TMBA Podcast Episodes
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The Three Horsemen Holding Your Business Back from Breakthrough with Mike Michalowicz
Dan interviews business author and entrepreneur Mike Michalowicz, delving into the transformative concepts from Mike's books — "Profit First," "The Pumpkin Plan," Clockwork", and more.
They explore the power of prioritizing profit and why most small businesses are often “crushed” by the owner. Mike discusses his concept of the Queen Bee Role and advocates for specialization to scale effectively.
Stick around as Mike reveals the three horsemen that keep businesses right on the brink of success, often never finding breakthrough.
Under the Hood of an 8-Figure Business + Million Dollar Weekend with Noah Kagan
“Noah’s new book Million Dollar Weekend has so many nuggets for the aspiring and mature entrepreneur alike. Specifically, if you’re launching a new product, starting a new business, or you want to keep things simple for your team, you’ll find tangible guidance in this book.” - Dan
In this episode, TMBA host Dan Andrews sits down with Noah Kagan to talk about operating an 8-figure company at scale, something Noah does every day as the CEO of AppSumo.
Noah dives into specific processes around leadership, managing team members, setting achievable goals, making room or creativity, personal growth habits, and a whole lot more.
Business Basics: Revenue Durability, “Small” Goals, & High-Leverage Meetings
Today Dan & Ian challenge you to consider: How durable is your revenue?
They’ll explore the concepts of profit now vs profit later, investing profits to build durability, network effects, marginal profitability calculation, and more.
But first, in some lighter conversation, Dan argues that setting smaller goals and reconfiguring your team meetings can lead to higher productivity and higher yield in your business.
Plus, the 6 principles to a high-leverage meeting learned from running millionaire masterminds.
How to Have Your Best Year $$$Wise Ever
This week, Dan reveals a strategic approach to decision-making intervals for achieving top-line revenue and personal income goals. Join him as he explores how this decision-making cadence serves as a compass in navigating the challenging 'messy middle' of entrepreneurship.
What’s the messy middle? You’ve found some type of product-market fit, customers are buying, and you've set revenue and profit goals. Yet, you lack an exit strategy, millions in your bank account, and an executive team running your company.
In this episode, Dan invites you into his end-of-year meeting with co-founder Ian Schoen, unveiling the inner workings of their quarterly reviews. Discover the three key questions they always address and learn how this framework can guide you out of the messy middle, ensuring this is your best year money-wise ever.
An 8-figure exit and revisiting the 1,000-day principle
Dan & Ian offer up some end-of-year thought experiments for founders, including how to re-visualize your business, capitalize on strategy, and ensure that you are in the right role in your business.
Most founders assume they are the “executive” in the business, but more often than not, their daily behaviors are that of a director or manager. Understanding where you sit in your organization can make a huge difference in your ability to scale.
Plus, explore the business diagnostic: what would a PE firm do with your business? A helpful exercise to get you thinking objectively about the decisions that need to be made in your business.
Lastly, the guys relive the Mexico Meltdown, otherwise known as the DC Mexico launch. Tune in to hear what went down.
Non-Obvious Ways to Grow Your Business + Favorite Moments of 2023
As 2023 comes to a close, Dan & Ian reflect on how their business did in 2023 and share some of their favorite moments from the year.
They’ll also talk about what makes a compelling offer, the “non-obvious ways” to grow your business in 2024, and why you should dream bigger than the numbers when goal setting.
But first, Dan shares the top business books and podcast episodes that inspired him this year just in time for your holiday travels.
End-of-Year Brainstorming, Goal-Setting, and a Mexico Meltdown
Dan & Ian offer up some end-of-year thought experiments for founders, including how to re-visualize your business, capitalize on strategy, and ensure that you are in the right role in your business.
Most founders assume they are the “executive” in the business, but more often than not, their daily behaviors are that of a director or manager. Understanding where you sit in your organization can make a huge difference in your ability to scale.
Plus, explore the business diagnostic: what would a PE firm do with your business? A helpful exercise to get you thinking objectively about the decisions that need to be made in your business.
Lastly, the guys relive the Mexico Meltdown, otherwise known as the DC Mexico launch. Tune in to hear what went down.
Can Org Charts Be Sexy? + NYC Drinking Stories
Dan & Ian unravel the complexities of job titles and organizational frustrations post-DC Black event, offering solutions through org chart brainstorming, a new business idea, and how much you should be investing into networking strategies based on your income.
Plus, see what UI and API score they give NYC after spending the weekend there.
Special Edition Pod: Meet us in Mexico
In this special Tuesday edition of the pod, Dan & Ian make the hard sell for listeners to meet them in Mexico.
If you’re into five-star resorts, good food, frosty drinks, and nerding out about your business, consider this your official invite.
Cash Flowing Your Early Retirement (10K/mo+)
This week, Dan continues delving into the world of coaching with a story about one company that provides highly paid professionals with a low-stress way to earn a living in the sunset phase of their careers.
Dan also interviews Sarah Weaver, a real estate investor and entrepreneur, who has achieved an impressive monthly cash flow of over $10,000 from her real estate portfolio in under five years.
Join us to glean insights from Sarah's journey, as she shares strategies for cash-flowing retirement through smart real estate investments. Sarah talks about how she bought 19 properties, the six metrics she evaluates before investing in a specific city, building a brand around her experience, and more.
What is the Michael Jordan of Business Models?
All we can say is that it’s extremely powerful and extremely profitable. Dan and Ian nerd out on what might be the GOAT business model of all time.
They analyze some of the best examples of said business model, and talk about ways that you can rip, pivot, and jam these ideas for your own business.
Plus, two books you should pick up that Dan simply couldn’t put down.
Mailbag: Hang-ups, Power-ups, and Cheat Codes for Entrepreneurs
Dan & Ian open up the metaphorical mailbag to answer some listener questions.
They reveal cheat codes for bootstrappers and how to activate them, the top reasons people can’t scale to 7+ figures, and the difference between F U money and Freedom Line money.
All that and more, including a big announcement regarding Ian’s car collection.
The Freedom Line, 7+ Figure Founders, and Extended DCBKK Recap
This week Dan & Ian talk about a topic that came up countless times at this year’s DCBKK: Whether to exit or stay in your business.
They’ll revisit frameworks from their book Before The Exit and discuss how to figure out what's best for your business.
After that, Dan chats with DCBKK Master of Ceremonies Adam Palmeter about his experience at this year’s event compared to years past.
Insights from DCBKK 2023: The UI vs API of a Location, How Bootstrappers Are Getting Wealthy, 2024 Business Strategy, and More
Dan & Ian are back in Austin and have fully recovered from what was the biggest event in DC history: DCBKK 2023.
Over 400 entrepreneurs gathered in the world-class city of Bangkok to swap stories, participate in masterminds, and fuel each other to reach new business heights in 2024.
In the episode, they covered many topics, including a framework for analyzing locations by their UI versus API, why Thailand's UI beats America, and what’s next for DC Black, a community for 7 & 8-figure founders.
Dan & Ian also share their biggest conference takeaways, some of their business strategy for 2024, and three trends happening in the community and the industry at large.
Stick around for some of their favorite stories from DCBKK 2023.
How Anthony Fasano Built a 7-Figure Brand Around a Very Niche Audience
This week, Dan is joined by a listener who wrote in with some compelling insights on community, camaraderie, and what it takes to be a successful entrepreneur.
Anthony Fosano, founder of Engineering Management Institute, built a 7-figure brand with a coaching business and a YouTube and podcast network that has garnered over 3 million downloads.
They cover many topics like how to leverage skills and resources from your full-time job to start your own business, how to build a business around a very niche audience, and why many entrepreneurs might find themselves coming “full circle” in search of community.
Hyper Niche Business Ideas with Big End Game Potential
This week Dan invites Dana Lindahl, founder of Legendary Podcasts, as a special guest on the pod.
They’ll discuss how you can generate cash flow and demand for your product immediately using cold email and identify high-earning potential business ideas by seeking out hyper niches.
They’ll also talk about the difficulties of running service businesses, plus the opportunities and the end games, including a strategy called the “Split and Sale.”
4 types of business coaches for 7+ figure founders and reflecting on our 15-year partnership
Ian and Dan agree that partnerships can create polarized outcomes, either leading to a successful collaboration or a complete failure, depending on a few essential factors they’ve learned over the years.
Find out whether they think business partnerships are a net positive or negative amongst the most successful businesses we've seen, and why every partnership would benefit from a business coach.
Revisiting the History of Digital Nomadism, AI For Connecting Founders, and the Big Focus Problem
This week, Dan & Ian talk about the early days of digital nomadism, what it says about the future, and how to spot new opportunities in life and business.
They'll also explore new topics like compound startup theory, why focus can steer you in the wrong direction, and whether TikTok is the blue ocean Amazon was in 2014.
Stay tuned to learn about the new AI feature, enabling founders to make connections more swiftly than ever.
All this and more in today's fully booked episode, so buckle up and charge your earbuds.
Dissecting the American Dream & Business Lessons from the Elon Musk Bio
Dan & Ian react to a viral article that asks the question: Does the American Dream still make sense in 2023? They point to the internationality of the concept, and muse about how the American Dream is changing and how it’s particularly relevant to digital nomads and founders.
Dan also gives a rundown of the Elon Musk bio and extracts the business lessons he gleaned from the book. Lastly, with DCBKK less than a month away, Dan & Ian reminisce about why they started this event in Bangkok over 10 years ago, and why it’s still worth the trip.
Brian Balfour’s $33M Growth Insights: Product-Market Fit, Durability, & Knowing Your Natural Limits
Join Dan for a wide-ranging conversation with Brian, the Founder and CEO of Reforge, as they dive into critical points in his remarkable journey and gained insights from his experience as the former VP of Growth at Hubspot. Brian has started multiple VC-backed companies and shares his wisdom through detailed essays on growth and user acquisition and in a new podcast, Unsolicited Feedback.