The buzz among successful entrepreneurs at the Underground 5 on how fun, exciting and profitable Maverick Business Adventures has been is great.

Thanks Yanik for being such a visionary, leader and allowing me to make contributions all along the way.

With gratitude, Tim

Here’s a blog I recommend you visit.  It’s Yanik Silver’s Internet Lifestyle Blog.
Assuming you don’t live under a rock, you’ve heard of Yanik.  He’s a very successful entrepreneur and that alone is enough reason t…

Cool idea. I know you and I have chatted about this. I have to run back to the family reunion, but quickly:

-I think the first logo is best and least confusing (simple and with fewest elements)
-I like “The new MBA” Exclamation points will turn a lot of people off, in my experience.

Look forward to seeing what you come up with!

Tim

“World-wide, and on your side…”
“Turn your inside out”
“Fresh air, fresh ideas”

My industry, music, has these “camps” where people can play rockstar for a weekend. They hook you up with the Rolling Stones or something and you write, rehearse, perform with them, etc. They have similar events where they take wannabe songwriters into the studio to record/write with famous people and come out with a finished product on tape.

Same for actor/TV stuff. “Be an extra on Star Trek” or something.

There are probably some other industries doing this. I’ve seen some cop, race driver, and solider type stuff over the years.

- “Education with Excitement!”
- “Friendly People. Awesome Adventures.”
- “Play for Profit”
- “Wild Experiences for the Business Thrillseeker”
- “Be Bold or Stay Home”

Hopefully they’ll give some other people some ideas for further contribution.

Good luck with the start-up.

Jack Tackett – cool idea on the TV shows!
And diving with the penguins would be awesome – Missy thinks
I’m odd but I love penguins. We might even dress Zak up as one
this year for Halloween.

Sharon – thanks for the insight on that confusion.
Since the name is “Maverick Business Adventures” I’m not
sure how I’d change the logo.

Jayson & Trevor – thanks for the tagline suggestions.
Keep them coming. I like the “More Fun! More Profits!”
Simple – yet it hits the point. I wonder if MBA would turn
off entrepreneurs. It was a cute little acroynm but might
be off the mark.

More tagline ideas needed – keep ‘em coming!

Wolf – great point about becoming our own travel agents.
For the Mindmap revision #2 (I’ll be posting soon) that’s
on there as another revenue source. Anyone who books a trip
with us we could present them an option of booking their travel.

Taylor – you’re absolutely right about a project coming into its
own at the right time. It’s almost an incubation process and some
hatch at much longer times. In fact, I was struggling with 2 big
issues that I think I have figured out (but need some refinement).

One issue was scalability. Missy definitely didn’t want me going
on every trip so that would limit me to maybe 4 or so trips/year.
Not a great business model unless we charged like $15k/pp per trip.

So with the way each person teaches something and the use of a
facilitator it doesn’t require me. Plus, there was the issue of
recurring revenue. As seen in the Mindmap – the discounts I’ve gotten
so far have been only 10% off trips for booking a whole group. That’s
a pretty slim margin and wouldn’t get me excited to work hard on this
project. But adding an annual fee (and providing a great value) makes
the economics more appealing.

I’ll be posting the next steps I’ve taken coming up…

First, don’t punish yourself for kicking around your MBA idea since 2005, sometimes these things have to mature and it seems like this is just the right time for you.

Onward… Kudos on your mind map! It’s one of the best I’ve seen since coming across one that diagrammed a good salesletter.

Actually, your mind map identifies in black & white many considerations I’ve had (in my head) for a series of workshops I’m planning in different continents. A picture truly is worth a thousands words… a map like yours makes it so much easier to get stakeholders on board. Mind mapping is a must have business process, for sure.

Re: the company name, I’ll add my $.02 too. Maverick Business Adventures could also mean business adventures of a maverick nature. Understandably, you you like the MBA acronym, but why not spell it out more clearly as BAM–”Business Adventures (for) Mavericks”?

Another question, where you indicate working with tour/adventure operators, when you say “receive commission” do you mean:

1) MBA gets 10% for your marketing and coordinating, or
2) you give operators 10%?

Again, great work, and thanks for getting InternetLifestyle online.

Cheers

-Taylor