Tropical MBA - Entrepreneurship, Travel, and Lifestyle

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.



      TMBA453: What’s The First Step To Becoming an Entrepreneur?

      Podcast 56:28 | Download | Stitcher | iTunes | Comment This week, Dan and Ian are talking about the very first step to creating a lifestyle business. Contrary to popular belief, that first step is not quitting your job or coming up with a business idea. The real first step begins with your personal finances. We’re talking about...



      TMBA452: How to Master a Mastermind

      On today's podcast, Dan and Ian are talking about one of the most critical elements to their own success in business: masterminds.

      We've talked about the importance of masterminds before on this podcast, but we believe it is an issue worth addressing again because we have seen the benefits that entrepreneurs can achieve from them firsthand.

      When taken advantage of correctly, the value of a great mastermind cannot be understated, and masterminds have played a vital r...



      TMBA451: Are You Suffering From Analysis Paralysis?

      Podcast 33:44 | Download | Stitcher | iTunes | Comment Dan and Ian struggled (as many entrepreneurs do) getting on their feet and creating the kind of success that would afford them the freedom in their lives that they were seeking. None of that would have been possible if they had succumbed to the subject of today’s podcast....



      TMBA450: The Best Remote Business Might Be On Your Doorstep

      Podcast 33:26 | Download | Stitcher | iTunes | Comment Dan and Ian love sharing entrepreneurial origins stories on this show. Today, we are bringing you one from someone who has chosen an unsual entrepreneurial path. Neel Parekh is the founder of a cleaning services company called MaidThis, which operates all over Southern California. What makes Neel’s business...



      TMBA449: The Peter Principle Revisited

      On this week's episode, Dan and Ian are going to explore one of the philosophical concepts that they have been talking about increasingly on this show.

      The Peter Principle was originally published by Laurence J. Peter in 1969. The basic premise is that every employee or member of an organizational hierarchy will tend to rise to their own "level of incompetence".

      On today's podcast, we are talking about what this concept means for entrepreneurs, how it applies to us, ho...


       2018-07-12  31m

      TMBA448: The Cult of Early Retirement

      Dan and Ian share stories of financial freedom every week on this podcast.

      On this week's episode, they wanted to explore what that freedom actually means. To some, living a life of frugality can allow yourself to retire early, but does it really bring you freedom?

      One year ago, Dan wrote an article called The Cult of Early Retirement Meets (Or Strangely, Doesn't Meet) The Cult of Entrepreneurship. This article turned out to be fairly controversial, with many readers o...


       2018-07-04  41m

      TMBA447: The Suburban Entrepreneur

      Dan and Ian return this week with another unique entrepreneurial origin story.

      In fact, today's guest has built a business in the last four years that has revenues in the low seven figures and he now employs five employees.

      Part of the reason we like to share these origin stories on the show is that there's a moment for every one of us when we really truly did not believe that we could achieve this sort of thing.

      Allen Walton knows that feeling all too we...


       2018-06-28  51m

      TMBA446: The Tale of 12 Exits

      As many of you know, Dan and Ian love hearing from the listeners of this show.

      A listener named Tom Hannon recently wrote in with a question that we really hadn't addressed on this show before.

      We've talked a lot about selling businesses on this podcast lately, but what happens when you don't have a choice? What happens when you are forced to sell?

      As we started talking with Tom, we discovered that he has actually sold twelve businesses of his own, and the ...


       2018-06-21  42m

      TMBA445: Finding Your Tribe

      Today's show is all about seizing opportunities.

      Last year, Dan and Ian invited Greg Gerber, who is a member of our community The Dynamite Circle, on to the show to talk about how he gifted an up-and-coming entrepreneur an all-expenses-paid trip to our annual event in Barcelona.

      This idea of "paying it forward" has really taken off in the community since then.

      At our recent event in Austin, TX, Meryl Johnston offered two free tickets on behalf of her c...


       2018-06-14  31m

      TMBA444: When Should I Hire?

      Dan and Ian are back this week to respond to another listener-submitted question.

      Chris Cage from recently reached out to us with a problem that many listeners of this show have been struggling with: when is it the right time to hire somebody?

      This is a moment in the entrepreneurial journey that every entrepreneur will eventually reach, and it isn't always easy to make the right decision. Hiring can be expensive, from both a financial perspective and ...


       2018-06-07  55m