Making $23K/Month by Month 2 with a B2B Home Service | Holdco Bros Discuss! Ep. #140 · The Koerner Office - Business Ideas and Deep Dives with Chris Koerner summary

Key takeaways

Tyler achieved $30K in revenue before launching a website, showing the power of direct outreach and B2B relationships.
Testing markets like Boise provided Tyler with crucial insights that he applied when launching in Provo.
Building strong relationships with tree trimming companies was key to Tyler's revenue, emphasizing the value of networking.
Zero marketing spend was effective initially, but investing in SEO and experimenting with cold outreach paved the way for future growth.
Tyler’s experiences serve as a testament to the importance of adaptability and learning from mistakes in entrepreneurship.

Summary

Tyler's Journey: From Employee to Entrepreneur

In this episode, Tyler shares his inspiring journey from a steady B2B sales job to launching a successful stump grinding business. Graduating from college with entrepreneurial aspirations, he initially explored various business models but found a niche in stump grinding through the podcast. Tyler had no website initially, yet achieved $30K in revenue before needing one. By the end of summer, he quit his job with impressive monthly earnings.

Testing Markets: Insights from Boise & Provo

To validate his business idea, Tyler tested the stump grinding concept in Boise before officially launching in Provo. He described how quickly he was able to generate interest through outreach and cold texting, which led to immediate demand. The comparison between the two markets revealed that Provo was more competitive, but Tyler's strategies and relationships with tree trimming companies began to flourish in both areas.

Revenue Growth and Business Relationships

Tyler highlights the importance of relationships in driving revenue growth. By working with tree trimming companies and establishing strong communication, he has been able to secure consistent jobs. His revenues peaked at $23K in one month, and he shares how building a network can yield both immediate and long-term customers.

Marketing and Scaling Strategies

Discussing marketing strategies, Tyler shares that he started with zero marketing spend, relying on organic reviews and referrals from contractors. He experimented with cold emails and has invested in SEO services to enhance his online presence. As he looks to the future, he considers ways to scale the business by leveraging relationships and building a team.

Lessons Learned and Future Prospects

Through his journey, Tyler faced various challenges and mistakes, including awkward conversations and organizational mishaps. He emphasizes the importance of learning from each experience and being adaptable. His future plans involve exploring opportunities for expanding beyond stump grinding into broader entrepreneurial ventures.

Show notes

OG Episode that inspired Tyler: B2B Stump Grinding. Cash Cow or Dud?

HoldCo Bros are back! In this episode, we feature Tyler (https://x.com/StumpGuyTy), a listener who acted on our B2B stump grinding idea after hearing it on a previous episode, which led him to quit his 9-to-5 job. Tyler shares how he followed our advice word-for-word, testing the concept in Boise before launching in Provo. By implementing our strategies, he achieved impressive results, with $23,000 in September alone. He provides key insights into building relationships with tree trimming companies, his pricing strategy, and cold outreach techniques and more.

Learn more about Nik here: http://linktr.ee/cofoundersnik

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00:00 Highlights

00:37 Tyler's Journey: From B2B Sales to Stump Grinding

01:13 The Initial Spark: Discovering Stump Grinding

01:41 Building the Business: Early Challenges and Successes

02:27 The B2B Sales Connection

04:41 Testing the Market: Boise vs. Provo

06:03 First Jobs and Early Experiences

12:05 Overcoming Hurdles: Mistakes and Lessons Learned

15:11 Revenue Growth and Scaling the Business

17:45 Financing the Stump Grinder

18:40 Monthly Earnings Breakdown

20:05 Building Business Relationships

21:46 Pricing and Payment Structure

23:22 Marketing Strategies

29:03 Future Business Prospects

32:18 Conclusion and Final Thoughts

Making $23K/Month by Month 2 with a B2B Home Service | Holdco Bros Discuss! Ep. #140