Chris KoernerSerial Entrepreneur and Content Creator

Why Stump Grinding Could Be 2024’s Biggest Home Service Business Opportunity

20 Jul 2024 · 1 min

Watch on YouTube

0:59

A short first-person YouTube monologue by Chris Koerner describing his Dallas-based tree trimming business and proposing a strategic pivot: become a specialized stump grinding subcontractor serving hundreds of local tree-trimming and landscaping companies via referral partnerships. He frames stump grinding as an overlooked, repetitive, and unpleasant service that could support a large referral-driven franchise-style business.

Questions this video answers

957

One truck; zero equipment; zero warehouses; zero employees (only the speaker and an operating partner).

Mid six figures in revenue.

20–25% net profits per year.

Chapters

There are 957 tree trimming companies in Dallas, Texas and I own one of them. We own one truck, zero equipment, zero warehouses, zero employees. Just me and my operating partner. And then we sub out all the work. It's a good business. Mid six figures in revenue, 20 25% net profits per year. We are great at finding and partnering with subcontractors. But I'm really tempted to do a 180 and become a subcontractor and only do stump grinding. Here's why. Stump grinding is a pain. It's a loss leader. No one likes it. Tree trimming businesses don't like to own a stump grinder because they don't use them every day. Then they have to go rent one and it's a waste of time and money. So what we want to do is we want to build a referral partnership with hundreds of tree trimming and landscape companies in Dallas. And we want to do only stump grinding, much like the patch boys only do drywall patch repair. And it's a billion dollar franchise network to build an army of these referral partners and build a big business. What do you think? Should I try it or is this a dumb idea? Follow me to see how it goes.