TMBA 319: The Mind Game of Making Over $100,000

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On this week's show Dan and Ian were originally going to be talking about the three different stages of entrepreneurship, but once Dan started speaking with Michael Erickson, he knew that this conversation was worth devoting an entire episode to.

Michael trained hard and loved the career path that he was on initially, but a sudden change in his life-script drove him to become an entrepreneur. Michael's story is ultimately about how difficult circumstances can prompt you to change your life, and how transforming your mindset is the first hurdle to achieving entrepreneurial success.

Listen to this week's show and learn:

  • Michael's first career and what happened when he was laid off from his job. (4:00)

  • How Michael first started making money online. (5:51)

  • One of the common misconceptions that entrepreneurs have about creating their own structure. (11:03)

  • A mindset trap that a lot of freelancers fall into. (12:00)

  • How the challenges have changed since Michael's business has grown. (13:50)

Mentioned in the episode:

The Dynamite Circle
SearchScientists.com
Jacob Puhl
Verne Harnish
Good to Great by Jim Collins
The Personal MBA by Josh Kaufman
UpWork
AdWords

Enjoyed this podcast? Check out these:

TMBA120: Our Mindset Manifesto: Lessons From 5 Years of Running a Business
TMBA230: Entrepreneurial Mindset Fundamentals
TMBA309: "Though We've Hit Over 100k MRR in Less Than a Year, I Still Feel Like an Outsider"

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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 320: How Do You Decide When Enough is Enough?

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TMBA 318: Mentors - The Good, the Bad and the Ugly