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Chris Koerner

👤 Speaker
4955 total appearances

Appearances Over Time

Podcast Appearances

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

I'm losing money.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

I want to be at scale now.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

And I did do some research.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

So I scraped every single iPhone repair shop in the country with some random piece of software I found online.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

And I learned that a city of 100,000 could support about two iPhone repair stores.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

And the city I lived in, coincidentally, had 100,000 people and there were no stores.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

And it was it was a similar demographic city as Baton Rouge, where Louisiana State was.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

So I thought, OK, 30,000 students, they're all going to get iPhones or smartphones.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

There's no one here fulfilling this need.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

I just knew like this will work.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

This works in all these other cities.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

It will work here.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

And how much did you make from that?

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

I sold it a few years later for a million bucks.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

Right at a million bucks.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

Who bought it?

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

A private, just a guy that wanted to quit his W-2.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

He had a six-figure job and he wanted to own his own business.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

No.

The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner

No.