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Tropical MBA: Entrepreneurship & Founder Lifestyle

Episode 266: TMBA266: Growing Productized Services Businesses

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

🗓️ 16 October 2014

⏱️ 20 minutes

🧾️ Download transcript

Summary

http://www.tropicalmba.com/scale/ Bossman and I are in Bangkok, gearing up for DC BKK, and we are chatting with our friend Jacob Puhl this week. Jacob is one of our speakers here for the event, and he has built a really unique and successful productized service business, geared primarily toward the dental industry. He really has a lot of valuable knowledge on how to scale a business. We're gonna be talking about how to overcome the complications of investing in and expanding a service business and the five ways to turn your services business into a salable asset.

Transcript

Click on a timestamp to play from that location

0:00.0

It's the whole thing that's going on with all Kim Jung, you know what I mean?

0:03.5

Busted my ankles, now I'm not showing up.

0:05.9

No, I'm good.

0:06.6

I'm here.

0:10.2

Hey, podcast, listener.

0:11.6

Even if you are alone in your entrepreneurial journey, know that today, right now in your

0:15.5

earbuds, you are joined by thousands of entrepreneurs from all around the globe

0:19.7

seeking to grow better, more profitable

0:22.1

location independent businesses.

0:24.2

If you'd like to learn more about what we do and download our entire back catalog, check

0:29.7

out tropical MBA.com.

0:56.0

Yeah, buddy, happy Thursday morning. It's actually Thursday morning. Here we are. It's a tropical NBA podcast today. I'm joined by the boss man. How's my left? And on my right, Jacob Poole, one of our speakers here at DCBKK. Thanks for joining us. Yeah, how's it going, guys? Hey, we also got an audience member. Shout on to Simon Payne. Simon Payne, have you been on this podcast before? I think in spirit at minimum.

0:58.0

You know what Simon said to me?

0:59.0

He said, can I stay in the room? And I said, of course you can stay in the room. You say, great, that way I don't have to listen to the episode. Smart. All right.

1:06.0

Today we're going to be talking about product ties services.

1:09.2

That's what we've asked you to come to the conference to talk about.

1:11.7

You've built a really successful productized service business. And this is sort of like a 201 episode. If you've gotten to the point where your services business has taken off, you probably have some sales chops. You probably learn how to go out there and drag it home. What we were finding in the community is capacity issues. You've basically

1:27.9

build yourself a fire hose and then you've got to drink from it. So I think you have a lot to

1:32.0

offer in terms of building a solid operation that then you can just go out and sell into and

1:37.3

grow that services business. So could you give us some background on what your business

1:41.4

looks like so we can put this conversation into context? Yeah, yeah, we're about the u.s full time myself my partner and two others and we've got a team

1:49.8

of about 20 any day 20 to 25 people around the world are working on our clients for us and what is

...

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