The Personal Finance Podcast How to Get Rich Doing Boring Things With Nick Huber
May 7, 2025
Nick Huber, author of "The Sweaty Startup", chats about building wealth through unglamorous ventures. He highlights the surprising profitability of boring industries like fire protection services. Resilience in sales and the art of delegation are key to entrepreneurial success. Huber suggests optimizing local talent and hiring internationally to cut costs. He also discusses the balance between cash flow and equity, emphasizing the importance of clear financial goals in entrepreneurship. Get ready for a fresh take on wealth-building!
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Boring Business Wins in College
- Nick Huber started a moving and storage company while others pitched tech startups in college.
- His business, though boring, succeeded where flashy ideas often failed because of practical execution.
Build Wealth by Trading Time
- Start by trading time for money at a decent hourly rate as a simple way to build income.
- Gradually delegate admin and delivery tasks to scale and free yourself over five years.
Play Easy To Win Business Games
- Find business opportunities with the weakest competition but good money potential locally.
- Treat time like poker chips; invest in ventures with the best odds of winning, not the hardest to climb.
