✈️ Mastering the Art of Unsexy Entrepreneurship

Inside: Nick Huber, Hold Co Owner, Founder of the Sweaty Startup & Bolt Storage

First-time traveler? Welcome aboard, Jetsetter! 👋🏼

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📢 Sponsor: Jay Abraham’s Business Wealth Without Risk

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P.S. Jay will be coming on as a guest on this podcast soon! Stay tuned…

Jetsetters, I spoke to Nick Huber (@sweatystartup) this week, the man behind the Sweaty Startup. Nick owns a multi-million dollar storage empire along with several other businesses. In other words, he operates a holding company.

This week’s episode is a masterclass in not only turning "unsexy" ideas into gold mines but also how to run and operate a holding company.

I spoke to Nick about:

  • 💻 How to Run a Holding Company

  • 📊 How to Build & Leverage Your Audience

  • 🏆 How to Find Operators for Your Businesses

  • 🕰 The Importance of "Unsexy" Entrepreneurship

Here are a few juicy excerpts from today’s episode to get you flowing:

The Importance of Establishing Credibility in the Digital Age: "People don't have time to fully give your writing or your ideas the credit it deserves to make you a worthy follow." — Nick Huber (27:15)

Don’t Reinvent the Wheel: "So as a first-time founder, keep it really simple. Business is not complicated. You don't need to reinvent the wheel. Do something that other people are already doing. Do it just a little bit better. And be really careful about getting advice from only super successful people." — Nick Huber (31:20)

This episode is a must-listen, I promise.

Let’s get down to business!

📢 Sponsor: Swell AI

Jetsetters, I’m super excited to announce Swell AI as our presenting sponsor for First Class Founders!

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✈️ First Time Listener? Here’s What You Missed…

🏷 Lost & Found

Did you miss these? Each week, I round up all sorts of interesting things I found on the internet that you missed. Enjoy!

🛠 Best AI Writer Tool?
📰 Sam Parr’s Playbook for Building 7-Figure Online Communities
💰 Giant Mistakes and Successes: Lessons From Growing Codeacademy's Revenue From $10M To $50M

Creators: Are you tired of shouting into the digital void with no engagement? It's time to change that! Grow your audience with Jamie Northrup’s 30-day engagement challenge. Join for Free (Sponsored)

📝 Yong-Soo’s Weekly Journal

Each week, I reflect on lessons learned growing my newsletter & podcast — the good, the ugly, and everything in-between in raw, unfiltered, free-form writing.

How I Found My “Niche”

Last week, I gained 3,641 followers on X in 48 hours.

That's 15% of all my followers, ever.

It’s insane.

Don’t want to jinx it but… I think I finally found my “niche"!

After almost a full year, I started posting more about my Personal Holding Company and the content really started popping.

Case in point, my most viral Post (Xeet?) ever:

This got me thinking… what took me so long?

I pondered what makes a great “niche” for content creators.

And I’ve come up with 3 key ingredients to find YOUR niche.

Let’s dive in…

Expertise

This one is pretty straightforward.

The question you should ask yourself is:

“Could I become the go-to expert in this field?”

Ideally, you specialize in a niche that you’re already experienced in.

You don’t need to be the best expert in the world on the subject.

But you should definitely be experienced enough to call your shots.

In other words, if your niche is teaching basketball skills, you don’t need to be LeBron James but you should have played some level of professional basketball.

Authority

Even if you have the expertise, the sad truth is, that won’t matter unless you position yourself as an authority.

So the question to ask yourself is:

“Am I a perceived expert in this field?”

I learned this lesson the hard way.

When I started tweeting into the void last year with no audience, I was frustrated. Why?

Others who had no business experience would tweet the same thing and their post would go viral, while mine would fall flat.

Aside from having no audience, I hadn’t built my authority yet.

You can think of authority as “perception” directly related to your area of expertise.

You need both expertise and authority to attract an audience.

Supply / Demand

This is the trickiest component to nail, in my opinion. Why?

If you took Economics in college, you know prices go up with either:

  • High Demand

  • Low Supply

What you want is both high demand and low supply.

In other words, your niche is in high demand, yet not a lot of people have positioned themselves within it.

That’s your high ticket market.

Want an example? There was a gold rush of AI content creators when ChatGPT made waves earlier last year… high demand, low supply.

Those who mastered prompt engineering early made the big bucks with courses because AI was the hottest thing since sliced bread, and no one knew anything about it.

Now, take ghostwriting, for example. Twitter / X is filled with ghostwriters teaching others how to make money by becoming ghostwriters.

Unless you’re in the top 0.1%, it’ll be hard to differentiate yourself from other ghostwriters.

In other words, while demand might be there, supply is high.

It’ll be hard to stand out within this niche.

When you evaluate a potential niche, ask yourself:

  • How much do people care about this? (Demand)

  • Who are the other big players? (Supply)

Thanks for reading!

See you next week.

📢 Sponsor: GrowthJet

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🎛 Metrics Dashboard

I'm building First Class Founders in public. Each week, I share my numbers exclusively through subscribers of this newsletter only.

Newsletter:

  • Subscribers: 9,159

  • Open Rate: 42.9%

  • Click Rate: 5.9%

👍🏻 Recommendation: Thinking of starting a newsletter? I use and recommend Beehiiv with powerful features like boosts, recommendations, segmentations, automations, and detailed subscriber metrics.

Podcast:

  • 90-Day Downloads: 8,206

  • 30-Day Downloads: 3,068

  • 7-Day Downloads: 980

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💺 Jetsetter of the Week

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Here's the pitch:

"Learn step-by-step how businesses are earning media exposure (without ads) from a TV reporter turned PR agency owner every Thursday."

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✈️ Travel Further With Me

Here are 3 ways I can help you:

  1. Join First Class Founders Membership:

    • Early access to new episodes each week

    • Uncut extended guest interviews that never aired

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  2. Get In Front of My Audience:

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  3. Work with Me:

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💬 Final Word

Hey all, we hit 9,000 subs this week! Thank you all. 🙏🏼

Also, it’s last call to sign-up for the FREE Solo Summit Conference!

I’ll be speaking on the 5 Growth Levers of Newsletter Growth.

Hope to see some of you there!

See you next week.

Yong-Soo Chung — Serial Entrepreneur, Podcaster

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