Nikonomics - The Economics of Small Business

232 - How to Make Easy Money Using Government Grants with Hector Resendez


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Join me, Nik (https://x.com/CoFoundersNik), as I interview Hector (https://x.com/ts_secrets). Hector reveals how he accidentally stumbled upon a little-known government grant and used it to build a multi-million dollar online trade school.

He teaches trades like HVAC, plumbing, and medical billing completely online, sometimes using VR goggles. He shares how the government pays him directly, up to $10,000 per student, for courses that are only 80-100 hours long.

We get into the nitty-gritty of how he finds students for free by partnering with nonprofits and sober living homes, achieving SAS-like margins without any traditional marketing.


Questions This Episode Answers:

How can you get the government to pay you $10,000 per student?

How do you start an online school with almost no startup costs?

What is the "secret" to getting unlimited students for free?

How do you automate a business to the point you only work two hours a day?

What is the WIOA grant and how does it work for entrepreneurs?

Enjoy the conversation!

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This week we covered:
00:00 Introduction to the Online Trade School Model

03:07 Understanding the Grant System and Its Impact

05:56 The Evolution of the Business Model

08:51 Customer Acquisition Strategies

11:48 Curriculum Development and Accreditation

15:02 Operational Insights and Business Growth

17:55 Challenges and Future Aspirations

...more
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Nikonomics - The Economics of Small BusinessBy Nikolas Hulewsky

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