Chris Koerner pitches two coffee business ideas: rent out empty evening coffee-shop space as co-working for a 20% cut, or collect used grounds from shops and sell them as premium compost.
All right, I got two business ideas for you both in the coffee industry. Number one, coffee shops only use their space for the morning and early afternoon. But in the late afternoon and evening they're completely unused slash wasted. You could start a business that helps coffee shops enable this space during those off hours as a co working space. Kind of like a 24 Hour Fitness where you can sell them cameras, software and a lock with a keypad where people can go in there and work in the evenings. There's cameras on them the whole time so they can't go crazy. And you can charge a monthly fee. The coffee shop can charge a monthly fee and you can take it 20% cut of that. Kind of like a wework for coffee shops but very low cost because you don't need to go buy and rent space. Number two, coffee shops will pay you to take their coffee grounds. So you get paid to take coffee grounds. Turn that into a compost and sell it as a premium organic compost.
