Nikonomics - The Economics of Small Business 87 - This Handyman Makes $1.2M/Yr: Here’s How You Can Copy His Model Anywhere with Chris Koerner
Nov 22, 2024
In this engaging installment, Chris Koerner, a savvy business strategist and co-host, dives into innovative business ideas. They discuss the lucrative handyman model pulling in $1.2 million annually and how entrepreneurs can replicate this strategy. The conversation covers the power of website monitoring tools like Distill.io and the concept of a tax Sherpa to minimize tax burdens. The duo also playfully evaluates various creative business concepts, determining which to embrace or discard. Tune in for actionable insights and fresh ideas!
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RV Demand Research
- Nik researched RV demand on RVShare by comparing availability across different RV classes.
- He discovered Class C RVs were rented most, despite similar listing numbers and prices.
Track Competitor Changes
- Track competitor website changes, especially on sales pages, using tools like Distill.io.
- Analyze patterns in their changes to improve your own conversion rates.
Car Dealerships: A Lucrative Market
- Car dealerships have substantial marketing budgets and are willing to spend on tools.
- This makes them an ideal target market for services offering a competitive edge.