Episode 251: TMBA 251: The Entrepreneurial Quest
Tropical MBA: Entrepreneurship & Founder Lifestyle
Dan Andrews; Ian Schoen
4.9 • 527 Ratings
🗓️ 3 July 2014
⏱️ 29 minutes
🧾️ Download transcript
Summary
http://www.tropicalmba.com/quest/ This week, we're talking about the four elements of the "Hero's Quest" that every entrepreneur embarks on. This episode is all about looking back and understanding the first six months of taking off on a new project or a new business, the struggle that it is, and how valuable that can end up being on the narrative of your life. We also answer some listener questions, including one about cold calling a huge corporation to make a sale.
Transcript
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| 0:00.0 | If you want a building on the side of the 405 with that blow-up Kalasaki, like if that's the kind of business you want to own, you might be headed there. |
| 0:09.6 | Hey, podcast, listener. Even if you are alone in your entrepreneurial journey, know that today, right now in your earbuds, you are joined by thousands of entrepreneurs from all around the globe seeking to grow better, more profitable, |
| 0:21.6 | location independent businesses. |
| 0:23.8 | If you'd like to learn more about what we do and download our entire back catalog, |
| 0:28.9 | check out tropical MBA.com. |
| 0:35.7 | Yeah, buddy, happy Thursday morning. |
| 0:37.3 | This is the Tropical MBA podcast. |
| 0:39.6 | It's the podcast. |
| 0:40.3 | We're the business end of lifestyle businesses, building a location independent enterprise, |
| 0:46.8 | allow you financial freedom, wealth, world travel. |
| 0:49.8 | Speaking of wealth and world travel, the boss man. |
| 0:52.3 | Is that the first time you said that? |
| 0:53.5 | Was that rehearsed? I hadn't heard that version yet. I came up with that off the top of my head. On this week's episode, the boss man and I are talking about going on an entrepreneurial quest. I've been really, I mean, partly last week, Ian, you talked about the good old days of the business, and I started to think back to what that was like and what we sacrificed to grow this thing. And it's kind of cool. |
| 1:14.3 | When you go around to entrepreneurs and you ask them, what was it like that first six months when you were going down the runway and you were trying to pull up on that yoke before the runway ran out and your little plane goes off the end? You can often hear some really cool stories. And we're gonna to share some of those stories on this week's episode. All right. So Kyle from Michigan wrote us an email |
| 1:32.2 | and he said, you've said numerous times on the podcast to avoid SaaS, with some caveats, of course. |
| 1:37.8 | As a software developer, would you recommend still avoiding SaaS as a first startup attempt |
| 1:42.2 | and stick with products? Or should I stick with what I know? |
| 1:45.3 | In your experience, what are the pros and cons of software versus product as a first attempt? |
| 1:51.1 | Thanks, Kyle from Michigan. Look, I don't want to come out and say you shouldn't do a software |
| 1:55.9 | business if you're a software developer. It doesn't make any sense to me to go and learn how to |
| 2:00.1 | become an industrial |
| 2:00.8 | designer. I think fundamentally, Ian, what this comes down to is solving problems and not getting |
... |
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