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Chris Koerner

πŸ‘€ Speaker
4783 total appearances

Appearances Over Time

Podcast Appearances

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

I can say, hey, I'll pay you $100 a month or, hey, I'll split the revenue with you.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

I'll give you 30% of the revenue.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

And then once I have one, that's the hardest part.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

Now you have a track record.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

Now you can say, hey, Bob's Auto Repair makes $700 a month passively because he let me put this vending machine there.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

This is a business that can be passive if you have an employee to restock it.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

That is the active part of the business is the restocking and the selling of new locations.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

But if you have an ATM, then that becomes even easier because you can outsource all of the restocking to a cash management company.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

How much money could one person hope to make from a vending machine business?

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

And have you ever run this business yourself?

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

I have.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

I've actually been in a different part of the vertical.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

I've sold vending machines.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

I posted a video to Instagram that got tens of millions of views and we started just importing those vending machines that I was talking about in the video and then selling them to entrepreneurs.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

But the level of revenue is, I mean, it's as much as you want to scale it.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

I have a friend in San Diego that makes seven figures a year on vending machines, just snacks and drinks.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

Is there an art to good vending machine placement or the right things to sell in the vending machine or anything else?

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

Yeah, it's funny that you asked that because he said, you know, I'm in San Diego.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

People are health conscious here.

The Diary Of A CEO with Steven Bartlett
Passive Income Expert: How To Make 10k Per Month In 90 Days!

And he tested all these healthy concepts and they all failed.