Nikonomics - The Economics of Small Business
Nikolas Hulewsky
Welcome to Nikonomics—the show for entrepreneurs and Wantrapreneurs, looking to make their first million.
I bring firsthand experience, having bought and sold over a dozen businesses, achieved multiple 7-figure exits, and generated over $100 million in revenue.
Each week, I blend humor with real insights from successful entrepreneurs, sharing growth strategies, deal insights, and unique business ideas you won’t find elsewhere.
Ready to turn your entrepreneurial dreams into reality? Hit play and let’s get to work.
Follow me on Twitter @CoFoundersNik or YouTube @NikonomicsPodcast.
I bring firsthand experience, having bought and sold over a dozen businesses, achieved multiple 7-figure exits, and generated over $100 million in revenue.
Each week, I blend humor with real insights from successful entrepreneurs, sharing growth strategies, deal insights, and unique business ideas you won’t find elsewhere.
Ready to turn your entrepreneurial dreams into reality? Hit play and let’s get to work.
Follow me on Twitter @CoFoundersNik or YouTube @NikonomicsPodcast.
Episodes
Mentioned books
10 snips
Dec 18, 2024 • 33min
98 - How to Start and Scale an ATM Business: From 3 to 900 Machines ($180k/Month) with Mitchell Sorkin
Mitchell Sorkin, known as "The ATM Guy," shares his incredible journey from e-commerce to running a booming ATM business with 900 machines generating $180k/month. He discusses the scalability of ATMs, detailing revenue streams through transaction fees and the negotiation of ATM routes. Mitchell highlights the ease of managing capital over people, explores operational strategies, and emphasizes the importance of location for revenue. He encourages budding entrepreneurs to embrace experimentation as a pathway to success.
4 snips
Dec 16, 2024 • 43min
97 - You DON'T Need to Be a FOUNDER to Be SUCCESSFUL (Here's Proof!) with Emily Holdman
Emily Holdman, managing director at Permanent Equity, transitioned from journalism to a leader in acquisitions, sharing her insights on intrapreneurship—thriving within a larger company. She discusses the importance of embracing a no-intention-to-sell philosophy and creatively solving problems in deal-making. Emily also dives into evaluating businesses and managing risks while emphasizing unique growth opportunities in non-founder roles. Her perspective challenges traditional views and highlights how entrepreneurial thinking can create substantial impact.
5 snips
Dec 13, 2024 • 27min
96 - Don't Miss Out On The $150 Billion Pet Industry Boom: Ideas You Can Start Today with Chris Koerner
Chris Koerner, an entrepreneur with a track record of generating over $100 million, joins to uncover the booming $150 billion pet industry. They discuss using farmers markets to test innovative products while gaining direct consumer feedback. The duo explores niche business ideas, like unique jerky flavors and pet-focused ventures. Chris shares strategies for scalable community-based businesses, as well as insights into leveraging e-commerce for niche pet products. Tune in for a mix of creativity and actionable business strategies!
Dec 11, 2024 • 37min
95 - How This Entrepreneur Built a $1.2M/Month Outsourcing Empire with Nathan Yap
Nathan Yap, founder of Support Zebra, has transformed customer service outsourcing with his $1.2M MRR business. He shares insights on scaling operations and the evolution of outsourced customer service into a collaborative model. Nathan discusses his journey from medical billing to specializing in SaaS and e-commerce. He highlights the challenges of navigating COVID-19's impact, leveraging international resources, and the evolving role of AI. His story is a deep dive into trust, culture, and the future of remote work.
Dec 9, 2024 • 41min
94 - Why This Stanford MBA Left a $16M Business for Family and Wrote a Book About His Journey with Christopher Hillier
In this engaging conversation, Christopher Hillier, a former Stanford MBA and entrepreneur who left a lucrative $16 million employee benefits business, shares his journey toward prioritizing family and personal growth. He discusses the challenges of navigating a family-run business and the insights that led him to write 'It's About Time.' Hillier reflects on balancing career ambition with family life, key lessons on building high-margin businesses, and the importance of maintaining healthy family dynamics in entrepreneurship.
Dec 6, 2024 • 43min
93 - Don’t Miss the $16 Billion Genealogy Boom: Use AI Tools with Chris Koerner
In this episode, Chris Koerner, a business partner with a rich background in healthcare, explores the booming genealogy market. He discusses using AI to capture family stories through tech innovations like chatbots and video interviews. Chris emphasizes the rising demand for genealogical services as the population ages. He also delves into biohacking, sharing insights on health tech tools like glucose monitors and their potential to create profitable business opportunities, blending personal growth with innovative tech solutions.
Dec 4, 2024 • 34min
92 - How I Built a $15k/Month Shopify Store (Selling DOG Supplements!) with Mike Myler
In this chat, Mike Myler, founder of a thriving e-commerce business focused on dog supplements for leaky gut, shares his journey from trial-and-error during the pandemic to launching a unique subscription model. He delves into challenges in the pet health market and the significance of data-driven nutrition. Mike reveals how he uses Facebook and TikTok for marketing, discusses a structured program for dog food transition, and offers valuable advice for aspiring entrepreneurs looking to navigate the complexities of online sales.
13 snips
Dec 2, 2024 • 42min
91 - 3 Rollup Mistakes That Will Cost You Millions with Steve Wiesner
In this conversation, Steve Wiesner, an entrepreneur with a 20-year background in investment banking and private equity, shares his transition to business ownership. He emphasizes the risks associated with private equity roll-ups and the necessity of smart acquisitions for growth. Steve discusses key mindset shifts required for success in entrepreneurship and highlights the importance of operational execution in managing acquisitions. His experiences shed light on navigating the complexities of business investments and the evolution of corporate finance.
Nov 29, 2024 • 39min
90 - The Easiest Way to Start a Lead Gen Business Using Facebook Groups with Chris Koerner
In this discussion, Chris Koerner, Nik's business partner who has driven over $100 million in revenue, shares innovative ideas to spark your entrepreneurial spirit. They explore the exciting concept of custom concerts, where attendees can influence the setlist by bidding on songs. Chris also reveals how AI-powered local newsletters can effectively generate leads for businesses. Plus, they delve into leveraging Facebook groups to build substantial email lists, turning social engagement into powerful marketing opportunities.
Nov 27, 2024 • 37min
89 - Quit Your Job, Buy a Business: Advice for Aspiring Entrepreneurs with Yvette Owo
Yvette Owo, founder of YOLO Accounting, shares her inspiring journey from consulting for Fortune 500 companies to launching a successful accounting firm. She discusses the challenges of acquiring and scaling businesses, and the importance of having a solid business structure. Yvette reveals how financial insights can drive entrepreneurial success and the mindset shifts necessary for growth. Her whimsical childhood stories highlight a lifelong passion for entrepreneurship, showcasing the blend of personal experiences and professional lessons that fueled her success.
