Author: Nick

I just spent $400K on a domain name. Here’s why:

We spent $400K to buy Somewhere.com Here’s why: Big news: I recently acquired controlling interest in Somewhere.com and raised $20 million to make it happen. We have changed the name of the company from Support Shepherd to Somewhere. I now own a web domain that was more expensive than the house I am living in. It turns out […]

Read More ...
May 21, 2024 5 mins read

Why “new idea” entrepreneurship is a lie (and a dead end)

Why “new idea” entrepreneurship is a lie “New idea” entrepreneurship has infected the minds of the current generation of entrepreneurs. Everybody thinks they need a revolutionary idea or a get-rich-quick-scheme to find success. Something that’s never been tried before. Something that will change the world if it works and will turn the founder into a […]

Read More ...
May 14, 2024 4 mins read

The best advice I ever received (and the #1 skill in life)

I sat down with a mentor in Ithaca NY when I was a junior in college. I had just started Storage Squad. He had gotten wealthy off a sweaty startup. Foundation repair. And sold the company for 8 figures in 2007 before coming on as an entrepreneurship professor at Cornell is 2010. A great guy […]

Read More ...
May 13, 2024 5 mins read

I had a mental breakdown on the side of the road in 2013.

Entrepreneurship is undoubtedly the best way (and arguably the only way) to get wealthy. If you want to make a ton of money, trading your time for money won’t get you there. You can’t “save” your way to private jet money. But the truth is that it isn’t meant for everyone. This is something I’ve […]

Read More ...
20 mins read

The 20 tools you should use TODAY to grow your business (a step by step guide)

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 […]

Read More ...
9 mins read

30 hour a week, remote job, 150k per year AND NOT HAPPY

I did a call last week with a 33 year old guy who makes $150k a year at a fully remote job. The situation: 30-40 hrs a week of work. Fully remote. Stay home wife + 2 kids. Low cost of living area in Georgia. Owns a home and nearly paid off. Not happy (and […]

Read More ...
6 mins read

How to make great decisions while angry, sad, greedy or fearful

Emotions, Risk and Business Lets talk about emotions, risk and business. They mix like oil and water. Emotions like greed, fear, anger and sadness cloud our decision making and form a trap when it comes to business and decision making. We’re making decisions all day, every day. How much do I pay this employee? How […]

Read More ...
4 mins read

How to spot opportunity (a mindset shift)

One quick promo before we jump in: People think Support Shepherd is only for hiring virtual assistants from the Philippines. That couldn’t be further from the truth.I have web developers, engineers, customer service reps, project managers, sales reps, operations managers and more from all over the world (Latin America, South Africa, Philippines) – all hired through Support Shepherd.The […]

Read More ...
6 mins read

Why you should never “follow your passion” when it comes to entrepreneurship

One quick promo before we jump in: I’ve been utilizing a company called RecruitJet to help me build my management teams at my companies. Sales leaders, operations managers, engineers and more. If your company is growing and you need help recruiting the right people. Reach out to Brian at RecruitJet. — Worst advice in entrepreneurship: Follow your passion. I […]

Read More ...
3 mins read

How to buy a house in a hot market (and how an immigrant came to America 18 months ago and makes $20k a month)

One quick promo before we jump in: ​Bold SEO is an ace up my sleeve right now. All of my companies are using Bold for link building and our search ranking on Google and organic traffic keep improving. My property insurance company is getting several quality leads a week from Google search and we’ve owned the […]

Read More ...
3 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 […]

Get notified of new courses

The most popular way to connect with us is through our weekly newsletter. We deliver great business advice and ideas in a short, concise manner. No spam. No BS... just actionable content to help you grow your business.

No Catch, No Gimmicks, Cancel Anytime.