Chris Koerner
π€ SpeakerAppearances Over Time
Podcast Appearances
Like it can just be the most enjoyable life ever.
So it's just very high risk and very high reward.
And if you can make it work, like oftentimes the biggest and the best and the most well-ran companies you see were 50-50 partners that knew each other for a long time for that reason.
But the rate of failure is higher than average.
So in these three suitcases in front of me, I have different amounts of money.
And all I want you to do is to let me know if I was giving you this amount of money, what business you would start.
Okay, so the first one has $500 here.
Awesome.
So most people would look at this and think, what am I going to do with $500?
It's a lot of money, right?
In the age of today with 30-day free trials and a lot of Silicon Valley-funded companies willing to give you a lot of money to test your product, this goes a long way.
So the first thing that comes to mind is probably...
my favorite business idea of all right now.
Thankfully, you can start it with even less than this.
And that would be a business that helps implement AI into small businesses, small to medium-sized businesses.
So some facts for you.
There's 400 million small businesses on the planet.
They've surveyed some of these business owners, and 77% of them have admitted that AI would be transformational to their business.
They need AI.
It's not a fad.