The Tropical MBA Podcast aims to show you the inside story of the people who are building "micro-multinational" businesses while they travel the world. We are interested in entrepreneurship, travel, internationalization, and personal freedom. Join 1,000's of listeners from all around the world, every Thursday morning.
TMBA 677: Digital Nomad Cities for 2023 and Choosing Between ‘Scaling Up’ And ‘Traction’
Some call it ‘revenge travel’, others just call it ‘getting back to normal’ but people in the location independent community are, for sure, hitting the road again. In this week’s show, Dan and Ian look at what factors feed into creating ‘digital nomad hotspots’, and the possible new emerging cities suggested by listeners of this podcast, and members of the ‘Dynamite Circle’.
They also discuss how they are going about implementing systems in their newest business, ‘Dynamite Jobs’, the pros and cons of those prescribed by ‘Traction’ and ‘Scaling Up’, and why they chose to work with a facilitator:
‘We did some of the exercises wrong. It's not that we didn't understand them. But maybe we didn't understand the intent and how they fit into the bigger part of the picture. So I found it really helpful to do the exercises with someone because we were exposed to a bunch of exercises, and now we get to pick and choose based on the way that we filled it out. So I felt, in a lot of ways, we condensed it by having a facilitator help us’.
TMBA 676: Let’s Talk About DCBKK2022
It’s been three long years since DC members were able to gather in Bangkok to share great food, experiences and talk business. And DCBKK2022, our ten year anniversary event, with almost 400 attendees, was not only our biggest event but also such a blast.
So this week Dan, Ian and Jeff Pecaro get together to talk about not only the highlights of DCBKK20220 - one of which was definitely a 100 strong Tuk Tuk parade which ferried people through the streets of Bangkok to the closing party - but also takeaways, trends spotting from the conference floor, and things that are up for improvement next year:
“We're always gonna have speakers, we're always gonna have meetups, we're always gonna have presenters, we're always gonna have structured conversations. But one of the pieces of feedback that we've been getting for years is: how can we bring people together to just do things?”
TMBA 675: The Art of Personal Blogging Redux
There are big changes in the wind at Twitter, with Elon Musk suggesting he might further open the platform to longer form pieces, and also paid content. Might this open up greater opportunities for those with established blogs, or looking to start one?
On today’s show we revisit a favorite episode from our back catalogue focused on personal blogging and what it means to write on the internet. And to help tell this story, which is close to his heart, Dan invited two writers who both have a long and rich experience in the blogging space.
Taylor Pearson has been a frequent guest and contributor on this podcast. He is the author of The End of Jobs, and he runs an excellent blog on his website.
Amanda Cook is an author, a podcaster, herbalist, and the founder of a business called Wellpreneur. Over the years, she has published online about a wide variety of projects, but the one consistent thing is that she’s always had an excellent blog, which you can find at AmandaCook.me.
Join us for this round table discussion about the past and future of blogging on the internet, tips for those starting out with a personal blog, some of our favorite blogs to read today, and so much more.
TMBA 674: Going Viral For Saying ‘I Live Better In Thailand Than I Did In The U.S.’
When Jesse Schoberg, Co-founder of DropIn Blog, shared his thoughts about the huge benefits of living in Bangkok with CNBC, as part of their ‘Make It’ series, he had no idea it would go viral - both inside Thailand and abroad.
The piece, titled ‘I live better in Thailand than I did in the U.S. — here’s how much it costs’ received lots of appreciation but also a stream of more negative comments from some members of the backpacking and expat retiree communities. They criticised how much Jesse chooses to spend on accommodation, food and travel in a place often seen as a mecca for cheap living.
“A lot of people were like, ‘Oh, for $8,000 a month, you can live anywhere … no, you cannot live like we live here in New York, which is an equivalent city, for $8,000 a month. When we were in New York recently, the apartment we were staying in was a small studio, and it was $4,200 or $4,400 a month. It was nothing near the type of service or quality that we would get in Bangkok for much less.”
On today’s show Dan and Ian talk to Jesse about why he decided to participate in the series in the first place, the very different reaction he received from the Thai audience and some possible reasons why ‘spend shaming’ exists.
TMBA 673: Side-Hustle to Multi-million Inc500 #98 Business
Side-Hustles, which - with a lot of hard work - evolve into full-time businesses are a theme of many entrepreneurial journeys. We’ve covered a fair few on this show.
But Brenden Marquardt’s story is particularly interesting for a few reasons: even though he was in a well-paid finance job, and knew he wasn’t great at ‘ideas’, he did the groundwork to be ready for when the opportunity he was looking for presented itself.
On today’s show Brenden, Co-Founder of Homestead Brands talks to Dan about how a chance click on a website led him to buy Lori Beds, his methodology for working ‘on’ not ‘in’ the business
“When I hired my first executive team member Dodes, who manages our product - the manufacturing, relationships, logistics and things like that. Even before I hired him, just talking with him, I realised we had set our goals way too small, because I didn't know how to do any of those things that he spent every day doing in the furniture industry”.
And why Brenden takes inspiration for working with other family members in his business from ‘The Sopranos’.
TMBA 672: Marketing by Building In Public: From Hobby to Major Business Opportunity
It started as a hobby at college, and was also the way he met his wife but now ‘Dumpster Diving’ has become a major business opportunity for Dave Sheffield, Founder of Buffalo Bottle Craft.
In today’s show Dave talks to Dan about how a Vice documentary, currently watched by nearly 1.5M people, and subsequent media interest has made him consider the many different ways a ‘Dumpster Diving’ enterprise could grown: from selling physical products from dumpster finds, to creating online content showing how others can do the same:
“If I find some new material in the dumpster that I know that I can source at scale … I just make a video and I say, ‘Hey, guys, look at this cool thing. What do you think I could make from it? What would you make from it?’ And that's my product research right there.”
So much value
Cools dudes with great attitudes. Happy to have found this.
Make a business first and then talk about your entrepreneurial journey in your blog to have something noteworthy to say.