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TMBA457: Why Does Everyone Talk About Revenue and Not Profit?

TMBA457: Why Does Everyone Talk About Revenue and Not Profit?

FromTropical MBA: Entrepreneurship & Founder Lifestyle


TMBA457: Why Does Everyone Talk About Revenue and Not Profit?

FromTropical MBA: Entrepreneurship & Founder Lifestyle

ratings:
Length:
36 minutes
Released:
Sep 6, 2018
Format:
Podcast episode

Description

http://www.tropicalmba.com/tomsawyer/ A few weeks ago, Dan and Ian published an episode of this podcast about The Peter Principle, which is the idea that everyone will more or less rise to the level of their own incompetence.
Today, we are talking about a different principle. This one comes from a great 19th century book, The Adventures of Tom Sawyer by Mark Twain.
This episode begins with an excerpt from the book, where Tom is forced to paint a fence and convinces others to help him, eventually tricking them into painting the fence themselves.
On today's show, we're sharing our thoughts on how entrepreneurs can use this same philosophy to lead a great team without working in their business day-to-day.
We'll also be talking about the progress we've made with our new business venture - Dynamite Jobs, and why many entrepreneurs spend so much time focusing on top-line revenue rather than profits.
Released:
Sep 6, 2018
Format:
Podcast episode

Titles in the series (100)

The Tropical MBA Podcast aims to show you the inside story of the people who are building "micro-multinational" businesses while they travel the world. We are interested in entrepreneurship, travel, internationalization, and personal freedom. Join 1,000's of listeners from all around the world, every Thursday morning.