Tropical MBA 230: Entrepreneurial Mindset Fundamentals

tropicalMBA  Episode 230 is a replay episode of Tropical MBA Podcast hosted by Dan Andrews and Ian Schoen.

The episode moved as Dan and Ian talked about 9 Tough Truths In Business that entrepreneurs may need to re-think and internalize in order to reach success.


In this episode, you’ll learn:boracay

  • Dan’s first trip to Boracay Philippines
  • When Tropical MBA Podcast was only starting


9 Tough Truths in Business Mindsets

1. You’ll be poor for a thousand days.
empty pockets

2. People would try to tear you down.

3. Be mentally obsessed with your business.
-          You have to be obsessed pushing your ideas.

4. Losers compare and lament; Winners rip and iterate!
-          How do you compare yourself to other people? Is it constructive for you?

5. The first dip is the hardest dip.digging sign
-          Develop something discrete and “shippable.”


6. Your friends and family will resent you.
-          There’s a time when people don’t want to hear much about your product.
-          Nobody cares until it becomes important for them. angry family

7. Big wins build from smaller victories.

victory sillouete

8. There is nothing that you need to do for your business.
–   Your business must be the extension of your desires.
–   You need to be true to yourself and what you really want to do.

9.  Nobody cares if you succeed or lose.
–    You are the only person that can make your business happen.



“At the end of the day, you are 100 percent responsible for your success and failures.”


Additional Tips:

  • Get in the line!
  • Have a focused clear vision of your goal.



Leave a Reply