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Chris Koerner

๐Ÿ‘ค Speaker
3698 total appearances

Appearances Over Time

Podcast Appearances

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

The thesis is that the average RV owner really only uses their RV for five to 15 nights a year.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

And so, you know, it just doesn't make good financial sense for people to buy an RV.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

But to be on the business end of it, to buy one and use it occasionally for your family, block off your own dates, and then list it on these marketplaces that are happy to bring you customers, it's a beautiful business.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

I've owned this business.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

It's supply and demand based on your unit type.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

So in some markets, you're gonna have a lot more demand for pull behind trailers because everyone has a truck and they're all going to Coachella or something, right?

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

In other markets, there's more demand for class B or for class C. So there's a very simple way to gauge what your supply and demand is.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

And I actually, I love this idea.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

Um, and I, I got my MBA like six years ago and obviously I'm a terrible student, so I was never paying attention and I was researching this idea in the back of the class.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

And here's exactly what I did.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

And this works for Airbnb.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

It works for any like, you know, sharing platform.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

So I would act as if I were a consumer on RVShare or Outdoorsy.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

And I would say, all right, I want to book you for this weekend for three nights for Class C. And then it would say 47 results.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

And then I would say, all right, one year from now, exact same weekend, one year from now, three nights Class C RV.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

So all the same filters, but the dates were a year from now.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

And instead of 47 results, it would say like 470 results.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

So it was like, interesting, all right?

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

Because no one's booking a year out.

My First Million
The Side Hustle King: "Make $20K+/month without money, luck, or experience"

I just want to know what the supply is and what the market occupancy is.