Get my 12 favorite biz ideas for 2024, with full launch plans included here: https://tkopod.co/youtubeD

HoldCo Bros are back! @NikonomicsPodcast and I talk about three topics today. First, an update on our perfume vending machine business, now called Side Vending, as we expand to new vending machine concepts. It’s been a wild journey, and we’ve got some crazy stories to share.

Then, we break down the recent shutdown of a company called The Pro’s Closet and discuss how you can monetize other companies’ email lists – 300,000 email addresses that are going to waste! Finally, we talk about Negotiations as a Service, or as I like to put it, “Only eat when you eat.”

Stay tuned for Part 2 next week, where we’ll talk about GPT for Google Sheet and all the many ways you can use AI inside Excel or 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!

Learn more about Nik here: http://linktr.ee/cofoundersnik

Timestamps below. Enjoy!
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Audio podcast on all podcast platforms: https://toolkit.tkopod.com/podcast
Free weekly business ideas newsletter: https://tkopod.com
Private community where we build cool businesses together: https://TKOwners.com
Learn more about me: https://www.chrisjkoerner.com/
Business ideas shorts channel: ⁨@thekoernerofficeideas⁩ (https://studio.youtube.com/channel/UCzjpCGEXR7BU-_SJSl59CGQ)
The Koerner Office highlights: ⁨@thekoernerofficesegments⁩ (https://studio.youtube.com/channel/UCYEzHNmI-1oIqimmOnul_fg)
AI-enabled accounting software, because Quickbooks SUCKS: https://lazybooks.com/
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00:00 Introduction and Today’s Agenda
00:34 Perfume Vending Machine Business Update
04:08 The Pro’s Closet Shutdown
09:38 Opportunities in Email Monetization
12:25 Buying a Business Out of Bankruptcy
13:00 Owning Commercial Real Estate and Restaurants
14:36 Introduction to Pharmacy Benefit Managers
15:17 Mark Cuban’s Cost Plus Drugs
18:59 Business Opportunity in Pharmacy Negotiations
22:48 How to Get Your First Customer
25:27 Marry, Date, or Kill: Evaluating Business Ideas
27:30 Upcoming Topics and Conclusion
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For the algorithm:

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