Get my 12 favorite biz ideas for 2024, with full launch plans included here: https://tkopod.co/youtubeD HoldCo Bros are back! This week, @NikonomicsPodcast and I continue our conversation from last Friday's episode, where we talked about Skool communities, lead generation ideas, and transparency in home building. If you missed it, make sure to check out episode here: https://youtu.be/7d6tzZ_h8dI In this episode, we discuss creating products for business owners and explore how to find and capitalize on distressed business opportunities. We also talk about car negotiation as a service and the custom home building industry. I share some insights, drawing from my own experience with a startup in that space. Learn more about Nik here: http://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 Introduction and Recap 01:01 The Cost Transparency Idea 02:42 Expanding the Idea to Other Industries 04:02 Building the Database with VAs 06:03 Negotiation as a Service 15:24 AI and Automation in Business 27:15 Understanding Context Windows in AI 27:45 Prompt Engineering for AI Automation 28:02 Effective Prompt Hacks 28:20 Using AI for Content Creation 29:02 The Evolution of AI Queries 30:09 Funny Anecdotes on AI Usage 31:32 Silicon Valley Business Ideas 34:57 Buying and Reviving Distressed Businesses 36:49 Strategies for Acquiring Struggling Businesses 41:59 Marketing Tactics for Business Acquisition 47:25 Conclusion and Final Thoughts --- For the algorithm: #PricingStrategy #BusinessTransparency #LeadGenerationTips #CreatingProducts #DistressedOpportunities #CustomHomeBuilding #BusinessInsights #EntrepreneurJourney #BusinessGrowthHacks #StartupIdeas2024 #ScalingYourBusiness #InvestmentOpportunities #SmallBusinessSuccess #BusinessDevelopment #BusinessPlanning #HomeBuildingIndustry #MarketOpportunities #RealEstateInvesting #BusinessStrategy #BusinessTips2024 #BusinessMarketing #FinancialPlanning #StartupStrategies #RealEstateDevelopment #BuildingABusiness #LeadGenStrategies #SalesStrategies #RealEstateMarket #BusinessSuccess #HomeConstruction #EntrepreneurialSuccess #HighTicketSales #BusinessModels #HomeServicesIndustry #BusinessConsulting #MarketResearch #InvestmentStrategy #SmallBusinessGrowth #BusinessCoaching #MarketAnalysis #ScalingAStartup #RealEstateLeads #ServiceBusiness #EntrepreneurialGrowth #NicheMarketOpportunities #BusinessManagement #BusinessPlanningTips #RealEstateBusiness #StartupOpportunities #FinancialSuccess