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Chris Koerner on The Koerner Office Podcast · Jun 24, 2026 · Education · 01:15 · EN

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AI Summary

A rental-panel business generated average jobs of $20,000 to $30,000, with equipment costs reportedly recovered after one to six rentals. The business required work for up to two days at the beginning and end of a job, with no maintenance afterward. Its owner made several hundred thousand dollars and sold the company for $600,000 after 18 months, later regretting the sale because the business had become too passive. Separately, a 15-and-a-half-year-old bought his first car after participating in an auction.

Key Points

  • The average job generated $20,000 to $30,000.
  • The business could be set up in one day and required up to two days of work at the beginning and end.
  • Equipment costs were reportedly paid off after one to six rentals.
  • The business generated several hundred thousand dollars before being sold for $600,000 18 months later.
  • The seller said he regretted selling because the business had become passive and he was bored.
  • A 15-and-a-half-year-old bought his first car after winning an auction.

Business ideas

Rent out panels as a low-maintenance equipment-rental business00:19

Purchase or obtain panels, rent them out for jobs, and collect recurring rental income after the equipment is paid off.

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    Transcript

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    00:00 He would make like 20 to 30 K a job. That was like his average job. And you could set up a job in a day. >> Yeah. He made several hundred grand while doing it and then sold the company for 600 grand 18 months later. Which he said he now regrets because he sold it cuz he was bored. He actually wasn't doing anything. >> Yeah. >> It was too passive cuz all the panels were just rented out which is like the dream of most people.

    00:23 >> Right. I love it because you pay off all your equipment in like one to six rentals. >> Yeah. >> And after [music] that it's it's just gravy. It's a great side hustle or it could scale if you wanted to. >> Yeah. So for max two days at the very start and two days at the very end you're working. >> Yeah. >> And for the rest you're just collecting [music] a check.

    00:43 >> There's no maintenance. This could be business that you don't need any money to start. >> My oldest kid when he was about 15 and a half he started thinking about buying his own car. He thought I was going to buy it for him. I said no. I [music] had to buy my first vehicle. I feel like it taught me a lot of stuff and then we looked on B stock started tracking different auctions.

    01:00 We found a rug auction and I'm like you want to win this thing? And [music] so we won the auction and as of this last week he bought his first car. [music] So he is yeah he's pumped.