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
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.
7 snips
Nov 25, 2024 • 48min
88 - From 0 to $30M: Lessons from a Foundry Roll-Up Strategy with Reg Zeller
Reg Zeller, an entrepreneur with a knack for transforming legacy manufacturing businesses, shares his journey from corporate life to owning multiple aluminum foundries. He dives into the unique challenges of scaling operations and upgrading systems within traditional industries. Discover how acquisition entrepreneurship opens new pathways for growth, and learn about the sustainability practices in the foundry sector. Zeller’s insights on resilience, decision-making, and maintaining mental well-being provide a fresh perspective for aspiring entrepreneurs.
Nov 22, 2024 • 27min
87 - This Handyman Makes $1.2M/Yr: Here’s How You Can Copy His Model Anywhere with Chris Koerner
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!
Nov 20, 2024 • 41min
86 - AI: Threat or Opportunity? How This $9 Million Marketing Agency is Embracing the Future with Brandon Doyle
Brandon Doyle, founder of Walleroo Media and Arvo Digital, discusses his journey in building two successful digital marketing agencies, generating $9 million in revenue. He reveals the ups and downs of agency management, focusing on the necessity of core competencies for growth. The conversation dives into the transformative role of AI in marketing and how to sustain long-term relationships while navigating business complexities. Brandon shares valuable lessons on delegation, operational efficiency, and the importance of focus in entrepreneurship.
Nov 18, 2024 • 35min
85 - TOP PICK! How to Build an 80% Margin, $3M Online Trade School on 2 Hours/Day, with Hector Resendez
Hector Resendez, the founder of an online trade school leveraging VR technology, discusses his innovative approach to vocational education. He reveals how his school provides immersive training in trades like HVAC and plumbing, using federal grants to finance student education. Hector shares insights on scaling his business to over $200,000 monthly with high profit margins and tackles the impact of WIOA grants on funding opportunities. He emphasizes the importance of aligning courses with job market demands to effectively address the skills gap in the trades.
Nov 15, 2024 • 34min
84 - BEST Way to Make Money with Reddit In 2024 with Chris Koerner
Chris Koerner, Nik's business partner and a titan in business growth with over $100 million in revenue, shares invaluable insights. They delve into the intricacies of leveraging Reddit as a powerful business tool, discussing creative strategies for subreddit growth and engagement. Koerner emphasizes the use of automation tools and the 'business-in-a-box' concept for aspiring entrepreneurs to kickstart their ventures efficiently. This conversation is packed with practical advice and innovative ideas for anyone looking to enhance their entrepreneurial journey.
