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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.
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Nikonomics - The Economics of Small Business
178 - How Facebook Ads Nearly Killed This $12.5M Brand with Hans Dose
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Join me, Nik (https://x.com/CoFoundersNik), as I interview Hans Dose (https://x.com/HansDose_Does) about his wild journey from a Shark Tank deal to building a $12.5 million business and now, launching a US manufacturing facility in California.
Hans is a real-deal entrepreneur who saw the challenges coming for e-commerce brands relying on overseas production, especially with tariffs and geopolitical risks changing the landscape. He shares how his product, Tenikle, went from struggling at $10k/month pre-filming to a massive sales spike after the Shark Tank airing.
We dive into the surprising reality of razor-thin margins in the e-commerce world, largely due to massive advertising costs. Hans explains the crucial difference between silicon and silicone, detailing why this flexible, non-toxic material is vital for countless consumer products. And he lays out his bold plan to "steal China's strategy" for efficient, small-scale production to make US manufacturing competitive again.
Questions This Episode Answers:
How did a Shark Tank deal lead to building a $12.5M business and a US factory?
Why are e-commerce margins razor-thin despite high sales?
What is silicone, and why do so many products use it?
Can US manufacturing really compete on cost with China?
Why build a factory in California instead of nearshoring?
Enjoy the conversation!
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This week we covered:
00:00 From Shark Tank to Manufacturing Success
02:59 The Importance of Silicone in E-commerce
05:56 Navigating the Challenges of Low Margins
08:50 The Shark Tank Experience: Risks and Rewards
12:11 The Rollercoaster of Business Growth
14:59 Unit Economics and Advertising Costs
17:47 Shifting Manufacturing Strategies in a Changing World
22:32 The Shift in Manufacturing Expertise
27:21 Learning from China's Manufacturing Model
30:43 Challenges of Domestic Manufacturing
36:28 Navigating the Entrepreneurial Landscape
42:48 The Future of American Manufacturing