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Tropical MBA: Entrepreneurship & Founder Lifestyle

Episode 145: TMBA 145 (TTR19) – The 2% Fallacy and 10 Business Red Flags

Tropical MBA: Entrepreneurship & Founder Lifestyle

Dan Andrews; Ian Schoen

Digital Nomad, Business, Ecommerce, Society & Culture, Amazon, Founders, Cash Flow, Places & Travel, Founder, Business Owner, Cashflow, Management, Entrepreneurship, Million, Operator, Operations, Profits, Distributed Team

4.9527 Ratings

🗓️ 2 November 2012

⏱️ 22 minutes

🧾️ Download transcript

Summary

I’m back in Bali hoping to take advantage of the inspiring scenery and lifestyle to get a ton of work done. I was excited to hop on the mic solo-style this week and address those of you who plan to spend the weekend hustling away.
In this week’s show I talk about some digital nomad hot spots as well as 10 business red flags that prevent you and your business from achieving maximum velocity.

Transcript

Click on a timestamp to play from that location

0:00.0

You guys might not recognize it, but to me that's the sound of home.

0:05.0

After many months of travel, it's good to relax back here in Bali

0:11.0

and to be here on Kuta Beach and to join you all.

0:14.0

Solo edition of Tropical Talk Radio tonight.

0:17.0

It's the weekend, you guys don't care, right?

0:19.0

I know what you're all doing tomorrow. I'm trying to hide it. I know you're going to wake up. You're on that laptop. Start hustling. Let's get moving. Yeah, buddy, you've downloaded Tropical Talk Radio and where we talk about all things, entrepreneurship, travel, and lifestyle. If you're interested in more about this program,

0:38.1

check out tropical MBA.com. And if you sign up for our mailing list, I will personally send

0:43.6

you 50 free podcast episodes that take you along on our journey and expose the insider story

0:50.1

on how we started a million dollar honest to goodness product business while we travel the globe.

0:57.6

Happy Happy Hour, everybody. It's Tropical Talk Radio. This is coming to direct from Bali.

1:03.8

Actually, just landed yesterday. DC or Tom Malali kindly put me up in his fine apartment in the

1:09.9

Legion area, central area of Bali.

1:12.3

Just got here from Chang Mai.

1:13.5

So what do you say we do a little bit of a Chang Mai versus Bali?

1:17.2

What the hell?

1:18.2

I'm famous for my uninformed opinions.

1:20.3

I was only in Chiang Mai for a working week or so, but I've got some opinions about it.

1:24.2

And it is the verifiable digital nomad internet entrepreneur capital

1:27.6

of the world for bootstrappers so i want to talk a little bit about that today's episode

1:32.7

is going to be a short one i'm going to talk about 10 red flags or inefficiencies things that

1:38.1

you need to look for in your business and maybe some things that you can do about them. I also have a couple news updates.

1:45.7

First on Chiang Mai.

...

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