66 - Two Unique Business Opportunities No One Is Talking About with Chris Koerner episode artwork

EPISODE · Oct 4, 2024 · 44 MIN

66 - Two Unique Business Opportunities No One Is Talking About with Chris Koerner

from Nikonomics - The Economics of Small Business · host Nikolas Hulewsky

🚨MY NEWSLETTER https://nikolas-newsletter-241a64.beehiiv.com/subscribe 🚨Join me, Nik (https://x.com/CoFoundersNik), and my business partner Chris (http://tkopod.co/p-x) for another HoldCo Bros episode! This week, we're talking about some fun business ideas. We discuss starting a Group Purchasing Organization (GPO) from scratch. We talk about print shops and keep gravitating back towards opportunities in this space. Lastly, we discuss selling high-ticket widgets to airline manufacturers, including the challenges of dealing with FAA regulations, which also make the surprisingly high margins possible due to the barriers to entry.Chris's YouTube: http://tkopod.co/p-ytChris's Podcast: http://tkopod.co/p-allQuestions this Episode Answers:What are the key steps to scaling a print shop business, including acquisitions and efficiency improvements?How can a Group Purchasing Organization (GPO) benefit small businesses and increase their negotiating power?What unique opportunities exist in creating niche solutions for traditional industries like print shops?What are the challenges and opportunities in selling to heavily regulated industries like airline manufacturers?What strategies can be used to develop and launch a new product in an industry with existing high barriers to entry?Enjoy the show!__________________________Love it or hate it, I'd love your feedback.Please fill out this brief survey with your opinion or send me an email at [email protected] with your thoughts.__________________________MY NEWSLETTER: https://nikolas-newsletter-241a64.beehiiv.com/subscribe Spotify: https://tinyurl.com/5avyu98yApple: https://tinyurl.com/bdxbr284YouTube: https://tinyurl.com/nikonomicsYT___________________________This week we covered:00:00 Highlights01:11 Introduction to the Boomer Businessman01:51 Challenges of Running a Print Shop02:20 Innovating the Print Shop Business03:15 The Interactive Website Solution04:56 Exploring New Business Ideas09:33 Lead Generation and Ethical Bait Switching16:05 Validating Business Demand23:05 Recap of Business Ideas23:51 Challenges in Healthcare Negotiations28:10 Group Purchasing Organizations (GPOs)34:47 Innovative Product in the RV Industry36:29 Framework for Idea Validation and Distribution39:58 Leveraging Insider Knowledge for Business Ideas44:30 Conclusion and Final Thoughts

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66 - Two Unique Business Opportunities No One Is Talking About with Chris Koerner

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