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”. With over 1 million followers, he now teaches people how to build and scale a business and he is host of the ‘The Koerner Office Podcast’.
He explains:
◼️The brutal truth about passive income (and what to build instead)
◼️How to turn $1,000 into $10,000 fast, with a step-by-step formula
◼️The #1 habit silently keeping you poor without you realising it
◼️How to use AI tools to launch and scale instantly
◼️The simple framework for testing any business idea with $0
00:00 Who Are You and What Do You Do?
02:36 What Businesses Have You Started?
05:33 Is This the Best Time to Start a Business?
08:52 Copying Businesses
12:53 Experimentation and Testing
20:11 Your Experience With Buc-ee's
23:00 Is Entrepreneurship for Everyone?
30:24 Should We Have Plan Bs?
36:14 Passive Income
39:10 How Important Is Passion?
41:55 How to Know If You Should Pursue an Idea
47:10 How to Validate Your Ideas
48:49 How to Test a Product
52:02 How Important Is It to Learn Facebook Ads?
57:11 Ads
58:51 The Different Types of Entrepreneurs
59:54 How Important Is Focus?
01:02:04 Did You Feel Guilty for Trying to Build Businesses?
01:07:04 Rejection and Failure
01:09:59 Team Building and Business Partners
01:12:30 Equity Split in a Business
01:15:13 What Would You Do With $500 for a Business?
01:20:57 Drop Servicing
01:27:53 Making Money From Vending Machines
01:36:16 Ads
01:38:19 What Business Would You Do With $1,000?
01:41:09 Online Business With $1,000
01:43:38 What Would You Do With $5,000?
01:49:11 Don’t Ignore This When Starting A Business
01:50:09 Which Has Been Your Most Profitable Business?
01:52:13 Keep Trying and Experimenting
01:55:36 Any New Business Ideas You’re Trying?
01:56:34 Business That You Should Stay Away From
02:00:33 Should You Really Become an Entrepreneur?
02:03:43 What’s One Thing Steven Did That You Appreciated?
02:08:17 What’s the Most Popular Question You Get?
Follow Chris:
Instagram - https://bit.ly/4oFom0i
YouTube - https://bit.ly/3XBUI16
X - https://bit.ly/3Mc0UdJ
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Sponsors:
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LinkedIn: https://www.linkedin.com/DIARY
Adobe: https://Adobe.Ly/OneBetter
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📝 Transcript
Transcribing... This may take a few minutes.
Top Comments
@mrwidestrides4802
II’m disabled and house bound…just started my first business inspired by Steven & guests. Just myself doing everything with AI and something I’ve always wanted to do.
1662 likes
@thekoerneroffice
Thank you so much for having me Steven! I want everyone watching this to take away this 1 thing: If you’re curious about starting a business or a side hustle, answer that question for yourself. Please find out if it’s for you or not! The pain of regret is much stronger than the pain of failure! You can do it!
2986 likes
@AlexanderSpencerCPA
His emphasis on experimentation, testing ideas cheaply, and focusing on actionable steps over “passive income fantasies” is such a refreshing take. A great reminder that entrepreneurship is less about big budgets and more about curiosity, discipline, and rapid learning.
574 likes
@whisperswoodASMR
What I like about Chris is that he is making business ideas accessabke to everyone- you dint need a degree in business to start a business. Bring Chris back on here again please.
370 likes
@EMeadow
High prices... high mortgage rates ... high inflation... High property-taxes... High property insurance... Shocking!
2258 likes
@waunersmith
"Turns out the guy that's been doing this for 15 years verses 15 days, knows a lot more about the industry than me.." (Just copy their entire model first & modify if needed over time). Gold.
137 likes
@rhymontic
I’m a bit confused why this is called ‘passive’ income if the answer is just starting a side hustle. To me, passive income is my money working for me...not me adding another job or comitment with my time.
1123 likes
@CasperBerthelsen
NO! It’s not that people don’t know how to make an online business. It’s easier than ever. It’s about moral and authenticity. The world doesn’t need more side hustles, which the business owners don’t care about. We need quality not quantity. We need business, where the owners care about the product and the customers, that is what gives value to the world ❤
4429 likes
@KERTER21
Can you imagine changing your grandmother $80 for a $40 oil change. Horrible
@wizdqvm3z
A side hustle is not passive income, it’s more work.
92 likes
@49CCHRIS
I started a business from nothing, no money! Collecting scrap metal building up & offering free metal collection services.... Now rent a unit, and I've started building an app for bigger companies to buy their metals from... I started off on a pushbike with a homemade trailer I built from scrap metal.... now have two big vehicle trailers. Collecting tons of steel at times!
72 likes
@MichaelDailey-g8p
If You’re Just Getting Started and Feeling Confused, This Video Is for You
271 likes
@GrowWiseHQ
People look towards passive income before they even have a stable primary income. First you need to look for stability, then you expand to passive income. Whether this be dividends, real estate, airbnb etc. You need stability before you can progress. Great podcast
264 likes
@julianoalfredo8706
27:06 if lie was a face 😂😂😂😂😂
16 likes
@terryannrobe4147
As a single mother of 2. I quit my job last month and decided to start my own business. I have been taking the last 2 weeks to brush up on skills and get things in place. If I continue to work for people on this beautiful island of Jamaica, I am going to pull all my hair out.
This video has given me an extra kick. Thanks Steven and Chris. Blessings