TMBA 693: 5 Things We’ve Learnt From Speaking With 50 Business Owners
Today Dan and Ian reflect on some of the key observations they’ve taken away from calls with over 50 business owners during the launch of their implementation program ‘DC Scale’.
And, this being the TMBA, there are 5 categories: ‘The $500K Stall’, ‘The Solo Recording Artist Mentality’, ‘Pulling Punches’, ‘Grade A at Hiring But Grade B at Managing’ and ‘The Cloak of Invisibility’:
‘Even today, when there are more people to follow then followers, and everybody's a brand … Most of these entrepreneurs are just not brands. And they really don't need to be. The vast majority of people we spoke with have a personal network, they are using channels like events, industry contacts, and referrals to bring in the key relationships that they need in their business. They're not necessarily using internet marketing funnels to bring in customers’.
Dan and Ian also give their take on how and why the ‘Visionary vs Integrator’ definitions came about, and how useful they are, and share thoughts on the pros and cons of the ‘4 Day Work Week’.
Listen and learn:
Why Ian was scared to go on holiday and leave sales calls to Dan
Reasons many bootstrapped businesses stall at the $500K revenue mark
Are ‘visionary/integrator’ definitions helpful?
The power of producing a short book
Want More TMBA and Lifestyle Businesses?
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Mentioned in the episode:
Before the Exit – Our New Book
Partner With Us
The Dynamite Circle
Dynamite Jobs
Post a Remote Job
Tropical MBA on YouTube
Dynamite Jobs – Remote Recruiting Sales Page
Seth Godin
The Dip
Gino Wickman
Traction
Taylor Pearson
The Coaching Habit
From 6 to 7 Figures
Enjoyed this podcast? Check out these:
TMBA 557: Ascending the Staircase
TMBA 431: We Wrote a Book
TMBA 381: A Conversation with Cal Newport
This week’s sponsors:
Don’t Get Held Up While You’re Trying to Scale Up. Experience the ease of remote hiring with dedicated experts by your side. Book a call at https://www.remotefirstrecruiting.com/
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Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST.
Cheers,
Dan & Ian