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Chris Koerner

๐Ÿ‘ค Speaker
3698 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!

And then over time, over the course of months and years, we learned, oh, storage fees.

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

It's because sometimes your customers go out of business and then you're left holding the bill.

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

And like your storage costs are actually very high.

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

There's nothing to pass on.

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

Oh, pick back and ship fees because you learn all these things.

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

And you're like, OK, I wasn't like this genius that had an MBA.

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

I was just like trying to put my own spin on it because I thought I was smarter than that business owner.

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

Turns out someone that's been doing this for 15 years versus 15 days knows a lot more about the industry than me.

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

And I'm much better off just copying his pricing, copying the layout of his website, copying the size of the warehouse he has, copying the same niche that he's going after because that's clearly working for him.

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

So I don't make that mistake anymore.

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

I don't assume that other competitors are idiots, right?

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

I've been proven wrong too many times.

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

I assume that they're doing that because they've learned the hard way.

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

Yeah.

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

And if I copy them, then I won't have to learn the hard way.

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

I had several of our executives over at my house over the last couple of days, and we were looking at different models.

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

So basically, we're looking at other companies that do similar things to us that have been around for a long time.

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

And the question I ended up asking at one moment, when I had the exact same epiphany, I was like, why do they do it that way?

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

Isn't that shitty?

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

And there was a second where I think we were tempted to try and reinvent the wheel.