TMBA 478: The Downsides of Success

Two pieces of bread, soup, and vegetable sides

Podcast 30:27 | Download | Stitcher | iTunes | Comment

"Success" isn't always what it's cracked up to be.

Dan and Ian know this feeling all too well, as they have dealt with some of their own internal struggles after selling their product business.

On today's episode, we are talking about five specific downsides to success.

These aren't necessarily strategic elements, as much as they are about the mindset of success.

You'll hear about some of the common traps that successful entrepreneurs often find themselves in, and how success itself can actually become a competitive disadvantage.

Listen to this week's show and learn:

  • How success can give us "Rose Colored Glasses". (2:46)

  • The difference between "sugar" and "vegetables" when it comes to your business. (6:10)

  • How "Bloodsuckers" can drain you of your time, resources, and energy. (12:12)

  • Why success can sometimes leaving us struggling to find meaning. (16:15)

  • The dangers of living in a bubble. (20:12)

Mentioned in the episode:

Before the Exit - Our New Book
TMBA Masterminds
Sponsor the TMBA Podcast
The Dynamite Circle
The DC Podcast
Help Us Choose a New Name for the TropicalMBA Podcast
DC BKK
Dynamite Jobs
Paul Graham
The Myth of Sisyphus by Albert Camus

This week's sponsor:

This week's episode is brought to you by Dynamite Jobs

Dynamite Jobs is a service that helps entrepreneurs and listeners of this show find top, experienced talent to join their teams.  These types of remote positions can be especially challenging to hire for, and we specialize in making that process easy.  For those of you who are on the hunt for a new opportunity, we know how frustrating it can be to find good remote jobs, so we only work with established, reputable companies offering great remote opportunities.

If you're looking for a new job in the new year, check out DynamiteJobs.co.

Enjoyed this podcast? Check out these:

TMBA 460: Are We Being Honest About the True Cost of Bootstrapping a Business?
TMBA 468: “Allowing Myself To Dream That Big”
TMBA 473: "Which Hill Do You Want to Die On?"

Listening options:

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HAVE COMMENTS ABOUT THE SHOW?

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

Our producer Jane would love to hear from you at jane@tropicalmba.com or leave us a voice message using the record button below.

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

Cheers,

Dan & Ian

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TMBA 479: Quitting Social Media - “The ‘Walled Garden’ Experiment Is a Big Failure”

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TMBA 477: China From the Inside