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Tropical MBA: Entrepreneurship & Founder Lifestyle

TMBA482: “I Got There and I Thought It Sucked” - From Digital Dreams to Deals

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

🗓️ 28 February 2019

⏱️ 30 minutes

🧾️ Download transcript

Summary

Dan and Ian have shared many stories on this podcast of people who have escaped from the cubicle in search of location-independence.

This week's episode is a little different, as today's guest left his 9-to-5 job in pursuit of entrepreneurial freedom, only to find that it wasn't what it was cracked up to be.

Coran Woodmass left his job in Australia and moved to Chiang Mai, Thailand. He started building, buying and selling small web properties, but ultimately realized that it didn't make him happy.

These days, Coran has moved into a field he is incredibly passionate about, advising and brokering quality deals for Amazon FBA owners through his new business, TheFBABroker.com.

This conversation is about buying and selling Amazon businesses, but it's about a lot more than that too, specifically, what makes you feel satisfied and fulfilled.

Transcript

Click on a timestamp to play from that location

0:00.0

Hey, podcast, listener.

0:05.1

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

0:09.7

you are joined by thousands of entrepreneurs from all around the globe seeking to grow better,

0:14.9

more profitable, location independent businesses.

0:17.8

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

0:23.5

Tropical MBA.com.

0:32.5

In today's episode, we're going to get some insights into what it's like to buy and sell businesses,

0:38.3

specifically Amazon businesses in 2019, but it's about a lot more than that. Specifically,

0:45.4

what makes you feel satisfied and fulfilled? After all, that's part of the reason we're building

0:50.8

these businesses in the first place. and frankly, that can be the

0:55.0

hardest component. So today's guest is Corin Woodmass, and someone I've known for a long time.

1:01.0

Corn Flood is cubicle in Australia to try to make that four-hour work week dream a reality, and he got

1:08.2

started off building, buying, and selling small web properties. And it took

1:15.0

him many years to realize that that four-hour workweek hustle didn't ultimately make him happy.

1:22.1

Internally, I was bordering on depression. And that's super weird to say because I had everything I thought I wanted

1:29.7

and I got there and I thought it sucked. And we're going to get more into that towards the

1:36.1

end of the show, but we kick off this conversation by talking about what corn is up to today,

1:41.4

something that's really stoked his passion. Advising and brokering quality deals for

1:47.4

sellers through his company, thefba broker.com. Most times people are selling for a reason. Most

1:54.8

times it's out of fear. I've been on both sides of transactions and I just want to help each

2:00.7

client get the best outcome

2:02.4

for them. And he has big dreams for his new businesses future, as you'll hear.

...

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