
← The Untrapped Podcast With Keith Kalfas14 sep · 1 u 06 min
The Pond Business Model That's Crushing It Right Now
In this episode, Keith sits down with Jeff Michaels, founder of Pondering Waters, to unpack the lessons Jeff has learned over 28 years in the pond and water-feature industry.
Jeff shares how a backyard hobby turned into a full-time business after he was laid off from the automotive industry. He explains why ponds can become high-ticket projects with valuable recurring revenue, how collaboration helped him take on larger builds across the country, and why some of his toughest jobs became his best learning experiences.
Keith and Jeff also discuss pricing jobs correctly, listening for a customer's real pain points, setting expectations before work begins, using Jobber to organize operations, and hiring people who can handle the parts of the business that fall outside their strengths.
"Sometimes problems are blessings because if you don't run into these problems, you'll never know how to fix them." – Jeff Michaels
What You'll Learn in This Episode:
How Jeff turned a backyard hobby into a 28-year pond business Why getting laid off gave Jeff the push he needed to work for himself How pond installations can add a high-ticket service to a landscaping business Why maintenance, cleanouts, and winterization create recurring revenue How collaboration helps contractors take on larger and more complex projects Why mistakes and difficult jobs can become valuable learning experiences How Jobber simplified Jeff's quoting, scheduling, routing, and customer management Why listening to a customer's pain points is more effective than constantly selling How setting expectations and boundaries prevents problems during a project Why hiring specialists allows business owners to focus on what they do best Key Takeaways: Problems can become some of your most valuable business lessons.
Unexpected challenges are frustrating, but they also teach you how to handle situations that no course or manual can fully prepare you for. Every difficult project gives you experience that can help you approach the next one with greater confidence.
Recurring service can be more valuable than the original project.
Jeff once spent a month completing a large pond project and only broke even. However, that customer continued hiring him for annual cleanouts, startups, and winterization services, showing how a long-term relationship can eventually become more valuable than the initial installation. Listen for the customer's pain before trying to make the sale.
Contractors often focus so much