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Tropical MBA: Entrepreneurship & Founder Lifestyle

TMBA528: The Brenwall Code

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 January 2020

⏱️ 36 minutes

🧾️ Download transcript

Summary

Last week, we spoke to Mark Brenwall about why he left his job in San Francisco to move to Asia and start WOD Nation, an Amazon FBA business that sells CrossFit products.

Today's podcast is the conclusion of that interview and in it, we speak specifically about Mark's entrepreneurial "code".

In this conversation, Mark shares some of his unorthodox business philosophies, as well as some specific insights into the Amazon FBA platform, and why he almost decided to sell his business last year.

Transcript

Click on a timestamp to play from that location

0:00.0

For me, not selling the business and focusing my life on, okay, I'm going to keep the business,

0:05.8

but I'll let the business be a separate part. It's not my whole identity.

0:10.1

Someone asked me, what do you do? I'm like, well, I golf. You know, oh, I also own a business

0:13.8

that does things, but I don't want to be identified with that.

0:19.9

Hey, podcast listener.

0:21.2

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, location independent businesses.

0:33.9

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

0:48.8

Alrighty, we are bringing the heat this week.

0:51.2

This is the second part of our interview with Mark

0:55.1

Brenwald. If you haven't listened to the first part, do go back and listen to it. So last

0:58.9

week, Mark talked frankly about the reasons he left a well-paid job and fancy loft in San Francisco

1:04.6

and he ended up in Asia and he eventually started an Amazon FBI business called Wad Nation, which sells CrossFit products.

1:13.8

He started out selling jump ropes and then developed into other items like wrist straps and stuff like

1:19.9

that, basically anything that a crossfitter might need. And so just for context, that business

1:25.6

currently nets him around $30,000 a month in profit.

1:30.1

Shout out for sharing the profit figures.

1:32.3

Got to respect that.

1:33.3

Got to respect that.

1:34.3

I know most people share the revenue, which I think is for obvious reasons, but Mark is a

1:38.5

total boss and is willing to be transparent with us all, and we appreciate that.

1:43.1

So in this episode, Mark is going

1:45.0

to share some insights about Amazon FBA, his unorthodox, but seriously cool business philosophy

...

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