HoldCo Bros are back! Nik and I are talking about business ideas and what's happening in our companies. In this episode, we discuss the business potential of Instagram's Close Friends feature, how influencers can use it to boost engagement, and how you could help.We also cover the concept of Negative COGS (Cost of Goods Sold) - acquiring products for free or how you can get paid to acquire products and then sell them- with examples like EcoScraps. We talk about a lake weed removal business started by two college students, and how they scaled up with smart social media marketing. Finally, we share ideas for home service businesses that could benefit from time-lapse video marketing to go viral.Learn more about Nik here:http://linktr.ee/cofoundersnikTimestamps below. Enjoy!---Watch this on YouTube instead here: tkopod.co/p-ytAsk me a question on or off the show here: http://tkopod.co/p-askLearn more about me: http://tkopod.co/p-cjkLearn about my company: http://tkopod.co/p-cofFollow me on Twitter here: http://tkopod.co/p-xFree weekly business ideas newsletter: http://tkopod.co/p-nlShare this podcast: http://tkopod.co/p-allScrape small business data: http://tkopod.co/p-os---00:00 Introduction01:18 Close Friends Feature on Instagram02:07 Leveraging Close Friends for Increased Engagement03:23 Monetizing the Close Friends Feature06:34 Scraping Instagram Followers for Business Opportunities11:10 Exploring Negative COGS Business Ideas15:15 The Lake Weed Removal Business17:14 Chemical-Free Pond and Lake Cleaning17:37 Going Viral on Social Media18:23 A Generous Offer18:38 Business Boom and Social Media Success20:00 Franchising and Licensing Opportunities20:21 Top 10 Media-Accelerated Home Services Businesses21:28 Pressure Washing and Pool Cleaning23:11 Home Cleaning and Tree Trimming25:24 Painting and Landscaping28:46 Window Washing and Gutter Cleaning29:10 Carpet Cleaning and Business Strategy29:49 Leveraging Social Media for Business Growth31:56 Partnering with Nationwide Franchisors

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