Author Archives: will

Brent Beshore and the 50 Year Private Equity Plan

TMBA383: Brent Beshore and the 50 Year Private Equity Plan

Date: 2017-04-06

Link: Tropical MBA


Tropical MBAA Monte Carlo simulation is a great way to assess risk.

There are three sides to equity. One is control.

Treat people really, really well.

Do things the right way.

Do not get involved in companies that are filled with challenging people or challenging situations.

Give people grace when they screw up.

Look for signals that there is something sustainable (when looking at a company). Is there a moat there?

As a seller you need to understand who is buying the business.

Running a business is like being in a pressure cooker.

Synergies are talked about a lot but very rarely realized.

A Conversation with Cal Newport

TMBA381: A Conversation with Cal Newport

Date: 2017-03-23

Link: Tropical MBA


Tropical MBAInspiration is for amateurs.

Creative production at the professional level is crafting.

The more intense (the hours are) the more you will get out of them.

It takes a lot of self reflection to think about how we want to move forward and use new technologies. We often don’t get it right the first time around.

We are getting the role of communication wrong in the workplace.

We should be more suspicious of the major social media companies.

True productivity is ultimately what matters.

The advice, “follow your passion”, fails because it presumes that people have pre-existing passions that they can identify as a foundation for making career choices.

Most young people…don’t have much information about the jobs out there…and what is possible.

What makes you love your work is very different from what makes you love a hobby.

Professional success is hard but it is not complicated.

Work will expand to fill whatever space you give it.

Who Is Tracking You?

TMBA380: Who Is Tracking You?

Date: 2017-03-16

Link: Tropical MBA


The best ideas come from scratching your own itch.

You have to be very careful installing Chrome extensions.

Getting users and getting traction is really challenging.

Just because you built something doesn’t mean you can run it.

A Conversation With Jordan Harbinger

TMBA379: A Conversation With Jordan Harbinger

Date: 2017-03-09

Link: Tropical MBA


Tropical MBADon’t think of your clients as numbers on a spreadsheet. Help people and build a brand.

The customer comes first. The best product to sell to your customers is your product (rather than an affiliate deal).

You should only broadcast if it is a labor of love and you don’t care if anybody is listening.

Podcasting is your voice and your brand.

(With podcasting) you’re creating a job for yourself.

People that make money talk about creating art and people that create art talk about making money.

Word of mouth is still one of the best, and only, ways to hear about other (podcasts).

How Does Your Business Feel?

TMBA377: How Does Your Business Feel?

Date: 2017-02-23

Link: Tropical MBA


The way to make the most sales is to sale as hard as you can but that isn’t true over the long term.

If you build an audience that trusts you you can always find a way to monetize it down the line.

Try to grow in a sustainable way.

You don’t have to look at every customer as a number and an opportunity to make money.

Should You Base Yourself in Eastern Europe?

TMBA376: Should You Base Yourself in Eastern Europe?

Date: 2017-02-16

Link: Tropical MBA


You have to continue to evolve.

(In Georgia) the people are friendly in an Eastern European way. You need to get to know them a bit before they become extremely hospitable and very friendly.

For a lot of Western countries, including America, you can stay for 90 days out of 180.

In Budapest it is relatively easy to get a residency permit. It is a visa that allows you to stay for an extended period of time.

Lawyers aren’t all bad. They can offer you strategic guidance.

How 100s Of Young Entrepreneurs are Making Generational Wealth in Less Than 5 Years

TMBA375: How 100s Of Young Entrepreneurs are Making Generational Wealth in Less Than 5 Years

Date: 2017-02-09

Link: Tropical MBA


The Amazon ecosystem is creating many, many wealth entrepreneurs.

These site rely on being first in Google.

If you are going to manipulate your links you want it to look as natural as possible to Google.

A lot of discussion happens in a handful of Facebook groups around the Amazon affiliate model.

Finding the smaller, low-competition keywords is becoming more difficult.

Deconstruct who is in the top ten (of Google results) and look at the authority of those websites. See what links those sites have got to work out if you can actually compete with that.

Are You An Entrepreneurial Person?

TMBA374: Are You An Entrepreneurial Person?

Date: 2017-02-02

Link: Tropical MBA


Tropical MBAYou need to find your own path forward.

Understand what your vision is and go out and achieve it.

It is so much harder to start when you are older.

(Your passion) has to be something that you have a real energy for without an outside influence.

You have to figure out a way to follow your passion while solving problems for other people.

An important part of your passion is figuring out how you can fit into the world.

Hang out with people (doing what you want to do). The dream might not be what you think it is.