Month: August 2019

How to balance your business with a growing family (ep 77)

Show notes from Podcast episode 77. Its not easy. There will be sleepless nights. Its definitely a sacrifice. Kids are tough. I’m no expert. Take this with a grain of salt and get a lot of advice on this. Going without sleep makes you delusional and emotional and it kills your critical thinking and decision […]

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August 12, 2019 6 mins read

How to start a mobile appliance repair business – mentoring session (ep 76)

Luke is currently a 32 year old salaried employee from a national beverage dispenser repair company in the St. Paul/ Minneapolis area of Minnesota. In his current position as a “machine technician,” he has gained an invaluable skill set that will provide economic opportunity for the rest of his life. He also owns two rental […]

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August 7, 2019 3 mins read

The three keys to hiring great employees and scaling your business (ep 74)

Show notes for podcast episode 74. Hiring good employees is hard. Most service businesses grow to the workload capabilities of their owners and then stall. How do you break through that barrier? #1 Charge more for your service Provide a great service on a quick timeline and you can justify charging a premium. Then you […]

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August 1, 2019 2 mins read
Top Articles

Businesses I Love

These are all businesses and markets that I love. The competition is weak. The market is growing. The costs and risks are low. The odds are good. You can analyze the market and make accurate decisions on where there is opportunity to thrive. You can win. Start small. Start low skilled and low risk if […]

Idea Generation 101

This is an analytical approach to identifying and exploring new business opportunities. This is designed around service based businesses but the concepts can be applied to any business. In order to compete you need to have a competitive advantage in one of three areas: speed, price or quality. The goal here is to look for […]

179: How profitable is a self storage facility?

In today’s episode, Nick talks about a self-storage facility that he and his partner bought in July of 2019. He goes over the numbers of buying it, operating it, and income from units being rented out, as well as expenses. His goal is to show you just how profitable a self-storage facility is. This property […]

Essential Tools

There is a proven playbook to grow companies. What tools to use, agencies to hire, strategies to employ. I’ve launched 9 companies in my life – two of which are fairly large with 40 + employees and hundreds of thousands in monthly revenue. People ask me all the time for vendor recommendations. Who builds my […]

Businesses I Hate

Prefer a more positive outlook? Check out the businesses I love. I don’t like businesses that have a lot of passionate people involved. Businesses that are fun and are a lot of people’s hobbies. Passionate people think with their hearts instead of analyzing the markets. Passionate people make poor decisions. Passionate people start companies because […]

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