EPISODE · Nov 1, 2024 · 28 MIN
78 - Selling Drugs, Vending Machines and Stripping Bankrupt Companies for Parts 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 Koerner (https://x.com/mhp_guy) as we dive into another episode of HoldCo Bros! Chris and I have generated over $100 million across our companies, and every Friday, we brainstorm ideas and share exclusive insights into our businesses. This week, we discuss strategies to acquire assets from bankrupt companies, an update on our viral perfume vending machine business (over 20 million views!), and much more. Don't miss our 'marry, date, or kill' segment where we evaluate the three ideas we discussed. It’s a good one!Stay tuned for Part 2 next week, where we’ll talk about GPT for Google Sheets, a creative dating idea, and a business called Water Finds that we think you’ll find interesting. Be sure to share, like, and subscribe!Chris's YouTube: http://tkopod.co/p-ytQuestions this Episode Answers:How can you buy assets from bankrupt companies to start a business?How do you turn a viral idea into a profitable business?What can we learn from The Pro’s Closet’s failure to avoid similar mistakes?How to make money with Negotiations as a Service?Which business idea is worth pursuing and why?__________________________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/subscribeSpotify: https://tinyurl.com/5avyu98yApple: https://tinyurl.com/bdxbr284YouTube: https://tinyurl.com/nikonomicsYT___________________________This week we covered:00:00 Introduction to Business Insights00:53 Perfume Vending Machines: A Viral Business Model03:19 The Pros and Cons of Business Growth09:05 Exploring the Pros Closet and E-commerce Trends15:18 Understanding Pharmacy Benefit Managers21:03 Business Opportunities in Pharmacy Negotiations26:20 Marry, Date, or Kill: Business Ideas Discussion
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78 - Selling Drugs, Vending Machines and Stripping Bankrupt Companies for Parts with Chris Koerner
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