MI334: Confessions of an Entrepreneurial Addict w/ Chris Koerner
The Intrinsic Value Podcast - The Investor’s Podcast Network
Innovative Business Endeavors and Financial Insights
The chapter covers the journey of creating a successful online business reselling products, the importance of online privacy protection, investing in real estate through Fundrise, financial advice from NerdWallet, and the potential reasons behind a company's reluctance to implement a digital ordering system.
In this week’s episode, Patrick Donley (@JPatrickDonley) sits down with serial entrepreneur, Chris Koerner to talk about his holding company, Cofounders and the unique way he launches new entrepreneurial ventures. You’ll also hear what it was like for Chris to be a missionary for two years in Hungary, a crazy story about partnering with John McAfee, how he got involved in bitcoin mining, his experience doing ultramarathons, why living organ donoring became extremely important to him, and so much more!
Chris Koerner has started over 20 different companies and currently runs a holding company called Cofounders. He’s started and sold five 7-8 figure businesses in five different industries and loves the game of business.
IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro.
02:37 - What Chris’ experience was like being a missionary in Hungary.
07:44 - What some of his early hustles as a teenager were.
10:15 - How he got started writing and honing his craft.
10:37 - How Twitter has affected his career.
12:36 - How he has structured his holding company, Cofounders.
14:01 - How he incubates new entrepreneurial ideas.
15:44 - What are the qualities he looks for in people he partners with.
16:01 - How he created a company selling Buc-ee’s products.
27:03 - What Chris thinks about there being an entrepreneurial gene.
28:59 - How he got connected with John McAfee.
34:24 - When he got involved with bitcoin mining.
37:10 - How he developed conviction in Bitcoin and what his price predictions are.
39:10 - How he handles the volatility of Bitcoin.
39:56 - When and how he first got involved with real estate.
45:21 - Why he loves mobile home park investing.
46:59 - What an average day for Chris is like.
48:19 - What is Parkinson’s Law.
50:44 - How he comes up with creative business ideas.
54:16 - Why he got into ultramarathons.
61:07 - How Chris and his wife became living organ donors.
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
- For more information check out: National Kidney Registry.
- Check out: REI192: Building an Empire w/ Nick Huber | YouTube video.
- Check out the books mentioned in the podcast here.
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SPONSORS
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Connect with Patrick: Twitter
Connect with Chris: Website | Twitter
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