Nikonomics - The Economics of Small Business

81 - How to Create a $10K/Month Side Hustle with GPT for Sheets with Chris Koerner

Nov 8, 2024

Chris Koerner, Nik's business partner with a track record of generating over $100 million in revenue, joins to discuss innovative strategies. They dive into the game-changing applications of GPT for Google Sheets for better data management. The duo also explores creative dating concepts to enhance online interactions. Among the unique entrepreneurial ideas, they assess the monetization of treasure hunting, revealing exciting possibilities for niche markets. Their playful 'marry, date, or kill' segment determines which business ideas have the most potential!

32:53

Episode guests

Chris Koerner

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Episode notes

Podcast summary created with Snipd AI

Quick takeaways

Utilizing AI tools like GPT for Sheets allows businesses to streamline data management and enhance marketing personalization efficiently.

The podcast emphasizes creative strategies in online dating, such as local events, to foster authentic connections and community engagement.

Deep dives

Harnessing AI for Data Management

A tool called GPT for Sheets is explored for its potential to enhance data management processes. By integrating AI into Google Sheets, users can clean and organize their data with minimal effort, facilitating the extraction of meaningful insights. For instance, it can standardize names from various inputs and help discern first names from email addresses, maintaining data integrity crucial for analysis. This innovative approach can improve email marketing efforts by personalizing messages, potentially increasing engagement and deliverability.

Intro

2min

Overcoming Data Collection Challenges

5min

Maximizing Data Efficiency with GPT for Sheets and Creative Business Strategies

3min

Rethinking Modern Dating: AI and Social Innovation

11min

The Impact of Social Proof on Decision Making

2min

Treasure Hunts and Monetization Strategies

9min

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨

Join me, Nik (https://x.com/CoFoundersNik), and my business partner Chris Koerner (https://x.com/mhp_guy) as we dive into another episode of HoldCo Bros! Chris and I have generated over $100 million across our companies, and every Friday, we brainstorm ideas and share exclusive insights into our businesses.

This week, we’re bringing you Part 2 of our conversation - Part 1 -> Ep. 78.
We cover some exciting topics, including GPT for Google Sheets, a creative dating idea and a unique business concept called Water Finds. Don’t miss our 'marry, date, or kill' segment, where we evaluate these ideas and decide which one we’d pursue, test, or drop. It’s a great continuation from last week, and you won’t want to miss it!

Chris's YouTube: http://tkopod.co/p-yt

Questions this Episode Answers:

How can AI tools like GPT for Google Sheets simplify your data management?
What are creative ways to foster meaningful connections in the dating world?
How can you monetize the thrill of treasure hunting?
How do Chris and Nik assess new business ideas using the 'marry, date, or kill' framework?

__________________________

Love it or hate it, I'd love your feedback.
Please fill out this brief survey with your opinion or send me an email at Nik@cofounders.com with your thoughts.
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MY NEWSLETTER: https://nikolas-newsletter-241a64.beehiiv.com/subscribe
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YouTube: https://tinyurl.com/nikonomicsYT
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This week we covered:

00:00 The Power of Personalization in Email Marketing
03:09 Leveraging AI for Data Management
06:05 Innovative Approaches to Dating and Social Proof
11:56 Facilitating Real-Life Connections
18:12 Creative Business Ideas and Monetization Strategies

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