Episode 250: TMBA 250: Designing and Prototyping Your Own Consumer Product
Tropical MBA: Entrepreneurship & Founder Lifestyle
Dan Andrews; Ian Schoen
4.9 • 527 Ratings
🗓️ 26 June 2014
⏱️ 44 minutes
🧾️ Download transcript
Summary
http://www.tropicalmba.com/bedphones/ Bossman and I are celebrating our 250th episode this week. We're also talking to our good friend Eric Dubs, the creator of Bedphones. Eric has found success in the consumer electronics market, despite facing competition from some huge brands. Eric has been able to build a genuine Four Hour Work Week product business through automation. We'll talk about what went into the creation of Eric's product, how he was able to get it featured on platforms like Dr. Oz and Good Morning America, and how his business has evolved to the point where he can operate it remotely.
Transcript
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| 0:00.0 | You're laying there in bed and people talk you to sleep basically. |
| 0:03.3 | Sort of like this podcast. |
| 0:08.2 | Hey podcast, listener. |
| 0:09.7 | Even if you are alone in your entrepreneurial journey, know that today, right now in your |
| 0:13.7 | earbuds, you are joined by thousands of entrepreneurs from all around the globe seeking |
| 0:18.5 | to grow better, more profitable, location independent businesses. |
| 0:22.4 | If you'd like to learn more about what we do and download our entire back catalog, check out tropical MBA.com. |
| 0:34.9 | Yeah, buddy, happy Thursday morning. It's the Tropical MBA podcast. Guess what, boss man? It's episode 250. 250. That's a, that's a, must be something. Where has the time gone? We were just doing a little bit of reminiscing. This one will be at tropical MBA.com slash bedphones. |
| 0:57.1 | Today we're going to tell the story of Eric Dubs' great business, bedphones.com. |
| 1:02.8 | But before we get into that, boss man, we were doing a little reminiscent before the call. |
| 1:07.5 | Why don't you just bring us back into the world? Where were we back at episode number one? We're just talking about like the good old days. The time we were talking about here, Dan, was you had just moved, was it to Vietnam or the Philippines? Probably Vietnam. I think it was Vietnam. 2008. This was the first year, like when someone would call to order something, you would like run to the warehouse and build it. Yeah. You know, and you were just like, I hope. It was insane. Yeah. I had a studio |
| 1:31.7 | apartment in Hillcrest, and I had a 1998 Mustang GT cherry. The intake manifold had just |
| 1:40.0 | cracked, and I knew that was going to be a problem on that car yeah yeah and I like didn't have a |
| 1:44.2 | garage or anything like that and I was like man this this is awful like lowered with flow masters |
| 1:49.6 | oh yeah by the way that was lowered with flow masters we drove through that tunnel that one time |
| 1:54.1 | yeah yeah sounded good and so I just remember being like man forget this I got it I got a downsize man |
| 2:00.7 | I got to get boys I already moved once I'd like got rid of my garage and all this stuff. I was like, I got a downsize, man. If we're going to make a good at this business, I got to get rid of this ridiculous vehicle. I got to get rid of this ridiculous one-bedroom apartment that I'm paying too much for. It was 800 bucks a month 800 bucks a month you thought |
| 2:20.4 | you were some kind of gangster back then I don't know what you were thinking you don't even spend |
| 2:24.0 | 800 bucks a month nowadays oh no I spend way less than that we just started the business and yeah |
| 2:29.2 | I was kind of doing everything so we'd get a phone call like once a day or maybe like once every |
| 2:33.5 | other day maybe they'd want to order a podium maybe they day or maybe like once every other day. Maybe they'd |
| 2:34.9 | want to order a podium. Maybe they wouldn't. Maybe I don't know what they wanted back then. But I would |
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