Author: Nick

The wealthiest guy I know and how he prints money out of thin air

Last week’s podcast episode on how to fire an employee was one of the most popular episodes I’ve released. Check it out on Youtube or Spotify. If you are one of the 200+ folks who joined my newsletter recently and are looking for the risk management assessment tool, click here. It is a free section from my real estate masterclass. Lets dive […]

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May 13, 2024 7 mins read

The story of my mental breakdown on the side of the road in 2013 and how my business almost failed

I added 2,500 new subscribers last week from this post. If you came from it and you’re looking for my list of 200+ business ideas, you can find that here. A quick sponsored note before we jump in: Tax season is right around the corner – DO NOT FORGET TO GET COST SEGREGATION STUDIES DONE ON YOUR REAL […]

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18 mins read

How to delegate the right way and LEVERAGE your time

I’ve started writing a book, which I’ll publish as my first in late 2023 or early 2024. I’m writing it in real time and already have over 170 pages and 50,000 words. Also I’m writing it on a public google document which you can follow along as I write it here. What feedback do you have? […]

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9 mins read

If you’re over worked at your job, it is 100% YOUR FAULT

This blog will likely piss a lot of people off, but that is okay. Sometimes the truth hurts. But first a sponsored note: Tax season is right around the corner – DO NOT FORGET TO GET COST SEGREGATION STUDIES DONE ON YOUR REAL ESTATE. The folks at RE Cost Seg just let me know their spring schedule is filling […]

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5 mins read

My 2023 predictions – the economy, real estate and markets

Making predictions is a fools errand. The odds of being correct are low so the odds of you looking like an idiot are high. Let me preface this by saying this isn’t investment advice. In the real estate business it’s all about protecting the downside. Your job as a real estate sponsor (somebody who raises other […]

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8 mins read

The two reasons great employees get frustrated and quit

I’ve taken the time to speak with a ton of high level employees about their jobs. What they like, what they don’t like, and more importantly WHY THEY QUIT.Lets dive in: Last week’s podcast episode on how to fire an employee was one of the most popular episodes I’ve released. Check it out on Youtube or Spotify. There are two main […]

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2 mins read

A complete rundown of real estate’s #1 tax loophole

Last week Mitchell Baldridge, my CPA and tax advisor, came on my podcast to discuss real estate taxes. It was the best 1 hour overview of real estate tax that I’ve ever been a part of. You can check out the Youtube video here and the podcast episode here. We’ll break it down below: As you know, we’ve got 18 […]

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8 mins read

Entrepreneurship culture in America is all messed up and its a shame

Entrepreneurship culture in America is all messed up and it’s a shame. TechCrunch. Product Hunt. Shark Tank. It’s all about new ideas. Changing the world. Innovation. 0 to 1. Blue ocean. Venture capital and exits and scalability.And ITS ALL A LIE. If you ask the average American who a real entrepreneur is they’ll say Jobs, […]

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5 mins read

Get the big things right and the rest takes care of itself

Many quotes are floating around that go about the same way: “I’d rather regret not-doing a deal than regret doing a deal.” Or. “I’d rather miss out on 10 good deals than do one bad deal.” And this is true. There will always be another deal. It’s tempting to “just get in the game” and […]

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3 mins read

The mindset of the successful investor

Most successful investors, myself included, hold an unpopular opinion: Life is long. To live up to their full potential, every human needs to do some things that won’t pay off for 5, 10, 20, or even 100 years. And if you zoom out to 1,000 feet: Every day, I feel lucky that my great-great-grandfather (whom […]

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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 holes […]

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 […]

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 […]

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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