My First Exit (MFE!)

MFE!

The only funny business show. Co-hosts Nick and Omid are here to make your favorite founders laugh and share their greatest secrets. They'll also (shamelessly) ask for help along the way because, much like you, they're learning, too. Welcome to My First Exit or MFE!

  1. 26 JUN

    The Toilet Paper Millionaire with Jake Berk | MFE! #13

    Omid and Nick dive in with Jake Berk into why “boring businesses” like disposable cleaning products can be hidden goldmines, offering insights on profitability, efficiency, and marketing execution. They also explore the essential tools Jake uses, his approach to scaling globally, and grounded advice for entrepreneurs seeking long-term success.Jake Berk is the founder of Burke International, a company known for its success in the disposable cleaning product industry. Nicknamed the “toilet paper millionaire,” Jake champions simplicity, operational excellence, and location-independent business models.-- Time Stamps: 00:00 Meet Jake Berk: The Toilet Paper Millionaire01:45 Why Jake Left Miami to Refocus on Strategy03:30 The Benefits of Slowing Down for Clarity05:55 What Burke International Actually Does08:15 From Sexy Startups to Boring Businesses10:37 Why Boring Businesses Are Still Underrated12:24 How Jake Is Using AI in a Toilet Paper Company15:08 Rolling Out AI Across a Boomer Workforce17:04 The Two Biggest Fixes in Boring Business Acquisitions19:00 Jake’s Top Tools for Operational Efficiency22:00 Phone Tasks vs. Computer Tasks: Jake’s Productivity Hack26:00 Inside Jake’s Minimalist Travel Work Setup29:50 Staying Focused Without Burning Out34:00 Time Audits: How to Reclaim Your Day36:00 Cold Plunges, No Coffee, and Staying Sharp41:00 Coaches That Helped Jake Scale and Evolve44:40 Inspiration from Internet Entrepreneurs (And Pitfalls)50:00 YouTube Growth and Personal Projects52:10 Fun Debates and Off-the-Wall Questions-- Learn more about Jake Berk:https://www.instagram.com/jakeeberkk/ https://www.youtube.com/@jakeeberkkhttps://www.tiktok.com/@jakeeberkk-- Check out Nick (https://www.linkedin.com/in/nickcsingh/) and Omid (https://www.instagram.com/kazravan/) -- MFE! is the only funny business show. Co-hosts Nick and Omid are here to make your favorite founders laugh and share their greatest secrets. They'll also (shamelessly) ask for help along the way because, much like you, they're learning, too. Welcome to My First Exit or MFE!

    55 min
  2. 10 APR

    How we're going from $100k to $1M this year with Nick and Omid | MFE! #11

    In this episode, co-hosts Nick and Omid dive deep into their journey from the "Thousandnaire Club" to aspiring millionaires. They share stories of past wins, painful flops, and the business lessons they've learned the hard way. Watch as they break down what actually works when starting a business, the biggest mistakes to avoid, “gray-area strategies” no one talks about (but probably should), and their personal roadmap to hitting their first million.Time Stamps: 00:00 The $1M Mission Begins 02:03 The Real Reason We Want to Make $1M 06:10 Choosing Business Ideas That Actually Matter 07:25 Book Publishing: From Success to Lessons Learned 09:06 Losing $30K and the Power of Validation 11:27 How to Validate a Business Idea for Under $1K 13:05 Water Filter Startup: From Concept to Market Test 16:00 Why We Walked Away From a Validated Idea 17:57 Book Business 2.0: Lean, Profitable, Scalable 20:00 Buying a Boring Business (And Why We Didn’t) 23:18 Adding AI & Marketing Layers to Old-School Businesses 26:30 Starting a Crypto Hedge Fund (and Losing It All) 33:09 New Idea: AI-Powered Content Intelligence Tool 36:43 Finding Problems Worth Solving First 42:05 Why Content Might Be the Real $1M Opportunity 44:56 Final Thoughts: Choose Happiness, Not Just Money -- Learn more about Nick and Omid: https://www.linkedin.com/in/nickcsingh/https://www.instagram.com/kazravan/-- Check out Nick (https://www.linkedin.com/in/nickcsingh/) and Omid (https://www.instagram.com/kazravan/) -- MFE! is the only funny business show. Co-hosts Nick and Omid are here to make your favorite founders laugh and share their greatest secrets. They'll also (shamelessly) ask for help along the way because, much like you, they're learning, too. Welcome to My First Exit or MFE!

    47 min
  3. 28 MAR

    Boring Businesses are making people rich and no ones paying attention with Donald Spunn | MFE! #10

    Donald Spann https://www.linkedin.com/in/donald2/ is a technology and service business entrepreneur and investor. He is the Founder of Call Canna, a contact center serving the Cannabis industry.-- Time Stamps: 00:00 Why Boring Businesses Are Making People Rich04:25 How Simple Services Generate Millions08:55 Real Examples of Low-Competition, High-Profit Ventures13:30 Why Passion Isn't Necessary for Wealth15:45 Common Myths About Starting a Business20:20 The Surprising Advantages of Low-Tech Businesses24:50 Realistic Steps to Start Your Own "Boring" Business29:20 Avoiding Costly Mistakes in These Industries32:20 How to Automate and Systematize for Growth37:00 Avoiding Common Pitfalls That Kill Profits40:30 How to Get Started with Minimal Investment43:30 How to Create a Business That Runs Itself44:40 The Final Steps to Long-Term Success47:00 Common Myths About "Unsexy" Businesses49:20 Why Execution Beats a “Perfect” Idea51:40 How to Take Action and Get Started Today52:50 Closing Thoughts: Should You Start a Boring Business?55:50 Final Thoughts: Why This Opportunity is Overlooked57:00 Closing Advice for Future Entrepreneurs-- Learn more about [guest name]: https://www.linkedin.com/in/donald2/-- Check out Nick (https://www.linkedin.com/in/nickcsingh/) and Omid (https://www.instagram.com/kazravan/) -- MFE! is the only funny business show. Co-hosts Nick and Omid are here to make your favorite founders laugh and share their greatest secrets. They'll also (shamelessly) ask for help along the way because, much like you, they're learning, too. Welcome to My First Exit or MFE!

    1h 7m
  4. 20 MAR

    The Man Behind Gary Vee's Many Businesses with Tyler Schmitt | MFE! #9

    Tyler Schmitt https://www.instagram.com/tyler/ has been an integral part of Gary Vee’s team, spending years closely working alongside him. After serving as Gary’s executive assistant for years, Tyler has transitioned into a significant role within the office of the CEO at VaynerMedia, contributing to the company’s strategic initiatives and operations.-- Time Stamps: 00:00 The Hustle Mentality of Gary Vee 00:44 Introducing Tyler Schmitt: Gary Vee’s Right Hand 01:30 Inside Look at Gary Vee’s Growth & Business Strategy 02:12 Playing Basketball with Gary Vee: A Competitive Edge 03:40 How Tyler Met Gary Vee Through Basketball 07:02 The Power of Social Media in Business Growth 12:22 From Community Manager to Chief of Staff 17:43 The Birth of DailyVee and Early Social Media Marketing 24:08 Staying Committed: The Journey of 11 Years with Gary Vee 29:02 Learning vs. Earning: A Career Growth Perspective 36:42 Managing 137PM and Scaling a Media Brand 46:52 The Intensity of the All-In Challenge During COVID 50:08 Tyler’s Personal Goal: Buying His Mom a Horse 56:04 The Future of Influencer Marketing & Brand Relationships-- Learn more about Tyler Schmitt: https://www.instagram.com/tyler/ -- Check out Nick (https://www.linkedin.com/in/nickcsingh/) and Omid (https://www.instagram.com/kazravan/) -- MFE! is the only funny business show. Co-hosts Nick and Omid are here to make your favorite founders laugh and share their greatest secrets. They'll also (shamelessly) ask for help along the way because, much like you, they're learning, too. Welcome to My First Exit or MFE!

    1 hr
  5. 5 FEB

    How to grow your first million-dollar business with Joe Stolte | MFE! #7

    Joe Stotle https://www.instagram.com/joestoltelive/ is a serial entrepreneur, business strategist, coach and creator of the Limitless Mind Business Coaching Program. He is the CEO of Daily.ai. -- Time Stamps: 00:00 Understanding the Entrepreneurial Mindset 00:06 The Power of Selling Businesses, Not Just Products 00:30 Introducing the Guest: Joel Stte’s Business Journey 01:09 Lessons from $500M and $60M Exits 01:35 Why Business Operations Matter More Than Ideas 02:16 Podcast Prospecting and Sales Strategy 03:08 The Concept of "Prime Minds" and Learning from the Best 04:42 Building Relationships and Offline Networking Strategies 06:12 The Myth of Big-Name Clients for Business Growth 07:58 How to Validate a Business Idea Before Scaling 09:19 Creative Growth Hacks: Direct Mail and Email Marketing 11:32 The Power of Email and AI in Modern Marketing 14:12 The Importance of Proprietary Data in AI Business Models 17:55 From Failure to Success: The Story of a First Exit 19:46 How to Successfully Sell a Business: The ‘Rembrandt in the Attic’ Approach 26:58 How to Position Your Business for Maximum Valuation 31:40 The Key Elements That Make a Business Attractive to Buyers 35:58 Common Startup Advice That Doesn't Always Work 40:12 Mastering Sales, Marketing, and Business Strategy -- Learn more about Joe Stolte: https://www.instagram.com/joestoltelive/ https://daily.ai/ https://x.com/joestoltelive?lang=en -- Check out Nick (https://www.linkedin.com/in/nickcsingh/) and Omid (https://www.instagram.com/kazravan/) -- MFE! is the only funny business show. Co-hosts Nick and Omid are here to make your favorite founders laugh and share their greatest secrets. They'll also (shamelessly) ask for help along the way because, much like you, they're learning, too. Welcome to My First Exit or MFE!

    1h 2m

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The only funny business show. Co-hosts Nick and Omid are here to make your favorite founders laugh and share their greatest secrets. They'll also (shamelessly) ask for help along the way because, much like you, they're learning, too. Welcome to My First Exit or MFE!

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