Author: Nick

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

The only kind of goals that work

When you are starting a company time is of the essence. You need to learn and sell and get your service to market as fast as possible. Your opportunity cost is huge. You could be earning in the workforce or pursuing any number of opportunities. Its time to get uncomfortable. Its time to set goals. […]

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January 8, 2019 2 mins read

Simplify the job

I hear people say all the time that the key to success in entrepreneurship is finding great people. That if you can find people who care about your business like you do you will succeed. News flash. Nobody will care about your business like you do. Why would they? Stop looking for people like this […]

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January 7, 2019 2 mins read

Get comfortable in uncomfortable situations

“Life begins at the end of your comfort zone.” Neale Donald Walsch If its comfortable it probably isn’t getting you anywhere. Getting that safe job and going to that safe college and minimizing as much risk as possible is comfortable. But is that how you get ahead? Is that how you design your own lifestyle? […]

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January 6, 2019 2 mins read

Time is your most valuable asset

If you are exactly where you want to be in life then keep doing what you are doing. If you are on pace to accomplish your goals and you are happy with your life right now then this advice isn’t for you. But if you have a goal or would like to make a change […]

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January 5, 2019 2 mins read

Avoid the sunk cost fallacy

Just because you have invested time, money and energy in something does not mean you should continue. Humans are wired to consider the past when making decisions for the future. This leads us to a lot of bad decisions. This leads us to operate a business way past the point we should have pulled the […]

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January 4, 2019 1 min read

Don’t let your emotions influence your decisions

Something bad just happened. Something went wrong. A problem. Most people just react. They go with their guts. Stop and think. Stop and think about how your emotions effect your decisions. Realize that between every event and your reaction there is a split second that you get to choose how you react. You get to […]

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January 3, 2019 2 mins read

Want to get involved?

I’m on a mission to help as many people as possible get away from the rat race. The 40 hours a week for the man with a commute each way to get there. I want more people to design their own lives. I want more people to give entrepreneurship a shot in the area with […]

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January 2, 2019 1 min 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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