Navigating the Challenges of Being a Multi-generational Business Owner W/ Nick Daniels

Host Chaz Wolfe brings on Nick Daniels, a 7+ figure king in the furniture retailer industry. Nick is a Partner at Furniture Fair based out of Cincinnati, Ohio. Nick grew up in the business that his grandfather started, but wanted to prove himself outside of Furniture Fair. After growing his experience at other stores, Nick returned to his grandfather’s business. When he became Partner, the company was already at 7-8 figures, but Nick continues to grow the business and expand it into new markets. In this episode, Chaz and Nick discuss multi-generational business owners, slowing down to speed up, and building the business with the right team. Tune in now to learn from Nick’s practical and experienced approach to entrepreneurialism so you can grow your business today. During this episode, you will learn about;[03:02]  Intro to Nick and his business[04:34]  Why Nick continues to push[07:03]  How Nick moved into a multi-generational business[12:20]  A good decision Nick made[14:16]  Nick’s advice in slowing down to grow[16:19]  Nick’s advice on confidence in hiring[19:58]  A bad decision Nick made[21:37]  How Nick approaches starting new[24:06]  Nick’s approach to decision-making[27:39]  One trackable metric Nick would use[28:34]  Nick’s book recommendation[30:07]  Nick’s thoughts on networking[32:29]  What Nick would tell his younger self[33:58]  How to connect with Nick Daniels[34:49]  Sneak peek into Gathering The Kings mastermind group & how to get more informationNotable Quotes“Pride is a great motivator.” - Nick Daniels“Everything I had was to prove that I don't need this, that this wasn't handed to me. I'm gonna go do my own thing. I'm gonna pave my own way. Watch what I can do.” - Nick Daniels“When you're building something, it's like, I need to stop doing and start watching.” - Nick Daniels“I guarantee you started your business for freedom and you doing everything yourself is not freedom.” - Chaz Wolfe (Host)“There's gonna be other ways that people can make it better.” - Nick Daniels“Someone else taking pride in what you built. I mean, that's what it's all about.” - Nick Daniels“Have a freaking plan. Know what you need.” - Nick Daniels“Just because one neighborhood trusts you doesn't mean the next one does. Like you're gonna have to do it over again.” - Nick Daniels“Overconfidence leads to lack of preparation” - Chaz Wolfe (Host)“I rolled the dice and took an all-commission pay rate. It is what it is, but at the same time, every time I did that and got hurt, that's when I learned the most.” - Nick DanielsBooks and Resources Recommended:Invent and Wander by Jeff Bezoshttps://www.amazon.com/Invent-Wander-Collected-Writings-Introduction-ebook/dp/B08BCCT6MWGood to Great by Jim Collinshttps://www.amazon.com/Good-Great-Some-Companies-Others/dp/0066620996Let’s Connect!Nick Daniels:Website:  https://furniturefair.net/LinkedIn:  https://www.linkedin.com/in/nick-daniels-41782150/Chaz...