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Join me, Nik (https://x.com/CoFoundersNik), as I interview Shannon Jean (https://x.com/@ShannonJean), serial entrepreneur and auction reselling expert who has helped over 1,700 people in his $5/month mastermind start profitable reselling businesses from scratch.

Shannon reveals how to make money with auction reselling, liquidation pallets, and government surplus deals—what I believe is the most accessible entry point into entrepreneurship in 2024. Whether you're looking for side hustle ideas, want to quit your 9-5, or need a proven system to flip products for profit, this episode is your complete roadmap.

What You'll Learn:

• The TWO commandments for profitable reselling: "Never buy anything unless you already know what you can sell it for" and "Buy with math, sell with emotion"

• How to research auction deals on B-Stock, Costco liquidation, Gov Deals, and liquidation.com

• Why retail price is a lie (and how to calculate TRUE market value)

• Real examples: $206,240 MSRP sold for $4,200 | $1 investment turned into $5,000 profit | $3,200 products bought for $326

• The credibility funnel system you MUST build before buying your first pallet

• Why 95% of resellers fail (hint: it's not lack of capital or product knowledge)

• Seasonal arbitrage strategies for maximum profit margins

• How to avoid the $34,000 mistake that kills new flippers

• What NOT to buy: consumer electronics, vacuums, exercise equipment pitfalls

• Live selling strategies for Whatnot, Poshmark, eBay, and Facebook Marketplace

• How a high school junior made $10K/month reselling furniture

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Join me, Nik (https://x.com/CoFoundersNik), as I interview Stuart Draper about how to get your first customer and scale from $0 to $2M in 4 years.

I had a freaking treat talking to Stu Draper today. He's an incredible startup founder who just had an eight figure exit from his EdTech company, Stukent, which helped over a million people learn digital marketing. His companies have been on the Inc 5000 list ten times, and he knows exactly how to get your first customer when you're starting from zero.

We chat about his journey starting his first digital marketing agency, getfoundfirst.com, during the 2008 recession and why he prioritized being a family man by building a professional baseball field and indoor-outdoor pool over buying a Lamborghini.

Stu shares actionable insights on how entrepreneurs can secure their crucial first customer (hint: it might involve working for free) and explains why starting a service-based business is often the best low-risk way for first-time founders to learn entrepreneurship and get in the game.

We dive deep into why catching the early wave of AI automation agencies today is just like catching the digital marketing wave 15 years ago—and why AI agency opportunities mirror what made so many digital marketing agency founders millionaires by age 32.

Finally, he tells us why focusing on sales and marketing—not mastering your P&L or balance sheet—is the most important part of building a successful business, and how he scaled to eight figures without being a financial expert by hiring a great CFO.

Enjoy the conversation!

__________________________

QUESTIONS THIS EPISODE ANSWERS:

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Join me, Nik (https://x.com/CoFoundersNik), as I interview Dr. Sandeep Palakodeti (https://x.com/DrDeepMD).

I was excited to welcome Dr. Sandeep Palakodeti, also known as Dr. Deep, to talk about his revolutionary company, Velocity Health.

This concierge precision medicine clinic is addressing huge macro trends, particularly the demand for better healthspan and longevity. We unpack why someone would leave a top institution like the Mayo Clinic to start a business aimed at solving the "sick care" problem of American healthcare.

Dr. Deep contrasts the standard transactional 7-minute primary care visit with Velocity Health’s functional medicine approach, which focuses on root cause medicine and objective diagnostics like VO2 max, DEXA scan, and the coronary artery calcium scan. We also dive deep into the business model, exploring how Velocity Health scales as a 50 state virtual practice, utilizes the MSO PC model for regulation, and maintains an attractive CAC to LTV ratio through its recurring revenue plans.

If you’re an entrepreneur who believes preserving health is as crucial as preserving wealth, this episode is a must-watch.

Questions This Episode Answers:

1. Why did an institutional physician leave major hospitals like the Mayo Clinic to start a cash pay medical practice?

2. How does a concierge precision medicine approach fundamentally differ from a traditional 7-minute primary care visit?

3. What advanced diagnostics, like the VO2 max test, are the most critical KPIs for assessing longevity and health risk?

4. From a regulatory and business perspective, how does the MSO PC model work for healthcare startups raising outside capital?

5. How can a subscription-based healthcare service maintain an appealing CAC to LTV ratio using a longitudinal relationship model?

Enjoy the conversation!

__________________________

Love it or hate it, I'd love your feedback.

Please fill out this brief survey with your opinion or email me at [email protected] with your thoughts.

__________________________

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__________________________

This week we covered:

00:00 The State of Healthcare Today

05:00 Emerging Trends in Concierge Medicine

10:09 The Shift to Preventive Care

14:46 Understanding Functional Medicine

20:05 The Role of Technology in Healthcare

24:55 The Business Model of Velocity Health

30:04 Patient Experience and Engagement

34:48 Future of Healthcare and Personalization

Join me, Nik (https://x.com/CoFoundersNik), as I sit down with Elizabeth Knopf (https://x.com/leveragedupside) to demystify OpenAI's newest creation, the Agent Builder.

We set the context by explaining the crucial difference between simple, static if-then automation and a true agent, which requires autonomy, memory, and decision-making capabilities in a workflow. This tool is designed to finally make building complex agentic workflows accessible to business owners who aren't technical experts.

Liz walks us through the platform.openai.com/playground interface and demos a real-world research agent in action. We dive deep into the cost structure, explaining why OpenAI charges based on a high-call usage-based model using API calls, which can "add up really quickly", instead of a flat monthly subscription like ChatTPT.We compare it head-to-head with competitors like N8n, Lindy, and Zapier. While the Agent Builder UI is "way less intimidating" and features like Guardrails are valuable for mitigating hallucinations and protecting sensitive data, Liz reveals that the execution is "not quite there yet". Questions This Episode Answers:

• What is the core difference between an Agent and a standard business Automation?

• Why does OpenAI use a usage-based model for Agent Builder instead of a flat monthly fee?

• How does OpenAI’s new Agent Builder compare directly to tools like Zapier, N8n, or Lindy?

• What are Guardrails, and how do they protect internal business documents and mitigate hallucinations?

• What are the most likely and best use cases for building business agents right now?

Enjoy the conversation!

__________________________

Love it or hate it, I'd love your feedback.

Please fill out this ⁠brief survey⁠ with your opinion or email me at [email protected] with your thoughts.

__________________________

MY NEWSLETTER: ⁠https://nikolas-newsletter-241a64.beehiiv.com/subscribe⁠

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Apple: ⁠https://tinyurl.com/bdxbr284⁠

YouTube:⁠ https://tinyurl.com/nikonomicsYT⁠

__________________________

This week we covered:00:00 Introduction to OpenAI's Agent Builder

03:05 Understanding Agents vs. Automation

05:48 Navigating the OpenAI Interface

09:09 Exploring Use Cases and Templates

11:57 Building a Research Bot with Agent Builder

14:49 Guardrails and Safety in Agent Workflows

18:04 Live Demo: Data Enrichment Use Case

20:55 Sentiment Analysis on Social Media

23:48 Challenges and Limitations of Agent Builder

27:05 Comparing Agent Builder with Other Tools

29:52 Future Potential and User Experience

33:03 Conclusion and Call to Action

Join me, Nik ( https://x.com/CoFoundersNik ), as I sit down with AI expert Elizabeth Knopf (⁠https://x.com/⁠leveragedupside) for a deep dive into Anthropic's Claude 4.5 Sonnet, the latest AI breakthrough for entrepreneurs and business automation in 2025.Watch as Elizabeth demonstrates game-changing features that transform Claude AI from static outputs into dynamic web applications through API integration and parallel tool execution. We explore extended AI thinking capabilities (up to 30 hours of processing), which delivers higher quality outputs for complex business tasks without constant iteration errors or AI hallucinations.The highlight? Claude generates a 22-page competitive analysis and content strategy for my YouTube channel versus Chris Koerner's "Corner Office"—complete with viral frameworks, audience insights, and growth recommendations. This deep AI research previously required specialized tools like Perplexity AI.We break down practical AI productivity strategies including building your AI second brain, prompt engineering libraries, context document management, and AI agent development for business operations. Elizabeth shares her framework for mastering AI tools like a fighter pilot—developing true AI literacy beyond basic prompting.QUESTIONS THIS EPISODE ANSWERS:What are Anthropic's key new updates for Claude 4.5 Sonnet and Claude Sonnet 4.5?How do dynamic AI artifacts and parallel tool execution speed up business workflows?How can extended AI thinking improve output quality for complex entrepreneurship tasks? What are the necessary components for building a functional AI second brain? How should entrepreneurs approach maximizing value from AI productivity tools? What's the difference between Claude AI and ChatGPT for business automation? How can first-time entrepreneurs use AI to build their first million-dollar business?What are the best AI tools for startup founders and small business owners? How do you create an AI operating system for personal productivity? What are practical AI use cases for entrepreneurs in 2025?__________________________Love it or hate it, I'd love your feedback.Please fill out this ⁠brief survey⁠ with your opinion or email me 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 Building Your AI Second Brain02:43 Anthropic's Claude Updates and Dynamic Artifacts06:07 Advanced Reasoning and Parallel Task Execution09:00 Enhanced Decision-Making and Contextual Awareness11:43 Creating Comprehensive Outputs and Research Strategies15:02 Navigating AI Technology and Personal Frameworks17:52 Managing AI Across Life's Pillars21:03 Building a Personal Operating System for AI23:54 The Future of AI in Organizations

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Join me, Nik (https://x.com/CoFoundersNik), as I interview Craig Fuller (https://x.com/freightalley), CEO of FreightWaves and Sonar, for a critical update on the freight market collapse and what it means for small business owners and entrepreneurs in 2025.

Last time, I called Craig "Nostradamus" for his spot-on predictions about tariffs and supply chain disruptions—and this time, the data is even more alarming. We analyze the OTBI index (Outbound Tender Volume Index), which tracks trucking volumes and shipping activity across the US economy, and the numbers are flashing red: we've lost seven years of economic growth in the goods economy.

Craig breaks down how the collapse in critical sectors like manufacturing, construction, housing, energy, and transportation logistics—which together employ 35 million Americans—is being completely ignored by Wall Street, the Federal Reserve, and Congress. While AI stocks and the Magnificent Seven drive the stock market to all-time highs, the Main Street economy is showing clear recession warning signs.

This episode explains why freight data is the ultimate leading economic indicator, often predicting recessions 6-9 months before they hit (a principle known as Dow Theory). We discuss what the 2007-2008 financial crisis can teach us, why consumer spending is masking deeper problems, and most importantly—what you should do right now as a business owner or entrepreneur.

Questions This Episode Answers:

What's the disconnect between AI stock speculation (Mag-7) and the goods-producing economy?

__________________________

Love it or hate it, I'd love your feedback.

Please fill out this brief survey with your opinion or email me at [email protected] with your thoughts.

__________________________

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Spotify: https://tinyurl.com/5avyu98y

Apple: https://tinyurl.com/bdxbr284

YouTube: https://tinyurl.com/nikonomicsYT

__________________________

This week we covered:
00:00 Economic Growth and Market Predictions

02:53 Logistics and Supply Chain Insights

05:45 The State of the Goods Economy

09:04 Job Market and Employment Trends

11:59 Small Business Strategies in a Downturn

14:55 Opportunities in a Recession

18:09 The Role of Government and Economic Policy

21:03 Future Market Predictions and Indicators

23:57 The Impact of Freight on the Economy

26:49 Understanding Supply Chain Dynamics

30:08 Cultural and Historical Context of Logistics

33:03 Conclusion and Key Takeaways

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Join me, Nik (https://x.com/CoFoundersNik), as I interview Elizabeth Knopf (https://x.com/leveragedupside) about the biggest AI tools updates of 2025.

I was incredibly excited to sit down with Liz this week because OpenAI just dropped massive updates, including ChatGPT 5, OpenAI Pulse, and the game-changing Sora 2 AI video generator. We dive straight into Sora 2, a revolutionary AI video generation tool and text-to-video AI platform that's disrupting content creation for entrepreneurs and small business owners.

We discuss how Sora 2 creates stunningly accurate AI digital clones and AI avatars of yourself from just five seconds of video—no expensive equipment or video editing software needed. This AI cloning technology is lightyears ahead of older AI video tools like HeyGen, Synthesia, and D-ID.

We analyze OpenAI's genius product launch strategy and growth hacking tactics, using an invite-only system and leaning on Sam Altman for founder marketing and personal branding, creating immediate scarcity marketing and viral growth that could launch a totally new AI social media platform and AI content platform to compete with TikTok, Instagram Reels, and YouTube Shorts.

Next, we switch gears to Anthropic's major updates for Claude AI. I was shocked to see the new Claude Chrome extension and Claude browser integration, which allows the AI assistant to analyze web pages, scrape data, automate browser workflows, and perform real-time automation tasks like a virtual assistant. This is perfect for business automation, data entry automation, and workflow optimization for first-time entrepreneurs building their online business.

Finally, Liz demonstrates Claude Sonnet 4.5's ability to generate professional PowerPoint presentations, pitch decks for startups, and perfectly formatted CSV files and Excel spreadsheets directly from complex data sources and PDF documents. This eliminates tons of manual data entry and grunt work for any business owner, solopreneur, or content creator trying to scale to their first million dollars.

Questions This Episode Answers:

How did OpenAI use scarcity marketing and social media strategy to achieve a massive viral product launch for Sora 2 AI?

How does the Sora 2 Cameo feature create highly realistic AI digital clones and deepfake avatars faster than previous AI video generation tools like HeyGen, Runway ML, and Pika Labs?

How can small business owners and entrepreneurs leverage the new Claude Chrome extension for real-time browser automation, web scraping, data extraction, and workflow automation directly in Google Chrome?

What makes Sora 2's inversion of AI technology into an entertainment platform and social network a "paradigm shift" compared to traditional marketing-focused AI tools and B2B SaaS products?

How does the updated Claude AI model now generate high-quality PowerPoint decks, business presentations, and structured CSV data exports from complex PDF files and financial documents for business intelligence and data analysis?

__________________________

Love it or hate it, I'd love your feedback.

Please fill out this brief survey with your opinion or email me at [email protected] with your thoughts.

__________________________

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YouTube: https://tinyurl.com/nikonomicsYT

__________________________

This week we covered:

00:00 The Rise of AI Automation

13:45 Sora: A New Era in Content Creation

24:00 Claude's New Features and Updates

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Join me, Nik (https://x.com/CoFoundersNik), as I interview Taylor Jones (https://x.com/MrJonesSTRs), the founder of strsearch.com.

Have you ever wondered if short-term rentals (STRs) are as passive as they seem? I used to think so, but Taylor completely changed my perspective. He breaks down how he went from a sales guy to overseeing over $120 million in STR investments by treating it not as a real estate game, but as an operations business.

We dive into his first investment—a cabin in the North Georgia mountains that he bought having never owned real estate before—and how it generated $22,000 in cash flow its first year.

Taylor reveals the critical mistakes he made, the lessons he learned about market supply and demand, and how a single amenity like a pickleball court can add $40,000 to your annual revenue.

We also get into the incredible tax benefits and how STRs can offer active losses to offset your regular income, something I wish I'd known sooner.

Questions This Episode Answers:

• How can a single pickleball court add over $40,000 in annual revenue to an Airbnb?

• Why is a short-term rental business more about operations than real estate?

• How can you use short-term rentals to legally reduce your taxable income?

• What is the biggest mistake new STR investors make when choosing a property?

• Why are large-group rentals and small, romantic getaways the hottest trends right now?

Enjoy the conversation!

__________________________

Love it or hate it, I'd love your feedback.

Please fill out this brief survey with your opinion or email me at [email protected] with your thoughts.

__________________________

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Apple: https://tinyurl.com/bdxbr284

YouTube: https://tinyurl.com/nikonomicsYT

__________________________

This week we covered:
00:00 The Allure of Short-Term Rentals

02:55 Understanding the Operations Behind STRs

05:42 The Journey into Real Estate Investment

09:00 Lessons from Early Investments

12:09 Scaling Up: From One to Multiple Properties

14:56 Market Dynamics and Supply-Demand Imbalances

18:11 Navigating the Real Estate Landscape

20:55 Investment Strategies for Success

26:00 Understanding Market Dynamics and Profitability

30:13 Revenue Estimation and Occupancy Rates

33:25 Tax Implications and Depreciation Strategies

40:27 Investment Strategies for Short-Term Rentals

47:31 Advice for New Investors in Short-Term Rentals

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Join me, Nik (https://x.com/CoFoundersNik), as I interview Mike Hoffman (https://x.com/mrpassive). Ever wonder if you can actually create enough passive income to quit your job? In this episode, I talk with Mike, who went from being a college coach to living off the cash flow from his assets in just a few years.

He shares how an observation at an airport led him down the rabbit hole of unattended retail and the vending machine business. We get into the nitty-gritty of what "passive" really means. Mike explains how he started by servicing his first machine himself (literally buying snacks at Costco with his daughter in the shopping cart) and built the systems that allowed him to scale to over 60 machines.

He also reveals how the vending industry is being disrupted by new technology like micro markets and AI, creating huge opportunities for new entrepreneurs.

Questions This Episode Answers:

• How can a vending machine business generate enough income to replace a full-time job?

• What does it really take to make a "passive" income stream truly passive?

• How can you start a vending machine business with no money down?

• Where are the best, most profitable locations to place a vending machine?

• How is new technology like AI and micro markets changing the vending industry?

Enjoy the conversation!

__________________________

Love it or hate it, I'd love your feedback.

Please fill out this brief survey with your opinion or email me at [email protected] with your thoughts.

__________________________

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YouTube: https://tinyurl.com/nikonomicsYT

__________________________

This week we covered:

00:00 Highlights

01:02 Meet Mike Hoffman: The Passive Income Expert

02:36 Mike's Journey from Coach to Entrepreneur

03:27 Diverse Income Streams: Real Estate, Vending, and More

04:22 Challenges and Strategies in Crypto Mining

07:03 Building a Passive Income Empire

09:35 The Vending Machine Business Model

12:40 Scaling and Systematizing Vending Operations

18:59 Community and Coaching for Aspiring Entrepreneurs

20:29 The Disruption in the Vending Machine Industry

21:18 Real Estate and Vending Machines: A Parallel

21:48 Expanding Vending Routes in Chicago

22:41 Building a Vending Community

23:24 The Business Model and Revenue Streams

24:25 Challenges and Opportunities in Vending

33:34 Innovative Vending Solutions

37:12 Future of Vending and Micro Markets

37:44 Rapid Fire Questions and Insights

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Join me, Nik (https://x.com/CoFoundersNik), as I sit down with Trenton Hughes and Chris Munn for a jam-packed episode where we cover everything an entrepreneur needs to know right now.

We kick things off by debating which AI tools are worth paying for, from ChatGPT and Claude to Grok, and discuss how AI might soon replace your doctor.

Then, we dive into the new "big beautiful bill" and what its tax changes mean for you. I'll share why the accelerated depreciation clause is a "massive boon" for entrepreneurs and how you can leverage it by investing in real estate like car washes or storage facilities to potentially pay zero in taxes.

We also break down the confusing new rules on tips and overtime and why we think tipping should be abolished altogether.

Finally, we explore why smart salespeople are ditching Zoom for in-person meetings to close bigger deals.

Questions This Episode Answers

1. Which AI tools are essential for business owners today?

2. How can entrepreneurs use accelerated depreciation to save big on taxes?

3. Will the new tax bill really eliminate taxes on tips and overtime?

4. Why are successful salespeople returning to in-person meetings?

5. Is it a good time for business owners to invest in real estate?

Enjoy the conversation!

__________________________

Love it or hate it, I'd love your feedback.

Please fill out this brief survey with your opinion or email me at [email protected] with your thoughts.

__________________________

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Spotify: https://tinyurl.com/5avyu98y

Apple: https://tinyurl.com/bdxbr284

YouTube: https://tinyurl.com/nikonomicsYT

__________________________

This week we covered:

00:00 Exploring AI Services and Their Impact

10:19 Navigating the Big Beautiful Bill and Real Estate Investment

22:51 Understanding Tax Deductions on Overtime

29:05 The Complexity of Overtime Tax Deductions

35:35 The Shift Back to In-Person Sales

39:49 The Return of Business Travel

44:24 Growing the Podcast Audience