The Startup Ideas Podcast Personal Holding Companies: Build vs. Buy?
Aug 17, 2023
Nick Huber, co-founder of six companies in just nine months, shares his insights on personal holding companies and rapid growth strategies. He breaks down the pros and cons of buying existing companies versus building new ventures, emphasizing sustainable business models. Nick also shares his tips for managing multiple projects without mental overload and discusses the power of social media as a network accelerant. With his experience, he highlights the significance of effective email marketing tools in enhancing engagement.
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Deck Tweet Controversy
- Nick's tweet about a tiny deck built on a rental property went viral, sparking outrage and amusement.
- The tweet, meant as a joke about landlord practices, reached 20 million people, illustrating the power and unpredictability of social media.
Algorithmic Games on Twitter
- Controversial tweets can act as a network accelerant, boosting engagement and visibility.
- While some may block you, it can also filter out those who don't align with your humor or perspective.
Boring Businesses
- Focus on "boring," non-scalable businesses where you have a competitive advantage.
- Leverage distribution, delegation, and team-building skills to achieve significant growth, even without venture capital.