TMBA 490: The Six-Figure Slump

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A few weeks ago, Dan and Ian hosted their annual Dynamite Circle event in Austin, Texas.

They met many listeners of this show who traveled from all around the world to attend.

Those entrepreneurs shared some incredible stories, insights, advice, and feedback with us, and we can't wait to talk about them.

On today's podcast, we're discussing some of our biggest takeaways from DC Austin 2019, including one of the most common recurring themes that we've heard from entrepreneurs attending, a phenomenon that we're calling "The Six-Figure Slump".

And stick around after the credits to hear some bonus reflections from our friend Shayna Oliveira, who spoke about her takeaways from DC Austin on her own podcast, Entrepreneurs in Motion.

Listen to this week's show and learn:

  • Why people get stuck in the "Six-Figure Slump". (6:12)

  • How you can grow your business by hiring highly motivated young people. (12:40)

  • The kinds of conversations that can only happen in the context of a like-minded community. (22:40)

  • Why it's important to know the difference between value and money. (26:12)

  • Some insights about our event from Shayna Oliveira. (36:40)

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
Shayna Oliveira
Entrepreneurs in Motion
SaaSicorn
Travis Jameson
Supremacy SEO
Empire Flippers
Revision Legal
Greenbelly

This week's sponsor:

Carl Friedrik Logo - TMBA Sponsor

This week's episode is sponsored by Carl Friedrik.

We know when you’re out and about and traveling, you need a bag which looks great but is also highly functional - one that can take you a plane, to a business meeting, to the gym and drinks after. Carl Friedrik has a great range of stunning leather bags designed specifically for this. They have backpacks, weekend bags, and classic briefcases and handbags, all with a contemporary sleek design that is Carl Friedrik’s trademark. They are ideal for carrying essentials like a 15-inch laptop, notebooks, documents, clothes and much more.

Have a look at their website and use code TMBA10 for a 10% discount on your first purchase.

Enjoyed this podcast? Check out these:

TMBA 484: 5 Things We’ve Learned From Running a New Business for 6 Months
TMBA 487: “If It Makes Us Money We Shouldn't Be Doing It”
TMBA 489: Should You Hold a Company Retreat?

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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 491: Breaking Up is Still Hard to Do

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TMBA 489: Should You Hold a Company Retreat?