Author: Nick

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 […]

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May 13, 2024 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 […]

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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 […]

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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 […]

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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 […]

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3 mins read

How I doubled my profit and cut my stress in half (lesson for all business owners)

One quick promo before we jump in: Tax season is right around the corner and my final income tax bill will be $0 for one main reason – Cost Segregation Studies and bonus depreciation. DO NOT FORGET TO GET COST SEGREGATION STUDIES DONE ON YOUR REAL ESTATE. The folks at RE Cost Seg have already delivered my […]

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5 mins read

How to raise good kids when you get rich

I see a funny trend with small business. Owners will spend $60k on a new truck or $10k on a family vacation at the drop of a hat. But they are running a multi-million company with a crappy website they paid somebody $2,000 to build. They don’t understand that millions of dollars worth of business […]

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4 mins read

Some good advice for people of any age when it comes to business and your career

Quick PSA: I built a list of the 12 tools I use to grow any company. If you run a company and want to grow, check it out. — ​Bold SEO is an ace up my sleeve right now. All of my companies are using Bold for link building and our search ranking and traffic keep improving. […]

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6 mins read

How to hire an executive assistant (step by step)

A lot of people are worried about an overseas employee managing their email inbox. A ton of classified info in there. The best method: Set up a second inbox the VA manages and set up an auto forward. It sends a copy of every email yo get to the second inbox and leaves a copy […]

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5 mins read

The advice I give every 20 year old I meet (and two things every human should do to increase chances of staying live)

​Bold SEO is an ace up my sleeve right now. All of my companies are using Bold for link building and our search ranking and traffic keep improving. My property insurance company is getting several quality leads a week from Google search and we’ve owned the domain 9 months. Insane! If you’re a small business owner […]

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6 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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