In this episode of The New 1% Podcast, Timmy Douglas unveils three innovative ways to launch your home services business by harnessing the power of community investment. Timmy presents practical approaches to ignite momentum and drive success collectively.
Reel: Timmy introduces the concept of community investment as a catalyst for your home services business. He outlines three distinct methods designed to kickstart your journey.
Segment 1 - Direct Mail Marketing: Timmy explains how to use direct mail effectively. Form a group of 10, pool $200 per month, and send 3,000 direct mail pieces. Anticipate a 1% response rate and close 20% of leads. This strategy can yield six clients, generating revenue, provided your service can absorb the cost. Start by offering the service for free to gather testimonials and reviews.
Segment 2 - Door-Knocking Blitz: Timmy encourages organizing a community door-knocking campaign on Saturdays and select weekdays. Offer your services for free to homeowners in your target area, yielding immediate results.
Segment 3 - Leveraging Your Network: Timmy highlights the power of reaching out to your contacts via phone and social media, offering your services for free. Use Hormozi's rule of 100 for 100 days with your community's support.
Podcast - Segment 4 - Building Momentum Through Community Investment: Timmy emphasizes how shared resources and pooled capital can provide leverage. He shares a personal story of collective sacrifice, underlining the strength of community action.
This episode empowers aspiring home services entrepreneurs to leverage community investment and propel their businesses forward, demonstrating how a united community effort can achieve remarkable results.
Join The New 1% soft launch team at workwithtimmydouglas.com
This is for the people looking to buy a business at some point, but not in the next 12 months.
The impact here is in spreading the word until you can commit to doing the work
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If you’re looking to buy a business in the next 12 months, DM me and join the hard core launch team, limited to 100 people! Here you’ll get the following for FREE
access to a list of Private money partners for buying businesses that I’m building
a due diligence checklist
a community of people committed to buying businesses
essential contacts in major cities for due diligence.