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Tropical MBA: Entrepreneurship & Founder Lifestyle

Episode 290: TMBA290: A Conversation about Bootstrapping and Drop Shipping with Andrew Youderian

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 April 2015

⏱️ 30 minutes

🧾️ Download transcript

Summary

http://www.tropicalmba.com/dropshippinglife/ http://www.tropicalmba.com/dropshippinglife/ Podcast 29:33 | Download | Stitcher | iTunes | Comment This week Dan is on vacation in Asia with his family, so I’ve invited Andrew Youderian of eCommerceFuel onto the show to talk about what it means to be a bootstrapper and the differences between a bootstrap business and funded business. We also share our thoughts about the...

Transcript

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0:00.0

Hey, I'm all set. I got the ticket. I'm going to the Cayman Islands this Friday.

0:03.9

I don't get you. Who goes on vacation without a job?

0:07.0

What do you need a break from getting up at 11?

0:13.1

Hey, podcast, listener. Even if you are alone in your entrepreneurial journey, know that today,

0:17.8

right now in your earbuds, you are joined by thousands of entrepreneurs

0:21.3

from all around the globe seeking to grow better, more profitable, location independent

0:26.2

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

0:32.3

check out tropical MBA.com.

0:40.4

Hey guys, Ian here.

0:42.4

Thanks for tuning in to the show.

0:44.0

This week we have a special show.

0:45.9

Dan is off gallivanting around with his family in Asia.

0:49.2

So I am here with Andrew Udarian of e-commerce fuel.

0:53.1

Andrew and I sat back and we talked about a few things this week.

0:56.8

First, we started the episode talking about bootstrapping, what it means to be a bootstrapper,

1:02.0

how these businesses work, what are some of the differences between these businesses

1:05.5

and funded businesses.

1:07.3

Next, we talked about the drop shipping model.

1:10.6

Andrew owns a site, Right Channel Radio's. That's how we got into this whole thing, is he is a drop shipper. And so we talk a little bit about the drop shipping model and what we think is going to happen there in the next few years. Finally, we wrap up the episode talking about Andrew's community over at e-commerce fuel. It is a community for online entrepreneurs that are looking to build online stores.

1:30.2

And so Andrew and I go into depth about the difficulties of running a community and some of the

1:35.5

challenges that we're both facing.

1:37.1

So I hope you'll stick with us to the episode.

...

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