Welcome to a very special edition of Level Up Podcast, with your hosts Jemimah Ashleigh and Tim Hyde.
Jemimah is fresh back from an international speaking gig in the USA and they are joined today by Nick Johnson, the founder of Nimic Productions who you might recognise as the sponsor of Level Up Podcast, and where Jemimah and Tim record the show. Nick shares how he began Nimic Productions with his best friend from University, Mic, including how he and his business partner custom built their studios in Canberra and Sydney, and how their builders took so long to finish construction they had the manually lay a large floor over three days, non-stop.
Nick shares the hurdles he’s overcome in building his business, including overspending on construction and how they were impacted by the GFC, and how that created a lasting change to how they do business today, as well as their achievements including being on The Gruen Transfer with Wil Anderson (available in ABC shops and ABC iview).
TOP 5 LESSONS
Have strong payment terms in your business.
Diversify in the type of clients you can serve, so you’re not relying just on one industry.
Hire someone to do things that you’re not good at or enjoy in your business so you can do the things you’re actually good at.
You’re only as good as the last thing you accomplished.
Have and build your resilience.
QUOTES
“All the domains were taken. One day we were just messing around mixing our names together and decided that yep, that would do.” -Nick
“The barrier to entry back then was quite different and much higher.” -Nick
“When it’s your baby, your business…it’s really hard to give it up.” -Nick
“Giving parts of your business to someone else who may or may not be as good at it as you, frees you up to do what you’re really good at.” -Tim
Connect with Nick from Nimic Productions here:
Connect with Jemimah and Tim on Facebook here:
www.facebook.com/leveluppodcast
Connect with Jemimah here:
www.facebook.com/jemimahashleighau
www.instagram.com/jemimahashleigh
Connect with Tim here:
www.facebook.com/winmoreclients
www.instagram.com/winmoreclients
See omnystudio.com/listener for privacy information.
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