The Koerner Office - Enabling your shiny object syndrome. Business ideas, advice and deep dives.-logo

The Koerner Office - Enabling your shiny object syndrome. Business ideas, advice and deep dives.

Business & Economics Podcasts

Do you have a clinical addiction to all things small business? Hey, me too! Let's be addicts together. On this show I do a couple things: 1.) Call-in business advice (think Dave Ramsey) and 2.) Deep dives on cool business ideas, growth hacks and opportunities. I've built dozens of companies & own 7 right now, with revenues in the 10s of millions. I also buy 2 RV parks per month alongside partners and investors. To listen or call in live to ask me a question, follow me on Twitter here: https://twitter.com/mhp_guy. 2-3 new episodes released weekly. Email me at chris@cofounders.com with any feedback. Enjoy!

Location:

United States

Description:

Do you have a clinical addiction to all things small business? Hey, me too! Let's be addicts together. On this show I do a couple things: 1.) Call-in business advice (think Dave Ramsey) and 2.) Deep dives on cool business ideas, growth hacks and opportunities. I've built dozens of companies & own 7 right now, with revenues in the 10s of millions. I also buy 2 RV parks per month alongside partners and investors. To listen or call in live to ask me a question, follow me on Twitter here: https://twitter.com/mhp_guy. 2-3 new episodes released weekly. Email me at chris@cofounders.com with any feedback. Enjoy!

Language:

English


Episodes
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Pressure washing profits: You'll never believe how much these guys make!

5/15/2024
Aaron Harper is a STUD! He's the CEO and founder of Rolling Suds (https://www.rollingsudsfranchise.com/contact-us), a franchise system with hundreds of territories sold in the last 18 months. We talked all about the unit economics of both an individual pressure washing franchise, and the franchise business as a whole. Enjoy! Timestamps below. Submit a question for the show: http://form.typeform.com/to/Eb8KaY0p Watch the video version of this on YouTube instead: https://www.youtube.com/@thekoerneroffice?sub_confirmation=1 Free weekly business ideas newsletter: https://newsletter.chrisjkoerner.com/ Learn more about me: http://chrisjkoerner.com Follow me on Twitter: https://twitter.com/mhp_guy 03:23 Revolutionizing the Drywall Repair Franchise 05:48 Building a Successful Franchise System During COVID 10:46 The Strategy Behind Acquiring and Scaling Franchises 17:10 The Financials of Franchising: Investment, Growth, and Support 24:19 Navigating Territory Management and Expansion 27:32 Identifying the Ideal Franchisee for Success 27:44 The Surprising Shift to Commercial Focus 28:26 Building B2B Relationships in Business 28:56 The Ideal Franchisee: Traits and Expectations 29:14 The Strategy for Scaling: Commercial vs. Residential 29:36 Franchisee Profile: Ambition Meets Reality 29:51 The Power of Relationships and Goal Setting 31:19 Risk Tolerance and Attitude in Business Success 31:23 Franchising: A Path, Not a Shortcut 32:02 The Franchisee's Journey: From Selection to Operation 32:35 The Role of Experience and Personality in Franchising Success 41:35 Creative Solutions and the Searcher's Advantage 50:21 Financial Insights and Franchise Operations 55:01 The Future of Franchising and Final Thoughts

Duration:00:56:04

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013 - Private school growth woes, DIY cabin kits, Shopify app and Twitter influencer.

5/13/2024
01:58 - Helped the owner of a licensed private school in Amarillo, Texas with a growth problem. 16:10 - Assisted another caller selling high-ticket DIY cabin kits. 29:24 - Assisted a caller with a Shopify app offering clippable coupons on product pages, introducing strategic friction similar to traditional grocery store coupons, but in a digital format. 41:05 - Guided a caller facing the dilemma of handling DMs from followers on Twitter asking for help or advice while maintaining professional boundaries.

Duration:00:47:03

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How to Find That *one* Life Changing Customer, Partner or Company.

5/9/2024
This was the keynote speech I gave at SMBash last month entitled "You Only Need One White Whale." If you'd like to see the accompanying slides, check it out on YouTube instead. It took me 13 hours to prepare and it received great reviews! Please enjoy and share with your friends. Submit a question for the show: http://form.typeform.com/to/Eb8KaY0p Watch the video version of this on YouTube instead: https://www.youtube.com/@thekoerneroffice?sub_confirmation=1 Free weekly business ideas newsletter: https://newsletter.chrisjkoerner.com/ Learn more about me: http://chrisjkoerner.com Follow me on Twitter: https://twitter.com/mhp_guy

Duration:00:35:18

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012 - Noah Kagan joins! 2nd opinion dental site, wealth advisor, mortgages for entrepreneurs & blue collar side hustle idea.

5/6/2024
See below for segment timestamps! Submit a question for the show: http://form.typeform.com/to/Eb8KaY0p Watch this on YouTube instead: https://www.youtube.com/@thekoerneroffice?sub_confirmation=1 Free weekly business ideas newsletter: https://newsletter.chrisjkoerner.com/ Learn more about me: http://chrisjkoerner.com Follow me on Twitter: https://twitter.com/mhp_guy 02:25 - Caller asked for ideas about growing his website that offers second opinions for dental quotes for $47. 12:42 - Looking for ways to generate leads for his company offering charitable contribution services to wealth advisors, a niche industry. 29:17 - Wanted ideas of how to sell mortgages to self-employed entrepreneurs. 38:34 - Casual chat about Judaism and Mormonism. 43:45 - Blue collar employee looking for ways to supplement his income. I gave him a fun idea.

Duration:00:51:22

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Cool biz ideas, pet cremation 101, how much do the MFM hosts make & how much does Mr. Beast make?

5/2/2024
Chris and his business partner Nik (https://twitter.com/CoFoundersNik) catch up on all things: - Figuring out how much the hosts of My First Million Make - Finding out how much Mr. Beast makes - How the pet cremation biz works and how their equity is split in this biz - Cool biz ideas you could implement inside of stadiums - Everything we are working on right now. -- Check out Nik's show "Nikonomics" on Spotify: https://tinyurl.com/5avyu98y Apple: https://tinyurl.com/bdxbr284 YouTube: https://tinyurl.com/3559hy7n

Duration:00:46:04

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011 - Passive book royalties from Craigslist, $60k pressure washing jobs, digital dashboards & importing products from China.

4/29/2024
4 amazing callers in 73 minutes! This is the best episode yet! 01:39 - Nick makes bank investing in book and music royalties. His best deal came from Craigslist! 18:54 - Our first ever caller returned - the street sweeping guy! And his biz is twice as big now! He's now getting MASSIVE $60k parking garage pressure washing jobs that he outsources. 40:44 - Thomas has an awesome digital dashboard business for tracking metrics like short-term rental performance. He needed help growing it, so I offered some ideas. 57:18 -Clayton is an engineer and aerospace consultant with a unique product idea. He thought it was too dumb to execute on, but I changed his mind. He wanted advice on importing and selling it through platforms like Amazon, Shopify, and Facebook Marketplace.

Duration:01:13:35

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Part 1: Every Business I've Ever Started

4/25/2024
I've started over 70 businesses, so this is part 1 of me talking about all of them. Hopefully this helps you generate some ideas of your own. Or shoot, copy these yourself! Almost all of them would still work today. Enjoy! I'd love your follow and review, if I've earned it. If you want to either submit a question or ask it live on the show please fill this out: http://form.typeform.com/to/Eb8KaY0p Learn more about me at http://chrisjkoerner.com or http://cofounders.com

Duration:00:35:49

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010 - More questions, less time! Gutter cleaning, fundraising, low margin tips, importing from China, plus many more!

4/22/2024
Today was a little different! I answered 13 pre-submitted questions in less time than it normally takes me to answer 6-7. This is tightly packed with value. Enjoy! 02:42 - How to grow a gutter cleaning business in its early stages? 05:19 - Tips for someone new to the gig economy? 06:04 - How can I safeguard my business against sudden drops in sales? 09:00 - Looking for a technical co-founder skilled in react web stack. 10:27 - How to attract and keep top employees in a low-margin business? 15:58 - How can I raise money in this tough economy? 17:26 - How can I boost predictable cash flow? 20:16 - How do I transport my product from China to the USA? 22:22 - Do I focus on my successful but exhausting current business, shift to a more enjoyable side business, or manage both? 23:59 - How much risk should I take on to start my business while I have a job, considering uncertain job prospects and available savings? 27:04 - As a former college coach with extensive leadership experience, what entrepreneurial opportunities do you recommend for someone transitioning out of collegiate sports? 29:46- Thoughts on starting a carpet and floor care business. 31:04 - How do you verify the success of leads provided to businesses, considering potential undercounting?

Duration:00:33:51

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009 - Supplement biz, father/son trailer rental biz, cooking dads biz, AI chatbot for the shed biz, tufa stone quarry and is the vending biz oversaturated?

4/15/2024
Every Friday I do free consulting calls while hundreds listen live. They're freaking fun! Below we covered: 02:14 - Supplement biz dealing with racism. 17:17 - A guy starting a trailer rental biz with his sons. 25:04 - A dad got laid off and wants to start a content biz for dads who cook. 41:01 - How to sell an AI Chatbot to the shed biz. 50:51 - How to buy a home in a very small community of under 40 homes. 52:52 - LegalZoom alternatives? 53:38 - A Tufa stone quarry being repurposed for cement? 55:27 - Is the vending machine biz oversaturated?

Duration:01:00:26

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008 - Destination wedding biz, board games, RV park, gravestone, digital signage and dumpster rentals in SLC.

4/8/2024
This week we covered: 01:09 - Destination wedding biz: A guy's father owns a YouTube channel that offers "done for you" destination weddings. However, the business has hit a plateau, and they are seeking advice on how to grow their business in an interesting way) 12:47 - Board game biz: A guy in the Northeast has a small board game, and I provided him with some cool ideas on how to grow it. 26:09 - RV park vacancy: How can he effectively advertise vacancies in his park with 68 pads, especially considering its history and current market rates? 35:05 - Monument biz: A business specializing in gravestones and headstones. The person wants to know how they should approach the owner to buy it. 39:12 - Digital signage biz: How to sell digital signage to schools and how to find schools to sell to. 43:40 - Dumpster rental biz: A new dumpster rental business in Salt Lake. The owner just ordered a ton of dumpsters and wants to know how to manage them effectively.

Duration:01:00:53

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007 - Investing newsletter, short term rentals + fly fishing, video production growth, shipping store, Alaska car biz & video creation software!

4/1/2024
This was a great ep! We covered: 01:47 - Newsletter idea - Phoenix entrepreneur: Local events or investment-focused newsletter? 08:52 - Fly fishing - Entrepreneur in GA/TN: Fly fishing business or occupancy booster 18:44 - Video production - Video production company stagnation: Solutions suggested 36:48 - Raise money for shipping store - Local shipping store funding: Tough advice given 47:17 - Video creation software - Video creation software for mom and pop businesses: Viral growth hack suggested 51:27 - Alaska car biz - Alaska entrepreneur dilemma: Which business to keep, abandon, or start anew? Advice offered on which biz to choose.

Duration:01:03:35

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From $0 - $30m with John McAfee. What happened when I showed up on his doorstep.

3/29/2024
You're going to love this story. That's all I'll say.

Duration:00:28:51

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Koerner's Corner Name Change & Why - Quick Listen!

3/27/2024
I'm changing the name but the content stays the same. Here is why!

Duration:00:03:36

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006 - Home service vertical integration, quit job to start a biz, bandit signs, bookkeeping biz and 50/50 partnership advice.

3/26/2024
01:38 - Home service vertical integration (Question pertained to a landscaping business worth around $3 million, inquiring about potential vertical integration and additional services to incorporate) 09:37 - What should he quit his job to start? (The second individual was contemplating quitting their job and seeking advice on what to pursue next, a common query. They appeared to appreciate the guidance provided.) 21:59 - Bandit signs (The inquiry came from someone in the Dallas-Fort Worth area seeking advice on using bandit signs to promote their wife's cleaning business. Drawing from personal experience, I provided guidance on the matter.) 32:19 - Bookkeeping biz (This came from a financial professional interested in hiring virtual assistants to provide specialized bookkeeping services to a distinct niche.) 39:20 - 50/50 partnership (Ryan sought advice on starting a partnership with a friend, aiming for a 50-50 split despite my newsletter's caution against it. After delving into the partnership details, I offered tailored recommendations)

Duration:00:57:49

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Deep dive into my backstory, running a holdco, business stories, etc. Interview with Millennial Investing Podcast.

3/21/2024
I was recently interviewed by the one of the most popular investing podcasts, Millennial Investing. Patrick dove deep on my backstory and asked me both business and personal questions that I rarely get asked. It was a great time. I thought it was one of the best podcast interviews I'd ever done, so I thought you might enjoy it as well. 0:00:22 - What my experience was like being a missionary in Hungary 0:06:27 - What some of my early hustles as a teenager were 0:08:22 - How I got started writing and honing my craft 0:09:59 - How Twitter has affected my career 0:12:30 - How I has structured his holding company, Cofounders 0:14:01 - How I incubates new entrepreneurial ideas 0:15:00 - What are the qualities I looks for in people I partner with 0:16:34 - How I created a company selling Buc-ee’s products 0:24:46 - What I think about there being an entrepreneurial gene 0:25:33 - How I have entrepreneurial competitions with my kids 0:28:32 - How I got connected with John McAfee 0:35:10 - When I got involved with bitcoin mining 0:38:29 - How I developed conviction in bitcoin and what my price predictions are 0:41:11 - How I handle the volatility of bitcoin 0:42:12 - When and how I first got involved with real estate 0:43:54 - Why I loves mobile home park investing 0:45:45 - What an average day for me is like 0:47:20 - What is Parkinson’s Law 0:50:17 - How I comes up with creative business ideas 0:54:04 - Why I got into ultramarathons 1:03:27 - How me and my wife became living organ donors

Duration:01:06:25

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005 - Wedding venues, vending machine locator, LLM for law firms, which side hustle to choose, paid ads, Twitter spaces and VA agency.

3/15/2024
04:24 - Wedding venue idea (How saturated is the wedding venue market and what ancillary services can be offered?) 14:00 - Vending machine business (Caller interested in purchasing vending machine location business on acquire.com, which I've previously corresponded with the seller about a month ago) 22:03 - Chat GPT for law firms idea (Caller interested in pitching AI-based training manuals for law firms) 32:30 - Which side hustle to choose? (Caller has multiple side hustles including a community, newsletter, and a full-time job. Wants advice on which one to prioritize) 35:29 - Paid ads agency (Guy runs a paid ads agency with one dentist client, seeking advice on acquiring more customers) 37:42 - Are twitter spaces worth it? (Caller inquired about Twitter Spaces, asking if it's effective for audience growth, with the conversation ironically occurring on Spaces.) 45:13 - VA agency (Caller considered opening a VA agency, seeking advice on which niche and revenue model to pursue)

Duration:00:52:49

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004 - B2B custom souvenirs, trash collection, acai bowl franchise, home services lead gen software!

3/9/2024
We made some changes! 1. We edited out the caller segments that weren't highly rated. 2. We reordered the caller segments from highest to lowest rated. We also added an intro of all the caller segments at the beginning. Enjoy! Timestamps below: 0:00 - Intro to all the segments 03:47 - Growing a virtual receptionist for home service biz 08:34 - Google street views biz 18:38 - Roofs with tarps idea 20:15 - Custom souvenirs biz. Build or buy? 28:10 - Trash collection biz in Missouri. 35:30 - Acai franchise? Yay or nay? If nay, which franchise is better? We'll do it again live on Twitter this Wednesday, March 13 at 2pm CST!

Duration:00:41:10

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003 - Towing biz for drunks, startup for job seekers, trophy recycling, roof repair lead gen + more!

3/4/2024
HVAC Saas: How to find commercial property owners on LinkedIn How to price your offer for a cold email leadgen agency A towing biz for drunk people How to sell 40,000 solar eclipse glasses Using drones to sell roofing leads How to approach waste management company owners to sell software How to position and sell a service to job seekers Should he start an Indian virtual assistant agency How to grow a trophy and engraving business. Trophy recycling? How to raise money for a new company when I already have a Salesforce integration agency? Carfax for homeowners idea

Duration:01:26:24

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002: Tesla Wheel Repair, B2B Police SaaS, Cold Email Agency, Starting a Roofing Co & More!

2/28/2024
Welcome to Episode 2 of Koerner's Corner! Today we had questions from 9 callers that covered: Payment Processor Discussion - Best way to handle payments and invoicing for B2B services. Cold Email Agency Strategy - How to refine the business model for a cold email agency that targets staffing and recruiting companies. Espresso Catering Venture -Viability and strategy for starting a mobile espresso catering service targeting office and school events. Income Tax Services Growth - How to expand a personal income tax service, especially for self-employed and small business owners. Acquiring a SaaS Business - Considerations and strategies for buying an existing SaaS business. Starting a Roofing Company - Key factors to consider when starting a roofing company. B2B Law Enforcement Software - How to create and market software solutions for law enforcement and private security sectors. Seasonal Decorating Service - The potential for a business providing decorating services for holidays like Ramadan, Diwali, and Lunar New Year. Tesla Vehicle Care Services - Opportunities in offering specialized services for Tesla owners, such as wheel repair and mobile washing at supercharging stations.

Duration:01:09:34

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001 - Street sweeping probs, realtor websites, quitting a job for a moving biz and 3 more call-ins.

2/22/2024
- How to grow a SoCal street sweeping biz - What biz a sales guy should start in Houston - How to uniquely grow a biz making websites for realtors - How to fix occupancy issues in 2 Alabama RV parks - To quit and grow a moving biz even more, or keep the job and try something else? - What business in Norfolk, VA a guy should start with his 3 kids

Duration:01:11:18