The Sweaty Startup

In today's episode of The Sweaty Startup, Nick gives a quick motivating push for a business that is thriving right now. Home work of any kind is the best place to be in this climate; everyone is spending money on their homes.

The Sweaty Startup is celebrating its 200th episode, and we want to celebrate that with YOU! Enter our giveaway for a chance to win a free 1 hour consulting call with Nick. Visit https://sweatystartup.com/giveaway/ to enter!

In today's episode of the Sweaty Startup, Nick talks about innovative and creative entrepreneurship. Those words get thrown around so much these days, but Nick talks about how those types of entrepreneurs aren't the ones getting paid.

In today's episode, Nick talks about the impact his father had on his life and career. Nick comes from a middle-class family; they didn't struggle for money, but they also didn't own investment properties or have much saved up. But because of the lessons his father taught him, Nick was set up to create generational wealth. He is not self-made, but boosted by his father's wisdom and advice.

https://sweatystartup.com/the-hiring-series-part-4-dealing-with-questions-and-nurturing-your-talent-from-within-ep-51/

How to vet and figure out if an employee is going to work for you! https://sweatystartup.com/the-hiring-series-part-3-what-to-look-for-in-your-employees-and-why-experience-isnt-that-important-ep-50/

https://sweatystartup.com/the-hiring-series-part-2-finding-the-ideal-employee-and-convincing-them-to-work-for-you/ How to recruit your first employee.

https://sweatystartup.com/the-hiring-series-part-1-5-things-you-need-to-do-before-you-make-your-first-hire-ep-48/ https://sweatystartup.com/category/the-hiring-series/ How to hire employees for your small business.

With school openings getting delayed more and more as the school year approaches, many parents and students have no idea how to approach distance and online learning. Many families spent months at home with each other with school being a light at the end of the tunnel. With the school year in question, that's looking less and less like a reality. With that being said, there will be a massive demand for online tutoring, and Nick lays out exactly how to start an online tutoring business.

A book review of They Call Me Ted by Ted Turner! Sponsored by: https://chickenribs.com/

Today's episode is a throwback to when we had the amazing Oren Klaff on the show! We could all use a recap on his sales strategy and learn from his techniques, so whether this is your first time hearing this, or your 5th, make sure to take notes!

In today's episode of The Sweaty Startup, Nick talks about having to fire a customer. Now what does that mean? He had a customer who was limiting his business and threatening his employees. Instead of bowing to their demands or yelling at them, he politely and confidently told them they could no longer use Storage Squad's unit. It was quite the rollercoaster.

In today's episode, Nick talks with Matt Baker, a general contractor from Houston, Texas. They discuss how Matt got started, what advice he has for someone just starting, and how profitable being a general contractor is.

In this episode, Nick shows one of their newer self storage facilities, and goes over the numbers to share how profitable running a self storage facility really is!

In today's episode, Nick talks about three sales strategies that most people don't talk about. These are strategies that can really make your company stand out from others as desirable, credible, and sustainable. 1. Use old school sales and marketing 2. Get people to put their money where their mouth is 3. Sales extends past business into all aspects of life- get people to buy in

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!

I'm an entrepreneur because I enjoy having extreme control over my circumstances, my business, my lifestyle, and my bank account. The decisions I make today directly impact the situation I'm in tomorrow and next week and 5 years from now. The past month has completely turned that upside down.a

Ray Dalio, in his book Principles, talks about the search for truth over the desire to be right and convince other people of your way of thinking. Things are changing fast. The close-minded folks are getting left in the dust. The radically open-minded entrepreneurs will win. Remind yourself that three things are at play when you're making decisions: 1. You filter information based on what supports your previously held beliefs and desires 2. You actually understand things a lot less than you think you do (the can opener effect) 3. Your emotions (fear, anger, greed) impact your logic in a negative way Change your mind often. Accept all new information based on what it's worth. Understand your blindspots. Keep a bead on your emotions. The last 10 year run has made it easy to succeed. A rising tide floats all ships. This hardship will separate the winners from the losers. Stay strong!

Change spells opportunity.

Debt is what makes the world go round.

Tough balancing act right now between keeping people liquid and motivating the wrong behavior.

I've seen a lot of emails and from people saying that they've figured it out: businesses have poor online presence, so they'll be the middle man to connect the customers who are searching online to the businesses that are not online. In this episode I break down why that is NOT a good business plan.

I've spent the last 2 weeks talking to as many smart people as I can about the economy, what they're afraid of, and what they think will happen. Here is a breakdown.

When change happens entrepreneurs get windows of opportunity to add new value in new places. This is an opportunity!

How you chose to spend your time makes all the difference. Doing an 80/20 analysis can help you figure out what 20% of your efforts generate 80% of your results.

Do the smart work that is uncomfortable and watch your life open up!

Adam runs down his list of essential tools to get your local service business found online. From website builders to hosting to lead capturing he runs through all the tools he uses to build for his clients every day!

Time management is something that can make or break an entrepreneur. Nick talks about the 4 quadrants of time management and how to work on what is most important but is easy to procrastinate or ignore.

Adam tells his founding story and how he has built a web development agency that does $55k a month in revenue with 6 full time employees. He founded SparrowWebsites.com in 2016 as a 30 year old with 10k in the bank.

Nick answers a question from a listener about how he would market and build a power washing company.