Nikonomics - The Economics of Small Business

124 - How to Piggyback Your Way to Success: AI, Med Spas, Golf Courses and More with Chris Koerner


Listen Later

🚨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 explore different cool business ideas: Med Spas and Golf Courses and AI Agents. We kick things off with a lighthearted story about a raisin cane's visit and a "Think You Should Leave" t-shirt. Then, we dive into the booming Med Spa market, driven by millennials obsessed with health and aging. We discuss the potential of integrating Med Spas with golf courses and other membership-based businesses, like tennis clubs. Chris shares an idea about a sauna/cold plunge business inside a gym or country club. We then shift gears to AI agents, discussing how to leverage them for market research and opportunity identification, including how to find and extract insights from interviews. We wrap up with a review of OpenAI’s new tools, GPT Operator and Deep Research, weighing their pros and cons for business applications.

Questions This Episode Answers:

  • What makes Med Spas such a rapidly growing market, and how can entrepreneurs capitalize on this trend?
  • How can businesses piggyback on existing establishments like golf courses or gyms to gain a competitive edge and increase revenue?
  • Are cold plunges and saunas an oversaturated market, or is there still room for growth?
  • How can AI be leveraged to identify ideal business locations and understand market dynamics?
  • What are the key advantages and disadvantages of using OpenAI’s GPT Operator and Deep Research for business research and analysis?


Share your ideas with us:

Enjoy the conversation!
__________________________

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/5avyu98y
Apple: https://tinyurl.com/bdxbr284
YouTube: https://tinyurl.com/nikonomicsYT
___________________________

This week we covered:

00:00 Highlights
00:33 Family Outing at Raisin Cane's
01:07 The Iconic '55 Burgers' Shirt
03:11 Med Spas and Their Growing Popularity
04:50 Med Spas in Golf Courses: A New Trend?
06:25 Revenue Models and Business Strategies
10:57 Cold Plunge and Sauna Business Ideas
16:50 Leveraging AI for Business Success
24:13 Practical Tips for Entrepreneurs
27:27 Unveiling Deep Research Capabilities
28:49 Exploring Chris Crone's Profile with Deep Research
29:59 Deep Research: Asking the Right Questions
31:19 Maximizing Deep Research on a Budget
33:05 Introducing GPT Operator and Deep Research
34:43 Impact on Industry Reports and Market Analysis
37:14 Challenges and Limitations of GPT Operator
40:27 The Future of AI and Self-Driving Technology
45:04 Deep Research: Pros and Cons
48:24 Practical Applications and Early Adoption

...more
View all episodesView all episodes
Download on the App Store

Nikonomics - The Economics of Small BusinessBy Nikolas Hulewsky

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

61 ratings


More shows like Nikonomics - The Economics of Small Business

View all
The Side Hustle Show by Nick Loper of Side Hustle Nation | YAP Media

The Side Hustle Show

1,596 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

210 Listeners

Founders by David Senra

Founders

1,858 Listeners

Noah Kagan Presents by Noah Kagan

Noah Kagan Presents

905 Listeners

The Home Service Expert Podcast by Tommy Mello: $200 Million Founder|Forbes, Inc., Entrepreneur Columnist

The Home Service Expert Podcast

737 Listeners

The Fort by Chris Powers

The Fort

472 Listeners

The Pomp Podcast by Anthony Pompliano

The Pomp Podcast

1,837 Listeners

My First Million by Hubspot Media

My First Million

2,610 Listeners

Acquisitions Anonymous - #1 for business buying, selling and operating by Bill D'Alessandro, Mills Snell, Heather Endresen, and Michael Girdley

Acquisitions Anonymous - #1 for business buying, selling and operating

243 Listeners

Acquiring Minds by Will Smith

Acquiring Minds

242 Listeners

The UpFlip Podcast by UpFlip

The UpFlip Podcast

248 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

183 Listeners

OPERATORS by OPERATORS

OPERATORS

45 Listeners

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs by Chris Koerner

The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

136 Listeners

Moneywise by Hampton

Moneywise

647 Listeners