Nick Huber
๐ค SpeakerAppearances Over Time
Podcast Appearances
I'm going to grow to five, eight, 10 companies and the synergies and all this stuff.
I think you really got to know your shit to run more than one company.
And the majority of people that I know who run more than one company, they ran just one company for a long time, made it really good, made it really profitable, learned how to build executive teams, learned how to build compensation plans, learned how to work the funnel and convert at the highest rate all the way down the funnel.
If you don't know those things and you start going around buying different companies, especially if you use leverage, borrow money to do it, buy companies, whatever it might be,
things can go really wrong really quick because unlike real estate, which was my first business where you get a couple of clients in and they pay rent every single month, operating companies, man, you can have massive swings in revenue and profit.
So yeah, I think everybody thinks it's cool.
Another thing about it is you just solve freaking problems all the time.
Like the biggest problems in each individual company bubble up and come to you.
So yeah, I don't know.
I'm like,
When I look at some of the wealthiest people I know, some of the wealthiest people that you've had on your pod, almost all of them focused on one thing and made that one thing really big.
So I think there's something to that.
Yeah, I think it's really easy to get excited about something and jump in and be delusionally focused on one thing for one year, even two years, whether it's business, a certain idea, your physical health.
I know people who are either running a marathon and cutting calories and super fit and super clean and super healthy, or they're totally falling off the rails and doing the opposite while they're focused on something else.
Um, it's kind of sexy to just jump in and be totally I'm all obsessed with something The people who win are like even keel.
Maybe they're not working 70 80 hours a week Maybe they work 50 hours every single week for their whole career or even 20 30 40, whatever it is But it's hard.
It's hard to stay excited about something for a long time Without getting burnt out But I think it's a superpower like if you can be even keeled Um
in all areas of life, I'm not just talking about business, but mostly business.
If you can just keep from gaining weight up the first time, it can be a lot easier to stay healthy the rest of your life.
You can just stay focused on one business or a certain way that you do things and, you know, get after it.