August 8, 2025 • 29 mins
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HoldCo Bros are back with part two of our million dollar in six months challenge. If you missed part one, go check it out here: [ https://spotifycreators-web.app.link/e/5y6hOtgrtVb ]. In this episode, Nik and I keep stacking high return business ideas you could actually start today. We dig into liquidation flipping for fast cash, breaking down how to buy inventory for pennies on the dollar and move it for solid margins. We explore the strategy of buying a business and adding instant value through AI automation to unlock massive equity gains from day one. I share my glamping site idea for under served markets, plus a unique equity for value add deal inspired by our friend Hector. We also kick around niche service plays like coil cleaning for grocery stores and even unconventional experiences like a “fantasy camp” for mowing enthusiasts. This one is packed with creative ways to hit big revenue fast and some might surprise you.
Learn more about Nik here: http://linktr.ee/cofoundersnik
Share your ideas with us:
- Nik@cofounders.com
- Chris@cofounders.com
Enjoy!
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00:00 Starting Small: The Power of Flipping Equipment
02:56 Leveraging AI for Business Growth
05:50 Innovative Business Models: Equity Without Purchase
08:59 Exploring Glamping: A Unique Investment Opportunity
11:59 Niche Markets: Finding Pain Points to Profit
14:54 Creative Business Ideas: Bingo and Beyond
17:47 The Future of AI in Small Business
20:38 Building a Business: The Importance of Experience
23:34 Final Thoughts: Choosing the Right Business Model
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
(00:00):
Start with something cheap. You can buy a pallet of exercise
equipment for 500 bucks, 10 treadmills for 500 bucks.
I know a guy named Dylan in Logan, UT.
It was his first flip ever. He filled his garage with
freaking treadmills and then twoweeks later he's like they're
gone. What are we talking about dude?
You buy for $0.05 on the dollar,you sell for 30 to $0.40 on the
dollar. You could put the stuff on a
credit card. It's like free money.
One man operator, he has no website, he has no systems.
(00:22):
He's like 65 years old. He makes $350,000 a year of net
profit and he's crushing. It I don't have to go and close
50 people at $50,000 a month, I just got to close one person and
boom, I've made $1,000,000 in six months.
Dude, what are we talking about?We're going to go the Shannon
Jean method and we're going to start just liquidating some crap
(00:44):
from Gov deals and bstock.com/costco.
We're going to. That's a really good idea.
That's a really good idea. Like what?
Are we talking about dude, you buy for $0.05 on the dollar, you
sell for 30 to $0.40 on the dollar?
I think it's a really good idea for people who have experience
doing it. How do you get experience by
doing it? I know I yes I agree.
(01:04):
I'm just saying if it was like asix month window, do you think
you could get enough experience to make $1,000,000 a months?
Really. I do.
I mean I've had them on my podcast 8 times, right?
So I would watch all eight of those episodes and then start
with something cheap, like you can buy a pallet of like
exercise equipment for 500 bucks, right, of like 6
treadmills for 500 bucks. Or it'd actually be cheaper than
(01:25):
that, like 10 treadmills for 500bucks, sell them for 200 bucks.
I know a guy named Dylan in Logan, UT.
He just did that. He filled his garage.
It was his first flip ever. He filled his garage with
freaking treadmills. And a week into it, he's like, I
don't know, Chris, I don't know how I'm going to move these.
And then two weeks later he's like, they're gone.
Sold them all. Like I'm not saying it works for
(01:46):
everyone, it works all the time,but Shannon talks in detail
about like, avoid this, avoid that, go here, start here.
I think it's totally doable and you could put the stuff on a
credit card. Not that I advise that, but some
people might want to you. Can get points for it, you can
get points for it, and someday you pay it off.
The thing is about credit cards,you don't even need to pay it
off. It's like free money.
That's actually a really good point.
(02:06):
I hadn't thought of that actually.
So. Anyway, so that's the short one.
Like that's, that's just the whole thing.
Listen to the episodes with Shannon and start flipping stuff
or if you don't want to just flyblind and like buy stuff off
govdeals.com. If you go to Facebook
Marketplace, once again, I'm talking about Facebook
Marketplace, type in the word business.
You will see a ton of businessesthat are either for sale or
(02:28):
closing that like going out of business that are not listed
anywhere else. I think you could also make
$1,000,000 in six months by justfocusing on restaurants that are
going out of business and liquidating their equipment,
just playing middle man because it's high ticket.
These are 10s of thousands of dollars.
And just saying, all right, I'lltake all these fryers, all this
equipment and I'm going to placeit.
(02:48):
And then you can list this equipment on other marketplaces
like eBay or restaurant equipment sites and sell it
before you ever even buy it. Yeah.
What do you think? So.
I think that's great. Then you have to hold any
inventory. Like you're literally just kind
of creating a marketplace. That's a genius.
Yeah. Yeah.
All right. All right, here is my #1 gun to
my head. I have to earn $1,000,000 in six
(03:09):
months. I'm going to go off of, I just
talked about hero AI. Find one or two work flows that
you know, work and add value. I'm going to build off of that.
This is like going to college after you've gone to high
school, getting your PhD after you got that four year degree.
And what I would do is I would buy a business.
(03:31):
But hear me out, I'm going to goahead and focus and find one
specific thing that I know for afact is going to unlock value in
a business. It's not going to be the after
hours calls that's not big enough.
It's probably going to have to be automating something in the
sales process or something in the receivables process or
something in the fulfillment of your product process.
(03:52):
Here's an example in the medicalspace billing, you need to
understand all the billing codes.
You need to understand diagnosis, etcetera.
Maybe there's something I can build there with AI that can
help supplement in a healthcare business, in a home services
business. Maybe it's staffing.
Maybe, maybe there's something that I can build in a workflow
that automates staffing. But I'm not going to get to the
(04:13):
$1,000,000 just by selling that as a service.
I'd have to get a ton of different customers.
I am going to get to the $1,000,000 if I buy something
that is at scale that I can leverage.
If there's a company that's spending $1,000,000 a month on
labor and I'm able to reduce their labor by 20%, I just made
$200,000 with that one. 10X thatyou made 2 million.
(04:35):
Think about it. Well, and here's the thing, you
stacked that up over a week. I'm way ahead.
You stacked that up over a month.
I'm going to kick your butt. You stacked that up over seven
years. I'm a living in a cave and
you're the guy who's living in the Jetsons future anyways.
So I had to. What I would do is I would nail
down a process. Again, it has to be high
leverage, either something that increases revenue by a lot or
(04:57):
reduces your costs, mainly laborby a ton.
And then I would go and find a company.
So an example of this would be, I know home health and Hospice
really well. Hospice, let's say that I've got
something that makes my employees 20% more productive.
They're no longer charting in their documentation, they're
dictating to AI and AI is doing it.
So now instead of just being able to do 5 visits a day, they
(05:19):
can do 7 visits a day. And because now they're doing 7
visits a day, I can do the same.I can have the same staff and
grow my revenue on the top side from 5 million to $7,000,000.
And I don't add one piece of staffing.
And so I've just increased my bottom line by $1,000,000 a
year. Now the risk of that is I have
to go bigger, right? This isn't just like start an
(05:40):
agency and you're going to find some customers, like I have to
go buy a business. But if you actually have a skill
set, you know, an industry and you can identify a workflow and
then go buy a business day one, you're going to walk into equity
value. And that's what I would do to
make $1,000,000 in six months. And I honestly, I think I could
do it. It's asymmetric information that
you have, yeah. And you're just implementing
(06:00):
that post purchase A. 100%. Can I add on to that are?
You going to up level this? I don't know.
We'll let the audience decide. Could you?
Are you going to steal them at it?
I hate that phrase. So our friend Hector.
Our friend Hector, he is talkingabout buying a heavy equipment
repair company in Houston, TX. It's a one man operator.
(06:25):
He just drives a van. He has no website, he has no
CRM, he has no systems. He doesn't take calls that are
over 1/2 hour away. He's like 65 years old.
He makes $350,000 a year of net profit and he's crushing it.
Hector met him through a church friend and he is going to own a
chunk of this business just to value add it, just to add more
(06:47):
trucks, to add a website to systemize it to.
Oh, by the way, he charges 125 an hour market rate in Houston
for the same thing is $300.00 anhour and everyone's booked out
and he's just like, I don't wantto raise my prices.
I'm doing fine. So Hector doesn't even need to
buy this business. He's basically signing a
contract that grants him conditional equity if I do XY
(07:08):
and Z, quite simple things to your business and he'll have the
control to do this. I know.
Where you're going? Then I get.
Y percent of this business without having to buy it.
Oh my. Gosh, it's effectively the same
thing. But not needing to buy the
business, the owner stays on. They have a good relationship,
He's going to train everyone, he's going to help him hire.
He just doesn't want to do it. That is freaking money.
(07:30):
It's merging the agency with buying a business.
But effectively instead of charging that company, you're,
you're saying I want equity. Yeah.
It might be a longer sales cycle, right?
Because it's like you got to convince somebody to give you
equity in their business. This is the Bro Mosey playbook.
That's how Alex Harmozy does it,right?
Explain. That's that was his model at one
point was he would take large chunks, sometimes 30%, sometimes
(07:53):
controlling interest to add value at companies and he
wouldn't even invest money like he he wouldn't buy equity.
He would invest money like aftergetting his equity to grow the
business and paid ads or whatever, but it was a business
expense. That's how he built much of his
wealth isn't doing that. I wasn't saying that in that
(08:13):
sense it's a bro Mosey move. I, I think it's, it's high risk,
high reward. Like you could spend four or
five months just looking, but you just got to close one
person. I don't have to go and close 50
people at $50,000 a month or whatever the number is, right?
Like I just got to close one person who's willing to partner
with me and boom, I've made $1,000,000 in six months.
I really like that idea. It's usually going to be like a
(08:37):
friend or a family or a friend of a friend of a family member,
right? That's where the trust can come
from. It's kind of hard just starting
cold, you know? Yeah, it has to be.
You have to like, that's why it's a, it's like the highest
risk, but I also think it's the highest reward because you're,
you're not only going and betting everything into equity
(08:57):
on your performance, but you're also like risking reputation,
the people that you know, trust and like, yeah.
All right, so over the summer wewent to Island Park.
We had an episode while I was inIsland Park ID and guess what
Island Park has on the north side of town?
It's a very narrow strip of land, if you will, north to
South. On the north side of town, you
(09:18):
got a few acres. They got really nice glamping
sites, 2 to $300 a night to stayin a glamping tent.
There's a bunch of them on the same property and they stay
pretty much booked. On the South side of town.
You got nothing. You got no glamping.
OK, so the universe threw me a bone.
And around the same time I'm noticing this, our boy Shannon
(09:38):
texts me and he's like, hey, I got a deal on some glamping
sites that are like 90% off. These are like $15,000 glamping
sites. They're like 1500 bucks.
He's like, are you interested? Any other point in my life?
I'm not interested. I love how Shannon's like the
shady guy in New York City who just walks around like, hey, he
(10:00):
watches, watches fake IDs, fake IDs and he's like opens his
trench coat up selling stuff up the.
Street. So he's like, hey, do you want
to buy some glamping tents? And it's like any other time
it's like, no, but it's like maybe so I start looking at land
start looking at land. You can buy land beautiful
scenic land in Island Park for call it 100 and 5200 and acre
(10:22):
right or like 5 acres for 500 grand.
OK, you're. Going full you can.
Also you can stop. Don't ever say that again.
You could also buy like bath because the only real roadblock
to this is a bathroom. You need a bathroom.
You can buy like bathrooms on a trailer or like bathrooms that
are delivered on a trailer that you put down on the ground on a
(10:44):
slab, a cement slab, which you're going to pay about $6 a
foot for. And then you put in some septic
for about 20 grand, lay the septic, put in the bathroom, Buy
glamping tents, list them on on Airbnb one at a time.
You buy one tent, get it fully occupied by another one, get it
fully occupied on and on and so forth.
And it's kind of like the RV rental model, except with
(11:05):
glamping sites in markets that don't have enough glamping
sites. Well, how do I test?
Well, you just, you do exactly what I did for RV's.
You go search for glamping on Airbnb.
You look for this weekend, you look for a year out, you see
which markets have more demand than supply and that's where you
buy in. How do I afford all this land?
500 grams, a lot of money you sell or finance or you do a
lease purchase on raw land, which you can do.
(11:26):
My friend in Canada did it with portable storage.
He went and said I'll pay you $3000 a month for this acreage
in a year. I want the option to buy it.
Sure sounds sounds good. So then he spent the next year
putting portable self storage onthe property.
It crushed. He got fully occupied.
Now that property is worth a lotof money because he he put a
business on it. Then he executed his option to
(11:46):
buy it only after he had validated the business.
Do the same thing with glamping.Go.
Did you take a breath? No.
Was there a? Breath taken in the last four
minutes. Holy crap I can't.
It was amazing. I can't breathe and grind at the
same time. Nick got to make a choice.
Is there a way to find out whether or not a property has
septic on it? Like without going there.
There could be like a database or something, but nothing.
(12:08):
No, it's hard, I. Love the idea of dude, we know
this, which we looked at it whenwe tried to get something on our
RV park. I think that would take
potentially 6 months just to getup and running right?
Like to get the, the foundation poured the septic in and then
you get the, the glamping stuff deliver.
Like that would just take a longtime.
If you could identify somebody who has land and has all that
(12:28):
stuff set up, then then you could just kind of be a broker
be like, hey, are you using yourland?
Can I it the almost the same exact model that you just said,
like rent to own model? Can I use your land?
This is my business plan. And then boom, you're ready to
go. Then you wouldn't need to
necessarily buy the land, you could just lease it from
somebody. That's what I think.
I think you find land that you can lease, purchase, lease with
(12:49):
an option to purchase and you say, listen, I am going to put
here's the permanent things I'm going to do to your land.
I'm going to put a pad on the land and I'm going to put
septic. The pad I just put a pad in my
backyard is going to be $7.00 a foot.
So let's say it's 500 square foot, that's $3500 and then the
septic's going to be $20,000. If in a year I don't want to
renew my lease or I don't want to buy it, you are going to have
(13:12):
free septic and a pad on your property.
FYI, that is a term and condition of this deal.
Are you cool with that? If yes, cool.
So like you could find that property and sign that lease in
a week and then during that timeyou could be doing your research
on is there demand in this area,enough demand for glamping and
what you could even do, you could take it a step further.
A lot of glamping sites, if not most of them, don't have the
(13:34):
bathroom. It's just glamping.
You got to figure out your own bathroom so you don't have to
have a pad or a septic. You could start there, show your
demand, and then you realize from the comments, I'm losing
all these bookings because I don't have a bathroom.
But now I know there's a lot of demand for a bathroom.
Then you could put it in at thatpoint.
Yeah, I love that. I I've always loved the glamping
idea. We looked at it many times.
(13:55):
So did you buy? Like, did you, did you do it?
No, but I would like to. It's on my list.
Are you seriously considering doing it?
I should say. No, just because I have so many
other things that I would love to do, but it's on my list.
I might do it one day. If somebody was listening right
now and they lived in eastern Idaho and they're like, oh, I
know that area. I have land.
(14:16):
I have a septic tank. Chris, will you partner with me
to like figure out how I would be?
Very interested. You'd be very interested, OK.
Yeah, because I genuine like I'll put my money where in my
mouth because I think this is a great idea.
Of course it's an amazing idea. To do a little bonus segment.
Little bonus segment I'm in, dude.
OK, I will strive to portray thevalue of this idea in no more
(14:38):
than two sentences. How about that Done.
I'm going to give you just the idea, and I'm going to try to
tell you in only two sentences enough information to get you
agree to agree that it's a good idea, right?
I had a guy on my podcast that does coil cleaning on HVAC units
at grocery stores. The churn is almost zero.
(14:59):
It's very high ticket. He competes with no one on it.
That's the two sentences. And it's just coils.
Like he pressure washes the outside of HVAC units to keep
them running efficiently. Yeah.
Dude I saw this tweet the other day as somebody who commented
that was like people don't understand that if it that if
they just pressure wash their HVAC unit like their home HVAC
(15:19):
unit it'd be 20% more efficient.Yeah.
It seems fake. We're right back to to, I mean,
that 20% sounds a lot like if your coils don't look dirty,
they're probably not dirty, right?
But this goes back to our B to Bstump grinding business.
Like stump grinding is a pain point for tree trimming
businesses, which is why that isan industry now.
(15:40):
Thanks to you and I, this is thesame thing.
Coil cleaning is a pain point for HVAC companies because they
sell these recurring maintenancecontracts, but it's a pain to do
the coil cleaning because they got to go pull out the pressure
washer, which they don't use foranything else.
It's the same thing, Nick. So if you specialize in only
pressure washing, coil cleaning,and he said he does gas stations
(16:00):
at it, he says, but grocery stores are his best and biggest
customers and they never leave. He never turned.
He said he's literally never lost a grocery store customer.
So if you were to only do that and specialize in that, I think
pretty quickly you could build up a good book of recurring
revenue. Why?
Would the grocery store cancel? Like at that point it's like
what are they paying him? What do they pay him?
(16:21):
I. Don't remember.
OK, let's say 5. Hundred a month per quarter.
It's it's a month. Yeah, yeah, dude, it's like like
that. It's a, it's a rounding error.
I don't even look at that number.
I mean, that's the same type of idea as the AI stuff that I
brought up, right? It's like find one niche
workflow and you can implement it.
(16:42):
That's just like, find one nichecleaning thing or like 1 niche
maintenance thing at a big grocery store or factory or
whatever and you could probably build a recurring business
around that. Yeah, find the pain point that
nobody really wants to do but they have to do and unbundle it.
Do you remember when we talked about Bingo Loco So you?
Say you are. So my wife went to it and we're
(17:04):
going to it again in Dallas and they make like 20 to $30,000 a
night and they can travel aroundthe country.
All they do is Instagram ads andthey just do bingo in the
cramped hall. And then they sell food and
alcohol and they sell bingo cards and people have a blast
and they all post about it and it's just a beautiful business.
I think someone needs to validate that concept with
(17:26):
portable pickleball chords whereyou just run Facebook ads to
start before spending a a dollar.
You run targeted Facebook ads to35 to 50 year olds that enjoy
pickleball in a geographical area and you say we're having a
pickleball party in the Walmart parking lot or whatever and you
see if you can sell enough tickets to it.
If so, if you do, then you can buy or rent these portable
(17:48):
pickleball courts and you can have a big pickleball party.
How's that for alliteration? If you don't sell enough tickets
then you just refund people and you move on with your life.
Dude basically it's bingo loco for pickleball or bingo loco for
anything like funky millennial fun stuff.
Add music, add whatever. Charge way too much money for
it. Apply to any other industry.
(18:09):
Maybe it's pickleball, maybe it's something else.
Where did you go? Like when when you guys went to
Bingo Loco, where was it? It's like some random like hall,
like a just an event. It could be in like a Holiday
Inn Conference Center. When you did Bingo Loco, are
there like specific games or like obviously you're playing
bingo, but is there anything in particular that they're doing on
top of the? Bingo.
Yeah. Like there's someone, there's
(18:30):
like a DJ on stage, they're playing music.
There's like neon light. You win rewards, you could win a
trip. You could win like a life-size
cardboard cut out of Ryan Gosling.
Bro it's it's liquid death for bingo.
Yes, all they're. Doing is marketing it
differently. Yeah, we're talking like 1000
people that pay 40 bucks each just to get in the door and that
that's 40 grand, in case you're not counting.
(18:51):
Then they sell alcohol, they sell food, and they give away
like $1000 in prizes. Like they don't give away that
many prizes. Dude, it's literally Liquid
Death except in bingo form. And you could, you could apply
that same thing. It's just packaging to anything.
It could be pickleball, or it could be.
Or just do it for bingo in othermarkets.
(19:12):
Like just call it bingo crazy and just go attend a bingo loco,
take notes and then go back to Des Moines IA where bingo loco
will never go to and do it therethe exact same thing.
That's a really good idea. Those are the like famous last
words of any entrepreneur. How?
Hard could it be? I know.
Then they fly. Then they fly.
(19:33):
I love that man. All right, what do we got?
OK, this is very different. This is very off the wall, but I
thought of you. What are the large mower
companies do you know? Toro John Deere Like we're
talking about lawn mowers. Yeah, I just talked to a guy who
worked for a mower company called Walker Walker Mowers.
(19:53):
Apparently they're the best mower.
According to the guy who works there well.
He doesn't work there anymore, but he's like, we had the best
mowers. They were way better than John
Deere. The problem is we had sales
reps. It was super interesting.
Apparently there's the manufacturer, but then they had
distributors and then they had dealers.
(20:15):
So there's like 2 layers into selling.
Same as to the John Deere. Is it so the manufacturer
doesn't actually sell to end users, but they do have to do
the marketing and branding awareness for the it's It's
weird. Anyways, so he's like, by the
time he gets to the dealer, which is one step removed or two
steps removed from them, their sales reps didn't really know
the product. So they're out there trying to
(20:35):
sell Walker versus John Deere. But if they don't understand the
product, it's a commodity at that point so that anybody's
just going to make a choice on price.
So he's like, I had the idea. This guy had the idea.
He's like, I, I convinced Walkerto build something and I was
like, what? He's like, I convinced them to
build an amusement park. I was like, what, wait, what are
you talking about? He's like, well, it's not really
(20:56):
an amusement park, but at their headquarters, I'm sharing my
screen right now. They built 3 acres and you can't
really see it with these three acres, but this 3 acres had like
a has 120 different features on it that showcase their mowers.
So this right here, they call this Mount Walker.
He's like in each side of this has a different incline so you
(21:19):
can show how well, yeah, so you can show how well the mower
does. So they brought all the sales
reps and they, they bring them just in like cohorts and they
come and they mow and they actually see like, hey, we,
we've got a John Deere mower. We've got a Walker mower.
Let's show you how well it does.And they'll that's just what
they do like all day. And so these sales reps, they
go. Only for the sales reps This
park, it's only. It's only for the sales reps, my
(21:42):
boy. Why do you think I'm bringing
this up? So only the sailors up come.
And he was like, that changed the game for us.
Because once the sales reps actually went and saw and fell
and knew what the difference was, then they could speak to
these guys who own landscaping companies and say like, look,
man, the turning radius or you know, whatever was like
specific, I know this is much better.
And and so they, they saw way better outcomes.
(22:03):
I asked them like, so do they open this to the public?
He's like, no, they don't. And I'm like, are you freaking
kidding me? Because I had.
I would buy a ticket right now, Nick.
I'm the biggest mowing enthusiast you've ever met.
Bro, that's what I'm saying. I I was just going through my
credit card transactions. I spent $1000 on Home Depot this
last week and I don't even have like a big.
(22:24):
Project going on. That's a, that's a great week
for me. That'd be a great week for me,
Nick. Dude, I've already been thinking
I'm like, Home Depot is like theLego store for adults.
You just you just like go walk around.
You're like, I think I might need this.
You just like pick something up and all of a sudden you're a
couple $100 in this would like, I guarantee you this would get
people coming and saying, yeah, I'll volunteer to go mow some
(22:45):
freaking grass. So I, I don't know if it's
reaching out to Walker and getting them to open this up to
the public or if it's opening upyour own sort of fantasy camp
for people to come and mow, but how cool of a business would
that be? You got just a couple acres.
You're bringing people in and not, you could I guess, teach
them how to mow. But more than that, they're just
(23:06):
freaking riding around having a good time.
Dude, of course, of course that's a good idea.
What else do you want me to say?Do you want me to say isn't that
a good idea? And lie through my teeth, I saw
I saw a viral Instagram video with 20 million views about this
family. They have a family reunion every
summer. And they set up this obstacle
course with the the riding mowerand everyone like races around
(23:28):
the obstacle course to like see how fast they can do it.
And then there's like this hokeyprize, like you could monetize
that. Easily it's.
Principles Men love to ride riding mowers.
We love to cut grass. We love to see our progress
behind us. All right, so I was thinking,
you know, our friend bro Mosey is always like, you just need to
(23:48):
lock yourself in a room for 18 hours, turn off the lights,
ignore your friends and family and build a business.
And he gets a lot of crap for that, right?
But there's something to be saidfor it.
So in our church, Nick, the Church of Jesus Christ of Latter
Day Saints, the president of ourchurch, Russell M Nelson was a
world renowned heart surgeon. Did you know it took him 12 1/2
years post college post doctorate degree before he
(24:12):
really started earning a real salary as a heart surgeon?
No. 12 1/2 years, that's a fact.Is that normal?
Like is that still? Happen.
Well, he wanted to like get all these other certifications.
Like he really went the extra mile, which is one reason why he
became such a renowned heart surgeon.
He didn't just do the bare minimum.
He did PhD equivalent research in heart surgery.
(24:33):
He got advanced surgical training at the Mayo Clinic.
He had an internship, residency,multiple fellowships abroad.
He did all these other things. Yeah, I mean, he was fairly well
known in the medical community. I think he was one of the first
people to perform open heart surgery and and the what was the
machine? Oh, a heart and lung machine,
right. Because, like, Oh yeah, you need
to have that if you're going to do open heart surgeries.
I think he was either the first or one of the first open heart
(24:54):
surgeons. Yeah, but 12 years, that's a
long time. It's a long time so I I say that
because like you and I are family men.
We each have 4 kids. We want to optimize our lives to
hang out with our family. But but I think there's
something to be said for saying,listen, I'm going to I'm going
to do my time. I'm going to pay my dues here.
I'm going to go away for a few months and really build
(25:16):
something incredible. I'm going to work 18 hour days
non-stop and like this is an investment in our family's
future. Yeah, like honey, I'm going to
be gone for like 2 months. I'm in a hotel, I'm going to
Florida. Chris and I are going to hang
out. What?
We are building a business. You know what I mean?
Like we just leave our wives, they handle the house.
And of course we have to be creative.
We go spirit fishing we sure on the beach no OK for.
(25:37):
For So you would never, you would never go spearfishing, But
it's like you can work 12 hours a day in a crappy job that you
hate and come home at 7:00 PM and be angry at your kids and
all in the name of, well, I don't want to take a big risk.
Or you can, like, set us a couple months aside and really
build something amazing so you never have to do that again, you
know? Yeah.
I totally agree. The problem is that there are
(25:59):
people who are continually in that phase of like, oh, I'm
just, it's just a few months. Oh, once August comes, things
will be better. But once January comes, things
will be better, you know what I mean?
And they just never figure out how to get out of the weeds.
Yeah. All right, so let's go ahead and
pick two favorites. Like gun to our head, if we had
to start one of these, you can'tjust pick one.
(26:19):
I'm going to pick two. You pick two.
Why don't you go first? Also, FYI, this is a stand alone
episode, but it's along the sametheme as the episode that Nick
and I had just a week ago today.How we'd make $1,000,000 over
the next six months. And we do include some of the
ideas from last week. If I had to pick two to start
and make $1,000,000 in the next 6 months, my number one pick I
(26:42):
already said would be buy a business and add value on day
one through AI automation. I just think I know that really
well. I could go and find a business
and within the first week have an additional million to
$2,000,000 in value in a business #2 Dude, the
liquidation idea I think is if Ihad to make $1,000,000 in six
(27:03):
months, it would be the liquidation idea.
I have cash. I could.
I could buy more than enough volume in order to make enough
money to make that million. Dollars you could store it on
your own. Property, yeah, it just seems
like the I like I'm sure if I called Shannon and was like,
dude, I got to freaking make some money, could you help me
like he would help me out, you know what I mean?
Like, I just think that that onewould be, yeah, such an easy one
(27:24):
to execute. Those are great ones and I'm
glad you chose those because that means we will have no
overlap. OK, so we got more surface area
here. OK, nice.
My number one or sorry my two number ones.
My tied for number ones are the RV rentals as a service.
You could finance it. My only drawback on that one is
it is kind of location dependent.
(27:45):
You might live in an area where people just don't need RV's.
If so, your research will show you that and it just means that
you won't end up doing it. Doesn't mean you're going to
fail you, just your research will tell you not to do it net
of net. I love that idea because I've
done that idea. I know it can scale.
It's hard when you have only oneor two.
But as you scale, you can hire people, you can have systems in
place. OK.
Other tied for number 1 is your idea AI automation for small
(28:09):
businesses? There are 32 million small
businesses in America alone. The vast majority of those have
no employees and they're not answering their phone, if ever.
They're definitely not answeringafter 5 PMI Just think that is a
blue ocean. In 10 years from now, it's still
going to be early. It's still going to be a great
opportunity. Business owners don't want to
feel left behind. They have FOMO about AI, but
(28:31):
they don't need AI, so they justwant someone to help them with
it and it's a huge opportunity. That's it dude, good to hear you
say it that way. I am a new number one.
I do think if I didn't have the six month constraint, I think
the RV rental would be my #1. Yeah.
Just I really like that business.
It's not going away. It's an experiential business.
Families will love it. Like I just, I think that that's
(28:54):
an amazing business. I just think it would take more
than six months for me to get towhere I wanted to get.
To Yeah, well, maybe you're not built different.
I'm not dude, built the same as everybody.
You're built same. Built same.
All right. What do you think?
Please share it with a friend and we'll see you next time on
the Kerner office.
Start with something cheap. You can buy a pallet of exercise
equipment for 500 bucks, 10 treadmills for 500 bucks.
I know a guy named Dylan in Logan, UT.
It was his first flip ever. He filled his garage with
freaking treadmills and then twoweeks later he's like they're
gone. What are we talking about dude?
You buy for $0.05 on the dollar,you sell for 30 to $0.40 on the
dollar. You could put the stuff on a
credit card. It's like free money.
One man operator, he has no website, he has no systems.
(00:22):
He's like 65 years old. He makes $350,000 a year of net
profit and he's crushing. It I don't have to go and close
50 people at $50,000 a month, I just got to close one person and
boom, I've made $1,000,000 in six months.
Dude, what are we talking about?We're going to go the Shannon
Jean method and we're going to start just liquidating some crap
(00:44):
from Gov deals and bstock.com/costco.
We're going to. That's a really good idea.
That's a really good idea. Like what?
Are we talking about dude, you buy for $0.05 on the dollar, you
sell for 30 to $0.40 on the dollar?
I think it's a really good idea for people who have experience
doing it. How do you get experience by
doing it? I know I yes I agree.
(01:04):
I'm just saying if it was like asix month window, do you think
you could get enough experience to make $1,000,000 a months?
Really. I do.
I mean I've had them on my podcast 8 times, right?
So I would watch all eight of those episodes and then start
with something cheap, like you can buy a pallet of like
exercise equipment for 500 bucks, right, of like 6
treadmills for 500 bucks. Or it'd actually be cheaper than
(01:25):
that, like 10 treadmills for 500bucks, sell them for 200 bucks.
I know a guy named Dylan in Logan, UT.
He just did that. He filled his garage.
It was his first flip ever. He filled his garage with
freaking treadmills. And a week into it, he's like, I
don't know, Chris, I don't know how I'm going to move these.
And then two weeks later he's like, they're gone.
Sold them all. Like I'm not saying it works for
(01:46):
everyone, it works all the time,but Shannon talks in detail
about like, avoid this, avoid that, go here, start here.
I think it's totally doable and you could put the stuff on a
credit card. Not that I advise that, but some
people might want to you. Can get points for it, you can
get points for it, and someday you pay it off.
The thing is about credit cards,you don't even need to pay it
off. It's like free money.
That's actually a really good point.
(02:06):
I hadn't thought of that actually.
So. Anyway, so that's the short one.
Like that's, that's just the whole thing.
Listen to the episodes with Shannon and start flipping stuff
or if you don't want to just flyblind and like buy stuff off
govdeals.com. If you go to Facebook
Marketplace, once again, I'm talking about Facebook
Marketplace, type in the word business.
You will see a ton of businessesthat are either for sale or
(02:28):
closing that like going out of business that are not listed
anywhere else. I think you could also make
$1,000,000 in six months by justfocusing on restaurants that are
going out of business and liquidating their equipment,
just playing middle man because it's high ticket.
These are 10s of thousands of dollars.
And just saying, all right, I'lltake all these fryers, all this
equipment and I'm going to placeit.
(02:48):
And then you can list this equipment on other marketplaces
like eBay or restaurant equipment sites and sell it
before you ever even buy it. Yeah.
What do you think? So.
I think that's great. Then you have to hold any
inventory. Like you're literally just kind
of creating a marketplace. That's a genius.
Yeah. Yeah.
All right. All right, here is my #1 gun to
my head. I have to earn $1,000,000 in six
(03:09):
months. I'm going to go off of, I just
talked about hero AI. Find one or two work flows that
you know, work and add value. I'm going to build off of that.
This is like going to college after you've gone to high
school, getting your PhD after you got that four year degree.
And what I would do is I would buy a business.
(03:31):
But hear me out, I'm going to goahead and focus and find one
specific thing that I know for afact is going to unlock value in
a business. It's not going to be the after
hours calls that's not big enough.
It's probably going to have to be automating something in the
sales process or something in the receivables process or
something in the fulfillment of your product process.
(03:52):
Here's an example in the medicalspace billing, you need to
understand all the billing codes.
You need to understand diagnosis, etcetera.
Maybe there's something I can build there with AI that can
help supplement in a healthcare business, in a home services
business. Maybe it's staffing.
Maybe, maybe there's something that I can build in a workflow
that automates staffing. But I'm not going to get to the
(04:13):
$1,000,000 just by selling that as a service.
I'd have to get a ton of different customers.
I am going to get to the $1,000,000 if I buy something
that is at scale that I can leverage.
If there's a company that's spending $1,000,000 a month on
labor and I'm able to reduce their labor by 20%, I just made
$200,000 with that one. 10X thatyou made 2 million.
(04:35):
Think about it. Well, and here's the thing, you
stacked that up over a week. I'm way ahead.
You stacked that up over a month.
I'm going to kick your butt. You stacked that up over seven
years. I'm a living in a cave and
you're the guy who's living in the Jetsons future anyways.
So I had to. What I would do is I would nail
down a process. Again, it has to be high
leverage, either something that increases revenue by a lot or
(04:57):
reduces your costs, mainly laborby a ton.
And then I would go and find a company.
So an example of this would be, I know home health and Hospice
really well. Hospice, let's say that I've got
something that makes my employees 20% more productive.
They're no longer charting in their documentation, they're
dictating to AI and AI is doing it.
So now instead of just being able to do 5 visits a day, they
(05:19):
can do 7 visits a day. And because now they're doing 7
visits a day, I can do the same.I can have the same staff and
grow my revenue on the top side from 5 million to $7,000,000.
And I don't add one piece of staffing.
And so I've just increased my bottom line by $1,000,000 a
year. Now the risk of that is I have
to go bigger, right? This isn't just like start an
(05:40):
agency and you're going to find some customers, like I have to
go buy a business. But if you actually have a skill
set, you know, an industry and you can identify a workflow and
then go buy a business day one, you're going to walk into equity
value. And that's what I would do to
make $1,000,000 in six months. And I honestly, I think I could
do it. It's asymmetric information that
you have, yeah. And you're just implementing
(06:00):
that post purchase A. 100%. Can I add on to that are?
You going to up level this? I don't know.
We'll let the audience decide. Could you?
Are you going to steal them at it?
I hate that phrase. So our friend Hector.
Our friend Hector, he is talkingabout buying a heavy equipment
repair company in Houston, TX. It's a one man operator.
(06:25):
He just drives a van. He has no website, he has no
CRM, he has no systems. He doesn't take calls that are
over 1/2 hour away. He's like 65 years old.
He makes $350,000 a year of net profit and he's crushing it.
Hector met him through a church friend and he is going to own a
chunk of this business just to value add it, just to add more
(06:47):
trucks, to add a website to systemize it to.
Oh, by the way, he charges 125 an hour market rate in Houston
for the same thing is $300.00 anhour and everyone's booked out
and he's just like, I don't wantto raise my prices.
I'm doing fine. So Hector doesn't even need to
buy this business. He's basically signing a
contract that grants him conditional equity if I do XY
(07:08):
and Z, quite simple things to your business and he'll have the
control to do this. I know.
Where you're going? Then I get.
Y percent of this business without having to buy it.
Oh my. Gosh, it's effectively the same
thing. But not needing to buy the
business, the owner stays on. They have a good relationship,
He's going to train everyone, he's going to help him hire.
He just doesn't want to do it. That is freaking money.
(07:30):
It's merging the agency with buying a business.
But effectively instead of charging that company, you're,
you're saying I want equity. Yeah.
It might be a longer sales cycle, right?
Because it's like you got to convince somebody to give you
equity in their business. This is the Bro Mosey playbook.
That's how Alex Harmozy does it,right?
Explain. That's that was his model at one
point was he would take large chunks, sometimes 30%, sometimes
(07:53):
controlling interest to add value at companies and he
wouldn't even invest money like he he wouldn't buy equity.
He would invest money like aftergetting his equity to grow the
business and paid ads or whatever, but it was a business
expense. That's how he built much of his
wealth isn't doing that. I wasn't saying that in that
(08:13):
sense it's a bro Mosey move. I, I think it's, it's high risk,
high reward. Like you could spend four or
five months just looking, but you just got to close one
person. I don't have to go and close 50
people at $50,000 a month or whatever the number is, right?
Like I just got to close one person who's willing to partner
with me and boom, I've made $1,000,000 in six months.
I really like that idea. It's usually going to be like a
(08:37):
friend or a family or a friend of a friend of a family member,
right? That's where the trust can come
from. It's kind of hard just starting
cold, you know? Yeah, it has to be.
You have to like, that's why it's a, it's like the highest
risk, but I also think it's the highest reward because you're,
you're not only going and betting everything into equity
(08:57):
on your performance, but you're also like risking reputation,
the people that you know, trust and like, yeah.
All right, so over the summer wewent to Island Park.
We had an episode while I was inIsland Park ID and guess what
Island Park has on the north side of town?
It's a very narrow strip of land, if you will, north to
South. On the north side of town, you
(09:18):
got a few acres. They got really nice glamping
sites, 2 to $300 a night to stayin a glamping tent.
There's a bunch of them on the same property and they stay
pretty much booked. On the South side of town.
You got nothing. You got no glamping.
OK, so the universe threw me a bone.
And around the same time I'm noticing this, our boy Shannon
(09:38):
texts me and he's like, hey, I got a deal on some glamping
sites that are like 90% off. These are like $15,000 glamping
sites. They're like 1500 bucks.
He's like, are you interested? Any other point in my life?
I'm not interested. I love how Shannon's like the
shady guy in New York City who just walks around like, hey, he
(10:00):
watches, watches fake IDs, fake IDs and he's like opens his
trench coat up selling stuff up the.
Street. So he's like, hey, do you want
to buy some glamping tents? And it's like any other time
it's like, no, but it's like maybe so I start looking at land
start looking at land. You can buy land beautiful
scenic land in Island Park for call it 100 and 5200 and acre
(10:22):
right or like 5 acres for 500 grand.
OK, you're. Going full you can.
Also you can stop. Don't ever say that again.
You could also buy like bath because the only real roadblock
to this is a bathroom. You need a bathroom.
You can buy like bathrooms on a trailer or like bathrooms that
are delivered on a trailer that you put down on the ground on a
(10:44):
slab, a cement slab, which you're going to pay about $6 a
foot for. And then you put in some septic
for about 20 grand, lay the septic, put in the bathroom, Buy
glamping tents, list them on on Airbnb one at a time.
You buy one tent, get it fully occupied by another one, get it
fully occupied on and on and so forth.
And it's kind of like the RV rental model, except with
(11:05):
glamping sites in markets that don't have enough glamping
sites. Well, how do I test?
Well, you just, you do exactly what I did for RV's.
You go search for glamping on Airbnb.
You look for this weekend, you look for a year out, you see
which markets have more demand than supply and that's where you
buy in. How do I afford all this land?
500 grams, a lot of money you sell or finance or you do a
lease purchase on raw land, which you can do.
(11:26):
My friend in Canada did it with portable storage.
He went and said I'll pay you $3000 a month for this acreage
in a year. I want the option to buy it.
Sure sounds sounds good. So then he spent the next year
putting portable self storage onthe property.
It crushed. He got fully occupied.
Now that property is worth a lotof money because he he put a
business on it. Then he executed his option to
(11:46):
buy it only after he had validated the business.
Do the same thing with glamping.Go.
Did you take a breath? No.
Was there a? Breath taken in the last four
minutes. Holy crap I can't.
It was amazing. I can't breathe and grind at the
same time. Nick got to make a choice.
Is there a way to find out whether or not a property has
septic on it? Like without going there.
There could be like a database or something, but nothing.
(12:08):
No, it's hard, I. Love the idea of dude, we know
this, which we looked at it whenwe tried to get something on our
RV park. I think that would take
potentially 6 months just to getup and running right?
Like to get the, the foundation poured the septic in and then
you get the, the glamping stuff deliver.
Like that would just take a longtime.
If you could identify somebody who has land and has all that
(12:28):
stuff set up, then then you could just kind of be a broker
be like, hey, are you using yourland?
Can I it the almost the same exact model that you just said,
like rent to own model? Can I use your land?
This is my business plan. And then boom, you're ready to
go. Then you wouldn't need to
necessarily buy the land, you could just lease it from
somebody. That's what I think.
I think you find land that you can lease, purchase, lease with
(12:49):
an option to purchase and you say, listen, I am going to put
here's the permanent things I'm going to do to your land.
I'm going to put a pad on the land and I'm going to put
septic. The pad I just put a pad in my
backyard is going to be $7.00 a foot.
So let's say it's 500 square foot, that's $3500 and then the
septic's going to be $20,000. If in a year I don't want to
renew my lease or I don't want to buy it, you are going to have
(13:12):
free septic and a pad on your property.
FYI, that is a term and condition of this deal.
Are you cool with that? If yes, cool.
So like you could find that property and sign that lease in
a week and then during that timeyou could be doing your research
on is there demand in this area,enough demand for glamping and
what you could even do, you could take it a step further.
A lot of glamping sites, if not most of them, don't have the
(13:34):
bathroom. It's just glamping.
You got to figure out your own bathroom so you don't have to
have a pad or a septic. You could start there, show your
demand, and then you realize from the comments, I'm losing
all these bookings because I don't have a bathroom.
But now I know there's a lot of demand for a bathroom.
Then you could put it in at thatpoint.
Yeah, I love that. I I've always loved the glamping
idea. We looked at it many times.
(13:55):
So did you buy? Like, did you, did you do it?
No, but I would like to. It's on my list.
Are you seriously considering doing it?
I should say. No, just because I have so many
other things that I would love to do, but it's on my list.
I might do it one day. If somebody was listening right
now and they lived in eastern Idaho and they're like, oh, I
know that area. I have land.
(14:16):
I have a septic tank. Chris, will you partner with me
to like figure out how I would be?
Very interested. You'd be very interested, OK.
Yeah, because I genuine like I'll put my money where in my
mouth because I think this is a great idea.
Of course it's an amazing idea. To do a little bonus segment.
Little bonus segment I'm in, dude.
OK, I will strive to portray thevalue of this idea in no more
(14:38):
than two sentences. How about that Done.
I'm going to give you just the idea, and I'm going to try to
tell you in only two sentences enough information to get you
agree to agree that it's a good idea, right?
I had a guy on my podcast that does coil cleaning on HVAC units
at grocery stores. The churn is almost zero.
(14:59):
It's very high ticket. He competes with no one on it.
That's the two sentences. And it's just coils.
Like he pressure washes the outside of HVAC units to keep
them running efficiently. Yeah.
Dude I saw this tweet the other day as somebody who commented
that was like people don't understand that if it that if
they just pressure wash their HVAC unit like their home HVAC
(15:19):
unit it'd be 20% more efficient.Yeah.
It seems fake. We're right back to to, I mean,
that 20% sounds a lot like if your coils don't look dirty,
they're probably not dirty, right?
But this goes back to our B to Bstump grinding business.
Like stump grinding is a pain point for tree trimming
businesses, which is why that isan industry now.
(15:40):
Thanks to you and I, this is thesame thing.
Coil cleaning is a pain point for HVAC companies because they
sell these recurring maintenancecontracts, but it's a pain to do
the coil cleaning because they got to go pull out the pressure
washer, which they don't use foranything else.
It's the same thing, Nick. So if you specialize in only
pressure washing, coil cleaning,and he said he does gas stations
(16:00):
at it, he says, but grocery stores are his best and biggest
customers and they never leave. He never turned.
He said he's literally never lost a grocery store customer.
So if you were to only do that and specialize in that, I think
pretty quickly you could build up a good book of recurring
revenue. Why?
Would the grocery store cancel? Like at that point it's like
what are they paying him? What do they pay him?
(16:21):
I. Don't remember.
OK, let's say 5. Hundred a month per quarter.
It's it's a month. Yeah, yeah, dude, it's like like
that. It's a, it's a rounding error.
I don't even look at that number.
I mean, that's the same type of idea as the AI stuff that I
brought up, right? It's like find one niche
workflow and you can implement it.
(16:42):
That's just like, find one nichecleaning thing or like 1 niche
maintenance thing at a big grocery store or factory or
whatever and you could probably build a recurring business
around that. Yeah, find the pain point that
nobody really wants to do but they have to do and unbundle it.
Do you remember when we talked about Bingo Loco So you?
Say you are. So my wife went to it and we're
(17:04):
going to it again in Dallas and they make like 20 to $30,000 a
night and they can travel aroundthe country.
All they do is Instagram ads andthey just do bingo in the
cramped hall. And then they sell food and
alcohol and they sell bingo cards and people have a blast
and they all post about it and it's just a beautiful business.
I think someone needs to validate that concept with
(17:26):
portable pickleball chords whereyou just run Facebook ads to
start before spending a a dollar.
You run targeted Facebook ads to35 to 50 year olds that enjoy
pickleball in a geographical area and you say we're having a
pickleball party in the Walmart parking lot or whatever and you
see if you can sell enough tickets to it.
If so, if you do, then you can buy or rent these portable
(17:48):
pickleball courts and you can have a big pickleball party.
How's that for alliteration? If you don't sell enough tickets
then you just refund people and you move on with your life.
Dude basically it's bingo loco for pickleball or bingo loco for
anything like funky millennial fun stuff.
Add music, add whatever. Charge way too much money for
it. Apply to any other industry.
(18:09):
Maybe it's pickleball, maybe it's something else.
Where did you go? Like when when you guys went to
Bingo Loco, where was it? It's like some random like hall,
like a just an event. It could be in like a Holiday
Inn Conference Center. When you did Bingo Loco, are
there like specific games or like obviously you're playing
bingo, but is there anything in particular that they're doing on
top of the? Bingo.
Yeah. Like there's someone, there's
(18:30):
like a DJ on stage, they're playing music.
There's like neon light. You win rewards, you could win a
trip. You could win like a life-size
cardboard cut out of Ryan Gosling.
Bro it's it's liquid death for bingo.
Yes, all they're. Doing is marketing it
differently. Yeah, we're talking like 1000
people that pay 40 bucks each just to get in the door and that
that's 40 grand, in case you're not counting.
(18:51):
Then they sell alcohol, they sell food, and they give away
like $1000 in prizes. Like they don't give away that
many prizes. Dude, it's literally Liquid
Death except in bingo form. And you could, you could apply
that same thing. It's just packaging to anything.
It could be pickleball, or it could be.
Or just do it for bingo in othermarkets.
(19:12):
Like just call it bingo crazy and just go attend a bingo loco,
take notes and then go back to Des Moines IA where bingo loco
will never go to and do it therethe exact same thing.
That's a really good idea. Those are the like famous last
words of any entrepreneur. How?
Hard could it be? I know.
Then they fly. Then they fly.
(19:33):
I love that man. All right, what do we got?
OK, this is very different. This is very off the wall, but I
thought of you. What are the large mower
companies do you know? Toro John Deere Like we're
talking about lawn mowers. Yeah, I just talked to a guy who
worked for a mower company called Walker Walker Mowers.
(19:53):
Apparently they're the best mower.
According to the guy who works there well.
He doesn't work there anymore, but he's like, we had the best
mowers. They were way better than John
Deere. The problem is we had sales
reps. It was super interesting.
Apparently there's the manufacturer, but then they had
distributors and then they had dealers.
(20:15):
So there's like 2 layers into selling.
Same as to the John Deere. Is it so the manufacturer
doesn't actually sell to end users, but they do have to do
the marketing and branding awareness for the it's It's
weird. Anyways, so he's like, by the
time he gets to the dealer, which is one step removed or two
steps removed from them, their sales reps didn't really know
the product. So they're out there trying to
(20:35):
sell Walker versus John Deere. But if they don't understand the
product, it's a commodity at that point so that anybody's
just going to make a choice on price.
So he's like, I had the idea. This guy had the idea.
He's like, I, I convinced Walkerto build something and I was
like, what? He's like, I convinced them to
build an amusement park. I was like, what, wait, what are
you talking about? He's like, well, it's not really
(20:56):
an amusement park, but at their headquarters, I'm sharing my
screen right now. They built 3 acres and you can't
really see it with these three acres, but this 3 acres had like
a has 120 different features on it that showcase their mowers.
So this right here, they call this Mount Walker.
He's like in each side of this has a different incline so you
(21:19):
can show how well, yeah, so you can show how well the mower
does. So they brought all the sales
reps and they, they bring them just in like cohorts and they
come and they mow and they actually see like, hey, we,
we've got a John Deere mower. We've got a Walker mower.
Let's show you how well it does.And they'll that's just what
they do like all day. And so these sales reps, they
go. Only for the sales reps This
park, it's only. It's only for the sales reps, my
(21:42):
boy. Why do you think I'm bringing
this up? So only the sailors up come.
And he was like, that changed the game for us.
Because once the sales reps actually went and saw and fell
and knew what the difference was, then they could speak to
these guys who own landscaping companies and say like, look,
man, the turning radius or you know, whatever was like
specific, I know this is much better.
And and so they, they saw way better outcomes.
(22:03):
I asked them like, so do they open this to the public?
He's like, no, they don't. And I'm like, are you freaking
kidding me? Because I had.
I would buy a ticket right now, Nick.
I'm the biggest mowing enthusiast you've ever met.
Bro, that's what I'm saying. I I was just going through my
credit card transactions. I spent $1000 on Home Depot this
last week and I don't even have like a big.
(22:24):
Project going on. That's a, that's a great week
for me. That'd be a great week for me,
Nick. Dude, I've already been thinking
I'm like, Home Depot is like theLego store for adults.
You just you just like go walk around.
You're like, I think I might need this.
You just like pick something up and all of a sudden you're a
couple $100 in this would like, I guarantee you this would get
people coming and saying, yeah, I'll volunteer to go mow some
(22:45):
freaking grass. So I, I don't know if it's
reaching out to Walker and getting them to open this up to
the public or if it's opening upyour own sort of fantasy camp
for people to come and mow, but how cool of a business would
that be? You got just a couple acres.
You're bringing people in and not, you could I guess, teach
them how to mow. But more than that, they're just
(23:06):
freaking riding around having a good time.
Dude, of course, of course that's a good idea.
What else do you want me to say?Do you want me to say isn't that
a good idea? And lie through my teeth, I saw
I saw a viral Instagram video with 20 million views about this
family. They have a family reunion every
summer. And they set up this obstacle
course with the the riding mowerand everyone like races around
(23:28):
the obstacle course to like see how fast they can do it.
And then there's like this hokeyprize, like you could monetize
that. Easily it's.
Principles Men love to ride riding mowers.
We love to cut grass. We love to see our progress
behind us. All right, so I was thinking,
you know, our friend bro Mosey is always like, you just need to
(23:48):
lock yourself in a room for 18 hours, turn off the lights,
ignore your friends and family and build a business.
And he gets a lot of crap for that, right?
But there's something to be saidfor it.
So in our church, Nick, the Church of Jesus Christ of Latter
Day Saints, the president of ourchurch, Russell M Nelson was a
world renowned heart surgeon. Did you know it took him 12 1/2
years post college post doctorate degree before he
(24:12):
really started earning a real salary as a heart surgeon?
No. 12 1/2 years, that's a fact.Is that normal?
Like is that still? Happen.
Well, he wanted to like get all these other certifications.
Like he really went the extra mile, which is one reason why he
became such a renowned heart surgeon.
He didn't just do the bare minimum.
He did PhD equivalent research in heart surgery.
(24:33):
He got advanced surgical training at the Mayo Clinic.
He had an internship, residency,multiple fellowships abroad.
He did all these other things. Yeah, I mean, he was fairly well
known in the medical community. I think he was one of the first
people to perform open heart surgery and and the what was the
machine? Oh, a heart and lung machine,
right. Because, like, Oh yeah, you need
to have that if you're going to do open heart surgeries.
I think he was either the first or one of the first open heart
(24:54):
surgeons. Yeah, but 12 years, that's a
long time. It's a long time so I I say that
because like you and I are family men.
We each have 4 kids. We want to optimize our lives to
hang out with our family. But but I think there's
something to be said for saying,listen, I'm going to I'm going
to do my time. I'm going to pay my dues here.
I'm going to go away for a few months and really build
(25:16):
something incredible. I'm going to work 18 hour days
non-stop and like this is an investment in our family's
future. Yeah, like honey, I'm going to
be gone for like 2 months. I'm in a hotel, I'm going to
Florida. Chris and I are going to hang
out. What?
We are building a business. You know what I mean?
Like we just leave our wives, they handle the house.
And of course we have to be creative.
We go spirit fishing we sure on the beach no OK for.
(25:37):
For So you would never, you would never go spearfishing, But
it's like you can work 12 hours a day in a crappy job that you
hate and come home at 7:00 PM and be angry at your kids and
all in the name of, well, I don't want to take a big risk.
Or you can, like, set us a couple months aside and really
build something amazing so you never have to do that again, you
know? Yeah.
I totally agree. The problem is that there are
(25:59):
people who are continually in that phase of like, oh, I'm
just, it's just a few months. Oh, once August comes, things
will be better. But once January comes, things
will be better, you know what I mean?
And they just never figure out how to get out of the weeds.
Yeah. All right, so let's go ahead and
pick two favorites. Like gun to our head, if we had
to start one of these, you can'tjust pick one.
(26:19):
I'm going to pick two. You pick two.
Why don't you go first? Also, FYI, this is a stand alone
episode, but it's along the sametheme as the episode that Nick
and I had just a week ago today.How we'd make $1,000,000 over
the next six months. And we do include some of the
ideas from last week. If I had to pick two to start
and make $1,000,000 in the next 6 months, my number one pick I
(26:42):
already said would be buy a business and add value on day
one through AI automation. I just think I know that really
well. I could go and find a business
and within the first week have an additional million to
$2,000,000 in value in a business #2 Dude, the
liquidation idea I think is if Ihad to make $1,000,000 in six
(27:03):
months, it would be the liquidation idea.
I have cash. I could.
I could buy more than enough volume in order to make enough
money to make that million. Dollars you could store it on
your own. Property, yeah, it just seems
like the I like I'm sure if I called Shannon and was like,
dude, I got to freaking make some money, could you help me
like he would help me out, you know what I mean?
Like, I just think that that onewould be, yeah, such an easy one
(27:24):
to execute. Those are great ones and I'm
glad you chose those because that means we will have no
overlap. OK, so we got more surface area
here. OK, nice.
My number one or sorry my two number ones.
My tied for number ones are the RV rentals as a service.
You could finance it. My only drawback on that one is
it is kind of location dependent.
(27:45):
You might live in an area where people just don't need RV's.
If so, your research will show you that and it just means that
you won't end up doing it. Doesn't mean you're going to
fail you, just your research will tell you not to do it net
of net. I love that idea because I've
done that idea. I know it can scale.
It's hard when you have only oneor two.
But as you scale, you can hire people, you can have systems in
place. OK.
Other tied for number 1 is your idea AI automation for small
(28:09):
businesses? There are 32 million small
businesses in America alone. The vast majority of those have
no employees and they're not answering their phone, if ever.
They're definitely not answeringafter 5 PMI Just think that is a
blue ocean. In 10 years from now, it's still
going to be early. It's still going to be a great
opportunity. Business owners don't want to
feel left behind. They have FOMO about AI, but
(28:31):
they don't need AI, so they justwant someone to help them with
it and it's a huge opportunity. That's it dude, good to hear you
say it that way. I am a new number one.
I do think if I didn't have the six month constraint, I think
the RV rental would be my #1. Yeah.
Just I really like that business.
It's not going away. It's an experiential business.
Families will love it. Like I just, I think that that's
(28:54):
an amazing business. I just think it would take more
than six months for me to get towhere I wanted to get.
To Yeah, well, maybe you're not built different.
I'm not dude, built the same as everybody.
You're built same. Built same.
All right. What do you think?
Please share it with a friend and we'll see you next time on
the Kerner office.
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