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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

So for me, two to three weeks is about the test that I give it.

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

But for the average person, they have this thing called product market fit, which I'm sure you guys are familiar with.

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

And

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

A normal business, let's call it a business or a business idea, feels like pushing a boulder up a hill, right?

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

It's exhausting, it's hard.

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

We acquire two customers, we lose one.

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

We acquire three, we lose two.

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

That's normal.

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

That's okay, right?

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

But 5% of the time, you've got product market fit.

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

where instead of pushing that boulder up a hill, you're sprinting down a hill.

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

And the boulder represents demand, customers, right?

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

Money.

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

And they're chasing you.

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

You can't even sleep because you're fulfilling orders, right?

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

You just find the sweet spot in the market, the pricing, the offer, it just all aligns and you have product market fit, right?

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

That is a beautiful thing.

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

Like that is when you should not have shiny object syndrome and you won't.

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

Like just by default of the idea being so successful, you won't be looking around.

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

You'll be figuring out how to fulfill these orders, right?