The Nick Huber Show Ep 142: The Moment That Changed My Life in Business Forever
Apr 30, 2024
The podcast discusses the moment that changed the speaker's business career, exploring strategic negotiations for equity ownership, reflections on business growth, and insights on executive recruitment and financial milestones.
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Hiring Moment That Sparked Growth
- Nick Huber hired three Filipino employees after an intro from Marshall Haas and scaled his hiring rapidly to 200+ employees across LatAm and the Philippines.
- That hiring moment triggered Nick's pivot into building and promoting multiple businesses and partnerships.
Turn Affiliate Wins Into Equity
- Promote partners you believe in and negotiate revenue share when your audience drives customers.
- Convert affiliate income into equity when you can to capture long-term upside instead of one-off payments.
Buying Into Support Shepherd
- Nick negotiated a deal to buy a minority stake and became a 15% shareholder in Support Shepherd after telling Marshall he'd start a competitor otherwise.
- That modest equity stake later proved valuable but Nick reflects he should have bought more.