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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[...]
General
#131 - How wealthy do you want to get? +2020 plans with the Sweaty Startup
Show notes from Episode #131 of the . With the redesign of the website and the branding, Nick has been thinking a lot lately about his mission for Sweaty Startup. Some of the feedback he received on mockups were that people wanted to see mops, hammers, and sweat in the logos. As Nick thought about his goals and[...]
Podcast Episode Recaps
11: #11 Managing stress and thriving under pressure
Stress is part of entrepreneurship. The unexpected hits you and problems arise around every bend. Managing that isn't easy but there are some steps you can take to thrive under difficult situations. This episode is based around the concepts in the...
Podcast Episode Recaps
THE HIRING SERIES - Part 3 - What to look for in your employees and why experience isn't that important (ep 50)
SHOW NOTES FROM PODCAST EPISODE 50 . These are the skills that are immensely valuable and very hard to teach. They're the intangibles. Communication - do they speak clearly and look you in the eye when they talk? Do they get their point across in an efficient, succinct and logical way? Miscommunications cost big[...]
Podcast Episode Recaps
How to delegate, traits of a successful entrepreneur, and other tips to make you a more effective leader
Is it time to sell your business? I launched a business brokerage . We now have 1,200+ 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 170,000 newsletter subscribers, and several tweets promoting the listing (I get 50 million[...]
General
#159 - Why lead generation is a HORRIBLE business model
Show notes from Episode #159 of the . We constantly talk on this show about the gap in supply and demand of services. Whether it be lawn care, plumbers, cleaning services, or other popular industries, there’s a constant issue in people that are willing to pay for a service needing to jump through hoops to get the[...]
Podcast Episode Recaps
Ep 111: Terminology You Need to Know
Nick discusses raising good kids and how hard it can be when striving to earn generational wealth, how to protect the downside in real estate, and how to think about advice you get through the lens of the person giving you the advice Follow my...
Podcast Episode Recaps
48: #48 THE HIRING SERIES - Part 1 - 5 things you need to do before you hire your first employee
Hiring is complicated and very stressful. Trusting your brand in the hands of an employee can be tough. Do these 5 things and you'll be better off when the time comes to hire an employee.
Podcast Episode Recaps
Ep 106: How Twitter Supercharged My Life As An Entrepreneur
Nick discusses raising good kids and how hard it can be when striving to earn generational wealth, how to protect the downside in real estate, and how to think about advice you get through the lens of the person giving you the advice Follow my...
Podcast Episode Recaps
What makes a business a well oiled machine?
A quick sponsored note before we jump in: Tax season is here - DO NOT FORGET TO GET COST SEGREGATION STUDIES DONE ON YOUR REAL ESTATE. The folks at just let me know their spring schedule is filling up and they're considering raising their prices. They've already delivered my cost segs this year and the[...]
General
2021 has been a hell of a year... UPDATE
Our self storage portfolio is growing fast. Stats on December 31st 2019 (2 years ago): 7 properties 97,049 square feet of storage $4,510,000 purchase price $4,732,000 all-in cost basis Annual NOI: $452,000 Employees: 1 (me) At that time we had 1 full time employee in the self storage business. Me. I was answering[...]
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Why you should build a franken business
Before we jump in: Are you running a business? I am hosting four live workshops next week on Monday, August 5th . How to get found on Google with Barrett O'Neill How to grow via paid ads with Anil Yasyerli Real estate taxes 101 with Mitchell Baldridge How to hire and delegate with Sieva Kozinksy [...]
General