Franchises are everywhere, and Kenny Rose, Founder and CEO of FranShares, has devised the easiest way to make passive income through them. 

In today’s episode of Boring Businesses, I'm joined by Kenny Rose, Founder and CEO of FranShares, to dive deep into the world of franchise investing, the pros and cons of starting a franchise, what to consider before investing in the industry, and so much more.

Timestamps:

00:00 Intro
01:09 Kenny’s Background
02:50 Pros And Cons Of Starting A Franchise
04:26 Kenny’s Favorite Franchises
12:06 How To Identify A Good Franchise
13:58 How To Know If You Should Start A Franchise
16:34 Things To Consider Before Starting A Franchising Business
18:43 FranShares’ Business Model
25:22 Industry Leaders Kenny Admires
29:05 Franchises Kenny Is Excited About


👉 Connect with Sieva

Website: https://www.sievakozinsky.com/
Twitter: https://twitter.com/SievaKozinsky
LinkedIn: https://www.linkedin.com/in/skozinsky/
Substack: https://thebusinessacademy.substack.com/ 

👉 Connect with Kenny
Twitter: https://twitter.com/kennymrose
LinkedIn: https://www.linkedin.com/in/kennyrose/

- If you enjoyed the episode please leave a 5* review to support the show. It really helps.
- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. 
- Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 

Romeen bootstrapped his staffing company to $60M in revenue by leveraging his community of almost 200,000 followers on Twitter.

In today’s episode of Boring Businesses, I'm joined by Romeen Sheth, CEO of Metasys, to dive deep into the staffing industry, exploring why top companies lean on staffing agencies, how entrepreneurs all over the world are leveraging online audiences to grow their businesses, and so much more.

Timestamps:

00:00 Intro
03:51 Romeen’s Thoughts On Entrepreneurship
05:02 What Money Can And Can’t Buy
08:38 Fame vs. Wealth
10:42 Why The Kardashians Are The Smartest Entrepreneurs
16:12 How Celebrities Are Monetizing Their Audiences
19:17 Romeen’s Thoughts On Elon Musk’s Twitter
25:53 The Real Challenges Of Running A Company
32:03 The Importance Of Staying Humble In Business
34:39 Romeen’s Advice For Young Entrepreneurs
41:59 Diving Into The Staffing Industry
44:04 Why Companies Use Staffing Agencies
48:01 How To Start A Staffing Business
51:00 The Different Business Models In The Staffing Industry
53:44 How Metasys Is Growing


👉 Connect with Sieva

Website: https://www.sievakozinsky.com/
Twitter: https://twitter.com/SievaKozinsky
LinkedIn: https://www.linkedin.com/in/skozinsky/
Substack: https://thebusinessacademy.substack.com/
Youtube:


👉 Connect with Romeen

Twitter: https://twitter.com/RomeenSheth
LinkedIn: https://www.linkedin.com/in/romeen-sheth-07494427


- If you enjoyed the episode please leave a 5* review to support the show. It really helps.
- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. 
- Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 

Two years ago, Kris opened a small gas station that only had two pumps.

However, an unconventional advantage allowed him to beat his competitors and grow his business to +$30M in revenue.

In today’s episode of Boring Businesses, I'm joined by Kris Danielson, owner of the Mountain View gas station, to get an in-depth look into the gas station industry, the company’s unexpected competitive advantage, Kris’ vision for the future, and so much more.

Timestamps:

00:00 Intro
00:38 Mountain View’s Competitive Advantage
03:23 The Early Days Of The Business
09:07 Securing Funding For Your Business
10:26 How Gas Stations Actually Make Money
11:57 Mountain View’s Revenue Per Month
13:57 Kris’ Growth Strategy
15:46 The Next Steps For Mountain View
17:49 The Opportunities And Challenges Of Starting A Gas Station
18:48 Profit Margins For Gas Stations
20:34 Other Businesses Kris’ Admires
21:11 The Future Of Mountain View
23:46 Kris’ Relationship With Money
24:57 Advice For Young Entrepreneurs
25:30 Where To Find Kris


👉 Connect with Sieva

Website: https://www.sievakozinsky.com/
Twitter: https://twitter.com/SievaKozinsky
LinkedIn: https://www.linkedin.com/in/skozinsky/
Substack: https://thebusinessacademy.substack.com/
Youtube:


👉 Connect with Kris

Twitter: https://twitter.com/kccj12
Instagram: https://www.instagram.com/krisdanielson1011

- If you enjoyed the episode please leave a 5* review to support the show. It really helps.
- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. 
- Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 

While people claim that cash is slowly becoming obsolete, entrepreneurs in the ATM industry are making millions.

In less than one year, Mitchell Sorkin went from 3 ATMs to more than a hundred and did over $200k in revenue.

In today’s episode of Boring Businesses, I'm joined by Mitchell Sorkin, co-founder of Sorkin ATM Co., to get an insider look into the ATM industry, how to build a profitable ATM business in 2024, whether cash is going to disappear in the near future, and so much more.

Timestamps:

00:00 Intro
01:37 Mitchell’s Background
06:38 Getting Into The ATM Industry
10:00 How The ATM Business Works
12:23 Understanding ATM Surcharges
14:59 Forming Partnerships In The ATM Industry
16:00 Purchasing An ATM
18:05 The Challenges Of Loading An ATM
19:53 Diving Into The ATM Marketplace
22:28 The Leaders Of The ATM Industry
24:26 The Average Number Of ATM Transactions
26:22 How To Avoid Overpaying For An ATM
28:09 What’s Next For Mitchell
32:43 Financing The Business
36:07 Will Cash Disappear Soon?
40:09 The Problem With Bitcoin ATMs
41:46 The Importance Of Building An Audience
45:54 Where To Find Mitchell


👉 Connect with Sieva

Website: https://www.sievakozinsky.com/
Twitter: https://twitter.com/SievaKozinsky
LinkedIn: https://www.linkedin.com/in/skozinsky/
Substack: https://thebusinessacademy.substack.com/
Youtube:


👉 Connect with Mitchell

Twitter: https://twitter.com/mitchell_sorkin


- If you enjoyed the episode please leave a 5* review to support the show. It really helps.
- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. 
- Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 

Dylan started a truck dealership business five years ago with no team and no venture capital.

Today, his company, American Truck Store, has hit $45M in revenue.

In this episode of Boring Businesses, I'm joined by Dylan Peterson, owner of American Truck Store, to discuss how to succeed in a competitive industry, the importance of building a credible brand reputation, and so much more. 

Timestamps:

00:00 Intro
01:36 American Truck Store’s Business Model
04:10 Dylan’s Background
07:55 The Early Days Of American Truck Store
10:36 Dylan’s Growth Strategy
14:33 The Importance Of Building Legitimacy
16:16 Competition In The Industry
19:24 The Secrets To Succeed In The Industry
24:44 What’s Next For American Truck Store
26:53 The Importance Of Having A Mentor In Business
29:47 Final Thoughts


👉 Connect with Sieva

Website: https://www.sievakozinsky.com/
Twitter: https://twitter.com/SievaKozinsky
LinkedIn: https://www.linkedin.com/in/skozinsky/
Substack: https://thebusinessacademy.substack.com/


👉 Connect with Dylan

LinkedIn: https://www.linkedin.com/in/dylan-peterson-8b537482

- If you enjoyed the episode please leave a 5* review to support the show. It really helps.
- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. 
- Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 

After an entire decade working for a successful trading firm, Adriane decided it was time to carve her own path.

Today, GrowthAssistant, the company she co-founded, has revolutionized the Digital Marketing industry and is generating $6M a year in revenue. 

In today's episode of Boring Businesses, I'm joined by GrowthAssistant’s CEO Adriane Schwager to discuss her entrepreneurial journey, the unique business model behind her company, how they’ve managed to keep a competitive edge in a crowded market, and so much more.  

Timestamps:

00:00 Intro
00:54 Adriane’s Background 
08:35 How Adriane Started Her Business 
13:21 How GrowthAssistant Is Helping Marketing Teams
16:04 Leveraging Your Network To Launch A Business
17:33 GrowthAssistant’s Business Model
21:09 Adriane’s Experience As An Entrepreneur
23:41 Building A Healthy Company Culture
25:57 How To Stay Competitive In A Saturated Industry
28:40 Adriane’s Advice For Young Entrepreneurs
29:32 Where To Find Adriane


👉 Connect with Sieva

Website: https://www.sievakozinsky.com/
Twitter: https://twitter.com/SievaKozinsky
LinkedIn: https://www.linkedin.com/in/skozinsky/
Substack: https://thebusinessacademy.substack.com/ 


👉 Connect with Adriane

Twitter: https://twitter.com/aschwags3
LinkedIn: https://www.linkedin.com/in/aschwager


If you enjoyed the episode, please leave a review on Apple Podcasts and Spotify to support the show. 🙏

Brian’s family has been in the Midas business since 1976. 

Since Brian took over the family business in 2010, he has successfully grown the company from six to 29 locations — positioning themselves as the fourth largest Midas franchisee in the United States — and increased revenue from $5M to $26M in sales.
In today's episode of Boring Businesses, I'm joined by Brian Beers to explore the world of franchising, the opportunities and challenges of taking over a family business, the secrets behind starting a Midas franchise in 2023, and so much more. 

Timestamps:

00:00 Intro
00:42 How Brian Got Into The Midas Business
03:06 Evolution Of The Company Over The Years
04:38 Brian’s Hiring And Retention Strategy
08:50 Taking Over The Family Business
10:23 How To Increase Your Profitability
12:58 The Importance Of Mastermind Groups For Businesses
16:47 How To Start Your Own Midas Franchise
21:50 How Seller Financing Works
24:41 How To Choose The Right Location For A Franchise
26:54 Selecting The Right Business Model
31:22 The Importance Of Mentoring For Growing A Business
34:17 How To Find Balance When Running Multiple Franchises


👉 Connect with Sieva

Website: https://www.sievakozinsky.com/
Twitter: https://twitter.com/SievaKozinsky
LinkedIn: https://www.linkedin.com/in/skozinsky/
Newsletter: https://thebusinessacademy.substack.com/


👉 Connect with Brian

Website: https://www.brianbeers.com/
Twitter: https://twitter.com/brianbeers
Instagram: https://www.instagram.com/businesswithbeers/
LinkedIn: https://www.linkedin.com/in/brian-t-beers/


- If you enjoyed the episode please leave a 5* review to support the show. It really helps.
- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. 
- Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel. 

Val Katayev migrated from the Soviet Union to the US at the age of eleven. By the time he was 20, he had already built a million-dollar business from his parent’s basement.

In this first-ever episode of Boring Businesses, I'm joined by Val Katayev to discuss his inspiring entrepreneurial journey, navigating life as an immigrant from the former Soviet Union, his approach to business and life, and so much more.

Timestamps:

00:00 Intro
01:30 Staying Motivated After Achieving Success
04:48 Starting From Zero
06:23 Investing Outside vs Investing in Yourself
10:20 Risk Aversion vs Risk-Taking
12:52 Moving from The Soviet Union
15:49 Having a Moral Compass in Business
20:05 Growing Up As An Immigrant
24:47 Starting a Business as a Teenager
36:15 Building The Second Largest Music Property in The World
47:07 Teaching Your Kids The Value Of Money
52:09 What’s Next For Val
55:15 Where To Find Val
55:49 The Power of Building An Audience

👉 Connect with Sieva

Website: https://www.sievakozinsky.com/
Twitter: https://twitter.com/SievaKozinsky
LinkedIn: https://www.linkedin.com/in/skozinsky/
Newsletter: https://thebusinessacademy.substack.com/ 


👉 Connect with Val

Twitter: https://twitter.com/ValKatayev
LinkedIn: https://www.linkedin.com/in/valkatayev/

- If you enjoyed the episode please leave a 5* review to support the show. It really helps.
- Tweet me at @SievaKozinsky with any feedback or thoughts from the episode. 
- Prefer to watch? Check out all episodes on the Boring Businesses YouTube channel.