8 Untapped Business Ideas You Can Start This Weekend ⏐Ep. #248

Chris Koerner (0:00)

It's one of those ideas that you launch by making a couple dozen phone calls and finding a couple of yeses. You might as well learn the skills and have an agency, one to two grand a month per customer.

Nick Huber (0:09)

He does micro newsletters. 85,000 people, he's got 40,000 of them subscribed to me. He generated 230,000, and I think he's like on par for double that this year. That's Annapolis, Maryland.

Chris Koerner (0:19)

Everyone loses their sunglasses. So with our sunglasses, lifetime warranty, no questions asked. Statistically speaking, they would have to file 10 claims, break even on them. This guy makes $70 million a year from selling merch. Anyone listening to this could make money by piggybacking on an influencer.

Welcome to the Koerner Office. This was one of my favorite Hold Co Bros ever. And I'm not just saying that so you'll listen. I'm saying that because we talked about like eight different business ideas that are all in different niches and I think you're going to love a lot of them. We talked about building a local newsletter and how that opportunity is open to anyone in the world. We talked about building a business around lifetime warranty as your unique value proposition, your UVP. We talked about starting a local Google My Business Agency charging $1,500 a month. We talked about a lot and I think you're going to love it. So enjoy and we'll see you next time. I got an idea for you.

Nick Huber (1:12)

Let's do it.

Chris Koerner (1:13)

Do you remember when we were talking about partnering with influencers to launch businesses? And I said, if someone is an influencer and all they do is sell t-shirts, they don't know business.

Nick Huber (1:23)

Yes. Yeah. I've used that line many times with people now.

Chris Koerner (1:26)

Well, thank you. There was one exception. I don't really want to get into, but I forgot to mention it.

Nick Huber (1:31)

It proves you wrong. I get it.

Chris Koerner (1:32)

Virginity Rocks. You familiar with them? No, the guy sells a Virginity Rocks shirt. Oh, is it the video where he's like, Virginity, Danny Duncan, Danny Duncan? I don't know. He's a viral social media character. I don't know. But this guy makes like $70 million a year from selling Virginity Rocks merch. And that's his whole brand.

Nick Huber (1:56)

From all the Christians who are like, Oh, brothers, brothers, sisters, Smith, have you seen the Virginity Rocks sweatshirt? That's such a good message to send to the children.

Chris Koerner (2:06)

Yes. Yes. $70 million.

Nick Huber (2:10)

Come again. That's what she said.

Chris Koerner (2:12)

That's a lot. Yeah. Like 70 million. A lot of money. More than 50 Yeah. On T-shirts and hoodies and hats. So like there are exceptions to that, but that's like his whole brand, right? And when you get it right, it becomes its own viral effect. You see a shirt, you buy a shirt. So I don't want to get into that too much, but I thought of another idea of how anyone listening to this could make money by piggybacking on an influencer.

Nick Huber (2:41)

Okay?

Chris Koerner (2:42)

There's a guy on Twitter that I follow, and his name is Sawyer Merritt, and he's probably going to get hit up after this podcast. But Sawyer is a Tesla fanboy. That's his whole shtick. Elon responds to his tweets frequently. He tweets about all the Elon companies and products, and that's his whole shtick. And it's actually kind of like a crypto Twitter account. It's quite easy to grow a Tesla Twitter account because the algorithm favors it, and it's such a polarizing topic. It's so polarizing. You love it or you hate it, right? And so by nature of that, it's fairly easy to grow a Tesla account. Anyway, I think someone needs to partner with this guy and launch a newsletter of just like weekly Tesla news and updates, right? These are high-ticket buyers. It's a highly educated audience, and he's not monetizing with a newsletter. So you start with a free newsletter, and then a month or two later, you launch a paid newsletter where you launch, you basically do kind of like a seeking alpha or a motley fool, like an in-depth deep dive on one of Elon's stocks, right? And it's like, you need to buy it, you need to short it. You know, we flew this drone over the factory, and we can see there's a production run being withheld. Like all this insider info, you just need to find one rider, give him a cut of your revenue. And it's like once a month, maybe it's 50 bucks a month, $500 a month, depending on where you want to go with it. But people can trade based on your newsletter. And these are people that are already buying his stocks anyway.