The Side Hustle King: 11 Easy Businesses Anyone Can Start

Date
Duration
74 min
he's back part two we called him to side hustle king last time which by the way pretty sick nickname we gave you pretty good you're welcome i don't know anything about anything other than business ideas so let's get i feel like i could rude where to know i could be what i want to from at all in it like a day's off on a road less travel never first episode did almost a million downloads across all the platforms and when you get a million downloads across all the platforms is that's the best way to get back to the divided different part two we gotta do part two i wanna queue like the chicago bulls ninety six bulls intro music for you because you came on you had a legendary first performance do you feel the pressure of following up right now no pressure you kidding me got and the reason people love your business ideas is because you have that girl next door energy you have that relatable i could do that that seems that seems in my wheelhouse and i can get to fifteen thousand a month i get to ten thousand a month off that doesn't seem too hard and i love that sam loves that we all love that so if you've been if you're one of the listeners who is looking for that kind of relatable achievable side hustle idea thought that these are all easy i mean easy i just mean like it's not rocket science those are the types of ideas you got chris welcome back to the pot thank you for having me man so i wasn't on that i i was off that day and i get messages from people trying to use me as the middleman man to get you or sean asking to do the driving range thing yeah the golf thing okay the golf thing got on we're we'll talk about that later alright a bang so chris let's start you brought some ideas we're gonna bring in some we're gonna r off these we're gonna react to these so where do you wanna start give me let's start with the bang give me give me one of the best businesses that you've seen that you think wow something anybody could do that somebody else could do that yeah you wanna go porch pumpkins okay so explain the idea and then let's talk about it alright so i'm on instagram i see this woman decorating porch of the pumpkins i thought that's genius that's brilliant it's just all visual it it sells really well on short form video so i reached out to her where we spoke i learned about her business she's doing seven figures a year across three months it could be seasonal people want her to decorate her porch for christmas thanksgiving flowers in the spring but she doesn't want to she just wants to do pumpkins and so over the last couple years i've learned of other people doing you know quarterly flower delivery like front porch flower decorations christmas decorations christmas lights this could be a year round business that starts with porch pumpkins who who is the lady can you say she just give a shout torres heather torres sean is this the same person that we've we talked about we did talk about this once before but there's actually a little twist to it now so originally and we we can pull up if fear on youtube you'll see the we see what this means so what is pork means basically during fall halloween season people want their house to look festive they hire this lady and she comes over with like you know like throw pillow overload of pumpkins and we'll just decorate the front of your house cool you pay her how much does it cost roughly for like a well i the so five hundred of fifteen hundred and she's there for like an hour you hired you did this you portia my wife saw it and she's like i need that in my life and oh okay and the it was it her who came or was it like a minute she hasn't come yet they're my all week is like two weeks from now and it won't be it'll be someone for her team okay amazing so someone for her team comes out they put push on and give me give us a sense of how well she's doing what do you know about the business this one woman in dallas who started this yeah she's doing between thirteen hundred and two thousand orders per year average order size is eight hundred twelve hundred dollars called a thousand bucks okay so that's something like a million and a half to two million in revenue mh and what's her cost so she's got an inventory of pumpkins yeah it it's about a twenty percent cogs twenty percent cogs that's the labor and the like and the pump is which she reuse i'm sure yeah she takes she takes it away after what how long does it like well she charges extra to take them away so how's people don't know what to do with them so that's an upsell okay so okay so you can pay to have them removed it's basically the christmas lights business but she's just done it not on christmas lights it's actually a much easier you don't have to like scale the roof and you know do all the dangerous stuff okay amazing and so you know this woman might be clearing a million dollars a year doing this do you know the origin story of this like how did she start doing this you stumble into it was she like a stay at her mom what's her story yeah she's just a mom she did it for herself she posted on instagram and her friends freaked out she wasn't trying to start a business so she started doing it as a favor and then she monetized it okay amazing and so you well one thing that it wasn't there last time we talked about this now saying if you scroll out to the middle of the page it's one on one business coaching for your pumpkin business and she's way got the boss lady pose she only created degree angle with her arms crossed which i think is also the pose i had for podcast cover or you they put her in the boss lady pose and she's selling one on one coaching now so you get two sessions an hour each for five thousand dollars so youtube can become a pumpkin there you go and she owns the trademark so people can't start businesses with porch or pumpkins in the name without talking her first interesting no way what say her i i'm looking at your instagram what's her instagram again yeah it's it's just porch pumpkins one word oh my god forty three thousand followers now is this now more successful look so on her like linked like her link off thing she's linked to your video that you did with her oh i even know that that's funny yeah do you have any association with her other than you just cool nothing no she's just awesome and so is this coaching thing doing better than her actual main thing i don't know i haven't talked to her about it but she also started a fa a business during the same season as porch pumpkins she's got like two retail locations where she cooks the he to go only and she's crushing it at that to go fa fa yeah alright questionable decision on that one okay so so what would you do let's say you're you live in sam what's like some middle in nowhere place like we wherever you're kansas in city missouri alright you're from kansas you're in kansas city missouri and you're staying at home mom you're entrepreneur entrepreneurial you got that itch what are you doing and how are you getting this business off the ground chris i'm gonna go buy pumpkins for retail at the grocery store i'm gonna like basically sorry heather but i'm gonna copy heather's design based on what i see on instagram the same colors in the same places as the same sizes i'm gonna film a time lapse just using my iphone and i'm gonna post it to all the local mom groups buy sell groups facebook instagram everywhere and then just watch the comments come in and start doing it for people in the comments by the way not to be dismissive so really me show and my own lack of skill but you say design dog get to pile of pumpkins dude this a design apparently there's something to it i there's something drive flower arrangement like if i us the hey belle go where does the halo you gave if you gave sean a pumpkin patch in a in a in a empty porch it would look nothing dude i do this as a challenge okay would like you lined torch pumpkin my own porch and i'm gonna post it just to see how knew with my there's some it's a pile of pumpkins no there's there's a little like you're drinking her k aid she's got you all under her spell alright so so you're gonna go buy a retail you're not worried about your margins you know on that front yep you're gonna make an instagram account you're gonna name it something not porch pumpkins because she's got the trademark for that so what do you patio pumpkins what are we talking sure front patio cords okay and now how do go how do you go get customers because that's the hard part of any business yeah i mean you post five to ten organic videos you see which one pops off the most then you push paid ads spend behind it to people in your zip code okay so you're gonna post organic content just as testing your creative and then you're gonna run paid on this yep yeah because you're you're basically selling a five hundred a thousand dollar ticket item yep so you have you you you have a lot you have a lot of room to work with so you even acquire customers free know yep fifteen thirty bucks hundred bucks yeah and then you can worry about wholesale pricing and going to a farm or whatever like this just unnecessary friction if you do that up upfront okay so what she said that she you said that she was gonna do something that prevents us from being just a october thing is that the course no she could other people are she doesn't want to she's got kids she's like this is her busy season she doesn't wanna work in on this business during the other seasons she got kids she got fa he dude she's got her handful and how what what do you think her take home is to what's your guess i would guess forty to fifty percent net that's a guest do you think she's she's working her ass off two months out of the year and then she's like she's like in deployment mode like she's was like i i getting by five am getting home at eleven pm and just brian in her ass off for two months and make six hundred thousand dollars yeah yeah dude we have a a lady that you know like if you took my family's like you know life expenses they'd be like oh whatever rent utilities you know insurance and then not that far down the list you'd be like who is the balloon queen and that would be this lady that my wife leads to hire for every kid's birthday for every you know special occasion that we were near like her patron you know you're like the you're you're like the king of italy and this is like you know michel angelo and you're keeping her a afloat because the world needs more balloon dryer he shows up and i'm just like oh twelve hundred dollars just you you knocked on my door and twelve hundred dollars just left my bank account because this woman is gonna make a beautiful balloon arch and a backdrop that we need i guess for every we need we need for every part have it okay and so i got three kids but we're spending like seven grand a year ten grand here on balloon arches she she's the she's the porch pumpkins of my neighborhood basically and one thing i've noticed with this is that you can kinda set a norm in any area so like christmas lights is one of these things where like there's almost like a visible peer pressure and an invisible invisible peer pressure right like the more houses is on our block that do something we feel like we gotta do something yeah i think i read about this in like a peter teal tweet it's called meme desire yeah to have balloon decorations to keeping up with the jones is it's so bro so right now and my my life is so and so you got it's birthdays you got graduation so all the stuff where people are doing stuff on their front lawn to kinda like if it's your special day you wake up and you go outside and it's like oh you guys did the thing for me and so i think there's almost like a porch pumpkins like birthday skew and a graduation sku that she could create which is basically just like y we dress up your lawn so that you know you have this moment your family did something for you and everybody knows it's your special day today and so i think you're right chris that this is not that that the the sort of fall halloween season is really like not where this thing is limited to it might still be you know forty percent of revenue but it's not doesn't need to be a hundred percent of revenue but yeah how cool is it that so my my mother law's is like the she has a a pillow company and she's killing it she pays herself a lot of money and i'm like smith you know how many are spending how much are you how much are you spending on ads and she's like well i spend like a hundred dollars a month and i'm like what's that turned into and she tells me you know a thousand or something and i'm like okay so why aren't are you spending more and she's like well because i work three days a week and i'm happy and i'm like but but but and that's kinda what this lady is so she's the same thing where you kinda have your lane and and you're happy so it sounds like she's winning yeah you know i think for the rest of the us about the the banker and the fishermen yeah and i was like this bankers on to something y'all know might take from that story hey real quick if you like this episode to chris and you want more he's actually agreed to give away his entire database of two hundred business ideas just like the ones he's talking about on this podcast and he's given it away for free so if you just go to the qr code that's on the screen or the link of the description below you can get his database of ideas and these are like his blueprints for companies that he thinks can work and this guy's done it before he's built a come a bunch of businesses that are successful so go ahead take advantage of this resource and now back to the zips alright chris give us another one what's another idea you think pool small niche cash flow type business yeah so i'm gonna take what you just said about like meme desire keeping up with the jones and it goes perfectly into this next one so we we just got a sport court and i think sport courts are the next pools k explain what a sport court is sport court is a multipurpose purpose slab a concrete that you can put tiles down on or you can paint lines on it and do pickle ball a volleyball soccer basketball you can do multiple sports on the same thing right it's the thing you put like in your backyard concrete and then they have this like almost like what do you call that like kind of the the mesh looking rubber thing on top they're just like tile sport court tiles yeah like so then you can play like any kind of sport you know on on top of that so you turn your backyard into some fun okay go yeah yeah so like three five years ago during covid everyone was getting pulls out here they're all getting pulls and pulls were like seventy five grand there now they're are a hundred and fifty but now it's all about sport courts if you wanna keep up with the jones is and i'm i'm trying to keep up with the jones too so we just got a sport court this year and i got a bunch of quotes and half of the the companies wouldn't even call me back the ones that did they were just dudes like me they look like me wrap truck and i was like i know you're not gonna be putting this sport cord in you're just sub it all out you're just a dirty marketer like i am and so they would told me like how did they respond i wouldn't tell that them to their face just i only go on podcast podcasts and say that about so they would quote me now we're talking at thirty by seventy foot sport court which is good enough for half core basketball and and pickle ball k that's what i got what i wanted they were charged me fifty to sixty grand k i can't do that i can't do that so i start getting quotes for from subcontractors going on facebook marketplace looking for a concrete guy a painter fencing guy because you wanna fence it in so the ball is fly everywhere and long story short i got quotes to do all of it it's into my backyard right now for about thirty grand half right so then i start thinking okay there's a business here i already have the subs they're all affordable so what i'm i'm doing is took my tree company and my operating partner and we're pivoting we're going away from trees with a one thousand dollar average order value and we're going full time sport court oh my gosh what's they called well there's no website for it's not like a you need to name though i do have a q name i got the domain name there's just nothing on it it's called backyard fun house because we're selling the dream we're we're not selling sports courts we're selling you want the backyard that all your kids friends wanna come to we're selling the drink so you start with the sport court get your foot in the door then you go putting green then you go pool then you go fire pit outdoor kitchen and pretty soon they green what you're doing is you're taking the business model of pool installation which is a popular business model and you're basically saying look that's a pretty saturated market probably now you know at any place that's kinda pool weather friendly they're gonna be multiple pool installers and and and and builders in that area but you're noticing this trend where some people are like hey instead of the pool or in addition to the pool we want our backyard to be fun in a different way maybe maybe for us the right market the right thing is pickle ball or basketball or or whatever soccer and you're like okay whatever that pool market is there's gonna be this new market where there's not established players and i can come in and basically do that in my town and then you know anybody could do that really in their town is that the is that the right way i'm right this idea if you look at google trends if you look at the keyword tool the search searches are exploding for this and the supply is not keeping up with demand yeah i've i've seen this a bunch because i was house hunting and saw a bunch of these and i had the same it's funny of you were like you're selling on the dream because i saw it and i was like oh so me and my wife were gonna we're just gonna play pick a wall have we ever played pick up all the other no but obviously we'll start obviously that'll be the new us and then my kids and their their friends will come over and it'll be so cool and it's like this like almost like this it became a wow factor for certain houses that we were looking at they were trying to sell that as a as a bit of the the the the the x factor for that home so i kinda believe this we also sam we have some friends c and xavier who have a a business called enduring ventures where they buy businesses and one of the businesses that they bought is a pool construction business the same you have you looked into ever you've heard them talk about how great of a business was for them yeah i mean the one in arizona yeah they have a business in arizona i think it's called dolphin pool so you're in arizona yeah they'll get a dolphin pool and it's just been this steady compound i think it's like a twenty thirty million dollar a year pool business that just serves that one geography and it's a very you know it's a profitable business i think it's cash flowing let's call i i mean i i don't know the specifics but i wouldn't be surprised if it was four million to five million dollars a year free cash flow generated from from this pool business and then obviously you know and and and they're able to just serve and that's just one market right so like i think the sport court alternative to pools it's scott got some legs dude i i'm mean i'm already generating lease for like this isn't just hypothetical okay where where are the leads coming from facebook net yeah i mean where do all leads come from sam it's all meta it's all meta right that's where we're all get our leads from i don't know but where the leads come from facebook that's it it's they're only one place short form video fifteen seconds selling the drink sassy little bitch okay i like blush you're making me blush alright what's another one boy wait saying sam i want your grades for these first two okay i love the pumpkin lady pants on the sam scale what is it yeah so for a very particular type of demographic who wants that lifestyle i honestly think that's a nine out of ten k for sports court i think that's a three out of ten i don't wanna work with some contractors like i don't wanna deal with people who are hungover what how's that been where how's that been like working with slammed i'll tell you working there i use it i to do landscaping i could tell you i i know what they're like like you know what i'm saying like there's gonna be pill bottles all over the place you just gotta work through some bad ones to find the good ones just like employees right well there's like different ratios of like how many gotta work through yeah it's like we talking about company is a boo company called hampton okay yeah he he doesn't know the first thing about this he's got a different different brand to pill bottle for them it's a to quote to quote harrison ford sam that's what the money's for okay that's that's what thirty thousand dollars net profit per job is for it's for dealing with annoying sub subconscious to show up with meth in their side so you got a nine you got a three hit us with your next chris alright so right next to my sport court we put an in grand tram k why in ground tram because our tram blows over into the neighbor's yard every two years like clockwork and dude you're a great dad you got everything we're we're working on and we wanna be the backyard fun house you know what saying yeah so we put in this in ground tram sam i want you to guess what it cost to put this thing in the three grand ten grand yeah okay ten grand really yeah forty forty five hundred for the tram itself from a shopify store that i found from facebook ads right of course and then five grand for the digging for digging it out and so this dude with an ex incubator that he didn't even own he just rented it it shows up with another dude they spend four hours digging it out putting down some weed barrier and they walk out of there with five grand so i saw his dads are keeping the economy of you tell you so i start talking to him on the job site and i'm like where are you getting all your jobs and he's like from this e commerce brand they like they they can't sell tram unless they have someone to dig them out for him and he goes which the e commerce it's tram dot com believe it or not so no affiliation but they they can only sell tram that are in ground if they have someone to dig them out and there's not like the guys that own escalators are too busy digging pools they have no interest in tram so you don't need to go buy a hundred thousand dollar back you rent one when you get a job you dig the sucker out and you get paid five brands sorry i i i kinda zoned out because i thought this might be the same idea as sport court but actually it sounds like this what is what you're saying that tram dot com gets demand and they sell the tram but they don't wanna go do the backyard dig and you're can get the leads from them is that what you you're saying this yeah and how does the get the leads from is it like you're saying like you gotta know a guy who knows a guy and go get do some biz dev with them or like a portal you sign up for you area yeah and i reached out and they're like yeah we don't even have our paid ads turned on right now because we can't sell like we don't have enough people digging these things out for us dude tram dot com by the way is owned by someone who's part of the tribe of mormon or he went the by you guys do all the all the best stuff what can i say with brad mills owns tram dot com that's a that sounds like a pretty fun job i mean you can't drink you can't smoke you install tram yes so they have this mask on the thing where they got certified installers and premier installers in all these different areas and then you basically if you're on tram not can gonna you get you get a quote from the installer and then they do all the work yeah something like that yeah so you're saying become an installer yeah or just like like we have a an ex guy for our tree trimming business and we talk to him about other jobs that he does and he gets paid five grand to dig out pools and it takes him a day just him you know playing with controls alright those guys listening he's like he's fucking the hell chris and my four old son's dream job i can't let him hear this podcast my my overall point is like high ticket home service in general in a strong economy there's way more demand than supply in any of these little backyard businesses okay i like this backyard business theme you've given us a bunch of those let's do a non backyard business so you wrote something in our notes not i'm gonna give it of four that one's a four man i don't wanna take holes so i don't wanna dig holes so like you do wanna dig holes hobby you would actually have yeah on my time yeah yeah i don't wanna get paid to do it that ruins so far yeah sacred your art yeah don't meet your heroes alright so you have this sentence on here that i don't understand but i i'm it's provocative it says what starts in dubai will make its way to america what does that mean so i've been there twice and they just live ten years in the future they experiment with all this stuff they're very entrepreneurial and a lot of stuff they experiment with never takes off but if you see it in dubai for like one to three years it's probably coming out west and we can get ahead of the trend well were examples of other things that like kind of dubai was early into that thin propagated do you know of any others dubai chocolate for one you familiar with that no what is device it's all the rage right now and i've been getting i i've i've fallen victim i've eaten so much like chocolate right there i don't know about what is this what's different about dubai oh my gosh i have no idea but it's just like a chocolate bar stuffed with like pistachio that looks cool on instagram you know how like three years ago the theme was pineapple and like last year it was like i think it was like pear like there's always like a theme in food and in like wrapping paper and like the two big categories the america's two largest exports and right now for some reason it's pistachio flavored chocolate and if you go to like a bo yogurt or ice cream place you get yogurt or ice cream with pistachio like crush up and chocolate on it and honestly it's amazing it's great so i'm all i'm on onboard the hype train they got whole mall kiosk selling just dubai chocolate now like it's a whole industry will it be around two years i don't know i don't care right right but another thing perfume vending machines started in dubai now they're everywhere okay and what's this one that you're referring to this manic thing yeah i mean they're in airports in dubai and like outside of nightclubs and you just stick your hand in there and it gives you a manic here so it's a little it looks like a printer almost so it's like if you basically put your hand in the robot printer and you get a manic here is it cheaper is it faster what's the like kinda core edge that this has over you know going into like a nail traditional nail salon yeah it's like a one third the price and a lot faster alright that's interesting by the way what speaking of have you guys seen r robot what's that i could chat you up what's a r robot alright so you've seen like tesla's like humanoid robot sam i think you invested in figure you know people like the next big thing is based on these artificial intelligence and super cutting edge robots well somebody made r robot and it's going super viral on tiktok right now so what the robot does basically like runs up to a human and the run is hilarious that the robot does and then it'll like stop in front of a girl and then it'll put out its hand to like kiss their hand and then it'll like from its audio from its speakers it'll start playing romantic music and this person in public this woman is just like what's happening right now what's the what's the what's the outcome of this the owner is like sick i no idea my robot just i just gonna reach the views on their last ten videos thirty seven million fifteen million eight million nineteen million eighteen million like the robot just seduced the lady it's just this funny lovable robot that wears a little like cowboy hat and he runs around like trying to like spit game at at people it's it's amazing it's just this is amazing viral thing that's happening like i yeah i think the what's gonna happen here is that you're gonna have like before you have the humanoid robots that can like do warehouse work and like assemble cars on the assembly line you're gonna have basically like pet robot you're gonna have just like a goofy robot that's kind of fun and like a little party trick that you can make like that doesn't have has like you know one one hundredth of the functionality but can make you know a hundred million dollars know off an idea like that dude you guys wanna see a sick robot i have nothing to do with this company i just think it's cool go to mat robots dot com so it's the new roomba i see okay yeah let me tell you the story i met this guy and i just thought his robot looked looked awesome so i started dm him and i got one and it's basically like a twelve or eleven hundred dollar roomba but it vacuums and it mop your house but it there's a bunch of like really like nifty features on there and this is only like cool if you're new gadgets but it looks you know how roomba like you'll hear like bumping into shit because that's how it like tells if it's like it like uses cameras and it maps out your house but it has always tiny features like when i got it and i turned it on the battery was fully charged and it said hello par family i'm here to clean for you like like it like was like like a little bit accent yeah like these little tiny features but the guy who started this company he's been working on this for eight years and he raised a bunch of money and he's just like been in the lab now for eight or nine years and after eight or nine years of tinkering his goal was to build the perfect roomba and he has it i think after like nine years i'm working on this and it's finally for sale and i thought it was really cool chris what do you think i'm thinking of how i monetize it well by selling a twelve hundred dollar vacuum might take that they come on i can yeah i would go to cleaning businesses and rented it out to them for a hundred bucks a month and they show up to a house to clean it and they could just hit play then they could do everything else save an hour on every crew imagine if you hire a cleaner and they show it up and then they just like roomba down push play and walk away or they just sit on their phone for like two hours be amazing listen up the old playbook is slowing you down ai broke the funnel loop marketing fixes it it's a new era for marketers ai is capturing search traffic channels are fragmented and generating leads feels less predictable than ever before hubspot loop marketing playbook will guide you through this unprecedented disruption it's the system your marketing teams should use to move faster connect deeper and grow smarter the modern growth playbook for the ai era built by hubspot design for today's marketer get the loop marketing playbook at hubspot dot com slash loop dash marketing to find out more and leave your competition behind alright back to the pod what other ideas you got this is the sam idea is this the one that says doll houses for men parenthesis sam will love that's the yeah what's this idea should we watch it yeah let's watch let's watch the video freaking guy right here he's tapping into a billion dollar market that nobody is serving right now ask yourself real quick what's the male version of doll houses day three of genius business ideas has follow for more there isn't one and that's the opportunity men are builders we want to create with our hands but nobody's selling us the materials to build miniature homes and structures like this how many views this thing has there's your demand grown men would pay serious money for high quality miniature building kits myself included i'm calling this the guy doll house market full business plan here yeah i'm sold so it's basically art so we're watching this video it's based it's exactly how it sounds you are literally building a home like framing it with like the drywall wall and everything else and this guy is crazy he's using a proper nail gun and you're building a very real life replica of a house i'm in this sounds awesome spend my time doing this with engines like when when my wife's is pregnant we like you know you can't like do too much you gotta like kinda sit around a lot we got into legos and now we like to build like replica va eight engines it's very nerdy thing but it's kinda like what we like to do instead of watching tv this seems so much better i would love to build the house is this a company that's making this or is this i this guy just did it wow yeah you're right because this is basically like you know people who love to play you know flight simulator and it's like oh you're playing a video game they're like this there's not a video game like i'm flying this plane right now for real it's like it is so realistic that it like moves into another category and it seems like that's what this right so like instead of like lego or like overs simplification this is almost like just miniature complexity so it's like no this is like as real as the real deal but just on a small scale we don't have to actually do all the like the true work and so it's like this like escape it's is this is this a whole new category basically does this video have a lot of when this guy posts this does just have a lot of like organic traction like people like yeah i want this oh yeah and that video that you just watched of mine got like twenty million views like there's demand for this yeah that's cool so you you would basically just create these as kits and then the sales process is just to do this over and over again like you just make content of you building more and more elaborate you know elaborate or funny or like hey i'm gonna like make the house from full house so it's like yeah that's the tiktok subscription too yeah just buy the kit and and make the thing like be yeah be a man but kinda not for real yeah yeah you're friend it's called be man kinda yeah this is pretty cool there's a store near my house it's called tiny doll house dot com and you walk in and it is tiny doll houses but it is the most meticulously made dolls and dal houses that i have ever seen so for example instead of a dial house they'll have like a a store a replica store and like the little bags of lays potato chips or like hand painted or like you know like the reese's peanut butter cups that you can buy at the counter and like each human bean or dal is like a perfect like re enactment of like whatever period it's supposed to be a replica of and as everyone listening it's one of the things to be like like oh it's so weird into that whatever everyone who sees this is like this is amazing this is so cool i get it now i'm not gonna buy my daughter a three thousand dollar doll so but you'd buy one for yourself but buy one for myself i earn money it's this is crazy i mean do the police just like oh there's a murder oh let's just stop by the tiny you doll house because those are the creeps who are definitely find all these murder like if you walk in you automatically join a watch list yeah should like we're not saying you did it but we're saying there's a yeah that's the point of a watch list like is you haven't yet but maybe you will and and you definitely sign one of those when you walk in okay i like this business this is my this one sam you gotta give a strong score on the sam's scale so i think i would give it an seven or eight it's this is hard have you guys ever put together a complicated like lego i set it's amazing how they think of all this stuff it doing the directions for something like this is so freaking hard but i do think you could you could charge a thousand dollars plus for it so yeah it's pretty cool yeah i i like because you know the hardest part of any business is how are you gonna get customers i think that's unless you're doing a hard tech startup where it's like we're gonna try to create a robot or a machine that does something that no machine has ever done before like that's one class of business where the hard part is can you make science fiction a reality for most businesses the hard part is great how am gonna get customers and i think the like sort of amateur approach is always like oh this product is cool i think i would like to make and sell that product and it's say like cool you know that most of your life ninety percent of your life is gonna be spent just doing the marketing to try to get customers for the thing and what i like about this is that you can work backwards from the content that would go viral like this is content that would go viral repeatedly and that will be your sales engine to sell your kits is this a huge business no but could you basically have you know three skus and charge you know a thousand dollars per each one of these kits and just get this like hobby market that people other people have you know sort of ignored or overlooked i i definitely think you could do that i think and you could do it with just viral content i mean really any of these ideas you could film yourself doing and sell right digging out in grand pools porch pumpkins what would you do for this gov deals dot com so there are these liquidation marketplaces where you can buy costco returns and everything that the tsa con skate you can buy for like pennies on the dollar well chris you wrote good headlines you should start with the headlines so the headline here you wrote was how to make a thousand dollars a day selling tsa liquidation items yeah okay you have my attention so tell me more yeah so i mean you go through the tsa and they take your pocket knife and then they give it to this website it's sounds like a non nonprofit it's not a nonprofit it just has the word governor it it's very much a dot com and they sell this crap and then you it's you're in the liquidation game you buy palettes worth of crap and then you split it up and sell it on facebook marketplace so if i go to gov deals dot com this is where you go buy the stuff right so what should i you go you go by by category here or you what to do yeah so the other website that does this is beast stock beast doc dot com they have like a a contract with costco and this is not part of the government by the way who who who is like gov deals who who who the heck making this is how do they get the inventory so i'm freaking dude that has a friend at the government i have no idea but okay the the the alpha here is setting filters for your local area and finding things that are too big too expensive to ship right like own police cars or something yeah and i've been on this website by the way to try and buy and school bus a hu i wanted to buy like goodbye like military equipment yeah i've definitely been on the site okay so i'm looking near me and let's see i gotta a i got a refer a vaccine refrigerator an electric scooter what am i looking for what's the what are the needles in the haystack stack that i really want here chris well what you should do and can do is build an agent right like just vibe code an agent that finds items for sale according to your filters right like let's say under three thousand dollars within a hundred miles of your zip code and then it just post them all for sale on facebook marketplace at a set mark call it like eighty percent and so you just list all these things on facebook marketplace and whatever just starts taken off getting a ton of hits and inquiries then you actually go spend the money to buy the thing gotcha okay okay so you're just gonna re list all of these things and then yeah and then basically ship on demand buy on you know you sort of drop ship the the government confiscated items yep dude this is fantastic i'm at vs stock vs sac dot com has raised eighty million dollars from a pe firm and they do something like two hundred million dollars year in sales i wanna like i'm gonna shop on this i love i love like going on ebay and looking for stuff this is really cool there's a twenty twenty mc for a hundred fifty thousand dollar sam right now on b suck or on gov deals on gov deals dude if it's on gov deals that means it was like repo or like you crime yeah it's got a good story to it yeah look gta six is not out yet this is the closest thing you can get to it have you guys heard of a two two sixty sample sales dot com no what is that so two sixty sample sale dot com so basically do you guys know how like tj j maxx dude the like tagline says i y k y if you know you know i don't know i in fact i don't know should i just leave the site is that the headline like like that's obnoxious so so two sixty staples sales so in i think it's in miami new york and la and so you know how tj dj maxx what they do is they convince like nike or whatever to give them last year's stock to stuff that didn't didn't didn't sell and right they don't wanna put in their store because they don't wanna like look bad whatever these guys do this but with typically nicer brands not like significantly nicer but nicer stuff so like todd snyder i've see them do it with buck mason i think you know brands where like something might cost two to three hundred dollars for a sweater these guys do it all over new city and what they do is they rent out a vacant space and it's very bare bones it's just racks of clothes like portable racks of clothes and you walk in and things are dirt cheap and it's amazing and every time i see a two sixty sale they have these pop ups so you sign up to get alerted and then they do a pop up for a week at a time the there's the line is out the door it's crazy they are getting they are doing so much volume the demand is huge i thought sean you actually told me about two sixty sale so is it like significantly cheaper basically significantly cheaper yeah like like ten percent of the price so a three hundred dollar item will literally be thirty bucks it looks like they're kinda doing a membership model right so like you pay is it you pay to be a member and then because of that you're gonna get to shop early i think you get early shopping access but it is really cool i've bought so much stuff from these places and it's it's great it's great it's like one of these businesses where you had no i had no idea that this existed but it makes sense like where what have you bought because every patreon website is like a very extreme looking piece of fashion just like nothing crazy like like boxer cargo shorts from tu snyder like like and i and and what happened was i i fall victim oh this said it's it was three hundred dollars but right now it's fifteen dollars i have to get this that's like that's like that's like the energy and i'm leaving money on the table like body yeah for yeah but i love two sixty sale let's do another one what's a what's another fun one you have how about this mobile fuel delivery do you see this one yeah i've never seen this now mobile fuel delivery what is this so people are paying to not have to go to the gas station anymore and the churn is next to zero people get addicted to it the guy just kinda you have an app you set up an appointment he'll come top off your tank you pay a markup on the gas and then you pay a monthly subscription fee his i think his lifetime value or his is revenue per year per customer is five thousand dollars and his lifetime value is super high that's insane so there's a door dash for gas pretty much yeah you know how people when they get when they get an electric car and they're like oh it's so great not to go to the gas station i hate that how long supposed to get like a like a like a diet pepsi to slim jim you know i mean like i i need to go to the gas station same i i feel guilty when i pull up to the gas station in my tesla like everyone's judging me but so how by the way one of the comments on this video is dubai has this oh so by the so what how much more expensive is gas like so if i let's say it's a hundred dollars normally for me to fill up my tank what would it be with something like this so he'll take the average price of all the gas stations within like a five mile radius of the customer's house and mark it up like twenty percent alright what what about this like novelty ice cream thing because my kids go nuts for the ice cream truck whenever it comes around yeah and i just can't believe he doesn't come around more often like it's like a once a month thing i'm like dog we bought we all buy every time you're here like why are you just not hear more off where do you go i just come here every day like at the park basically as soon as the truck pulls up every single cake goes and gets an ice cream and the truck literally looks like it's nostalgic like the idea of ice trust nostalgic but also the truck actually looks like it's from nineteen eighty eight also and like the menu does too and so i'm just looking at it thinking like this is nostalgic but actually it's just old this which is not what you want so chris what's your ice cream idea so this is like a three or four hundred dollar machine and it's basically like a frozen cylinder that you pork flavored cream over melted ice cream and then it scrape it off and you put it in a little container and it's it's ice cream it's viral very visual ice cream that sells itself you can do it on a busy straight corner or farmers markets you prove out the demand in like an affordable way and then you scale from there it looks like a stack of like hey or something yeah so on your it's on your instagram i'm i'm just reading the or tiktok it just says that you're doing are you saying like a different idea every day because on here it says you're on day fifty seven and apparently someone makes fun of you because the top quote was does the ice cream taste good i don't know and i don't care that's just the hack to get more people to follow me i mean which is what it just just say this is day fifty seven because then they follow like oh i wanna see day fifty eight it but what no day did you ask the big secret there's no doing this for like two years come on wait really so this isn't actually day fifty seven you just made it up well i mean i post three ideas a day and my editor will add day whatever to any of them i don't we there's no rhyme of reason it just helps it works it's too ga come on what do you want it could be day fifty seven it could be you've posted all these ideas and you know you you find something that somebody's doing and you're like oh genius this could be a thing boom genius this could be a thing what's kinda like if you step back au you have a takeaway from from this whole thing maybe the takeaway is about the types of ideas maybe the takeaway is what you've seen in the comments are people's reaction or maybe it's the take maybe the takeaway is in you know the action you've seen some people take off these like what are the actual lessons you've had now after posting i don't know how many you know hundreds hundreds of these videos people are very creative in coming up with excuses and reasons why they won't do something right very creative if you look at my comments some of the most common things are yeah what about insurance what about liability you buy insurance that's what insurance is for oh this is so good why don't you do it why you i have like thirteen businesses like i can't do all of them i'm sorry for giving you an idea people like we will if we were as creative and i at actually starting and executing on things as we are coming up with excuses why it wouldn't work like we'd all be millionaires by now yeah the comment section of instagram and tiktok on any viral video is like where i would send my worst enemy if i was like you should learn the adopt this mindset this will serve you well and i would just send my enemies there and one by one they would all become incapable people who focus on the absolute wrong things right on on the viral videos not on like you know niche small community videos or things with like a a strong loyal audience or whatever i'm talking about just stuff that just pops off okay you got ten million views this the top you know it's like oh this person made it and it's like well people who've made it a ruining america i was like what what like what what that's your takeaway from this like success story is like success is bad or you whatever like just the the amount of oh just like poor poor quality thinking and attitudes in the like sections or in the comment sections is is pretty pretty wild on a big video do you do you guys read the comments i read the comments on our youtube videos i don't really read them to get like feedback though that makes sense like i read them and i reply to people because i'm like oh it's cool that you care enough to write so i'm gonna like i wanna talk to you that's cool but i don't like look at it and think to myself oh i'm gonna do that because that would defeat the purpose of what i'm trying to do you know the rick rubin quote which is the the the the greatest thing the nicest thing you could do for your audience is ignore them completely if you're a creator or an artist you're trying to make something like you should make the thing you wanna make and then let the chips fall where they may that has become like much more the the philosophy i have if you want feedback on like a specific thing cool you go ask certain people that you respect for that feedback but like you don't just you don't just react to what's in the comments yeah it's it's i i i agree with your philosophy and also it's hard hard like psychologically to avoid it you mean well you get a huge dopamine rush so like if we do something that hits and you're like i didn't even have fun doing that but a hit you still get a dopamine rush and you can record something that people love and it falls flat and you're like that doesn't feel wonderful right now even though it felt great when i recorded it i like to say like you can't go viral without half of everyone thinking you're an idiot right it just comes with the territory or also wouldn't go viral does not seem like a pretty like toxic game to play if you're reading the comments yeah but not just toxic for your mentality but like almost toxic in the sense of like you know like i'm a sports fan and i used to love growing up watching sports center that sports center used to be a bunch of people who love sports showing you the highlights the coolest shit that you missed and making some jokes along the way and then like if you fast forward to espn today it's basically like debate shows for one guy gonna say the craziest shit ever and the other guys gonna fight him and you know and they're like cool do you believe any of that shit you're saying they're like yeah yeah what does that have to do with yeah what does that have to do with this so you know like the key differentiator is do you believe it and everything i post like i that's a that's like a checkbox box in my mind before i hit publish is do i actually believe what i'm saying sometimes i believe something is controversial and the people think is idiotic and i post it and it usually does well but i'm not in the game of publishing things that are just bombastic to get to get views if i don't believe it hey quick message here because you know that feeling when you send a wire and it actually works no friction well i've used mercury for years now and let me tell you it just works and that's why use it for not one not two but eight of my companies from credit cards to invoices i have everything in one place there's no gen dashboard i've never told please visit a local bank branch none of that tom fu and a few months ago i landed a big client the first thing i did i sent them a clean branded invoice boom deal closed cash in the door that's the kind of banking experience i want and that's why i use mercury so if you're running a startup and you want making that feels like it's built in this century well go to mercury dot com and get started in minutes mercury is a financial technology company not a bank bank the services are provided through choice financial group call them man a and evolve bank trust members fdic chris have you done anything else cool in your businesses since the last time we talked so you pivoted your tree trimming business last time we talked on here you're were like alright i got like a dozen businesses mh that are doing in total like you know two or three million a year in free cash flow has anything cool happened in your your portfolio i'm almost ready to open my secret pickle ball club that we talked about last time okay what what's been so that that's been a little while so it seem like you were gonna like open that up quick have you run into like real world bumps doing that yeah i have to expand my metal building and it's really hard finding a company that wants to do that because it's a small job there's companies that wanna build metal buildings and barn dominion from the ground up but that was the what was the idea again like you had a space and you had like a a shed or a big big kind of barn in your backyard yeah and you called it a secret pickle pickle all yep yep and you were like i'm gonna have a hundred something member or two hundred members or something like that who pay me what was it a hundred bucks a month yep hundred bucks a month and i'm gonna base and all i gotta do is like basically run this kind of like no employee backyard pickle ball club for people yep and it's almost open well chris i see one thing in your little i'm i'm on your tiktok feed right here you have it's like kids gym equipment and i just bought a little bit of this for my home gym because like my kids always come down and wanna like be in the gym with me or kinda bug me while i'm working out like they just think it's like playtime and i need like a thing to occupy them and so i've bought some of this like fisher price looking gym equipment and there's there's a couple of problems with it one is like kids get bored of it fairly fast two it's really ugly so like you have like red yellow green blue suddenly like all over your gym which like was is not that color so it kinda like trash up your gym and actually like the thing that kids like is basically obstacle courses and so i think the kids gym equipment to make is basically like a easy to set up like little course or like the equivalent of like a few very like it comes with like like a mcdonald's menu of like twelve different courses you could just set up and that would occupy my kids for thirty minutes and it'd be really fun i mean i do this manually every day with my kids obviously like create obstacle course of my house and like chris have you seen the nugget no sam do nugget oh yeah i i'm i'm a nugget owner so yeah i yeah these modular yeah so the nugget is this incredible business where they created kids furniture but it's not doesn't look like furniture right because if you if you thought of kids furniture from first principles as elon would say then you would make this you would make something with no hard edges no corners that they can get cut on it would basically look like a toy which is what the nugget is it's like you know a a couple of foam kind of base pieces and then foam triangle foam circle whatever and so you get these like shapes that you can just set up as a couch when you're not using it or when you wanna just sit or you can fold them up and create like basically a jungle gym and moms go nuts for this thing i don't know if you're seen like the nugget owners like facebook groups it's like a hundred thousand members of moms who just like love the nugget and they want the new colors of the nugget or they want like ideas i'm like oh if you buy two nuggets you can create this in your house kids love the nugget parents of the nugget and it's basically this like modular piece of fur it's like a mix of a furniture and a toy and i think like you know there's there should be more of that this business a scaled i think their plant is like i think they started in like north carolina or something but they do you know fifty sixty seventy million a year in revenue on on the nugget it's like a real like legit business actually i think that that estimate might be actually actually dramatically low might be i it might actually be double that by now i looked into it for the first time like a couple years ago and and was thinking about potentially competing with them yeah i bought one after i you told me about it it seems it's amazing and do you think the revenue is now let me see they they had posted i remember it was like seventy five million a while back but i i imagine it's over north of a hundred million now as would be my guess and profitable business that was bootstrap no investors as far as i as far as i could find and so they but there was a there there's a bunch of opportunities like one the nugget was quite expensive and so making a lower cost nugget was like you know one option two you could always like but basically like if you could do the nugget but get into retail because they weren't in retail and so like i remember thinking like somebody should do the costco like costco basically has like knock off versions of everything so if you see peloton you walk in a costco and there's something called like i don't even know what it's you know what mh echelon it like looks exactly the same the name fucking rhymes and it's like this is peloton cool like there's aura ring which is like the kinda like fancy fitness tracker and they're like boom we have the like whatever the z ring and is they they they'll have like the costco brand partnered version of these they costco doesn't make it they just find a company who's like plays at the right price points for costco too that's exactly like that's pretty much what my company to also do with the scam we just aren't gonna raise at vc and i could can sell for less and make more money i mean it's it's the same thing that's what wanted did i mean that's the difference what's the difference do you guys different well we didn't raise vc therefore we can make less profit get are different the spelling yeah i can't do read i'm i bet i can tell you where the nugget found all their customers from facebook ads yeah yeah it's all facebook ads that's it everywhere you look is it's just facebook ads and and they did have to be clear like insane word mouth like you know like people really love this product and we'll ship show data to like when would you play dates it's like inevitably the parents are like oh what is that hey right like we we tell people that it has some viral to it as well it's a great product and they did a great job but you know there's i i think there's more opportunities like that in the kinda kids space where you make something that's like functional that kids find fun but like doesn't clutter up and make your house look ugly at the same time no i wonder if you could do like the the casper mass mattress version of this and build a nugget competitor that like you can like shrink down to make shipping costs cheaper make world problems isn't it yeah it does come like that it comes like rolled in a thing and then you like let it expand for two days when it gets to your house chris what's your favorite business of all the businesses that you own i'm curious oh man of the ones i currently own yeah yes oh man but what's the best business one you the one the one you're like oh this rv parks i like my parks same same more words i just i don't understand why people invest in single family or multi family right with a mobile home or an rv park you don't maintain the units you just maintain the infrastructure under the ground it's a hedge against the economy when the economy is good the millennials and the boomers are traveling you got short term stays when the economy economy tanks you got people living in your rv parks full time so you hedge it both ways what what's your rv park called well i have ownership in nine of them so what's like one of them moose creek near glacier national park why don't you just buy more of these then i well i am okay so i'm looking at this moose creek what a stream side that's our holding company that owns all of them we have twenty nine and then i'm looking this is very nice websites so when i think rv park i thought like trailer park but this looks like fancy thing what yeah it my come or there's just like no i've done both you yeah this is more like k this is for short term stays they're near national or state parks people stay one to three nights at a time trailer parks people live there full time month to month or year to year so you went near a national park you buy a piece of land you get it zoned and permitted i assume and then basically people bring their rv there so you're not building mobile homes they bring their their rv there and they get to park it and they pay you fee to park their that's what this is yeah we we don't really build we'll expand but we're usually buying existing parks and adding value okay great so that but that's what this is and then how do i if i just wanna come short term stay you have stuff sitting there that i could just go use or i have to bring i to bring bring your rv yeah okay so there's no basically just has like a a way a a way to easily change the water it has electric hook ups and it might have a pool or like some type of like lounge that you can walk through the business on these so you said you buy them you don't build them so so you you bought out whether it's this one or another one so like how much you buy this for this one we bought for eight million dollars and it was doing seven hundred thousand a year so like a nine percent cap rate give a case so you go you put down two million three million would you put down we put down twenty percent so one point six million we raised forty percent from investors and we finance through a bank the remainder okay so you okay so you put down one point six and then forty percent of the eight million you also put out as equity so you have like less debt than than typical so you have forty percent debt on this thing you buy it it was making well you said seven hundred thousand profit at the time and then you said we add value so like what was the play to add the value to this one so this one was open five months a year whereas it could've have been opened six months a year so it it opened on may fifteenth closed on like october fifteenth we opened from may first to october thirty first right so we added a month of occupancy sounds was pretty simple right and yes okay so and and by the way you talked to the owners and you're like hey guys how come you don't do that and they were just like we just definitely what no good happy we yeah we we're good it makes good money and then we bought an acre next door or two acres next door and we expanded into it so the rents were under market we raised rents we added more pad sites we expanded the season and now it's doing like one point two million a year of never gotcha it and it'll would be maybe still an nine cap rate or you know or was that like a sign of the time we bought it under market it was probably worth an eight cap when we bought it so it like seven and a half cap it's like a it's an eight figure park now yeah so that's like a fifteen million dollar thing now so if you went and you sold it today if it's stabilized and it's working well because you did raise the rents yeah add more pads you extend the seasonality by fifteen percent or you know either the the open window and whatever else you said you did and so now let's say it's a fifteen million dollar thing you go sell this you will end up turning you know one point six of equity into something like you know three point two or maybe more because you have carry on the investor thing something like that well more because we're packaging it with twenty eight other parks we so we have a hundred and fifty million dollars worth of parks under management and then we have a portfolio worth a hundred and eleven million under contract right now so by the end of the year we'll have two hundred and sixty million worth of parks under management that way our cap rate comes way down and we could sell the whole thing first a six cap to private and how do we me and my partners i'm a c gp in this fund so you have two or three three partners do you operate in this or you're just you don't you don't want me operating sean come on what value what would i do i help with marketing and with fundraising an idea guy with a great personality somebody every something everybody wants important that's it's usually my pitch strategy quote strategy okay so rv parts is your best business yeah but i've been doing this for seven seven years so i've been doing it with this company for two but i was doing it with a couple other partners seven years ago did you ever have a job or you're always doing your own thing always doing my own thing which of the eight things has been the biggest financial success for you this will probably end up that when we exit which will probably be within a couple years but i had i've had two different e ecommerce brands that were eight figure businesses one i exited and one i did not which one did you exit it we sold wholesale iphone parts for seven years to iphone repair stores okay and so if you were if i cleaned your slate if i took away all your businesses gave you all your free time back right you know everything you do know today about the world but i give you all your time back what would you go really hard at if you if i was like hey do something like you're gonna go do something now you're just starting for scratch mh one you know everything you need know but you gotta do one thing yeah what where does your brain go not like what would you do like specifically maybe because maybe you don't know that but like what immediately comes to mind when i ask that question i would wanna ride a tidal wave and i would wanna ride what i know and i know small business right medium large know nothing about it i know small business inside it out and so the tidal wave is ai and i would want to implement ai in small businesses for free to get my foot in the door earn their trust show myself as an expert and then start charging and i would just have a simple ai automation slash implementation agency for small to medium sized businesses what do you think is an example like a what would be like a hero example of like small business here's a here's an example of a small business and here's an example of how ai would help that small business like clear no brainer you know like that's the one i would kind of try to rinse a repeat yep the simplest thing is setting up an ai voice answering agent twenty four seven for small business owners that don't pick up the phone after hours because they're with their family right it's just an ai robot and you can plug into other you know software services that already offer this you don't have to have any technical knowledge you charge a flat monthly fee and if there's an emergency then it would patch the call through to the business owner like if it's a plumbing emergency otherwise it would just it's just like a smarter voice mail system i would start there we've had a lot of people say that i've had a couple friends do it i know alex we've been doing it sean i i don't know if do you know grant wilkinson grant one of my good buddies he started this thing i'm looking at the website now so originally this guy he was like hey i wanna work on something do you have any like ideas like i work on and i told him like three things and all three failed miserably and he's he's a he's an engineer and he was like i'm just gonna do this agency thing it's called the rose scale rose dot ai and like he's just doing agency work that automate a variety of tasks using ai and like customers are just begging for him to do shit for him and there's like a dozens and dozens and dozens of these services and i'm seeing this firsthand what's going on with grant's business and people are just begging like i they need it's simple these you think these businesses are doing well set like they're go gang bus like these ai kinda implement mentor for businesses it depends what you define as gang buses but can you make can the owner make seven figures a year one million dollars a year for sure can you get to two to three to four million dollars a year in revenue for sure is it a lot of work yeah it's a service but if you're like your goal is to like make money and work forty hours a week and have a a business yeah i think it's like there's massive demand for it now how does that scale beyond to be as big as you know maybe a hundred two hundred three hundred million dollars a here i'm not sure but like some people will figure out and agencies that is a scale people always say agencies are scalable no that's except scalable you just gonna have to have a thousand employees like it's it'll work it's just gonna be really hard but that's that's not bad at all yeah yeah yeah it's scalable if you like pain yeah it's what is your pain tolerance answers the question not is the scalable but yeah i mean you don't have a bunch of friends that are doing this right now i've met a few people but my my understanding was that like you know for a lot of these businesses they don't really know how ai i can help them so you basically have to kinda go spoke and figure out like oh what's your problem said like how do we use ai to do this it's like the ai part is almost like the easy part and then it's like do you get like the adoption and the buy in and they're like you know all of that stuff and so i think there is like dip definitely desire and demand to like i think i everyone generally feels like oh i should probably be using ai to like do stuff bet but when the business owner themselves is clueless about like where the ai could plug in you need something like what chris is talking about which just is like hey here's the generic problem that i can see from the outside that's that you see as a no brainer for you and if if i could find that match i could do that specific implementation i think beyond that's a little bit harder the more interesting place to me have always been you understand where like ai is changing the game and then you basically go buy a business at a fair price today and then you're like cool my value add is that i'm gonna use ai to like drop ten ten points of margin to the bottom line you know i could take this from a ten percent eb of business to a twenty percent eb business just by doing this right i just been doing this one thing like you like i can get rid of all these people who i have doing stuff because i can automate all of that at a you know higher accuracy higher speed using ai so i think like the play is you go figure out how to how to what's the right type of business for that is a bookkeeping business it something else and you basically go and you say alright i can buy this business for twenty five million dollars is established business with a book of book of clients already and i know that i have this lever of ai that the like fifty five sixty five year old business owner wasn't gonna do and i bought it at a fair price but i can make this thing more valuable and i can capture ten twenty million dollars in two years of work you know without the without the hustle of scaling an agency so i like that play of i like that play that version of this play much better personally do you know anyone that's going after for that now there's a lot of people that i think there's like full funds that like private equity funds that are doing this there were they're like cool we're gonna do private equity but typically the private equity play was like you know maybe we offshore things or maybe we just cut head count or we centralize certain things and now they're like the play is ai we're gonna go in and we're gonna add ai in these three ways you know kind of what chris said like ai on the like sales automations side ai on operations automation and ai to just like you know maybe reduce head count across the board on product or whatever you know maybe it's engineering something like that and so there you know there's a lot of people trying to do that i don't know how well it's going because they're not like you know talking a lot on twitter about like how great it's going you we'll see chris what do you wanna be where do you wanna be in ten years i just wanna keep certain businesses man i just chase product market fit that's what i do but why because i just i'm chasing dopamine and like i wrote dopamine like yeah i just my focus my version of focus is focusing on my superpower not on one business and my superpower is seeing and executing on opportunities really really fast mh well don't you get worn out having to like manage or work with people who run your shit and not as good as you want them to yeah i mean i've had like fifteen different business partners and so nowadays i i'm much more likely to to find a business partner that takes the vast majority of the business so i could have like more slices of small pieces of pie so there's low expectations from me and i just go into a partnership eyes wide open saying hey i'm gonna be super distracted fyi if if you think i'm gonna put in ten hours a week it's probably gonna be two so adjust your expectations and equity accordingly and it took me fifteen years to learn that but that's just how i prefer to do things what do you think ten years from now what's gonna make it a huge win for you it's probably gonna be a a saas business that i launch and promote with my audience with that has a big exit that's where i see this heading what kind of saas well i mean i'm i'm building like a quickbooks competitor right now and i when i say i mean my brother law's who's like a ten developer like an ai enabled quickbooks competitor so maybe that'll be it but maybe that won't even be a thing in six months i don't know yeah that's pretty cool i think and that's good like product product audience fit for you i yeah that's a super competitive space unfortunately middle so that interesting me no i but listen i you know i've got almost four million followers that like me you know and most people hate quickbooks they hate zero and if it's ai enabled and it's cheaper and i use it and i talk about it i'm not trying to beat quickbooks or beat zero i'm just trying to build a cool business that cash flows you know know what you to call it lazy books bookkeeping for people who hate bookkeeping lazy books i like that to start with names you seem like a guy who starts with a name you you get the name early yeah yeah i start with the annoying domain name and the market that makes it real for you it kind of like forces clarity of thought around the the the product like what why do you think that's important it's it's more that i start with a marketing channel right in mind and then i build an idea around that and oftentimes the name and the brand goes hand in hand with the marketing channel right i i don't like building ideas and see if people will want it you know i wanna see if they will want it and then build the idea what was name number two and three there was there was none i mean lazy books i tried thin books i couldn't find that domain lazy books was one where i was actually able to convince the seller to to sell it to me but i i i i was really just thinking of like a slim down quickbooks competitor that had you know the twenty percent of features you only really need that never breaks you know that never disconnects from your bank account that was the thought process there you and der man you're all about the domain names did he guys did you see sean gave the country of anti i think it was did you see what happened no what do you do it was a very small article a tech at tech ranch dot com i saw that it's a da shah founder of hubspot i don't remember exactly but i think it said he gave them ent ti dot ai and paid them eight hundred thousand dollars to make that their official domain name i didn't understand why he paid them to make that it's official their their official domain name but they at dot ai is now the country's official domain name well dot ai is actually it stands for dot anti ti like most of their revenue is coming from yeah all of those registrations yeah and so but i don't know why da bash is just like slowly making making it inroads with a variety of countries starting with domain names and before we do it the next twenty years he's gonna have an army is like isn't it out of this isn't out of the realm if you know da mesh chris hopefully you had a great time if we like to having a you on this is a blessed thanks man for coming man thanks for help an interesting guy with interesting ideas and we appreciate you big time you go ahead promote it a t k o pod dot com it's the k office podcast i didn't wanna talk about it but here i even know i had this on but t k o omaha dot com chris what your shirt what is your shirt say it says look at this freaking thing right here that's that's my line short form videos yeah you're committed to fit and i appreciate that i respect thank you commitment to the bit thank you that's it that's the pod thank you chris i feel like i could rule world i know i could be what i want to from my all in it like a days off on a road less travel never looking back alright let's take a quick break because as you know we are on the hubspot podcast network but we're not the only ones there's other podcast podcasts on this network too and maybe you liked them maybe you should check them out one of them that i wanna draw your attention to is called nudge by phil ag and whether you're a marketer or a salesperson and you're looking for the small changes you could make the new habits you could do the the small decisions you could make that will make a big difference that's what that podcast is all about check it out it's called nudge and you can get it wherever you get your

Episode Notes

Want 200 Business Ideas to launch your next side hustle? get it here: https://clickhubspot.com/egk


Episode 748: Sam Parr ( https://x.com/theSamParr ) and Shaan Puri ( https://x.com/ShaanVP ) talk to Chris Koerner ( https://x.com/mhp_guy ) about side hustles you can start in your backyard.

—

Show Notes:

(0:00) Porch pumpkins

(12:50) Sport court installation

(19:17) In-ground trampoline installation

(23:08) Robot Manicure Machine

(28:49) Dollhouses for men

(34:21) Govdeals.com

(39:57) Mobile Fuel Delivery

(41:16) Novelty Ice Cream

(48:01) Secret pickleball court

(49:13) Kids gym equipment

(54:41) RV Parks

(1:00:33) If I was starting from scatch


—

Links:

• The Koerner Office - https://www.thekoerneroffice.com/

• Porch Pumpkins - https://porchpumpkins.com/

• Trampolines.com - Trampolines.com

• GovDeals.com - GovDeals.com

• BStock.com - BStock.com

• 260SampleSale - https://260samplesale.com/



—

Check Out Shaan's Stuff:

• Shaan's weekly email - https://www.shaanpuri.com

• Visit https://www.somewhere.com/mfm to hire worldwide talent like Shaan and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than US equivalents.

• Mercury - Need a bank for your company? Go check out Mercury (mercury.com). Shaan uses it for all of his companies!

Mercury is a financial technology company, not an FDIC-insured bank. Banking services provided by Choice Financial Group, Column, N.A., and Evolve Bank & Trust, Members FDIC


—

Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/


My First Million is a HubSpot Original Podcast // Brought to you by HubSpot Media // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano


Podcast Hosts

  • Sam Parr

    Sam Parr

    Hampton (joinhampton.com):
    My community for founders.
  • Shaan Puri

    Shaan Puri

    Want more insights like MFM?
    Check out Shaan's newsletter.

The best ideas from 800+ episodes

In your inbox every week. Subscribe now.

Must enter a valid email