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SaaS Interviews with CEOs, Startups, Founders

EP 374: 13 yo Starts Business, Now $1.2M in 2016 with Nick Kullin

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6 β€’ 683 Ratings

πŸ—“οΈ 2 August 2016

⏱️ 21 minutes

🧾️ Download transcript

Summary

Nick Kullin of Second Flight Consultancy. Nick started his first business at just thirteen years old. As he continued with tons of other jobs after high school, he realized he wanted to go back to how he felt as a thirteen-year-old. He wanted to be an entrepreneur again.

Famous 5:

Β 

  • Favorite Book? – Think and Grow Rich
  • What CEO do you follow? β€” Elon Musk
  • Favorite online tool? β€” Yesware
  • Do you get 8 hours of sleep?β€”No
  • If you could let your 20 year old self know one thing, what would it be? β€” Instead of working for people, just start your business at a young age.

Β 

Time Stamped Show Notes:

  • 01:15 – Nathan introduces Nick
  • 01:35 – He started his first business at age 13
    • 02:15 – He connected people to new music artists
    • 02:45 – He automated his system
    • 03:05 – He got around $100 to $150 from each band
    • 03:30 – He made over $20k with that business
  • 03:50 – Then he worked for a golf resort doing marketing and sales
    • 04:50 – He helped the resort get a lot more publicity and better marketing
  • 05:25 – Then about a year later he went into health and fitness
    • 04:45 – He wanted to surround himself with successful people
  • 06:30 – He got an opportunity with Time Warner Cable
  • 06:40 – Later, he got out of corporate and worked with a small business
  • 07:10 – His next job paid him $120000, but he realized he wanted to get back into entrepreneurship
  • 07:55 – A lot of money does not make you happy.
  • 08:40 – Marketing was his passion, and people saw the value of his skills
  • 09:20 – His business was called Second Flight Consultancy
  • 10:00 – First-year revenue was $12000
    • 10:40 -- $175k in 2015, and projected to be over a million in 2016
  • 11:13 – Nick developed a β€œsales robot” that works with LinkedIn
  • 12:00 – Ten team members
  • 12:25 – Profit is usually 70% of the revenue
  • 13:10 – He started out doing a lot of the work on his own
  • 14:00 – You need to do really great work with proven results
  • 15:10 – He has a variety of customers
  • 15:40 – Nick’s academy is a coaching product
    • 16:00 – 30% of their revenue
  • 16:15 --Β  secondflightacademy.com
  • 18:25 – The Famous Five

3 Key Points:

  • Don’t be afraid to start your own business from a young age.
  • A large salary doesn’t necessary buy happiness.
  • Make your passion and your skills into a business.

Resources Mentioned:

  • Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
  • Freshbooks - The site Nathan uses to manage his invoices and accounts.
  • LeadpagesΒ  – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
  • Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
  • Yesware – Nick’s favorite online tool
  • Show Notes provided by Mallard Creatives

Transcript

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0:00.0

This is the top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base.

0:09.0

You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have.

0:16.0

I'm now at $20,000 per talk.

0:18.0

Five and six million.

0:19.0

He is hell-bent on global domination. We just broke our 100,000 units sold mark Five and six million. He is hell bent on global domination.

0:21.2

We just broke our 100,000 unit sole mark.

0:23.9

And I'm your host, Nathan Latka.

0:28.7

Okay, TopTribe.

0:29.8

This week's winner of the hundred bucks is Dustin Goodwin.

0:33.1

He's in the HR industry, specifically in the software, the service space,

0:37.1

looking to increase

0:38.0

his revenue. So congratulations, Dustin. For your guys' chance to win 100 bucks every Monday on

0:44.5

the show to build your idea, simply subscribe to the podcast on iTunes now, and then text the

0:50.9

word Nathan to 33444. Again, text the word Nathan to 33444. Again, text the word Nathan to 3344.

0:57.9

This is episode 374.

0:59.4

And coming up tomorrow morning, you'll hear from Ari Meisel.

1:01.9

He's a dad of four and holds a secret to buying time and clearing your calendar.

1:07.8

Top tribe, good morning.

1:09.8

Our guest today is Nick Cullen. He's a fearless and eccentric young

1:12.7

entrepreneur who has always believed that inside of every successful self-made person is a poor kid who just

1:17.7

followed his dream. He started his entrepreneurial journey at a young age, built a growing success for himself

1:23.0

without the need to have a college degree and followed the unconventional path in life. Nick,

...

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