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Nikonomics - The Economics of Small Business
Welcome to Nikonomics—the show for entrepreneurs and Wantrapreneurs, ready to tackle the toughest roadblocks to their first million.
Nik brings firsthand experience, having bought and sold over a dozen businesses, achieved multiple 7-figure exits, and generated over $100 million in revenue.
Each week, he blends humor with real insights from successful entrepreneurs, sharing growth strategies, deal insights, and unique business ideas you won’t find elsewhere.
Ready to turn your entrepreneurial dreams into reality? Hit play and let’s get to work.
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
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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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Please fill out this brief survey with your opinion or send me an email at Nik@cofounders.com with your thoughts.
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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