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Street Hawk
Member since Nov 2014
3248 posts

This 17-yr old earns $4.2K per month running a local neighborhood Geek Squad business

quote:

My 17-year-old neighbour is making $4,200/mth from his side hustle.

And it takes him 3 hours a week.

• the hustler is Cooper, a tech-savvy teenager

• the business is a "neighbourhood Geek Squad"


1/ How it works

On-call tech support for everything around your home, like setting up a new modem or figuring out why your Sonos stopped working.


2/ Who it's for

Targeting an older demo of 65+.

They have money to spend and gadgets to fix.


3/ The revenue model

It's $99/mth all-in and he currently has 42 clients. There are some parameters around what is and isn’t included. But I don’t know the details.


4/ How he runs it

It's just him and occasionally a buddy helping him out. Customers can call, text, or email and he mostly works evenings, 6p-9p.

Typically makes 4 house calls a week.


5/ What do I think

This hustle’s so hot I gotta crank up my A/C.

First off, he had me at recurring revenue.

My heart skipped a beat.

Second it’s flexible. Set your own hours, choose a max number of clients, and create the ground rules for servicing.

Third, it works for a teenager with a few hours a week or a professional working a full time job.

Plus, there are a TON of ways to grow and improve this simple business.

LINK

Sounds like a smart kid. He should go pitch his company on Shark Tank:

- Mark Cuban would probably value the company at 10x revenue and offer $300K for 50% of the company, but the kid has to take the offer in the next 7 seconds.
- Mr. Wonderful most likely offer would be $100K of debt for 15% of the company and he would take $99 per month from each of this kid's 10 oldest customers and then the royalty would go away after he has been paid back his $100K.
- Lori is out as she can't sell Geek Squad services on QVC.
- Barbara is well....just out.


DiamondDog
LSU Fan
Louisiana
Member since Nov 2019
8818 posts

quote:

he would take $99 per month


Normal people aren't paying that. Glad he found a bunch or rich old people to scam.

Best Buy offers same thing for $200 a year.


The Boat
Duke Fan
Tim McGraw Country
Member since Oct 2008
153004 posts
 Online 

quote:

It's $99/mth



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Texas Ram
Colorado State Fan
Member since Sep 2020
908 posts



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TigersSEC2010
Warren, Michigan
Member since Jan 2010
36600 posts

Someone brought a similar idea to SharkTank and they ran him off.


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200
cable
Member since Oct 2018
8601 posts

Or you can have what some people call - a son - I do this crap for my parents for nothing and have for 20 years.


Roberteaux
LSU Fan
mandeville
Member since Sep 2009
5375 posts

quote:

he would take $99 per month


That’s a no for me, dawg


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340
tterrific
Member since Sep 2022
649 posts

Let me know when he upgrades his old person scamming to include phone calls and gift cards.


sqerty
LSU Fan
AP
Member since May 2022
1067 posts

I don't get the per month model. Why would anyone need this every month. He's screwing stuff up so he has to keep going back. Old people don't have that many "gadgets"

quote:

Targeting an older demo of 65+.
Sounds about right
This post was edited on 9/27 at 11:28 pm


efrad
USA Fan
Member since Nov 2007
17977 posts

quote:

I don't get the per month model. Why would anyone need this every month. He's screwing stuff up so he has to keep going back. Old people don't have that many "gadgets"



As someone who did this kind of hustle when I was younger, old people never stop having questions and they usually don't understand how to just google it. It's not "broken" stuff that he's going back for, it's constantly having different new inquiries about general usage. The "per month" model works because he gets recurring income and the customers don't have to worry about being nickel-and-dimed individually for all the general things they need.

Good for him but I just don't have the patience to go to Carol or Barbara's house so she can pull out her notepad with a list of questions about photo management


ETA: My father has a lot of retirement aged business contacts who still ask about me. Apparently they all say they're willing to pay whatever it takes for a decent honest person for general computer support type of stuff. So I believe the kid can do really well, but I don't think the model would scale up well, once it's the general public and karens and not gramps being patient with a kid he will have more stress than he could ever imagine. But for a kids hustle it beats mowing lawns.
This post was edited on 9/27 at 11:44 pm


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SEClint
New Orleans Saints Fan
New Orleans, LA/Portland, OR
Member since Nov 2006
45698 posts

Id want to hide that from the IRS at 17


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240
drizztiger
Army Fan
Deal With it!
Member since Mar 2007
29481 posts

I can’t express enough how unrealistic and unsustainable this business model is.


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Gorilla Ball
LSU Fan
Member since Feb 2006
10196 posts

I appreciate his entrepreneurship and thinking outside of the box, but there’s no way people can have that much crap go wrong for $99/month.
He needs to just charge them a service fee. Not a monthly subscription


Breauxsif
LSU Fan
Member since May 2012
19631 posts

quote:

Targeting an older demo of 65+.


quote:

he currently has 42 clients.



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550
danilo
Member since Nov 2008
16234 posts

Financial crimes against the elderly
This kid should try some Nigerian scams to these same old bags
This post was edited on 9/27 at 11:55 pm


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65
Abstract Queso Dip
Member since Mar 2021
5878 posts

Committing elder fraud at 17 is a bold move.


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Eightballjacket
LSU Fan
Member since Jan 2016
6691 posts

The jackpot will be when the old people die and it turns out that he was written in their wills.


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181
TigersSEC2010
Warren, Michigan
Member since Jan 2010
36600 posts

quote:

Good for him but I just don't have the patience to go to Carol or Barbara's house so she can pull out her notepad with a list of questions about photo management



This would be my issue. You know he gets calls daily asking what happened to the Google and where to find the text message icon on their phone. I’d go insane dealing with the idiocy.


Solo Cam
USA Fan
Member since Sep 2015
29119 posts
 Online 

He found a way to scam old people out of $1200/year

I don't hate him for it but targeting people above 65 and charging and unnaturally large rate because you know they don't know a fair price is pretty shitty.

But it's not his job to teach them economics, so good for him I guess


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Nado Jenkins83
LSU Fan
Land of the Free
Member since Nov 2012
57116 posts
 Online 

100 bucks a month? Pass.


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