In today’s episode Boring Businesses, I’m joined by Khai Nguyen, Founder of Powers Gymnastics, the largest multi-vertical acquisition firm in U.S. youth sports, and investor in several companies like OpenSea, Kraken Digital Asset Exchange, and Ignite Tournaments.

Khai shares insights from his journey from working on Wall Street to buying and operating 20+ businesses, his approach to building rapport with business owners, and how he built an empire of gymnastics studios across the United States. 

Timestamps:

00:00 Khai’s journey from homeless to business owner
05:29 Going into Wall Street
08:25 Transitioning to entrepreneurship
10:30 How to build rapport with business owners
15:50 What worked and what didn’t work for Khai
20:31 How Khai came up with the idea for Powers Gymnastics
26:10 Scaling the gymnastics business
33:50 Launching the Ninja Warrior program
37:00 Biggest lessons from growing a business 

👉 Connect with Sieva

Website: www.sievakozinsky.com
X: twitter.com/SievaKozinsky
LinkedIn: www.linkedin.com/in/skozinsky/
Substack: www.thebusinessacademy.substack.com/ 


👉 Connect with Khai

Instagram: www.instagram.com/passportkhai/
LinkedIn: https://www.linkedin.com/in/nguyenkhai/