Making $23K/Month by Month 2 with a B2B Home Service | Holdco Bros Discuss! Ep. #140
Mar 7, 2025
auto_awesome
In this episode, Tyler shares his inspiring journey from a 9-to-5 job to making $23K a month with a stump grinding business. He discusses the importance of building strong B2B relationships, particularly with tree trimming companies, and his unique pricing strategies. The hosts delve into the challenges of testing in different markets and the humorous side of competitive pricing. Listeners can learn useful insights into marketing evolution, effective revenue-boosting tactics, and the significant role of customer reviews in business success.
37:27
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
Tyler successfully transitioned from a B2B sales job to stump grinding by leveraging sales expertise and strategic outreach techniques.
Achieving impressive revenue with minimal overhead underscores the potential for growth in small businesses through effective relationship-building and referrals.
Deep dives
Revenue Without a Website
Establishing a business can begin with minimal overhead, as demonstrated by achieving $30,000 in revenue before launching a website or obtaining a domain. This initial success highlights the potential for growth and scalability, with projections suggesting the ability to develop the business into a $300,000 to $400,000 company over time. The focus on direct outreach, such as utilizing specific texts and software recommendations, facilitated customer acquisition without significant marketing costs. This underscores the effectiveness of relationship-building within a niche market and leveraging existing skills from past work experiences.
The Transition from B2B Sales to Stump Grinding
A former B2B sales professional transitioned into the stump grinding business after recognizing parallels between the two fields, leveraging sales expertise to navigate this unfamiliar territory. Inspired by a podcast episode, he implemented suggestions verbatim, leading to successful outreach efforts in both Provo and Boise, which functioned as test markets. The development of strong working relationships with tree trimming companies allowed for steady subcontracting work with minimal marketing expenditures. This strategic decision-making demonstrates how prior professional experiences can be transferred to entrepreneurial ventures effectively.
Navigating Early Challenges and Learning Experiences
The early days of the stump grinding business brought forth various learning experiences, including multiple awkward encounters and operational missteps. Notable incidents involved accidentally damaging property during jobs, which resulted in incursions of additional costs, yet these formed valuable lessons in business conduct and client management. Engaging with contractors provided crucial insights, allowing the owner to refine operational strategies and marketing approaches. Such challenges not only fostered resilience but also contributed to building a reputation within the local contractor community.
Plans for Growth and Sustainability
With a solid customer base and continued revenue growth, plans for scaling the stump grinding business include establishing more contractor relationships and investing in targeted marketing efforts. The focus will remain on maintaining low overhead while building a robust referral system through quality service and significant online reviews. Future considerations suggest potential diversification of services or expansion into direct customer sales alongside subcontracting work for tree companies. This proactive approach positions the business to explore greater opportunities while sustaining a steady income stream.
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.
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
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode