99 - How To Start A Business With No Money: College Tuition Negotiation, Local Concierge & More with Chris Koerner

Nikonomics - The Economics of Small Business

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Join me, Nik (https://x.com/CoFoundersNik), and my business partner Chris Koerner (https://x.com/mhp_guy), as we dive into another episode of HoldCo Bros! Chris and I have generated over $100 million across our companies, and every week we get together to brainstorm new business ideas and share insights into our businesses.
In this episode, we explore college tuition negotiation and how to offer it as a service to save thousands for families and build a profitable business. Next, we talk about the idea of a local concierge service, catering to parents of college students, especially at SEC schools. It’s like an insurance policy for peace of mind. Finally, we discuss creative solutions for dead inventory, transforming surplus stock into revenue-generating opportunities.

Chris's YouTube: http://tkopod.co/p-yt
Questions this Episode Answers:

• How can you turn college tuition negotiation into a profitable service that solves a major financial pain point for families?
• What makes the "Dean's List" local concierge service a unique business opportunity for targeting parents of college students?
• What are the best strategies for turning dead inventory into a thriving revenue stream?
• Why are niche services like these great opportunities for first-time business owners?

Enjoy the conversation!
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This week we covered:
00:00 Highlights
00:35 Introduction: The Untapped Potential of Negotiating College Tuition
01:33 Exploring the Concept: Why Isn't Tuition Negotiation More Popular?
03:14 The Business Opportunity: Tuition Negotiation as a Service
05:28 Strategies for Negotiating Tuition
11:12 Case Study: A Friend's Apparel Business Venture
17:45 Creative Ideas for T-Shirt Designs
19:00 The Success Story of 'God is Dope'
20:17 Marketing Strategies for T-Shirt Brands
23:59 The University Concierge Service Idea
30:20 Evaluating Business Ideas: Marry, Date, or Kill
33:46 Conclusion and Final Thoughts