The Next Generation

Any time is a good time to start a company. In this episode, I talked with Nathan Resnick who started young as 15 for being a businessman and entrepreneur. After graduating college in 2017, he founded Sourcify - an international sourcing company that has remarkably brought approximately 10% of savings on costs and production to hundreds of brands around the world.

Nathan Resnick is the founder and CEO of Sourcify, a platform that simplifies manufacturing. Throughout his career, he has developed dozens of products. He’s now running his 8 figure company Sourcify and Bubble Hotel. In this episode, we discussed hows the supply chain internationally during pandemics, his a venture into real estate, and many more. 

Quotable Quotes:

"We're always looking to help our customers cut costs, while also improving quality and lead time. So those are kind of the three main pillars, we look at cost, quality, and lead time. (15:17)

“I was never a good writer, like, I got to actually D in English. My junior year of high school, I was like, so bad in English class, my teacher was like; “Hey never going to publish, never going to be an author or whatever.” (11:08)

“In real estate, in general, it's all about finding the deal. You know, it doesn't matter if you're doing duplexes doesn't matter. If you're doing storage units, it's literally all about finding the deal.” (29:10)

Don’t Miss:

Connect with Nathan:

LinkedIn

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For the past series of episodes, we had amazing people with small businesses, real estate, software, and other forms of entrepreneurship. We're excited to bring you Oliver Brocato, a 20-year-old Sophomore at the University of Michigan who’s building a million-dollar sex chocolate business. 

Usually, people start off selling t-shirts or trying to build websites. Thus, Oliver's entrepreneurial venture didn’t start with sex chocolate. In this episode, we unpacked his business ventures and how Oliver come up to build a sex chocolate business. Challenges, pros, and cons of running food-based products and how they market them online in spite of community guidelines experiences, and other problems. We also discussed ways and funnels to win the marketing campaign. 

Quotes from this episode:

Don't Miss:

Connect with Oliver:

Twitter

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In this episode, we have Colin Landforce, CTO for a publicly-traded cannabis company, UnrivaledBrands. Colin has built a career hustling to build one of the biggest names in the cannabis industry and still finds time to work on miscellaneous projects from selling physical goods to even building software. He loves the play of building an agency and then building SaaS and all the systems behind it.

We discussed how Colin started becoming an entrepreneur and its challenges especially he built a Cannabis Brand where there are a lot of regulations needed to follow to operate. How to market high ticket sales like firearms amidst the digital marketing environment.

Quotes from this episode:

- Colin Landforce

Don’t miss:

Connect with Colin:

Twitter

Unrivaled Brands

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In today's episode, we are joined by Max Bidna who goes as “Marketing Max” on Twitter. Max is the previous owner of a seven-figure agency Hell’s Creative that helps brands get more out of their ad spend by generating high-performance videos and graphics to turn prospects into buyers' results averaging 4x return on their ad spend. Currently, Max is imparting hacks among entrepreneurs through GrowthHacksWeekly.com – a  weekly newsletter where he shares his best growth hacks.

We unpacked the ins and outs of building an agency including finding top talents across the globe. The system that lies in the hiring process such as screening their cover letter and interviews.

Find out more about Max here:

Website

Twitter

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In today’s episode, we are joined by Michael Girdley, an entrepreneur and investor who buys, starts, and operates companies in San Antonio, Texas. His ventures include everything from tech and software companies to coffee shops and even to fireworks. Yes, you read that right, fireworks!

Michael shares with us how he takes business concepts and turns it into reality by incubating or putting up businesses. Though he’s no longer 20-something, his age and experience have helped him amass a huge amount of wisdom and experience over the course of his career, including how his early entrepreneurial beginning led him to where he is today, the struggles he faced on that journey, and some very important lessons. Listen to find out more.

Quotes from this episode:

● “Nothing gives me more joy than that process of creating support and then supporting the right team as they go on.” (6:44)

● “That's ultimately the number one thing. How can you find that culture of people that are pursuing entrepreneurship?” (14:36)

● “What I learned over a number of years is this roller coaster, you need to make it like a sloping road that you're going up and down. Never get too high. Never get too low. I don't take the good things personally. I don't take the bad things personally. Just keep it all in perspective.” (22:37)

● “The core of every great business person is a combination of curiosity and humility.” (30:44)

-Michael Girdley

Don’t miss:

● What Michael does (1:09)

● The advantage of having an entrepreneurial family (10:30)

● Building strong and solid relationships with business partners (25:57)

● How to become a good entrepreneur (30:43)

● Sound advice from Michael (40:240)

Find out more about Michael here:

Website

LinkedIn

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Grace Gudenkauf is a 24-year-old who originally worked as a mechanical engineer then switched careers and founded Good Morning Investments, a real estate business in Eastern Iowa. In an amazing feat, Grace was able to acquire 18 rental properties, and she shares how this career change and founding a business happened accidentally, which she explains more about in this episode.

Grace talks about creative financing and what it means, the huge impact getting a mentor had on her business, mistakes she’s committed that you should avoid, and so much more. She also offers great advice for anyone who’s starting out or interested in the real estate industry such as how to find your first house and tips on negotiation and community engagement. You won’t want to miss this episode.

Quotes from this episode:

● “Do you want to do a little bit more work and hopefully get a better deal? Or do you want to take maybe a little bit of an easier way, maybe pay a little bit more, but somebody is doing a lot of that work for you? So, there's no right answer.” 8:37)

● “When I was only three months into real estate, I decided to enroll in a mentorship that was $5,000, which is a lot of money, and that exponentially grew my business.” (12:12)

● “Under promise and over deliver to yourself, to your investors, to your team.” (22:44)

● “If you're a newbie, start with a cosmetic rehab. Look for that orange shag carpet and the pink painted kitchen and the oak cabinets… That can be a great first deal to start out with.” (40:59)

-Grace Gudenkauf

Don’t miss:

● How Grace got into real estate (2:24)

● Lessons learned from her first sale (9:15)

● Creative financing (14:14)

● What you need to know before getting into real estate in Iowa (26:22)

● Streamlining operations through apps and tools (36:46)

Find out more about Good Morning Investments here:

Facebook

Connect with Grace here:

LinkedIn

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Meet Codie Sanchez, a self-made contrarian investing guru who wants to help you get rich. Codie is a reformed journalist turned investor who over the course of her career has bought and sold 66+ businesses, built x2 8 figure and x2 7 figure businesses and now runs a portfolio of 26 companies, ranging from car washes to laundromats to a paid newsletter business. It may not sound glamorous, but you can earn a healthy income from owning trailer parks. Or maybe investing in laundromats, car washes, or tiny home Airbnbs is more your speed. These are the kinds of straightforward, but perhaps overlooked money-making ideas that Codie Sanchez both practices and preaches. The 34-year-old self-made and self-styled investment expert is the co-founder of Unconventional Acquisitions, an educational provider that helps people learn how to buy small businesses. She also founded Contrarian Thinking, a newsletter that discusses investment themes and trends, as well as offering a “how-to playbook on ways to cash flow.” But she quickly shifted her professional focus from journalism to the world of high finance — working for Vanguard, Goldman Sachs and State Street, and becoming head of Latin American investments for First Trust. She also served as a partner at Entourage Effect Capital, investing in the growing cannabis industry. We caught up with Sanchez and asked her to explain a little more about what she does and how she became an investing expert. 

Connect with Codie here: 

Twitter

LinkedIn

Want to hear about new episodes? Subscribe via email and check us out on Twitter: @TheNextGenPod