HoldCo Bros are back! Nik and I break down why print shops, despite being capex heavy and often ignored, are actually goldmines. We also talk about starting a GPO (Group Purchasing Organization) for niche industries and how to make money selling pricey widgets to airline manufacturers because you have to be FAA registered.

Learn more about Nik here:
http://linktr.ee/cofoundersnik

Timestamps below. Enjoy!

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00:00 Highlights
01:02 Introduction to the Boomer Businessman
01:42 Challenges of Running a Print Shop
02:11 Innovating the Print Shop Business
03:06 The Interactive Website Solution
04:47 Exploring New Business Ideas
09:24 Lead Generation and Ethical Bait Switching
15:22 Validating Business Demand
22:22 Recap of Business Ideas
23:08 Challenges in Healthcare Negotiations
27:27 Group Purchasing Organizations (GPOs)
34:04 Innovative Product in the RV Industry
35:46 Framework for Idea Validation and Distribution
39:15 Leveraging Insider Knowledge for Business Ideas
43:47 Conclusion and Final Thoughts

I sat down with Heather Torres, the founder of Porch Pumpkins, who has literally invented an industry. In this episode, we talk about how she turned decorating porches with pumpkins into a thriving business. We cover everything from her profit margins and gross revenue to her customer base and logistics strategy. Heather shares how she finds customers, what an average customer looks like, and how she would navigate if a recession came.

Learn more about Heather Torres here:
https://linktr.ee/porchpumpkins

Timestamps below. Enjoy!

---
Watch this on YouTube instead here: tkopod.co/p-yt
Ask me a question on or off the show here: http://tkopod.co/p-ask
Learn more about me: http://tkopod.co/p-cjk
Learn about my company: http://tkopod.co/p-cof
Follow me on Twitter here: http://tkopod.co/p-x
Free weekly business ideas newsletter: http://tkopod.co/p-nl
Share this podcast: http://tkopod.co/p-all
Scrape small business data: http://tkopod.co/p-os
---
00:00 Highlights_Introduction to Porch Pumpkins
00:36 Meeting Heather Torres
02:03 The Birth of Porch Pumpkins
03:31 From Instagram to Business
07:34 Scaling the Business
13:26 The Power of Moms in Business
15:26 Challenges and Growth
18:16 The Future of Porch Pumpkins
24:19 Target Market and Customer Segments
25:14 Popular Packages and Profitability
26:57 Business Margins and Efficiency
31:54 Handling Growth and Economic Concerns
38:56 Dealing with Imitation and Intellectual Property
42:24 Future Plans and Seasonal Operations
46:16 Conclusion and Contact Information

I sat down with Mitchell Sorkin, the ATM guy from Twitter. He owns 900 ATMs across Los Angeles, bringing in $864,000 a year in net profit. We talk about how he bought these locations rather than using cold calling to get them, and why this is an approachable business for anyone. The multiples are much lower than you'd think, making it a great opportunity in a well-established industry.

At the end, we talk about few different business ideas beyond the ATM industry, including a unique AI business idea that you probably haven’t heard of.

Timestamps below. Enjoy!

---
Watch this on YouTube instead here: tkopod.co/p-yt
Ask me a question on or off the show here: http://tkopod.co/p-ask
Learn more about me: http://tkopod.co/p-cjk
Learn about my company: http://tkopod.co/p-cof
Follow me on Twitter here: http://tkopod.co/p-x
Free weekly business ideas newsletter: http://tkopod.co/p-nl
Share this podcast: http://tkopod.co/p-all
Scrape small business data: http://tkopod.co/p-os
---
00:00 Highlights
00:14 Introduction to Business Ideas and ATMs
01:12 Meet Mitchell: The ATM Guy
01:48 Starting Small: The First ATM Deal
02:35 Scaling Up: From 3 to 900 ATMs
04:45 Challenges and Strategies in the ATM Business
06:18 The Importance of Location and Contracts
16:25 Revenue and Margins in the ATM Industry
17:44 Acquisition Strategies and Market Insights
20:12 The Best ATM Locations: A Case Study
24:09 Managing High-Volume ATMs
25:06 Cash Loading Strategies
26:40 Surprising ATM Locations
28:19 Dealing with Theft and Insurance
29:25 Challenges in the ATM Business
31:00 Advice for Aspiring ATM Owners
32:51 Future Plans and Market Insights
36:22 Exploring New Business Ideas
38:54 Diving into Comfy UI
44:14 Resources and Tools for Comfy UI
46:57 Conclusion and Contact Information