186. How to Turn a Hobby Into a High-Margin Business
David Silberman has always been passionate about ping pong. Until he realized something. No matter where he goes, ping pong players typically only have two options for a place to play: either at overpriced bars or run-down dojos.This made David realize there is a huge opportunity in this niche market. What if he can provide an alternative for the ping pong players? A place that offers more value for them at a fraction of the price.In this interview, David sits down with Ryan Atkinson to talk about his journey in growing PingPod, a self-serving ping pong establishment that runs without any onsite staff. How? by utilizing smart tech and innovative product development. David also shares how his business ideas came about, how he invested in software development to automate his business, and the systems that he uses to make sure his business runs on autopilot. Whether you're an aspiring entrepreneur or a business owner looking to innovate and scale, this episode is packed with actionable insights you don't want to missTakeaways- Ping Pod started as a response to a lack of accessible ping pong venues.- The initial MVP was a pop-up in Manhattan that validated the business idea.- Automation and self-service are key to reducing overhead costs.- Launching during the pandemic presented unique challenges but also opportunities.- Understanding supply and demand dynamics is crucial for niche businesses.- Building your own technology can enhance operational efficiency.- Community building is a rewarding aspect of running a business.- Franchising offers a way to scale while maintaining brand integrity.- It's important to balance passion with smart business decisions.- Success in entrepreneurship requires hard work and a bit of luck.Tags: Sporting Goods, Niche Markets, Business Ideas, Product Development, Passive Income, Software DevelopmentResources:Start Your Business Today: https://links.upflip.com/43cKzdo Connect with David: https://www.instagram.com/dsilby/?hl=en
--------
30:19
185. This Mindset Took Him from a Used Van to a $100M Company
Josh York has always been passionate about fitness. One day, while working as a fitness trainer, he realized that there is one common pitfall that prevents most people from achieving their fitness goal - a lot of people are just too busy to find time to go to the gym. Then, it hits him. Why doesn’t he put gym equipment in a van and bring it to the customers instead? This way, people can get high-quality personal training from anywhere they want! A lot of successful people told him his business idea was stupid and full of holes. But that never stopped Josh from pursuing his passion. Now, GYMGUYZ is the fastest-growing personal fitness brand, with more than 250 locations generating over $100M in revenue each year.In this interview, Josh sits down with Ryan Atkinson to talk about the business mindset, leadership quality, and networking skills you need to grow your business. They also talk about how pain & discomfort are crucial to building your mental strength, how to deal with self-doubt, and how to find the courage to start. Just like Josh, a lot of us are sitting down with business ideas and never really find the guts to execute them. Maybe this is the last piece of motivation that we need.Takeaways- Josh started Gym Guys with a van and workout gear.- The concept was to bring fitness to clients' locations.- Initial marketing involved old-school methods like handing out flyers.- Building relationships was key to acquiring clients.- Fortune favors the bold; taking action is crucial.- Mistakes are valuable lessons in entrepreneurship.- Franchising began after seven years of operation.- Pain and resilience are essential for success.- Experiencing discomfort helps build mental strength.- Focus on the process, not just the end result.Tags: Business Mindset, Service & Consulting, Business Ideas, Business Leadership, Personal Fitness, NetworkingResources:Start Your Business Today: https://links.upflip.com/4d8Hxvy Connect with Josh: https://franchise.upflip.com/gym-guyz/
--------
24:57
184. The Playbook to Make $150,000/month with Content Creation
Corbin White once dreamed of becoming a millionaire by the time he is 30. But at 27, he was so far off-track from that dream. So, he decided to start creating content as a side hustle.His first TikTok video unexpectedly gained traction, motivating him to continue creating content. 3 Years later, his contents are generating $150,000/month in revenue with a 90% profit margin! Helping him fulfill his dream just in the nick of time. In this interview, Corbin sits down with Ryan Atkinson to talk about how to grow your content creation journey, a low-cost way to start your content creation journey and earn some passive income, the importance of affiliate marketing for content creators, and digital marketing strategies that you can apply to your online business. If you ever dream of getting into the content creation business, this interview will give you some blueprints you can use to help you in your journey!Takeaways- Corbin started creating content to achieve his goal of becoming a millionaire by 30.- His first TikTok video unexpectedly gained traction, motivating him to continue creating content.- Consistency and passion for content creation can lead to success and growth.- Affiliate marketing is a significant revenue stream for content creators.- Choosing the right niche and products is crucial for monetization.- Mindset shifts can help entrepreneurs break through financial barriers.- Technical setup for content creation can be simple and low-cost.- Researching trending products can lead to successful affiliate marketing opportunities.- Building a brand requires authenticity and engagement with the audience.- Asking 'how can I?' opens up possibilities for aspiring entrepreneurs.Tags: Online Business, Tech Ventures, Digital Marketing, Affiliate Marketing, Side Hustle, Passive Income, Content CreationResources:Start Your Business Today: https://links.upflip.com/4cRcUu5 Connect with Corbin: https://www.instagram.com/zocomarketing/?hl=en
--------
28:03
183. How to Acquire Profitable Small Businesses With a $0 Down Payment
Ben Kelly thought landing his JP Morgan job would give him everything he wanted—until he realized his six-figure salary came at a cost. 6-day workweeks and a lot of wasted moments with his family. Not wanting to sacrifice more time with his loved ones, Ben began planning his exit. Then, he made a crucial discovery: His wealthiest clients built their fortunes not through corporate jobs, but by acquiring small businesses. This revelation sparked his interest in business acquisition. He decided to purchase a small business and run it as a side hustle. Now, his portfolio is generating more than $70,000 a month in passive income!In this interview, Ben sits down with Ryan Atkinson to talk about his business acquisition strategies, ways to get business loans and secure business funding, risk management and how to structure your business to maximize your free time. Whether you're just starting or scaling your investments, this interview will equip you with the strategies you need to get the life you deserve.Takeaways- Ben Kelly transitioned from a corporate job to entrepreneurship.- He realized the importance of time freedom after witnessing a colleague's experience.- His first acquisition was made while still working full-time.- Partnerships can be a key growth strategy for businesses.- Boring businesses are recession-resistant and have recurring revenue.- Identifying momentum in a business can lead to significant growth.- Cold outreach via email can be an effective way to find acquisition opportunities.- Self-evaluation is crucial before pursuing a business acquisition.- Understanding financing options is essential for potential buyers.- The SBA loan process can take 60 to 90 days to close. The first 90 days after acquisition should focus on learning.- Building rapport with the team is crucial post-acquisition.- Evaluate franchises like independent businesses.- Clean financials are essential for any acquisition.- Consider professional services for high margins.- Acquisitions should not rely solely on the seller's management.- Having a general manager in place reduces risk.- Franchises can offer stability but require careful evaluation.- Networking is key to finding reliable operating partners.- Boring businesses can be lucrative opportunities.Tags: Business Buying, Entrepreneurship, Business Loan, Passive Income, Side Hustle, Business FundingResources:Start Your Business Today: https://links.upflip.com/3Y8L1rD Connect with Ben: https://www.instagram.com/benkellyone/?hl=en
--------
30:29
182. From High School Dropout to $2M/year
Joshua Brown’s childhood is far from easy. Growing up without any father figure in a struggling Nashville neighborhood, rampant drug use and lack of economic opportunities were something that he witnessed every day. Before he knew it, he got looped into drug-dealing activities and got kicked out of high school, without any clear future in sight. Until one day, a car crash made him evaluate his life decisions. Starting as a side hustle, he entered the home service business and vowed to turn his life around. Now, his pressure-washing business is generating $2 million in revenue.In this interview, Joshua sits down with Ryan to talk about his journey in the pressure washing industry, how to find your ‘why’ before you start in your entrepreneurship journey, how to adjust your marketing strategy depending on your personality, and how the importance of understanding local SEO in the current business landscape. Joshua wants us to know that no matter where we are, it’s never too late to turn our life around.Takeaways- Joshua's life changed after a car crash at 19.- He found purpose after realizing he was making no impact.- Starting a business requires a strong 'why'.- Core values are essential for building a brand.- Customer acquisition strategies evolve with business growth.- You can always start as a side-hustle to know if you are cut out for the indsutry- Building relationships is key to success in business.- Every job should aim for a five-star review.- Self-reflection is crucial for identifying one's purpose.- Entrepreneurs must take risks to succeed.- It is important to understand your personality to determine your strategy- Understanding Local SEO is important in current business landscape- Treating others well is fundamental in business. Tags: Pressure Washing, Retail Goods, Side Hustle, Local SEO, Entrepreneurship, Home ServiceResources:Start Your Business Today: https://links.upflip.com/44mJsKi Connect with Joshua: https://www.instagram.com/brownspressurewashing/?hl=en
The UpFlip podcast is where you get to unravel how great businesses are built, how they are run behind the scenes, and how their success can be replicated. We feed on the idea that no matter what the circumstances are, the American Dream is still just around the corner. With over 150+ videos and 50 million views on YouTube, UpFlip has ignited the spark that rekindles the fire of entrepreneurship in its ever-growing 700K+ audience. Through this podcast, we aim at sharing practical nuggets of gold and brilliant advice with you by making knowledge more accessible. For more information about us and our services, please visit https://www.upflip.com.
Canada - english