“Manager mode is so tempting…” Dan & Ian discuss Paul Graham’s most recent essay titled “Founder Mode”, and how lifestyle bootsrappers can harness the power of founder mode to grow their businesses. 
They’ll also address a question they get asked all the time: “But when is my LTV good enough?” How to figure out your LTV to CAC ratio and more in this week’s episode.
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This week’s episode brought to you by <a href="https://remotefirstrecruiting.com/" rel="nofollow">Remote First Recruiting</a>. Hire your next team member in 30 days or less. 
From the episode: 
Paul Graham’s <a href="https://paulgraham.com/foundermode.html" rel="nofollow">Founder Mode</a>. 
‘Old Man River’ reference from <a href="https://tropicalmba.com/episodes/5-approaches-getting-wealth" rel="nofollow">The 5 Approaches for Getting Rich + Budgeting for Wealth</a>
Connect with us: 
Dan: <a href="https://twitter.com/TropicalMBA" rel="nofollow">@TropicalMBA</a> or <a href="mailto:dan@tropicalmba.com" rel="nofollow">dan@tropicalmba.com</a> 
Ian: <a href="https://twitter.com/AnythingIan" rel="nofollow">@AnythingIa</a>n or <a href="mailto:ian@tropicalmba.com" rel="nofollow">ian@tropicalmba.com</a>
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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, Mike Michalowicz, Greg Crabtree, Jordan Gal
Additional episodes you might enjoy:
<a href="https://tropicalmba.com/episodes/30k-a-month-2-years" rel="nofollow">$30K a Month on Upwork in Less Than 2 Years</a>
<a href="https://tropicalmba.com/episodes/lifestyle-vs-real-business" rel="nofollow">“Lifestyle Business” vs “Real Business”</a>
<a href="https://tropicalmba.com/episodes/three-ways-grow-business" rel="nofollow">Only 3 Ways to Grow…What Would Plato Do</a>

Dan Andrews

#772 “When is my LTV good enough?” + Founder Mode for Bootstrappers

“Manager mode is so tempting…” Dan & Ian discuss Paul Graham’s most recent essay titled “Founder Mode”, and how lifestyle bootsrappers can harness the power of founder mode to grow their businesses. They’ll also address a question they get asked all the time: “But when is my LTV good enough?” How to figure out your [&hellip;]