“When is my LTV good enough?” + Founder Mode for Bootstrappers

Podcast 29:18 | Download | Spotify| Stitcher | iTunes

“Manager mode is so tempting…” Dan & Ian discuss Paul Graham’s most recent essay titled “Founder Mode”, and how lifestyle bootsrappers can harness the power of founder mode to grow their businesses.

They’ll also address a question they get asked all the time: “But when is my LTV good enough?” How to figure out your LTV to CAC ratio and more in this week’s episode.

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From the episode:

Paul Graham’s Founder Mode.

‘Old Man River’ reference from The 5 Approaches for Getting Rich + Budgeting for Wealth

Connect with us:

Dan: @TropicalMBA or dan@tropicalmba.com

Ian: @AnythingIan or ian@tropicalmba.com

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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, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan, Lucy Bella Simkins, Brian Balfour, Nick Huber, Mike Michalowicz, Greg Crabtree, Jordan Gal

Additional episodes you might enjoy:

$30K a Month on Upwork in Less Than 2 Years

“Lifestyle Business” vs “Real Business”

Only 3 Ways to Grow…What Would Plato Do

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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

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6 Keys to a Successful Bootstrapped Business

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You Don’t Have an Operations Problem. You Have a Sales & Marketing Problem.