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Tropical MBA: Entrepreneurship & Founder Lifestyle

#729 What is the Michael Jordan of Business Models?

23 Nov 2023

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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. Dan & Ian’s Stuff: The Newsletter (https://tropicalmba.com/subscribe) “The DC” (https://dynamitecircle.com/join-dc/) DC Black (https://dynamitecircle.com/dc-black) Global events (https://dynamitecircle.com/events) Hire remote talent (https://remotefirstrecruiting.com/) Find a remote job (https://dynamitejobs.com/) Listen on YouTube (https://www.youtube.com/@OfficialTropicalMBA) Follow on Instagram (https://www.instagram.com/tropicalmba/) @TropicalMBA (https://twitter.com/TropicalMBA) @AnythingIan (https://twitter.com/AnythingIan) Show notes (00:00:45) Intro (00:03:11) What do you think of our vacation policy? (00:05:01) The GOAT business model with extremely high margins (00:09:08) The businesses doing this amazingly well (00:32:11) Why now is the best time to implement this strategy (00:42:00) Two books you should read over the holiday Links: Our PTO policy (https://docs.google.com/document/d/1wfydwLC8qF4aeyAKebLKUo7l_sV_eP8nikQNj3HHr3k/edit?usp=sharing) Traction (https://www.amazon.com/Traction-Gino-Wickman-audiobook/dp/B00A9Z973M/ref=sr_1_1?hvadid=241617657767&hvdev=c&hvlocphy=9028277&hvnetw=g&hvqmt=e&hvrand=6782292471515285360&hvtargid=kwd-132659762660&hydadcr=22531_10353738&keywords=traction+eos&qid=1700623157&sr=8-1) Scaling Up (https://www.amazon.com/Scaling-Up-Verne-Harnish-audiobook/dp/B00PMCI89Q/ref=sr_1_1?crid=CQMFJKFKZE1A&keywords=scaling+up&qid=1700623168&s=audible&sprefix=scaling+up%2Caudible%2C100&sr=1-1) Rachel Rogers (https://helloseven.co/) IFS (https://ifs-institute.com/) Superintelligence by Nick Bostrom (https://www.amazon.com/Superintelligence-Nick-Bostrom-audiobook/dp/B00LPMFE9Y/ref=sr_1_1?hvadid=241886445826&hvdev=c&hvlocphy=9028277&hvnetw=g&hvqmt=e&hvrand=15790631008120846026&hvtargid=kwd-310248068568&hydadcr=16434_10305513&keywords=superintelligence+by+nick+bostrom&qid=1700623231&sr=8-1) The Ride of a Lifetime - Robert Iger (https://www.amazon.com/The-Ride-of-Lifetime-Robert-Iger-audiobook/dp/B07QW2LHN4/ref=sr_1_1?crid=37HUZQKE4YSOZ&keywords=The+Ride+of+a+Lifetime+-+Robert+Iger&qid=1700623272&s=audible&sprefix=the+ride+of+a+lifetime+-+robert+iger%2Caudible%2C134&sr=1-1) Past guests on TMBA include Cal Newport, David Heinemeier Hannson, Seth Godin, Ricardo Semler, Noah Kagan, Rob Walling, Jay Clouse, Einar Vollset, Sam Dogan, Gino Wickam, James Clear, Jodie Cook, Mark Webster, Steph Smith, Taylor Pearson, Tommy Griffith, Justin Tan, Matt Gartland, Travis Jamison, Ayman Al-Abdullah, Tynan, Lucy Bella Simkins, Brian Balfour, Nick Huber, Dana Lindahl, Anthony Fasano, Adam Palmeter Additional episodes you might enjoy: Mailbag: Hang-ups, Power-ups, and Cheat Codes for Entrepreneurs (https://tropicalmba.com/episodes/hang-ups-power-ups-cheat-codes) The Freedom Line, 7+ Figure Founders, and Extended DCBKK Recap (https://tropicalmba.com/episodes/dcbkk-recap-2023) How to Build an AI Startup with Jodie Cook (https://tropicalmba.com/episodes/build-ai-startup)

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