A few years ago I was drowning in admin work and spending my nights and weekends answering emails, catching up on invoicing, scheduling out my week and more. I was building two companies and they were growing fast. I also had kids and a busy family. It was a full time job just to stay organized. Things were coming at me from all angles. Travel. Meetings. Endless emails. Payroll. Bookkeeping. Events. To-do list around my house. General life stuff. It was a nightmare and it easily took 20/hrs...
12 days ago • 9 min read
I have a challenge for you this weekend that will help you think about business and opportunity in a whole new way. Go for a walk by yourself or with a friend in your local downtown area. Every business you pass by, ask yourself these questions: 1) How does this business make money? 2) Roughly how much money do they make per day, month and year? 3) How many employees do they have and what do these employees cost the business each hour and week and month? 4) How much did it cost to start this...
18 days ago • 6 min read
Every entrepreneur's dream is to sell their company. We all read stories of the huge exits and insane money. Starting a company, becoming profitable, and then eventually building it into a machine that makes more money than it spends each month for years on end is the dream. But how do you do it? How do you build a company that somebody else wants to own? It takes the right strategy, people, process, systems and more. The issue is that most small business owners never build an asset they can...
26 days ago • 6 min read
It's been a while since I updated everyone on the status of my companies. I shut down 4 of the companies I started between 2021 and 2023. RecruitJet, WebRun, AdRhino, and Huber Method. Too much headache, not enough profit. Business is hard. What I have left (and headcount): Bolt Storage (55) Somewhere.com (166) R.E. Cost Seg (70) Bolt Builders (13) Titan Risk (3) Bold SEO (5) NickHuber.com (3) Bolt Storage, Somewhere and R.E. Cost Seg all had record months of revenue in August. Bolt Storage...
about 1 month ago • 6 min read
If you had talked to 28 year old Nick Huber, he would have told you to start a business. Everyone should do it! It is the only way to be happy. Working for somebody else is terrible! What I know now is that 28 year old Nick Huber didn’t know what he was talking about. Entrepreneurship culture has created an entire group of people who are unemployable. They don’t want a job. They will not be happy working for somebody else. But most of them don’t have what it takes to build their own...
about 1 month ago • 3 min read
Quick note: The dumbest thing an owner can do is not protect their assets with insurance. General liability, directors and officers insurance, property and casualty, cyber insurance and more. These are no brainers to have if you want to preserve your wealth and what you’ve built. I use Titan Risk for all of my policies. Jon who leads the quoting process at Titan offered to audit 5 people’s policies to show them where they might be overpaying or exposed to risk. This is not a sales pitch. You...
about 2 months ago • 5 min read
Trusting somebody with your business, your livelihood, your customers, and your reputation is scary. What if they mess up? How can I afford them? When is the right time? What do I pay them? These kinds of questions will keep you running in place…forever. One of the biggest myths of running your own business is that you have to do every job yourself for as long as you can endure it. It’s a ridiculous badge of honor among entrepreneurs, but at a certain point, it becomes too much. And more...
about 2 months ago • 6 min read
Before we jump in: I'm hosting 7 free online workshops. Register below: How to Live Longer (Tomorrow at 2pm EST) Self Storage Management (Wednesday at 2pm EST) How to Get Found on Google (August 19th at 2pm EST) Hiring and Delegation Masterclass (August 27th at noon EST) How to Pay Less Tax (August 27th at 2pm EST) Sales 101 September 2nd at 2pm EST) CEO Bootcamp (September 9th at 2pm EST) 10 old school ways to grow your business: Way too many entrepreneurs are obsessed with shiny objects....
2 months ago • 7 min read
Quick note before we dive in: After 3 slow years, the self storage market is finally softening and prices for assets are dropping. If you are an accredited investor and would like to see our deals, click here. -- There are only two major questions you should be asking about any opportunity you are considering: 1. What is the return in dollars for an hour of my time today, a year from now and ten years from now? 2. If I stop working, do I stop getting paid or will I keep getting paid? That’s...
2 months ago • 4 min read
