HoldCo Bros are back! Nik and I talk about three topics today. First, an update on our perfume vending machine business, now called Side Vending, as we expand to new vending machine concepts. It’s been a wild journey, and we’ve got some crazy stories to share.
Then, we break down the recent shutdown of a company called The Pro’s Closet and discuss how you can monetize other companies’ email lists - 300,000 email addresses that are going to waste! Finally, we talk about Negotiations as a Service, or as I like to put it, “Only eat when you eat.”
Stay tuned for Part 2 next week, where we’ll talk about GPT for Google Sheet and all the many ways you can use AI inside Excel or Google Sheets, a creative dating idea, and a business called Water Finds that we think you’ll find interesting. Be sure to share, like, and subscribe!
Learn more about Nik here: http://linktr.ee/cofoundersnik
Timestamps below. Enjoy!
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00:00 Introduction and Today's Agenda
00:34 Perfume Vending Machine Business Update
04:08 The Pro's Closet Shutdown
09:38 Opportunities in Email Monetization
12:25 Buying a Business Out of Bankruptcy
13:00 Owning Commercial Real Estate and Restaurants
14:12 Introduction to Pharmacy Benefit Managers
14:53 Mark Cuban's Cost Plus Drugs
18:35 Business Opportunity in Pharmacy Negotiations
22:24 How to Get Your First Customer
25:03 Marry, Date, or Kill: Evaluating Business Ideas
27:06 Upcoming Topics and Conclusion
