scripod.com
Passive Income Expert: How To Make 10k Per Month In 90 Days!

Overview

Shownote

Highlights

Transcript

Chapters

Pins

Passive Income Expert: How To Make 10k Per Month In 90 Days!

The Diary Of A CEO with Steven Bartlett

2025/12/08
The Diary Of A CEO with Steven Bartlett

The Diary Of A CEO with Steven Bartlett

2025/12/08
OverviewShownoteHighlightsTranscriptChaptersPins

Shownote

Serial entrepreneur CHRIS KOERNER reveals how he built 80+ businesses from scratch, turned side hustles into millions, and why ONLY $500 is all you need.  Chris Koerner is a self-made entrepreneur and content creator, known as the “King Of Side Hustles”...

Highlights

In this insightful conversation, serial entrepreneur Chris Koerner shares the realities of building over 80 businesses, revealing how minimal capital and maximum execution can lead to significant success. He challenges common myths around passion, passive income, and uniqueness, offering a pragmatic roadmap for aspiring founders who want to turn ideas into income without waiting for perfect conditions.
08:19
The pain of your problem must be greater than your concern for others' opinions.
11:38
Copying a working business model is a valid strategy as long as intellectual property is respected.
13:12
Great entrepreneurs don't invent from scratch—they copy existing blueprints and improve them.
20:24
For old business problems, look for solutions from the last 10 years and copy them.
25:29
The website made hundreds of thousands in sales in the first 30 days.
36:01
The perfect time to 'burn the boats' is when there are safety nets, not when an idea is just slightly tested.
36:27
Losing plan B created toxic motivation that drove success in plan A
39:23
The concierge car business was non-scalable and 'ugly' work, but served as a pivot point with a plan B
44:58
Distractions can signal better opportunities; pay attention to them.
47:32
If an idea still lingers in your mind after two weeks, it might be worth pursuing.
51:38
Successful validation feels like a boulder of customer demand chasing you down a hill
52:14
Create AI-generated product images and list on Facebook Marketplace to validate demand with real user engagement.
1:00:09
Some entrepreneurs can be starters, maintainers, and finishers, like Elon Musk and Jensen Huang
1:02:17
I have no desire to be a billionaire or leave large sums to my kids.
1:07:17
Having an outlet like a understanding friend is important for dealing with work stress.
1:10:12
Each 'no' brings you closer to a 'yes'
1:12:43
Most people don't need a business partner as co-founded companies have higher failure rates.
1:15:25
A 50-50 equity split requires both partners to contribute equally in all aspects and grow at the same rate indefinitely.
1:21:11
77% of small business owners believe AI will transform their operations, yet only 5% use it meaningfully.
1:35:27
A friend in San Diego makes seven-figure income from vending machines.
1:36:29
Ketone-IQ is a game-changer for focus and energy, now available at Target stores in the US with a free first shot.
1:41:22
The initial investment can be recouped in two months by selling ads to local sponsors.
1:43:56
Small RV parks can yield higher profits than rentals.
1:50:28
Profit-sharing is more effective than equity for incentivizing operators because equity often goes to zero.
1:52:26
Trying many side hustles prevents regret and reveals hidden opportunities
1:55:50
Only start businesses where you have an unfair advantage
1:57:00
If an idea has been tried many times and never worked, it's likely fundamentally flawed.
2:03:03
Entrepreneurship isn't about independence—it's a trade-off involving loss of stability and predictable income.
2:06:48
Delusions of grandeur were used as motivation after a psychiatrist's critique.

Chapters

Who Are You and What Do You Do?
00:00
What Businesses Have You Started?
02:36
Is This the Best Time to Start a Business?
05:46
Copying Businesses
08:52
Experimentation and Testing
13:06
Your Experience With Buc-ee's
20:24
Is Entrepreneurship for Everyone?
23:13
Should We Have Plan Bs?
30:36
Passive Income
36:27
How Important Is Passion?
39:23
How to Know If You Should Pursue an Idea
42:08
How to Validate Your Ideas
47:23
How to Test a Product
49:02
How Important Is It to Learn Facebook Ads?
52:14
Ads
57:24
The Different Types of Entrepreneurs
59:04
How Important Is Focus?
1:00:07
Did You Feel Guilty for Trying to Build Businesses?
1:02:17
Rejection and Failure
1:07:17
Team Building and Business Partners
1:10:12
Equity Split in a Business
1:12:43
What Would You Do With $500 for a Business?
1:15:25
Drop Servicing
1:21:10
Making Money From Vending Machines
1:28:06
Ads
1:36:29
What Business Would You Do With $1,000?
1:38:32
Online Business With $1,000
1:41:22
What Would You Do With $5,000?
1:43:51
Don’t Ignore This When Starting A Business
1:49:24
Which Has Been Your Most Profitable Business?
1:50:22
Keep Trying and Experimenting
1:52:26
Any New Business Ideas You’re Trying?
1:55:49
Business That You Should Stay Away From
1:56:47
Should You Really Become an Entrepreneur?
2:00:46
What’s One Thing Steven Did That You Appreciated?
2:03:55
What’s the Most Popular Question You Get?
2:08:30

Transcript

Steven Bartlett: A lot of people are looking for passive income from side hustles. Chris Koerner: Yeah, it's the financial Ozempic, and it's more accessible than ever. Like, 90% of the ideas I talk about can be launched with $500 or less, and there's enou...