- Serial Entrepreneur
- $50,000 Dynamite Circle estimated monthly revenue
- Published August 11, 2020 by Niall Doherty
How does the Dan make money online?
Over the years, Dan has made money online in numerous ways, usually in collaboration with his business partner Ian Schoen.
As of this writing, Dan’s main businesses seem to be:
- The Tropical MBA
A website and podcast for location independent entrepreneurs. Mainly monetized with ads on the podcast. (Full list of best business podcasts.)
- Dynamite Jobs
A job board for remote jobs. The site mainly makes money by charging employers to post a job opening. See our review of Dynamite Jobs.
- Dynamite Deals
An online marketplace of discounted products and services for entrepreneurs. The site makes money by taking a commission on sales.
- Dynamite Circle
A paid membership and private community for established entrepreneurs. Members must own a business that does at least $60k annual revenue.
The goal of our Online Money Maker profiles is to show you all the different ways people make money online. We strive to ensure that each profile is realistic – no hype, no scams – so you can see what it really takes to build each type of business.
If you'd like to hear when we publish new profiles, subscribe to our free weekly newsletter below. Each edition is packed with tips, insights and opportunities to build your online business. We send it out every Friday to 9,981 legendary subscribers.
How much money does Dan make?
The only one of Dan’s current businesses I’ve found numbers for is The Dynamite Circle.
Cal Newport wrote in July 2019 that the DC had around 1200 members.
Members pay either a quarterly ($147) or annual ($499) membership fee, in exchange for:
(As you can see, there are both online and offline elements to the DC.)
1200 members paying $499 per year adds up to about $600,000 annual revenue, or approximately $50,000 monthly revenue.
The DC info page says they have a full-time staff on hand, so between that and the cost of hosting multiple events each year I suspect their expenses are quite high.
Our goal at eBiz Facts is to give you accurate information about online business so you can gain clearer insights, make better decisions, and achieve your own success.
With that in mind, we strive to ensure the accuracy and transparency of the income claims and estimates that you see on this website.
- We treat all income claims we find online with skepticism.
- We don’t report incomes that seem especially controversial or unrealistic.
- We cite our sources and/or share our calculations so you can see where the numbers come from.
- If there are uncertainties about an income claim or estimate, we tell you what those are.
If you see an income claim or estimate that seems off, please tell us so we can fix it.
How did Dan get started?
Per Dan’s LinkedIn, he graduated from Clemson University in 2004 with a BA in Philosophy.
From his bio on LinkedIn:
Dan Andrews started the Tropical MBA blog as a job advertisement for a paid intern to join him as he traveled the world building his business with his business partner, Ian Schoen.
Looks like e-commerce was where Dan had his first big success online, starting in 2007.
The e-commerce business was cat furniture and it generated more than $1 million in 2011 alone, according to a blog post by Dan in December that year.
A 2013 interview with Dan noted that he was then running another store that sold portable bars.
Judging by this video from June 2011, Dan and Ian launched the Dynamite Circle around that time:
It surely helped that they already had an audience of entrepreneurs paying attention to their blog and podcast when they launched the DC.
What type of online business does Dan have?
Dan runs several online businesses.
According to our framework they can be broken down like this:
- Authority (Level 4)
The TMBA podcast seems to be quite popular and Dan has a significant following on social media.
- Digital Product (Level 4)
Dan wrote a book that’s for sale on Amazon.
- Physical Products (Level 5)
Dan’s old cat furniture and portable bar e-commerce businesses.
- Marketplace (Level 5)
Both Dynamite Jobs and Dynamite Deals are primarily marketplace businesses.
- Social Network (Level 5)
The Dynamite Circle is a private community for established entrepreneurs.
Follow the links above for more info and examples for each type of business.
Other ways to make money online
There are many other ways to make money online, to work from home or anywhere in the world.