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🚨 Full episode is LIVE now! Watch it here 👆 Transcript, AI Summary & Key Points

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

📄 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.

🧠 AI Summary

Renting out panels can generate $20 to $30 K per job, require little active work, and recover equipment costs within one to six rentals. One example generated several hundred grand and sold for 600 grand after 18 months. A teenager also used B stock auctions to buy a rug auction lot and eventually purchase his first car.

🔑 Key Points

  • Panel-rental jobs averaged 20 to 30 K each.
  • Equipment costs could be recovered in one to six rentals.
  • The panel-rental business required work for up to two days at the beginning and two days at the end of a job.
  • One business generated several hundred grand and sold for 600 grand 18 months later.
  • The panel-rental model was described as requiring no maintenance and potentially no money to start.
  • A teenager used B stock auctions to find and win a rug auction before buying his first car.

✅ Actionable items

  • Set up panel-rental jobs within a day.
  • Rent out panels and collect payment after the initial setup and final removal.
  • Track different auctions on B stock to identify potential purchases.
  • Use an auction purchase as an opportunity to help fund a vehicle purchase.

💡 Business ideas

Start a panel-rental business00:31

Operate a side hustle based on renting out panels for jobs.

  • Jobs can be set up in a day.
  • The business could scale beyond a side hustle.

🏗️ Business models

Panel rental00:20

Renting panels to customers for jobs while earning income after the equipment has been paid off.

  1. Set up the job.
  2. Rent out the panels.
  3. Remove or complete the job at the end.
  4. Collect rental income with no ongoing maintenance described.
  • Equipment costs can be paid off in one to six rentals.
  • One company made several hundred grand and sold for 600 grand after 18 months.

💰 Monetization

Panel rental fees 20 to 30 K per job 00:00

Generate revenue by renting panels for individual jobs.

  • The average job generated 20 to 30 K.

🧰 Tools & AI usage

  • B stock — Track different auctions and bid on auction lots.00:59

📊 Numbers mentioned

Costs

  • Equipment could be paid off in one to six rentals

Growth

  • The company was sold 18 months later

Pricing

  • 600 grand sale price for the company

Revenue

  • 20 to 30 K per job
  • Several hundred grand generated by one business

⚖️ Advantages, risks & lessons

Advantages

  • Panel rentals can require little active work after setup.
  • The model was described as having no maintenance.
  • The business can operate as a side hustle or scale.
  • Equipment costs can be recovered in one to six rentals.

Risks

  • A company owner regretted selling the business because it became too passive and boring.

Lessons

  • A passive business can be financially successful but may not suit someone who wants active work.
  • Buying a first vehicle was presented as a way to learn responsibility and practical skills.

💬 Quotes

You pay off all your equipment in like one to six rentals.

Summarizes the claimed economics of the panel-rental model.00:23

For the rest you're just collecting a check.