Get my 12 favorite biz ideas for 2024, with full launch plans included here: https://tkopod.co/youtubeD HoldCo Bros are back! @NikonomicsPodcast and I talk about perfume vending machine business we accidentally fell into, how it went viral on Instagram, and what happened behind the scenes. We also touch on Ponzi schemes, the boy band business in the nineties, and the complexities of investor relationships and entrepreneurship. Enjoy and see you next Friday! Learn more about Nik: https://linktr.ee/cofoundersnik Timestamps below. Enjoy! --- Audio podcast on all podcast platforms: https://toolkit.tkopod.com/podcast Free weekly business ideas newsletter: https://tkopod.com Private community where we build cool businesses together: https://TKOwners.com Learn more about me: https://www.chrisjkoerner.com/ Business ideas shorts channel: ⁨@thekoernerofficeideas⁩ (https://studio.youtube.com/channel/UCzjpCGEXR7BU-_SJSl59CGQ) The Koerner Office highlights: ⁨@thekoernerofficesegments⁩ (https://studio.youtube.com/channel/UCYEzHNmI-1oIqimmOnul_fg) AI-enabled accounting software, because Quickbooks SUCKS: https://lazybooks.com/ --- 00:00 Opening Highlight 01:28 The Unexpected Business Venture 02:54 From Idea to Execution 04:55 Automation and Lead Generation 07:54 Negotiating with the Manufacturer 13:04 LinkedIn DM Woes 14:39 A New Business Opportunity 21:09 Documentary Recommendation 21:37 Dirty Pop: The Dark Side of Boy Bands 22:24 Lou Pearlman: The Man Behind the Bands 23:28 The Rise and Fall of Boy Bands 24:46 The Business of Boy Bands 26:10 The Ethics of Business and Fraud 28:39 The Stress of Success 36:08 Ponzi Schemes and the Slippery Slope --- For the algorithm: #PerfumeVendingMachines #ViralMarketing #Entrepreneurship #SideHustle #BusinessOpportunity #VendingMachines #ProductLaunch #StartupJourney #BusinessGrowth #SalesStrategy #MarketingTactics #Opportunist #BusinessDevelopment #ViralSuccess #InstagramMarketing #TikTokMarketing #Ecommerce #LeadGeneration #AutomationTools #Zapier #OnlineBusiness #SmallBusiness #StartupSuccess #EntrepreneurialMindset #InnovativeIdeas #VendingMachineBusiness #DigitalMarketing #BusinessInnovation #NewBusinessIdea #SalesLeads #BusinessExpansion #OnlineSales #SocialMediaMarketing #BusinessStrategy #StartupLife #ViralVideo #BusinessOpportunities #EcommerceBusiness #OnlineMarketing #ProductDistribution #BusinessTips #BusinessMentorship #MarketingStrategy #DigitalEntrepreneur #StartupCommunity #OnlineLeadGeneration #EntrepreneurLife