Articles

How is it realistic for me to offer a high skilled service?

How would you start a service business where you have to have specialized knowledge? A business like yours anyone who can drive can start. But let’s say a business like HVAC or appliance repair, traditionally people that have a lot of experience working in that area eventually decide to go solo and start a company. […]

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January 21, 2019 3 mins read

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 […]

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January 17, 2019 8 mins read

Think like an entrepreneur at work

Who is your boss? Who manages your branch? Who oversees your region? Who owns the small business you work for? Who is the most valuable person at your company or in your circle? If you could chose to be complimented by one person at your office who would it be? Think about that person. You […]

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January 16, 2019 5 mins read

The housing cartels

Housing is so expensive in America’s top 10 cities that only the wealthy can afford to buy a home or even rent an apartment. What factor is at play that everyone is missing? I feel very strongly about this one and I have a bit of a unique opinion. Housing is astronomically expensive because there […]

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January 15, 2019 2 mins read

People do business with people they like

Its easy to forget that doing business is very much an emotional decision. People are way more likely to buy something from somebody or hire someone who they get a good feeling from. Don’t be a robot. Personalize your website. Personalize your emails. Make people read the “about us” section of your website and begin […]

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January 14, 2019 1 min read

Evening routine

Evenings are tough because they are not as predictable as mornings. You have social events, work emergencies, date nights etc. I manage a predictable evening most days and here is my routine: First I make a to do list for tomorrow. Everything I need to do organized from most important to least important. This clears […]

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January 13, 2019 3 mins read

The power smoothie

This smoothie has evolved over time and has turned into my daily mid morning snack or lunch replacement. Very healthy and easy. Ingredients in order: .5-1 cup frozen blueberries (I buy in 3 lb bags from Aldi) 1-2 cups kale (chopped kale keeps longer than spinach) Water to about 3/4 full BLEND 1 scoop pea […]

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January 12, 2019 2 mins read

The Pro Forma

A pro forma financial projection model is your best friend. Use Excel or Google Sheets to build out your models and do a lot of research on your industry standards and fill in blanks with actual expenses and revenue estimates per customer. Costs will vary at different customer levels so make educated (and research based) […]

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January 11, 2019 2 mins read

The upper body ripper

This is a workout I developed while in college and have found it to be an excellent way to quickly and efficiently build upper body definition and muscle. Make sure to accompany this workout with cardio on the other days of the week. No long breaks. No catching your breath. You go through each workout […]

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January 10, 2019 2 mins read

Expensive cities have the best opportunities

Expensive cities with high cost of living have amazing opportunities for service based entrepreneurs. NYC, DC, Boston, all of Cali, all of Canada, all of Europe. Anywhere where hourly labor is in low supply. Here is why: First of all there is a huge demand for services in expensive cities because people and companies are […]

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January 9, 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

Notes from Podcast Episode 4. These are the essential tools you can use to start your business cheaply and have all the tools you need to operate right off the bat. Step 1: Generate your idea Consider using this guide as a resource. You can also take a look at this list of businesses I […]

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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