AI transcript
0:00:06 What’s up, what’s up, Nick Loper here.
0:00:07 Welcome to the Science Hustle Show
0:00:10 because your nine to five may make you a living,
0:00:12 but your five to nine makes you alive.
0:00:14 Another thing that certainly makes you alive
0:00:16 is travel and adventure and exploring
0:00:17 and experiencing new places.
0:00:21 And today I wanna share how you can actually turn
0:00:25 your interest in travel into an extra income stream.
0:00:27 Today’s guest has done just that
0:00:29 on top of some other online businesses
0:00:33 from unlistedtravel.com and maketravelyourjob.com.
0:00:36 After a nine year gap, Bailey Richard,
0:00:38 welcome back to the Science Hustle Show.
0:00:40 Thanks so much for having me back, Nick.
0:00:41 It’s a pleasure to be here again.
0:00:43 I can’t believe it’s been that long.
0:00:43 I know.
0:00:45 Of course, link up Bailey’s original episode.
0:00:47 We’re talking about building an online course business
0:00:49 at that point, but stick around in this one
0:00:52 to learn how travel advisors make money,
0:00:55 how to set yourself up for success in this field,
0:00:56 maybe some scams to avoid,
0:00:59 and creative ways to market your services,
0:01:01 to go out there and get some business.
0:01:03 And I wanna start with the,
0:01:04 you know, what is possible?
0:01:06 What one trip can make you?
0:01:06 Because you mentioned,
0:01:11 I recently planned a trip for two people going to London
0:01:14 and between advisor fees and commissions,
0:01:14 we’ll get into all this.
0:01:19 It was over $600 to you for something that I take,
0:01:20 you enjoy doing anyways.
0:01:21 Absolutely.
0:01:24 This is a particular trip I planned for two individuals,
0:01:26 man and wife, traveling six days,
0:01:29 five nights to London on a romantic getaway.
0:01:32 So to start off, we have the planning fee.
0:01:34 So the planning fee is an upfront fee
0:01:37 that travel advisors will charge their clients
0:01:40 to cover the cost of planning their epic itinerary.
0:01:43 Some travel advisors choose not to charge a planning fee
0:01:44 under some circumstances.
0:01:47 Maybe you’re serving your friends or your family,
0:01:49 but it’s definitely becoming more common
0:01:51 to charge your clients a planning fee.
0:01:53 Now, this isn’t something outrageous.
0:01:55 It could be $50 a day.
0:01:57 It could be $20 a day of travel,
0:02:00 but it could also be a fixed fee,
0:02:03 you know, maybe $100 a week of travel
0:02:05 for up to two people, three people.
0:02:08 You are the one that gets to determine your planning fee,
0:02:10 but that’s approximately what we’re looking at.
0:02:13 So for this particular trip, it was $100.
0:02:16 Now, this was a little bit earlier on
0:02:17 in my travel advising journey.
0:02:19 So today I probably would have charged
0:02:23 maybe even $200 for this particular trip,
0:02:25 but we’re going off the numbers that we used here.
0:02:28 So we’ve got a $100 planning fee upfront.
0:02:31 This is a non-refundable upfront planning fee
0:02:34 from the client to you.
0:02:34 Got it.
0:02:37 So then after the client pays the planning fee,
0:02:39 you are going to get started
0:02:41 planning their epic itinerary.
0:02:43 There’s going to be some back and forth
0:02:45 between you and the client to make it perfect.
0:02:46 But after they’ve approved it,
0:02:50 you’re going to book all of the elements of their trip.
0:02:52 So you’re going to book their hotel,
0:02:53 their tours,
0:02:55 their rental car,
0:02:56 their airport transfers,
0:02:58 all of the things that make somebody’s trip
0:03:00 actually happen.
0:03:02 And how you get paid through that
0:03:03 is by commissions.
0:03:05 The travel vendor or supplier,
0:03:06 like the hotel,
0:03:07 for example,
0:03:09 is going to pay you a commission.
0:03:11 So for example,
0:03:13 in this case study we’re talking about,
0:03:17 I booked the Fleming’s Mayfair Hotel in central London,
0:03:22 and the commission on this particular booking was 15%.
0:03:24 Now this is a little bit higher than average
0:03:27 because this particular hotel is a preferred partner
0:03:29 with my host agency.
0:03:30 Don’t worry,
0:03:32 we’re going to get into all of that,
0:03:36 but you can expect anywhere between 8% to 12%
0:03:39 typically on a regular hotel commission.
0:03:41 But if you are going to book with some of these
0:03:43 preferred hotels where your host agency
0:03:46 might have a special connection or relationship,
0:03:49 you can get commissions that are even higher.
0:03:49 Got it.
0:03:50 In fact,
0:03:53 I have seen a few hotels within my host agency
0:03:55 have up to 20% commission,
0:03:57 which is pretty crazy.
0:03:57 Yeah.
0:03:58 Because on a trip,
0:04:01 the hotel is usually what you spend the most on,
0:04:03 it’s important to make sure you’re looking
0:04:04 at that commission number.
0:04:06 So in this particular case,
0:04:08 the commission value
0:04:11 or the total amount that the client paid for the hotel
0:04:13 for which you can earn commission
0:04:16 was $2,442.
0:04:21 So 15% of that is $366.
0:04:22 Now,
0:04:26 your host agency is going to take a small portion of that.
0:04:29 How much you earn is dependent upon your relationship
0:04:31 with your host agency.
0:04:33 It might be a 70-30 split,
0:04:34 80-20,
0:04:35 or 90-10.
0:04:37 If you’re starting out as a travel advisor,
0:04:39 70-30 is pretty common,
0:04:42 and that’s what I was earning at this point.
0:04:45 Meaning they would give you 70% of the 360.
0:04:46 Exactly.
0:04:47 So you would be earning,
0:04:48 as I did in this case,
0:04:52 70% of the 15%.
0:04:53 So in this case,
0:04:55 that was $256.
0:04:55 Okay.
0:04:58 We already have a $100 planning fee
0:05:00 and $256.
0:05:05 So that’s $356 already on this trip.
0:05:06 And so far,
0:05:08 the only thing I’ve booked for them
0:05:09 is the hotel.
0:05:09 Right.
0:05:11 Now for this particular trip,
0:05:14 I offered them a private airport transfer.
0:05:16 That wasn’t something they were interested in.
0:05:17 They’re pretty frequent travelers.
0:05:19 They wanted to use the tube,
0:05:20 the Gatwick Express,
0:05:22 or the Heathrow Express,
0:05:22 whichever one it was,
0:05:24 and things like that.
0:05:25 they didn’t need a rental car.
0:05:26 But I’m mentioning these things
0:05:28 because you can get commissions
0:05:29 on these as well.
0:05:31 Your job as the travel advisor
0:05:32 is to be thinking about
0:05:34 all of the different elements
0:05:35 that someone is going to need
0:05:36 on their trip
0:05:37 to make it actually happen
0:05:39 and also to make it enjoyable.
0:05:40 It doesn’t mean that the client
0:05:41 is going to take everything
0:05:42 that you propose.
0:05:43 That’s why you’ll go back and forth
0:05:45 with them on the itinerary
0:05:46 to see what they want,
0:05:47 what their budget is.
0:05:48 But at the end of the day,
0:05:50 you can be earning commissions
0:05:51 on all these different things.
0:05:54 Okay, so I could set up shop today
0:05:56 and call myself a travel advisor
0:05:58 and help book these itineraries
0:06:00 and do the travel planning part
0:06:01 for this upfront free.
0:06:03 But if I want to get commissions,
0:06:04 then I have to go through
0:06:05 some registration.
0:06:06 I got to find this host agency.
0:06:09 And this is in lieu of becoming
0:06:11 a certified travel agent,
0:06:13 you know, going through hoops
0:06:14 and requirements like to do that.
0:06:15 Myself, this is kind of like
0:06:18 an easier barrier to get into
0:06:19 earning those types of commissions?
0:06:20 Basically, yes.
0:06:21 So essentially,
0:06:23 in order to book on behalf
0:06:25 of a client and get paid
0:06:25 your commissions,
0:06:26 you’re going to need something
0:06:28 called an accreditation number.
0:06:30 The most famous or most common
0:06:31 is something called IATA,
0:06:33 I-A-T-A.
0:06:34 I think it stands for
0:06:36 International Air Transport Association.
0:06:38 But the reality is
0:06:39 this particular number
0:06:40 is something that you are going
0:06:42 to use at time of booking
0:06:44 to let the vendor,
0:06:45 like the hotel,
0:06:47 know that you’re a travel advisor
0:06:48 or travel agent,
0:06:49 we use those terms interchangeably,
0:06:50 and you’re booking
0:06:51 on behalf of a client.
0:06:54 And this particular accreditation number
0:06:56 is linked to the organization
0:06:58 that’s going to get the commission.
0:07:00 So you have two routes here.
0:07:01 You can either choose
0:07:03 to become an independent agent
0:07:05 and go through the entire process
0:07:08 yourself of becoming accredited,
0:07:10 which is going to take many months
0:07:12 and quite a significant amount of money.
0:07:14 And it’s a very long process.
0:07:16 Or you can do something else,
0:07:17 which is what I recommend
0:07:18 to all of my students and friends,
0:07:20 which is that you should join
0:07:21 a host agency.
0:07:23 So a host agency is a company,
0:07:24 a travel agency,
0:07:26 that’s already gone through
0:07:27 the time and effort
0:07:28 and paid the fees
0:07:29 to become accredited.
0:07:31 They have one accreditation number,
0:07:33 and they share that accreditation number
0:07:35 with all of the travel advisors
0:07:37 that come to work for them
0:07:39 as 1099 and contractors.
0:07:41 Essentially, you’ll be able to use
0:07:42 their accreditation number
0:07:43 when booking.
0:07:44 When they go out
0:07:45 and form the relationships
0:07:47 with all of the hotels
0:07:48 and tour providers
0:07:49 and car rental services
0:07:50 and all of the stuff.
0:07:51 So you don’t have to do that.
0:07:52 And in exchange,
0:07:54 they take that 30% fee
0:07:55 of the commissions.
0:07:55 Absolutely.
0:07:57 So the host agencies
0:07:59 do so much work
0:08:00 for the travel advisors up front.
0:08:01 As you mentioned,
0:08:02 forming those relationships
0:08:04 is a huge part of it.
0:08:05 But there’s also things like
0:08:06 bringing the travel advisors
0:08:08 together in a community,
0:08:09 hosting trainings
0:08:11 about how to run your business,
0:08:12 how to do bookings,
0:08:14 but also about suppliers
0:08:14 or destinations.
0:08:16 They offer support
0:08:18 and they also chase down
0:08:18 your commissions.
0:08:20 So it’s a really great system
0:08:21 because you are not going
0:08:22 to be out there
0:08:22 sending invoices
0:08:23 and trying to chase down
0:08:24 commissions from all
0:08:26 of these different suppliers.
0:08:27 The host agency
0:08:28 is going to do that for you.
0:08:29 And then when it comes,
0:08:30 you know, time for taxes,
0:08:31 it’s super easy
0:08:33 because you’re just getting paid
0:08:34 from one place.
0:08:34 Got it.
0:08:35 Got it.
0:08:35 Okay.
0:08:36 Any host agencies
0:08:37 that you like
0:08:38 or where should people
0:08:39 begin their search here?
0:08:41 Hostagencyreviews.com
0:08:43 is a fantastic website.
0:08:43 I know.
0:08:44 It’s such a great name.
0:08:46 It’s such a great website
0:08:47 to learn more
0:08:48 about the different
0:08:49 host agencies available.
0:08:51 The host agency
0:08:52 I belong to
0:08:53 is called Fora.
0:08:54 And I think
0:08:56 they’re a great host agency,
0:08:57 especially for beginners,
0:08:58 but that doesn’t mean
0:08:59 that’s the only option.
0:09:01 There are many things
0:09:02 you need to consider
0:09:03 when choosing
0:09:04 your host agency.
0:09:05 For example,
0:09:06 what is that
0:09:07 initial commission split?
0:09:08 Are you comfortable
0:09:10 with a 70-30 to start
0:09:11 or do you need
0:09:12 something higher?
0:09:13 What type of support
0:09:15 does the host agency
0:09:16 offer
0:09:17 in terms of
0:09:18 a community trainings,
0:09:19 but also tech?
0:09:20 Of course,
0:09:21 you’re running a business here,
0:09:22 so there’s going to be
0:09:23 some tech involved.
0:09:24 Your host agency
0:09:25 may provide
0:09:26 some tools for you.
0:09:28 They also may not.
0:09:28 You might have to get
0:09:29 those separately.
0:09:30 So there are many
0:09:31 different questions
0:09:31 you’ll need to ask
0:09:32 before you choose
0:09:33 the right one
0:09:33 for you.
0:09:34 And I’m on
0:09:36 ForaTravel.com.
0:09:36 It looks like
0:09:38 it’s $300 a year
0:09:40 to request to join
0:09:41 to apply
0:09:44 under their host agency
0:09:45 as a travel advisor.
0:09:47 Is that fairly typical
0:09:48 where they’re
0:09:49 charging an upfront fee
0:09:50 to be part of their network?
0:09:51 Yes,
0:09:52 that’s a membership fee.
0:09:53 So to apply
0:09:54 is free.
0:09:55 When you are
0:09:56 accepted
0:09:57 or invited
0:09:57 to come
0:09:58 and join them
0:09:59 as a travel advisor,
0:10:00 then there is
0:10:01 that $300
0:10:02 is annual,
0:10:03 but you could also
0:10:03 pay monthly.
0:10:04 So there’s a monthly
0:10:05 or annual membership fee.
0:10:07 And that’s not just
0:10:07 with Fora.
0:10:08 That’s pretty much
0:10:09 with most
0:10:10 or any host agency.
0:10:10 There’s going to be
0:10:11 that upfront fee
0:10:12 to take care
0:10:12 of the services
0:10:13 they provide for you
0:10:15 in addition to
0:10:15 the commissions
0:10:17 as we previously discussed.
0:10:18 There’s somewhat common
0:10:19 in the East Side Hustle
0:10:20 they should Facebook group.
0:10:22 It’s almost a network
0:10:23 marketing pitch
0:10:24 or a multi-level
0:10:24 marketing pitch.
0:10:24 Like,
0:10:26 I book people’s travel
0:10:27 from home
0:10:28 and make
0:10:28 this amount
0:10:29 of commissions.
0:10:29 Like,
0:10:30 is there a network
0:10:31 marketing component
0:10:32 to this
0:10:32 or is this
0:10:34 something completely separate?
0:10:36 With some host agencies,
0:10:37 there is.
0:10:38 In fact,
0:10:39 I recommend
0:10:39 that people
0:10:40 stay away
0:10:41 from those host agencies.
0:10:43 Fora does not have
0:10:44 a network marketing
0:10:45 angle to it.
0:10:46 They do have
0:10:46 a sort of
0:10:47 affiliate program
0:10:48 where you can get
0:10:49 a little bit
0:10:49 off of your
0:10:50 membership fee
0:10:51 every year
0:10:51 if you recommend
0:10:52 a friend,
0:10:53 but there is
0:10:54 no requirement
0:10:55 to bring in
0:10:57 other individuals.
0:10:58 There are
0:10:58 some other
0:10:59 host agencies
0:11:00 that I shall
0:11:00 not mention
0:11:02 that do have
0:11:02 these sort of
0:11:03 requirements
0:11:04 or a very hefty
0:11:06 MLM-type arm.
0:11:07 And you make
0:11:07 a percentage
0:11:08 of, you know,
0:11:09 your referrals,
0:11:10 bookings,
0:11:10 and a percentage,
0:11:10 you know,
0:11:11 just on down.
0:11:12 That’s one more
0:11:13 thing you need
0:11:13 to think about
0:11:14 when joining
0:11:15 the host agency.
0:11:16 Is the focus
0:11:17 really on supporting
0:11:18 the travel advisors
0:11:19 in their quest
0:11:20 to serve their clients?
0:11:21 I believe
0:11:22 at Fora they are.
0:11:23 Or is it
0:11:24 more focused
0:11:25 on just bringing
0:11:26 more people in?
0:11:27 So, yeah,
0:11:28 there are definitely
0:11:28 some host agencies
0:11:29 out there like that,
0:11:30 but they’re not
0:11:31 all like that.
0:11:32 Definitely not.
0:11:32 Okay.
0:11:33 So this is helpful
0:11:34 to know host agency,
0:11:35 love of travel,
0:11:37 and now let’s talk
0:11:38 about the client
0:11:39 getting side.
0:11:40 I imagine everybody
0:11:40 has somebody
0:11:41 in their network
0:11:42 who’s like the
0:11:43 travel person,
0:11:44 the go-to person
0:11:45 who, you know,
0:11:45 knows about,
0:11:46 you know,
0:11:47 trips and hacks
0:11:47 and travel planning.
0:11:48 Like my sister-in-law
0:11:49 is like the go-to
0:11:50 Disney person
0:11:51 in our house,
0:11:52 and there’s got
0:11:53 to be other people
0:11:54 like that in your
0:11:54 own network,
0:11:55 or maybe that’s
0:11:55 you to your own
0:11:56 network.
0:11:56 It’s like,
0:11:56 well,
0:11:57 start out with
0:11:58 friends and family.
0:11:59 I imagine this kind
0:12:00 of starts with
0:12:01 organizing perhaps
0:12:02 family trips
0:12:03 and earning a
0:12:04 little bit of
0:12:05 referral commissions
0:12:06 on that or
0:12:07 planning fees on
0:12:07 that.
0:12:08 What happens after
0:12:09 that, like to get
0:12:10 the client base
0:12:11 spinning here?
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0:14:38 You’re absolutely
0:14:38 right.
0:14:39 Pretty much everybody
0:14:40 starts off either
0:14:41 booking a trip for
0:14:42 themselves or for
0:14:42 their family and
0:14:43 friends and I think
0:14:44 that’s a great
0:14:45 stepping stone because
0:14:46 that’s how you really
0:14:46 learn.
0:14:47 Even if you’re
0:14:48 someone like me who
0:14:49 has decades of
0:14:50 actual travel experience,
0:14:51 doing it for other
0:14:52 people and serving
0:14:54 clients in that way is
0:14:54 a little bit of a
0:14:55 different ballgame.
0:14:56 But once you have
0:14:58 done that, there are
0:14:58 many different ways.
0:14:59 So the first way I
0:15:00 always recommend to
0:15:01 people is by creating
0:15:03 some sort of referral
0:15:03 incentive.
0:15:05 So as I mentioned
0:15:06 earlier, there are
0:15:08 these planning fees and
0:15:09 you can waive those
0:15:10 planning fees under
0:15:11 certain circumstances
0:15:12 for any client.
0:15:13 So for example, you
0:15:14 could say to someone
0:15:16 who was a successful
0:15:17 client that might be
0:15:18 interested in booking
0:15:19 with you again, hey,
0:15:21 you know, if you refer
0:15:22 another person to me who
0:15:23 ends up successfully
0:15:25 booking a trip, I’ll
0:15:26 waive your planning fee
0:15:28 for your next trip.
0:15:30 Yes, for that
0:15:31 particular client who’s
0:15:32 going to book with you
0:15:33 a second time, you are
0:15:34 losing a little bit of
0:15:36 that planning fee, but
0:15:37 in the long run, you’re
0:15:38 going to gain another
0:15:39 client, which could
0:15:40 result in many trips
0:15:41 down the road, you
0:15:42 know, if they end up
0:15:43 really liking working
0:15:43 with you.
0:15:44 So that’s the first
0:15:44 thing.
0:15:45 Got it.
0:15:46 Yeah, it seems like you
0:15:47 almost have to target a
0:15:49 higher end clientele or
0:15:51 a more complex trip than
0:15:52 somebody going to Vegas
0:15:54 for the weekend, where
0:15:56 it’s just, I just go, you
0:15:56 know, book to the hotel
0:15:58 directly or go on
0:15:58 Expedia or whatever.
0:16:00 The DIY part of travel
0:16:01 over the last 20 years
0:16:03 has become easier in one
0:16:03 sense and like
0:16:04 overwhelming with choice
0:16:06 on the other sense, but
0:16:07 there’s the, there’s a
0:16:08 sweet spot for, you
0:16:09 know, helping somebody
0:16:10 with a complex itinerary
0:16:11 or it’s got to be almost
0:16:12 a higher end travel
0:16:13 experience.
0:16:14 That’s a really great
0:16:14 point.
0:16:15 I think that there’s a
0:16:16 couple of ways to look
0:16:16 at that.
0:16:17 So I do think that there
0:16:18 are lots of travel
0:16:19 advisors who choose to
0:16:20 focus on luxury travel
0:16:22 because ultimately if a
0:16:23 client spends more on a
0:16:24 trip, you’re going to
0:16:25 make more commission, but
0:16:26 that’s not everyone.
0:16:27 There are plenty of
0:16:28 people who are just
0:16:29 serving their, you
0:16:30 know, friends and
0:16:31 family that don’t
0:16:33 necessarily have $25,000
0:16:35 per trip budgets, but
0:16:36 the reason they might
0:16:37 enjoy working with a
0:16:39 travel advisor is
0:16:40 because they don’t
0:16:40 know anything about
0:16:41 travel.
0:16:43 They are unfamiliar with
0:16:44 all of the DIY options.
0:16:45 Like you said, they’re a
0:16:46 little overwhelmed.
0:16:47 They want someone who’s
0:16:47 an expert.
0:16:49 As you said, there might
0:16:50 be just a go-to travel
0:16:51 person.
0:16:52 I’m that person in my
0:16:53 family and friends group.
0:16:54 People are constantly
0:16:55 messaging me.
0:16:56 Hey, you know, do you
0:16:57 have any recommendations
0:16:57 about this?
0:16:58 I know you went to
0:16:59 that country a couple
0:16:59 years ago.
0:17:00 What do you think?
0:17:00 Yeah.
0:17:02 And so there is this
0:17:04 desire amongst people to
0:17:06 hire people they trust for
0:17:07 something like this.
0:17:08 And so I just want to
0:17:09 reassure people that it
0:17:10 doesn’t mean that if you
0:17:12 don’t know a very wealthy
0:17:13 CEO to be your client that
0:17:14 you can’t do this or be
0:17:15 successful because I
0:17:17 certainly, you know,
0:17:17 didn’t start out that
0:17:19 way and all my clients are
0:17:20 not wealthy CEOs.
0:17:20 Yeah.
0:17:21 Well, that’s another angle
0:17:23 is like business, maybe not
0:17:24 business travel and it’s
0:17:25 probably like built in
0:17:26 processes for that, but
0:17:29 some sort of, you know,
0:17:30 incentive trips for
0:17:30 companies.
0:17:31 Like when I was working
0:17:32 corporate, like that was
0:17:33 a big part of it.
0:17:34 Like how do we incentivize
0:17:35 these people and organize
0:17:36 these big trips that there
0:17:37 was a whole agency involved
0:17:38 with that, but like maybe
0:17:39 for smaller companies,
0:17:41 there’s a little niche or
0:17:42 angle or to specialize in
0:17:44 a specific location.
0:17:45 Like I’m the go-to expert
0:17:47 on Vietnam or whatever it
0:17:47 may be.
0:17:48 Absolutely.
0:17:50 I mean, getting involved
0:17:51 with your local business
0:17:52 community group, chamber
0:17:53 of commerce, you’re getting
0:17:54 involved there and kind of
0:17:55 letting local businesses
0:17:56 know that this is a
0:17:57 service you offer because
0:17:59 surely that office down
0:18:00 the road is not going to
0:18:01 have an in-house full-time
0:18:03 employee, you know, doing
0:18:04 their, you know, travel for
0:18:05 their organization, but
0:18:06 they might be looking to
0:18:08 do a company retreat for
0:18:09 20 people and you would be
0:18:10 able to help with that.
0:18:12 That sounds perfect.
0:18:13 Yeah, there’s a lot of
0:18:14 different directions that
0:18:15 you can go with here.
0:18:16 So what else, as you’re
0:18:16 opening up your marketing
0:18:18 playbook, we’ve got the
0:18:18 word of mouth, we’ve got
0:18:19 the referral incentive.
0:18:20 Hey, I’ll waive your
0:18:21 planning fee on your next
0:18:23 trip if you send me a new
0:18:24 client and hopefully that
0:18:25 starts to tap into your
0:18:26 network’s network a little
0:18:26 bit.
0:18:27 What else have you found
0:18:27 effective here?
0:18:28 Events.
0:18:30 So both going to and
0:18:31 hosting your own.
0:18:33 So I know of someone who
0:18:35 specializes in planning
0:18:36 honeymoons and romantic
0:18:37 trips all over the world
0:18:39 and she loves to work with
0:18:42 newlyweds and brides and
0:18:43 so she will actually go to
0:18:45 these sort of bridal, you
0:18:46 know, they have these
0:18:47 bridal vendor shows where
0:18:48 the brides are coming to
0:18:50 learn about cake and other
0:18:51 sorts of incredible things.
0:18:53 but she doesn’t even set
0:18:54 up a vendor booth herself.
0:18:55 Certainly that’s an option
0:18:57 but, you know, that’s
0:18:57 costly.
0:18:59 So she literally just goes
0:19:01 and mingles with all of
0:19:02 these brides and talks to
0:19:03 them and just tells them
0:19:04 the truth that, you know,
0:19:05 I plan incredible
0:19:07 honeymoons and romantic
0:19:07 trips.
0:19:09 So going to places where
0:19:10 your ideal client, if you
0:19:11 really have a focus niche,
0:19:12 can help.
0:19:14 But also hosting your own
0:19:15 sort of events on a much
0:19:16 smaller scale.
0:19:17 You don’t have to host a
0:19:18 gigantic conference or
0:19:18 convention.
0:19:19 but you could host, for
0:19:22 example, a local, I don’t
0:19:22 know, let’s pick a country,
0:19:23 Japan.
0:19:24 You could host a local
0:19:26 Japanese themed evening
0:19:28 where you serve foods
0:19:30 traditional to Japan and
0:19:31 you could, as the travel
0:19:32 advisor and host, give a
0:19:34 presentation on a few
0:19:35 interesting facts about the
0:19:37 country, highlight some
0:19:38 places people might want to
0:19:40 go, highlight a couple of
0:19:41 the interesting resorts or
0:19:43 hotels that you could book
0:19:44 for them and the perks you
0:19:45 could get them as a travel
0:19:46 advisor, and of course,
0:19:47 pass out your, you know,
0:19:49 information business cards
0:19:50 at the end, something like
0:19:50 that.
0:19:52 Okay, so I’m hearing the
0:19:53 opportunity to focus on
0:19:55 either a location-specific
0:19:56 niche, like the Japan
0:19:57 specialist, the Disneyland
0:19:59 specialist, or the theme
0:20:00 specific.
0:20:01 Oh, I specialize in booking
0:20:02 epic honeymoons to
0:20:03 wherever you want to go.
0:20:05 That’s a cool angle.
0:20:06 I love the approach of
0:20:07 going, you know, always
0:20:08 that’s the marketing
0:20:09 one-on-one question.
0:20:10 Where are my target
0:20:11 customers already hanging
0:20:11 out?
0:20:12 Well, these brides who are
0:20:13 about to, you know, plan
0:20:14 their wedding and
0:20:14 eventually the honeymoon
0:20:16 are hanging out at these,
0:20:17 you know, bridal vendor
0:20:18 shows, you know, they’re
0:20:19 looking for photographers
0:20:20 and caterers and DJs and
0:20:21 venues.
0:20:22 It’s like, okay, here’s a
0:20:24 natural next step to get in
0:20:25 front of those customers.
0:20:26 I love that strategy.
0:20:28 And then this, you know,
0:20:30 themed dinner or location
0:20:31 specific event.
0:20:32 We see people do this
0:20:33 online.
0:20:33 We see people do this
0:20:34 offline.
0:20:35 The online strategy would
0:20:36 be the, you know,
0:20:38 partner workshop type of
0:20:40 person where if you, you
0:20:43 try to find some, some
0:20:44 organization that already
0:20:46 is catering to people who
0:20:47 might be interested in
0:20:48 traveling to Japan or
0:20:48 something.
0:20:49 I don’t know what
0:20:50 organization that might be
0:20:52 off the top of my head, but
0:20:53 offer to host that
0:20:53 workshop.
0:20:55 Maybe it’s that hour long
0:20:56 webinar presentation or
0:20:57 maybe it’s that in-person
0:20:59 dinner with the sushi and
0:21:00 sake sampling or whatever it
0:21:01 is.
0:21:03 And you’ve cut through the
0:21:05 clutter and now you’re the
0:21:07 go-to expert on that topic
0:21:08 and whether they end up
0:21:10 hiring you or not, you’ve
0:21:11 kind of jumped the line and
0:21:12 say like, well, if we want
0:21:13 to do this trip and you’ve
0:21:15 got us all excited about
0:21:17 it, like there’s a natural
0:21:17 person that they’re going
0:21:19 to call instead of going
0:21:20 back to Google and looking
0:21:22 for other travel advisors
0:21:23 to help them out.
0:21:25 And, you know, you might
0:21:26 be thinking, well, somebody
0:21:27 who’s going to be at this,
0:21:28 you know, Japanese themed
0:21:30 evening is maybe only
0:21:31 considering planning a trip
0:21:32 for themselves or their
0:21:34 family, but that’s not
0:21:34 necessarily true.
0:21:36 When you plant that seed of
0:21:37 excitement, you might find
0:21:38 that that person you were
0:21:40 talking to is in a book
0:21:41 club and they just finished
0:21:42 a book that was all
0:21:44 about Ireland, maybe, or
0:21:45 Scotland, they were reading
0:21:46 about Outlander or
0:21:46 something, right?
0:21:47 And so now they want to
0:21:49 plan an entire trip for
0:21:50 the book club to go.
0:21:51 Naturally, you’re the
0:21:52 person that they’re going
0:21:53 to come to and talk to
0:21:54 about that, right?
0:21:56 So you never know, you
0:21:56 know, where these things
0:21:57 are going to lead to.
0:21:58 But one thing I also want
0:21:59 to mention, you said that
0:22:01 as far as picking a niche
0:22:02 that you could do, you
0:22:03 know, the location-based
0:22:04 or you could do, you
0:22:05 know, the activity-based.
0:22:06 There are other very
0:22:07 popular types of niches
0:22:08 as well.
0:22:09 I know some people that
0:22:11 specialize in only cruises.
0:22:13 I personally don’t really
0:22:13 do cruises.
0:22:15 I might add a river cruise
0:22:16 or something to somebody’s
0:22:16 expedition.
0:22:18 But if somebody wants to,
0:22:19 for example, just take,
0:22:20 you know, a weekend-long,
0:22:21 you know, princess cruise
0:22:22 or Norwegian cruise, that’s
0:22:24 not really my specialty
0:22:26 because there is so much
0:22:27 to learn about cruises.
0:22:28 I mean, really, it is an
0:22:29 entire market in and of
0:22:30 itself.
0:22:31 And so going to somebody
0:22:32 who really knows everything
0:22:34 about cruises, which type of
0:22:35 ship you should take and
0:22:36 what the different routes are
0:22:37 and what the best pricing
0:22:39 is, you know, we were
0:22:40 talking earlier about why
0:22:41 you’d want to hire a travel
0:22:41 advisor.
0:22:43 I don’t really go cruising
0:22:44 ever.
0:22:46 And so that’s something that I,
0:22:47 you know, would want to talk
0:22:48 to an expert about as well.
0:22:49 Yeah, there’s a lot of
0:22:49 pressure.
0:22:50 If this is going to be a
0:22:52 once-in-a-lifetime trip,
0:22:53 and for a lot of people I’ve
0:22:54 been saving for years to
0:22:55 make this happen, I don’t
0:22:56 want to screw it up.
0:22:57 Like, I want to make sure it
0:22:59 is done right and it’s
0:23:00 absolutely worth it to hire
0:23:02 the expert for the planning
0:23:03 fee and make sure you pick
0:23:04 the hotel in the right
0:23:05 location from somebody who’s
0:23:06 been there, done that,
0:23:06 knows the area.
0:23:08 it’s a long way to go
0:23:08 depending on where you’re
0:23:10 going to not have a great
0:23:11 experience.
0:23:12 And so if you could spend a
0:23:13 little bit more up front, I
0:23:14 think it makes a lot of sense
0:23:15 on the client side.
0:23:17 And to come to think of it, I
0:23:18 feel like I’ve seen these
0:23:20 flyers at the library for, you
0:23:22 know, come listen to our talk
0:23:25 about exploring, you know, the
0:23:27 architecture of ancient Egypt
0:23:27 or something.
0:23:29 And I got to imagine it’s
0:23:31 probably a travel advisor who’s
0:23:31 putting that on.
0:23:33 We had a guy who was doing
0:23:35 a tutoring business and it
0:23:36 was like workshops, you know,
0:23:38 hosted at the local coffee
0:23:39 shop or the library.
0:23:40 Bonus points if you can have
0:23:42 them promoted to their
0:23:43 audience, their email list.
0:23:44 Absolutely.
0:23:45 You know, here’s the seven
0:23:46 things you need to know about
0:23:48 the new ACT changes for your
0:23:50 high school student and totally
0:23:51 free to attend.
0:23:52 But by the way, if you need
0:23:54 tutoring services, I’m your
0:23:55 guy.
0:23:56 It’s a very similar strategy
0:23:57 here.
0:23:58 Absolutely.
0:23:59 And, you know, it’s funny that
0:24:00 you mentioned the library and
0:24:02 those info sessions because
0:24:03 one other strategy that I’ve
0:24:05 seen people do is it doesn’t
0:24:06 even necessarily have to be
0:24:07 location specific.
0:24:09 It could just be focused on
0:24:09 how to travel.
0:24:11 You’d be amazed at how many
0:24:13 people simply are not as
0:24:14 familiar with the world of
0:24:16 passports and visas and what
0:24:18 is a WHO vaccination card and
0:24:19 all of these different
0:24:19 things.
0:24:21 I have heard of people going
0:24:23 to different countries.
0:24:24 Let’s say Vietnam, I think.
0:24:26 You have to apply many months
0:24:28 in advance to get your visa.
0:24:29 It’s not like just showing up
0:24:30 in London where you can say,
0:24:31 oh, I’m from the USA.
0:24:32 I’m here for a week.
0:24:33 I just want to be a tourist.
0:24:35 The relationships with all
0:24:36 countries are not like that.
0:24:38 And so hosting some of these
0:24:40 how to travel info sessions
0:24:42 can be such a really great
0:24:43 way to get clients because
0:24:44 once people get into that
0:24:45 info session, and you’re
0:24:46 certainly not trying to scare
0:24:48 anyone, but they realize that
0:24:49 they just don’t know as much
0:24:51 as they need to know in order
0:24:52 to have a successful trip,
0:24:54 they’re immediately going to
0:24:55 think, I’m going to be a lot
0:24:56 safer in the hands of this
0:24:58 travel advisor who’s hosting
0:24:58 this session.
0:25:00 It’s not even an ageist
0:25:01 thing, but certainly there
0:25:02 are people as well that
0:25:04 maybe are not as online as
0:25:04 much, right?
0:25:05 So they don’t know all of
0:25:06 the different, you know,
0:25:08 resources available to them.
0:25:10 And so they would just
0:25:11 benefit from doing, you know,
0:25:12 work face-to-face with
0:25:12 someone.
0:25:13 Yeah, the amount of
0:25:15 information out there is so
0:25:16 overwhelming where it’s like
0:25:17 if somebody could cut through
0:25:19 the clutter and help
0:25:21 streamline that process, it
0:25:22 makes a lot of sense.
0:25:23 I feel like my parents have
0:25:24 gone to, you know, the
0:25:26 Rick Steves info session and
0:25:27 then they end up booking
0:25:28 the Rick Steves tour.
0:25:29 So it’s like, this is a
0:25:31 strategy that clearly can
0:25:31 work.
0:25:31 Absolutely.
0:25:32 And if you show them
0:25:34 something that they don’t
0:25:35 think they could have found
0:25:36 on their own, so going back
0:25:38 to that Japan info session we
0:25:39 were talking about, if you
0:25:41 show them, hey, here’s this
0:25:42 incredible, you know,
0:25:44 activity, tour, private
0:25:45 cooking class, whatever it
0:25:46 might be, they’ve never
0:25:47 heard of before, right?
0:25:49 You’re not going to give a
0:25:50 talk and you’re not going to
0:25:51 name the top five spots that
0:25:53 they can easily find by just
0:25:54 Googling what to see in
0:25:54 Japan.
0:25:55 Yeah, the insider
0:25:56 knowledge, the off the
0:25:57 beaten path stuff.
0:25:59 Yes, that’s exactly what
0:25:59 people want to know.
0:26:00 That’s what I based my
0:26:01 business around.
0:26:02 You mentioned earlier
0:26:03 Unlisted Travel.
0:26:04 That is my bread and
0:26:04 butter.
0:26:06 I love, love, love to be
0:26:07 able to delight my clients
0:26:09 by saying, hey, I’m super
0:26:10 excited you’re planning a
0:26:10 trip to London.
0:26:12 Did you know that I can get
0:26:14 you this private tour of
0:26:14 Stonehenge?
0:26:15 Did you know I can do this
0:26:16 private thing?
0:26:18 And they’re always, what?
0:26:18 You can?
0:26:20 I’m so excited about this.
0:26:21 Yeah, that’s very cool.
0:26:23 And then through Fora, you
0:26:25 have a relationship with that
0:26:26 private tour provider and you
0:26:27 get your finder’s fee, your
0:26:28 referral commission on that.
0:26:29 Oh, exactly.
0:26:30 And that’s one of the other
0:26:31 great things about working with
0:26:33 these host agencies is that it’s
0:26:34 not just about the
0:26:35 relationships between, you
0:26:37 know, the host agency and
0:26:39 one hotel, but it’s also these
0:26:41 other companies like a
0:26:42 context travel.
0:26:44 They’re a tour operator that
0:26:45 Fora has a relationship with
0:26:46 and they do, you know, these
0:26:49 really authentic guided tours all
0:26:49 over the world in all
0:26:51 different cities or
0:26:53 eatwith.com, which is a
0:26:54 really great way that you can
0:26:55 get, you know, cooking
0:26:57 classes or group dining
0:26:58 experiences, private dining
0:27:00 experiences with local chefs
0:27:00 and things like that.
0:27:02 And so we can book all of
0:27:03 those for our clients and
0:27:04 all of these different
0:27:06 companies and suppliers and
0:27:08 resources that client that
0:27:08 you’re working with, you
0:27:09 know, they’ve, they’ve
0:27:10 never heard of these things.
0:27:11 They’re just not as plugged
0:27:12 into the travel community.
0:27:13 And also, you know, I
0:27:15 mentioned community, your
0:27:16 host agency likely is going
0:27:17 to have something, whether
0:27:18 it’s akin to a Facebook
0:27:19 group or some sort of
0:27:20 online community where
0:27:21 you’re going to be able to
0:27:22 mix and mingle with all of
0:27:23 the other travel advisors
0:27:24 that belong to that host
0:27:25 agency as well.
0:27:27 And it’s such a great
0:27:28 resource because if the
0:27:29 host agency is doing a
0:27:30 good job, they’re going to
0:27:31 foster collaboration.
0:27:33 And so you can post in
0:27:34 there, hey, I have some
0:27:35 clients that want to go to
0:27:35 Egypt.
0:27:36 I’ve done my research.
0:27:38 I found incredible things,
0:27:39 but I’m just not really
0:27:40 sure where I can find a
0:27:42 private driver I can trust.
0:27:43 Does anybody have a
0:27:43 recommendation?
0:27:44 Boom, boom, boom.
0:27:45 You know, you’re going to
0:27:46 see lots of
0:27:47 recommendations.
0:27:48 And that’s, you know, it’s
0:27:49 a really great resource.
0:27:51 Oh, this is inside of the
0:27:53 Fora forums or the Fora
0:27:54 Facebook group?
0:27:55 Exactly.
0:27:56 That’s what they call it.
0:27:57 They call it the Fora
0:27:58 forum, which is such a
0:27:58 great name.
0:27:59 I love that.
0:27:59 Okay.
0:28:00 Yeah.
0:28:01 So be able to crowdsource
0:28:02 a little bit of
0:28:03 recommendation if it’s a
0:28:04 place that you don’t have
0:28:05 experience with on the
0:28:06 ground per se.
0:28:08 So that makes sense.
0:28:10 One strategy that I want to
0:28:11 highlight that just came to
0:28:14 mind is Rob Petingalo runs a
0:28:15 walking tour company in
0:28:16 Washington, D.C.
0:28:18 And the way that he drove
0:28:19 business, I thought was
0:28:20 really creative.
0:28:22 It created a lot of Q&A
0:28:24 content for future D.C.
0:28:25 travelers.
0:28:26 Like, how does the metro
0:28:28 work in D.C.?
0:28:29 Or what is the best time to
0:28:30 visit the Lincoln Memorial?
0:28:32 And come on and say, hey,
0:28:33 I’m Rob.
0:28:34 I, you know, I run this
0:28:35 tour company or walking
0:28:36 tours in D.C.
0:28:38 And, and here’s the
0:28:38 answer to your question.
0:28:40 Like fill in the gap with
0:28:41 that and really well done
0:28:42 content.
0:28:43 But, you know, like all
0:28:45 things, uh, in content
0:28:46 marketing, a certain
0:28:47 percentage of those people
0:28:48 were like, I really like
0:28:48 Rob.
0:28:49 I want to book his tour
0:28:50 when I go on this trip.
0:28:51 And so targeting these
0:28:52 like future, you know,
0:28:54 high buyer intent type of
0:28:55 keywords, like beyond what
0:28:56 are the best things to do
0:28:57 or just, you could
0:28:58 probably any number of
0:28:59 different keyword tools or
0:29:01 answer the public or
0:29:02 something, something to
0:29:02 figure out what questions
0:29:04 are people asking on their
0:29:05 way to, it probably works
0:29:07 better if you’re targeting
0:29:08 a specific location like
0:29:10 he was, but an interesting
0:29:11 way to get in front of
0:29:11 new customers.
0:29:12 You’re absolutely right.
0:29:13 And again, it’s about
0:29:14 just building that trust.
0:29:15 I mean, when it comes
0:29:16 down to booking that
0:29:17 tour, are you going to
0:29:18 book with this individual
0:29:19 who gave you all the
0:29:20 answers to your questions
0:29:22 and seemed super helpful
0:29:23 and honest and
0:29:24 trustworthy, or are you
0:29:25 going to book with kind
0:29:27 of a faceless company
0:29:29 that you’re not really
0:29:29 sure if you can trust
0:29:30 them because the reviews
0:29:32 are only 3.5, you
0:29:34 know, it’s a no
0:29:34 brainer at the end of
0:29:35 the day.
0:29:36 Yeah, how do you
0:29:37 break down those no
0:29:38 like and trust barriers
0:29:40 as quickly as you can?
0:29:41 Anything else you found
0:29:42 effective on the
0:29:43 marketing side?
0:29:44 Well, like you
0:29:45 mentioned, there’s always
0:29:46 the online strategies as
0:29:47 well, creating a
0:29:48 location specific Facebook
0:29:50 group or, you know,
0:29:52 travelers or people who
0:29:53 want to travel to Japan
0:29:54 type Facebook group or
0:29:54 things like that, or
0:29:55 even online events.
0:29:56 If you’re not able to
0:29:58 do them in person, you
0:29:59 can host these sort of
0:30:00 online info sessions that
0:30:01 you can record and then
0:30:02 post on your YouTube,
0:30:03 things like that,
0:30:05 creating this library of
0:30:06 content are all going
0:30:07 to ultimately, you know,
0:30:08 help you.
0:30:08 Got it.
0:30:09 Actually, we were just on
0:30:11 the Reddit forums about
0:30:12 Japan last night.
0:30:13 Like, how do the train
0:30:14 cards work?
0:30:15 Can you get the kids
0:30:16 discounted train card at
0:30:16 the airport?
0:30:18 And there’s a lot of
0:30:19 questions out there on the
0:30:20 internet that are probably
0:30:21 ripe for you to answer.
0:30:22 if it’s a topic you’re
0:30:23 knowledgeable on.
0:30:24 I have seen a couple
0:30:26 people who are actually
0:30:27 American expats who have
0:30:28 moved to different
0:30:30 countries and they’re
0:30:31 there for school or
0:30:32 something, but they’ve
0:30:33 ended up doing the travel
0:30:35 advising thing on the
0:30:37 side, I think, because
0:30:39 people want someone in the
0:30:40 country they can trust who
0:30:42 knows exactly how it
0:30:42 works.
0:30:43 So those are some people
0:30:44 that choose the location
0:30:46 specific niche as well.
0:30:46 Very good.
0:30:48 More with Bailey in just a
0:30:49 moment, including the tools
0:30:50 and tech that might be
0:30:51 helpful in running a
0:30:52 travel advising business,
0:30:54 the role AI can play, and
0:30:55 how to potentially score
0:30:56 your own discounted
0:30:56 trips.
0:30:58 Coming up right after
0:30:58 this.
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0:33:16 All right, that was a
0:33:17 ton of different ideas
0:33:18 on how to generate
0:33:19 interest and potential
0:33:20 clients in your
0:33:21 services.
0:33:21 I think those are
0:33:22 great.
0:33:23 I wanted to ask, you
0:33:24 know, the percentage of
0:33:24 people that you’re
0:33:26 serving, you know,
0:33:27 remotely, is this like
0:33:28 an online only side
0:33:28 hustle?
0:33:29 Are people coming over
0:33:30 to your house or the
0:33:31 coffee shop and we’re
0:33:31 hammering out the
0:33:33 details of this itinerary?
0:33:34 What does it typically
0:33:34 look like?
0:33:35 I think in the
0:33:36 beginning it can be a
0:33:37 little bit more face to
0:33:38 face, especially as
0:33:39 you’re working with those
0:33:40 friends and family who
0:33:42 likely live with, you
0:33:44 know, within 10 miles of
0:33:44 you probably, at least
0:33:45 that’s how it definitely
0:33:46 was for me.
0:33:48 And I do enjoy that
0:33:49 element of it, you know,
0:33:51 working with my uncle who
0:33:52 wants to go to Costa Rica,
0:33:54 sitting down at his house
0:33:55 and, you know, going over
0:33:56 in person, all the
0:33:56 different things.
0:33:58 Because one of the
0:33:59 greatest things we can do
0:34:00 for our clients is help to
0:34:01 get them excited, right?
0:34:02 And say, don’t worry, I’ve
0:34:03 got you, this is going to
0:34:04 be so fun.
0:34:05 Oh, I’m already thinking
0:34:06 of all these great ideas,
0:34:06 right?
0:34:07 And make sure, again,
0:34:08 you’re building that
0:34:08 trust.
0:34:10 But naturally, if you want
0:34:10 to really grow your
0:34:11 business, you’re going to
0:34:12 end up working with
0:34:13 clients who don’t live
0:34:15 within 10 miles of you
0:34:16 and who are not related
0:34:17 to you or that you do
0:34:17 not know.
0:34:19 And so that’s when all of
0:34:20 the online infrastructure
0:34:22 really starts to come
0:34:23 into play.
0:34:24 And so for that, you’re
0:34:26 going to need things like
0:34:27 a website, scheduling
0:34:29 software, you know, tools
0:34:30 to be able to really run
0:34:31 your online business.
0:34:32 And we can go into
0:34:33 those if you’d like.
0:34:34 Yeah, if you’re doing,
0:34:35 you know, onesie, twosie
0:34:37 trips at a time, it’s
0:34:38 probably relatively
0:34:40 straightforward to keep
0:34:41 track of in Google
0:34:43 Docs or Google Sheets or
0:34:43 something like that.
0:34:45 But if all of a sudden
0:34:46 you’re juggling multiple
0:34:47 different itineraries,
0:34:48 multiple different
0:34:50 locations, now it gets
0:34:51 a little bit more
0:34:52 difficult to juggle in
0:34:53 your mind.
0:34:54 Anything you found
0:34:55 useful on the tools
0:34:56 tech organization side?
0:34:57 Yeah, absolutely.
0:34:59 There’s actually a large
0:35:00 number of tools
0:35:01 specifically designed
0:35:03 for travel advisors.
0:35:04 The most important one
0:35:05 you’re going to need if
0:35:06 your host agency, again,
0:35:07 doesn’t provide something
0:35:09 for you is a CRM, a
0:35:10 customer relationship
0:35:11 management software, which
0:35:12 is where you’re going to
0:35:13 keep track of all of your
0:35:15 clients’ information and
0:35:17 where they’re at in the
0:35:18 process of working with
0:35:19 you on their trip.
0:35:21 And so a few famous ones
0:35:23 are Travify, Travel Joy,
0:35:26 or Tern, T-E-R-N, super
0:35:28 popular, very common.
0:35:29 But it should be noted
0:35:31 that not all CRM
0:35:33 softwares for travel
0:35:35 advisors have an
0:35:36 itinerary builder
0:35:38 component, which is
0:35:38 something you’ll
0:35:39 definitely want to
0:35:40 invest in as well.
0:35:41 So if your CRM
0:35:42 doesn’t, you might need
0:35:43 to get that separately.
0:35:45 A really popular one is
0:35:47 Safari Portal creates
0:35:48 beautiful online
0:35:49 itineraries where you can
0:35:50 upload lots of pictures,
0:35:51 show people what they’re
0:35:53 going to be doing day by
0:35:54 day because when you
0:35:55 deliver that first
0:35:57 edition, that first
0:35:58 version of the
0:36:00 proposed itinerary, you
0:36:00 really want to make it
0:36:01 your best.
0:36:02 You really want to knock
0:36:03 their socks off and you
0:36:04 want to make it visual.
0:36:06 Show people exactly what
0:36:07 they’re going to be doing.
0:36:08 Oh, you’re going to be
0:36:09 going to an ethical no
0:36:11 touch observatory
0:36:12 elephant sanctuary?
0:36:13 Well, what are you going
0:36:13 to do?
0:36:14 You’re going to put
0:36:15 pictures of these really
0:36:16 cool elephants, you
0:36:17 know, bathing in a
0:36:18 local stream so people
0:36:19 can start to visualize
0:36:20 what their trip is
0:36:21 really going to look
0:36:21 like.
0:36:22 So in the beginning,
0:36:23 when you’re trying to
0:36:24 do this all very
0:36:26 inexpensively, I have
0:36:28 even seen people build
0:36:29 itineraries in Canva.
0:36:31 Obviously, that’s not
0:36:32 going to work at scale.
0:36:33 You know, that would be
0:36:34 very tiring to try to
0:36:35 manage.
0:36:35 Yeah, if you’re moving
0:36:36 stuff around, like it
0:36:37 could get a little
0:36:38 trickier, but visually
0:36:39 it’ll look nice.
0:36:40 Yeah, exactly.
0:36:41 Well, the CRM
0:36:42 softwares and things
0:36:43 allow you to have
0:36:44 different features that
0:36:45 you might really like.
0:36:46 So, for example, if
0:36:47 somebody goes in and
0:36:49 requests a change to a
0:36:49 certain part of the
0:36:51 itinerary, you can make
0:36:51 that change and then you
0:36:52 can ask them to
0:36:53 approve it in the
0:36:55 CRM software so you
0:36:55 have evidence that they
0:36:56 approved the change,
0:36:57 right?
0:36:58 So these are some
0:36:58 advanced things that
0:36:59 would be really nice to
0:37:00 have if you’re taking
0:37:01 your business, you
0:37:02 know, seriously and
0:37:02 you’re looking to grow
0:37:03 and expand and you’re
0:37:04 trying to be efficient
0:37:05 and keep track of all
0:37:05 this stuff.
0:37:07 In the beginning, when
0:37:08 you have less capital
0:37:08 and you’re really
0:37:09 trying to do it
0:37:11 inexpensively, use the
0:37:11 tools that are
0:37:12 available to you.
0:37:14 imagine AI could be a
0:37:15 helpful planning tool
0:37:16 like, hey, give me a
0:37:18 five-day itinerary to
0:37:19 London that would be
0:37:20 good for a
0:37:21 honeymooning couple
0:37:22 and, you know, fill in
0:37:23 a few more qualifying
0:37:24 prompts here.
0:37:26 To what extent is AI a
0:37:27 threat to the travel
0:37:28 advising business?
0:37:30 Well, if I just throw
0:37:31 in a few prompts, it’s
0:37:32 going to tell me where
0:37:33 to go, what time, you
0:37:34 know, where to stay.
0:37:34 Like, it’s going to
0:37:35 throw out all these
0:37:36 recommendations and
0:37:37 potentially cut you
0:37:37 out of the picture.
0:37:39 It’s possible, but I
0:37:41 like to think that those
0:37:42 people who are using
0:37:43 AI are not really my
0:37:44 ideal client anyway.
0:37:45 The people that are
0:37:47 going to work with me
0:37:48 are either people that
0:37:49 are not that tech
0:37:50 savvy, people that
0:37:51 don’t have the time to
0:37:52 organize these trips, so
0:37:53 even if they had an
0:37:55 itinerary, they don’t
0:37:56 know how or where to
0:37:58 book it, they are not
0:37:58 as experienced in
0:37:59 travel, so they don’t
0:38:00 know everything that
0:38:01 can fall through the
0:38:02 cracks, they want
0:38:03 someone to guide them
0:38:04 through the process of
0:38:05 obtaining all their
0:38:06 travel documents and
0:38:07 things like that.
0:38:08 My issues with AI
0:38:10 aren’t that it can be a
0:38:10 useful tool for
0:38:11 people that want to
0:38:12 discover interesting
0:38:13 travel things, but
0:38:16 AI doesn’t think, it’s
0:38:17 not a human, it can
0:38:18 only regurgitate the
0:38:18 information that’s
0:38:20 already inside of it,
0:38:21 and so if you are
0:38:23 going to want to have,
0:38:23 as you said earlier,
0:38:25 the best trip possible
0:38:26 because you’re spending
0:38:27 all this money, then
0:38:28 you want to go with
0:38:29 somebody who actually
0:38:31 has been there or
0:38:32 knows the area well or
0:38:33 has all the
0:38:34 connections because
0:38:35 another thing that
0:38:36 that AI is not going
0:38:37 to do, just to give
0:38:38 you an example, it’s
0:38:39 not going to say, oh,
0:38:41 I actually happen to
0:38:42 know the name and
0:38:43 the WhatsApp number of
0:38:45 a private driver who
0:38:46 I’ve actually worked
0:38:47 with before in
0:38:48 Colombia, totally
0:38:49 trustworthy, I’m going
0:38:50 to go and message him
0:38:51 right now, right?
0:38:52 The only thing that AI
0:38:54 can really do is give
0:38:55 you the name of a
0:38:56 company that, you know,
0:38:57 you might have already
0:38:58 been able to find
0:38:59 through Googling
0:39:00 anyway, and again,
0:39:00 you know, how do you
0:39:01 know if that person is
0:39:02 trustworthy or not,
0:39:03 right?
0:39:04 I use that example
0:39:06 because I was
0:39:07 recommended to somebody
0:39:08 else to use a man
0:39:09 named Oscar whenever I
0:39:11 was traveling down in
0:39:12 Colombia by myself and
0:39:13 needed somebody to drive
0:39:14 me around to show me the
0:39:15 sites and who I could
0:39:16 trust, and he was
0:39:17 fantastic, would
0:39:18 recommend him every time.
0:39:19 You’re not going to get
0:39:20 that from AI.
0:39:21 Right, he’s not going to
0:39:22 show up in a Google
0:39:23 search.
0:39:24 Right, no, he does not
0:39:25 have a website, right?
0:39:27 In all parts of the
0:39:29 world, these, you know,
0:39:30 travel services and
0:39:31 suppliers aren’t
0:39:32 necessarily as, you
0:39:34 know, professional or
0:39:35 as formal as we might
0:39:35 like to think.
0:39:36 Sometimes it is really
0:39:37 built on those
0:39:38 relationships.
0:39:39 Yeah, those
0:39:39 relationships are what
0:39:41 can lead to hopefully
0:39:42 recurring customers
0:39:43 coming back for their
0:39:45 vacation or their trip
0:39:46 year after year, where
0:39:47 it’s, you know, maybe
0:39:49 you waive that planning
0:39:51 fee up front to get
0:39:54 some reps in and down
0:39:55 the road, that can turn
0:39:57 into a, I imagine the
0:39:58 lifetime value of a
0:39:58 customer in this
0:39:59 business can be pretty
0:40:00 big if people have, you
0:40:01 know, 20, 30 years of
0:40:02 their traveling life
0:40:03 ahead of them.
0:40:03 Absolutely.
0:40:05 And one thing we haven’t
0:40:06 really talked about yet
0:40:07 as well, but really goes
0:40:08 into why you would want
0:40:09 to work with a travel
0:40:10 advisor and making sure
0:40:11 those clients come back
0:40:13 is the support that you
0:40:14 can provide to that
0:40:15 person while they’re
0:40:16 traveling.
0:40:17 And so one of the
0:40:18 things that we as
0:40:19 travel advisors do
0:40:20 before someone leaves
0:40:21 for their trip is try
0:40:23 to prepare them in
0:40:24 every way possible so
0:40:25 they don’t have to
0:40:26 contact us as much
0:40:27 because we want them
0:40:28 to be able to
0:40:30 resolve any issues on
0:40:31 the ground immediately
0:40:32 if we are not
0:40:33 instantly available.
0:40:35 But that being said,
0:40:37 very often somebody
0:40:39 will message us on
0:40:40 the trip, you know,
0:40:41 oh, my flight was
0:40:42 just delayed, you
0:40:43 know, I’ve already
0:40:45 talked to the flight
0:40:45 attendant or the
0:40:47 person at the counter
0:40:48 about it, but what
0:40:49 happens when I get
0:40:50 into country?
0:40:50 Are they going to know
0:40:51 my flight is delayed?
0:40:52 You know, they just,
0:40:53 they have these concerns
0:40:55 and we give them
0:40:56 documents, we give them
0:40:57 phone numbers, we say,
0:40:57 oh, well, if you
0:40:58 need to call the
0:40:59 airport pickup people,
0:41:00 this is who you call.
0:41:02 But so often they’re
0:41:03 going to come back to
0:41:04 us because we are the
0:41:05 ones that they trust.
0:41:05 Okay.
0:41:07 It’s just a little bit
0:41:07 of hand-holding.
0:41:08 Somebody called it a
0:41:09 handler where it’s like,
0:41:10 I just, I want to show
0:41:11 up and I want it to be
0:41:13 the easy button where,
0:41:13 you know, the person is
0:41:14 waiting for me at the
0:41:15 airport and just, just
0:41:16 things work.
0:41:17 And it’s like a
0:41:18 different kind of travel
0:41:19 than the more like
0:41:20 adventure travel.
0:41:20 We’re going to go
0:41:21 figure out the public
0:41:21 transport.
0:41:22 It was like, you know,
0:41:23 serving a different
0:41:24 client base.
0:41:25 So we mentioned the
0:41:26 upfront travel fees,
0:41:27 either, you know, flat
0:41:28 fee based on the
0:41:30 itinerary option, you
0:41:31 know, to waive that if
0:41:33 you want early on or a,
0:41:34 you know, dollars per
0:41:36 day, you know, $50 per
0:41:38 day will help map out
0:41:39 your, your two-week
0:41:39 thing.
0:41:41 The commissions on
0:41:42 hotels, rental cars,
0:41:43 tours, experiences,
0:41:45 travel insurance,
0:41:46 anything else on the
0:41:47 revenue side that we
0:41:48 missed or other
0:41:49 opportunities that, that
0:41:50 you see for travel
0:41:50 advisors?
0:41:51 Well, as far as the
0:41:53 travel advising services
0:41:54 go, that’s pretty much
0:41:55 the main two revenue
0:41:56 sources.
0:41:57 But I will say that some
0:41:59 travel advisors branch out
0:42:00 beyond that into things
0:42:02 like selling online
0:42:03 guidebooks or, you know,
0:42:05 travel coaching or
0:42:06 something where they
0:42:07 will actually teach or
0:42:08 like charge for
0:42:09 workshops about, you
0:42:10 know, passports and all
0:42:11 this sort of stuff.
0:42:12 So there are other sort
0:42:13 of tangential revenue
0:42:15 streams related to being a
0:42:17 travel expert, I’ll say.
0:42:17 Got it.
0:42:18 Got it.
0:42:18 Okay.
0:42:19 If you’re the go-to
0:42:19 expert for this
0:42:20 particular location,
0:42:22 you know, just, you
0:42:22 know, download my
0:42:24 guidebook, you know,
0:42:25 it’s, it’s the Rick
0:42:26 Steves playbook.
0:42:26 Yeah.
0:42:27 You can book the tour
0:42:28 or you can buy the, uh,
0:42:29 the guidebook or, you
0:42:30 know, watch the free
0:42:32 content on PBS or
0:42:33 YouTube or whatever it
0:42:34 is in this case.
0:42:36 What, what kind of
0:42:38 mistakes or what, what
0:42:40 separates the people
0:42:41 who pay the $300 fee
0:42:42 to Fora and then never
0:42:43 do anything with it
0:42:45 versus the people who
0:42:45 start to see success
0:42:46 with this business?
0:42:48 It really all comes
0:42:50 down to being willing to
0:42:51 put yourself out there
0:42:52 and willing to
0:42:53 advertise and market
0:42:54 yourself and get
0:42:55 those clients.
0:42:57 So I do often see in
0:42:58 the community that
0:43:00 people will say, you
0:43:00 know, I, I just
0:43:02 started with this, you
0:43:03 know, three months
0:43:04 ago, six months ago,
0:43:05 and I’m having a little
0:43:06 bit of trouble getting
0:43:07 some clients.
0:43:08 And when you dig a
0:43:09 little deeper and you
0:43:10 ask them, what have
0:43:11 they done?
0:43:12 Well, the truth is they
0:43:13 really haven’t done
0:43:13 much, right?
0:43:14 They told their
0:43:15 friends, they told
0:43:16 their family, and
0:43:17 that’s kind of it.
0:43:18 So they haven’t
0:43:19 bothered to set up
0:43:20 any website, any
0:43:22 social media pages.
0:43:22 They’re not posting
0:43:23 regular content.
0:43:25 They haven’t tried to
0:43:26 do any of these events
0:43:27 like we were talking
0:43:27 about.
0:43:28 Maybe they haven’t,
0:43:29 you know, waived that
0:43:31 planning fee and done a
0:43:32 couple of trips for free
0:43:33 up front in order to get
0:43:34 those testimonials.
0:43:35 They don’t have any
0:43:36 systems.
0:43:37 They’re not doing any
0:43:38 email marketing.
0:43:38 You know, they don’t
0:43:40 have a free travel guide
0:43:42 PDF for people to get
0:43:42 on their list.
0:43:44 And they, in some
0:43:45 cases, not all, but in
0:43:46 some cases, people
0:43:47 think that the host
0:43:48 agency is just going to
0:43:49 feed you the customers.
0:43:50 And that’s not the
0:43:51 case.
0:43:51 That’s not what the
0:43:53 host agency is there
0:43:53 for.
0:43:54 Okay, yeah, yeah, yeah.
0:43:56 It is true that in
0:43:57 some cases, and this
0:43:58 isn’t for all host
0:44:00 agencies, but it can be
0:44:01 true that if you prove
0:44:02 yourself to be one of
0:44:04 the top earners, that
0:44:05 sometimes host agencies
0:44:06 get leads, and of
0:44:07 course, they’re going to
0:44:07 give them to their best
0:44:09 agents because they want
0:44:09 to have the best
0:44:10 reputation.
0:44:11 So if you have just
0:44:12 started and you’ve
0:44:13 really not made that
0:44:15 many sales, ultimately,
0:44:16 you’re not going to
0:44:17 be getting a ton of
0:44:18 leads from the host
0:44:19 agency, so you can’t
0:44:20 rely on them, and
0:44:21 that’s an important
0:44:22 thing to acknowledge.
0:44:23 Are they going to
0:44:23 kick you out if you
0:44:25 don’t book anything, or
0:44:26 if you only book your
0:44:27 own travels, like, oh,
0:44:28 could I just get an
0:44:30 8% to 10% discount on
0:44:31 my own stuff if I pay
0:44:32 this membership and
0:44:33 spend more than $300
0:44:35 or whatever the math
0:44:36 is on the commission
0:44:37 on that?
0:44:38 That’s a really great
0:44:39 question, and we call
0:44:40 that self-booking.
0:44:41 Every host agency is
0:44:42 going to have their own
0:44:43 policy, so you’re going
0:44:44 to have to refer to
0:44:44 that.
0:44:46 It’s not uncommon to
0:44:46 book some travel for
0:44:48 yourself, especially in
0:44:48 the beginning.
0:44:49 It’s a stepping stone to
0:44:50 learning.
0:44:51 If you’re booking your
0:44:52 entire family’s vacation
0:44:53 and you’re going, of
0:44:55 course, you’re going to
0:44:55 be the one that’s
0:44:56 booking on your
0:44:57 family’s behalf.
0:44:58 There’s no problem with
0:44:58 that, really.
0:44:59 That’s not a big deal.
0:45:01 But if you are only
0:45:03 doing self-bookings,
0:45:04 there’s usually going to
0:45:05 be some sort of issue.
0:45:06 So there might be a
0:45:08 policy that says, look,
0:45:09 within the first six
0:45:10 months of you joining,
0:45:11 you have to book for at
0:45:12 least one other person.
0:45:14 It can be your mom, but
0:45:15 it just, it can’t be
0:45:16 under your name.
0:45:18 My experience has been
0:45:20 that the policies are not
0:45:21 difficult to adhere to.
0:45:23 So I just want to
0:45:24 reassure people that might
0:45:26 be thinking, well, I
0:45:27 can’t get started because
0:45:28 I can’t guarantee I’m
0:45:29 going to have 17 new
0:45:30 clients in the first
0:45:30 month.
0:45:33 We’re not talking those
0:45:33 big numbers here.
0:45:34 Yeah.
0:45:35 Do you get to write off
0:45:36 every trip that you take
0:45:37 as, you know, legit
0:45:38 research for your
0:45:38 business?
0:45:40 That is a great
0:45:41 question.
0:45:43 Now, I am not a lawyer
0:45:44 or tax expert, so I
0:45:45 don’t want to say
0:45:45 anything specific.
0:45:47 But what I can point
0:45:48 you to is a really
0:45:48 great guy.
0:45:49 He actually has a
0:45:50 website called
0:45:52 taxesfortravelagents.com.
0:45:52 His name is Andy
0:45:53 Rood.
0:45:55 He specializes in
0:45:56 doing this and that
0:45:57 I’m in that Facebook
0:45:57 group.
0:45:58 He gets that question
0:45:59 a lot.
0:46:00 So you should
0:46:01 definitely check with
0:46:01 your tax professionals.
0:46:02 Some of it may be,
0:46:03 but I just want to let
0:46:05 people know that if you
0:46:05 are a frequent traveler
0:46:06 thinking, oh, I can
0:46:07 just write all of this
0:46:07 off.
0:46:09 In fact, Andy just
0:46:10 shared a couple of
0:46:11 weeks ago a blog post
0:46:12 that he had written
0:46:13 that was about an
0:46:14 actual case.
0:46:14 It was a case study
0:46:15 that is going through
0:46:16 right now where a
0:46:17 U.S. citizen quit his
0:46:19 job and went to travel
0:46:19 around the world.
0:46:20 I don’t think he was a
0:46:21 travel advisor
0:46:21 specifically, but he
0:46:22 was going to write
0:46:23 books and sell e-books
0:46:25 and he really never
0:46:26 really followed through
0:46:27 with writing the books
0:46:28 and making any money,
0:46:30 but he tried to write
0:46:30 off all these travel
0:46:31 expenses and the IRS
0:46:32 said no because you
0:46:33 weren’t really running
0:46:34 a business and it
0:46:35 wasn’t really, you
0:46:36 know, part of it.
0:46:36 You’re like, maybe I
0:46:37 just suck at running
0:46:37 a business.
0:46:39 It’s just, you know,
0:46:40 there’s some startup
0:46:41 costs involved, some
0:46:42 market research involved.
0:46:44 I had the best
0:46:44 intentions.
0:46:45 I don’t want to get
0:46:46 anybody in trouble
0:46:47 with tax law.
0:46:48 The IRS really wants
0:46:48 to know that you’re,
0:46:49 you know, you’re taking
0:46:50 your business seriously
0:46:51 and not everything is
0:46:52 going to be, you know,
0:46:52 able to be written
0:46:53 off just because it’s
0:46:54 travel and you run a
0:46:55 travel business, I
0:46:55 think is the bottom
0:46:56 line.
0:46:57 But you bring up an
0:46:58 interesting point and
0:46:59 something I did want to
0:47:00 mention here, which is
0:47:01 FAM trips.
0:47:03 so FAM trips, that’s
0:47:05 short for familiarization
0:47:06 trips and this is
0:47:07 something that a travel
0:47:09 advisor can go on in
0:47:10 order to learn more
0:47:12 about a specific vendor
0:47:13 or location.
0:47:15 And so these are trips
0:47:16 that are sometimes, I
0:47:17 want to say sometimes
0:47:19 free, but often it’s
0:47:19 usually that maybe your
0:47:21 hotel gets comped or
0:47:21 something and you still
0:47:23 have to do the actual,
0:47:24 like, you have to pay for
0:47:24 the flight and stuff like
0:47:25 that there.
0:47:26 But ultimately these
0:47:27 are going to be trips
0:47:28 that you can take that
0:47:29 are organized by the
0:47:30 supplier or by something
0:47:32 called a DMO, a
0:47:32 destination marketing
0:47:33 organization.
0:47:34 You know, you’ve seen
0:47:35 ads for like Tourism
0:47:36 Cancun or whatever,
0:47:36 right?
0:47:38 So those types of
0:47:39 organizations that are
0:47:40 trying to increase
0:47:41 tourism to an area,
0:47:43 they might host these
0:47:44 types of trips.
0:47:44 Oh, okay.
0:47:46 Sometimes they do them
0:47:47 for cruises as well so
0:47:49 that you can come and
0:47:49 you can learn.
0:47:50 Yeah, how do you get
0:47:51 on the list for these?
0:47:51 That’s a great
0:47:52 question.
0:47:53 So there’s a couple
0:47:53 different ways.
0:47:54 So there are some
0:47:56 websites that just
0:47:57 specialize in doing
0:47:58 fam trips.
0:47:59 So I forget what the
0:48:01 exact website name is,
0:48:01 but there’s like
0:48:03 fam trips Mexico you
0:48:04 can go to and you
0:48:05 can see the different
0:48:06 vendors and, you know,
0:48:07 it might not be free,
0:48:07 but it could be a
0:48:08 reduced cost or
0:48:09 something like that.
0:48:10 And there’s usually
0:48:11 some sort of itinerary
0:48:12 where they’re going to
0:48:13 do a hotel tour.
0:48:14 They’re going to show
0:48:14 you all of the
0:48:15 different things and
0:48:16 talk to you about the
0:48:16 hotel and they might
0:48:17 have one evening
0:48:18 activity for you to
0:48:19 mingle with other
0:48:19 travel advisors.
0:48:21 But you might also be
0:48:22 able to get fam trips
0:48:23 through your host agency.
0:48:24 Again, you know,
0:48:25 do not expect this
0:48:26 if you just joined and
0:48:27 you’ve not made any
0:48:27 sales.
0:48:28 You know, these are
0:48:29 things that they’re
0:48:29 going to be giving to
0:48:30 people who have really
0:48:32 dedicated themselves to
0:48:32 growing their business
0:48:33 and proven themselves.
0:48:34 But you can also
0:48:36 contact the DMOs
0:48:37 directly.
0:48:38 So you can contact
0:48:38 vendors and you can
0:48:40 contact DMOs and you
0:48:40 can tell them who you
0:48:41 are and what you
0:48:42 specialize in and that
0:48:43 this is something that
0:48:44 you’d really like to
0:48:44 pursue.
0:48:46 Even if you’re not
0:48:47 doing an official fam
0:48:48 trip, you as a travel
0:48:49 advisor, you can
0:48:50 often contact the
0:48:51 business development
0:48:52 manager, the BDM,
0:48:54 at a hotel or, you
0:48:55 know, some sort of
0:48:56 tour agency and you
0:48:57 can say, I’m a travel
0:48:58 advisor, this is my
0:48:59 website, this is my
0:49:01 business, I’m this is
0:49:02 my I add a number, I’m
0:49:03 with host agency, you
0:49:05 know, this and I’m
0:49:06 going to be planning a
0:49:07 family trip to Cancun
0:49:08 this weekend just
0:49:10 because, but I and
0:49:11 we’re you don’t even
0:49:12 have to be staying at
0:49:13 their hotel.
0:49:13 You could say, you
0:49:13 know, we’re staying
0:49:15 down the street, but I
0:49:16 know that you are a
0:49:18 preferred partner with
0:49:19 our host agency.
0:49:20 I was wondering if you
0:49:21 wouldn’t mind if I
0:49:21 came over and you
0:49:22 could give me a quick
0:49:23 tour.
0:49:24 This business is all
0:49:25 about building
0:49:25 relationships.
0:49:28 And so if you can, you
0:49:29 know, establish yourself
0:49:29 as, hey, I’m going to be
0:49:30 the Cancun expert.
0:49:32 I want to I want my
0:49:33 name to be known with
0:49:34 all the hotels in
0:49:35 Cancun so that when I
0:49:37 call and I say I have a
0:49:38 VIP client, what can we
0:49:38 do for them?
0:49:39 You know, they’re going
0:49:40 to they’re going to want
0:49:41 to up the perks and make
0:49:42 sure it’s a really good
0:49:43 experience for them.
0:49:44 I like this strategy
0:49:45 becoming known,
0:49:47 becoming the go to
0:49:48 person, you know,
0:49:49 building relationships
0:49:50 with the people on the
0:49:50 ground.
0:49:52 And even if it’s not
0:49:53 a tax hack, sorry, that
0:49:54 was a total tangent.
0:49:55 But I was like, wait a
0:49:56 minute, if I start an
0:49:57 Instagram account about,
0:49:59 you know, travel family
0:50:00 stuff like is does that
0:50:01 mean I could just write
0:50:02 off everything?
0:50:03 But yeah, if only
0:50:04 that’s the wheels, the
0:50:05 wheels get spinning here.
0:50:05 Bailey, this has been
0:50:06 this has been great.
0:50:07 Anything that’s surprised
0:50:08 you the most over the
0:50:09 last couple of years of
0:50:10 doing this?
0:50:11 Well, to be honest, I
0:50:12 was surprised you could
0:50:13 get paid for doing this.
0:50:15 I planned my best
0:50:16 friend’s honeymoon.
0:50:17 I planned my dad’s
0:50:19 lifelong dream trip to
0:50:19 Montana.
0:50:20 I was with Engineers
0:50:21 Without Borders for a
0:50:22 while and I planned
0:50:23 three different trips to
0:50:23 Kenya.
0:50:25 I got to go on one of
0:50:25 those trips.
0:50:27 So truthfully, it was an
0:50:28 absolutely, you know,
0:50:29 incredible way to
0:50:30 practice these skills, but
0:50:31 I wasn’t getting paid
0:50:31 for them.
0:50:33 I was just doing it
0:50:33 because I love travel
0:50:35 and I just I was like
0:50:36 you had kept saying I
0:50:37 was the go to travel
0:50:38 person in my friends and
0:50:38 family group.
0:50:39 everyone always wanted
0:50:40 my opinion because I
0:50:42 was always even when I
0:50:43 had no money, I was,
0:50:43 you know, backpacking
0:50:44 around Europe and I was
0:50:45 trying to do things to
0:50:47 feed that travel passion
0:50:47 of mine.
0:50:49 And so it wasn’t until
0:50:51 2023 when I really
0:50:52 learned about the travel
0:50:53 advising industry.
0:50:54 I knew what a travel
0:50:55 agent was, of course,
0:50:56 but sure, sure.
0:50:57 I always talk about my
0:50:58 big fat Greek wedding
0:50:59 where Tula, you know,
0:51:00 is becoming a travel
0:51:02 advisor or travel agent
0:51:02 at the time.
0:51:04 And she’s like sitting
0:51:05 in this little building
0:51:05 with, you know, the
0:51:06 big windows on Main
0:51:07 Street and she’s got
0:51:08 this huge desktop
0:51:09 computer and she’s
0:51:10 wearing a headset and
0:51:11 she’s like talking to
0:51:12 people about cruise
0:51:12 packages.
0:51:13 And I was like,
0:51:14 that’s cool.
0:51:15 That’s not really what
0:51:17 I kind of want to do.
0:51:19 And so I had no idea
0:51:20 that the industry had
0:51:21 changed so much, right?
0:51:22 That we were
0:51:23 independent contractors,
0:51:24 not employees, that
0:51:25 you could set up your
0:51:26 own, you know, business
0:51:27 identity even while
0:51:28 you’re a part of this
0:51:29 host agency.
0:51:30 So I get to be a part
0:51:31 of Fora, but I have
0:51:32 unlisted travel.com,
0:51:33 which is where I run
0:51:34 everything in my
0:51:34 business.
0:51:35 They could be fully
0:51:36 remote, that I can
0:51:37 work with clients
0:51:38 outside of who’s in
0:51:39 my local town, that
0:51:40 I can sell the travel
0:51:41 that I want to.
0:51:42 That’s what we call it
0:51:42 sometimes is that we’re
0:51:43 selling travel.
0:51:44 You know, you get to
0:51:45 focus on the types of
0:51:47 trips and things that
0:51:48 you’re passionate about.
0:51:49 So all of this
0:51:50 surprised me because I
0:51:51 basically was like, I
0:51:51 could have been getting
0:51:52 paid for this for 10
0:51:54 years and I didn’t know.
0:51:57 And so when I kind of
0:51:58 dived into it, I didn’t
0:51:59 know how the industry
0:52:00 worked at all.
0:52:01 You know, I have been
0:52:02 an online entrepreneur
0:52:03 for a long time, but
0:52:04 this was a totally new
0:52:05 field.
0:52:06 I think that’s a
0:52:07 great marker.
0:52:10 If you’re already doing
0:52:11 something for free for
0:52:12 friends and family, it’s
0:52:13 like, wait, I can get
0:52:14 paid to do this at no
0:52:16 extra cost to the people
0:52:18 that I’m serving that’s
0:52:19 coming out of the hotel
0:52:20 in a lot of cases.
0:52:20 Yes.
0:52:21 That’s always a good
0:52:22 sign for potential side
0:52:23 hustles.
0:52:23 Like what are people
0:52:24 already naturally coming
0:52:26 to you for help with?
0:52:27 If it happens to be
0:52:28 travel, this seems like a
0:52:29 natural next step.
0:52:30 So you’ve got
0:52:32 unlisted travel.com.
0:52:33 If anybody wants help
0:52:34 planning an awesome
0:52:35 trip, go call Bailey.
0:52:36 You’ve got make travel
0:52:37 your job.com.
0:52:39 What’s next for you?
0:52:39 What are you excited
0:52:40 about this year?
0:52:41 I’m excited to keep
0:52:43 growing unlisted travel.com.
0:52:44 The truth is that’s kind
0:52:45 of a pretty new brand that
0:52:46 I’ve established because I
0:52:48 was just kind of doing
0:52:49 things inexpensively like
0:52:50 we talked about in the
0:52:51 beginning, serving the
0:52:52 friends and family and
0:52:53 realizing the niche that
0:52:54 I’m most passionate about.
0:52:56 So I’m excited to do
0:52:56 more.
0:52:57 I’d like to establish
0:52:59 myself as a travel
0:53:01 expert beyond my friends
0:53:02 and family group.
0:53:03 And so kind of teaching
0:53:04 people a little bit more
0:53:05 about travel through that
0:53:07 brand and then bringing
0:53:08 the world of travel
0:53:09 advising to others through
0:53:10 interviews like this,
0:53:10 which I’m really grateful
0:53:12 for to be able to show
0:53:13 people this incredible
0:53:13 industry.
0:53:15 I truly believe that there
0:53:16 are other people just
0:53:17 like me.
0:53:18 I mean, I’m a millennial,
0:53:19 so I definitely know that
0:53:20 there are other
0:53:21 millennials out there and
0:53:23 Gen Zers especially that
0:53:24 love to travel, wish they
0:53:25 could travel more maybe in
0:53:27 their own lives and would
0:53:28 love to find some way to
0:53:30 make it more a part of
0:53:30 their personal and
0:53:31 professional life, even if
0:53:33 they, like me, couldn’t
0:53:34 just, you know, up and
0:53:35 change careers and just
0:53:37 dedicate themselves to
0:53:37 flying around the world
0:53:39 like a like a pilot or
0:53:39 something like that.
0:53:41 Yeah, to be able to live
0:53:43 and breathe travel without
0:53:44 fully committing to a
0:53:46 digital nomad type of
0:53:47 lifestyle, realizing, well,
0:53:48 there’s constraints and
0:53:49 commitments, you know,
0:53:50 back here at home.
0:53:52 But here’s a way to still
0:53:53 make money from this
0:53:53 travel passion.
0:53:54 Well, this has been
0:53:54 awesome.
0:53:56 let’s wrap this thing
0:53:57 up with your number one
0:53:58 tip for Side Hustle
0:54:00 Nation 2025 edition, then
0:54:01 we’ll take a trip down
0:54:02 memory lane and revisit the
0:54:03 2016 advice.
0:54:05 This one is simple, but I
0:54:07 think it’s a good one.
0:54:08 Don’t buy that premium
0:54:09 domain.
0:54:10 Don’t do it.
0:54:11 It’s too expensive.
0:54:12 I was looking over my
0:54:13 books and I can’t even
0:54:14 tell you how many
0:54:16 thousands, thousands of
0:54:17 dollars that I have
0:54:19 wasted on not, I’m not
0:54:20 talking about buying like
0:54:21 20 domains that I
0:54:21 ultimately didn’t use.
0:54:22 I’m talking about buying
0:54:24 one or two or three
0:54:26 premium domains that
0:54:27 were thousands of
0:54:28 dollars for figures from
0:54:30 GoDaddy that at the end
0:54:31 of the day, I either
0:54:33 didn’t end up using or it
0:54:34 didn’t really pan out or
0:54:35 after I had bought the
0:54:36 domain, but then I got to
0:54:38 writing the website copy and
0:54:40 sort of realized the angle
0:54:41 that I was kind of going
0:54:42 for isn’t really going to
0:54:42 work.
0:54:43 What was your most
0:54:44 expensive domain?
0:54:46 My most expensive domain
0:54:49 ever was evergreenmachine.com
0:54:51 and I loved it so much
0:54:53 because of the cool rhyme.
0:54:54 It was simple and this is
0:54:56 when I was doing
0:54:57 evergreen marketing.
0:54:58 Like evergreen webinars
0:55:00 and like sales funnel type
0:55:00 of stuff?
0:55:01 Uh-huh, exactly.
0:55:03 And it was a very, I don’t
0:55:03 even want to tell you how
0:55:04 much it was.
0:55:05 It was so expensive.
0:55:06 And I did use it for
0:55:07 several years, but
0:55:08 ultimately at the end of
0:55:10 the day, like I just, I
0:55:12 could have built the same
0:55:14 platform on something else
0:55:15 and it would have been, or
0:55:15 I mean, could have just
0:55:17 bought the non.com version.
0:55:17 I could have just like
0:55:19 bought the .net or .co,
0:55:20 which I know, I know.
0:55:22 Like we all want the .com.
0:55:22 I do too.
0:55:23 Yeah, it’s like premium
0:55:24 digital real estate.
0:55:26 I know, I know.
0:55:26 But I think in the
0:55:27 beginning though, before you
0:55:28 have proof of concept,
0:55:29 like before you’re really
0:55:31 bring, you don’t even have
0:55:31 necessarily a minimum
0:55:32 viable product yet, or
0:55:33 you haven’t tested the
0:55:34 waters to like see if this
0:55:35 is going to have it, you
0:55:36 know, legs, if it’s
0:55:37 really going to like
0:55:39 actually stick with you
0:55:40 for, for years or
0:55:40 you’re really going to
0:55:42 be able to monetize it.
0:55:44 So my recommendation is
0:55:45 think long and hard about
0:55:46 the name and try to pick
0:55:48 something that you can
0:55:49 either get the .com
0:55:49 version when it’s not
0:55:51 premium 20 bucks, you
0:55:52 know, a year is like what
0:55:52 it should be, right?
0:55:55 But if you can’t, don’t
0:55:56 get so excited and buy
0:55:58 that four figure domain
0:55:59 before you’ve even ever
0:56:00 sold something because
0:56:01 now you’re just starting
0:56:03 in the red before you’ve
0:56:04 even really got up and
0:56:05 going.
0:56:06 That’s my opinion based
0:56:07 on personal experience.
0:56:09 I will, I will not be
0:56:09 doing that again.
0:56:11 No, this is, this is
0:56:11 great.
0:56:12 That came out of left
0:56:13 field, but we could talk
0:56:14 domain names in the
0:56:15 graveyard of GoDaddy
0:56:16 registrations.
0:56:17 And it’s like, well, that
0:56:18 project never went
0:56:19 anywhere or just never
0:56:20 dedicated the time to
0:56:21 that.
0:56:22 My most expensive is not
0:56:23 thousands, but it was
0:56:24 made two or three hundred
0:56:26 for like start my
0:56:27 side hustle.com or
0:56:28 something, something
0:56:28 side hustle related.
0:56:30 Side hustle nation was
0:56:30 already registered.
0:56:32 And so I had to pay, it
0:56:32 was only like a hundred
0:56:33 bucks.
0:56:34 Just approached the
0:56:35 previous owner of it.
0:56:36 But sometimes you get
0:56:37 married to that idea and
0:56:39 it is, it’s digital real
0:56:40 estate.
0:56:41 So, you know, hold on to
0:56:42 it long enough and pay
0:56:42 that registration fee.
0:56:44 Somebody else with an
0:56:45 evergreen machine, I
0:56:45 thought it was going to
0:56:47 be like a machine shop
0:56:48 in the Pacific Northwest.
0:56:49 Like we have like
0:56:50 evergreen fill in the
0:56:51 blank name of company.
0:56:52 It’s like super common
0:56:52 up here.
0:56:54 So somebody in the
0:56:55 Northwest will buy that
0:56:55 from you at some point.
0:56:56 Yeah.
0:56:59 2016 tip was related to
0:57:00 online courses and it was
0:57:01 to provide value, make it
0:57:04 a no brainer for, for
0:57:05 customers was like, just
0:57:07 I think it was in the
0:57:09 context of giving away so
0:57:09 much value for free.
0:57:10 Well, I can’t wait to
0:57:11 see what’s behind the
0:57:12 paywall.
0:57:13 I’ve built up so much
0:57:13 trust and authority and
0:57:15 credibility that, you
0:57:16 know, it’s a no brainer
0:57:16 for somebody to click that
0:57:18 buy button and, uh, and
0:57:19 keep doing business with
0:57:19 you.
0:57:20 I stand by it.
0:57:21 That’s excellent advice.
0:57:22 Pat myself on the back
0:57:23 for that one.
0:57:23 Yeah.
0:57:25 2016 Bailey was smart.
0:57:27 Well, I think it totally
0:57:28 applies to our conversation
0:57:29 here as well.
0:57:29 You know, everything we’re
0:57:30 talking about building the
0:57:31 know, like, and trust.
0:57:32 And I’ll just say this
0:57:33 related to that.
0:57:35 You know, so many
0:57:36 people, I think in the
0:57:37 travel advising space, I
0:57:39 have heard do get a little
0:57:40 frustrated sometimes that
0:57:41 now that they haven’t been
0:57:42 known as the go-to expert
0:57:44 for so long, giving away
0:57:45 their expertise, now
0:57:46 they’re going to monetize
0:57:46 it.
0:57:48 People still come to them
0:57:49 and say, oh, do you have
0:57:50 any recommendations for
0:57:51 Cancun or something like
0:57:51 that?
0:57:52 And then the travel
0:57:53 advisor, now a new
0:57:54 business owner, is kind
0:57:56 of like, well, I want to
0:57:57 gatekeep because if I just
0:57:58 give everything to you,
0:57:59 you’re going to book on
0:58:00 your own and that’s not
0:58:01 how this works anymore.
0:58:02 And I’m, you know,
0:58:02 creating a new business
0:58:04 model and I need people
0:58:04 around me to understand
0:58:05 that.
0:58:05 Yeah.
0:58:06 I totally, I totally get
0:58:07 that perspective.
0:58:09 Here’s my view on it.
0:58:10 I think two things.
0:58:11 First of all, communicate
0:58:13 how your business now
0:58:14 works, right?
0:58:15 And say, hey, you know, I’m
0:58:16 more than happy to share
0:58:18 with you everything I know
0:58:20 about Cancun, but if you
0:58:21 wouldn’t mind, you know,
0:58:22 could I help you with your
0:58:24 bookings because this is
0:58:25 how I get paid?
0:58:26 Because I just think
0:58:26 sometimes people aren’t
0:58:27 aware, right?
0:58:28 So they don’t realize
0:58:30 how you as the travel
0:58:31 advisor are missing out.
0:58:33 So I think that’s one
0:58:33 thing.
0:58:34 And then through that,
0:58:36 you can delight them,
0:58:36 right?
0:58:37 You can get them that
0:58:38 perks at the hotel they
0:58:39 weren’t expecting, put a
0:58:40 welcome, you know, gift of
0:58:41 champagne or something if
0:58:42 the hotel will work with
0:58:43 you on doing something
0:58:44 like that inside the room
0:58:46 when they arrive, you
0:58:47 know, those welcome
0:58:48 gifts can go so far.
0:58:48 And then make them
0:58:50 realize how working with
0:58:50 you in the future on
0:58:52 every trip is a no-brainer.
0:58:52 So I think that’s the
0:58:53 first part.
0:58:54 But the second part is,
0:58:56 it’s just like advice I
0:58:57 gave in 2016.
0:58:59 Just give so much
0:59:00 advice and value and
0:59:02 make yourself known as
0:59:03 the go-to person.
0:59:04 I think people get
0:59:05 hung up, especially
0:59:07 service providers, on
0:59:08 turning every lead into
0:59:09 a client.
0:59:10 Like they want a
0:59:10 hundred percent
0:59:12 conversion rate, right?
0:59:13 And that, in any
0:59:14 business, that’s not how
0:59:14 it works.
0:59:15 But in this business,
0:59:16 it’s not how it works
0:59:16 either.
0:59:18 Some people are just
0:59:19 ultimately, you know,
0:59:20 not going to be a
0:59:20 client.
0:59:21 Give them advice anyway
0:59:22 because word gets
0:59:23 around, right?
0:59:24 So you want, maybe
0:59:25 they’ll refer you to
0:59:27 somebody else and
0:59:28 they’ll become your
0:59:28 client.
0:59:30 And it comes down to
0:59:31 tapping into your
0:59:32 network’s network in a
0:59:32 lot of ways, especially
0:59:33 early on, where you can
0:59:35 occupy that little sliver
0:59:36 of brain space.
0:59:37 Or if somebody’s going
0:59:38 to Cancun or Egypt or
0:59:39 Japan or, you know,
0:59:41 they know, like, oh, I
0:59:42 know somebody who is
0:59:43 great at that.
0:59:44 They can help you.
0:59:45 And like, you’re trying
0:59:46 to get those referrals or
0:59:47 that word-of-mouth engine
0:59:48 spinning in your favor.
0:59:49 So I really like this
0:59:51 call to have some
0:59:53 semi-well-defined niche
0:59:54 or specialization where
0:59:55 it becomes easy to
0:59:56 make that referral and
0:59:57 that goes for just
0:59:58 about any service-based
0:59:58 business.
0:59:59 Different ways we
1:00:00 talked about to
1:00:01 establish that trust
1:00:02 and credibility and
1:00:04 meet your target
1:00:04 customers in their
1:00:06 natural habitat, hosting
1:00:07 workshops, going to
1:00:09 these bridal events
1:00:09 targeting the honeymoon
1:00:11 crowd, and then
1:00:12 potentially targeting a
1:00:13 higher-end, potentially
1:00:14 older demographic that
1:00:15 doesn’t want to do it
1:00:15 themselves.
1:00:16 They want that easy
1:00:16 button.
1:00:17 They want everything
1:00:18 handled, taken care of.
1:00:19 It’s like, I’ve been
1:00:20 saving for this trip for
1:00:20 a long time.
1:00:21 I want to make sure
1:00:23 that it goes well, or
1:00:23 it’s a complicated
1:00:24 itinerary, multiple
1:00:26 family members coming
1:00:27 in from multiple
1:00:27 locations.
1:00:28 There’s a lot of
1:00:29 resources for the
1:00:30 do-it-yourselfers, but
1:00:31 it also takes a lot
1:00:32 of time, as we’ve
1:00:33 learned firsthand with
1:00:34 this Japan planning
1:00:35 trip, which thankfully
1:00:36 my wife has taken
1:00:37 most of the reins on
1:00:37 that.
1:00:39 But it’s like every
1:00:40 evening, it’s like more
1:00:40 and more trying to
1:00:41 chip away at it.
1:00:42 So lots of different
1:00:43 ways you can go with
1:00:44 the travel advising
1:00:44 business.
1:00:45 We’ll link up
1:00:46 Bailey’s resources in
1:00:47 the show notes for
1:00:48 you for this episode.
1:00:50 Your listener bonus
1:00:51 for this week is my
1:00:52 big list of 101 service
1:00:53 business ideas that you
1:00:55 can apply some of
1:00:56 Bailey’s tactics to.
1:00:57 Maybe travel’s not
1:00:57 your thing.
1:00:58 Well, hey, we just
1:00:59 opened up the playbook
1:01:00 for lots of different
1:01:00 niches that you might
1:01:02 be able to use some of
1:01:02 these same marketing
1:01:03 ideas for.
1:01:04 You can follow the
1:01:05 show notes link in the
1:01:06 episode description and
1:01:07 it’ll get you over there.
1:01:09 Big thanks to Bailey for
1:01:10 sharing her insight.
1:01:11 Big thanks to our
1:01:12 sponsors for helping
1:01:13 make this content free
1:01:13 for everyone.
1:01:14 You can hit up
1:01:15 sidehustlenation.com
1:01:16 slash deals for all
1:01:17 the latest offers from
1:01:18 our sponsors in one
1:01:18 place.
1:01:19 That’s it for me.
1:01:21 Thank you so much for
1:01:21 tuning in.
1:01:22 If you’re finding value
1:01:24 in the show, help
1:01:24 spread the word.
1:01:25 Fire off that text
1:01:26 message to that travel
1:01:27 obsessed friend of
1:01:27 yours.
1:01:28 We all know that
1:01:28 person, right?
1:01:29 Let them know.
1:01:30 Hey, here’s a way to
1:01:31 get your next trip paid
1:01:31 for.
1:01:32 Until next time, let’s
1:01:33 go out there and make
1:01:34 something happen and
1:01:35 I’ll catch you in the
1:01:36 next edition of the
1:01:36 Side Hustle Show.
What if you could turn your love of travel into an extra income stream and build a travel advising side hustle that fits your life?
Bailey Richert is back on the show to pull back the curtain on how you can do it too.
You might remember Bailey from one of our early episodes, where we talked about building an online course business. Today, we’re switching gears to talk about her newest side hustle: helping people plan epic trips as a travel advisor.
Bailey runs UnlistedTravel.com and MakeTravelYourJob.com, and she’s managed to create a flexible, low-overhead business doing something she’s genuinely passionate about.
Listen to Episode 670 of the Side Hustle Show to learn:
- how travel advisors actually get paid
- what it takes to set yourself up for success in this field
- creative ways to find clients
Full Show Notes: $1000/mo Helping People Plan Trips: Inside the Travel Advising Side Hustle
New to the Show? Get your personalized money-making playlist here!
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