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Category: Show notes

Successful people aren’t busy (episode 41)

Successful business owners are assumed to be busy. They hear “I know you are very very busy” all the time. Successful people aren’t busy. It’s great that people respect their time but successful people are not busy. They just say no a lot. They prioritize what they spend their time doing. They don’t do things […]

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April 5, 2019 11 mins read

Small business content marketing (episode 37)

Show notes from podcast episode 37. What is content marketing? The practice of creating articles and videos designed to be helpful and of genuine interest to your target customer without explicitly promoting your services or products. This is a case in point example of my favorite business principle of all time – adding value first. You […]

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April 2, 2019 10 mins read

The dangers of relying on a third party platform to drive revenue (episode 39)

It’s dangerous to depend on someone else’s platform to market and sell to your customers. We’ll start with a few stories. Facebook first. In his awesome talk on content marketing, Joe Pulizzi told a fascinating story about Starbucks and their Facebook following. They spent 10 years spending big money each year, I’m guessing 10s of millions […]

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March 29, 2019 9 mins read

How to keep going when business isn’t fun anymore (episode 36)

Show notes from podcast episode 36. I recently read The Dip by Seth Godin. A short book (about 75 pages) that took me just a few hours to read. I took some notes and did some thinking and writing. Let’s talk about how it relates to entrepreneurship. Everything in life has a dip. At first […]

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March 28, 2019 10 mins read

Focus on value – not money (episode 38)

Show notes from podcast episode 38. I talk a lot about doing the important but not urgent work it takes to be successful as a business owner. I believe it takes a certain mindset to know what the hardest work is or even exists and needs attention. That’s the type of work that separates the […]

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March 27, 2019 11 mins read
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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 […]

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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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