Author: Nick

Why working harder doesn’t mean making more money (and how to make more money)

A quick sponsorship note before we dive in: I’ve began building links for my companies with Bold SEO and it has been an absolute game changer. Most small businesses can rank high on Google with a well structured website and 1 thing: Backlinks. No links -> no domain authority -> no ranking. Want to increase your domain authority […]

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May 13, 2024 4 mins read

How to get promoted (and how to create excellent place to work)

A quick sponsorship before we dive in: I got the annual premium on my 63 self storage facilities reduced from $380k to $280k AND got better insurance. I switched to Titan Risk as my property insurance brokerage. Set up a call if you own commercial real estate and your renewal is approaching! I’m an investor in the […]

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5 mins read

How my temper almost set me back millions of dollars

Tax season (for me) is here 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 this year and the depreciation is mouth […]

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4 mins read

The 3 things you need to start a mega-successful company

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 […]

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4 mins read

How to charge customers more money and have them thank you (all the way to the bank)

Is it time to sell your business? I launched a business brokerage. We now have 1,300+ buyers on our distribution list. When we get a listing we’ll do a breakdown of the business to my 190,000 newsletter subscribers, and several tweets promoting the listing (I get 50 million impressions a month on Twitter). Want to sell […]

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4 mins read

How to turn into a cold blooded, money making machine.

A quick sponsorship before we dive in: One of the most common questions I get: Who run’s your pay-per-click ads on Google? Well I have big news… I partnered with the best performance marketer I know and have spent the last 3 months building an agency that is now ready to take on more clients. […]

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4 mins read

How I plan to build a $1 billion empire (and how I built a $25 million net worth)

A reminder of who I am: I’m 34 years old. I started a moving and storage company out of college which we sold in 2020 for 7 figures. In 2017 we built our first storage facility for $2.9 million. It’s worth north of $10 million today and we’ve refinanced a few times. It has put life […]

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13 mins read

How to delegate, traits of a successful entrepreneur, and other tips to make you a more effective leader

Is it time to sell your business? I launched a business brokerage. We now have 1,200+ buyers on our distribution list. When we get a listing we’ll do a podcast episode with the owner, a breakdown of the business to my 170,000 newsletter subscribers, and several tweets promoting the listing (I get 50 million impressions a […]

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4 mins read

How to lead your company the right way

Tax season (for me) is here 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 this year and the depreciation is mouth […]

Read More ...
7 mins read

How my friend made $50 million in a sweaty startup

A quick sponsorship before we dive in: I got the annual premium on my 63 self storage facilities reduced from $380k to $280k AND got better insurance. I switched to Titan Risk as my property insurance brokerage. Give them a call if you own commercial real estate and your renewal is approaching! — Something people don’t realize […]

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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 […]

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