With 10M+ downloads and thousands of listener meetups worldwide, the TMBA Podcast is the hub for 7 & 8-figure founders who’ve built life-changing businesses while attaining personal freedom. New episodes every Thursday morning.
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#772 “When is my LTV good enough?” + Founder Mode for Bootstrappers
29:18
29:18
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“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…
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#770 You Don’t Have an Operations Problem. You Have a Sales & Marketing Problem.
26:57
26:57
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Many founders think they have an operations problem - delivery, trust, staffing, leadership. But Dan thinks you might actually have a sales & marketing problem. Dan & Ian also talk about becoming better leaders and how to fight against the erge to control your team. Last but not least, Dan shares the invaluable relationship advice he learned from P…
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#770 $30K a Month on Upwork in Less Than 2 Years
27:51
27:51
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This founder started an Upwork agency less than 2 years ago and is making $30K a month… JUST on Upwork alone. We talk about how to take it to $80K a month and beyond in the next year. In this week’s newsletter, we include our ICP exercise. Your next breakthrough in under 30 minutes. TMBA email subscribers can also apply to get business coaching fro…
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#769 - $100K MRR in 12 Months… Can They Do It?
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46:51
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These co-founders want to more than triple their revenue in the next 12 months. Despite stagnation the past few years, they believe they can get there. Dan & Ian dissect their plans to achieve this goal and offer some counterintuitive advice. They cover repackaging a product for a higher cost, focusing on your premium customers, and how to lead a s…
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#768 “Lifestyle Business” vs “Real Business”
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37:52
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37:52
Go from being trapped in the job you’ve built for yourself to building a wealth-generating machine. Dan & Ian challenge service businesses to determine their LTV to CAC ratio so they can improve their cashflow and run a “real” business that gives them the lifestyle they want. Calculating the LTV to CAC ratio may sound hard (and boring), but it’s no…
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Dan & Ian talk to a listener who’s running a SaaS business that within one year got to $8K MRR. The business is full of potential and opportunities, but the risks involved with having all of your customers come from one channel looms heavily in the background. They discuss topics like how to build relationships with customers, increase average cart…
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Dan & Ian talk to a listener who’s running a $1M D2C e-commerce business about the challenges and opportunities he faces as he plans for future growth and a potential exit down the road. They discuss topics like decreasing customer acquisition costs, increasing profit margins, the absolutely essential role of a CFO, and not letting your passion for…
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#765 Only 3 Ways to Grow…What Would Plato Do
34:49
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Tackling one of the biggest problems entrepreneurs struggle with: separating their business from their own narrative and looking at it with fresh eyes. This episode will uncover the simple but hard truths to every business and reveal the three (and only three) ways to grow any business. We talk about customer acquisition, order value, retention, ri…
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#764 The 5 Approaches for Getting Rich + Budgeting for Wealth
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42:22
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42:22
We speak to hundreds of entrepreneurs every year through one-on-one coaching and live events. Many of those entrepreneurs have gone on to become very wealthy, and throughout our conversations with those people, we have found some common threads to the ways that wealthy people behave. This was one of our most popular episodes of 2019 so we’re bringi…
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#763 10 ideas for businesses seeking $1 Mil in Revenue
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46:14
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In this week's conversation, Dan and Ian discuss 10 ideas that provide valuable insights and strategies for entrepreneurs looking to grow their revenue to $1 Million and beyond. From years of experience and countless coaching calls, Dan and Ian cover topics such as finding a product with a tailwind, getting out of delivery, hiring a key badass, und…
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