Author: Nick

How to earn more money at work and how to find employees for your small business

Quick sponsorship before I give you some homework: I switched my property and casualty insurance to Titan Risk. They are my new insurance brokers who helped me save $80k annually on the insurance premiums across my portfolio of 63 self storage facilites. I highly recommend setting up a call with Titan if you own real estate. They do everything from […]

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May 13, 2024 5 mins read

What is your definition of wealth and what games are you playing?

Professional academics have tried studying business to develop the strategies and principles for entrepreneurial success. They have tried hard to look at cause and effect based on personality type. They have tried figuring out if a founding team needs to consist of two people or three. They’ve tried to figure out how success is tied […]

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7 mins read

What all of the rich people I know have in common…

I’ve met thousands of successful entrepreneurs in my life. People flying around on private jets. People with vacation homes in the most expensive zip codes in America and overseas. People who play golf, spend time with friends and family, and generally do whatever they want whenever they want. These people are not famous. They do […]

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5 mins read

How to be a good father, husband and leader

No matter how good you are at what you do, you will receive more criticism than praise in your life. The haters will line up to pull you down to make themselves feel better. If you can’t handle it, you’re toast. You will convince yourself they are right, your insecurities will take over and you’ll […]

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4 mins read

The #1 skill to master if you want to get rich

Sales is the key to life. Every single interaction with another human that could possibly move your life forward is a sales interaction. Buying something important? You’re selling yourself there too. Want people to follow you on Twitter? You are selling yourself and your ideas. Literally everything in life that could potentially move you forward […]

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4 mins read

A common lie in the real estate business (and the key to sales)

My least favorite saying in real estate: “If you aren’t a buyer at these prices then you should be a seller.”It simply isn’t true.Transacting real estate is extremely expensive and time consuming. You can’t just trade in and out of it at the click of a button like a public equity.The people you have to […]

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4 mins read

How to handle (or avoid being) a crappy boss and three free online workshops

If you’re pissed off with a co-workers performance or the management style of a boss you have two options: 1) blab around the office and complain about it. 2) go to your boss and discuss it. #1 wont change anything and will likely get you fired. #2 probably won’t change anything but at least you’ll […]

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5 mins read

The time to buy real estate is right around the corner

Two sponsored things before we dive in: #1: I’m hosting a free webinar on SEO and getting your business found on Google. I’ll spend an hour with my friends Barrett O’Neill and Simon Purdon and we’ll teach you everything we know about ranking your business on Google. ​Signup here (people who signup will get the recording). And #2: I […]

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6 mins read

Don’t read this (it will make a lot of people angry)

What I’m about to say will upset a lot of people. If this offends you, I’m sorry. But here goes: 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 […]

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5 mins read

How real estate investors make millions and pay almost nothing in taxes

PSA: I made a list of the best accounts on Twitter to follow. See it here.​ We’re going deep in the weeds in this email – if you take the time to study this stuff, I guarantee you’ll learn something! Many of the wealthiest people in our country earn millions of dollars per year and pay […]

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11 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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