Category: Uncategorized

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

15 (not so common) principles of entrepreneurial success

1. Add value first Gain trust by providing something of value first without expectation. This gets you very far with customers and personal relationships. Don’t squeeze your customers for every penny, especially early. Too many people are tight lipped with helpful advice. Share it. Gain trust and thus loyalty and profit later. 2. 80 percent of your […]

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March 23, 2019 5 mins read

Its never a double blind test

Wine sommeliers often can’t tell the difference between a $20 bottle and a $2,000 bottle in a double blind test. The food at the $20/person restaurant and the food at the $200/person restaurant. The beer at the top rated brewery or the guy brewing in his basement. In a double blind test – who has […]

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March 19, 2019 2 mins read

Ego is the Enemy

Ego is good early on. The confidence. The drive for status and image. It gets us far. It gives us the courage to disregard the anxiety and fear of failure. The lizard brain that tells us to run for cover when things get scary. We all agree that you don’t need to be a superhuman […]

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March 14, 2019 3 mins read

The Lawn Squad Case Study

Back in 2012, when I was unsure of the success of my storage venture, I casted a few other nets. One of them was a Lawn Care google place and wordpress website with a few pages. As you know I had mowed a few lawns in high school so I got a few of those […]

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March 9, 2019 2 mins read
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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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