Category: Show notes

The “idea fallacy” and finding your pink ocean (ep 52)

Show notes from Podcast Episode 52. I’m sure you’ve heard of the “blue ocean strategy”. It was coined by W. Chan Kim in his book of the same name and expanded in the more recent book “blue ocean shift”. The concept makes a lot of sense on the surface. A red ocean is an overcrowded […]

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May 21, 2019 6 mins read

THE HIRING SERIES – Part 4 – Dealing with questions and nurturing your talent from within (Ep 51)

SHOW NOTES FROM PODCAST EPISODE 51 You will get a lot of questions from your employees in the early days. You have two choices each time this happens: Solve the problem yourself and move on. This is the easy way and what most managers do. Ask the employee how they would solve the problem and to hear their thought […]

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May 16, 2019 9 mins read

THE HIRING SERIES – Part 3 – What to look for in your employees and why experience isn’t that important (ep 50)

SHOW NOTES FROM PODCAST EPISODE 50. These are the skills that are immensely valuable and very hard to teach. They’re the intangibles. Communication – do they speak clearly and look you in the eye when they talk? Do they get their point across in an efficient, succinct and logical way? Miscommunications cost big money so this is […]

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May 14, 2019 15 mins read

THE HIRING SERIES – Part 2 – Finding the ideal employee and convincing them to work for you (ep 49)

Show notes from episode 49. Many industries have the luxury of having an abundance of talent applying for every position. Marketing agencies, big banks, private equity firms and the like. In the service sector we don’t have that luxury. There is a major shortage of people out there willing to do manual labor for $15 […]

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May 8, 2019 10 mins read

THE HIRING SERIES – Part 1 – 5 things you need to do before you make your first hire (Ep 48)

Show notes from episode 48. First a little bit of background on me and my experience with this stuff. We have hired 13 different full time employees and 1000+ part time employees over the past 9 years since we started. We are a pickup and delivery storage company. We aren’t a tech company. We aren’t scientists. […]

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May 6, 2019 16 mins read

How to build a “frankenbusiness” by copying the best practices from the big players in your space (Ep 46)

Show notes from podcast episode 46. The great thing about entering an existing market is that the moving parts are already out there ready for us to study. The customers are there. The competitors are one click and one phone call away. There are three factors in business on which we can choose to compete. […]

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April 29, 2019 8 mins read

How 142 hours of guerrilla marketing earned a moving company in Phoenix $30k a month in recurring revenue

Show notes from Episode 44. A lesson in the power of getting face to face with people in this interview with entrepreneur Max Maher. He owns a company in Phoenix called Skinny Wimp Moving. Hes 23 years old and brings in over a million a year in sales with a 30% profit margin. He did […]

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April 26, 2019 2 mins read

The ways early success can set you up for future failure

Show notes from Sweaty Startup podcast episode 43. Your ego begins to cloud your judgement Ego is a touchy balancing act. Early on the ego is what leads to success. It’s what suppresses the fear of failure and the anxiety that goes along with a new business. It’s what allows someone to be comfortable doing […]

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April 16, 2019 6 mins read

How to overcome analysis paralysis (episode 42)

Show notes from The Sweaty Startup podcast episode 42. Analysis paralysis is the act of over-analyzing and over-researching a potential business venture to the point of taking no action at all for long periods of time. Ready… Aim. Aim. Aim. Aim. Aim. Never firing a shot. I would say this (along with the fear of failure) […]

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April 12, 2019 7 mins read

Overcoming anxiety and the fear of failure (episode 30)

We all know that feeling of failure. That feeling of inadequacy. The feeling of rejection. The feeling of embarrassment. The anxiety that comes along with entrepreneurship and generally anything that is worth doing in life. Mine was a basketball game in southern Indiana. Basketball is intense in southern indiana. I was a sophomore and I […]

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April 9, 2019 13 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 […]

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 […]

Essential Tools

Notes from Podcast Episode 4. These are the essential tools you can use to start your business cheaply and have all the tools you need to operate right off the bat. Step 1: Generate your idea Consider using this guide as a resource. You can also take a look at this list of businesses I […]

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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