Today Nick talks about another low cost startup that can easily make you money in the beginning. With how many trucks need hitch receivers and much expensive auto shops charge you for it, you can easily get some flyers, a website, and some word of mouth to get some business going. Check out the episode to hear more!

Nick talks all about delayed gratification in this episode: a lesson he learned from his grandfather, who broke the pattern of poverty in his family. Listen to Nick breakdown and discuss what delayed gratification looks like in business and life. 

In this episode, Nick talks about a low cost and easy startup for a business that can be profitable from the gate.  After being quoted $750 for his deck to be cleaned and stained, he got to thinking about the equipment, supplies, and time that would go into doing it himself, and how YOU could launch a successful business doing just that.  

The main reason that businesses fail is this: the people who start them do so for selfish reasons. Lifestyle, passion, and money are selfish reasons to start a business, and the market does NOT care about these things. Entrepreneurship is not always fun; it’s hard, confrontational, and lonely.  The entrepreneurs who succeed are really good at doing the stuff they DON’T want to do. Before starting a business, you need an unemotional lens: look at the market and ask, where is there an opportunity? Just doing what you love makes you less likely to succeed.

The way the stock market is going, businesses and unemployed people are being helped by the government, and spending habits, there is an increasing chance this recession WON'T happen, and the government will push us right through it. 

If you're looking to open a restaurant, or you just lost everything in your restaurant, it could be the best time in HISTORY to start up your business in the next 6 months.  With so many restaurants either closing or cutting staff, there are talented workers, real estate, land lords, and cheap equipment that are all available. •Land lords want to get paid, meaning cheaper rent for you. • People are hurrying to sell buildings and prices for real estate will be lower than ever.  • New restaurant equipment will be cheaper, and used equipment will be sold as other businesses close their doors • Hundreds of talented chefs, waiters, bar tenders, you name it, will be applying for new jobs after being laid off.  With the government helping relieve the economy and businesses and programs like the PPP, you can get more help now than ever before. We're going to see resources for restaurants and small businesses trying to get their feet planted, and we could see low interest loans, subsidized loans, and maybe even grant money to help companies get back to business.  I don't like the restaurant business, and I wouldn't recommend you start one, but now is the time to do it if you want to get back into it or start your dream!   

On this episode I discuss what I see as the future of hotels and hospitality and a big opportunity for savvy entrepreneurs. 

Lawn care hasn't seen much impact from COVID and is a lot more recession resistant than you might think.

10,000 American's reach retirement age every day. Many of them own businesses. It was a buyers market before COVID and its only getting better. Referenced in the episode Nick Bradley: https://www.youtube.com/watch?v=fqxXoduxf7Y

Businesses that are going to get crushed right now but will be a huge opportunity to start a year from now!