Chris Koerner
👤 SpeakerAppearances Over Time
Podcast Appearances
And they weren't easy because they're easy businesses or industries.
They're easy because I had matured enough to a point to find –
good operators to run those businesses where I had little to no involvement in them.
Does that make sense?
Yeah.
You found people to run them for you so that as a starter, they didn't die the minute you got bored.
Exactly.
Whereas they carried on growing and evolving.
Right.
Whereas those are both quite hard industries.
E-commerce is quite hard and real estate is as well.
But I had good operators.
What have you learned about finding good operators?
Oh, man.
It all comes down to trust.
How much trust am I able to put in them?
How much trust do I have them?
I've found a direct correlation between people I know really well and people that have made really good operators.
How do you incentivize them?
Directly from the profits of the business.