130 - How Our Podcast Helped Him Make $23K/Month and Quit His 9-to-5 with Chris Koerner

Nikonomics - The Economics of Small Business

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In this episode, we feature Tyler, 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.

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This week we covered:

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
12:38 Overcoming Hurdles: Mistakes and Lessons Learned
15:44 Revenue Growth and Scaling the Business
18:18 Financing the Stump Grinder
18:13 Monthly Earnings Breakdown
20:38 Building Business Relationships
22:19 Pricing and Payment Structure
23:55 Marketing Strategies
30:10 Future Business Prospects
33:25 Conclusion and Final Thoughts