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Ian Schoen of Tropical MBA

April 21, 2013

Ian Schoen, together with Dan, started the Lifestyle Business Podcast in late 2009 as an outlet to share their experiences with other entrepreneurs. In 2007 they began building a product development and e-commerce business that currently employs 16 people worldwide and does 7-figures in annual sales.

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Resource Mentioned:

  • Your Big Idea: Successful Entrepreneurs have One Big Idea. Follow JLD’s FREE training & you’ll discover Your Big Idea in less than an hour!

Sponsors

  • LegalZoom: Enter code FIRE at checkout for killer savings! LegalZoom: Online legal document preparation services.
  • Ting: Partnership link for an instant $25 savings! Ting: A mobile phone service that brings clarity, usability, & significant monthly savings to you!

Success Quote

  • “I look to the future because that’s where I’m going to spend the rest of my life.” – George Burns.

Business Failure

  • Ian received $30,000 worth of furniture, and every piece had a major defect. Instead of chalking it up as a total loss, Ian shipped the product out, received a ton of incredible feedback (some very negative), and used that to improve on round two!

Entrepreneurial AHA Moment

  • Ian’s AHA moment was that debt was the only true handcuff, not lack of money. With this AHA moment, he quit his corporate job and left for Southeast Asia and the world of Entrepreneurship.

Current Business

  • Ian and Dan have created quite the company to model after, and have attracted incredible Entrepreneurs to their flag. Their future is bright, and I can’t wait to monitor the trajectory.

Small Business Resource

  • Buffer: Makes it super easy to share any page you’re reading. Keep your Buffer topped up and we automagically share posts for you through the day.

Best Business Book

  • Maverick by Ricardo Semler.

Interview Links

  • The Lifestyle Business Podcast (Sorry! This link was active when this episode was first published in 2013. This resource is no longer available.)

Mentions

  • Dan Andrews
  • Seth Godin
  • Chris Brogan
  • Eric Ries

Killer Resources!

1) The Common Path to Uncommon Success: JLD’s 1st traditionally published book! Over 3000 interviews with the world’s most successful Entrepreneurs compiled into a 17-step roadmap to financial freedom and fulfillment!

2) Free Podcast Course: Learn from JLD how to create and launch your podcast!

3) Podcasters’ Paradise: The #1 podcasting community in the world!

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