Author: Nick

How I started my first company, how to delegate, real estate deal breakdown

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 cost segs […]

Read More ...
May 13, 2024 7 mins read

The power of big businesses (and why you shouldn’t stay small forever)

Don’t take this email the wrong way. I love a small businesses with less than 10 employees. They are nimble. They can move quickly. They can adjust. They can do things that don’t scale and they can grow. And they are exceptional opportunities for aspiring entrepreneurs. But big businesses (50+ employees) have a massive advantage […]

Read More ...
4 mins read

How I grew an agency to $165,000 per month of revenue in 8 months

This email is an open-book look at an agency I’m building, what we’re struggling with, our profit margin and more. I hope you can take something away from this to grow your own company!​Bold SEO is 8 months old as of last week.We now have 85 customers, 11 employees and $165,000 of monthly recurring revenue.It has […]

Read More ...
5 mins read

How to grow your business the old fashioned way

You hear a lot of people talking about SCALING a business. Growing a company from $1 million profit to $10 million profit. That is scale. But if you think about this too early, you’ll miss out on a lot of ways to grow your business that DON’T SCALE. As a matter of fact, some of […]

Read More ...
4 mins read

The 21 keys to success (According to Nick)

NOW LETS DIVE IN: What successful people understood before they were successful: Mentorship isn’t about finding a great mentor. It’s about becoming a person great mentors WANT to help. Hiring isn’t about finding good people. It’s about becoming a person good people want to work for and building a business that can thrive without unicorns. […]

Read More ...
3 mins read

The best business decision I’ve ever made and how to get treated better by EVERYONE

Folks ask me quite often what the best business decision I ever made was. Here is my answer: Hiring my first overseas employee. In 2021 I engaged a company called Support Shepherd to recruit a Philippines based employee for my storage company. Today 80% of the employees across my 11 companies are located in either the Philippines […]

Read More ...
5 mins read

Why I don’t believe you can learn entrepreneurship from a book (or this newsletter)

The hardest thing about entrepreneurship, real estate, or anything else worth doing: You have to be able to look at incomplete information… Or a complicated problem without a clear-cut solution… And make a good decision on which way to proceed. There is nobody who can take you by the hand and lead you through a […]

Read More ...
5 mins read

How to grow a valuable following on Twitter (step by step guide)

If you’re in a sales position (like all of entrepreneurship) make sure to listen to this podcast episode where I discuss HOW TO SELL effectively with my friend Jerimiah Lancaster. We give our exact playbook on how to close more deals. Enjoy! — Tax season (for me) is here and my final income tax bill will be $0 for […]

Read More ...
5 mins read

6 totally normal people who got rich doing boring things for a long tim

I’ve hired 30 employees outside of the USA with the help of Shepherd and it has been an absolute game changer for my business. Underwriters in Colombia for $1,500 per month full time. Customer service reps with perfect english in the Philippines for $1,100 per month. Executive assistants for my construction team for $1,000 per month.If you haven’t […]

Read More ...
5 mins read

The key to a great life, the value of being hard-to-offend, and the perfect real estate deal size

I have a podcast on small business and entrepreneurship. In this episode I discussed how my dad raised me to become an entrepreneur with a few key decisions. Enjoy! — I recently switched to AdRhino to run my pay-per-click Google ads at my self storage company. The results have been VERY GOOD. AdRhino drove higher quality traffic at 48% […]

Read More ...
5 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 […]

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.