Category: Uncategorized

Profit and Loss – Lawn Care and Weed Control with The Lawn Squad

How much money does a lawn care company make? This full time owner with a part time employee generated over $100,000 in revenue and $70,000 in profit working 54 hours per week for 32 weeks over the summer. AND he graduated from a top 15 business school in the middle of his busiest month. Impressive! […]

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December 2, 2019 9 mins read

The race to $15MM in self storage under management

I haven’t been as active on here lately. As some of you know Dan and I are doing big things right now. We’re closing on the big self storage facility refinance in about 2 weeks and will be pulling out about $2.1MM in equity in the form of cash. We were considering selling the property after we got a nice offer […]

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October 17, 2019 4 mins read

Nick’s longtime friend and mentor Ryan Ramsey talks business and real estate

Ryan grew up near Louisville Kentucky and comes from a long line of entrepreneurs. His father and grandfather are amazing entrepreneurs and still to this day employ Nick’s father. Ryan started a business about a year ago buying and turning over distressed real estate. They specialize in properties with hairy legal issues like back taxes, […]

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September 11, 2019 1 min read

The Sweaty Startup Podcast surpassed 100,000 downloads today!

Going on 9 months without missing an episode and scheduled the 87th episode for release. Growing steadily. Thank you for following along! Here are my statistics between the podcast, website, email newsletter, YouTube and reddit. I made the decision to ignore Facebook, Twitter and Instagram and I that has been a good one. — I […]

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August 21, 2019 3 mins read

Naval’s tweetstorm and principles, challenged

If you don’t know who Naval is then apply this to any tech founder from silicon valley you know and worship and read about. I listened to Naval on Joe Rogan during my travels this week. I’d be interested in hearing your thoughts on this stuff. His tweetstorm and the JRE podcast. I’m a fan of Naval. I […]

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August 18, 2019 5 mins read

A glimpse at the intensity and dedication it takes to build a successful business – working 10 hours a day for 50 days straight

Max Maher released another video of a challenge where he worked 10 hours a day for 50 days straight. For reference Max is 23 years old and runs Skinny Wimp moving company in Phoenix AZ. I interviewedhim to discuss the founding of the business along with his 500 business connections experiment where he drummed up $30k a […]

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May 8, 2019 8 mins read

Starbucks spent millions getting facebook followers and now they have to pay to reach them

Starbucks spent 10 years spending big money each year, I’m guessing 10s of millions of dollars, getting followers on Facebook. The plan was simple. The goal was to get followers and then reach them organically and drive value over time. Right now they have 36 million followers on Facebook. Well it turns out Facebook likes making […]

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May 1, 2019 2 mins read

24 months of work and $100k down the drain – the ups and downs of entrepreneurship

Show notes from podcast episode 45. I rarely dive into my my own business here but I have a story and a lesson worth sharing. I’m always learning and failing and getting back up and pressing onward. I got some bad news this week. A self storage development project that I had been working on […]

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April 24, 2019 12 mins read

The 5 year plan.

5 years is plenty of time to design the life you wan’t. You don’t need to work 45 years just to retire to then finally get to design your schedule and do what you want to do. Five years from now, if you have the best 5 years of your life from today forward, what […]

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March 31, 2019 2 mins read

Home painting startup guide

Doing this while you have a full time job is the perfect way to start. More on that here. Step 1: Do a quick and dirty market study – start searching and calling competitors. Use trends.google.com to find out which company in your town is the largest (most search volume) and study them. Are they doing digital marketing? Are they putting […]

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March 26, 2019 8 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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