Category: Uncategorized

How to lead your company the right way

Tax season (for me) is here and my final income tax bill will be $0 for one main reason – Cost Segregation Studies and bonus depreciation. DO NOT FORGET TO GET COST SEGREGATION STUDIES DONE ON YOUR REAL ESTATE. The folks at RE Cost Seg have already delivered my cost segs this year and the depreciation is mouth […]

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May 13, 2024 7 mins read

How my friend made $50 million in a sweaty startup

A quick sponsorship before we dive in: I got the annual premium on my 63 self storage facilities reduced from $380k to $280k AND got better insurance. I switched to Titan Risk as my property insurance brokerage. Give them a call if you own commercial real estate and your renewal is approaching! — Something people don’t realize […]

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5 mins read

My best tips to be happier and get richer

A quick sponsorship before we dive in: One of the most common questions I get: Who run’s your pay-per-click ads on Google? Well I have big news.. I partnered with the best performance marketer I know and have spent the last 3 months building an agency that is now ready to take on more clients. […]

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5 mins read

Why suffering is the most valuable skill of them all

I recorded this video recently. I tell a story of my anxiety attack on the side of the road in Boston in 2013. It’s very applicable to what I’m about to tell you in the rest of this write-up. — I’ve hired 30 employees outside of the USA with the help of Shepherd and it has been an absolute game […]

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5 mins read

How to spot bad advice and how to build a killer network

People will invest millions in a physical, high traffic location for their small business. Why don’t folks invest in a high quality website that CONVERTS visitors into customers? The folks at WebRun Labs built this amazing investor landing page for my real estate firm and I’m VERY impressed by their work. If you need a website overhaul, new website or […]

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5 mins read

If you work 70 hours a week, it is your fault

I’ve began building links for my companies with Bold SEO and it has been an absolute game changer. Most small businesses can rank high on Google with a well structured website and 1 thing: Backlinks. No links -> no domain authority -> no ranking. Want to increase your domain authority and rank higher on Google? Start by setting up […]

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8 mins read

The true stress and hardship of entrepreneurship

Is it time to sell your business? I launched a business brokerage. We now have 800+ buyers on our distribution list. When we get a listing we’ll do a podcast episode with the owner, a breakdown of the business to my 140,000 newsletter subscribers, and several tweets promoting the listing (I get 50 million impressions a […]

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6 mins read

Why I want to become a billionaire

Last week I shared my net worth to the public and told everyone that I would like to become a Billionaire someday. Note: I know this isn’t likely to happen. I would need to 40x my net worth in the next 16 years. If it doesn’t happen I’ll be fine but I set it as a big […]

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7 mins read

How long does it take to get rich?

A quick ad before we jump in: —​I partnered with the best recruiter I know to launch a US based recruiting company. We go out and find the best people for your position, vet and sell them on your company, convince them to leave their current position, and serve them up to you on a […]

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5 mins read

My net worth and personal goals

A quick ad before we jump in: — I’m an investor in a new web development firm called WebRun. They built this amazing investor landing page for my real estate firm and I’m VERY impressed by their work. If you need a website overhaul, new website or landing page – schedule a call with Will or Max at WebRun to get a […]

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10 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 holes […]

Essential Tools

There is a proven playbook to grow companies. What tools to use, agencies to hire, strategies to employ. I’ve launched 9 companies in my life – two of which are fairly large with 40 + employees and hundreds of thousands in monthly revenue. People ask me all the time for vendor recommendations. Who builds my […]

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 […]

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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