How Many Entrepreneurs Does It Take to Change a Lightbulb?
None—they’ll just pivot to candles! 🕯️😂
Getting rich isn’t rocket science, but starting a business that prints money sure helps. Still, it’s no walk in the park, so let’s take a page from someone who’s nailed it.
Meet Nick Huber. He’s built or invested in 11 businesses pulling in over $50 million last year. His secret? Doing small, boring, or downright dirty jobs really well. Turns out, “sweaty” work is often where the gold is. Ready to learn how to make your own buckets of cash? Let’s go!
Here are Five Fast Facts on beating AI in business:
- 1️⃣ The Humble Beginnings Hack - In 2011, Huber’s first biz was moving college kids’ stuff into storage over the summer and back in the fall. It wasn’t glamorous, but he and his buddies made $3k in a week. Fast forward: that side hustle became a company in 64 locations across 11 states, eventually selling for $2 million. Hard work: 1, Fancy ideas: 0.
- 💡 Why It Worked - Huber’s business thrived because he did what big moving companies didn’t—he was fast, flexible, and didn’t nickel-and-dime customers. Plus, city-dwelling college kids (without trucks) were more likely to swipe dad’s Amex than do it themselves.
- 👀 Find Ideas Where They Are - Most of Huber’s other businesses sprang from noticing issues in his existing ones. Need a website that converts customers? Boom—start a web design company. Need better SEO? Hello, new business! Managing real estate portfolios? Turn it into a service others want. He solved his own problems and made money solving others’.
- 💵 Cash Is King - A staple of Huber’s business experience is to get cash flow positive within two months. It’s almost impossible to get rich off your first idea, so make sure you build stuff from the ground up the right way. When you have the money in the bank and are able to take the risk…that’s when you go for the moonshot.
- 🔍 Scout It Out - Another good strategy that Huber uses is to scout businesses with poor customer service. If they’re not treating their customers well, there’s an opportunity. If someone uses a fax machine, they’re outdated and likely vulnerable. PS - yes, it’s time to ditch your fax machine!
🔥Bottom line: Sometimes it’s the unsexy work that is the most profitable! Apply common sense and notice the problems in the little details around you, and think of ways to solve those problems, even if it means getting a little sweaty. As Huber puts it, “the sweatier the job, the better.”
Are you ready to make bank with sweaty work?
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