Nextdoor Neighborhood Expansion

Lincoln runs a home services business (window cleaning, pressure washing, gutter cleaning, Christmas light installation) that made $60,000 last year as a high school senior, with projections to reach $150,000 this year.

Business Model:

  • Started as a one-person operation, now has two 1099 subcontractor employees doing the field work
  • Lincoln handles booking, scheduling, and customer acquisition
  • Primary customer acquisition is through Nextdoor, a neighborhood social platform
  • Acquired approximately 90 customers last year from March to September just from his own neighborhood

Growth Strategy:

  • Expand beyond single neighborhood limitations by recruiting friends in adjacent neighborhoods
  • Pay friends $100 to post his business services on their Nextdoor accounts
  • Replicate the successful marketing approach that worked in his own neighborhood
  • Each new neighborhood could potentially generate another $60K in revenue

Marketing Approaches:

  • Nextdoor posts positioning himself as "a local high school student" offering services
  • Successfully ran Nextdoor ads for Christmas light installation
  • Could print 1,000 letters to distribute in neighborhoods (Sam's suggestion)
  • Consider using attention-grabbing techniques like the "Gary Halpert dollar letter" approach

Scaling Potential:

  • Business could potentially 3-4x in one year by expanding to multiple neighborhoods
  • Sam noted that at roughly $300K in business owner earnings, the business could be valued at $1 million
  • "Pond business" concept - what works in one neighborhood will likely work in thousands of similar neighborhoods
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

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