“The key to success in entrepreneurship is finding and hiring spectacular people.”

☝️ bullshit advice.

The key to success is building a company that can thrive with perfectly average folks.

Finding and motivating great people is the cherry on top.
Business owners sit around and complain about how hard it is to find “great people”.

How hard are you working to recruit?

How much are you spending on advertising and bonuses to attract?
And the big one:

Do you really expect somebody who cares about your biz like you do to walk through the door?

You’re looking for unicorns! They do not exist!

Nobody knows or cares about your biz like you do.
We’re in a tight labor market. I get it.

But guess what?

Everybody is dealing with it.

How do the big players in your town find talent?

They work at it and they build a process.
And if your employees suck at their job, it’s not their fault, it’s yours!

Simplify the job. Standardize the job.

Employees want direction and structure and the tools to succeed.

Autonomy sounds awesome - for small biz owners that means “disorganization” 99% of the time.
You will never grow and you will never succeed if you walk around complaining about your employees.

Want to win?

Build a system to recruit them and build a system that allows them to succeed.

Oh, and raise your damn prices so you can pay them 10-20% above market.
Truth bombs for the frustrated, understaffed small biz owner:

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More from @sweatystartup

27 Apr
I got into smoking cigars last summer and I've spent a ton of time since then researching and tasting.

What I love most is the 45 minutes alone with my thoughts or in a lively discussion with a friend.

Its a form of meditation for me.

If you're interested, heres what I know:
The best time to smoke a cigar is while reading or writing for me.

It gets the creative juices flowing.

Make sure to eat beforehand and drink water (or soda) to avoid tobacco sickness early on, or pair with a great bourbon or scotch on a weekend evening.
It's not very expensive unless you want it to be.

You can find amazing $5 cigars online with free shipping.

I use cigarpage dot com and my favorite "starter cigar" is H. Upmann's Vintage Cameroon or the Perdomo Reserve Champaign. Light, smooth, intricate, burns great, and $5-7.
Read 11 tweets
24 Apr
A career is like a series of games.

The key to winning is taking a step back early on and figuring out which game is worth playing and which one isn’t.

Too many people play the wrong games with stiff competition and shitty prizes and wonder why it’s hard af to get ahead.
How do you assess what games are worth playing?

Is your goal to make money and so you can quit trading your time for money as soon as possible?

Then ask yourself a series of questions:
Is this game fun to play?

If so, you’ll get a lot of people playing the game for fun and not for money.

And it likely adds value to you and doesn’t add much value to others.

People play it for selfish reasons.
Read 17 tweets
23 Apr
A thread on how to turn $100 into a lot more:

People are spending a lot of money on their homes right now. Its time to go get some of that money and help out some of these people.

Sound silly? Good.

It really is this simple sometimes.

Lets go 👇
Get on your computer and buy a web domain.

Get a freelancer (upwork or fiverr) to make you a logo/flyer and get $45 worth of flyers printed at your local print shop.

Buy a box of sidewalk chalk if you really want to grind and get gritty.
Go downtown with the sidewalk chalk and write “pressure washing and home cleaning 888-555-1234” as many times as you can in high traffic areas.

Go to a middle class or high end neighborhood and hand out flyers on porches and wherever else.
Read 18 tweets
22 Apr
75% of people don’t work towards any long term goals.

Going through the motions to get paid next Friday, pick kids up from school, a few beers on the couch each night.

It’s a great way to watch 10 years pass without growing as a human at all.
Didn’t think I’d get so much heat for this one.

I’m a privileged jerk! Unfollow me now!
Side note:

Twitter is the most fun between 1-10k followers.

From there the opportunity goes up and the enjoyment goes way down
Read 8 tweets
22 Apr
3.3 million square feet of self storage was developed in greater NYC over the last 12 months.

Self storage under construction or in planning equal 17.7% of current supply on the market.

The amount of new development right now is insane.
The reason is simple:

The appetite for storage from institutional investors has never been stronger.

These developers are 2xing their money when they sell at certificate of occupancy.

We’re talking 4.5 caps on pro forma numbers.
Lease it up 50%?

4 cap on pro forma and a few more million.

Fully leased group of 4 properties in major metros?

3 cap and under.

Insane debt terms too on the commercial markets.
Read 6 tweets
21 Apr
If you tuned in for the webinar that @fortworthchris and I hosted a few weeks back, you know how big of a deal he is when it comes to real estate.

Tomorrow we're hosting a live AMA using a pretty neat software that allows you to get in line and ask a live question.
Here's the link to register and tune in:

hotline.co/nickhuber
Here's what to expect as far as format goes:

Read 4 tweets

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