121: Taking Over a Family Business & Leading it to New Heights (Matthew Nix of The Nix Companies)

Entrepreneur Stories 4⃣ Inspiration

Millionaire Interviews Podcast & Sir Austin Peek

Careers, Business, Business:careers

4.7 • 2K Ratings

🗓️ 1 January 2021

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

Matthew Nix runs a 5th Generation, family owned and operated business... The Nix Companies. Matthew started working at the family business at a very young age, sweeping the floor and cleaning machinery for $5.00 a Saturday. Later, Matthew began working in the shop as a summer intern learning the ropes. In addition to learning the technical aspects of the job, he credits much of his customer service and business development to the lessons learned working with his father and grandfather... This Episode is Sponsored By: Molekule is reimagining the future of clean air, starting with air purifier. It's not just an improvement on outdated technology but a complete reinvention of air purification. For $75 off your first order add checkout code MILLIONAIRE by visiting: millionaire-interviews.com/molekule. Gusto makes payroll a breeze full-service payroll for one simple price. And 72% of customers spend less than 5 minutes to run payroll. Get your first 3 free months using this link: millionaire-interviews.com/gusto. *** For Show Notes, Key Points, Contact Info, Resources Mentioned, & the Fabulous 4 Questions on this episode visit our website: Millionaire Interviews. *** Support this Podcast via Patreon Feedback? Questions? Comments? We'd love to hear from you! Hollar at us via: Twitter (@acpeek or @millionairepod), Instagram (@millionaire_interviews), LinkedIn (@austincpeek), Facebook (@millionaireinterviews), or Email: austin@millionaire-interviews.com. 😎😍😀

Transcript

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0:00.0	As soon as you said you were setting up the Patreon, it was just like yeah, I'll help
0:07.0	this guy.
0:08.0	I'd take a lot of value from it, you know, so simple as that.
0:12.3	Do you consider yourself a helpful person?
0:15.0	If so, would you be willing to help support me and my team on Patreon so we can keep bringing
0:19.8	you this awesome podcast?
0:21.7	Every little penny will help.
0:23.4	If you are willing to help, go to millionaire-interviews.com-forge-hatrion.
0:28.7	Or check the link in your episode notes below.
0:33.6	One of the many perks of supporting us on Patreon is that you can instantly schedule a call
0:37.4	with me to help you with your current or future business.
0:40.4	If you check out the beginning of episode 119, you can get a glimpse of what you're
0:44.5	in store for.
0:45.7	So to sign up for this awesome opportunity, go to millionaire-interviews.com-forge-hatrion.
0:55.3	I wasn't well established enough on my own to go to borrow the money from the bank, brought
0:59.1	on a private investor to help us do that.
1:01.4	He put up all the money to start this division, so we're off and running.
1:05.3	Really exciting time.
1:06.8	Here we are about a year into it and we're losing money.
1:09.8	That was a terrifying time.
1:11.6	That's a lot of people that don't understand that.
1:17.4	I mean, first thing you gotta do is be profitable.
	...

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