The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
So for someone who wants to start, where do you recommend they begin?
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
Does it start with a good idea?
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
How do they find that idea?
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
How do they make that into a reality?
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
How do they know that they know enough or know what they don't know?
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
If someone does not feel like they have any sort of advantage, what's the thing that they could leverage that gives them a one-up?
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
See, I like asking someone else, but oftentimes I feel like a lot of people will just say, oh, that's a great idea, because very few people want to be honest, be like, that's kind of crap.
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
Would it be better, though, just ask, perfect, if you like the idea, would you pay me for it?
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
How do you get honest feedback?
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
Is there a popular piece of advice that you hear very often that's shared that you think is total garbage?
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
Don't share your ideas because people will copy them.
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
Yeah, but let's just say you have a really good idea that you could implement that very few people have been doing.
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
And if we share it to 200,000 people...
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
statistically, a few of them will actually do that idea and do it really, really, really well.
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
And it might, you know, compete with us if we have a unique advantage.
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
And the Amex page is so convoluted with hundreds of offers.
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
No one looks through it.
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
But if you have the data, AI should be able to sort, hey, you're most likely to shop at these places, get these rewards, or these rewards are the highest ROI based on your current spend and where you spend your money and where you're likely to get value.
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
And then these ones expire.
The Iced Coffee Hour
Side Hustle King: The Most Profitable Business You’ve NEVER Heard Of! | Chris Koerner
And at the end of the quarter, they're gone forever.