Get my 12 favorite biz ideas for 2024, with full launch plans included here: https://tkopod.co/youtubeD I sat down to discuss an incredible niche business, J&D Lake Services - a pond cleaning company started by college students Declan & Joe. They literally went to Home Depot, bought a garden rake, and began scraping the bottoms of ponds for wealthy homeowners, "raking" in an incredible 75% net margin. Before their entry, pond cleaning companies relied on dumping chemicals, which would harm fish and plants. J&D Lake Services took a different approach: manually removing weeds. It’s hard, sweaty work, but they’ve found a space with no competitors and made it a cash cow. Follow J&D Lake Services for more: https://www.instagram.com/jdlakeservices/ https://www.facebook.com/people/JD-Lake-Services/61561499626365/ https://www.tiktok.com/@jdseaweedremoval https://www.youtube.com/channel/UCONm4SiAEfy6dyvf-_c-Msg Timestamps below. Enjoy! --- Audio podcast on all podcast platforms: https://toolkit.tkopod.com/podcast Free weekly business ideas newsletter: https://tkopod.com Private community where we build cool businesses together: https://TKOwners.com Learn more about me: https://www.chrisjkoerner.com/ Business ideas shorts channel: ⁨@thekoernerofficeideas⁩ (https://studio.youtube.com/channel/UCzjpCGEXR7BU-_SJSl59CGQ) The Koerner Office highlights: ⁨@thekoernerofficesegments⁩ (https://studio.youtube.com/channel/UCYEzHNmI-1oIqimmOnul_fg) AI-enabled accounting software, because Quickbooks SUCKS: https://lazybooks.com/ --- 00:00 Highlights 00:50 Meet J and D Lake Services 01:21 The Origin Story 01:42 First Big Break: Dock Installations 03:38 Transition to Lake Cleaning 05:24 Pricing Strategies and Challenges 11:38 Expanding to Pond Services 18:04 Chemical vs. Physical Pond Maintenance 28:00 Understanding Pricing Challenges 28:31 Client Consultation and Custom Pricing 28:57 Estimating and Quoting Jobs 29:54 High Close Rates and Competitor Insights 30:37 Unique Business Stories and Experiences 38:20 Social Media Strategies for Business Growth 43:37 The Boat Story: A Game Changer 50:43 Final Thoughts and Contact Information --- For the algorithm: #NicheBusinessIdeas #HighProfitMargin #LakeServices #ManualWeedRemoval #BusinessSuccessStories #Entrepreneurship #SmallBusinessGrowth #CollegeEntrepreneurs #HomeServiceBusiness #SustainablePondCleaning #UniqueBusinessModel #WeedRemoval #LakeManagement #NoCompetition #HomeownerServices #HomeImprovement #StartUpSuccess #SweatEquity #ServiceIndustry #HardWorkPaysOff #ProfitableBusiness #PondMaintenance #LakeRestoration #EcoFriendlyBusiness #BusinessInspiration #InnovativeEntrepreneurship #StartupJourney #NatureServiceBusiness #RichHomeownerServices #BusinessDeepDive #DIYBusiness #EntrepreneurialIdeas #BusinessMindset #BusinessOpportunities #HighNetMargins #BusinessInnovation #SelfMadeSuccess #LocalBusiness #EnvironmentalBusiness #EcoConsciousBusiness #BusinessTalk #UniqueBusinessSuccess #SideHustleToBusiness #DIYSuccess #BusinessMotivation #TKOShow #BusinessPodcast