Episode 363: TMBA363: The Value of Apprenticeships
Tropical MBA: Entrepreneurship & Founder Lifestyle
Dan Andrews; Ian Schoen
4.9 • 527 Ratings
🗓️ 17 November 2016
⏱️ 39 minutes
🧾️ Download transcript
Summary
http://www.tropicalmba.com/apprentice2/ On this show, Dan and Ian talk a lot about apprenticeships.
In doing research about apprenticeships, Ian recently discovered that in many developed countries all over the world, there is a very robust apprenticeship culture that does not exist in the United States.
On this week's episode, we are going to bring you the story of one such apprenticeship told from both sides.
Jacob Puhl brought Corey Ames on as an apprentice at a company he founded called Firegang Dental Marketing. You'll hear how their relationship started and how it evolved to where it is today, as Corey is preparing to take over the reigns as CEO.
Transcript
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| 0:00.0 | I knew Corey was kind of always evaluating what his next best option was, and he had a lot of good ones. |
| 0:05.2 | So I was never sure that he was going to stick around. |
| 0:07.7 | I just knew that I had to keep presenting to him amazing opportunities and amazing future to keep him excited. |
| 0:17.7 | Hey, podcast listener, even if you are alone in your entrepreneurial journey, know that today, right now in your earbuds, |
| 0:23.7 | you are joined by thousands of entrepreneurs from all around the globe seeking to grow better, |
| 0:28.9 | more profitable, location independent businesses. |
| 0:31.8 | If you'd like to learn more about what we do and download our entire back catalog, |
| 0:37.0 | check out tropical MBA.com. |
| 0:47.3 | Thank you for joining this week's episode of the Tropical NBA. On this show, we talk a lot about |
| 0:53.4 | apprenticeships. We've even hosted our own. |
| 0:56.2 | And it got me a little bit curious in thinking after I talked to the two guests that we're |
| 1:01.2 | going to share with you in just a few minutes about the history of apprenticeships. So I did what |
| 1:06.0 | everybody does these days and I went over to Wikipedia. And I found something interesting. |
| 1:10.6 | A lot of developed |
| 1:11.8 | countries, including the UK, Germany, Australia have a robust apprenticeship track. Growing up in the |
| 1:17.9 | US, I was not really aware of this. I thought we just went to college. It says 40% on Wikipedia |
| 1:23.0 | of Australians inter-apprenticeships. Wow, that's a lot. In America, out of the 318 million people, |
| 1:31.8 | it says in 2016, only 500,000 were involved in apprenticeships. That's about 0.001% of the population. |
| 1:41.8 | It got me thinking, I guess, this might be what a lot of Americans |
| 1:44.7 | are thinking, is why would I enter an apprenticeship if I've learned everything I need to know |
| 1:49.3 | from marketing from the University of Texas at the rate of $26,000 a year right now for in-state |
| 1:56.0 | tuition? If you're out of state, $52,000 a year, Hmm, the last person I hired at a company that Dan and I |
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