Why $120K From Your Biz Beats $150K at a Job

Written By Dan Andrews

Podcast 30:31 | Download | Spotify| Stitcher | iTunes

Why are so many chasing $10M exits when $3-4M plus a paid-off house might be the real freedom number? Should you be betting big on Bitcoin in 2025, and did we miss out on a massive opportunity 9 years ago? And if you’re “unemployable,” is that a badge of honor... or a red flag?

This week, Dan and Ian crack open the reality behind location-independent entrepreneurship: from sipping wine in Europe (and still gaining weight) to navigating whether your side hustle cash flow can really replace that W-2 paycheck.

Links from the episode:

Join Dynamite Circle and hang out with us in Bangkok in October

Connect with 7+ figure founders and join us in NYC this December

The episode that could have made us $1.6 million
@levels.io’s investment portfolio (outperforming the S&P 500) 

BowTied Bull’s article “Think Twice After You Make It” 

This week’s sponsor: spp.co “Your billing, onboarding & projects in one client portal”

22 FREE business resources for location-independent entrepreneurs

CHAPTERS:

Video:

  • 00:00 Intro

  • 01:42 What percentage of W-2 Income is Small Biz income worth?

  • 14:30  Are entrepreneurs truly unemployable?

  • 18:02 Financial Cozy Level of Wealth

  • 26:07 Europe for the summer: overrated, underrated, or properly rated?

  • 27:23 Company news

Audio:

  • (00:00:00) Intro

  • (00:01:44) What percentage of W-2 Income is Small Biz income worth?

  • (00:13:48) This Week’s Sponsor: SPP.co

  • (00:15:12)  Are Entrepreneurs Truly Unemployable?

  • (00:18:34)  “Financially Cozy” Level of Wealth

  • (00:26:18) Europe for the summer: overrated, underrated, or properly rated?

  • (00:27:26) Company news

Dan Andrews is the co-founder of Dynamite Circle, author of Before the Exit, host of the Tropical MBA podcast, and an entrepreneur who has successfully launched and scaled multiple 7-figure businesses.

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Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Justin Tan, Matt Gartland, Ayman Al-Abdullah, Lucy Bella.

PLAYLIST:

TMBA 346: The Early Story of Bitcoin: https://tropicalmba.com/episodes/bitcoin 
5 Bootstrapper Takeaways from Hormozi’s $100M Launch: https://tropicalmba.com/episodes/5-takeaways-hormozi
Location is Leverage: How Advanced Digital Nomads Build Faster: https://tropicalmba.com/episodes/location-is-leverage

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Have comments about the show?

Do you have ideas for things you’d like Dan and Ian to discuss in future episodes?

You can email our producer Morgan at morgan@tropicalmba.com.

Thanks for listening to our show! We’ll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian

Dan Andrews
Next

5 Bootstrapper Takeaways from Hormozi’s $100M Launch