Nikonomics - The Economics of Small Business
My mom always told me "There's no such thing as a dumb question... Only dumb people!"
What she meant was that those who DON'T ask questions are the dumb ones! At least, that's what makes me feel better about asking so many questions :)
I've bought, run & sold dozens of companies in the SMB space, with multiple 7-figure exits. Over the past 5 years my companies have generated over $100M of revenue and Millions of dollars of shareholder value.
Now I let my curiosity drive as I interview Entrepreneurs and ask them to walk me through how their businesses work.
Nikonomics is a place for curious Entrepreneurs and Wantraprenuers hungry to learn. So come join our big group of DUMB people, ask some questions and maybe we will learn a thing or two together.
Follow me on Twitter here: https://twitter.com/CoFoundersNik or @CoFoundersNik
Nikonomics - The Economics of Small Business
41 - Training 1500+ People to Grow Their Own Home Services Biz with Johnny Robinson
Join me, Nik ( https://x.com/CoFoundersNik ), as I talk with Johnny Robinson ( https://x.com/SqueegeeGod ), the founder of Home Service Academy. We discuss how Johnny successfully built and scaled a house cleaning business from scratch to $2.8 million in top-line revenue and $1.5 million in profit within the first nine months. Johnny shares insights into his journey from window cleaning in Orange County to launching Home Service Academy, which trains and supports entrepreneurs in starting their own cleaning businesses.
He also talks about the financial strategies and operational decisions that have helped his students generate significant revenue. The conversation explores the challenges and rewards of running a course-based business and Johnny's future plans for potentially acquiring students' businesses to form a larger enterprise.
Questions this Episode Answers:
How did Johnny Robinson grow his cleaning business to $20K monthly revenue quickly?
What are the key steps to launching a successful home service business?
How important is social media for generating leads in a new business?
What challenges do entrepreneurs face in the home service industry?
How can a business transition from employees to contractors for better profitability?
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This week we covered:
00:17 Introducing
02:20 Johnny's Business Journey
03:19 From Window Cleaning to Home Service Academy
05:01 Launching the Cleaning Business
11:38 Building the Home Service Academy
14:15 Scaling and Marketing Strategies
19:38 Introduction to Hitting Strategies
19:59 Entrepreneurial Journey and Strategies
21:00 First Year Revenue and Profit
21:43 Market Changes and Business Challenges
23:09 Crypto Business Experience
25:20 Course Business Insights
27:29 Franchising vs. Corporate Ownership
30:15 Expansion and Acquisition Strategies
34:18 Rapid Fire Questions
39:15 Conclusion and Final Thoughts
