TMBA 647: The Opportunities In Bringing Technology To ‘The Real World’

A picture of the moat on the side of the old city wall in Chiang Mai, Thailand

Podcast 42:38 | Download | Spotify| Stitcher | iTunes | Comment

Lots of entrepreneurs and listeners of this show are inspired to create‘The 4-Hour Workweek’ type businesses by founding e-commerce stores, consultancies and agencies, creating money and value entirely online.

Today’s guest, Alex Pantich, has chosen a different path with the business he co-founded. Upshift provides manufacturing fulfilment industries and hospitality venues with vetted temporary W-2 hourly workers.

Alex talks to Dan about how this double-sided marketplace works, the equity share scheme Upshift offers, and why he thinks many entrepreneurs are missing out by not considering blue-collar, location-dependent opportunities:

When you're getting online and into E-commerce, you're competing with your peers. If you go into the real world, you're competing with baby boomers. Are you telling me the baby boomer who doesn't know email is going to beat you at any sort of innovative business game? They're not. I prefer going into areas where I see tonnes of opportunity and not as much competition”.

Listen to this week's show and learn:

  • Upshift's model for sharing equity 14'12"

  • How Alex saw the opportunity for creating Upshift 18'

  • Thoughts on creating 'real world' businesses 23'12

  • What Alex learnt by taking shifts himself 29'

Mentioned in the episode:

Before the Exit – Our New Book
Partner With Us
The Dynamite Circle
Dynamite Jobs
Post a Remote Job
Dynamite Deals
Tropical MBA on YouTube
Dynamite Jobs – Remote Recruiting Sales Page
Upshift
Alex Pantich
Nikola Jordanovski
Steve Anevski
Marcus and Millichap
Uber
Lyft
Top Golf
Callaway Golf
Henry Singleton
Sam Walton
Home Depot
Les Schwab

Enjoyed this podcast? Check out these:

TMBA424: Three Scripts for Entrepreneurship
TMBA499: 5 Approaches to Getting Rich
TMBA513: How To Get Rich Without Getting Lucky

Listening options:

Subscribe via iTunes.
Listen on Stitcher Radio.
Android users can grab our RSS feed here.
Right-click and "save file as" for direct download.
Or click here to get sent to the top of the page where the on-site player is.

Have comments about the show?

Do you have ideas for things you'd like Dan and Ian to discuss on future episodes?

Our producer Jane would love to hear from you at jane@tropicalmba.com or leave us a voice message using the record button below.  

Thanks for listening to our show! We'll be back next Thursday morning 8AM EST.

Cheers,

Dan & Ian

Previous
Previous

TMBA 648: What Can Entrepreneurs Learn From PE Businesses, And Vice Versa?

Next
Next

TMBA 646: Key Takeaways From Our First Event In Playa Del Carmen