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Boring Businesses

Latest episodes

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Mar 22, 2024 • 56min

Bootstrapping A $60M Staffing Business - Romeen Sheth

Romeen Sheth bootstrapped a $60M staffing business by leveraging his Twitter community. Topics include entrepreneurship, money's limits, fame vs. wealth, the Kardashians' smart business moves, monetizing audiences, challenges of running a company, importance of humility, advice for young entrepreneurs, insights into the staffing industry, why companies use staffing agencies, different business models, and Metasys' growth.
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Mar 19, 2024 • 27min

Building A +$30M Business At 25 - Kris Danielson

Two years ago, Kris opened a small gas station that only had two pumps. However, an unconventional advantage allowed him to beat his competitors and grow his business to +$30M in revenue. In today’s episode of Boring Businesses, I'm joined by Kris Danielson, owner of the Mountain View gas station, to get an in-depth look into the gas station industry, the company’s unexpected competitive advantage, Kris’ vision for the future, and so much more. Timestamps:00:00 Intro00:38 Mountain View’s Competitive Advantage03:23 The Early Days Of The Business09:07 Securing Funding For Your Business 10:26 How Gas Stations Actually Make Money11:57 Mountain View’s Revenue Per Month13:57 Kris’ Growth Strategy15:46 The Next Steps For Mountain View17:49 The Opportunities And Challenges Of Starting A Gas Station18:48 Profit Margins For Gas Stations 20:34 Other Businesses Kris’ Admires21:11 The Future Of Mountain View23:46 Kris’ Relationship With Money24:57 Advice For Young Entrepreneurs25:30 Where To Find Kris👉 Connect with SievaWebsite: https://www.sievakozinsky.com/Twitter: https://twitter.com/SievaKozinskyLinkedIn: https://www.linkedin.com/in/skozinsky/Substack: https://thebusinessacademy.substack.com/ Youtube:👉 Connect with KrisTwitter: https://twitter.com/kccj12Instagram: https://www.instagram.com/krisdanielson1011- If you enjoyed the episode please leave a 5* review to support the show. It really helps.- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. - Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 
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Mar 12, 2024 • 47min

Breaking Into The ATM Industry To Make Millions - Mitchell Sorkin

While people claim that cash is slowly becoming obsolete, entrepreneurs in the ATM industry are making millions.In less than one year, Mitchell Sorkin went from 3 ATMs to more than a hundred and did over $200k in revenue.In today’s episode of Boring Businesses, I'm joined by Mitchell Sorkin, co-founder of Sorkin ATM Co., to get an insider look into the ATM industry, how to build a profitable ATM business in 2024, whether cash is going to disappear in the near future, and so much more. Timestamps:00:00 Intro01:37 Mitchell’s Background06:38 Getting Into The ATM Industry10:00 How The ATM Business Works12:23 Understanding ATM Surcharges14:59 Forming Partnerships In The ATM Industry16:00 Purchasing An ATM 18:05 The Challenges Of Loading An ATM 19:53 Diving Into The ATM Marketplace22:28 The Leaders Of The ATM Industry24:26 The Average Number Of ATM Transactions 26:22 How To Avoid Overpaying For An ATM28:09 What’s Next For Mitchell32:43 Financing The Business 36:07 Will Cash Disappear Soon? 40:09 The Problem With Bitcoin ATMs41:46 The Importance Of Building An Audience45:54 Where To Find Mitchell👉 Connect with SievaWebsite: https://www.sievakozinsky.com/Twitter: https://twitter.com/SievaKozinskyLinkedIn: https://www.linkedin.com/in/skozinsky/Substack: https://thebusinessacademy.substack.com/ Youtube: 👉 Connect with MitchellTwitter: https://twitter.com/mitchell_sorkin- If you enjoyed the episode please leave a 5* review to support the show. It really helps.- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. - Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 
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Mar 5, 2024 • 32min

How To Build An 8-Figure Truck Dealership With $0 - Dylan Peterson

Dylan started a truck dealership business five years ago with no team and no venture capital. Today, his company, American Truck Store, has hit $45M in revenue.In this episode of Boring Businesses, I'm joined by Dylan Peterson, owner of American Truck Store, to discuss how to succeed in a competitive industry, the importance of building a credible brand reputation, and so much more.  Timestamps:00:00 Intro01:36 American Truck Store’s Business Model04:10 Dylan’s Background07:55 The Early Days Of American Truck Store10:36 Dylan’s Growth Strategy14:33 The Importance Of Building Legitimacy 16:16 Competition In The Industry19:24 The Secrets To Succeed In The Industry24:44 What’s Next For American Truck Store26:53 The Importance Of Having A Mentor In Business29:47 Final Thoughts👉 Connect with SievaWebsite: https://www.sievakozinsky.com/Twitter: https://twitter.com/SievaKozinskyLinkedIn: https://www.linkedin.com/in/skozinsky/Substack: https://thebusinessacademy.substack.com/ 👉 Connect with DylanLinkedIn: https://www.linkedin.com/in/dylan-peterson-8b537482- If you enjoyed the episode please leave a 5* review to support the show. It really helps.- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. - Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 
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Feb 27, 2024 • 31min

How To Build A Million-Dollar Business With Offshore Talent - Adriane Schwager

Adriane Schwager, CEO of GrowthAssistant, shares insights on starting a business, leveraging offshore talent, building a strong company culture, staying competitive in a saturated industry, and offering advice to young entrepreneurs in a crowded market. She highlights the importance of networking, maintaining healthy relationships with offshore talent in the Philippines, and taking action despite competition.
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Feb 20, 2024 • 1h 3min

How An Immigrant Teen Built A Million Dollar Business - Val Katayev

Val Katayev migrated from the Soviet Union to the US at the age of eleven. By the time he was 20, he had already built a million-dollar business from his parent’s basement.In this first-ever episode of Boring Businesses, I'm joined by Val Katayev to discuss his inspiring entrepreneurial journey, navigating life as an immigrant from the former Soviet Union, his approach to business and life, and so much more.Timestamps:00:00 Intro01:30 Staying Motivated After Achieving Success04:48 Starting From Zero06:23 Investing Outside vs Investing in Yourself10:20 Risk Aversion vs Risk-Taking12:52 Moving from The Soviet Union15:49 Having a Moral Compass in Business20:05 Growing Up As An Immigrant24:47 Starting a Business as a Teenager36:15 Building The Second Largest Music Property in The World47:07 Teaching Your Kids The Value Of Money52:09 What’s Next For Val55:15 Where To Find Val55:49 The Power of Building An Audience👉 Connect with SievaWebsite: https://www.sievakozinsky.com/Twitter: https://twitter.com/SievaKozinskyLinkedIn: https://www.linkedin.com/in/skozinsky/Newsletter: https://thebusinessacademy.substack.com/ 👉 Connect with ValTwitter: https://twitter.com/ValKatayevLinkedIn: https://www.linkedin.com/in/valkatayev/- If you enjoyed the episode please leave a 5* review to support the show. It really helps.- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. - Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 
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Feb 20, 2024 • 35min

How To Build A Franchise Empire - Brian Beers

Brian’s family has been in the Midas business since 1976. Since Brian took over the family business in 2010, he has successfully grown the company from six to 29 locations — positioning themselves as the fourth largest Midas franchisee in the United States — and increased revenue from $5M to $26M in sales.In today's episode of Boring Businesses, I'm joined by Brian Beers to explore the world of franchising, the opportunities and challenges of taking over a family business, the secrets behind starting a Midas franchise in 2023, and so much more. Timestamps:00:00 Intro00:42 How Brian Got Into The Midas Business03:06 Evolution Of The Company Over The Years04:38 Brian’s Hiring And Retention Strategy08:50 Taking Over The Family Business10:23 How To Increase Your Profitability12:58 The Importance Of Mastermind Groups For Businesses16:47 How To Start Your Own Midas Franchise21:50 How Seller Financing Works24:41 How To Choose The Right Location For A Franchise26:54 Selecting The Right Business Model31:22 The Importance Of Mentoring For Growing A Business34:17 How To Find Balance When Running Multiple Franchises👉 Connect with SievaWebsite: https://www.sievakozinsky.com/Twitter: https://twitter.com/SievaKozinskyLinkedIn: https://www.linkedin.com/in/skozinsky/Newsletter: https://thebusinessacademy.substack.com/👉 Connect with BrianWebsite: https://www.brianbeers.com/Twitter: https://twitter.com/brianbeersInstagram: https://www.instagram.com/businesswithbeers/LinkedIn: https://www.linkedin.com/in/brian-t-beers/- If you enjoyed the episode please leave a 5* review to support the show. It really helps.- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. - Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 

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