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Millionaire University

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Aug 30, 2024 • 53min

162. What Kind of Entrepreneur Are You? 5 frameworks for Optimizing Your Approach to Business With Nik Hulewsky

Did you know that there are different types of entrepreneurs? In this episode, Brien Gearin is joined by Nik Hulewsky, co-founder of CoFounders and host of the Nikonomics podcast. Together, they explore the essential question: "What kind of entrepreneur are you?" Nik shares his journey from a risk-averse start to multiple seven-figure business exits, offering a deep dive into the five key frameworks that every aspiring entrepreneur should consider — risk profile, personality type, experience, skills, and capital. Whether you're just starting out or looking to refine your approach to business, this episode is packed with actionable insights to help you align your entrepreneurial ambitions with your personal strengths. Tune in for a lively discussion that could transform your entire business journey!What we discuss with Nik:+ Knowing your risk tolerance and personality+ Assessing your personal and family risk tolerance+ Determining if you're an introvert or extrovert+ Leveraging exact or analogous experience+ Aligning hard and soft skills with business needs+ Ensuring sufficient financial cushion+ Preparing for initial, post-acquisition performance dip+ Learning and improving from past failures+ Partnering with those who complement your strengths+ Dreaming big, but planning carefullyThank you, Nik!Check out CoFounders at CoFounders.com.Listen to the Nikonomics podcast.Connect with Nik on Twitter or at nik@cofounders.com.Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And follow us on:InstagramFacebookTik TokYoutubeTwitterTo get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 28, 2024 • 48min

161. How a Simple Solution for Bedding Led to Multi-Million Dollar Business Success With Betsy Mikesell

What if solving just one basic problem was the key to a multi-million dollar business? Well, for Betsy Mikesell, it was! In this episode, host Kirsten Tyrrel interviews Betsy on her incredible journey as co-founder of Beddy's and how she transformed an everyday frustration around making her kids' bunk beds into a thriving company. Betsy shares her story of how a simple idea grew into a successful product, overcoming challenges, and scaling her business from a hobby to a household name. Whether you're an aspiring entrepreneur or just love a good success story, this episode is packed with insights on turning problems into opportunities. Tune in to hear how you can do the same!What we discuss with Betsy:+ The journey to founding Beddy's+ Confidence and persistence in entrepreneurship+ Overcoming funding and manufacturing challenges+ Early success with influencer marketing+ Expanding product line based on customer feedback+ Scaling challenges and reinvestment strategies+ Stepping back from the business+ Impact on family life and children's involvement+ Importance of gratitude and positivity in businessThank you, Betsy!Check out Beddy's at Beddys.com.Connect with Betsy on Instagram!Follow Beddy's on Instagram!Watch the video podcast of this episode!Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And follow us on:InstagramFacebookTik TokYoutubeTwitterTo get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 26, 2024 • 56min

160. How to Start a $30K per Month Video Production Company (Without Making Any Videos) With Ryan Atkinson

Ryan Atkinson was no expert when it came to video, but that didn't stop him from building a six-figure video production company! In this episode, host Justin Williams interviews Ryan on his journey as a 25-year-old entrepreneur and founder of Spacebar Visuals — the business he scaled to $30,000 per month in just 18 months. Ryan shares his straightforward approach to business, from identifying market needs to implementing a successful cold email outreach strategy that any entrepreneur can replicate. He also discusses his passion for entrepreneurship, the lessons learned from hosting the UpFlip Podcast, and offers actionable advice for those looking to start their own ventures. Want to build your own video production company with no video background whatsoever? Tune in to this episode that teaches you exactly how it's done!What we discuss with Ryan:+ Building a $30k per month video production company+ Effective cold email outreach strategy+ Affordable, high-quality video packages for startups+ Reverse-engineering metrics for predictable revenue+ Transitioning from HubSpot to entrepreneurship+ Leveraging LinkedIn and cold calling for client acquisition+ Hiring a BDR to scale sales efforts+ Insights from hosting the UpFlip Podcast+ Taking action and overcoming business fears+ Balancing work, life, and preventing burnoutResources mentioned:Instantly - a cold email automation tool that helps businesses scale their outreach efforts while protecting their main domain.LinkedIn Helper - an automation tool that streamlines LinkedIn outreach, enabling businesses to efficiently connect with potential clients through personalized messaging campaigns.Thank you, Ryan!Check out Spacebar Visuals at SpacebarVisuals.com and UpFlip at UpFlip.com.Connect with Ryan on LinkedIn or at ryan@spacebarvisuals.com!Watch the video podcast of this episode!Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And follow us on:InstagramFacebookTik TokYoutubeTwitterTo get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 23, 2024 • 1h 10min

159. Balancing Love, Business, and Family with Tara and Justin Williams

You've heard Justin and Tara talk about their journey as entrepreneurs, but have you heard about how they struggled to stay married while owning a business and having 3 kids along the way? Running a business together can test any marriage, but Justin and Tara have found ways to thrive. They share the secrets behind their strong partnership, both in life and in business, and how they’ve achieved their financial goals without compromising their relationship. So join us in this engaging episode, where Brian Ondrako interviews Justin and Tara about their journey from college dropouts to successful entrepreneurs. They delve deep into the importance of taking control of your life, the trials and triumphs of building a business, and maintaining a strong marriage amidst challenges. They also share valuable advice on parenting and nurturing the entrepreneurial spirit in their children.What We Discuss with Justin and Tara:+ The Catalyst Moment: When Dropping Out Became the Best Decision+ Building the Business Dream: Choosing your type of 'hard' in life, knowing that doing hard things often brings long-term financial benefits.+ Financial Struggles and the Art of Risk-Taking: Battling Tara's fear of losing money and Justin's tolerance for high-risk ideas+ Parenting Insights: Raising the Next Generation of Entrepreneurs+ Marriage and Business Partnership: Strength in Unity - The significance of open communication, emotional intelligence, and supporting each other's strengths.+ Advice for Aspiring Entrepreneurs: How to take control of one's life and deal with the uncertainty in the epic entrepreneurial journey.Relationship Communication Framework:Talker steps (sharer of feelings):1- How have they gotten better at the behavior that upset you?"I want to begin by thanking you for...."2-How were they possibly innocent because other factors influenced their behavior, such as their upbringing and circumstances?"And I want to acknowledge that..."3- What did you do that may have influenced their hurtful behavior? How is your reaction intensified from wounds or values in your past?"I also want to acknowledge that..."4- Express your complaint without "you" or "always/never," along with your core needs."There's been a pattern of __________ and it's made me feel __________ and it taps into my core need for __________."Listener steps:1- Summarize their complaint to ensure you heard it correctly. "So, what I hear you saying is __________." (50% rule)2- Take ownership of the part you're owning without excuses starting with "I know that l've had a tendency to...."3- Make an empathy statement on how the part you're owning probably made them feel."I can see how my tendency to __________ would make you feel __________."4- Make a sincere apology on the part you're owning. "I'm really sorry that my tendency to __________has made you feel __________."5- Make amends by offering something that could make the other person feel better and ask for their feedback. "Moving forward, how about I__________? What else would you prefer?"BIG thank you to Fundrise and Monarch Money for sponsoring the show!! To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.If you enjoyed this episode, let us know by clicking on any of the links below to send a quick shout-out: Instagram, Twitter, Facebook, Youtube, TikTok and LinkedIn. We'd love to hear from you!Want 300+ ideas for your business, check out our FREE Business Training where we include all of these!💡"Doing hard things is hard, but not doing them is harder." - Justin Williams Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 21, 2024 • 54min

158. How One 26 Year Old is Making $800,000 Storing Junk for College Kids with Collin Rutherford

What if you could launch a six-figure business with just $1,600? In this episode, Brien Gearin interviews Collin Rutherford, founder of Greenbox Storage, about how he turned a simple idea into a thriving summer storage business serving 23 college campuses. From his days as a D1 athlete at Dartmouth to identifying a market need during COVID, Collin reveals the strategies that fueled his rapid business growth at just 26-years-old. He discusses the importance of grit, smart scaling, and starting with minimal capital. Collin also offers insights into remote hiring, managing a seasonal business, and effective guerrilla marketing tactics. Perfect for aspiring entrepreneurs, this episode is packed with actionable advice on how to turn an idea into a successful venture — even if you're still in college!What we discuss with Collin:+ Launching a business with minimal capital+ Identifying a market opportunity+ Facilitating rapid, national expansion+ Running a fully remote business headquarters+ Managing a business with peak seasons+ Leveraging low-cost, effective marketing tactics+ Recruiting and training a team+ Building custom software to streamline operationsThank you, Collin!Check out Greenbox Storage at GreenboxStorage.org.Connect with Collin on Instagram, LinkedIn, Threads, TikTok, Twitter, and YouTube!Watch the video podcast of this episode!Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And follow us on:InstagramFacebookTik TokYoutubeTwitterTo get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 19, 2024 • 24min

157. The 7 Ways Successful Companies Grow with Justin Williams (REPLAY)

Sales and marketing are the lifeblood of your business and it only takes one proven sales system to bring your product or service to the world. This is part of business people typically fear the most. Yes, it's challenging and yes, you're probably going to want to quit a hundred times. But if we can help you overcome your fears and hesitancy around sales and marketing, it will change your life forever. And it will change the lives of the people that you connect with. You're way bigger than your fears, whether you know it or not. So here are 7 ways successful companies grow for you to dive into so you can get that product out to the world!(Original Air Date -3/2/23)What Justin Discuss on Today's Episode:+ Introduction to Millionaire University Podcast+ Understanding the Concept of Business Growth+ The Importance of Marketing and Sales+ The Journey of a Customer: The Funnel Analogy+ The Three Goals of a Business Owner+ Seven Main Ways to Grow Your Business+ Sales Team as a Growth Strategy+ Content Marketing and Paid Marketing+ Relationship or Influencer Marketing+ Physical Storefront Location and Online Partnership Platforms+ Word of Mouth Marketing+ Real Life Examples of Successful Business Growth Strategies+ Conclusion and Homework AssignmentThanks for joining us! To get access to our FREE Business Training course we mentioned in today's episode, go to MillionaireUniversity.com/training. And to get continuous help and support to grow your business, follow us on:InstagramFacebookTik TokYoutubeTwitterFor exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 16, 2024 • 55min

156. How to Make 6 Figures Dropshipping on TikTok, Walmart, and eBay with Kris McCauley

Want to sell physical products without stocking inventory? In this episode, Brien Gearin talks with entrepreneur Kris McCauley about how he built a successful dropshipping business on platforms like TikTok, Walmart, and eBay. Kris shares his secrets for starting with minimal investment, automating processes, and finding winning products. They also discuss the power of influencer marketing on TikTok and the challenges of staying profitable in a fast-changing market. Whether you're new to e-commerce or looking to expand your business, this episode is packed with tips to help you succeed in dropshipping!What we discuss with Kris:+ Dropshipping basics and low entry barriers+ Building a business on TikTok, Walmart, and eBay+ Importance of automation for scaling+ Leveraging TikTok influencers for sales+ Dropshipping vs. traditional e-commerce+ Finding profitable products+ Earnings potential and profit margins+ Challenges in product life cycles and customer service+ Managing multiple stores and teams+ Starting with minimal capitalThank you, Kris!Connect with Kris on YouTube!Watch the video podcast of this episode!Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And follow us on:InstagramFacebookTik TokYoutubeTwitterTo get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 14, 2024 • 51min

155. Secure More Customers with Strategic Face-to-Face Interactions With Ray Sheehan

Unleash the power of experiential marketing to transform your business! Ray Sheehan, an expert in the field, reveals strategies for using face-to-face interactions to build brand loyalty and drive sales in this episode hosted by Kirsten Tyrrel. Learn how to engage your audience at places they already frequent, such as festivals and major retailers, to create memorable connections. Discover how experiential marketing can complement your overall strategy, offering both immediate engagement and long-term benefits. Whether you're a small business or a large corporation, this episode offers practical tips to integrate experiential marketing into your goals. Expand your marketing toolkit with these expert insights!What we discuss with Ray:+ Understanding your target audience+ Meeting customers where they are+ Building long-term relationships+ Enhancing your marketing strategy+ Integrating experiential marketing effectively+ Focusing on preparation and objectives+ Creating memorable face-to-face interactions+ Transforming consumer perceptions+ Executing on a budget+ Leveraging retailer partnershipsThank you, Ray!Check out Old City Media at OldCityMedia.com.Connect with Ray at ray@oldcitymedia.com!Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And follow us on:InstagramFacebookTik TokYoutubeTwitterTo get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 12, 2024 • 1h 1min

154. How Brett Baker Is Turning Adversity Into Opportunity With VA USA

Discover how a former Army Ranger is transforming lives through the virtual assistant industry! Brett Baker, founder of VA USA, joins host Brien Gearin to discuss his mission to support military spouses with meaningful work and community. Brett shares the unique challenges military families face and how VA USA connects them with businesses needing virtual assistants. The episode highlights the importance of mindset and mission in entrepreneurship, encouraging action and learning from failure. Whether you're an entrepreneur or a military spouse, Brett's story offers insights into creating a purposeful business. Don't miss this inspiring conversation about making a positive impact!What we discuss with Brett:+ VA USA's mission for military spouses+ Challenges faced by military families+ Role of virtual assistants in businesses+ Importance of mindset in entrepreneurship+ Overcoming fear and taking action+ Learning from failure+ Building a supportive community+ Creating a purposeful businessThank you, Brett!Visit VA USA at HireVAUSA.com.Check out Brett's 125 Tasks you can delegate today!Connect with Brett on LinkedIn!Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And follow us on:InstagramFacebookTik TokYoutubeTwitterTo get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors.Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 9, 2024 • 51min

153. How to Create an RV Rental Business Without Owning an RV with Garr Russell

In this episode of Millionaire University, Garr Russell shares his fascinating journey of entrepreneurship from childhood ventures to a successful RV rental business. Garr discusses his setbacks, including a period of drug dealing, and how he turned his life around after finding faith. He highlights the turning points in his career, such as starting a credit counseling company and later transitioning into RV rentals after a personal experience in 2016. Garr explains the advantages of using a franchise model, leveraging other people's RVs, and the extensive opportunities within the RV rental industry. He provides insights into the growth of his business, including the challenges faced during COVID-19, and the strategies that led to a nationwide presence with multiple franchises. Throughout the interview, Gar emphasizes resilience, faith, and the importance of sharing both successes and failures.What We Talk About With Garr:+ From Credit Counseling to RV Rentals+ Scaling the RV Rental Business+ Navigating Challenges and Growth+ The Impact of COVID-19+ Franchise Model and Expansion+ Advice for Aspiring Entrepreneurs+ Finding RV Owners and Building a Community+ Collaborating with RV Rental Platforms+ Appealing to RV Owners+ Expanding the Business Model+ Marketing Strategies and Customer RetentionThank you for sponsoring today's episode Garr!Check out Garr's business Fireside RV Rentals HERE! And Garr's book My Wheel Estate Story HERE! Ready to start your own business or grow your current business? Sign up for our FREE Business Course - over 300+ new business ideas, also includes the 7 Phases of a business, so you know where you are now and where you need to go next. You'll also get 7 of the most popular marketing strategies and 31 stay-on-track hacks that successful millionaires follow to grow and automate their businesses. Go to https://www.millionaireuniversity.com/training.And if you want us to answer your business questions on an upcoming episode, drop us a line at support@millioinaireuniversity.com.To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Learn more about your ad choices. Visit megaphone.fm/adchoices

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