Category: Show notes

Why you should update your voicemail greeting right now

Show notes from podcast episode 80. Your voicemail recording, especially if you’re busy and can’t answer the phone all the time, is your greatest weapon. It’s the first time a potential customer or client hears your voice and as well all know first impressions are incredibly powerful. So why do we invest about 30 seconds […]

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August 20, 2019 1 min read

How to start a business right now with no money – the framework

Show notes from podcast episode 79. 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 […]

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August 14, 2019 8 mins read

A supportive significant other is your greatest asset – a conversation with Nick’s wife Michelle (Ep 78)

Show notes from podcast episode 78. Having support on the home front is critical. In this episode of the podcast Nick talks with his wife Michelle about the struggles along the way and how they were able to overcome the unique lifestyle that is entrepreneurship. A few key takeaways: #1 – Communication Being on the […]

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August 12, 2019 2 mins read

How to balance your business with a growing family (ep 77)

Show notes from Podcast episode 77. Its not easy. There will be sleepless nights. Its definitely a sacrifice. Kids are tough. I’m no expert. Take this with a grain of salt and get a lot of advice on this. Going without sleep makes you delusional and emotional and it kills your critical thinking and decision […]

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6 mins read

How to start a mobile appliance repair business – mentoring session (ep 76)

Luke is currently a 32 year old salaried employee from a national beverage dispenser repair company in the St. Paul/ Minneapolis area of Minnesota. In his current position as a “machine technician,” he has gained an invaluable skill set that will provide economic opportunity for the rest of his life. He also owns two rental […]

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August 7, 2019 3 mins read

The three keys to hiring great employees and scaling your business (ep 74)

Show notes for podcast episode 74. Hiring good employees is hard. Most service businesses grow to the workload capabilities of their owners and then stall. How do you break through that barrier? #1 Charge more for your service Provide a great service on a quick timeline and you can justify charging a premium. Then you […]

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August 1, 2019 2 mins read

Look up from your computer screen (ep 70)

Show notes from episode 70 of the podcast. If people would just get out from behind their computer and look around them they would have no problem finding opportunities galore. I started my business hauling boxes up and down skinny stairwells during finals week. Sweating my butt off. I worked hard physically for a year […]

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July 22, 2019 3 mins read

The three wealthiest people I know and what I’ve learned from their stories (ep 67)

Show notes from podcast episode 67. The first one started out by opening a single pizza restaurant with two friends in a small town in Ohio. 4 years later he sold 30 pizza restaurants. Then he built and sold the next business and the next one after that. Now he is a wealth manager and makes […]

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July 10, 2019 3 mins read

Should I take over a family business? What steps should I take before jumping in? (ep 66)

Show notes from Podcast Episode 66. Hey Nick it John from Vancouver. What are your thoughts on taking over a family business? I think if you analyze it right and take the right steps its an amazing opportunity to own a business that is years ahead of one you might otherwise start. You can also likely […]

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July 8, 2019 12 mins read

How to launch and build a videography business – applicable to any B2B service and most home services (ep 64)

Show notes from Podcast Episode 65. “Hey Nick this is Andy from Louisville KY and I’m a wedding videographer. I’m looking to expand into the corporate market making videos for small businesses, real estate developments and similar things. How can I break into this market?” Get lots of advice from people in the industry but I’ll […]

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July 3, 2019 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 […]

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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