He Makes $20k/Month on the Weekends
Chris Koerner on The Koerner Office Podcast
0:00 I started going farmers market after farmers
0:02 market and over the course of a summer
0:05 I sold $60,000 worth of product working part-time under 20 hours a week.
0:09 Your first 3 months you did 20,000 a month working 20 hours a week.
0:14 Yeah.
0:14 Give or take.
0:15 Yeah.
0:15 Holy crap.
0:16 In the beginning, we didn't really know how good this was going to do.
0:20 So, we just started it out of our basement.
0:22 You don't need a team there.
0:23 You're making a couple hundred bucks an hour
0:25 of profit for the time spent of the market.
0:27 That's an amazing living that you know
0:29 you can only scale farmers markets so much.
0:31 So you start going online.
0:33 What does your first three months of online sales look like?
0:36 When we went online in the beginning,
0:39 we did in less than 30 days what we did in 4 months.
0:43 Our best month so far, we did over $160,000 in sales.
0:47 Holy cow.
0:48 Basically over the past couple of years,
0:51 just online sales alone, a little north of3 or 4 million.
0:54 Wow.
0:55 We've kind of just scratched the surface of the marketplace.
0:59 What other farmers market items, products,
1:01 services did you see around you that seem to be extra popular, extra profitable?
1:09 I met this guy who sold pizza dough mix at his local farmers market.
1:13 He made 60 grand in a summer, mostly profit,
1:15 working 20 hours a week out of his basement.
1:18 No restaurant, no food truck.
1:19 Started the business with next to nothing.
1:21 Basically, every market he walked home empty.
1:23 his best day.
1:24 Pulled in three grand in four hours.
1:26 So, we're gonna interview this guy.
1:27 But before I get there, I'm going to start this episode today by breaking down
1:31 how you can start your own farmers market because guess what?
1:33 I just did this with my wife.
1:35 We're doing this right now and it's actually really profitable.
1:37 So, I'm going to cover that first.
1:39 Then, I'm going to interview Michael about his pizza kit business.
1:41 At the end of that interview, we're going to talk about other farmers
1:45 market side hustles that are printing money, homemade pasta, all kinds of stuff.
1:48 And then he's going to give us more farmers
1:50 market hacks that you can apply to any business.
1:53 And my favorite hack is a branded bag trick
1:55 that sold his product before customers ever reached his table.
1:58 Enjoy.
1:59 Okay, so let's talk farmers markets.
2:01 Now, I haven't spoken about this publicly yet, but it's a pretty cool story.
2:05 So, my wife and a friend launched their second kids farmers
2:07 market here in the Dallas Fort Worth area about a month ago.
2:10 They did their first last year, and it was a big success.
2:13 Their first one last year had 50 booths,
2:15 and it took them a couple months to sell all the booths.
2:17 This one took them about a week to sell twice as many booths, hundred.
2:21 And it was a huge success and it just
2:24 got me thinking more and more about farmers markets.
2:26 Not just from the perspective of a vendor at a market,
2:29 but from the perspective of the person who owns the market.
2:31 So I know a farmers market is like the least sexy business out there.
2:34 But the unsexy businesses are the best.
2:36 They're the most profitable ones.
2:37 They're the ones that people are sleeping on.
2:39 So hear me out for a few minutes
2:41 and then I'll get into my interview with Michael.
2:42 Let me try to convince you to start a farmers market.
2:45 I'll tell you exactly how ours broke down.
2:46 So let me be very clear.
2:48 My wife and her friend/ business partner did like 95% of the work here.
2:52 I vibe coded an app for the judges so that they could
2:55 score the booths on three different
2:57 age categories and several different factors.
2:58 That's what I did.
2:59 And then I showed up and filmed content.
3:01 They did all the work,
3:02 but I had a cool inside look into how it works and how much
3:06 money it could make if the one that we didn't just do were a nonprofit.
3:10 We're doing this to help kids become entrepreneurs and not to be rich.
3:14 But plenty of people could do this to get
3:16 rich and it costs almost nothing to start.
3:18 So the magic is in the overhead or the lack thereof.
3:22 We had almost zero overhead.
3:23 Now typically your biggest overhead is going to be your lease
3:26 or your rent or your land or like where are
3:29 you going to put this market all these people to set
3:32 up 10x10 tents 6 foot plastic folding tables and chairs.
3:34 Where are you going to do this?
3:36 Well, you could do it like near city hall like I do here in my small town.
3:40 But what my wife and her friend did is they went
3:43 to a popular outdoor walkable shopping area here in the Dallas Fort Worth area.
3:46 It's been here for about 15 years.
3:48 It's got all the typicals.
3:50 Cheesecake Factory, Grimmaldi's Pizzeria, burger place,
3:53 frozen yogurt, grocery store, you name it.
3:55 It's nice.
3:56 It's cool.
3:56 But these guys are in the business of occupancy.
3:59 They want as close to 100% occupancy as possible.
4:01 And they also have uh apartments.
4:03 It's a mixeduse complex.
4:04 So, they need things to be bustling.
4:06 They need things to appear busy.
4:08 And so it's in their best interest to host a farmers market.
4:11 And so I think it was my wife called the marketing manager or emailed
4:15 them or whatever and they were thrilled to be a part of this.
4:18 They said, "Yeah, let's set a date a few months in the future.
4:21 Let's rope off some parking spaces for you and we'll help you advertise it.
4:24 We'll put it up on our electronic billboard that like
4:27 100,000 people drive by every day." That's not an exaggeration.
4:29 It's right on the freeway.
4:31 We'll send an email out to our list.
4:33 like we will advertise this market for you and we won't
4:35 charge you for it and we're going to give you gift
4:38 cards to our shopping center to all the businesses here
4:40 to give to the judges just to say thanks for helping participate.
4:43 So, we did it last year.
4:45 It was a huge success and then we did it this year and it was a mega success
4:50 and I basically played zero role in marketing it either
4:53 to the vendors or to the people that showed up.
4:55 I posted about it on Instagram the morning of.
4:57 I have no idea if it drove any traffic
4:59 but it was way too short notice to make a difference.
5:02 So, I don't want anyone to think that you have to have an audience to do this.
5:06 It was packed.
5:07 And it's perfect because people are already coming to that shopping center.
5:09 Most of the people at the market probably had
5:11 no idea there was even a market there that day.
5:14 They just went there to buy some Lululemon leggings or whatever and then
5:17 saw a bunch of kids selling cool stuff and so they started shopping.
5:20 But a lot of people did know there was a market.
5:22 So, they came there and then they
5:23 might have bought some Lululemon leggings as well,
5:26 which the shopping center would be thrilled about.
5:28 And then you have all the friends and family.
5:31 You have these 7 to 17year-old kids with a booth
5:34 and their parents are posting about it on Facebook and Instagram and everywhere
5:37 to friends and family and extended family and they're showing up and driving
5:41 business to the shopping center and to the other kids as well.
5:44 So, it's this beautiful win-win all the way around.
5:47 Now, here's what we did wrong.
5:49 We provided tables and chairs.
5:50 Never again.
5:51 Ever.
5:51 Ever.
5:52 Ever again.
5:52 What you need to provide is just a space on the ground.
5:56 Hey, here's a map.
5:57 You take a laminated piece of paper with a number on it.
6:00 Take a sandbag.
6:00 You throw the piece of paper on the ground.
6:02 You throw the sandbag on it so it doesn't blow away.
6:05 And then you tell people the day before,
6:06 the week before, you are booth number six.
6:08 And then around 8:00 a.m.
6:10 all the vendors show up an hour before it starts.
6:12 They set up.
6:13 They set up their tent.
6:14 We set out the tables and chairs beforehand, which is a big pain,
6:17 and I won't get into it, but we're not going to do that again.
6:19 And that was basically our only overhead.
6:20 That was our only cost.
6:21 And then they have an hour to set up or 2 hours or whatever they want or need.
6:24 And then people start showing up at 9 and it lasts until 12,
6:27 1, 2:00 in the afternoon.
6:28 That's how it works.
6:29 A lot of these kids made hundreds of dollars in profit.
6:32 I think a few made over a thousand.
6:34 And then some kids made less than a hundred.
6:36 It just didn't go well.
6:37 And the kids that typically didn't do well were the ones that sold really,
6:41 really cheap knickknacks, you know,
6:42 like 3D printed objects or crafts or stuff that people buy to be nice,
6:47 but they don't really need.
6:48 And it's also the stuff that takes forever for these kids to make.
6:51 So, side note, I don't recommend you sell that stuff.
6:54 The kids that did well sold higher ticket stuff.
6:56 And in this case, higher ticket is like$ 20 to $50.
6:59 My daughter sold $35 custom hats.
7:01 She had an 80% margin and she made hundreds of dollars of profit in a few hours.
7:06 Her overhead was a $70 hat pressing machine and some like $4
7:10 blank hats she bought on Amazon and some patches and stuff like that.
7:15 Great business.
7:15 So, I think there's even more opportunity to do this for adults
7:18 and you could charge a lot more on booth fees as well.
7:21 And this concept of doing it at an outdoor shopping market,
7:24 that's not really a thing.
7:25 Now, I know Tractor Supply, they have markets on Saturdays,
7:28 and it's genius because it brings people to the Tractor Supply.
7:32 And Tractor Supplies usually aren't like in as good of location as a Walmart.
7:35 They're usually kind of off the beaten path in more rural areas.
7:38 And so it's a great way for Tractor Supply
7:41 to market to the community to let people know
7:43 that they're there and then also to have a high
7:45 sales day on that Saturday because people are showing up,
7:47 buy hot chocolate, then they go in and buy a bunch of chickens or whatever.
7:51 So Tractor Supply is kind of pioneering
7:53 this along with my wife and her business partner.
7:55 But at the end of this, the shopping center went up to my wife.
7:58 Remember this is the second time they did it and said, "This was amazing.
8:01 How soon can we do this again?" And they don't even have results yet.
8:04 It's not like they signed a bunch of 10-year leases on the spot.
8:08 like, you know, commercial real estate doesn't work that way,
8:11 but they just want bustling activity, and that's what they got.
8:14 So, here's how the unit economics breakdown.
8:16 First of all, this shopping center is not massive.
8:18 I would say it's midsize for DFW, certainly on the lower end of midsize,
8:23 but it could fit at least 200 booths.
8:26 And these booths are on sidewalks and in parking spaces.
8:28 And they also have a parking garage, so they have plenty of parking.
8:31 That's not an issue.
8:32 So, a booth fee realistically at an average market is 50 to 100 bucks.
8:36 And remember, you don't need to provide anything.
8:38 They bring their tent, their tables,
8:40 and their chairs and their supplies and their equipment.
8:42 And if they need electricity,
8:44 they just plug up to an outlet and you know, the shopping center covers that.
8:49 So, 200 stall market, $100 a piece,
8:51 that's $20,000 for five or six hours of work on a Saturday,
8:55 plus of course like some prep work beforehand, some marketing.
8:58 But in the case of my wife,
9:00 like they have a Facebook page with like 300 followers,
9:03 Instagram page with something tiny.
9:05 like they didn't have a big audience.
9:07 They're just piggybacking on an existing audience of this shopping center.
9:10 That's why it works.
9:11 So, you do one of these every weekend,
9:13 put 10 grand profit in your pocket, 40 grand a month.
9:16 I think that's possible.
9:18 Or just be a vendor at these things.
9:20 Or show up to one of these and see which booths are consistently busy
9:24 and then copy that concept at the same market or at a different market.
9:28 I really, really love the branded bag idea
9:30 that you're about to hear in this interview.
9:32 You ever heard of Justin's Nutter?
9:34 multiund million dollar brand sold in thousands
9:35 of grocery stores that started at a farmers market.
9:38 Tate's Bake Shop, I think that's a billion-dollar business.
9:40 Farmers market.
9:41 Berts Bees, Green Goo, Sprouts Markets, that started as a farmers market.
9:46 I am actually going to finally launch my powdered drink mix business that I've
9:50 been talking about for years called Busy Juice at my local farmers market.
9:54 That's 2 minutes down the road from me on May 9th.
9:57 And I'm going to document that whole process, buying the bags,
9:59 sealing the bags, buying the ingredients, mixing it in my kitchen.
10:03 regulatory stuff.
10:03 I'm going to have a live stream set up at the tent all day.
10:07 I'm going to bring samples of drinks.
10:08 People are going to taste it.
10:09 I'm going to sell it for 30 bucks a bag.
10:11 It's got like 70% profit margins.
10:13 I'm going to eat my own dog food or drink
10:15 my own powdered drink mix in in this case.
10:17 So, be looking for that video in late May or June.
10:20 These markets are just an amazing place to get
10:23 immediate real-time feedback from strangers on your product.
10:25 Doesn't have to be food.
10:26 It could be cutting boards.
10:27 It could be anything.
10:28 Beef jerky.
10:29 I guess that's food.
10:30 But go find what works.
10:31 In the case of this guy I'm about to interview,
10:34 he had no precedent for a pizza mix making
10:36 a,000 or $2,000 in four hours at a farmers market.
10:39 That wasn't a thing.
10:40 He didn't go copy anyone else.
10:42 He just blazed his own trail and now he's got
10:44 a multi-million dollar business on his hand a couple years later.
10:46 So go start a farmers market or go be a vendor at a farmers market or go support
10:51 your local farmers market as a consumer and check
10:53 out this interview and please share with a friend.
10:55 Hey, YouTube's fine, but what about when you're driving around?
10:57 What about when you're mowing the lawn?
10:59 You need my audio podcast, The Kerner Office.
11:01 Just look up TKO Pod in Apple, Spotify, or wherever you get your podcasts.
11:06 Well, why don't you start by telling us who you are and what you do?
11:10 So, my name is Mike McCoy and I'm co-founder of Prep a Pizza where we
11:15 sell a pizza dough making kit to people who want to make better pizza at home.
11:19 That's basically what I did for more than a decade is kind of nerded out.
11:22 Bought every bit of equipment, tried all kinds of brands.
11:26 Like in the very beginning, I created a fake pizzeria so I could
11:30 contact every vendor and get like flowery you wouldn't
11:33 buy anywhere else on Amazon or interesting in any
11:36 kind of specialty stores or even the restaurant stores.
11:40 So I could find, you know, kind of what I was looking for realistically.
11:44 It was, you know, I always try with food at home
11:47 is like how can I emulate a restaurant that I love?
11:51 And so I start with, you know, okay, well, what brands of flour are they using?
11:55 What kind of techniques are they doing?
11:57 What types of other ingredients are incorporated with this?
12:01 And how can I, you know, almost exactly mimic it,
12:04 you know, to the point where now we've created this?
12:07 Gotcha.
12:08 What was what background did you have that led you to start this business?
12:11 So I, for lack of a better word,
12:13 I've reinvented myself in business about five different times.
12:17 I had been doing a lot of business
12:19 in the past that I wasn't really passionate about.
12:22 None of the things that I did were really anything that I loved.
12:26 And for a while, I was kind of in a rut.
12:28 Wasn't really happy.
12:29 You know, family wasn't really happy with what I was doing anyways in business.
12:34 And so we kind of like sat down one night and it's just like, okay, well,
12:38 what's something that I could do that I really love
12:41 and I'm passionate about and that I could really like,
12:43 you know, sink into, you know, the first thing that came to mind was
12:47 like we should start a piece pizzeria because,
12:49 you know, I'd been making pizza at home for, you know, more than a decade.
12:52 I've been nerding out on it just like you did.
12:55 And realistically, it was my passion.
12:57 It was my love, you know, for a really long time.
13:00 And everybody else loved it, too.
13:01 like, you know, we'd always have pizza parties
13:04 and things like that and everybody would say,
13:06 "Wow, you should really open a pizzeria.
13:07 You should really open a pizzeria." And so one day I turned to my wife and said,
13:11 "Would you like me to open a pizzeria?" And she said,
13:14 "No." Cuz we've both worked in the restaurant industry before.
13:17 It's brutal.
13:17 Like, you'll be there night and day.
13:19 Like, I don't want you to open up a pizzeria.
13:21 So I sat and I thought and I was like, well I kind of come from a direct
13:26 response marketing background and basically have all kinds
13:29 of background with restaurant training as well
13:31 as you know online training and things like that.
13:34 So I thought well how can I marry all of that together?
13:38 And that's where kind of our pizza dough making kit kind
13:41 of was born where basically I provide you with the best
13:44 quality ingredients and also training and support so that way
13:48 you could execute because that's the biggest problem with most people.
13:52 Most people have a challenge in getting to the finish line and so then they go
13:56 back they revert backwards and go to the grocery
13:59 store and you know buy what's pre-made, what's kind of easiest.
14:02 And once you get past the point, just like you did,
14:06 once you get back past the point of making something really good, you're like,
14:10 "Wow, this can be amazing at home." And that's kind of the biggest
14:13 hurdle that I think most home cooks have with making pizza.
14:16 It's funny because you had that you said
14:18 the comment where you're so good at making pizza, you should open a pizzeria.
14:22 Like, I swear every failed restaurant that ever failed was
14:26 because someone had that same experience over and over and over.
14:29 they were good at making X, Y, or Z food and all their friends and family said,
14:33 "You should open a restaurant." What those people don't realize is
14:35 that opening a restaurant is nothing like being a good cook.
14:38 Like being a good cook is like 20% of it.
14:40 You still have to run a dang business, you know?
14:42 And so then they open this restaurant
14:44 and they're there till midnight every night
14:46 and then it fails because a business is
14:48 much different than just cooking in your kitchen.
14:50 So what did that first month look like?
14:52 How did you start your business?
14:54 So basically in the beginning we didn't really
14:56 know how good this was going to do.
14:59 So, we realistically kind of just started it out of our basement,
15:02 for lack of a better word.
15:03 I would measure, me and my wife would spend, you know,
15:06 evenings in the basement like measuring out
15:08 ingredients and building these kits and, you know,
15:11 we pre-ordered all of these different bags and stuff like
15:14 that that we could then load everything with with, you know,
15:18 just like normal gram scales in our basement at on tables and stuff like that.
15:24 And then we had a ceiling machine and we would build these and we'd build,
15:29 you know, typically like a hundred at a time.
15:31 And then I would go out to farmers markets because
15:33 I knew that that was kind of like the fastest way
15:36 that you could go and present some type of food
15:40 related product and see if there was a market for without,
15:44 you know, realistically low-end investment.
15:45 weren't really spending any money online or anything
15:48 that I started going to farmers markets and then
15:50 I started to go to three or four farmers
15:53 markets a week and every single time I'd go, you know, I'd show up,
15:57 I'd have a little pizza oven and my table set up and, you know,
16:01 30 to 40 of these and every single time
16:03 I'd walk home without and people would buy them.
16:06 And I wasn't the cheapest product at the farmers market.
16:10 You know, we charged $30 for our kit, $29.97 online.
16:14 And realistically to a consumer for pizza dough,
16:16 I mean that's probably the biggest comment we get online.
16:18 Oh, that's really expensive.
16:19 But it's not just about the ingredients inside of the bag.
16:22 It's about the training, the support that you get, you know,
16:25 the actual level of commitment to making sure
16:28 you pass the finish line and enjoy your experience.
16:31 That's what really sells.
16:32 At any rate, I started going farmers market after farmers market.
16:36 And basically over the course of a summer, you know,
16:39 I sold roughly $60,000 worth of product
16:42 kind of your first summer working part-time.
16:45 Like I mean typically the farmers market is like a couple hours.
16:49 I was maybe like three to four a week.
16:51 So under 20 hours a week that I was
16:54 working on this project selling $60,000 worth of stuff.
16:57 So it wasn't that at all.
16:59 So your first three months you did 20,000
17:01 a month working 20 hours a week, give or take.
17:04 Yeah.
17:05 Holy crap.
17:05 What was your profit on that 60,000?
17:08 So, in the beginning, it was pretty much all, you know,
17:11 for the most part profit because the margins on the actual product.
17:15 So, I would say if you factored in our time,
17:18 we spent a lot of time making everything.
17:21 So, it wasn't, you know,
17:22 like realistically the showing up to the market and everything
17:25 like that in the end result of selling that part was,
17:28 you know, kind of a limited amount of time.
17:30 the backend time which was you know us being
17:34 our own in-house manufacturing facility that was probably the majority I
17:38 would say of the work but as far as you
17:41 know ingredients are not inexpensive but they're not expensive but then
17:44 we also were buying in bulk so I could lower
17:48 my cost and things like that but then we were
17:51 manufacturing in house so technically we literally in house manufacturing
17:55 in basement yeah manufacturing at home so and then you know,
17:59 we just kind of grew from there.
18:02 Yeah.
18:02 Then when I took it online, basically we kind of knew we had something,
18:06 didn't really know how well it would do online
18:09 and I was a little bit new to, you know,
18:12 like Facebook advertising and I kind of hired agencies out then took everything
18:15 over on my own and now we've been pretty much exploded from there.
18:19 So I want you to grade my pizza recipe and then I'm going to guess your margins.
18:23 my my pizza double zero flour 1 kilogram 1,000 gram that's going to that's
18:27 going to set me back and I I don't buy in bulk that's
18:31 going to set me back like eight bucks or something right six bucks something
18:35 like that six to eight bucks then I'm going to put in 700 gram
18:38 of water and I'm going to put in like six gram of yeast
18:41 and 25 gram of salt that sounds about right so if I were selling
18:45 that it looks like you're 30 bucks for six pizzas worth and so that's
18:49 like I'm guessing I don't know is that like a pound and a half.
18:53 So, the package itself weighs out to 2 L pounds.
18:56 Okay.
18:57 2 lbs.
18:57 Okay.
18:57 So, I'm guessing you've got like 80% margin on that product.
19:01 As far as the the actual ingredients and things
19:04 like that, I'd say that's that's probably pretty close.
19:06 Gross margin.
19:07 Yeah.
19:07 Yeah.
19:08 I mean, I I will say that our good
19:10 friend Zuckerberg gets the majority of our money right now.
19:14 Sure.
19:14 Yeah.
19:14 We'll go in we'll go into the ecom side,
19:16 but now I'm thinking for like I'm still thinking on uh the farmers market side.
19:21 So, first summer, are you doing like one farmers
19:23 market every Saturday or are they more often than that?
19:26 So, there are ones that you can do like throughout the week.
19:30 So, I did a Wednesday, Thursday,
19:32 and two Saturday markets and that was the four that that I did in a week.
19:38 Okay.
19:39 So, I had my wife go to one and I went to another one on Saturday.
19:44 But realistically, in a lot of towns, there are ones that you can do.
19:49 You know, essentially Wednesday through Saturday,
19:51 typically there's a market in some some place or some town close to you.
19:56 It just depends on what town it is.
19:59 So, okay.
20:00 But realistically, someone could easily get three in by themselves.
20:04 So, you guys were doing like,
20:06 call it like 12 to 16 markets a month that first summer, right?
20:10 Yeah.
20:11 Okay.
20:11 Okay.
20:11 So, call it 48 markets.
20:13 You're doing like 1,200 to,500 in sales per market on average.
20:17 And I'm sure some are like 400 and some are 2,000.
20:20 Is that accurate?
20:21 Yeah.
20:22 It just depends on the day.
20:23 Yeah.
20:24 And then markets are what, four to six hours.
20:27 So, typically the the ones around here are about two
20:30 to three hours of the total time of the actual market itself.
20:34 So, like I'd say you're probably there for maybe
20:37 four and a half hours total, if that.
20:40 Okay.
20:40 Like it really wasn't that long.
20:42 So you're only making pizzas for samples.
20:44 You're not selling pizzas.
20:46 It's just the kids.
20:47 Right.
20:47 Right.
20:48 So the goal in the beginning was not to become a pizzeria, but to sell Yeah.
20:52 You know, show pe showcase the product, sell people on, hey,
20:55 you can do this, too, and this is how good it can.
20:59 So I would make it exactly the same.
21:01 So there'd be no difference in the dough, you know,
21:04 and I would do minimal stuff like minimal cheese,
21:07 minimal toppings, you know, things like that.
21:09 highlight the dough.
21:11 Minimal sauce, minimal cheese,
21:12 so they could really taste what good dough could be versus,
21:16 well, you're just putting a ton of sauce or you're just putting the best.
21:19 Yeah.
21:20 Yeah.
21:20 Now, are you putting anything else in the mix other than flour, salt, yeast?
21:25 So, we add a couple of helpers.
21:27 We provide honey as a helper, like powdered honey.
21:30 We're going to change that in time for vegan people,
21:34 but basically a healthier sugar, which helps the yeast activate.
21:38 We also provide diastatic malt powder.
21:40 We do a two-part recipe.
21:42 We teach pish, which is a bread making step
21:45 of making a pre-ferment before you actually finish your dough.
21:49 So, when you mixed more ingredients in the pizza industry,
21:52 it helps to kind of move things along faster.
21:54 That's why we chose this recipe because we're trying to, you know,
21:57 like if I said, "Hey, man.
21:59 All right, cool.
22:00 You know, mix all that stuff together.
22:01 All right, now let it sit in the fridge for three days,
22:04 you know." Yeah, that's what I do.
22:06 Yeah, I love it.
22:07 Yeah.
22:07 So some people, you know, are are definitely more into like the faster time.
22:11 So we were trying to sure, how could we give people the right recipe,
22:15 but also the fastest recipe where we landed with this.
22:18 I mean, you've got to you've got to build it
22:20 for the lowest common denominator for the everyday at home.
22:23 You got to make it easy, simple, frictionless.
22:24 Yeah.
22:25 You said the word poolish and I I heard Veto, that YouTuber.
22:28 I'm sure you you know him.
22:30 Yeah.
22:30 Yeah.
22:31 He's so entertaining.
22:31 I know him very well.
22:33 I see him every year at the Pizza Expo.
22:36 Oh, that's awesome.
22:36 We talk a good bit.
22:38 So, he's a good friend.
22:39 It's funny because I'm thinking back
22:41 to the conversation you had with your family.
22:42 Like, what is your passion?
22:43 Like, oh, it's pizza.
22:44 If I were to have that conversation with my family, oh man, it's pizza.
22:49 It's barbecue.
22:49 It's mowing the lawn.
22:51 It's trimming trees.
22:52 It's planting trees.
22:53 It's fruit.
22:53 It's horiculture.
22:54 Like, I have so many passions.
22:56 But I will say like in the passion versus profit argument,
23:00 like passion is just the way to go, man.
23:02 Like you might not be able to afford starting
23:04 a business that's your passion early on, but as soon
23:07 as you can like do a business that you
23:09 are passionate about and you will have the most rewarding, fulfilling life ever.
23:13 They always say if you do what you love, you never work a day.
23:17 You never work a day.
23:18 And it's true.
23:19 It's a cliche, but it's so true.
23:20 Okay, so by my count, you're making it, you know,
23:23 exclude the time it takes you to prep the stuff.
23:25 If you just look at the the time spent at the market,
23:28 it's only you because you're offering something that's very simple.
23:31 you know, pay here, here's the QR code to Venmo or whatever, right?
23:34 You don't need a team there.
23:36 You're making a couple hundred bucks an hour
23:38 of profit for the time spent at the market.
23:40 Of course, doesn't account for your time before then.
23:42 That's an amazing living, but you, you know,
23:45 you can only scale farmers markets so much.
23:47 So, you start going online.
23:49 What does your first three months of online sales look like?
23:52 So actually in the very beginning and another thing too just
23:56 like a sidebar is that we didn't just do farmers markets.
23:59 We did different food shows.
24:01 We did lots of golf tournaments.
24:03 We did neighborhood events.
24:05 Basically anywhere that would let me show up,
24:07 make a little bit of pizza and had a crowd like
24:10 is kind of where you know golf tournaments was really big one.
24:13 like it was a super, you know, lowfi thing to spend,
24:16 you know, a golf round sitting around making pizza,
24:19 chit chatting with people and, you know,
24:22 easily I was selling 40 or 50 of them at a golf tournament.
24:25 Wow.
24:25 It was definitely a good place for it.
24:27 Guys, tkowners.com.
24:28 That's my community where people are building businesses.
24:31 I do AMAs, Q&As's every week live.
24:34 You can ask me anything you want.
24:35 You can have accountability partners.
24:37 It's about a thousand people in there building, starting, growing businesses.
24:40 Check out TKO as in the kerner office.
24:42 tkowners.com.
24:43 When we went online in the beginning,
24:45 I was kind of I was a little bit new to Facebook marketing.
24:49 So, I hired an agency on at first and we did okay,
24:53 but realistically, we didn't really do great.
24:56 And it wasn't until I took things over myself
25:00 and really started investing in to the marketing and understanding
25:04 everything that we went like probably our first four
25:07 months of marketing basically our sales online were dismal.
25:10 Although we did, you know, get a call from a show that everybody knows that you
25:14 go on their show and they'll maybe invest in your business.
25:18 Oh, did you did you go on it?
25:20 We haven't yet, but basically they invited us to try out for the the show.
25:24 And I laughed because when they called us, I said, "Well,
25:28 we've sold five of these online,
25:30 so I'm not really sure we're ready for you guys yet,
25:33 but I guess we'll sign up." Uh,
25:34 so maybe at some point we'll get on that show, too.
25:38 But it's kind of funny.
25:40 At any rate, so after that basically we did in less than 30
25:44 days what we did in four months in sales just by me taking over
25:50 everything and really understanding the marketing
25:52 and how Facebook marketing works and you know
25:55 kind of applying the right principles
25:58 and like we've been just scaling from there.
26:01 We're our best month so far we did over $160,000 in sales.
26:06 Holy cow.
26:06 You know, and basically over the past couple of years, just online sales alone,
26:12 a little north of three or four million dollars in sales.
26:15 And we've kind of just scratched the surface of the marketplace.
26:19 We're just understanding how to build this business.
26:22 You know, as I'm sure you're aware of, the ecom world is not,
26:26 you know, the it's not just like press play and you're instant millionaire.
26:29 You've got to actually like do a lot of things
26:32 to get it going right and efficient and, you know, cost efficient.
26:36 based on your advertising and that's the most expensive thing.
26:39 But kind of like the good thing about what we're doing is that we had, you know,
26:44 margins in place that allowed us to really kind of explode our marketing where
26:48 other companies out there might only have a 10 or a 15 or 20% margin.
26:52 Yeah.
26:53 I mean, it looks like you have 60 active ads right now, which is awesome.
26:56 Most people don't realize that about Facebook ads.
26:58 You have to have a way more creatives than you think,
27:01 and you have to rotate them much more often than you think.
27:05 We're like, we're friends of the farmers market.
27:07 My wife put on a farmers market for kids.
27:09 She was in charge of it with a friend
27:11 and we're vendors at a farmers market here in town regularly.
27:14 We sell all kinds of stuff.
27:16 We're an entrepreneurial family.
27:18 So, I'm going to one next month and I'm going to sell a powdered
27:21 drink mix in a gusset bag like what you sell yours in, right?
27:24 It's a powdered drink mix with three ingredients
27:26 that I personally drink and invented and love.
27:28 And so, I'm going to do it a to make money, b to make some content about it.
27:33 What tips would you have for me for selling a product that has
27:36 a form factor just like yours but is a powder drink mix instead?
27:40 It's going to be a similar price point as well.
27:42 Yeah, I'd say literally set up some cameras behind you.
27:45 Yeah.
27:46 And have people try it.
27:47 Do people have issues with the cameras or the mics at all?
27:51 Ever?
27:51 No.
27:52 Never had one issue, you know,
27:54 with it or anyone like thinking, you know, something was wrong?
27:58 But to me, it just felt like if I was too like abrasive about it,
28:03 then people would care.
28:04 If that makes sense.
28:05 Like if I was just like, "Okay, hey, can you hold this mic real quick because
28:09 I'm trying to make content for my, you know,
28:11 blah blah blah." That people just pretend
28:13 like it's not there unless they say something.
28:15 Yeah.
28:16 Hypothetically, so you did 60 grand the first summer just at farmers markets.
28:19 What might you have done in sales that same summer if you had no samples?
28:23 You were just kind of selling them
28:25 on the dream and you just had the product there.
28:28 Honestly, I think I will say that it it
28:31 was 5050 because I also tried selling without samples.
28:35 Okay.
28:35 and more so I would say without samples someone that had bought
28:41 some equipment and failed you know so realistically it's kind of like you
28:46 know the a lot of people that went to farmers markets also
28:50 were the outdoor cooking crowd of people and so it was a very
28:55 easy pull for our product I would say that definitely samples help
28:59 you know and in the beginning samples I would suggest for any
29:03 product doesn't matter what it is like samples because that you know
29:07 except obviously like eggs you can't crack an egg and then say hey
29:11 you know you just get to say my chickens lay the best
29:14 eggs right now if in Texas we have the Texas cottage food law
29:18 where if I were to make pizzas at this market I need
29:21 a food handlers permit and it's totally different than if I sell cookies
29:24 because those don't require refrigeration I don't need any licensing if I
29:27 sell cookies right in your case did you need a special license
29:31 to give out samples or no so that's kind of interesting And we
29:35 actually talked with someone in Texas about reselling our product there as well.
29:41 And the laws are only applied if you sell the pizza.
29:47 So, if I'm just giving you a sample of a pizza that I've made,
29:52 you know, to test out,
29:54 it doesn't apply because the exact same laws in Georgia where,
29:58 for example, if I show up to a farmers market and I'm selling pizza to people,
30:03 I am now a food truck.
30:05 You're basically a restaurant.
30:06 Yeah.
30:07 Yeah.
30:07 So, because of that, so the law is almost like identical between the two states.
30:12 Yeah.
30:12 in most states.
30:13 I found out that like Pennsylvania is
30:15 the only one that's like really weird about it.
30:18 But other than that, the majority of states,
30:20 it's it's been, you know, something where anyone could do.
30:23 Okay.
30:23 What was your best market ever with regards to sales and what was your worst?
30:28 I think my best market ever we did like close to three grand,
30:32 but it was a really it was a really big like it was kind of a a big
30:38 event that was all tied up together with the farmers market as part of it.
30:43 So there were basically it was almost like triple the amount
30:47 of people that would normally come to the farmers market.
30:50 And I would say that every farmers market is not a great, you know, great place.
30:55 So you have to be a little bit picky and choosy.
30:59 Yeah.
30:59 I would say ones that cities hold on like that are actually inside of the city
31:05 limits I've found tend to be better than ones outside of the city limits.
31:10 That's the one I'm doing.
31:11 Yeah.
31:11 Yeah.
31:11 And the reason why is because I've been to ones
31:14 that basically are a farmers market like in the traditional
31:18 sense of on the side of the road that no
31:21 one showed up to because it was poorly marketed.
31:24 Where the cities are trying to, you know, especially smaller cities,
31:26 they're trying to get people to come into their town
31:29 and also do business with the other businesses in town.
31:32 And farmers markets is a great way to kind of get people
31:36 around the area to actually come in and invest in the town itself.
31:40 Yeah.
31:40 Okay.
31:40 What about these classes?
31:42 Who's doing classes and what how big is that business?
31:46 So, every person who buys our pizza dough making kit gets our free master class.
31:51 So, basically, we provide them with a course.
31:53 It walks them step by step on how to make pizza dough the proper way.
31:57 You know, has tons of different troubleshooting information.
31:59 It's actually something we're reshooting because we also
32:02 found other things that people had problems with.
32:04 So, it's something that's ever evolving for us.
32:07 But then we also back that by providing customer support.
32:11 So for example, like if you had a question and you
32:13 were making dough and you needed a little bit of help,
32:16 you could hop on the chat on our website and lo and behold,
32:18 I'm the person answering it right now.
32:20 And so I I help people out every single day.
32:23 You can even call our 800 number and get real answers to kind of, you know,
32:28 the goal realistically our goal is is to have people enjoy what they're making,
32:32 be successful in their making, and you know, making it,
32:35 and then having a really good pizza at home,
32:37 better than any around them, which makes them want to make it more often.
32:41 Okay.
32:41 So, you've got a master class, but that's free to anyone that purchas it just
32:44 so they can learn how to better use your product.
32:46 That's not like a a revenue generating side of the business,
32:49 but it supports your revenue.
32:51 Exactly.
32:51 Yeah.
32:52 Okay.
32:52 If someone's watching this right now and they love pizza
32:56 or they love cooking and they want to monetize that somehow,
32:59 what suggestions would you have for them?
33:01 Would it be selling pizza at a farmers market?
33:03 Would like in the pizza space, what's like an approachable business idea or more
33:08 than one um that people could implement?
33:10 Yeah, I mean I would say that you know reselling pizza related
33:17 products versus selling pizza because for example
33:20 selling pizza there's an initial investment
33:23 just like having a restaurant in the equipment to make the pizza
33:27 as well as the licensing that you would need to to sell it.
33:31 Not that it's like super expensive, but sometimes,
33:34 you know, not everybody has, you know,
33:36 let's just call it under $25,000 stowed away to, you know,
33:41 start a pizza venture with.
33:43 And so, realistically, selling products like this, I think, or other, you know,
33:48 even equipment would be something where, you know,
33:51 you can showcase equipment and how it works in certain ways.
33:54 I wouldn't say like stones and steels are really hard to showcase, you know,
33:59 like at a venue like that, but that would
34:02 be something that easily someone could go and sell.
34:05 You know, they would just require the inventory.
34:08 So, yeah.
34:09 When you were spending time at these markets,
34:11 what other like farmers market items, products, services did you see around you
34:16 that seem to be extra popular, extra profitable?
34:20 So, I would say the majority of people that seem
34:24 to make the most money were someone who made baked goods.
34:29 They seem to sell out of their products pretty frequently.
34:32 And especially if they were good at making the baked goods,
34:35 they didn't have a lot left over.
34:37 you know, definitely, you know,
34:39 I know home making is a really big niche and so, you know,
34:42 people making breads and things like that at home
34:45 and being able to go and sell that at farmers markets,
34:47 those seem to do really well.
34:49 And then, you know, kind of like I would say interesting things as well.
34:53 Uh, you know, like we had there was a lady that sold pickles,
34:57 like she made her own pickles and everything like that.
35:00 There was a lady who, you know,
35:02 basically kind of had multiple different farmers markets
35:05 and she sold pasta and so basically fresh make pasta.
35:08 She made it out of her basement and everything like that.
35:11 And then, you know, had kind of like this army
35:14 of girls going around to different farmers markets selling pasta.
35:16 She did well.
35:17 So, I think she does pretty well at it considering she has I mean,
35:20 if you have an army of people that you're paying to go do it,
35:23 like you're not going to scale something that doesn't work.
35:25 Yeah.
35:25 That's very interesting.
35:26 What was the form factor?
35:28 I imagine it wasn't dried out.
35:30 Did she like make the pasta fresh and then bag it and refrigerate it?
35:34 Basically, it was refrigerated pasta and so
35:36 they'd show up coolers and basically, you know, interesting.
35:39 And she had a following at the market because
35:42 that's that's typically what happens is like you start
35:44 to build a following of people that buy
35:46 your product and then buy it over and over again.
35:50 And almost like weirdly only want to buy it
35:52 from the farmers market like where I had to convince several people.
35:56 They kept asking me,
35:57 "When are you going to be back at the market?" And I'm like,
35:59 you know, I I got to go to my website, but you can buy it online.
36:03 I literally will ship it to you tomorrow.
36:05 And they're like, yeah, oh, I don't trust the internet.
36:09 And I'm like, just come on, let's let's talk.
36:13 Michael, this is an incredible business.
36:15 Thank you for sharing your time with us.
36:16 I love your story.
36:17 Where can we find you if we want to learn more or buy your pizza kits?
36:21 Yeah.
36:21 So, if you go to prepap.com, you can buy our pizza kit and you'll see a boatload
36:27 of ads from me if you're on Facebook or Instagram or Google.
36:32 Okay.
36:32 Thank you, Michael.
36:34 No problem.
36:34 Thank you.
36:35 Listen, I need more people like this to interview on my podcast.
36:38 So, if you know of someone with a side hustle
36:41 or a business that's unique and cool and super profitable,
36:43 email Molly M o ly at co-founders.com.
36:47 That's one word, coofounders.com.
36:49 Mollyfounders.com.
36:50 Tell her your story and we'll give you
36:51 a hundred bucks if we end up interviewing them.