How to Cash in from Other Companies’ Email Lists (HoldCo Bros) Ep. #86

HoldCo Bros are back! Nik and I talk about three topics today. First, an update on our perfume vending machine business, now called Side Vending, as we expand to new vending machine concepts. It’s been a wild journey, and we’ve got some crazy stories to share.

Then, we break down the recent shutdown of a company called The Pro’s Closet and discuss how you can monetize other companies’ email lists - 300,000 email addresses that are going to waste! Finally, we talk about Negotiations as a Service, or as I like to put it, “Only eat when you eat.”

Stay tuned for Part 2 next week, where we’ll talk about GPT for Google Sheet and all the many ways you can use AI inside Excel or Google Sheets, a creative dating idea, and a business called Water Finds that we think you’ll find interesting. Be sure to share, like, and subscribe!

Learn more about Nik here: http://linktr.ee/cofoundersnik

Timestamps below. Enjoy!

---

Watch this on YouTube instead here: http://tkopod.co/p-yt

Ask me a question on or off the show here: http://tkopod.co/p-ask

Learn more about me: http://tkopod.co/p-cjk

Follow me on Twitter here: http://tkopod.co/p-x

Free weekly business ideas newsletter: http://tkopod.co/p-nl

Share this podcast: http://tkopod.co/p-all

Scrape small business data: http://tkopod.co/p-os

---

00:00 Introduction and Today's Agenda

00:34 Perfume Vending Machine Business Update

04:08 The Pro's Closet Shutdown

09:38 Opportunities in Email Monetization

12:25 Buying a Business Out of Bankruptcy

13:00 Owning Commercial Real Estate and Restaurants

14:12 Introduction to Pharmacy Benefit Managers

14:53 Mark Cuban's Cost Plus Drugs

18:35 Business Opportunity in Pharmacy Negotiations

22:24 How to Get Your First Customer

25:03 Marry, Date, or Kill: Evaluating Business Ideas

27:06 Upcoming Topics and Conclusion