Author: The Side Hustle Show

  • 674: How to Make $500/day as a Personal Chef

    AI transcript
    0:00:05 500 bucks a day from work you love. What’s up? What’s up? Nick Loper here. Welcome to
    0:00:09 The Side Hustle Show, where it’s all about ideas, action, and results toward building
    0:00:13 extra income streams. Fun one for you today, where my guest took her passion for cooking,
    0:00:20 turned it into a six-figure business. From chefjessica.com, Jessica Leibovitch. Welcome
    0:00:21 to The Side Hustle Show.
    0:00:23 Hello. Thank you for having me.
    0:00:27 Excited for this one. Stick around in this one. Even if you don’t know a saucepan from
    0:00:31 a spatula, we’re covering how to get clear on what kind of service niche you could offer,
    0:00:37 creative ways to get clients, and the different revenue streams that one skill can turn into.
    0:00:42 So, Jessica, my understanding is you’re working in catering, you have some culinary background,
    0:00:47 and then there’s this switch that flips. Maybe I could take this skill freelance. Maybe I can go
    0:00:52 solo. Maybe I could get a personal chef type of client. Can you talk me through your first time
    0:00:55 getting paid for this type of work as a personal chef?
    0:01:02 Yeah. My background was in catering. I was very young, working very hard, burnt out in my early
    0:01:08 20s. And someone told me, oh, have you heard about being a personal chef? You might be really good at
    0:01:14 this. And I looked into it and I thought, I would be really good at that. I was still working. I just
    0:01:21 decided to take a client on the side and I made in one day what I was used to making pretty much for
    0:01:21 the whole week. Wow.
    0:01:28 So, yeah. So being young and naive, I quit my job with no exit plan. I would not recommend that to
    0:01:36 anyone, but that’s what I did at 22. So, and I’ve been doing it ever since. I’ve been a personal chef
    0:01:38 now for 25 years.
    0:01:40 Okay. How’d you find that first client?
    0:01:45 It was through word of mouth, through some recommendation in the community. Most of my
    0:01:50 clients in the beginning were word of mouth. But when I initially started my business, I created a
    0:01:58 press release for a local community newspaper in a sort of an upper class neighborhood. And they loved
    0:02:04 it. They ran with it because I wrote the story for them. And that really got the momentum going in my
    0:02:10 business. Because as a personal chef, you really only need a few clients. And once you have a few
    0:02:13 clients, word of mouth starts to spread.
    0:02:18 Oh, I love this example. How big of a newspaper are we talking here? Like, you know, neighborhood
    0:02:20 specific, city specific?
    0:02:25 Yeah. No, a small one. You know how when you go into a coffee shop and they have the free papers there?
    0:02:25 Yeah.
    0:02:30 Those are the papers that I would send my press release to because those are the community papers. They
    0:02:37 usually feature people in the community. And people love to read them and they want feel good stories. So
    0:02:43 someone suggested it. And it’s really such a great way to get clients as a personal chef because it builds
    0:02:45 trust and it’s free.
    0:02:50 You write your own marketing material. This is good. Do you remember what it said? Like, Chef Jessica,
    0:02:52 you know, now open for business or something?
    0:02:58 Well, what I always tell people is you have to tell a story and market yourself without marketing
    0:03:04 yourself. So basically, you show the problems that you’re solving. At the time, I was showing a family
    0:03:10 in the community where I was really helping them. One of the family members had an allergy and the other
    0:03:17 family members were having a hard time kind of eating around those specifications. And this was all new
    0:03:23 for them. So I helped them. So now you do have to make your angle a little bit different. You can’t
    0:03:28 just be like, oh, I’m a new personal chef in the area. You want to show how are you really helping
    0:03:35 your community and what challenges are you solving for your clients? Like a unique spin on it. And a lot
    0:03:40 of times they will pick it up because if you think about it, these journalists have to constantly come up
    0:03:46 with news and articles. And if you give them something that’s nicely done, why wouldn’t they
    0:03:46 use it?
    0:03:53 Sure. So like there seems to be just recently a lot of press around food dyes and the danger. So it’s
    0:03:58 like you could be like how to have a dye free, you know, kitchen or something like that.
    0:04:03 Yeah. I mean, clean food is such a big thing now and just take, you know, seed oils, eliminating things
    0:04:10 out of your diet. Adding red meat back in is really popular as well. So helping people do
    0:04:16 those changes. There’s a lot of different things. It really depends on the chef and where their
    0:04:17 strengths lie.
    0:04:23 Yeah. This was one of the pages out of the 1-800-GOT-JUNK playbook where we’re talking with
    0:04:27 Brian Scudamore, the CEO. And early on, he just bought a thousand dollar pickup truck and started picking
    0:04:32 up. John started taking on very few clients, but initially…
    0:04:33 Solved a big problem.
    0:04:37 Solved a big problem and then pitched it to the local paper because it was like,
    0:04:41 hey, high school student or college student, you know, creates his own summer job. And,
    0:04:46 you know, it was a unique feel good type of story. Hey, young entrepreneur does good. But by virtue of
    0:04:50 that, and of course, the picture that he submits is like him with the side of his truck with the phone
    0:04:55 number like emblazoned on the side. It’s like starts getting all of these calls after the fact. It’s
    0:04:59 like trying to figure out, like to your point about the seed oils or the allergy specific,
    0:05:04 like what’s the broader trend that’s going on? Like how can you, in Brian’s case, like in a slow
    0:05:08 job market, you know, local teen creates his own income stream. So like what’s the…
    0:05:13 Yeah. What’s the angle? What’s the, you know, what’s the hook? I actually, in my, in my academy,
    0:05:19 my business in a box for chefs, I give them a sample press release and a press release guide because
    0:05:24 I feel like it’s so important as a personal chef to be able to get yourself out there in the press
    0:05:30 because, you know, everybody wants to pay for marketing or do ads, but we have such a short
    0:05:37 attention span and people also have such a strong distrust of ads that when you see someone in a
    0:05:43 newspaper, it really, you’re able to trust them and you have an attention span that’s a little bit
    0:05:46 longer than an ad. So it’s just much more effective.
    0:05:50 Yeah. Especially targeting, you know, there’s, there’s some level of assumption that the journalist
    0:05:55 has done some level of vetting. So there’s like, you, you’ve kind of skipped the line in a lot of
    0:05:55 cases.
    0:06:01 And they do. Most of the times they do. They’re not just going to publish it without speaking to you.
    0:06:06 And again, sometimes you need to follow up with them. I mean, I’ve sent my press releases out where
    0:06:11 they have not responded. And then I followed up and they’re like, oh yeah, we do want to do that
    0:06:16 article on you. We just got busy. And then they end up publishing it. So, you know, sometimes you
    0:06:18 have to be a little bit forward.
    0:06:24 The one advantage that I see of this type of business is it seems ripe for recurring revenue,
    0:06:29 potentially long-term recurring revenue, where if a family gets used to having a personal chef,
    0:06:34 like probably a luxury expense in a lot of cases of targeting a more affluent audience.
    0:06:38 Sure. But like, once I get used to it, it’s like, I can’t imagine going back to cooking for myself
    0:06:41 again, right? It’s like, they could keep you on the, on the payroll here for, for months and months
    0:06:42 or maybe years.
    0:06:46 Exactly. I’m glad you mentioned this. This is a huge pillar of what I teach. There’s
    0:06:53 sort of three pillars and it’s consistent income, work-life balance, and a high level of service.
    0:07:00 And you’re only able to have consistent income if you give that high level of service and it,
    0:07:06 you do, you become indispensable to your clients. And I think one of the nicest things one of my
    0:07:11 clients ever said to me was that I was like part of the furniture, which I took as a compliment.
    0:07:14 Not that we’re going to like walk over you like a rug, but yeah.
    0:07:19 Yeah, exactly. You know, when I went to renew my contract with them and raise my price, they were
    0:07:24 just like, yeah, you’re not, you’re not going anywhere. But you have to be in there and solve the
    0:07:29 problem and understand them and be able to give that high level of service and really care about
    0:07:35 them and their goals because their success is your success. And it’s the people who have that heart
    0:07:41 who are successful at being a personal chef. It’s not necessarily the people who are amazing chefs.
    0:07:47 I’ve been a chef for a long time. I was trained in France and I have a culinary arts degree, so I have
    0:07:53 the whole background. And the funny thing is my clients almost never asked me about it. Most of
    0:07:58 them have no idea where I went to school. Yeah. And a lot of times I don’t even use these skills because
    0:08:02 the food they want is so simple. Yeah. When you were starting out, did you have
    0:08:10 a niche in mind of like, I’m going to focus on organic or vegan or allergy free or like trying
    0:08:16 to serve like, hey, I’m the go-to person for these specific dietary needs?
    0:08:22 Well, I started so long ago that special diets were not as common back then. And because my background
    0:08:28 was in fine dining, that was really where I went to. And my clients were aligned with that in the
    0:08:34 beginning. They wanted really yummy food. I was making things like lasagna or, you know,
    0:08:41 I would make roasts and gravies and things like that. And I still occasionally will have a client like
    0:08:47 that, although it’s very rare. But what happened was, I think it was my first time I got a client.
    0:08:55 She was a single mom with cancer. And, you know, I just was so invested in her eating well. I think
    0:09:01 I was probably more invested in it than she was. And so once you have somebody like that and you’re
    0:09:06 helping somebody like that, if you really are passionate about what you do, it sort of just
    0:09:13 gravitates where I just started helping more people like that with health challenges. And because I could
    0:09:21 put that focus and time and attention into each client, I was able to really develop a relationship
    0:09:26 with them. And that’s where you will get that indispensability is when you have that long-term
    0:09:34 relationship with a client. So I did sort of go in the direction of health challenges because I just
    0:09:37 felt like there was such a need and those people really needed a chef.
    0:09:44 I imagine it’s becomes somewhat more competitive. But even in Googling near like your personal chef near
    0:09:49 me, your personal chef, Sammamish, I see some like catering companies that pop up.
    0:09:55 People are very confused. The problem is, is what I’m doing a lot of there used to be a lot of us.
    0:10:02 But what’s happened now is everybody wants to be a meal prep or a caterer because they don’t
    0:10:07 understand how to make a career and income out of being a personal chef, because it is very specific.
    0:10:12 You do have to be able to give the high level of service to be able to give that time and attention
    0:10:19 and, you know, really understand what your clients need. And so a lot of people don’t want to do that.
    0:10:25 And so they will do the meal prep. But what happens is a lot of times they will burn out because
    0:10:33 it’s a lot of work. It’s exhaustion. You’re working weekends. You’re working evenings. You’re working
    0:10:40 holidays. Personal chef is a Monday through Friday schedule. You’re typically working 9 to 5. And if you
    0:10:48 have five weekly clients, you’re maxed out. And if you have 10 biweekly clients, you’re maxed out. So it really
    0:10:54 depends on how you schedule it. So that’s why it’s not as competitive, because it’s very specific niche that
    0:11:00 not a lot of people do. And a lot of people decided, oh, I want to do meal prep or I want to I’m a personal
    0:11:07 chef, but I actually have chefs working under me. So if somebody is a personal chef, but they have
    0:11:11 chefs working under them, that’s really not a personal chef, because how can they give that
    0:11:17 one on one high level of service that the client needs with somebody working under them doesn’t
    0:11:23 quite work the same. So it is a one on one solopreneur type business.
    0:11:27 Yeah, it’s like a personal chef agency, semi personal chef.
    0:11:33 A lot of people are doing that. I’ve tried it kind of like hiring people. But I feel that the
    0:11:39 quality was lost. And what happens is instead of giving that time and attention to your clients who
    0:11:42 are paying you for it, you end up giving it to your team.
    0:11:48 Yeah, there’s pros and cons to it. Obviously, the advantage being you’ll free up your time in theory
    0:11:54 from doing the direct, you know, one to one type of client work, how to expand beyond kind of the
    0:11:59 natural capacity. Like you said, if I can do this only five days a week, and especially if I’m doing
    0:12:04 it as a side hustle, maybe I only want to do it one day a week. And now here’s a chance to free some of
    0:12:05 that up.
    0:12:09 And there are ways you can do that. I mean, my team personally is like my bookkeeper,
    0:12:17 my CPA, I have somebody who supports me with VA stuff. But as far as my relationship with my clients,
    0:12:18 that’s all me.
    0:12:24 Yeah, what’s typical in terms of pricing here? In terms of how, how much can you charge? Or how much
    0:12:25 how much are people paying for personal chefs?
    0:12:33 So for me, personally, it’s about 650 plus groceries per day. And I’ve, I’ve worked my way
    0:12:40 up to that. But that’s very, that’s not on the extremely high range. That’s about average for a
    0:12:40 lot of chefs.
    0:12:44 And that’s not one day’s worth of food. That’s like a week or two weeks.
    0:12:47 Oh, no, that so that would give them about a week’s worth of meals.
    0:12:52 Okay. That’s like, hold on. That’s like a really, really nice restaurant. Yeah.
    0:12:58 Yeah, no, not per meal. So so that’s my revenue for the day. And and to be honest,
    0:13:02 it’s more than one day, because a lot of times I’m planning the night before I’m shopping that
    0:13:09 morning, I’m cooking. So so if I have a weekly client, I typically will bring in at least $2,500
    0:13:17 from that client a month. So if I have four weekly clients, that gets me to 10,000. Now, the way that
    0:13:25 if somebody is just starting out, I typically suggest they start at the $500 rate and because
    0:13:30 they’re a lot of times they’re more comfortable with that. It’s easier for them to sell until they
    0:13:37 get really comfortable with pitching their value. But at $500 plus groceries, if they have five clients
    0:13:40 a day, that’s 10,000 a month or five clients a week. Excuse me.
    0:13:47 Okay, you have five clients a week. Got it. And so yeah, they come in do the weekly, weekly prep
    0:13:52 on a Monday or, you know, on a Saturday, if you’re doing it as a side hustle.
    0:13:57 Yeah. So they basically prep like a week’s worth of meals. It’s all customized. They leave them
    0:14:01 packaged for them. And then, you know, they come back the following week and and do it again. And
    0:14:06 they get feedback from the clients. Usually people are doing once a week or once every two weeks.
    0:14:12 Okay. And if they do once every two weeks, it’s actually very affordable for, so it’s not just
    0:14:19 for, you know, the upper class or the wealthy. You’re able to really market to just professionals
    0:14:20 who really need support.
    0:14:26 Yeah. I’m trying to think of, you know, putting yourself in the client’s position, which was going
    0:14:30 to help your marketing is, you know, what are you, what are you really buying? It’s like on the surface,
    0:14:34 you’re selling food, but you’re really, okay, what am I buying as the customer? I’m buying back my time.
    0:14:40 I’m buying back my mental load of having to do me, just think about what’s for dinner this week.
    0:14:44 Honestly, I like to say they’re buying a transformation because some of the chefs don’t
    0:14:48 understand this because they think I mean a transformation in their health, but I don’t like,
    0:14:56 and you probably know this because when you up level in life and you’re able to offload or outsource
    0:15:01 some of your challenges, you transform things. You transform the way you react to things.
    0:15:05 You transform your relationships because you’re able to breathe and focus your attention on other
    0:15:11 things. And so that’s really what you’re selling is you’re selling that whole package of a support
    0:15:17 system. It’s not just I’m cooking for you. And that’s why when my client told me that I’m part of
    0:15:22 the furniture, I took it as a compliment because it is like a support system. It’s like I’m always there
    0:15:28 for them. They know that I’m always going to be there to help them and they need me. So that’s kind of
    0:15:33 how you have to look at it more than I’m just saving you time and cooking for you, because
    0:15:35 if that’s all they wanted, then they could just get DoorDash.
    0:15:42 Sure, sure. More with Jessica in just a moment, including the most effective free and low cost
    0:15:45 marketing tactics coming up right after this.
    0:15:52 Yeah. Okay. So this is helpful on the marketing side. What are clients really buying? Hey, you’re buying
    0:15:56 a transformation. You’re buying a support system. You’re buying just the mental, you know,
    0:15:59 offloading. Yeah. And like you said, leveling up. Hey, what are the things I don’t have to
    0:16:04 think about? I don’t have to worry about anymore. I’ve got a team in place for this. Just like having
    0:16:08 a virtual assistant. Right. Like, Nick, think about it this way. Like, if you have a housekeeper,
    0:16:15 I’m not just paying for a clean house. It’s that whole support, the feeling of knowing it’s going to
    0:16:20 be taken care of. It’s off my shoulders. I get to come home and it feels amazing to come home to a
    0:16:26 clean house. I know she’s helping. It’s all of those things. It’s not just about the act. And I
    0:16:30 think that helps in your marketing because when you’re able to communicate your value and also
    0:16:35 really understand where your clients are struggling and how you can help, that’s going to help you
    0:16:39 kind of get that ball rolling and have them sign on.
    0:16:45 Do you find yourself making the same stuff week after week? Like if the client, if that family has a few
    0:16:50 favorites where they’re like, well, make sure to include that in this week’s menu or is it, does it
    0:16:53 have to, do you feel the pressure to like be constantly rotating?
    0:17:00 No. In fact, most people want a rotation. So most people want to eat the same things most of the time
    0:17:06 with a few new things sprinkled in. And think about it. Like, do you want to eat new things every single
    0:17:11 week? Probably not. You probably have your favorites that you enjoy. And so a lot of times what I’ll do is
    0:17:17 I’ll do three or four of the same things that I know they love and maybe try one or two new things.
    0:17:22 And then if they love the new thing, that goes on the rotation. So the longer you cook for someone,
    0:17:27 the more they find things that they love. But initially I do an assessment, try to play it
    0:17:32 really safe, just go with things I know they’re really going to enjoy. I don’t want to scare them
    0:17:38 too much. I want them to love the service from the beginning. And then once I get to know them better,
    0:17:42 then we sort of branch out and try new things. And you have it set up, it sounds like as a recurring
    0:17:49 monthly service, right? It’s $2,500 a month per customer. I come in every week and I do my thing.
    0:17:56 Any tools or tech that you use either on the recipe, the shopping side, the client, you know,
    0:17:58 recurring billing side, anything that we should know about there?
    0:18:03 Yeah, I use a lot of tech in my business. Well, first of all, there’s a there’s a lot of different
    0:18:09 recipe database programs that you can use. I have one that I call it’s called MasterCook that I love
    0:18:16 because it creates a shopping list for you. And it stores your recipes and you can add to your
    0:18:22 shopping list based on your recipe. This is very helpful for not forgetting things. Being a personal
    0:18:29 chef is a very low stress job. But the one thing that will stress you out is if you forget an
    0:18:35 ingredient and you’re ready to cook. So a program like that is really helpful to make sure that
    0:18:36 doesn’t happen. Okay.
    0:18:41 Some of the things that I do for my clients, I go above and beyond. So I will calculate macros
    0:18:47 for a client if they want. For example, if they say, Jessica, I need to make sure that this meal has 40
    0:18:53 grams of protein and 20 grams of fat. I will do that for them. And so I use programs for that. I
    0:19:01 have a program called macro stacks. It’s an app that I use. Okay. And I also just use spreadsheets and I
    0:19:08 will put their meals in the spreadsheet and calculate their meals for the day, depending on how I’ve had
    0:19:13 clients who were with me a few days a week where they’re on a very high retainer. I will do their
    0:19:19 macros for the whole week to make sure they’re on board. And so I need a really good tech for that.
    0:19:24 Just to clarify macros, we’re talking about grams of protein, fat, carbs.
    0:19:31 Right. So I’ll input all their food for them to make sure their meals are not going over and to
    0:19:36 make sure that my meals are staying within the proper macros. But yes, it’s protein, fat, and carbs.
    0:19:36 Got it.
    0:19:43 Is it typical to go shopping, bring all the stuff to the client’s house? Are you doing it at your
    0:19:48 place and then delivering it? Are you renting out a commercial kitchen space?
    0:19:53 Well, you could do all of that. So I always say don’t ever rent out a commercial kitchen space. That’s
    0:19:59 a waste of money. Typically, you’re going to either cook in your client’s home or you can cook in your
    0:20:04 own home and deliver. Now, if you cook in your own home and deliver, you just need to make sure that
    0:20:08 your client is aware of it and they’re okay with it. So you both are in an agreement.
    0:20:12 Do you need to have like a cottage kitchen license or food handlers or anything?
    0:20:16 No, you don’t because you’re not selling food to the public. It’s a service-based industry. So it’s
    0:20:22 not a permit-based industry. You’re not being overseen by the health department. That’s why I
    0:20:27 said you have to make sure that your client is in agreement. Now, if you’re telling your client,
    0:20:31 oh, I’m at a commercial kitchen and you’re really cooking at your home, that’s not okay. You have to have
    0:20:36 an agreement. Now, for me personally, I don’t really like cooking at my own home because it’s
    0:20:40 more work. You have to bring the groceries to your home, prepare, package up. I get distracted at my
    0:20:46 house. My clients have much nicer kitchens than I do. So I prefer to cook in their home. But a lot of
    0:20:51 times, like for example, my clients, if they’re sick or if they have a lot of kids at home or if they
    0:20:57 just had a baby or, you know, whatever it may be, I may cook at home. Or if it’s a one-time thing,
    0:21:03 like a gift certificate, you can do that. Another reason people do it is I have chefs who are in the
    0:21:09 corporate world and they are making their exit plan to be a personal chef. And so they’re doing the
    0:21:15 remote work at home and they picked up a client and they’re able to cook while they’re doing their
    0:21:20 breaks on their remote work and over the weekend and then deliver in the morning before their job
    0:21:26 starts. So this is how they’re they’re able to kind of segue out. Got it. Yeah. And you can imagine
    0:21:30 you can stack it up, you know, one client, two client, three clients, like it just lowers the
    0:21:34 height of the of the cliff that you need to jump off of to quit your job. That’s what I always suggest.
    0:21:40 Don’t do what I did. But yeah, if that way, if you have a couple of clients, you start to save money,
    0:21:45 you know, and once you gain the momentum as a personal chef, it doesn’t take as long.
    0:21:51 Once you start to get your marketing strategies dialed in and you build your list. I love Google
    0:21:57 ads, another way to get clients. So if you have a Google ad going, they’re going to deliver leads
    0:22:03 to you on a regular basis if you have a pretty good website. If people are searching personal chef near
    0:22:08 me or personal chef, you know, city name, then you want to make sure your ad shows up? Yes, because
    0:22:15 there’s no competition. There’s not, you know, there’s not 100 personal chefs. So typically if you have a
    0:22:19 Google ad for personal chef and someone is searching, they’re going to see your website.
    0:22:24 So it just increases your visibility. Like I said, I’m not a huge person who loves to pay for ads,
    0:22:28 but that’s just one that is really effective for personal chef.
    0:22:31 Yeah, I like that. That seems like a low, low budget. I mean, I can’t imagine there’s a huge
    0:22:34 search volume, but like you said, it doesn’t take a lot of clients. Like I only need one,
    0:22:39 you know, one taker to add potentially 2000 bucks to my bottom line.
    0:22:43 Yeah, $5 a day too is all the ad spend you really need.
    0:22:49 Okay. What else have you got on the marketing side? I think this is, it’s not going to take
    0:22:54 a ton. You probably not have to do all of these different marketing tactics to fill up your
    0:22:55 schedule, but what else?
    0:22:59 Strategic partnerships are really effective that are aligned with your strengths. You know,
    0:23:05 a lot of times people will think, oh, I’m going to go with a personal trainer. That’s not what I would
    0:23:10 consider a strategic partnership. What I would consider a strategic partnership is again,
    0:23:16 someone who you’re helping solve that challenge. So like a doctor or nutritionist is a good strategic
    0:23:22 partner because they will give their clients or patients a plan and just send them on their way and
    0:23:30 have no idea of how they’re going to do that. So a personal chef is that bridge between the plan
    0:23:36 and execution that really helps that customer have success. So they’ve been really great strategic
    0:23:43 partnerships. So a lot of times when I work with chefs, my homework will just be to find 20 strategic
    0:23:49 partners and reach out to them with an introductory offer. And a lot of times that is enough to just get
    0:23:51 your ball, the ball rolling as a personal chef.
    0:23:54 Can I pause on introductory offer? What do you, what’s an example of that?
    0:23:58 So an introductory offer of obviously like people aren’t going to want to jump in and pay
    0:24:04 $2,500 to somebody if they’ve never tried their service. So an introductory offer is a way, it’s a
    0:24:11 taste. It’s a way for people to get to try your food, your services, get to know you, start to build
    0:24:15 that trust and see if they want to take it further. It’s, you know, it’s just like any other relationship,
    0:24:21 you know, people aren’t going to ask to be exclusive on the first date. So you want to just kind of
    0:24:26 get to know and see, is this an alignment? Is this going to be good for both of us? And so an
    0:24:34 introductory offer is that, that ability. And by doing that, you have a crowd-pleasing menu that
    0:24:41 showcases your food in a way that is a little bit less work for you and maybe a little bit lower of a
    0:24:41 price point.
    0:24:46 Okay. And are you offering that to the doctors and nutritionists or you’re offering it as
    0:24:50 something that they can then in turn pass along to their, their clients?
    0:24:58 Yeah. And it could actually be offered to anyone or you could tailor them to the specific doctor or
    0:25:03 nutritionist, depending like if you have a doctor or nutritionist who focuses on, you know, let’s say
    0:25:08 they have a heart patient. So you want to gear it towards them, or you could have a general introductory
    0:25:13 offer. That’s going to be really up to each individual chef, how kind of dialed in they want
    0:25:18 to get. Okay. Yeah. So the nutritionist is going to say, Hey, you’re, we got your, we got your test
    0:25:24 results back. You need to improve your omega-3, omega-6 ratio. You need to add more lean protein to
    0:25:28 your, to your diet. And then they just send you on your way. So like, here’s a value add for them.
    0:25:33 And by the way, if you’d like a discounted sample from a trusted personal chef contact of mine,
    0:25:35 you know, give Chef Jessica a call.
    0:25:42 Exactly. Or she, she has a special introductory offer just for people in our office. And here it is,
    0:25:48 something like that. I mean, I love ChatGPT for helping me kind of fine tune my offers. A lot of
    0:25:55 times they’re very general, but if I can’t decide how I want to position it, it might help me. Okay.
    0:26:00 I have a nutritionist who specializes in this, and I really want to help her patients do this.
    0:26:05 Can you help me? And then it will help me kind of pinpoint that offer. And then I can fine tune it
    0:26:11 more towards my food and my messaging. But that’s just one way. Strategic partnerships are a really
    0:26:18 great way. I mentioned press releases. Just being visible in your community. So instead of posting on
    0:26:23 social media all the time where people have such a short attention span, getting out there and talking
    0:26:29 to people, going, like, I love going to senior centers. I will go, I’ll bring a healthy baked good,
    0:26:37 I’ll bring a healthy lunch salad, and I’ll talk to them for an hour or two. And it’s so fun. And it’s
    0:26:41 so rewarding. A lot of times I get paid a couple hundred dollars. I mean, it’s not a ton of money,
    0:26:47 but it’s enjoyable. It’s paid marketing. And you get them to sign up on your list. You always make
    0:26:53 an offer at the end. That’s one thing that chefs need to always do is make an offer at the end of when
    0:26:58 you’re talking or your demo. And if they don’t sign up, collect their emails, and then you can pitch
    0:26:59 your offers in the future.
    0:27:05 Okay. So the senior center is paying you to come in as the expert guest of the week?
    0:27:11 Yeah. Actually, a lot of places do. Like, wellness, places with wellness businesses that have wellness
    0:27:16 programs for their employees. Like, I used to go to the San Diego Zoo and the San Diego Wild Animal
    0:27:21 Park. They had a wellness program for their employees. And they would pay me to come in,
    0:27:24 and their employees would get points to come and watch me.
    0:27:29 Oh, okay. And you’re giving a presentation on how to make healthy food at home or something like that?
    0:27:33 Yeah. I think for them, it was healthy eating for the work week. And again,
    0:27:37 pitch my offer. I still have those, a lot of, this was probably like 15 years ago I went there
    0:27:42 for the first time. And I still have those people on my list that read my newsletter.
    0:27:48 Okay. Yeah. This is one of our favorite marketing tactics. First, the strategic partnerships that
    0:27:52 you mentioned on that, or like doing any sort of commission or ref share, like, oh, I’ll give you
    0:27:54 10% of the first month’s service or anything like that.
    0:28:00 I never have, honestly. I’m helping them really, their patients have success. So I don’t really feel
    0:28:06 like there needs to be a revenue share. Because again, then it’s also like making money, more money
    0:28:10 off of their patients when really we’re just trying to help them. And I think if you come from this
    0:28:13 business with a service mindset, you’re going to be a lot more successful.
    0:28:17 Yeah. We’ve seen it. We’ve seen it both ways. So just wanted to clarify, you don’t have to have
    0:28:23 like a paid affiliate relationship or partnership that way. And the other thing that you mentioned
    0:28:29 here was these kind of like low-key speaking gigs at the, you know, the corporate wellness event,
    0:28:34 you’re getting on their calendar, the senior center where you’re showcasing your expertise,
    0:28:39 you’re getting in front of a larger group of potential customers all at once. Of course,
    0:28:42 not everybody’s going to sign up. You don’t need everybody to sign up, but if they are going to
    0:28:46 hire the service, all of a sudden you jump the line, right? They’re not going to go to Google
    0:28:50 anymore. They’re just going to go straight to you. This is a really, really powerful, we’ve seen people
    0:28:56 do this, you know, in person, like lunch and learn, Hey, come learn about copywriting from, you know,
    0:29:02 the seven deadly SIDS you’re making with your website to, to doing it online partnerships,
    0:29:06 whereas, you know, invite your email list to this free webinar workshop, and we’ll teach you this
    0:29:12 skill and this really, really effective way to, to kind of jump the line and, and showcase some
    0:29:18 expertise. Yeah. I mean, it builds trust, I think. And as a personal chef, you really, they have to
    0:29:22 trust you because they’re bringing you into their home and they’re sharing a lot of personal information
    0:29:28 with you. And so by doing those things, for example, having the San Diego zoo and wild animal park,
    0:29:35 bringing me into their employees, it built trust. Their employees trust me and it, it sort of softens
    0:29:39 that relationship. But not only that, again, I talked about earlier how, you know, we have such
    0:29:45 a short attention span and to be able to really capture people’s attention span is where you’re
    0:29:50 going to get them. I mean, you know that you have a podcast where people are tuning in. It’s totally
    0:29:54 different than when people are scrolling, you know, and you have them for two seconds. So that’s why
    0:30:00 really being visible and getting out there in your community and showcasing your offers, showcasing your
    0:30:05 skills is always going to be more effective than posting on social media.
    0:30:08 Yeah. Fair. I like it. Anything else on the marketing side?
    0:30:14 Get comfortable with talking about what you do and telling people what you do, because a lot of people
    0:30:18 I work with, they just don’t talk about it or they don’t tell people and people don’t know. Having a
    0:30:24 elevator pitch or a tagline where you can describe your services very quickly is very helpful. But just
    0:30:30 getting more comfortable and confident is really what’s going to get you over the edge and be good
    0:30:33 marketing because nobody’s going to hire a chef that’s not confident.
    0:30:39 More with Jessica in just a moment, including the additional income streams she’s been able to build
    0:30:44 from this one skill beyond just cooking for clients one-on-one. That’s coming up right after this.
    0:30:51 Let’s talk about a potential way to scale because it’s like, okay, I can make great money doing
    0:30:56 something that I like. I could start doing it as a side hustle. It doesn’t take a lot of clients to
    0:31:01 really build up a meaningful income stream. But if I ever want to take time off, all of a sudden I’m not
    0:31:08 getting paid. If I want to try something else, I’m kind of potentially stuck in this trading time for
    0:31:16 money business. And is there, you know, what are some ways that you’ve seen where someone with a
    0:31:20 skill could branch out to some other creative revenue streams?
    0:31:25 Okay. Some of the things that I have done and I’ve seen chefs do is, you know, you look at the
    0:31:32 problems you’re solving for your clients right now and how can you help people who can’t afford your
    0:31:39 services on the same level. So one of the things that I will do is I would create a customized menu
    0:31:47 plan for people that has recipes, shopping lists. So it basically shows them how to be their own
    0:31:54 personal chef. You can start to release recipes. I have personally done a lot of consulting work.
    0:32:01 So I will do recipe development for companies such as like I’m making a developing a protein bar
    0:32:10 developing a healthy shaved ice. I have created a cookbook for a supplement company there. You can
    0:32:17 also do cooking classes, cooking classes online or in person. So there’s a lot of different ways that
    0:32:22 you can creatively create different income avenues as a personal chef.
    0:32:28 Okay. So these, these companies are coming to you to say, Hey, we saw you on social or we saw like,
    0:32:32 can you, can you help us put this together? Yeah. And believe it or not, they either find me through
    0:32:37 my website, which is primarily through looking for a personal chef. They’re not looking for a research
    0:32:43 and product development chef. I can tell you that because I know my keywords and also through my
    0:32:49 personal chef clients. So a business partners of my personal chef clients will say, Hey, Jessica,
    0:32:54 I’m really interested in making this. Do you think you could help me? So that’s just things that have
    0:32:59 come to me because I’m open to them. And I talk to people about these types of business situations,
    0:33:07 but I think that people being open to helping people with eating healthy in new ways. So it’s not just
    0:33:13 about, Oh, can I cook you a healthy dinner? There’s think about it’s problem solving. I mean, I can’t answer
    0:33:21 how, you know, chef Dan in Idaho should, should align his business to the highest level, but I know there’s
    0:33:28 a way for him to do it. Right. I like this, um, this kind of reframe or this, this, um, exercise of,
    0:33:33 you know, what can I create for the people who can’t necessarily afford my one-on-one services and then
    0:33:38 parsing out using those same skills. Oh, it could be the recipe development. It could be the meal planning.
    0:33:45 It could be, you know, the group, uh, cooking classes or the hosted dinner party. Like there’s,
    0:33:48 um, eat with, or was, you know, I came across one of these sites where I was like, you know,
    0:33:54 host this dinner party. It was like a cool experience type of thing, kind of a sample almost of your work,
    0:34:00 but, you know, allows you to serve lots of people all at once versus just the one, uh, one-on-one
    0:34:04 client. Yeah. Ideas are popping into my head as we’re talking. Like I’m thinking, Oh, you could,
    0:34:10 you could create a dinner party master plan where you teach somebody how to create a four course
    0:34:14 dinner party in their home. I mean, there’s so many different things that you could do. You have to
    0:34:21 take what your skill is and what do you like to do, but especially now with AI, it’s much easier to do
    0:34:26 these digital things as a chef, because a lot of times in the past, they didn’t necessarily have
    0:34:32 those skills, but it’s easier now. And it’s something that I’ve done for at least 10 years now,
    0:34:39 been doing the digital side for my chef clients where I sell menu plans and recipes and cookbooks
    0:34:45 and things like that. And it’s great because it allows me to connect with people all over the
    0:34:49 country and the world that I would not normally have as clients. Yeah. What do you charge for the
    0:34:54 menu, menu planning or something like that? If it’s 500 bucks a day or 600 bucks a day to have you come to
    0:34:59 my house? It’s not cheap. It’s usually starts at like 150, but it’s quite a bit. It’s, it’s very
    0:35:04 extensive and it’s customized and it’s something they have forever. And it always comes with my
    0:35:08 support. I always want to support people with anything they purchase of mine. So I always tell
    0:35:14 the chefs as well, you know, provide that support and people will keep coming back. Another thing I did,
    0:35:18 which is interesting. So one of the things that I teach people is offer and visibility, create the
    0:35:23 offer and be visible. That’s how you get the clients. So I created an offer during a slow time
    0:35:29 called the soup trio. And basically this was for my local clients and I did, it was three
    0:35:36 plant-based soups and it was sort of like a detox. But what I did was I sent it out to my whole list
    0:35:41 as an option of either you could purchase the soup or you could purchase it as a digital download.
    0:35:47 So you could get all the recipes for the soups that had the shopping list. So if they wanted this
    0:35:52 detox or this cleanse at home, they’re able to do that. And I think I sold that for like
    0:36:00 $30 or something very low. But that was a way to showcase what I did. But it was no more work for
    0:36:04 me because I was already doing it for my regular clients. I already had to create all of that stuff
    0:36:05 anyway.
    0:36:11 Yeah. Do you do any of the group classes? I’m thinking is when we travel, I think we did one of
    0:36:16 these in Thailand where I don’t know if it showed up on TripAdvisor or like some other friends had
    0:36:21 gone and said, oh, you got to do this while you’re there. I mean, anything like that through Airbnb?
    0:36:27 Yeah. So I didn’t mention this in the marketing. Airbnb has connections. So they reached out to me
    0:36:34 and I’m sure any chef could do this. They have an elevate part of their services where you can post
    0:36:39 something that you want to provide, a service that you want to provide. If you want to do a
    0:36:46 fancy picnic or a cooking class, you post that in the Airbnb elevate area and then people searching
    0:36:52 for services like that will see it. As a personal chef, there are a lot of apps and companies that
    0:36:59 want to market with you. There is Cozy Meal, which does cooking classes. So people will sign up on their
    0:37:05 app and book a cooking class through you. Airbnb, a lot of places. So you can kind of hand off the
    0:37:09 marketing in some aspects if you like to do events like that.
    0:37:15 Yeah, I think this is really interesting. When we were trying to shop for a place to do our annual
    0:37:21 Friendsgiving and we’re looking for AirBbs or houses to rent in Mexico. And it seems like a lot of the
    0:37:26 hosts, the owners of these places had relationships with local chefs. We’re like, and if you don’t want
    0:37:32 to bring, you don’t want to deal with going out or you don’t, we could bring in our partner chef to
    0:37:36 prep three meals a day for you. It would be an extra hundred bucks a day or something. It was like
    0:37:41 different currency, cost of living, everything else. But it was a unique value add where if you have
    0:37:46 some strategic partnerships, if you’re in a tourist area, you don’t necessarily want to do the full
    0:37:52 weekly thing, but you’d be open to doing it every now and again when the requests come in. I could see
    0:37:57 that being a thing too. Yeah. I mean, nobody wants to go out every single night when they’re going out
    0:38:03 to eat. So it’s actually a really great service. I don’t do this as much anymore, but I used to spend
    0:38:09 a lot of time or a lot of events doing vacations because I live in an area where a lot of people
    0:38:13 come in for vacation in the summer. And so a lot of my clients would travel during the summer. So it
    0:38:18 allowed me to kind of pick up extra business. Yeah. We came across, there was, I want to say it was
    0:38:23 Southern California too. Maybe it was in LA, but they were doing these luxury picnic setups and there
    0:38:28 was some overhead involved because like, you know, fancy little table and table linens, you know, for
    0:38:34 this, they’d set up the whole charcuterie platform, but it was like. So pretty. I’ve seen them. I forget
    0:38:39 the price, but it was much higher than I expected somebody to pay for a picnic setup. Yeah. It’s
    0:38:45 definitely a premium service. There are so many cool ways to market yourself as a personal chef. It’s kind
    0:38:51 of like, and it’s just like anything. Like I always feel like everything takes effort and work,
    0:38:56 no matter what we’re going to do. Everything takes hard work, but I don’t feel like this is a hustle,
    0:39:04 like hustle hard. It’s more of a hard work and alignment type of side hustle where, you know,
    0:39:10 you find people who you’re really connected with and you can help instead of having to work so hard to
    0:39:16 find clients because you only need five to 10 clients. Right. Yeah. And it’s a helpful exercise
    0:39:19 where you’re not, you’re not trying to serve thousands of people, right? You don’t, you don’t
    0:39:22 need to. And you, and you, you, you physically couldn’t. Yeah. There’s not a lot of businesses
    0:39:29 that you could get to six figures with just five clients and still work Monday through Friday,
    0:39:34 nine to five. I don’t know. I don’t know a lot of businesses like that. So in that way,
    0:39:39 it’s very unique, but again, it’s, it is a service-based industries. Right. And have some
    0:39:45 level of security in that. Well, if you, it’s a good job, if you got one client and you get fired,
    0:39:49 then you lose a hundred percent of your income. Like, well, if I lost one, one client and I lost
    0:39:53 10 to 20% of my income instead, then I go replace them. That’s true. Actually.
    0:39:59 So you’ve been doing this a couple of decades, like any big surprises or any big mistakes that you see
    0:40:05 new personal chefs making? I would say the biggest mistake is getting locked in with either the wrong
    0:40:11 client or too low of a price or agreeing to something that they know they shouldn’t do.
    0:40:17 Because as a personal chef, once you’re locked in with the client, it’s really hard to, you can’t go
    0:40:21 back and say, you know, I think I want to raise my price or I think I don’t want to cook this much food.
    0:40:27 So that would be my biggest mistake. I see people make is agreeing to stuff because they’re so,
    0:40:31 they want a client. So they just go, you know, they, they drop all their boundaries.
    0:40:36 Okay. Yeah. You price too low at the beginning or it’s just like, it’s not a great fit. And now,
    0:40:37 and now you’re kind of stuck.
    0:40:44 Or promise the world, you know, the people are asking too many things and, and the chefs don’t
    0:40:50 know how to set parameters on their business. Because I think a lot of people, they come from this,
    0:40:53 they come to this business because they love to cook and they want to help and they,
    0:40:59 they liked doing it, but the business side, they’re a little bit clueless on and they don’t
    0:41:01 know how to really communicate that part.
    0:41:06 Yeah. I think a lot of people fall into that boat of, well, I have this, I have this skill
    0:41:11 and I just flip, flip a switch and say, well, now I’m in business. Like, well, there’s a few
    0:41:16 freelancer skills or entrepreneur skills. It’s got to learn along, uh, along the way that we,
    0:41:20 we talked about the mindset and the marketing and positioning and everything else.
    0:41:24 Yeah. And, and also like as a personal chef, the interesting thing is you’re dealing with people
    0:41:32 who are very business savvy, right? Your, your clients and you may not be. So if you’re, if
    0:41:37 you’re coming in and you, you’re going to get steamrolled, they’re going to push your boundaries,
    0:41:42 you know, because they can’t, I’m not saying they want to, they just don’t know. They’re not mind
    0:41:46 readers. They don’t know where your boundaries are. And that’s why it’s really important for business
    0:41:51 owners, especially personal chefs to be able to communicate that. And that’s one of the things I,
    0:41:58 I see them really struggle with is because, and that’s confidence mindset. That’s all of it. That’s
    0:42:03 why I always say confidence mindset is the first step to pricing, to your pricing strategy.
    0:42:08 Yeah. I like this call to put up some boundaries, put up some guardrails from, from, from the early
    0:42:12 days of, you know, what are you willing to do? What are you not willing to do? And kind of stick to
    0:42:16 your, your North star guidance on that. So I appreciate, appreciate you sharing that. You’ve
    0:42:22 alluded to it a couple of times. The Prosperous Personal Chef is a program that Jessica has created.
    0:42:28 You can find it at chefjessica.com. Tell us a little bit about it. Who’s it for? What do you, what’s
    0:42:36 inside? It’s basically start to finish walking you through the business of starting, growing, sustaining
    0:42:42 a personal chef business. That being said, there is a ton of stuff in there that’s done for
    0:42:49 you. The assessment, the sample menus, all of that is in there. And then anybody who goes
    0:42:54 through the academy also gets my full support because I want to make sure that they’re successful.
    0:43:01 So I include three full calls to make sure they are on page with their going through the right
    0:43:08 direction because even I find that as a self-study course, it’s not as successful as if you have my
    0:43:14 support because people still kind of get off the rails with their marketing and their boundaries and
    0:43:21 all of that. Yeah. Well, I think it’s a fun example of kind of packaging up years of knowledge and
    0:43:26 expertise and sometimes like the actual resources and templates and stuff that you use. And I imagine
    0:43:31 people were asking like, Hey, can I, can I pick your brain on how to get started on my own? How did
    0:43:35 you get customers? You’re like, well, you know, you get, you get sick of answering the same questions
    0:43:39 over and over again. You’re like, well, let me put, if there’s some demand for this. Yeah. It was also
    0:43:45 like, ah, like watching, you know, watching a train wreck or like you, you, it’s like you seeing
    0:43:50 almost like your child wants to go to Disneyland, but won’t put their shoes on. That’s kind of what it was
    0:43:56 like watching with chefs and seeing them doing the wrong thing over and over again as personal chefs and
    0:44:02 people constantly posting questions that are like, how much should I charge for this? Or things like
    0:44:09 that. Just when I felt like I got to get this information out there because somebody needs to
    0:44:14 document the right way to do this. There’s too much misinformation and too many people doing it the
    0:44:20 wrong way. Oh, very good. We’ll link that up. Chef Jessica.com. You can find your free guide to
    0:44:25 getting high paying VIP clients over there. We’ll link that up in the show notes. This has been fun.
    0:44:31 Hopefully some lessons and takeaways, um, regardless of what kind of local service business that you’re
    0:44:36 running. You talked about, you’d may not be, uh, cooking may not come, uh, naturally to you, but lots of,
    0:44:41 uh, tools and tactics I think that you’d be able to apply and different mindset shifts that you might be
    0:44:46 able to apply to different business models as well. Let’s wrap this thing up with your number one tip
    0:44:52 for side hustle nation. Connection. I think that if you want to grow a successful business, it’s all
    0:44:59 about connection and building that connection with your clients is truly the secret to success in my
    0:45:07 opinion. That’s so true. It’s all about your network and building that level of trust and who knows you,
    0:45:12 how they know you talked about the strategic partnership angles, talked about the, uh,
    0:45:17 introductory offer angles, like the, like the free samples at Costco. The example I come back to
    0:45:22 a lot of times, I go, Oh, I don’t know if I want to commit to having you here every week. Let me,
    0:45:25 let me see about this first. I call it dipping your toe in the water.
    0:45:32 Yes. I love that angle. I love the angle of doing kind of low, low risk, low key speaking events
    0:45:38 or presentations to showcase your expertise and, uh, build, build trust. Lots of cool marketing tactics
    0:45:45 here. Again, chef Jessica.com is, uh, where you can find her. You also find the full text summary of
    0:45:52 this episode, links to all the resources mentioned at side hustle nation.com slash chef. While you’re
    0:45:57 there, go ahead and download your free listener bonus for this episode. That’s 101 service business ideas.
    0:46:03 she might be able to apply some of Jessica’s same strategy to once again, side hustle nation.com
    0:46:08 slash chef, or just follow the, uh, the link in the episode description. It’ll get you right over
    0:46:13 there. Big thanks to Jessica for sharing her insight. Big thanks to our sponsors for helping make this
    0:46:18 content free for everyone. You can hit up side hustle nation.com slash deals for all the latest
    0:46:24 offers from our sponsors in one place. That is it for me. Thank you so much for tuning in until next
    0:46:29 time let’s come out there and make something happen. And I’ll catch you in the next edition of the side
    0:46:30 hustle show. Hustle on.

    $500/day doing work you love?

    Let’s talk about it.

    In today’s topic, we’ll look at the delicious business of being a personal chef, with someone who’s been doing it for 25 years and turned her skill into a six-figure solopreneur business.

    Jessica Leibovich, from ChefJessica.com, didn’t start off aiming for this. She was working in catering, young, overworked, and — like a lot of us at some point — burnt out. But one suggestion changed her life: “Have you ever thought about being a personal chef?” she was asked.

    So not only was she good at it, but her first client paid her more in a day than she used to make in a week. And she’s been doing it ever since and sharing it with her students through her Prosperous Personal Chef’s Success Suite.

    Tune into Episode 674 of the Side Hustle Show to learn:

    • how to get your first high-paying personal chef client
    • what tools, pricing, and offers actually work
    • ways to scale with digital products and partnerships

    Full Show Notes: How to Make $500/day as a Personal Chef

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  • 673: Reddit Marketing: How to Drive Traffic from Reddit

    AI transcript
    0:00:07 If your traffic has been eroded by AI snippets and Reddit in the search results, this episode
    0:00:10 is going to show you how to fight back and tap into the power of Reddit.
    0:00:15 Now it feels a little bit like if you can’t beat them, join them kind of strategy, but
    0:00:19 there’s no ignoring that Reddit, the self-proclaimed front page of the internet, has found itself
    0:00:22 on the front page of just about every Google search.
    0:00:26 Stick around in this one, we’re breaking down how to get some of that traffic flowing back
    0:00:31 to you, the Reddit research and content best practices to be aware of, and some common
    0:00:33 mistakes to avoid.
    0:00:37 Now to help out, I’ve enlisted a professional content marketer who’s been helping businesses
    0:00:44 and brands take advantage of this brave new Reddit-dominated search world from redvisible.com,
    0:00:46 red with two Ds, Amy Aitman.
    0:00:47 Welcome to the Side Hustle Show.
    0:00:49 Hi, I’m so excited.
    0:00:52 I love this show and I’m really excited to get into this.
    0:00:53 So much fun.
    0:00:57 And me as well, I’ve got some big Reddit news to share coming up, but maybe you can
    0:01:03 kick us off with an example of what is possible from a publishing standpoint of, well, maybe
    0:01:08 my own site is having a hard time ranking anymore, but I could publish the same or similar content
    0:01:11 on Reddit and have it jump to the first page almost immediately.
    0:01:14 So case study, really fun.
    0:01:19 I was looking at one of our clients today and in SaaS, I guess a SaaS tool.
    0:01:20 Okay.
    0:01:21 Software product.
    0:01:27 And we have a website that we publish, reviews, comparisons, been around for a long time.
    0:01:35 We still do publish on our third party publishers, but we will publish a full scale article, blog,
    0:01:42 and then we’ll share something in Reddit and either a subreddit that we own and that we built out and we’ll share.
    0:01:47 Often Reddit content is quite different than a full blog.
    0:01:53 It’ll often be sort of a share and, you know, it has to fit the Reddit world and the Reddit narrative and the Reddit site.
    0:01:58 But if you go the next day, you’ll see the ranking for our content.
    0:02:06 And what’s really fun now is we’re seeing that because all roads lead to Reddit, it’s informing AI overviews.
    0:02:09 We’re seeing results in chat GPT search.
    0:02:11 We’re seeing results in Bing.
    0:02:13 Reddit has their own AI search tool.
    0:02:15 So you can show up there.
    0:02:20 You can show up in people also asking, show up in what people are saying.
    0:02:25 Everything can show up all over the place because all roads do sort of lead to Reddit.
    0:02:25 Yeah.
    0:02:37 From kind of late 2023 helpful content update to late 2024, like 12 months later, where so many publishers got hit by a series of algorithm updates, starting with helpful content.
    0:02:43 Reddit was like 10x, like 10 times the traffic that it used to get.
    0:02:46 It’s like, oh, there’s this giant sucking sound.
    0:02:49 And how do we, you know, get in front of that audience?
    0:02:51 You mentioned there’s going to be some nuance to it.
    0:02:53 So I want to get into the best practices here.
    0:02:57 It’s not just copying and pasting the content that I used to publish on my website.
    0:03:03 They’re like, maybe I still want to publish there because there’s hopefully down the road, like an opportunity to double, maybe triple dip.
    0:03:04 Maybe I create the video.
    0:03:10 Like I could take up potentially a lot of real estate on that first page of Google if I do it right.
    0:03:19 But you mentioned, okay, I’ve got my own subreddit that I own and moderate and manage, but then like tapping into potentially others that could be relevant.
    0:03:29 Maybe it would be helpful to have an example of like a product review type of article or like a roundup, like best, you know, 10 best toaster ovens or like that kind of traditional affiliate content.
    0:03:30 Maybe we’ll start there.
    0:03:30 Yeah, that’s great.
    0:03:35 Well, 10 best toaster ovens, let’s say that we’re working on getting that ranking.
    0:03:37 Obviously, we still have our publication.
    0:03:42 And I feel like that’s, to me, it’s like one spoke in this internet realm right now.
    0:03:46 And it’s an important spoke, but it used to be like the hub.
    0:03:50 And that’s where like all roads led to our publications.
    0:03:55 And now I look at it as one part in this entire landscape.
    0:03:59 Publication meaning like a website, like your domain that you have full control over.
    0:04:00 Yeah, okay.
    0:04:01 That you own, yeah.
    0:04:05 And that you do want to lead people to eventually, which is nice.
    0:04:09 But it’s only one spoke and that’s the reality of it.
    0:04:15 And posting a best toaster roundup in Reddit is not just copying and pasting your blog.
    0:04:22 For example, like Redditors really, I think they’re really suspicious generally of brands and of affiliates.
    0:04:25 And they know that kind of game things.
    0:04:26 Like people squeeze in there.
    0:04:27 We see it all the time.
    0:04:33 There’s a lot of Reddit rules and best practices that you have to engage in.
    0:04:36 But I would say generally be helpful.
    0:04:41 And a lot of times when we’re sharing those types of best of in ours, it’s, you know,
    0:04:44 we could take an angle of like, we’re looking into this, like we genuinely care.
    0:04:47 We come at it through the side of like, we’re the users.
    0:04:52 We are the curious people that are actually in their kitchen looking at toasters and,
    0:04:55 and comparing them and, you know, like UGC.
    0:04:59 But that’s how I would probably approach that in a Reddit list.
    0:05:04 Like I’m looking at these and can you add some recommendations or have you tried these?
    0:05:08 So that’s the kind of content I think that does really well in Reddit.
    0:05:13 And if you want to publish in your own subreddit, that’s great.
    0:05:15 I think it’s a great distribution play.
    0:05:20 And I think all publishers, at the very least, if you are intimidated with Reddit,
    0:05:23 create your own subreddit and start distributing your content.
    0:05:25 That’s where we really started.
    0:05:30 We would just distribute our content in Reddit and start to see some natural engagement.
    0:05:36 I mean, you can use the sidebar, you can link back to your site, you can add, you can add links back to your site.
    0:05:41 You can give them little teasers, like the full review is on my site, which is really great.
    0:05:42 That’s a great technique to Reddit.
    0:05:44 Like, you know, I’ve been looking into this.
    0:05:46 These are three things I learned.
    0:05:53 Not just straight copy and paste syndication, but a little teaser summary and, hey, the full review is back on my domain.
    0:05:57 Yeah, there are subreddits that let you distribute your content.
    0:06:06 And I see a lot of news driven content or if you have that type of a site where it’s like, you know, breaking news or breaking like entertainment.
    0:06:11 So there are some subreddits that will do just that and you can engage in that as well.
    0:06:12 That can be a strategy.
    0:06:18 But for a lot of my, like for our type of publishing or for review sites or affiliate sites,
    0:06:26 I think kind of crafting something that is valuable and answers a question or shares and then you can bring them back to your site.
    0:06:30 So that’s a really good baseline strategy for publishers out there.
    0:06:39 OK, and this is this is very timely because we like just as of literally yesterday got control of the Side Hustle Nation subreddit.
    0:06:40 Somebody had been squatting.
    0:06:43 I was wondering that I was looking at us.
    0:06:46 It’s like, wondered if you had control of that.
    0:06:53 Squatting is probably an aggressive term, but somebody was using that trademark term as their own subreddit in promoting who knows what.
    0:06:54 But it had kind of been abandoned.
    0:06:55 Yeah.
    0:07:00 And so we submitted a trademark request, submitted like a moderator takeover request.
    0:07:00 I don’t know what it was.
    0:07:04 And was able to get on board with that.
    0:07:12 And so now it’s like the question mark of why, you know, obviously we can invite the audience to come be members and contribute to the conversation and the content there.
    0:07:24 But from a publishing standpoint, like do we start with like the archive, like the dozens and dozens of posts in the archive that like start to drip those out as threads in this community or in this subreddit?
    0:07:30 Oh, I mean, that is definitely one strategy that you can do and, you know, figure out what kind of works.
    0:07:36 The great thing about Reddit, I would say, one, it’s great that you got your subreddit back.
    0:07:47 So for all the publishers out there, if you do anything right now, it’s like, you know, get your Reddit subreddit name because anybody can create any subreddit for any brand.
    0:07:48 There’s no, there’s no rules.
    0:07:52 It’s the wild, wild west of the world, Reddit.
    0:07:55 So it’s nice when you can recover that and you can take it over.
    0:07:59 So, yes, I would generally say have that distribution strategy.
    0:08:04 But think if you if your goal is a traffic arbitrage, there’s things that you might want to do.
    0:08:13 If your goal is to build a community there, there’s definitely a lot of community building things that you can do, you know, questions and engagement.
    0:08:14 Like you said, bring your audience back there.
    0:08:17 And what could that really look like?
    0:08:26 I would spend a few minutes actually strategizing what you want your group to look like and what it’s going to lead back to and what you want people to do.
    0:08:36 OK, but there’s a lot of opportunity there for for you to repurpose your tips, build some excitement, get some more views, ideas.
    0:08:46 Yeah. I mean, one thing that’s that’s top of mind is looking at some of the highest performing articles, historically highest performing articles that have lost traffic and then saying, well, why?
    0:08:50 You know, they’re still they’re still on the first page, but they’re just lower down.
    0:09:03 Right. And so it’s like, how could we create, you know, the Reddit thread or the red, you know, some sort of post around that in an attempt to sure, hopefully this still exists on the site and maybe we update it, make it more relevant and timely.
    0:09:08 Sure. But also, like, could we leapfrog that with some sort of Reddit in the search results?
    0:09:17 Like, do you see people going after that or trying to create, you know, some other little compelling little tentacle out into the Internet world to like draw people back in?
    0:09:22 Oh, yeah. I mean, it’s great. I love the feedback loop that can come from that, too.
    0:09:36 So if you have an old listicle article that has done well and you can share some of that and ask people to, you know, weigh in on are these great choices or do you agree with this advice or any other advice, you can update the article and you can actually share and write it.
    0:09:39 We’ve updated the article. We’ve updated the guide.
    0:09:43 There’s so many things you can do with your subreddit as a community as well.
    0:09:51 And for brands, I think, and for publishers, having that branded publisher subreddit is really great.
    0:09:59 But you can expand your footprint as well and have like affinity subreddits, which are more like topical.
    0:10:06 So you can, you know, just like just like a topical content map, you can have a subreddit for almost anything.
    0:10:12 And I feel like it’s almost like the old days of SEO and there’s like exact match.
    0:10:20 The more topical and the more niche the subreddit is, I feel like the easier it is to rank for certain things as well.
    0:10:29 So sometimes having those brand new subreddits that are really, really topical, like wedding flower arrangements, let’s say.
    0:10:32 And that’s all you talk about in that subreddit.
    0:10:38 And it becomes a place where people can ask questions, but also where you can share really topical things.
    0:10:41 And I feel like that also helps you rank.
    0:10:43 It all will depend on the landscape.
    0:10:49 Just looking at if you, you know, do a deep dive and look at what’s in the SERPs for anything.
    0:10:54 There’s certain subreddits that are just dominant, like moving is a dominant subreddit.
    0:10:59 A lot of business groups, you know, like project management, business, there’s a lot of that.
    0:11:02 So like the broad terms have kind of been taken over.
    0:11:03 Okay.
    0:11:13 So going a little bit nichier and having those little mini affinity groups, you don’t need to have a ton of content.
    0:11:19 You don’t need to have a hundred pieces, a hundred posts in your subreddit to start ranking and start seeing results.
    0:11:25 The thing that people don’t really talk about Reddit a lot is that Reddit will serve your content right away.
    0:11:36 The very first post, you create a new subreddit, you create a post, a welcome post or a new post, and it gets served to other editors right away.
    0:11:44 Yeah, it’s getting indexed and everything, spending a lot of computing power, indexing all this content, user-generated content here.
    0:11:51 We’ve built a lot of websites from scratch, and we know that it takes months to see those early results.
    0:11:55 And you’re in Ahrefs and you’re like, okay, are we getting every indexed?
    0:11:55 Are we getting some rankings?
    0:11:56 Are we doing that?
    0:12:03 It takes months to see if your original strategy is working, and Reddit, it takes days.
    0:12:05 Yeah, yeah, you get the quick feedback loop.
    0:12:08 Let’s go back to this, you know, best toasters example.
    0:12:12 So maybe I put the list on my site and it’s, you know, bestkitchengadgets.com or something.
    0:12:18 And I also have the best kitchen gadgets subreddit, sure, and I can post, you know, the teaser of it there.
    0:12:23 And then I’m going to r slash kitchens, r slash cooking.
    0:12:27 Am I, like, treading carefully not to, you know, get in trouble for self-promotion?
    0:12:35 Or does it make sense to make, like, the best toaster, like, to create a completely separate subreddit, like, only for that day?
    0:12:38 Or to piggyback on the brands themselves?
    0:12:41 Like, oh, you know, KitchenAid was, you know, one of the…
    0:12:48 So, I mean, that probably already exists, but, like, you know, if it’s an up-and-coming brand, like, if it doesn’t exist, like, you could be the first, you could be the creator of this thing.
    0:12:51 And this is the exciting thing about Reddit right now.
    0:13:01 And when we even start to work with partners and work with clients or even do a Reddit strategy for one of our sites, it’s, like, that’s part of the strategy is figuring out…
    0:13:06 It’s, like, kind of, like, choosing your own adventure in Reddit and where you want to go.
    0:13:13 And it is really just, like, evaluating the landscape and saying, okay, the brands, that’s, like, that’s already out there.
    0:13:14 There’s already…
    0:13:17 There might even be, like, a best toaster subreddit.
    0:13:19 So maybe we take a different approach.
    0:13:20 And, like, where can we kind of see?
    0:13:28 And also kind of evaluate the titles and the kind of thing that is ranking but also is getting engagement from Redditors.
    0:13:36 Because I think that’s another factor in getting your Reddit post up is comments and engagement as well.
    0:13:39 And we really like to have great content.
    0:13:41 I’m a content purist, a content nerd.
    0:13:43 I don’t want to have a bunch of…
    0:13:44 Oh, no bots.
    0:13:47 But I don’t have a bunch of people just upvoting things to upvote.
    0:13:51 I want great content that gets natural engagement.
    0:13:57 And knowing that Reddit serves your content, if it’s good, people will like it and comment and engage in it, too.
    0:14:01 So that’s another factor as well to keep in mind when you’re creating these strategies.
    0:14:08 But there is a lot of initial put things out there, put a few Reddit posts together, see what’s working.
    0:14:11 And then you can adjust the strategy.
    0:14:13 Yeah, isn’t it?
    0:14:14 In a way, it’s just nuts.
    0:14:20 Like, I miss the EAT, whatever, you know, expertise and authority and trust.
    0:14:25 It’s like, no, any old Joe Schmo can now create this thing and it ranks instantly.
    0:14:28 It’s like, well, what happened to building domain authority?
    0:14:34 I’ve been part of editorial and I’ve been a big EAT champion for many years.
    0:14:38 And the goalpost for content quality, it kept moving and moving and moving.
    0:14:44 And that was something like my editorial got tougher and tougher and we kept hiring more and more experts.
    0:14:45 And we still do that.
    0:14:49 I still hire the real deal experts, the real deal nerds.
    0:14:49 Yeah.
    0:14:54 But the Reddit thing coming up, it was like, that was my first kind of like gut.
    0:14:57 It was like, oh, these people are may or may not be experts.
    0:15:03 And I kind of had to like take a step back and embrace it.
    0:15:11 Because if you think about with AI overviews and AI content creation and all the things that are happening, content is a bit of a commodity.
    0:15:15 But at least with Reddit, as for the most part, it’s real.
    0:15:16 It is real people.
    0:15:20 I’m not saying they’re all experts, but they are real people.
    0:15:28 And the more that I spend time in Reddit, the more I kind of get it and kind of respect the ecosystem that is there.
    0:15:31 And I can’t believe the things that people are willing to share.
    0:15:32 Yeah.
    0:15:35 It’s a lot of anonymous usernames.
    0:15:37 It’s like, well, who’s to say?
    0:15:41 I mean, I guess you’re speaking from personal experience in a lot of cases as a commenter.
    0:15:43 But, you know, who’s behind it?
    0:15:43 I don’t know.
    0:15:45 I can see the pros and cons to that.
    0:15:49 But I think the anonymity really does help people express themselves.
    0:15:51 Let’s just like say that.
    0:15:54 Express, share things that they might not share.
    0:15:57 Even like horror stories with work or insights.
    0:16:04 Things that, you know, like even when you’re doing a podcast, there’s always going to be this thing where you’re holding back.
    0:16:06 But on Reddit, someone might not hold back.
    0:16:08 They might tell everything.
    0:16:09 And they often do.
    0:16:18 So I think that anonymity, it’s almost a tradeoff, but it could almost bring out more expertise and more insights than without it, to be fair.
    0:16:19 Okay.
    0:16:29 More with Amy in just a moment, including encouraging that engagement, building your community, and how you might do keyword research to figure out what kind of content to post in the first place.
    0:16:30 Coming up right after this.
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    0:18:52 There’s still a lot to unpack here.
    0:18:57 You mentioned that comments and engagement seem to be a positive signal, right?
    0:19:05 Like if this is getting a lot of upvotes and comments, like that may be more likely to get more eyeballs to both on the Reddit platform and potentially through Google later.
    0:19:10 Do anything specific to encourage that feedback, to encourage commenting?
    0:19:16 I would say create good content and learn what works when you get it served.
    0:19:18 Like I said, you create a post in Reddit.
    0:19:21 It gets served to other people in Reddit.
    0:19:23 You’ll see what’s kind of ranking.
    0:19:26 And once people are there, are they actually clicking through?
    0:19:27 Are they actually engaging?
    0:19:28 Are they actually upvoting?
    0:19:34 Those signals are really great and you can work on the editorial from there.
    0:19:35 You can kind of make adjustments.
    0:19:41 And do you have an example or two of a post or a thread that did get that level of engagement you were looking for?
    0:19:55 One of the things that we did in the beginning was we started just a subreddit for one of our websites and it naturally got a lot of engagement and people joining in and saying, OK, can you look into this tool?
    0:19:59 Can you look into this review or I don’t agree with you on this?
    0:20:04 So like sometimes even having like really strong opinions will get engagement, which is great.
    0:20:10 And I was looking at a post today and someone said, I don’t agree with your list for CFOs.
    0:20:14 I think these are not really great recommendations and it’s a talking point.
    0:20:15 It’s great.
    0:20:18 And they’re making my post have more engagement.
    0:20:21 I can always edit the post if I agree with them.
    0:20:23 I can always disagree with them.
    0:20:27 And I think that back and forth is actually a really good starting point for Reddit.
    0:20:33 So, I mean, just like sometimes you can, if you have a strong opinion, people are going to agree or disagree with you.
    0:20:38 It’s not about giving everything away like in a full blog.
    0:20:43 It’s about sharing a strong opinion, showing your expertise, having a side.
    0:20:45 I think that works really well to get engagement.
    0:20:52 I mean, is this any different than blog comments, you know, back in the day or is this just, you know, nobody’s nobody’s reading the blog anymore.
    0:20:53 So you got to go where the people are.
    0:20:54 Yeah.
    0:20:55 And that’s a really good point.
    0:21:00 I feel like everything I’ve done for the past decade or more has led me to this.
    0:21:09 It’s the way we’ve done editorial, like even just like how to get engagement, how to like improve a title, what to look for and what works.
    0:21:11 It’s just we’re on a different platform, right?
    0:21:15 It’s just a different place to put content and, you know, slightly different way.
    0:21:24 Is there anything proactive that you’re doing to build your own subreddit community on the platform?
    0:21:28 It’s like, I’m like such a newbie user.
    0:21:29 It’s like, does it just happen organically?
    0:21:32 People search side hustles and they find it?
    0:21:32 Like, how does it work?
    0:21:37 It can happen organically, but also like we do old fashioned community building.
    0:21:46 So we do reach out if somebody comments on one of our posts, I will reach out through the mod mail and say, thank you so much for your comment.
    0:21:47 Can you join our community?
    0:21:52 Can invite other mods and other people to contribute to your community?
    0:21:54 That’s that’s another thing that you can do.
    0:21:57 You can do cross posting on Reddit.
    0:22:02 I think Reddit is more friendly to cross post and sharing those kind of things.
    0:22:07 Self promotion is you have to kind of play it a little bit safe.
    0:22:12 But I think if you bring something valuable and it makes sense and it’s not all that you do.
    0:22:19 Remember, every single Reddit profile that we that you have, you can see in the entire history of what someone’s done.
    0:22:23 So every single thing you’ve done is a cross post promotion.
    0:22:31 You’ve mentioned the same brand or same publication everywhere you go or that’s all you talk about is the AI tool that you love.
    0:22:37 It’s very obvious to other writers that you’re not there to contribute to this Reddit community.
    0:22:38 OK, yeah, no shortcuts there.
    0:22:41 You got to be a part, be a good steward of the community.
    0:22:42 Can you explain cross posting really quick?
    0:22:47 This is like taking something from your subreddit into another subreddit.
    0:22:52 And sharing and it’s like there is a way that you can actually cross post and share.
    0:22:53 Yes.
    0:22:57 And that’s also you can also cross post a question into more than one.
    0:23:03 If you ask a question in another subreddit, you can cross post the question if you feel like you need more answers.
    0:23:05 So there is that, too.
    0:23:09 But yes, you can cross post your content into other subreddits.
    0:23:14 And again, every subreddit has their own rules, their own ecosystem, their own guidelines.
    0:23:22 So I just caution before you do any promotion, make sure you read the full subreddit rules.
    0:23:25 And when you control your subreddit, you get to control that, too.
    0:23:27 You can you can literally say no cross posting.
    0:23:28 You can say anything.
    0:23:30 You can say no cross posting, no brand promotions.
    0:23:35 You have to start every post with a Yahoo to get approved.
    0:23:36 Like it’s wild, wild.
    0:23:41 Let’s say I’m coming to you as a new client or new prospective client.
    0:23:52 Like talk to me about the like keyword research strategy, if that’s even the right term here, like to figure out where to go, what to post, what kind of keywords to target.
    0:24:03 It’s a similar type of conversations working with, you know, creating a content plan or working with just like an SEO type of content strategy, depending on the client goals, like figuring out what they want to do first.
    0:24:07 Do they want, is it going to be sort of a traffic arbitrage?
    0:24:09 Is it going to be an awareness play?
    0:24:12 Is it going to be a brand reputation management play?
    0:24:18 Is it going to be there’s a lot of different things that you can do with Reddit?
    0:24:23 But we start like literally looking at the search landscape, like where is Reddit coming up?
    0:24:26 Where are their brand terms coming up?
    0:24:29 What their brand terms are important to them?
    0:24:34 Obviously, like review comparisons, all those commercial intent terms are really important.
    0:24:44 We also look at AI overviews because Reddit’s being informed, like using Reddit’s in AI overviews now, which has only been for a few months, to be fair.
    0:24:57 So that’s really interesting to see like what kind of what are they pulling and then determine the content strategy and keyword strategy and what type of content where we put it from there.
    0:25:02 Any tools or tech that you like on this?
    0:25:14 I’m just trying to think of, well, in Ahrefs, I could pull up like a competitor report or like a content gap type of report and say, oh, you know, these 10 similar sites are ranking for these keywords.
    0:25:19 If you haven’t covered that, you might consider it because clearly there’s interest in that.
    0:25:22 Well, in Ahrefs, you can look up everything in Reddit.
    0:25:32 I feel like it’s a little bit behind still, like because there’s so much Reddit results that Ahrefs can be a little behind and displaying all the terms and the keywords that are actually ranking in Reddit.
    0:25:33 But that’s a good place to start.
    0:25:43 Like just look up Reddit, you know, look up your brand, look up your keywords, see it and also see like look up the keywords with your brand and then append Reddit.
    0:25:46 So like, you know, Nike review Reddit.
    0:25:47 So look to see that.
    0:26:01 So kind of like look at that landscape, like digging into those Reddit results and and seeing if it’s major subreddits that are coming up, if it’s if it’s a geo play, because a lot of times it could be something where it’s a lot of geographical locations.
    0:26:09 Like, you know, ask in Toronto or in Canada or in North Carolina or in L.A. and those kind of things, too.
    0:26:15 And seeing some of the terms that come up, a lot of times for brands, we see things like is Brand X legit?
    0:26:19 That’s a very something that comes up in Reddit a lot, as you can imagine.
    0:26:19 Yes.
    0:26:25 If you have a review of that brand, would you title that the three, you know, is Brand X legit here?
    0:26:26 I tested this out.
    0:26:28 I found these results.
    0:26:28 Yes or no?
    0:26:30 Like, here’s here’s the link to my full review.
    0:26:31 Yeah.
    0:26:38 I mean, for our blog, we might our third party, we might do a full review and that might be a subheading for a Reddit post.
    0:26:40 That might be the title of a Reddit post is blah, blah, blah legit.
    0:26:44 If we’re seeing that, if we’re seeing that people are asking that or is it worth it?
    0:26:45 Is it legit?
    0:26:46 Those kind of things.
    0:26:56 And you can see the type of questions that people are asking in Reddit results already and deciding what to do with the information is like the next step in the strategy for sure.
    0:26:57 But yeah, legit’s a good one.
    0:26:58 Worth it’s a good one.
    0:27:01 Would you create a new thread in that case?
    0:27:03 Like kind of with that same title?
    0:27:04 Or would you just comment on it?
    0:27:06 Like, yes, it’s legit.
    0:27:06 No, it’s not.
    0:27:08 Like whatever your results finding was.
    0:27:17 So a lot of times I evaluate sentiment of for the reviews that are coming up currently when we first start working with a client.
    0:27:30 And if it’s negative sentiment, if something’s definitely negative sentiment, one thing you don’t want to kind of do is like add to the fire because comments and upvotes make that post better.
    0:27:32 Give it more, give it more juice.
    0:27:43 So we kind of have an approach of like love bombing around the negative sentiments, at least having more of an editorial approach or creating things around that.
    0:27:48 I wouldn’t go and engage with a fully negative review and hoping to like turn the brain.
    0:27:50 And that’s what brands have done.
    0:27:51 They’re like, oh, I have a negative.
    0:28:01 Someone said something and it’s and it could be for something 10 years ago that happened and somebody was upset and it’s actually we could be a post from 10 years ago and write it like this is what we’re dealing with now.
    0:28:08 And so they’ll go and they’ll comment on that right at their head and just give it more juice and that it can stay in the ranking.
    0:28:14 But we like to kind of love bomb, let’s say, around those and to shift the sentiment.
    0:28:16 Sorry, I’m not sure if I’m clear on that.
    0:28:22 Are you saying like don’t jump on that overwhelmingly negative thread with a positive spin?
    0:28:23 You’re just like you’re just adding more fuel.
    0:28:27 And the consensus is still like we want to bury this thing.
    0:28:29 Like we don’t want this to have any more visibility than it already does.
    0:28:32 Starting something else that, you know, has a clean slate.
    0:28:33 It could be more positive.
    0:28:43 Yes, I would say the exception would be if it’s something that’s in your own branded subreddit and it’s a customer service type of question that’s genuine.
    0:28:46 I think then brands need to address it and need to comment.
    0:28:49 And I think that’s, you know, that’s a different strategy.
    0:28:52 That’s more of like a customer service strategy.
    0:29:01 But as far as like if you’re for the ranking, remember, like the more you engage in a post and read it, the more it’s going to surface to the top.
    0:29:01 Okay.
    0:29:02 Yeah.
    0:29:07 So maybe not adding more visibility to something that you don’t want people to read or you don’t want people to see.
    0:29:13 Or even if you’re just an affiliate partner, it’s like we don’t necessarily want that to be front and center.
    0:29:17 But I think evaluating that sentiment as content creators is really important.
    0:29:22 And I think that’s part of the research and part of what I tell our writers as well.
    0:29:34 Because if we’re talking about brands or products or things that we like and every single thing in Reddit is negative and we come across as this overly positive, which we would never do.
    0:29:41 Because we have a real editorial UGC approach to this, but it’s also doesn’t fly and it stands out.
    0:29:52 So like I think digging into what’s there and seeing what other people think is really important to create honest and genuine editorial and making recommendations as well.
    0:29:52 Yeah.
    0:29:54 Be upfront.
    0:29:56 Like, hey, here’s what we liked about it.
    0:29:56 Here’s what’s good.
    0:29:58 Here were some of the downsides.
    0:30:03 Or here’s, you know, here’s what some of the detractors say, you know, just to be aware of both sides.
    0:30:14 Yeah, it’s like we posted a post the other day and that said, I see a lot, just as many Reddit posts love this mattress versus just as many Reddit people don’t love this mattress.
    0:30:15 And here’s why.
    0:30:16 And that’s how we kind of approached it.
    0:30:23 But to completely ignore that there’s like people that are like, I, this is a way too soft of a mattress and I don’t like it.
    0:30:26 I think doesn’t play well on Reddit either.
    0:30:26 Yeah.
    0:30:28 I mean, I don’t think it’s a great editorial either.
    0:30:31 I think I like the balanced kind of approach.
    0:30:32 Okay.
    0:30:38 So that would be maybe how to approach some of the review content looking like, is this brand legit?
    0:30:39 Is this brand worth it?
    0:30:40 Is this product worth it?
    0:30:48 Imagine you could do similar for like this product versus this product, kind of like bottom of the funnel, you know, high buyer intent type of keywords.
    0:31:01 And then even going, you know, the 10 best toasters, like something a little bit higher in a buyer’s decision and kind of teasing that, hey, we’ve just undergone this, you know, month long intensive testing process.
    0:31:07 And I can’t wait to share all the results, you know, here, here on our site, but I’ll tease, you might be surprised who won or something.
    0:31:15 And I think if you want to embrace the Reddit values of things, you’ll be opinionated, you’ll share something.
    0:31:22 And overall, I think what’s gotten me really excited about doing editorial already is that it does feel fresh.
    0:31:24 It does feel a little different.
    0:31:31 And it does feel more human for a long time in SEO, in content websites, in affiliate websites.
    0:31:34 I feel like we were creating very similar types of content.
    0:31:40 And there was a lot of people in the industry saying the top 10 results all look the same.
    0:31:43 The top 20 results all look the same.
    0:31:45 And then we were just competing on content quality.
    0:31:47 We’re competing on a lot of different things.
    0:31:50 But to be fair, that was the landscape for a while.
    0:31:58 Yeah, authority, domain age, everybody plugs it into a phrase or something and says, well, this is what, you know, is already on the first page.
    0:32:00 Make sure you include that in your article.
    0:32:01 Make sure you include that.
    0:32:09 And even when we had these, like, you know, really underground reviews for, like, indie games on our sites that would get to it.
    0:32:17 Once something started getting searchable, once something started having enough search volume, one of the bigger publications would pick it up and destroy us.
    0:32:23 Because they would do, you know, a content pack of, you know, 200 articles or 50 articles to our three, right?
    0:32:24 Yeah.
    0:32:37 And now I think Reddit is giving other people a way to, you know, have those discussions, share those insights in the SERPs that the publishers, you know, competing with the publishers, yes.
    0:32:39 But it can be really refreshing and exciting, too.
    0:32:47 More with Amy in just a moment, including mistakes to avoid and how to get more mileage out of the content you’re already creating right after this.
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    0:34:04 One strategy I didn’t fully embrace or maybe wasn’t fully aware of when I was starting out was this idea of the piggyback principle.
    0:34:07 In the startup phase, that means you don’t have to start completely from scratch,
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    0:35:17 Is it primarily text written content versus, you know, people sharing videos or trying to get more juice to their YouTube channel or to their short form content?
    0:35:20 Yeah, I think there’s all sorts of things.
    0:35:24 Video content right now is really another exciting avenue.
    0:35:26 I see video in tons of SERPs.
    0:35:28 A lot more short videos.
    0:35:32 I see, like, obviously YouTube, TikTok, all of those channels being promoted.
    0:35:35 But yeah, you can use video in Reddit as well.
    0:35:36 And you can do all that.
    0:35:40 I don’t think we do a lot of video in Reddit, but we have.
    0:35:52 Okay, so what I’m hearing, own your community, own your subreddit as a place where hopefully nobody can, like, ban you for, like, dropping links or, like, you know, being self-promotional.
    0:35:53 Like, hey, of course I want to promote my stuff.
    0:35:54 This is my subreddit.
    0:35:58 But treading really, really carefully in others.
    0:36:03 Like, if there is, you know, r slash cooking and you come in, well, here’s my best, 10 best toasters.
    0:36:08 It’s like, ah, it’s a recipe to get the post deleted at best or get yourself banned at worst.
    0:36:15 Well, I would say even with your own subreddit, there’s no guarantee that you cannot be, that you won’t be suspended or banned.
    0:36:17 Reddit is a risky platform in that way.
    0:36:22 So I would say, like, give, and I call it paying the Reddit tax.
    0:36:25 Go in, give, share valuable information.
    0:36:29 I would never, ever start a new subreddit and start adding affiliate links.
    0:36:33 In fact, I, like, kind of don’t want to share any affiliate links.
    0:36:34 I think it’s a red flag.
    0:36:35 I think Redditors hate it.
    0:36:38 I think it’s sad because that’s how people, obviously, we’re…
    0:36:39 Yeah, Amy, we’re trying to make money.
    0:36:40 Come on.
    0:36:42 We are trying to make money.
    0:36:47 So you have to take a few extra steps and you have to, you know, you know, give till it hurts.
    0:36:48 Follow the rules.
    0:36:49 Share.
    0:36:53 You can share links to your own site and have affiliate links there.
    0:36:55 Yes, it’s another step that people have to take.
    0:36:58 But I think it’s worth it.
    0:37:10 I think it’s not worth the risk and, you know, just losing people, like, losing the Redditors’ kind of trust by, you know, just having a bunch of spammy, kind of linky kind of things.
    0:37:10 So.
    0:37:11 All right.
    0:37:15 So that’s helpful to be, like, I don’t know, to hear you say, like, I wouldn’t put any affiliate links.
    0:37:18 Like, okay, just tread, tread super carefully.
    0:37:21 Any other risks or mistakes that we should know about?
    0:37:25 I mean, it does feel, this is my beef with all these platforms.
    0:37:28 It’s like, yeah, you got to go where the eyeballs are, but you’re still playing in somebody else’s sandbox.
    0:37:31 They could take their ball and go home at any time.
    0:37:34 And you’re like, I feel like I’m building on borrowed land here.
    0:37:35 It’s really tough.
    0:37:36 I feel like that, too.
    0:37:41 I mean, the advice that I would have given five years ago is not what we’re doing now.
    0:37:46 In fact, like, being publishing and we publish a lot on YouTube.
    0:37:47 We publish on our own site.
    0:37:48 We publish in Reddit.
    0:37:52 We publish in Medium and TikTok and Quora and other forms.
    0:37:55 I would have said before, don’t do that.
    0:37:56 Don’t spread yourself thin.
    0:37:58 The editorial is different.
    0:38:01 It takes a lot more effort to get into all these things.
    0:38:05 And you’re, you know, going on rent to land and Reddit does have its risks.
    0:38:08 But it’s such a huge platform.
    0:38:10 There’s so much visibility.
    0:38:12 You almost have no choice.
    0:38:16 If you’re not on Reddit, you’re missing out on a lot of opportunities to be in the SERPs.
    0:38:21 And so we had to, our motto was like, we’re going to figure it out.
    0:38:23 No matter what, we’re going to figure it out.
    0:38:25 And so that was like, challenge accepted.
    0:38:26 We’ll do it.
    0:38:26 Yeah.
    0:38:30 Tell me about the Medium and Quora strategies.
    0:38:31 It’s like the same type of content.
    0:38:35 You know, we started a thread or somebody asked this question or a very similar question.
    0:38:37 So we could answer it over there as well.
    0:38:38 Yeah, I would say similar.
    0:38:41 They’re a little bit more edit friendly.
    0:38:46 You can edit a Quora question after it’s been asked a little bit easier.
    0:38:48 You can edit your Reddit questions too.
    0:38:54 But I think the etiquette is to say edited because I added this and it has to be valuable.
    0:38:55 Okay.
    0:38:55 Okay.
    0:39:01 I think Quora and Medium are obviously a little less risky as far as like you can publish what you want.
    0:39:05 And depending on the SERP, sometimes Quora outranks Reddit.
    0:39:13 So I think just evaluating that landscape again and seeing and also asking questions that people will answer is really important.
    0:39:15 Knowing how to ask the question.
    0:39:17 Quora has their own kind of etiquette as well.
    0:39:21 Like they ask you, don’t ask questions that have already been asked.
    0:39:23 So that kind of thing.
    0:39:28 So all these different things, they all have their own little quirks, let’s say, that you have to figure out.
    0:39:35 I mean, do you give any weight to like, you know, back in the day, it would be like, oh, that would be considered duplicate content to publish the same stuff on your site.
    0:39:40 And to paste it on Medium or paste it in, you know, syndicate to MSN.
    0:39:43 It’s like, or publish it on Substack.
    0:39:51 Like there’s lots of different channels where like, okay, on the plus side, it’s like, well, I have the potential to take up half of the first page if all of these somehow get ranking.
    0:39:56 But, you know, maybe only one of them is going to get indexed if it’s the same.
    0:39:56 Well, that’s the thing.
    0:40:02 We might have the same topic, but the approach to every single different platform is going to be different.
    0:40:06 And it’s different content for every single platform that we create.
    0:40:07 It might be remixed.
    0:40:08 Sounds like a lot of work.
    0:40:09 It is a lot of work.
    0:40:12 And I feel like maybe that’s why there’s bad sentiment.
    0:40:17 Like scaling up these teams, these editorial teams.
    0:40:28 But I have a great team of writers, creators that do video, will create a blog post, will create a Reddit share, will create a Quora, will create a Medium.
    0:40:32 And it is very, it is different for every single approach.
    0:40:34 And they will do fresh content for every single thing.
    0:40:36 So it is a lot of work.
    0:40:43 But it’s worth it because we have a client that I was doing a report for, and we were ranking in seven spots on the first page of Google.
    0:40:44 Yeah.
    0:40:46 For seven different things.
    0:40:47 Yeah, that’s what’s possible.
    0:40:51 They just completely dominate the front page real estate if done right.
    0:40:51 Yeah.
    0:40:57 Are there any rules of thumb in terms of, you know, publishing cadence where it’s like, well, every Monday I got to have a new thread?
    0:41:02 Is there any rules like that or just kind of like as you see fit or as you see necessary?
    0:41:06 With Reddit, I think starting off, don’t publish a 50 or a 100.
    0:41:09 I wouldn’t publish, mass publish anything.
    0:41:11 I wouldn’t, I would have a human approach to it.
    0:41:14 So I would start with publishing one thing, publishing two.
    0:41:21 And like I said before, you don’t need to have a ton of content to start seeing some results and start seeing what works.
    0:41:25 I’ve seen friends of mine, I think that’s their mistake because they put a lot,
    0:41:31 they invest a lot of their team’s energy and effort into their subreddit and they start to like, you know,
    0:41:36 I’m going to publish a hundred things, 150 things and put a ton of effort into it.
    0:41:41 One, the risk is if something happens and you lose that subreddit, which can happen.
    0:41:43 I hope it doesn’t.
    0:41:44 You’ve lost 150.
    0:41:53 But two, you can get enough data and validation and review from a few posts and then see what kind of works.
    0:41:55 But I also think just like be human.
    0:41:58 Like I think too much cadence, kind of maybe like a tripwire.
    0:42:00 So I would space it out a little bit.
    0:42:01 Okay.
    0:42:01 Yeah.
    0:42:10 So if, so if other publishers are in the same boat as me, they’ve, you know, been running their sites for five or 10 years, they’ve got like this huge library of content.
    0:42:13 The strategy is not to go and try to dump that all at once, even every single day.
    0:42:16 It’s just like, take a, take a metered approach.
    0:42:28 And if you want to publish more, I would say create those affinity subreddits as well that you can publish more and to different things like expand it that way instead of just expanding.
    0:42:35 But once your subreddit is established and you have members and you have engagement and all the good things that come from that, it’s a little bit more solid.
    0:42:40 And you can do, you can do a lot more and you can publish on more of a regular cadence.
    0:42:50 And of course, ideally people are publishing on your subreddit, they’re publishing questions and you have moderators and it can, you know, become this humongous thing eventually.
    0:42:51 Yeah, it can be its own.
    0:42:57 So it’s another touch point for the brand is kind of how I’ve traditionally viewed the Sino Salvation Facebook group.
    0:43:02 It’s like, hey, you know, wherever you are, if you’re in the car, hey, listen to the podcast.
    0:43:06 If you’re scrolling through your feed, make sure you see our stuff in the Facebook group.
    0:43:14 So there’s, I guess I could see another touch point here with people being engaged with the brand and fueling future content through their questions.
    0:43:26 Like, yeah, hey, anybody ever tried this particular side business or this particular money making app or whatever and try and gather feedback on that or like, sure, I never heard of that.
    0:43:27 I won’t test it out.
    0:43:28 Yeah.
    0:43:31 And then you can create a podcast or find somebody by an expert.
    0:43:39 And a lot of great things can happen with that kind of community and that feedback loop that I think is really fun for something like this, for sure.
    0:43:46 And remember, like, Reddit is not like a Facebook or like another social because it’s just so prevalent in the SERPs as well.
    0:43:53 So people that may even tell us that they’re not Reddit users, like my husband says he isn’t on Reddit, but he’s on Reddit.
    0:43:53 Sure.
    0:43:57 Because when he does any kind of Google search, Reddit will show up.
    0:43:58 He’ll be on it.
    0:44:00 You know, he might not realize it.
    0:44:01 Okay.
    0:44:02 Personal question.
    0:44:08 Like, you’ve talked a lot about, like, the affiliate type of content, which, you know, okay, there’s an extra step.
    0:44:09 Hopefully I draw people back to the site.
    0:44:11 Maybe they eventually click the affiliate link.
    0:44:18 If I want to promote an episode of the show and say, hey, we just had this really interesting guest on.
    0:44:24 She was getting paid to create short form videos for brands, you know, two, three hundred bucks a video, sometimes more.
    0:44:28 I genuinely think it’s like a super creative business, like a really cool story.
    0:44:31 Hey, I made a hundred grand on the side from my day job.
    0:44:37 You know, just trying to get the word out there, but not be like, hey, come listen to my stuff.
    0:44:45 Like, what’s, how do you, I don’t know, how do you tread lightly or, you know, figure out the best way to promote something like that or like that story based type of content?
    0:44:47 Oh, yeah, that’s really interesting.
    0:44:53 Because I think that there is a case for having more of a cadence then because you have real things that you want to share.
    0:45:02 And maybe there is like, maybe you share it in your brand and subreddit, maybe you have your own like, like subreddit for the podcast only.
    0:45:08 And this is where you get updates and it can be kind of a feed, but you can engage in other subreddits as well.
    0:45:13 And if you are genuinely excited, and I see a lot of people promoting themselves like that.
    0:45:16 But again, it’s like where it’s kind of like the approach.
    0:45:22 So, you know, it’s like this is such a really interesting story and I think you’re going to really get good tips.
    0:45:24 I think that can, that can work.
    0:45:31 I just think it’s when, I think it’s just when brands are almost lazy and too self-promotionals when they get into trouble.
    0:45:31 All right.
    0:45:31 All right.
    0:45:39 But I think if you’re a genuine content creator and you generally do what you do on Reddit, it does translate.
    0:45:39 It can.
    0:45:41 Not perfect, but it can.
    0:45:50 To what extent are you using AI to spin up, you know, different intros or different ways to say the same type of thing and like to make it unique and different?
    0:45:55 Well, we have like a no AI policy in our content.
    0:46:09 And to be fair, I don’t really know if our writers have used AI in their brainstorming process and their, but I don’t want it to look like AI, feel like AI, sound like AI.
    0:46:12 Even if they haven’t used AI to create it, if that makes sense.
    0:46:13 You can kind of sense it.
    0:46:16 I want them to, I want it to be a little imperfect.
    0:46:18 I want it to be, you know, opinionated.
    0:46:24 I want it to be, for Reddit especially, I think anything that feels computer generated.
    0:46:29 But yeah, for testing, I think that’s something that you could do.
    0:46:29 I don’t know.
    0:46:31 We don’t, we don’t really do that right now.
    0:46:32 All right.
    0:46:33 Fair enough.
    0:46:45 The people that are creating our editorial or creating our post are real experts, real nerds, full of like, you know, humor, edginess, opinions that I want to pull that out of them.
    0:46:49 I don’t want to figure out a formula for, you know, testing.
    0:46:50 Mass, mass producing.
    0:46:51 Okay.
    0:46:52 Fair.
    0:46:53 What’s next?
    0:46:55 Where do you see Red Visible going?
    0:46:58 Where, I mean, what’s got you excited this year?
    0:47:12 Well, the first thing is, I feel like it’s really exciting to survive in this new landscape when AI reviews are, you know, at the forefront, taking up half the listing on Google right now.
    0:47:16 When our publications, when the traffic changed, there was a huge shift.
    0:47:26 All of the things that have happened in publishing and digital, to be still here and to be excited and to be in content is a really big win for me and still gets me really motivated.
    0:47:36 And to be able to work with people that I love and creatives and, you know, and do the thing I love, that is really what’s kept me going for the past year, year and a half, two years.
    0:47:37 It’s been a roller coaster.
    0:47:50 Looking forward, I feel like because we’ve figured out how to distribute content, create content on different platforms, I feel like it’s a moat around our business, around what we do.
    0:47:54 Because no matter how the SERPs change, I feel like we have a stake somewhere.
    0:48:01 Whether it’s if Reddit completely disappeared from the SERPs, we still have our third party, but we still have our publishers.
    0:48:04 We still have, there’s still Quora Medium.
    0:48:06 There’s still video, which is really exciting.
    0:48:21 So, moving into that and just embracing search for what it is right now and for how people are discovering us and for where people are living online has been really what’s kept me motivated and what I look forward to doing.
    0:48:23 And every day is a new day.
    0:48:29 And in one year, I may be talking about something else, but for right now, that’s what keeps me going.
    0:48:32 Yeah, the change is the only constant.
    0:48:40 You never know what’s coming, but for the time being, a lot of that traffic and attention is certainly flowing towards Reddit.
    0:48:44 So, you might as well figure out how to take advantage of that, whatever that means for your brand.
    0:48:47 Redvisible.com is where you can find Amy.
    0:48:51 Let’s wrap this thing up with your number one tip for Side Hustle Nation.
    0:48:53 Embrace your side hustle.
    0:49:01 Like, I feel like everybody needs to have a side hustle, no matter how busy you are, and I feel like it’s a great way to test new things.
    0:49:03 I still have my little side hustles out there.
    0:49:11 You don’t necessarily have to make a lot of money right away, but the things that you learn, you never know where it’s going to come into play.
    0:49:20 So, I would say one of my side hustles is I love to play around with AI and play around with AI tools and things like that and create things.
    0:49:22 But have I put anything out into the orbit yet?
    0:49:23 No.
    0:49:24 But I’m learning a lot.
    0:49:29 Yeah, but you learn from that, like, just messing around time, like the tinkering time.
    0:49:30 But, I mean, I love it.
    0:49:37 I listened to the interview you did on UGC and how amazing that is and how much freedom someone gets.
    0:49:43 And I love hiring UGC creators and I love finding people and it can fit into your life.
    0:49:51 And these kind of things that people are discovering now and doing now, there’s going to be different opportunities in two years and three years.
    0:50:01 So, if you have a passion to do that and I have a 14-year-old and he’s done some videos with us and I was really hoping he would really get into it and be a creator.
    0:50:02 But it’s funny.
    0:50:07 Like, some of those episodes that you’re like, I know the perfect person for this.
    0:50:09 And you send it to them and they’re like, eh.
    0:50:11 I was like, man, I really thought that was going to hit.
    0:50:14 But when the student is ready, the teacher will appear.
    0:50:15 So, maybe they’ll come back to it.
    0:50:21 I think listening and hearing other people’s stories and getting inspired, you never know what’s going to be.
    0:50:22 And just, like, tinker around.
    0:50:23 It’s fun.
    0:50:25 Like, I think that’s my advice.
    0:50:29 I am in the very early stages of my Reddit tinkering.
    0:50:30 I hope you’ll come by and join.
    0:50:33 If you’re listening to this, it’s r slash side hustle nation.
    0:50:34 Come and come by.
    0:50:38 Help us out and build a helpful community for side hustlers on the internet.
    0:50:41 A couple of takeaways from me before we wrap.
    0:50:42 Like Amy said, no shortcuts.
    0:50:44 You got to be a member of the community.
    0:50:45 It’s real work.
    0:50:46 It’s real effort.
    0:50:51 And, you know, you can’t come in guns blazing and just spamming up a place with your affiliate links.
    0:50:52 You got to be there for the long haul.
    0:50:57 And the second thing is to build that subreddit that you are the moderator of, that you have some ownership over.
    0:51:00 It could be a distribution channel for your content.
    0:51:05 It could be a place to gather community feedback and questions that fuels future content.
    0:51:12 It could be just another touchpoint for your brand if people are going about their day-to-day lives and they see you pop up in their feed there.
    0:51:20 So those are kind of the highlights for me and I’ll probably update as we go forward with our newfound reddit journey here.
    0:51:24 But big news, the Side Hustle Show just had its 12th birthday.
    0:51:31 So whether this is your first time listening or you’ve been around since the beginning, I appreciate you spending some time with us in your earbuds today.
    0:51:39 If you are new or newer to the show and you want to dig a little bit deeper, you can actually get a personalized playlist at hustle.show.
    0:51:48 You just answer a few short, multiple-choice questions and it’ll recommend 8 to 10 of our greatest hits to start out with based on your answers.
    0:51:48 Totally free.
    0:51:51 Hustle.show for your personalized playlist.
    0:51:53 Big thanks to Amy for sharing her insight.
    0:51:57 Big thanks to our sponsors for helping make this content free for everyone.
    0:52:02 SideHustleNation.com slash deals is where you can find all the latest offers from our sponsors in one place.
    0:52:05 Thank you for supporting the advertisers that support the show.
    0:52:07 It really does make a difference.
    0:52:08 That is it for me.
    0:52:10 Thank you so much for tuning in.
    0:52:14 If you’re finding value in the show, the greatest compliment is to share it with a friend.
    0:52:15 So fire off that text message.
    0:52:19 Maybe somebody that you know who had their traffic hit in the last year or two.
    0:52:22 Say, hey, maybe here’s a path forward like we talked about at the beginning.
    0:52:24 If you can’t beat them, join them.
    0:52:27 Until next time, let’s go out there and make something happen.
    0:52:30 And I’ll catch you in the next edition of the Side Hustle Show.

    If you notice that your traffic is dominated with AI snippets and Reddit results, here’s how you can take advantage of that and learn how to drive traffic from Reddit.

    It really does feel like an “if you can’t beat ’em, join ’em” situation, but we can’t ignore that Reddit, the self-proclaimed front page of the internet, now shows up on the first page of almost every Google search.

    To help me out is Amy Aitman from ReddVisible.com, a professional content marketer who’s been helping businesses and brands take advantage of this new Reddit-dominated search world.

    Tune in to Episode 673 of the Side Hustle Show to learn:

    • how to get some Reddit traffic flowing back to you
    • the reddit research and content best practices to be aware of
    • and common mistakes to avoid

    Full Show Notes: Reddit Marketing: How to Drive Traffic from Reddit

    New to the Show? Get your personalized money-making playlist here!

    Sponsors:

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  • 672: 4 Types of Passive Income to Stop Trading Time for Money

    AI transcript
    0:00:06 Everybody wants passive income. That’s the dream. But how you go about getting it is the
    0:00:10 hard part and which path you choose depends on your starting point, your interests, your
    0:00:15 long term goals, all that stuff. Now we’ve covered a ton of quote unquote passive income
    0:00:20 ideas on the show, or maybe more accurately, time leveraged income ideas, ways to make
    0:00:24 money without directly trading your time. But today I’m grouping those into four different
    0:00:28 categories, four different types of passive income that you can start making. So you can
    0:00:33 see which might make the most sense for you. The first is to buy cash flowing
    0:00:39 assets. This is the make money with money option. And under this category of cash
    0:00:43 flowing assets, you’ll find options like dividend, investing, business lending, real
    0:00:48 estate, and stuff like that, which is great if you already have money to invest.
    0:00:53 Rental real estate is probably the classic example of this and might be
    0:00:57 statistically one of the most common side hustles in the world. Buy a house, rent it
    0:01:02 out, pocket the cash flow. Here’s how Dustin Heiner explained it in episode 387.
    0:01:08 The way to start is to number one, find which state you’re going to invest in and
    0:01:12 then zoom into which city you’re going to invest in. And the way you do that is I
    0:01:17 usually use Zillow. Zillow is a great site to get big, broad picture. Actually, it’s a
    0:01:22 start. As we look through that, it’s a tool for us to do more due diligence. And that’s
    0:01:25 basically just making sure we’re making the right investment. But you’re looking at the
    0:01:30 entire state. Look for population areas that have a lot more properties than not. And you
    0:01:34 zoom into that city and you get even closer and closer. And you’re going to look at all
    0:01:40 the different properties in that specific city to see if they meet your criteria, how much
    0:01:44 money you have to invest, the type of properties that you want and how much rent it’s going to
    0:01:48 make. So you’re making, and here’s, here’s a principle for everybody listening. You want
    0:01:55 to buy for $250 or more in passive income after every single expense that goes into your pocket?
    0:02:00 Because that’s how I provide for my family. I have 30 plus properties now. And so we literally live off
    0:02:05 of a real estate. The next thing we do is build the business, finding the right people to actually run
    0:02:11 the business for us without us doing any work. Because with all my properties, I literally only work
    0:02:17 30 minutes a month, 30 minutes a month for every single one of my properties and other people do the
    0:02:21 work because I built the business. Now, let me give an example of what building a business looks like. If
    0:02:25 you’re going to start a convenience store, you’re not going to just get a location, open door, put a box of
    0:02:30 chocolate candy bars in the center, and hope to run a business. That’s essentially what you’re doing if you
    0:02:34 just buy a property anywhere without building the business. No, you’re not going to do
    0:02:37 that. You’re going to get the gondolas, which are the shelving units. You’re going to get the
    0:02:42 countertops. You’re going to get the fountain machines, the cold storage, the cash registers, bank
    0:02:48 accounts, employees. You’re going to build the entire infrastructure before you put one piece of
    0:02:55 inventory into that business. And when you’re doing that, you now have a solid business. Every piece of
    0:03:02 property with my 30 plus properties now, I literally view them as inventory. It’s not a home for me to live
    0:03:07 in. It’s a piece of inventory, just like a candy bar. So once I have the business built, every new
    0:03:13 property is like another box of candy bars inside my business. And I could just keep adding and adding
    0:03:19 and adding into that business. Does that make sense? Sure. So this is, you’re talking about like the team being
    0:03:25 the property management, the realtor, perhaps the handy person to come out and fix stuff when it breaks. Like, is
    0:03:31 that what you mean? Your number one person is your quarterback, and that is your property manager. So you, what I
    0:03:36 suggest is I literally have all my students interview six different property managers, because you’re going to make
    0:03:40 that this is the number one person you’re going to work with. There’s so much to talk about, which we
    0:03:46 can’t go into that right now. But your other people you’re going to get are many wide receivers or
    0:03:50 running backs, if you know a football analogy. So these are the people that are going to be making
    0:03:55 plays for you. And these are realtors. These are wholesalers. Wholesalers are basically like
    0:04:00 realtors, but they’re not licensed. They find sellers and they find buyers and put them together. You’re going to
    0:04:06 find other investors that are willing to sell. You’re going to find other ways to find properties, seller
    0:04:09 financing and all that sort of stuff. You’re going to get somebody on your team that’s going to be doing
    0:04:12 your insurance. You’re going to get somebody that’s on your team that’s going to be doing your finances.
    0:04:17 You’re not just finances, but funding. Make sure you get mortgages and things like that right. And even
    0:04:24 handymen, contractors, roofers, plumbers, you’re going to get all this stuff developed and know that you will
    0:04:30 absolutely have a business built before you buy that property. Because I’ll give you an example of a big
    0:04:36 reason why I never fly anymore is I flew to Illinois. I went to Springfield, Illinois, a great town,
    0:04:41 great place, but I literally could not find a good property manager. And I thought, man, I flew all the
    0:04:45 way out here and I can’t find a property manager. I can’t buy a property because nobody’s going to manage
    0:04:50 it. Or at least I could not find somebody. All this time and everything was wasted. So now I literally do
    0:04:55 everything remotely through the phone, through internet and all that sort of stuff. And I found there’s no need
    0:05:00 to actually fly to another city ever again to even start a brand new place. And especially all my
    0:05:06 students have literally done that as well. So yes, building the business is getting your team, getting
    0:05:11 the infrastructure of your business so that it runs for you automatically and makes you money every
    0:05:17 single month. Now having that team in place is what it allows real estate to be a passive income stream
    0:05:23 for Dustin, because there are many a burnt out landlord who will tell you that it’s anything but if you
    0:05:28 don’t have that infrastructure in place. Now, the most powerful thing that Dustin said in that interview
    0:05:33 actually came at the very end of the call. And it was him describing getting laid off from his
    0:05:40 government job, the job he thought was super secure. And in that moment, the identity shift of becoming
    0:05:46 an investor first, a real estate investor first, and an employee second, because he did, you know,
    0:05:50 he went and found another job. And he might have only had one or two properties at that point,
    0:05:56 but he saw the way out. And he said, look, it took another 10 years to build the portfolio to build
    0:06:02 up that cash flow. But it started from that really low point of getting laid off and shifting the
    0:06:08 mindset. My day job is now my side hustle was kind of how he phrased it. So that is episode 387
    0:06:14 in your archives. If you want to go back and check that out. Another popular side hustle I would put in
    0:06:19 this category of buying cash flowing assets, it would be vending machines. So you’re going to pay
    0:06:25 upfront for the machine for the inventory, but then they can make sales 24 seven without having you
    0:06:31 around. If you find a good location, they could easily generate $500 plus per month in profit. And
    0:06:36 it’s a matter of stacking those up, stacking locations, adding more machines and and building
    0:06:42 that route to get to your income goal. The other cool thing about the vending businesses is pretty
    0:06:47 low risk. If one location isn’t working, it’s portable, you pack up that machine and try someplace
    0:06:53 else. Here’s part of my chat with Mike Hoffman from episode 599 on how he got started as a vending
    0:06:59 preneur. So you get your first yes from this apartment building, this athlete or student apartment
    0:07:02 building. And then you start looking around, well, how am I going to get a machine? Walk me through
    0:07:07 what happens after that. I literally Google vending machines. You kind of got two routes here. You got
    0:07:14 the, you go down the use path, look on places like marketplace and Craigslist and even local refurbish
    0:07:20 type places like appliance type places. And then you got these new places. And the best analogy I would
    0:07:25 use is a new vending machine manufacturer is very similar to a car dealership. So I called them up.
    0:07:30 They’re like, all right, Mike, the machine you want, it’s going to be about $5,500. Do you want to pay
    0:07:34 for it upfront or do you want to finance it with zero money down? And I was like, okay, tell me
    0:07:39 about your financing options. Like, oh, we can do it over 60 months. You can use profits to pay them
    0:07:46 off early. And every single one now I’ve financed with zero money down and I typically have them paid
    0:07:52 off in the first year just with profits. Okay. And that’s like the real estate mindset of leveraging
    0:07:58 other people’s capital versus coming up with a hundred percent down payment. Yeah. And this is back to
    0:08:02 the, like when I bought that a hundred grand house, I had to put 20% down and that just wasn’t
    0:08:08 sustainable every single rental. So this is where with vending, I just bought 18 grand worth of vending
    0:08:12 machines, I think in October, and I didn’t put a dollar down. And the benefit there is that you got
    0:08:16 something brand new. Cause I’m, I’m on a Facebook marketplace, of course, like, well, shoot, what’s
    0:08:23 available to me from the 500 to a thousand dollar range. It looks like for some drink machines. Okay.
    0:08:27 A little bit more than that for like the combo machines or the snack machines. I don’t know how
    0:08:32 old they are. I don’t know if they have card readers, but there’s options if you want to minimize the
    0:08:37 upfront sticker price of these things too. There’s definitely options. I got my first machine used and
    0:08:42 then it broke after six months and I was like, I never want to do that again. I don’t want to be a
    0:08:47 machine mechanic. None of that stuff. I just want this thing to run it. Are they like relatively reliable?
    0:08:53 To what extent do you have to know the fixing game or do you have a go-to vending machine fixer
    0:08:56 person that you can call? Like if something does break?
    0:09:01 Yeah, that’s why. So ever since that first, when I got off Craigslist broke, I’ve only bought new
    0:09:05 ever since. And so they’re under warranty. So if anything were to ever, I mean, you got to keep
    0:09:09 in mind, these things have been around for decades, so they’re built to last. I mean, we’re talking
    0:09:17 20 years plus. So they constantly are built to be robust and to be used. So if I ever have an
    0:09:21 issue because mine are under warranty, I just FaceTime them when I’m at the machine, they do
    0:09:26 their little troubleshooting thing. If there’s any issues, they just overnight me apart. And like I
    0:09:30 said, I don’t want to be the mechanic. Yeah, that becomes a little bit less passive at that point.
    0:09:36 Exactly. So walk me through the math here. So new machine, 5,500, you’re financing that over a period
    0:09:42 of several years. What’s typical payment? Typical payment is right now with interest rates are around
    0:09:49 170 bucks a month. Your first payment isn’t due until 90 days after it’s installed on site. So
    0:09:56 you’re going to do 90 days of revenue before your first $170 payments due. And then it’s $170 a month
    0:10:01 typically. And that’s just based on today’s rates of let’s just say eight to 9%. I don’t know.
    0:10:07 I have one. Sure, sure. Yeah. Four years ago that my payments are $112. So they’re definitely a little
    0:10:13 variable there. And then, yeah, you can just use profits to pay those off of those machines. I just
    0:10:19 used as an example that are 170 bucks a month. I mean, we had one in January that just did over $1,500.
    0:10:26 Okay. $1,500 of revenue minus your cost of product. You aim for a, what, like a 3X markup,
    0:10:30 like stuff and vending machines. It’s not cheap. Exactly. You pay for the convenience. Yep. Yep. So
    0:10:37 typically we’ll be around 35, 40%. So let’s just shoot high on expenses. Let’s say 40% of $1,500.
    0:10:45 So what’s that? $650, $700 in cost of goods. Okay. So we’ll call it 800 in profit on that
    0:10:52 $1,500 a month. Yep. Okay. Yeah. Minus your 170 in payment and you’re still in the black pretty
    0:10:55 healthily and you pay it off faster if you don’t like paying interest and you can parlay that into
    0:11:01 the next machine, next location. Okay. So you’re starting to try to see how this can work out and
    0:11:06 you have so far minimized your overhead. Definitely recommend checking out that full episode if you missed
    0:11:13 it number 599 in your feed. Mike breaks down his criteria on what makes a good location for him
    0:11:19 in terms of residential building population, number of units or office building occupancy. Yes,
    0:11:24 you got to restock the machines, but that just means you’re making sales. Also under this category of
    0:11:30 buying cash flowing assets would be stuff like short-term real estate backed loans, like on ground
    0:11:35 floor. It could be dividend investing. Like for years, I was focused on building up my truly passive
    0:11:42 dividend and interest cashflow, setting new monthly milestone targets. Could I get it to $1,000 a month?
    0:11:48 Could I get it to $1,500, $2,000? Very passive. Maybe not the most exciting ROI in the world. You can
    0:11:54 sometimes generate better returns by looking for businesses for sale nearby. After all, that’s what
    0:11:59 dividends are, right? It’s a portion of the company’s profits paid out to shareholders. I’ve got a fun
    0:12:06 example of someone doing just that coming up right after this. Remember data from the Goonies,
    0:12:12 the guy with all the gadgets, or data from Star Trek? I think that’s why I say data instead. And one thing I
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    0:13:16 extra. See Mint Mobile for details. Who, not how. That’s the unlock that transforms sidehustlers into
    0:13:20 business owners instead of business doers. You’re always going to run into problems,
    0:13:25 and problem solving is a really important skill, but I’m constantly trying to remind myself,
    0:13:30 I don’t need to know how to solve everything. I just need to be able to find the people that do
    0:13:35 know how to solve it. Who, not how. And when you need to hire great talent fast, you need our sponsor,
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    0:14:00 There’s no need to wait any longer. Speed up your hiring right now with Indeed. Side Hustle Show
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    0:14:22 Indeed on this podcast. Indeed.com slash sidehustleshow. Terms and conditions apply. Hiring Indeed is all you
    0:14:29 need. We’re back and we’re talking the four types of passive income and which flavor might make the most
    0:14:35 sense for you in your financial journey. The first type is buying cash flowing assets, which is
    0:14:41 historically the takes money to make money option. But with a little creativity and finding the right
    0:14:47 opportunity, you might be able to buy some cash flow with little or no money down in the form of a local
    0:14:51 small business. Here’s Hannah Ingram from episode 571.
    0:14:57 I read this quote by Warren Buffett that said, if you don’t find a way to make money in your sleep, you will work
    0:15:01 until you die. That really just like hit me like a ton of ricks right there. I was like, it hits you,
    0:15:05 right? Yeah. I was like, what can I do that actually makes passive income?
    0:15:09 Yeah. And for most people, that’s like the traditional retirement path. Like I’m going to build up this huge
    0:15:15 nest egg and you’re eventually going to live off the dividends interest appreciation or it’s rental
    0:15:20 properties that I can build off that cash flow or I could build a business that spins off cash flow,
    0:15:25 but it absolutely hits you. You’re like, well, shoot, I’d rather not wait or I’d rather not work
    0:15:31 until I die. I’d like to have some optionality here. Exactly. That was my whole thought press and I think
    0:15:38 really long term. So I was like, man, I am not going to work until I die. Like I’m going to be retired by
    0:15:43 the time I’m 30, you know? So I was like, okay, I sat down. I was like, what businesses are actually
    0:15:47 making money. You know, if I’m at the gym, if I’m hanging out with friends, if I’m out selling real
    0:15:53 estate, showing a house or whatever. And that’s when I was like, okay, car washes, laundromats,
    0:15:59 storage unit facilities. So like those were like the three that I really went hard and put a focus on
    0:16:04 trying to acquire. Where were you shopping? I was looking around like on loopnet.com,
    0:16:09 correctc.com. I was doing driving for dollars, kind of like the whole wholesaling method,
    0:16:14 but with businesses and just scouring the internet. Can I pause you? What do you mean by
    0:16:19 driving for dollars? So driving for dollars, I was like driving around looking for kind of like
    0:16:24 ran down businesses and I would slide a note under the door. Okay. You know, with my number on it,
    0:16:28 asking if they’re interested. Yeah. If they’re like the building is still there, but they’re not,
    0:16:32 it doesn’t appear that they’re operational. That or it looks really ran down because I’m trying to
    0:16:37 find a motivated seller. So I’m trying to find one that’s ran down that doesn’t look like it’s been in
    0:16:43 business for a while or whatever. Okay. And so you come across, so a loopnet is one that I’ve heard
    0:16:48 of. Crexie is new to me. And so I was just, you know, looking around what, what might be available
    0:16:53 found a car wash for me, but they’re asking $2.4 million in Seattle. They’re like, uh, and it still
    0:16:59 looks kind of run down. It’s like, it’s marked as like a development project or something. So was it
    0:17:03 through one of those searches or had you come across the property that you landed on?
    0:17:10 So I’ve been searching for forever. And apparently this car wash had just hit the market. I didn’t
    0:17:15 even know it was listed yet. And a friend of mine told me about it because I had mentioned it to her
    0:17:22 and she told me, she was like, Hey, this one’s for sale. It was in my same town. So I just hadn’t seen
    0:17:28 it yet, but it was like up for sale. I just had not actually laid eyes on it being listed yet.
    0:17:30 Okay. That’s great. So what’s your next step?
    0:17:36 Next step was contacted the sellers, took a tour of the property, got the financials,
    0:17:39 made sure this thing was actually making money. Then we went from there.
    0:17:41 So what was the sticker price? Or do you remember what the sticker price was?
    0:17:48 It was 150K and I talked them down to 140. So I got it for 140K.
    0:17:53 And that’s based on a multiple of their last 12 to 24 months of earnings.
    0:17:58 I don’t really know how they came up with the number, but that was just kind of what they threw
    0:18:03 out there. That’s what they wanted. It included the business and the land or was it leased on top of
    0:18:09 the land? Nope. Land, building, business, equipment, everything. Wow. I got to move to Tennessee. That
    0:18:14 sounds way better than 2.4 million. Hannah went on to explain that she didn’t actually need the
    0:18:20 $140,000 to close on the business. She was able to negotiate seller financing, basically borrowing
    0:18:25 the purchase price from the current owner and then paying off that loan with the proceeds from the
    0:18:31 business. I think at the time we recorded, it was earning around $5,000 a month. Creative, low risk
    0:18:36 way to do it. And definitely an inspiring episode about finding that unconventional path, inserting
    0:18:43 yourself into income streams that are already flowing. That’s episode 571 in your archives.
    0:18:47 Now, we’ve heard from a couple other entrepreneurs in this vein. Link Moser went out and bought some
    0:18:53 cash flow in the form of local web hosting businesses. It was something that he was already
    0:18:57 doing. And I’m going to grow through acquisition, find other little mom and pop operators that have
    0:19:03 a book of business, sometimes as little as 20 or 30 clients. But after that recurring revenue,
    0:19:09 hosting and maintenance piece of it, Jono Santa Maria bought a laundromat. So keep your eyes peeled
    0:19:16 for something that you might be able to apply your skills to and see what types of businesses might be for
    0:19:22 sale. Jono had a background in digital marketing. So he was able to improve the online presence of the
    0:19:28 laundromat ended up and making a couple other tweaks, but ended up tripling the revenue of the business in 12
    0:19:34 months. And so I was like, well, I paid this price, but I have a feeling I’m going to be able to increase
    0:19:40 that value. And the cool thing about it is because it’s a business asset, well, now I’m pocketing that
    0:19:45 extra cash flow every month. But I’ve also, in theory, tripled the equity in that business as well,
    0:19:50 or tripled the exit value of that too. So a way to build near-term cash flow and potentially long-term
    0:19:56 wealth as well. And like Hannah described some creative financing ways to go about it too.
    0:20:02 The second type of passive income is to build cash flowing assets. So if number one was the
    0:20:08 takes money to make money option, number two is the sweat equity option, building something of value,
    0:20:15 say a digital product, a book, an app, a course, a website that earns advertising revenue. These things
    0:20:21 obviously take some time and energy to create and to market, but can run relatively passively,
    0:20:28 often for years, if you set it up right. One of my favorite examples of planting little mini digital
    0:20:34 money seeds is the digital product or printable business. And a lot of the time, sellers are relying
    0:20:40 on Etsy organic search traffic or teachers pay teachers organic search traffic. So you don’t
    0:20:45 necessarily need to start with an audience of your own. I loved how Cody Berman explained it in
    0:20:53 episode 665 on how even low search volume terms, they can stack into significant income streams.
    0:20:58 Those are the numbers he’s talking about in this clip, estimated monthly searches on Etsy.
    0:21:03 I usually don’t touch anything under 50. And some people think that’s crazy. Some people,
    0:21:08 some other Etsy quote unquote gurus don’t touch things that are under like 200. But for me, I’m like,
    0:21:13 there’s 50 people searching for this a month and there’s zero competition. And I can scoop up,
    0:21:19 say even 20% of them, 10 people buy my $5 thing. I like to think of these each as like a little mini
    0:21:23 passive income machine. Like that’s 50 extra dollars per month. And that 50 adds up. Like if you can
    0:21:28 get an army of these $50 per month products, even if they don’t have a lot of search volume,
    0:21:32 you get 20 of those going, that’s $1,000 per month and mostly passive income.
    0:21:38 E-Rank was the tool that Cody mentioned to estimate the search volume. We’ll link that up
    0:21:43 in the show notes. Another type of digital asset that you can make money from is YouTube videos and
    0:21:48 you don’t even have to sell anything. Lately, the Side Hustle Nation YouTube channel, as a point of
    0:21:54 reference, is earning $20 to $30 a day in what I might call relatively passive income. And I say
    0:21:59 relatively because, yeah, it took some time to create the videos, but it tends to stay fairly consistent
    0:22:05 whether or not I upload anything new. Now, of course, the goal is to keep stacking evergreen videos
    0:22:10 that have that long shelf life where some of the top performing ones are stuff that I uploaded years
    0:22:18 ago. If you can add 10 more $100 per month videos, that’s another $1,000 a month to the bank.
    0:22:23 Insurious YouTubers are going to say, dude, you’re shooting way too low. That’s a really modest goal.
    0:22:28 And they can make tens of thousands of dollars from a single popular upload. But the idea here,
    0:22:34 create something once, get paid over and over again. That’s the hope anyways. In my case,
    0:22:39 like five to 10 minute videos, mini digital assets, a lot like the printables that Cody was talking
    0:22:46 about. Now, lately, I’ve been using a tool called Pictory to pull in a bunch of B-roll clips in just
    0:22:51 a few minutes. That’s really sped up the process. I’ve got a demo slash review video with a promo code
    0:22:57 I can link up in the show notes if you want to check out that tool. And sometimes the video asset that
    0:23:01 you create doesn’t even have to be that long. Like we’re talking five to 10 minutes in the example of
    0:23:06 YouTube. But with the Amazon influencer program, sometimes a one to two minute product review
    0:23:12 video can take off and generate some serious income. I think most of what makes you successful
    0:23:18 as a product reviewer has remained constant. You have to, it’s work. You have to put in the time.
    0:23:23 You have to be fairly consistent. There were a lot of people who started around the same time I did,
    0:23:31 who worked really hard for six months, made 500 videos, made 20,000, $30,000 off that, but then just
    0:23:38 burnt out. And so I think the best advice I can give anyone now is set manageable goals, you know,
    0:23:44 do five videos a week, but do that consistently over a period of several months. And then it starts
    0:23:49 to compound. And if you’re only making pennies in the beginning, just know it’s, it’s a numbers game.
    0:23:54 And you know, it might not be my, my best product review. I did a review in my first year. I was about
    0:24:00 six months in and I was starting to figure out what things sold better and what was trending. And I found
    0:24:06 something that popped off and it made me $17,000. And I have not had that kind of success since them.
    0:24:13 However, that product still makes me a few hundred dollars every single month. And if I had only done
    0:24:17 my first 400 videos, I never would have had that product. And so it’s just being consistent,
    0:24:23 looking for different things and improving over time, as far as your product selection and as well
    0:24:26 as the style of the videos, things like that. You just get better at it.
    0:24:31 17 grand from one video. You never know what’s going to pop off. Yeah. There was some effort in
    0:24:35 creating that stuff, but create it once and it sits out there and can earn you passive income
    0:24:43 for sometimes years. That was Tyler Christensen from episode 656. Now the Amazon influencer program
    0:24:48 is still, uh, by application only, but it might afford an opportunity to, uh, double or even triple
    0:24:55 dip on income. For example, after you’re established as a product reviewer, as, uh, as an Amazon influencer
    0:25:00 brands start to send you product for free. They might even pay you to create the video. You’re like,
    0:25:02 Hey, I don’t want your free product anymore. You’re going to have to pay me to do this.
    0:25:07 And a lot of times they’ll say yes. And then you can earn your Amazon commissions on top of that.
    0:25:12 And you might even resell the item when you’re done with it. Triple dip on this, uh, on this stuff.
    0:25:18 So that’s the Amazon influencer program. Episode 656 was our update on that. Now I’ve got just a
    0:25:25 fraction of the videos that Tyler, uh, has uploaded. I’m maybe 60 at this point, but still made over
    0:25:32 $700 in passive income from those last year, stacking up those mini digital assets. Another popular
    0:25:38 passive income idea under this category of building cash flowing assets is to create an online course
    0:25:44 around an area of expertise. Now, like we talked about in our recent, uh, side hustle trends episode
    0:25:50 with Spencer Haas, I think it’s becoming harder to sell a straight up a pre-recorded video course.
    0:25:57 The trend seems to be shifting toward higher touch, uh, cohort based groups, personalized coaching,
    0:26:01 community participation. And the good news is that those can command a higher price point.
    0:26:06 The bad news is they’re less passive from the creator standpoint, but still I go back to
    0:26:12 Jack Hopkins, the online course guy who has dialed in his piano in 21 days course marketing and sales
    0:26:17 funnel over the last 10 years. So that it pretty much runs on autopilot.
    0:26:22 There’s one opt-in on the website. Every page will point you to that opt-in and it’s an ebook,
    0:26:28 a workbook called learn 36 popular songs in five days. That book I haven’t updated in a few years.
    0:26:33 It offers a lot of value to people that are in my target market. Beginners looking to get quick wins
    0:26:38 on the piano without sheet music and a lot of the traditional like music nerd stuff, like a lot of
    0:26:43 theory and whatnot. So they download that. And then there’s about a 12 day evergreen funnel where they
    0:26:51 get a lot of value through emails, through video and a, a limited time window to get a discount on the
    0:26:55 program. So you can go to my website and buy the course at full price. I have two tiers. One’s $500,
    0:27:01 one’s a thousand dollars, but inside that limited time window of the funnel, you can get in for basically
    0:27:08 20% off. And those two packages go to $400 and $800. And that funnel has been exactly the same for many
    0:27:15 years. One of the videos in there is me and my baby sitting on my lap, just super casual video, like less
    0:27:17 than a year old. She’s about six and a half now.
    0:27:22 Yeah. That’s where you really notice the passage of time. It’s like when you see your kids at these old
    0:27:26 videos or old photos, you’re like, dang, that’s weird. Cause I haven’t aged at all.
    0:27:32 When we recorded it, Jacques had sold over $4 million worth of his piano course, including lately
    0:27:38 between 10 and $30,000 a month. That’s the power of building an asset that you can sell to multiple
    0:27:43 people following a repeatable and scalable system. It’s actually really similar to a software business
    0:27:48 where you sell access to a tool you created. Even if you’re not a coder, AI can help you build these
    0:27:54 things now, which I think is really interesting. We had Pete McPherson on the show earlier this year
    0:28:00 about how he used AI to create several different web apps. Now, a couple idea generating strategies
    0:28:06 he shared were to scratch your own itch, create a tool to solve a problem in your own life or business,
    0:28:12 or unbundling one feature of a more expensive tool, and then selling that as a standalone product.
    0:28:17 Another one of my passive income streams is my portfolio of Kindle books, paperbacks,
    0:28:25 and if you ignore launch periods, those have been earning between $200 and $500 a month
    0:28:31 for years. And I’m actually starting to kick around some new book ideas this year after taking a few
    0:28:37 years off. Obviously, a lot of effort to create, but can be really passive once the book is out there.
    0:28:43 In nonfiction, it’s probably better off to consider your book as an authority builder,
    0:28:50 the book as a business card mentality, and consider any royalty income as really just a bonus. For me,
    0:28:55 it’s a top of the funnel. It’s a discovery point. If people are searching for side hustle information
    0:29:02 on Amazon, I hope they find the books and enter into the ecosystem that way. But it’s, you know,
    0:29:06 obviously, I’ll take the royalties too. Other self-publishing strategies that can tap into the
    0:29:13 power of Amazon would be low-content books like journals or diaries or coloring books, maybe even
    0:29:20 created with the help of AI. We had Aaron Kerr on the show years ago. He said he made like $100,000
    0:29:27 from public domain publishing. His bestseller was this Anne of Green Gables compilation, if memory serves.
    0:29:33 So lots of different ways to go about it and tap into the power of the pre-existing Amazon marketplace
    0:29:39 in the example of Kindle books, paperbacks, audiobooks. Now, also under this category of building
    0:29:45 cash-flowing assets, I would include websites or blogs, but the marketing, the SEO landscape has been
    0:29:51 challenging lately, to say the least. If you can drive traffic from social media, from Pinterest, from email,
    0:29:57 or even paid ads to a site monetized with advertising or affiliate partnerships, it can still be a viable
    0:30:02 business and one where every piece of content can pay you over and over again. I mean, some articles
    0:30:08 that I drafted years ago are still bringing in revenue every day, just not as much as they once
    0:30:13 did. So that’s the second type of passive income and one we cover quite a bit on the show because
    0:30:18 usually the startup costs are pretty low. It’s the sweat equity side hustle. The third type of passive
    0:30:25 income is renting or selling access to assets that you own or control. And I’ll share some fun examples
    0:30:32 of entrepreneurs doing just that right after this. When you’re running a business, every missed call
    0:30:37 is money left on the table. Customers expect speed. Think about the last time you had a plumbing
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    0:31:39 no missed customers. One strategy I didn’t fully embrace or maybe wasn’t fully aware of when I was
    0:31:44 starting out was this idea of the piggyback principle. In the startup phase, that means you
    0:31:49 don’t have to start completely from scratch, but instead you can take advantage of existing tools,
    0:31:54 templates, playbooks, best practices from the people who’ve gone before you. A perfect example of this
    0:32:00 is our partner Shopify. Shopify is the commerce platform behind millions of businesses from household
    0:32:05 names to side hustlers on their way to becoming household names. With hundreds of ready-to-use templates,
    0:32:11 Shopify helps you build a beautiful online store and start selling. Plus, Shopify is packed with
    0:32:15 helpful AI tools to accelerate your workflow. We’re talking product descriptions, page headlines,
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    0:32:52 The third type of passive income is to rent or sell access to assets that you control. This could include
    0:32:59 extra space around your house. It could be your backyard pool with a site like Swimply or even the
    0:33:05 data generated by your phone through services like Caden. And we’ve seen several examples from side hustle
    0:33:10 show guests renting out things that they own, sometimes with a surprising level of demand.
    0:33:16 I went right into panic mode of, oh my gosh, I just bought this RV for a lot of money and my wife
    0:33:19 doesn’t want to be here and jumped down to Craigslist and threw it up for rent.
    0:33:25 Okay. So you’ve got this big expensive asset slash liability at the moment, but hopefully it turns
    0:33:29 into an asset sitting in the driveway and said, well, shoot, what am I going to do with this thing?
    0:33:36 So you turn around, put it up for rent on Craigslist. What kind of reaction does that get? Any takers?
    0:33:41 Yeah. You know, it blew my mind. I literally had inquiries coming in within a couple of hours.
    0:33:46 So the light bulb like immediately went off. People are, hey, I need it for this weekend because that
    0:33:51 was in July when I purchased it for her. So it’s like in the middle of summer and people are like,
    0:33:53 oh, hey, we’re going camping this weekend or that weekend, you know?
    0:33:54 Sure.
    0:33:55 So it was, it was wild.
    0:34:01 That’s Gar Russell from Fireside RV who ended up buying a few more RVs to rent out before
    0:34:07 transitioning to a lower overhead model of helping other people rent out their RVs and acting kind of
    0:34:13 like a property manager slash booking agent. Yes, there’s work involved, but your income is tied
    0:34:18 to the asset, not necessarily the hours you’re putting in. A similar strategy would be rental
    0:34:23 arbitrage, leasing long-term and renting short-term with the landlord’s consent. Of course,
    0:34:28 we’ve heard from guests like Richie Matthews doing this with apartment units and it was an
    0:34:33 Ikea explosion was the line I remember from that episode. So you’ve got a little more upfront costs
    0:34:39 in signing a lease and furnishing the place, but still relatively low risk if you’re confident in
    0:34:44 your market research demand. And of course, a lot less investment than just buying a property outright.
    0:34:48 But in several cases, we’ve seen entrepreneurs buying smaller assets for the sole purpose of
    0:34:53 renting them out like Lenny Tim did with his mobility scooter rental service.
    0:34:55 A brand new one is about
    0:35:01 1500 bucks right now, a little less, a little more, but I actually bought mine used and
    0:35:08 I look for about 500 bucks. I go on Facebook marketplace or any other local marketplace and I’m looking to get it for
    0:35:15 about 500 bucks. So as you can, you know, see, I pretty much got my money back within one, two, three rentals.
    0:35:22 Yeah. I’m thinking, yeah, if it’s 250 a week plus 75 delivery, like a couple of weeks later, I’m, I’m in the black on this, on this unit.
    0:35:24 How many do you have at this point?
    0:35:25 Right now I only have seven.
    0:35:29 You say only. I mean, that’s a pretty serious fleet.
    0:35:39 Yeah, it’s not bad. I have seven right now and I, you know, I make it work. I could definitely have a lot more, but I just, I keep it completely a side business.
    0:35:49 The other interesting thing that Lenny did, and this is from episode 564, is he didn’t even buy that first one until he had a critical mass of inbound inquiries wanting to rent from him.
    0:36:17 When I came up with the idea, it was back in 2019. My first thing was to just build a website just to see if there’s a demand. I want to see if there’s a demand for these scooter rentals. I didn’t go out to buy any equipment. I didn’t do anything like that. So that’s pretty much how I started just to build out a really nice website, just to see if I’m getting customers, if people are going to call, if people are going to make any requests before I actually go out and buy anything or commit to the business.
    0:36:33 Did you do anything specifically on the SEO front to build backlinks, to build the Google business profile, to do anything other than just having like the exact, you know, what somebody might be searching for in the URL and then in the content on the site itself?
    0:36:56 Well, first of all, the name, LA Mobility Scooter Rentals. I tried to get a domain that’s going to, you know, match, I guess, search pretty good. I didn’t really do anything special. I don’t know much about SEO. I just built a website. I did as much back-end SEO as I could. Whatever they asked me to fill out, I filled it all in. You know, mobility scooter rentals, mobility scooters, all that kind of stuff.
    0:37:07 Put some good pictures, put up as much info as I could. I’m pretty sure I, you know, opened up a Google My Business page right away. And I may have did the Yelp as well at the same time, but that’s pretty much it.
    0:37:12 Did you have a metric in mind? Well, if I get five requests a month, then I’m doing it or something like that?
    0:37:21 Probably more than that, yeah. I definitely had something in mind where I would want to make decent money and it would probably have to be several requests a day.
    0:37:33 During this time, Lenny would reply to customers and say, hey, sorry, we’re booked up at that time or we don’t have the inventory available. And then only after hitting that critical mass of inquiries did he go out and buy his first scooter.
    0:37:40 He even did that in a pretty lean startup way as well, like we talked about finding one used on Facebook Marketplace.
    0:37:51 Now, I’m a fan of these lower cost, unconventional rental assets. Like we did an episode about moving boxes, you know, renting out portable plastic boxes for moves.
    0:37:55 We’ve done photo booths. We’ve done portable hot tubs. We did an episode about renting out dresses.
    0:38:03 And here is actually Summer Fisher from that episode explaining why dresses are a unique asset class people probably don’t think about.
    0:38:12 When you’re buying a dress, you’re buying cash flow, basically. So the dress, just like a house, the dress is the asset and I’m buying the cash flow from the rentals.
    0:38:24 And so I’ve got to kind of make a mathematical decision. Is, you know, the money best sitting in the dress or is it best moving it on and buying something that’s kind of yielding a better rental?
    0:38:27 She even gave a couple ideas on how you could get started for free.
    0:38:33 If you want to get started, the two ways you can get started without putting a lot of money into inventory
    0:38:41 is you can work on a consignment model. So you can go to all your friends and family and say, who’s got dresses? They want me to rent.
    0:38:42 Oh, yeah. Yeah, yeah, yeah. I like it.
    0:38:44 Yeah. You could get started that way.
    0:38:56 The other way is, and this might be a bit controversial, but you can buy things on, say, if you’re in the US, you could buy things on somewhere like Revolve that have, you know, change of mind return policies.
    0:39:16 And you could see it put it up for rent, see if it rents. If it doesn’t rent, you send it back. And before you have to pay your credit card. And then you can get a feel for what rents. And at least then if you have gotten that piece that rents, you’ve already recouped, you know, a third of your investment straight off the bat before you’ve actually had to pay any money out.
    0:39:35 Again, that’s Summer Fisher from episode 652. Now, what if you don’t want to deal with physical assets, physical products at all? There’s another type of side hustle that I would lump into this rent or sell access to assets category. And that’s product licensing. Here’s Stephen Key from InventRight on why it makes such an interesting side hustle.
    0:39:53 It doesn’t require any capital. You don’t have to set up a company. And there’s so many companies out there that need us creative people. So they’re looking for ideas. And every year, there’s just more and more opportunity for us to submit ideas to companies and let them pay us royalties for everyone they sell.
    0:40:05 So that’s the basic business model is saying, hey, I am the idea guy who we just had on the show, and I’m going to turn around and essentially sell that intellectual property to some company who can turn that into a product and make money off it.
    0:40:09 Absolutely. You’re basically renting your idea to a company.
    0:40:09 Okay.
    0:40:29 And they’re going to pay you on everyone they sell. So you don’t have to start a company. You don’t have to worry about manufacturing or raising money or do any of those things. And what’s really great about it, Nick, it’s really speed to market today, right? If you start a company, raise capital, all those type of things that you need to do to be successful, it takes a lot of time and effort.
    0:40:39 When you license an idea, you find that perfect partner that has relationships, distribution, money, they can put your product on the shelf extremely, extremely quick.
    0:40:56 Steven went on to explain that 5% of gross sales is a pretty typical product licensing agreement, which may not seem like a lot. But if you think about the distribution and economies of scale that some of these larger brands have, it can really add up, especially for something with super low startup costs.
    0:41:01 I mean, you’re basically taking something for free from your brain and getting paid for it.
    0:41:04 And Steven had some great tips on how to approach companies with your ideas.
    0:41:09 But one thing that was surprising to me is a lot of companies already have a process for this.
    0:41:16 They’re really open to crowdsourcing product ideas from people like you and me and paying us for them.
    0:41:25 For example, if you look up Hasbro submit ideas, you’re going to find a structured program called Hasbro Spark that lays it out, how it all works, how to submit your proposal.
    0:41:31 So be sure to check out that full episode with Steven for more on how product licensing works.
    0:41:32 I’ll link that up in the show notes.
    0:41:37 And I also want to add that product ideas aren’t the only thing that you can license.
    0:41:38 We’ve seen examples.
    0:41:40 You can license photography.
    0:41:42 You can license voiceover work.
    0:41:43 You could license music.
    0:41:46 I think we’ve got examples of just about all of those in the archives.
    0:41:52 So for that third category of passive income, think unconventional rentals.
    0:42:03 Think creative assets that people might want to use occasionally, but maybe can’t justify buying themselves or they don’t have a place to store themselves or licensing your work or your ideas.
    0:42:09 Again, trying to figure out ways to get paid multiple times from work you do once or something that you buy once.
    0:42:10 And maybe you may not even have to buy it.
    0:42:14 Like in Gar’s example of the RV, I’m renting out other people’s RVs.
    0:42:20 Or maybe you could work out a consignment sort of deal with somebody else and act as a property manager for that asset.
    0:42:25 Like Summer mentioned, you know, maybe I could consign other people’s dresses and do rentals for those.
    0:42:30 The fourth type of passive income is what I call reverse passive income.
    0:42:34 Reverse passive income comes from cutting your ongoing monthly expenses.
    0:42:36 This is Ben Franklin.
    0:42:37 A penny saved is a penny earned, right?
    0:42:41 And it’s actually better than that because, well, your earned income is going to be taxed.
    0:42:46 So simply spending less money might be the fastest path to improving your bottom line.
    0:42:52 And the truth is, it’s a lot more fun when you view it, when you view saving money as a game instead of a necessity.
    0:43:01 One way I try and do this is through what I call the substitution game, which aims to find better, faster, cheaper alternatives to what I’m already spending money on.
    0:43:05 What that looks like in practice is taking stock of your monthly spending.
    0:43:06 Easy way to do it.
    0:43:12 Just bring up your bank statement or credit card statement and look at each transaction and ask, is there a better alternative here?
    0:43:18 And you might find some room to completely eliminate or cancel certain expenses or subscriptions.
    0:43:22 But I find the substitution game doesn’t even have to feel as drastic.
    0:43:28 Classic example was switching from Verizon to Ting to Mint Mobile for cell phone service.
    0:43:32 Over the years, that’s added thousands of dollars in reverse passive income to our bottom line.
    0:43:37 It could be renegotiating your TV or internet service to get a better deal.
    0:43:41 It could be shopping around for a better car insurance rate.
    0:43:43 It could be dropping that annual fee credit card.
    0:43:52 One huge one for us that a lot of people don’t consider was actually a big substitution Joshua Sheets mentioned on the show probably 10 years ago.
    0:43:57 And that was moving to a lower cost of living area or a lower tax area.
    0:44:07 Now, the Seattle area, definitely not a low cost of living area, but it had one big advantage over California, where we used to live, in that it’s a no income tax state.
    0:44:09 Washington state, no income tax.
    0:44:17 If you’ve got a portable skill, if you’re location independent, if you’re a remote worker, this is one of the biggest levers you can pull.
    0:44:21 But it’s obviously pretty uprooting to pull off, so not for everyone.
    0:44:27 On a smaller scale, one thing you might consider is a house hacking arrangement to offset some of your living expenses.
    0:44:32 This is where you buy or rent more space than you need, and you rent out a portion of it.
    0:44:37 On the business side, the substitution game is called Operation Tool Swap.
    0:44:44 This is where you look at your tech stack or your monthly software expenses, and you see if there are alternatives that would accomplish the same thing.
    0:44:52 Steve Chu and I talked about Zapier earlier this year, when they went out and doubled their pricing, we switched to Make.com.
    0:44:55 Same functionality, fraction of the price.
    0:44:57 AppSumo is a great resource for finding deals.
    0:45:03 You might even pause services that you don’t use every month or have some duplicated functionality.
    0:45:13 Like we were able to pause Otter, which was an AI transcription service that we used really consistently, because it turns out that same functionality is already built into Descript.
    0:45:21 I created the RoboNIC AI voice clone in 11 labs, but I don’t use them every month, so we just toggle that subscription on and off as needed.
    0:45:30 Even Ahrefs introduced a lower tier price plan that was still more credits than we needed, so we were able to drop down to that without any impact to the business and save some money every month.
    0:45:39 Now for personal, what I might call luxury or non-essential expenses, I try to apply a 30-day waiting period, call it a cooling off period.
    0:45:45 How it works is if there’s something you want to buy, just put a note in your calendar to ping yourself in 30 days.
    0:45:48 And if you find you still want it, go for it.
    0:45:57 But oftentimes, you’ll find you lived a perfectly happy existence in the meantime, as it just makes you reevaluate how important it really is and might save you some money along the way.
    0:46:05 In our episode on creative ways to save money, Jen Smith gave us her four-question framework to use before any purchase.
    0:46:07 Before I buy anything, I use these four questions.
    0:46:09 How can I get it for free?
    0:46:15 So like a buy nothing group or free on Facebook Marketplace or from a friend either trading or borrowing.
    0:46:19 If I can’t get it for free, how can I get it for low cost?
    0:46:21 And so that’s where secondhand comes in.
    0:46:25 How can I get it on Poshmark, eBay, ThredUp?
    0:46:29 Can I buy it from Facebook Marketplace, Thrift Store?
    0:46:39 Or if I can’t get that, and I don’t spend a ton of time searching for these, I’m, you know, depending on how fast I need something, I’m not searching for years, right?
    0:46:40 Right.
    0:46:45 I’m just, I’m looking, I’m trying to get creative before I just first go out and buy it new.
    0:46:50 If I can’t get it low cost, I ask, how can I get a deal on it?
    0:46:53 Like, how soon is the next sales cycle coming up?
    0:46:55 Because they always come back around.
    0:47:02 And then if I really need it and I can’t wait for a sale, how can I buy full price and not feel guilty about it?
    0:47:06 So is there a way I can buy locally or sustainably?
    0:47:08 Something like that.
    0:47:13 So those are the four questions that I ask before I buy something in order to save money.
    0:47:17 Now, ahead of any big purchase, I try and do a few things.
    0:47:19 Obviously, shop around, try and get the best price.
    0:47:23 Maybe even try and negotiating if you feel like that’s a thing that is an option.
    0:47:27 Maybe add it to your cart from a couple different stores and then let it sit a few days.
    0:47:34 A lot of online stores have some kind of abandoned cart email offer where they may send you a special discount to complete your purchase.
    0:47:41 You’ll also want to check a site like Cashback Monitor to see how you might maximize your cash back on the order.
    0:47:48 Basically, there are a bunch of affiliate sites that split their commission with you when you buy through their links at no extra cost.
    0:47:49 So it’s like getting free money.
    0:47:55 Rakuten is the one that I’ve used most consistently and have saved hundreds of dollars at this point.
    0:47:58 Another thing you can do is check for card linked offers.
    0:48:10 For example, you can look in your Chase or Bank of America or Capital One portal and you’ll often find an extra 5% to 10%, 15% back on stuff you might be buying already.
    0:48:15 You just have to check the box and sometimes you got to buy through their link or sometimes you got to add that offer to your card.
    0:48:18 Typically, only check for bigger purchases.
    0:48:24 And these are usually listed in Cashback Monitor as well as a way to check multiple different portals at once.
    0:48:27 Another thing you can do is buy discount gift cards.
    0:48:29 Costco can be a good source for these.
    0:48:36 I actually used to buy big discount Costco gift cards at like 5% to 10% off through some discount gift card site.
    0:48:40 Just a little bit, a little ways to save money on what you’re already spending.
    0:48:47 And then once or twice a year, if I know we have some expenses coming up, I’ll look at new credit card sign-up offers, sign-up bonuses.
    0:48:51 These usually range from $200 to $1,000 in value.
    0:48:54 For spending money, we were going to be spending anyway.
    0:49:00 So it’s a way to mentally offset the cost of the new thing, like an appliance purchase or plane tickets for the family.
    0:49:04 We also did an episode recently on bank bonuses.
    0:49:09 Not entirely passive because you got to set up a direct deposit and meet some other minimum requirements.
    0:49:18 But my guest, Dylan, said it was easily a $200 to $300 an hour side hustle that he was able to do consistently with one new account a week.
    0:49:26 And I’d seen those offers before, but always thought, oh, it’s too big of a hurdle to switch over my entire banking life for a few hundred dollar bonus.
    0:49:28 He said, Nick, you’re looking at it all wrong.
    0:49:30 You don’t have to switch over your primary account.
    0:49:32 You just have to meet these few requirements.
    0:49:37 Check the boxes, collect the bonus, lather, rinse, repeat on the next one.
    0:49:39 And all of a sudden, it looks a lot more attainable.
    0:49:43 So that is episode 663, if you want to check that one out.
    0:49:45 But that’s reverse passive income.
    0:49:47 Perhaps the easiest of the four to start with.
    0:49:49 Get some quick wins under your belt.
    0:49:51 Improve your bottom line by saving money.
    0:49:52 Getting some easy cash back.
    0:49:56 So to recap the four types of passive income in this episode.
    0:49:59 Number one was to buy cash flowing assets.
    0:50:00 We talked about real estate.
    0:50:02 We talked about vending machines.
    0:50:03 We talked about small businesses.
    0:50:05 We talked about dividend investing.
    0:50:07 Lots of different ways to go about that.
    0:50:10 Number two was to build cash flowing assets.
    0:50:13 Remember, this is the true side hustle, sweat equity option.
    0:50:17 Digital products, printables, courses, e-books, websites.
    0:50:19 Anything under that umbrella.
    0:50:24 Number three was to rent or sell access to assets that you control.
    0:50:31 RVs, cars through two-row space in your backyard shed through a neighbor.com.
    0:50:32 Could be Airbnb.
    0:50:37 Could be renting out mobility scooters, photo booths, dresses, portable hot tubs, moving boxes.
    0:50:41 We’ve got lots of fun examples on this kind of rental business.
    0:50:45 Like this semi-passive asset where you can get paid over and over again from something that
    0:50:50 you bought once or maybe even you don’t own in the example of Gar’s RV rental service.
    0:50:55 And the fourth type of passive income is that reverse passive income where you can cut recurring
    0:50:55 expenses.
    0:51:01 You can play the substitution game, maximize your cash back, strategically work out credit card
    0:51:08 bonuses or bank bonuses into your year, and maybe even consider a 30-day no-spend challenge
    0:51:11 or, you know, 30-day waiting period before any big purchase.
    0:51:16 But my recommendation is to start with a small passive income goal.
    0:51:22 Something that is small enough to be attainable, but big enough that it’s still interesting and
    0:51:23 meaningful to you.
    0:51:24 That’s a sweet spot.
    0:51:27 For me, it was $1,000 a month.
    0:51:30 And there was a specific project I was hoping would get me there.
    0:51:35 That was my virtual assistant website back in 2011, 2012, 2013.
    0:51:37 And eventually it did.
    0:51:39 And so that was really rewarding.
    0:51:41 That was like, I’m going to build up this passive income stream.
    0:51:47 But hopefully this episode has sparked some ideas on the many, many different ways side hustlers
    0:51:49 have started to build their passive income.
    0:51:54 Building passive income streams that aren’t directly tied to your time is such a crucial step
    0:51:59 in building financial independence, even if they start out super small.
    0:52:05 I remember a line from Mike Newton 10 plus years ago on the show about, he said,
    0:52:12 I’m more excited about earning $5 passively than $5,000 actively because that $5 didn’t
    0:52:13 trade time for it, right?
    0:52:15 It had the power to scale.
    0:52:21 Really empowering and encourage you to carve out a portion of your week dedicated to pursuing
    0:52:22 time leveraged income.
    0:52:23 Nobody’s going to do it for you.
    0:52:25 It’s not going to happen by accident.
    0:52:26 You got to take control.
    0:52:28 You got to be proactive about it and do that.
    0:52:32 Big thanks to all our guests for sharing their passive income advice over the years.
    0:52:35 Thanks to our sponsors for helping make this content free for everyone.
    0:52:40 Be sure to check out sidehustlenation.com slash deals for all the latest offers from our
    0:52:41 sponsors in one place.
    0:52:43 That is it for me.
    0:52:45 Thank you so much for tuning in.
    0:52:49 If you’re finding value in the show, the greatest compliment is to share it with a friend.
    0:52:53 So fire off that text message, let them know and say, hey, what kind of passive
    0:52:56 income would you like to add to your life?
    0:53:00 Until next time, let’s go out there and make something happen and I’ll catch you in the
    0:53:02 next edition of the Side Hustle Show.

    Who doesn’t want passive income? Everyone dreams of having one. But how you go about getting it is the hard part.

    So how do you get started? It depends on your starting point, your interests, and your long-term goals.

    We’ve covered a ton of passive income in the show before (really more like time-leveraged income).

    But today I’ll be grouping them into four different types of passive income. This will help you figure out which one makes the most sense for you.

    Tune in to Episode 672 of the Side Hustle Show to learn:

    • the 4 types of passive income you can start building today
    • real-life examples from people who turned everyday assets into income streams
    • practical tips to save money, earn on autopilot, and take back control of your time

    Full Show Notes: 4 Types of Passive Income to Stop Trading Time for Money

    New to the Show? Get your personalized money-making playlist here!

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  • 671: 12 Big Ideas From 12 Years of The Side Hustle Show

    AI transcript
    0:00:03 12 big ideas from 12 years of The Side Hustle Show.
    0:00:08 Now, the first 10 ideas here aired in the milestone episode 500 back in 2022.
    0:00:13 And I’ll be back at the end with a couple new ones to add for this 2025 edition.
    0:00:20 Big idea number one is to set a vision for your life and determine why it’s important to you.
    0:00:23 Where do you want to go and why do you want to get there?
    0:00:25 And who do you want to take along for the ride?
    0:00:30 Because without that driving motivation, it’s going to be too easy to quit.
    0:00:33 It’s the same reason people give up on their New Year’s resolutions.
    0:00:34 They didn’t want it bad enough.
    0:00:36 It wasn’t that important to them.
    0:00:39 Otherwise, by definition, they would have made it happen.
    0:00:45 I was never much into vision boards or affirmations or anything like that.
    0:00:51 But a couple people challenged me in 2018 to actually sit down and write out a three to five
    0:00:54 year vision of what life was going to look like.
    0:01:00 One of those people was Brian Scudamore, the founder and CEO of 1-800-GOT-JUNK.
    0:01:06 My number one tip would be anyone out there who wants to improve their life, improve their
    0:01:10 business, grow a business, I’d say come up with your vision.
    0:01:14 What is your painted picture, I call it, of where you’re going?
    0:01:21 Now, I sat down on a dock in my parents’ summer cottage when I was at a million in revenue and
    0:01:25 I wrote down on paper, one page double-sided, our painted picture, which said we’d be in
    0:01:27 the top 30 metros in North America.
    0:01:29 We’d be the FedEx at junk removal.
    0:01:31 We’d be on the Oprah Winfrey Show.
    0:01:37 All these things and more happened because we had a destination, a clear vision of what that
    0:01:38 future would look like.
    0:01:41 So for anyone in life, I think it’s what’s your painted picture?
    0:01:44 What does your life look like in three to five years?
    0:01:45 And write it down.
    0:01:49 At that time when I recorded with Brian, his business was doing about a million dollars in
    0:01:51 sales every day.
    0:01:54 And maybe there’s some survivorship bias going on here.
    0:01:59 But when an entrepreneur at that level gives that advice as his number one tip, you got to
    0:01:59 take notice.
    0:02:04 And since Bryn and I went through that painted picture exercise four years ago, we actually
    0:02:07 made quite a few moves to get closer to it.
    0:02:13 And maybe on the other side, it’s made it a lot easier to say no to projects and so-called
    0:02:16 opportunities that don’t support that shared vision that we had.
    0:02:20 Because if you don’t know where you’re going, how are you going to be able to reverse engineer
    0:02:21 a path to get there?
    0:02:27 At some point, there needs to be a force, either internal or external, to get over the inertia
    0:02:32 of doing the same thing and hoping for or expecting different results.
    0:02:35 Mitch Davis put it this way in episode 324.
    0:02:38 Number one tip is you got to do something.
    0:02:42 Otherwise, tomorrow, the next day and the next month and the next year is going to be the
    0:02:42 same.
    0:02:45 That’s a line I refer back to quite a bit.
    0:02:48 You got to do something or tomorrow is going to be the same.
    0:02:55 And when you find that reality unacceptable, like Shane Sams did, you have no choice but to
    0:02:56 take action and do something about it.
    0:03:00 Long story short, I found out my son was being mistreated in a daycare.
    0:03:01 He was being abused.
    0:03:04 They were locking him in a bathroom for hours at a time.
    0:03:08 And the day that I needed to take off work to deal with this, my boss told me that I
    0:03:10 needed to handle my personal problems after work.
    0:03:16 And that’s what inspired me and moved me to go work for myself.
    0:03:19 And I promised myself that I would never be in that situation again.
    0:03:22 I would control every second, every minute of my life.
    0:03:26 Someday, somehow, it starts as a side hustle, but it ended up being more.
    0:03:32 As a parent, that’s just a terrifying thought, but it illustrates how motivating a bad situation
    0:03:34 can be to get out of.
    0:03:39 If things in your life are pretty good, relatively speaking, you got to find another powerful why
    0:03:40 to get going.
    0:03:42 So that’s big idea number one.
    0:03:47 This driving motivation or optimistic vision of what life could be.
    0:03:50 But visions and motivations don’t pay the bills.
    0:03:51 So what do you do next?
    0:03:57 The second big idea I’ve noticed from the last 500 episodes is what I call the piggyback principle.
    0:04:01 Find a hot trend and piggyback on that hot trend.
    0:04:05 That would be my best advice for anyone starting out is find something that’s really hot or popular.
    0:04:11 And instead of just going for that item, sell an accessory or an add-on to the really popular item.
    0:04:14 That was Tony Anderson way back on episode 194.
    0:04:18 So when you’re trying to come up with a side hustle idea, we’ve seen some great success stories
    0:04:21 of people catching a rising tide.
    0:04:25 In a sense, this is the old business model of selling shovels into a gold rush.
    0:04:28 For example, you know, more and more people are hiring cleaning services.
    0:04:33 Maybe you could start one of your own in your own town, like Anthony and Junoka Hartsog, like Chris Schwab.
    0:04:37 Or maybe you could build some booking software that makes their life easier, like Jobber.
    0:04:41 Or maybe you could help them collect more reviews, like Chris Lillini.
    0:04:43 And more people are starting podcasts, as another example.
    0:04:48 Maybe you could help them with the editing or the show notes, like Podcast Fast Track,
    0:04:50 or Awesome Pros, who’s been on the show.
    0:04:52 Companies are getting involved in content marketing.
    0:04:55 Maybe you could offer a freelance writing service, like Georgia Austin.
    0:04:57 More and more parents are homeschooling.
    0:05:01 So maybe you could offer a class on out-school, like Jade Weatherington or Devin Ricks.
    0:05:05 More and more people are using XYZ-specific software.
    0:05:09 So maybe you could create some video training materials and consulting services, like Paul Miners.
    0:05:13 Example after example of this big idea number two.
    0:05:18 Catch a rising tide, piggyback on those trends, and I think you’re going to have an easier
    0:05:21 time than, you know, fighting against the current, trying to convince someone that this is something
    0:05:22 that they need.
    0:05:27 So be on the lookout for new trends in your industry, because there’s an advantage to being
    0:05:28 early as well.
    0:05:29 So now we’ve got the motivation.
    0:05:32 We’re keeping an eye on interesting trends.
    0:05:34 Just paying attention to what we see happening.
    0:05:40 Or you can use a tool like Google Trends to measure the relative interest in a search term
    0:05:41 over time.
    0:05:45 Or you could subscribe to a newsletter like Trends, Trends.co, which is really well done.
    0:05:48 And I think there’s still a free trial over there.
    0:05:52 But after that, it comes time to solve a problem.
    0:05:54 And that’s big idea number three.
    0:06:00 The vast majority of guests that you hear on the Side Hustle Show built a business to solve
    0:06:01 a specific problem.
    0:06:03 That’s what customers pay money for.
    0:06:06 That’s what I pay money for as a business owner, as a customer, as a consumer.
    0:06:11 I don’t particularly care about your passions and motivations as long as you can make my pain
    0:06:12 go away.
    0:06:14 Here’s John Lee Dumas to explain.
    0:06:17 Frankly, a lot of people are getting some so-so advice out there.
    0:06:21 One of the pieces of advice people are getting are, follow your passion.
    0:06:22 That’s enough.
    0:06:23 Just do that.
    0:06:29 And that’s terrible advice because, listen, if it’s just your passion and there’s no value
    0:06:31 to go with it, it’s just a hobby.
    0:06:34 Because, listen, people are going to be happy for you that you’re passionate about something.
    0:06:41 But unless it’s providing real value to their world, unless it’s providing a real solution
    0:06:45 to their problems, they’re not going to care that much.
    0:06:46 I promise you.
    0:06:48 And that’s just called being a human being.
    0:06:50 So you need to say, OK, what am I passionate about?
    0:06:51 What am I excited about?
    0:06:52 Good.
    0:06:52 Check.
    0:06:53 I know all these things now.
    0:06:56 OK, now step two, what am I good at?
    0:06:58 What skills do I have?
    0:07:00 What value can I add to this world?
    0:07:01 OK, step two is done.
    0:07:02 I know those things now.
    0:07:08 Step three, how can I combine what I’m good at, value that I can add to the world, skills
    0:07:12 that I have with something that I’m passionate about and excited about and fired up about?
    0:07:13 What does that look like?
    0:07:18 What is that zone of fire that I call that lies in the middle, that intersects those two?
    0:07:26 That’s a combination and a co-mingling of your passions and your skills, of your enthusiasm and
    0:07:27 your expertise.
    0:07:29 That’s your zone of fire.
    0:07:31 That’s where your big idea lies.
    0:07:33 Because now you’re excited about it.
    0:07:34 You’re going to get up every day and do it.
    0:07:35 But also, guess what?
    0:07:37 You are going to be adding value to the world.
    0:07:39 You’re going to be solving real problems.
    0:07:45 And other people are going to care then because they will care when you provide solutions to
    0:07:46 their problems.
    0:07:51 Now, the good news here is that humans, we’re natural born problem solvers.
    0:07:54 So how do you go find problems you can solve?
    0:07:55 Number one, through conversations.
    0:08:00 You can ask people questions like, you know, what challenges are you facing right now?
    0:08:02 What are the biggest threats to your business?
    0:08:04 What’s the most annoying thing in your life right now?
    0:08:07 Number two, maybe your own pain points.
    0:08:09 Where do you spend your own money?
    0:08:12 And especially the money that you’re kind of meh about spending.
    0:08:13 Like you wish there was a better option out there.
    0:08:16 Julia Tunstall explained recently on the show.
    0:08:20 She couldn’t in good conscience recommend any of the barware that was being sold on Amazon.
    0:08:25 So she and her husband, Chris, ended up having their own stuff manufactured and they were off
    0:08:26 to the races with that.
    0:08:31 And then maybe the third thing is what do other people complain to you about?
    0:08:35 If other people are complaining to it, maybe on the other side of that, there’s a business
    0:08:40 opportunity because problems are everywhere, but it’s the solution that may be the money
    0:08:42 making opportunity, the side hustle opportunity.
    0:08:48 The trick is to find a pain, find a problem that’s both real and perceived and hopefully worth
    0:08:49 spending money to solve.
    0:08:52 This is Greg Hickman from episode 270.
    0:09:02 Pay really close attention that you are falling in love with the problem that you solve, not the
    0:09:04 solution to the problem.
    0:09:05 Why do you say that?
    0:09:06 Just because the solution may change?
    0:09:07 Yeah.
    0:09:07 All right.
    0:09:09 Fall in love with the problem.
    0:09:12 So can I just give a little backstory on that real fast?
    0:09:13 Yeah, let’s hear it.
    0:09:17 So before Systemly, I had a business called Mobile Mix.
    0:09:19 It was a blog, podcast, turned into a mobile marketing engine.
    0:09:23 We were selling mobile services specifically to independent retail.
    0:09:24 Guess what?
    0:09:29 Independent retail, A, didn’t think they had a problem at all.
    0:09:30 So I had to convince them they had a problem.
    0:09:34 Then I needed to educate them on mobile because they didn’t even know anything about it.
    0:09:37 Then I needed to connect mobile as a solution to their problem.
    0:09:40 These guys weren’t even using email yet.
    0:09:44 Like if you think they’re going to be investing in mobile, it was a pain.
    0:09:50 I was basically slamming my head into a wall for a year or actually more than that, where
    0:09:53 we were just stuck at $5,000 to $7,000 a month in revenue.
    0:09:54 Yeah.
    0:09:55 You were the mobile marketing guy for years.
    0:09:56 Yeah.
    0:09:57 Over a decade.
    0:09:59 And so talk about pivot, right?
    0:10:05 But when I really looked at it, I was so in love with mobile because that was my background.
    0:10:06 I spent a decade there.
    0:10:07 I was the mobile guy.
    0:10:10 Like literally, people sometimes even say like, and it got to the point where I was like,
    0:10:12 I just had to have a really tough conversation.
    0:10:17 I was like, do I care more about being the mobile guy or do I care more about having a business
    0:10:19 that can create leverage and have longevity?
    0:10:23 And obviously that decision came down to, yeah, I don’t care about being the mobile
    0:10:24 guy anymore.
    0:10:27 I can reinvent myself, which is what I had to do.
    0:10:29 Now we’re here talking about funnels, not mobile, right?
    0:10:36 So just be careful that you might be good at something or love something so much that you
    0:10:41 become blinded to the fact that the person you want to sell it to, despite you knowing it
    0:10:46 will help, if they don’t feel like they have a problem, you’re never going to sell it.
    0:10:49 So fall in love with solving that problem.
    0:10:53 And the solution will come and you will find a way.
    0:10:57 But as long as you can be in love with that problem, you will always have a business because
    0:11:00 you can always solve that problem no matter what the solution is.
    0:11:05 Like fall in love with solving the problem, not the way that you solve the problem.
    0:11:10 And in your conversations, and this is straight from Dane Maxwell, start from zero.
    0:11:14 You can even ask people, well, what would your ideal solution look like?
    0:11:15 How much would that be worth to you?
    0:11:19 So now you’ve got your problem and a hypothesis on how you might go about solving.
    0:11:23 But this is where so many people get stuck on the side hustle sidelines.
    0:11:28 Hey, this is Pat Flynn from the Smart Passive Income Podcast.
    0:11:34 One of my favorite productivity hacks involves just a little note that is on my computer that
    0:11:35 says one single word.
    0:11:37 And that word is start.
    0:11:40 You know, an object at rest tends to stay at rest.
    0:11:45 And for me, I do a lot of things often that just try to fill in that space before I know I’m
    0:11:46 supposed to do something.
    0:11:49 So I often just procrastinate is really what I do.
    0:11:53 So I just tell myself through this note, just to post a note just on my computer, very simple
    0:11:55 to just start.
    0:12:00 Because once you get started, it starts to go a little bit easier, you build that momentum.
    0:12:05 And that’s just the best thing that has helped me is just reminding myself to start because
    0:12:08 we always try to get in our own way, don’t we?
    0:12:10 This is a big idea.
    0:12:13 Number four, just start out of all of my guests.
    0:12:14 Number one tips.
    0:12:16 This is far and away the most common.
    0:12:21 And when so many entrepreneurs attribute their ultimate success to simply getting started,
    0:12:23 again, it’s something you got to take notice of.
    0:12:26 The frustrating part is what’s often left unsaid.
    0:12:27 Just start.
    0:12:29 Yeah, but start what?
    0:12:30 What should I do?
    0:12:33 And the truth is, it really doesn’t matter.
    0:12:36 This is Julie Sharonosher from episode 123.
    0:12:39 It’s like a chess game.
    0:12:40 It doesn’t really end.
    0:12:45 If we have chess lovers in the audience, please don’t throw things at me for what I’m about
    0:12:50 to say, but it’s like, it doesn’t really matter what’s your very first move is going to be
    0:12:55 if you’re the first player starting a match in chess, because whatever it is, you’re just
    0:12:58 trying to drive response from your opponent.
    0:13:00 And this is what we’re trying to do.
    0:13:06 We’re trying to get some sort of feedback from the universe, from your clients, from your customers,
    0:13:11 from the people around you, from the readers of your blog, listeners of your podcast.
    0:13:14 We’re trying to feel what is the right thing to do.
    0:13:15 And you know what?
    0:13:21 Even if you get like a horrible response and people say, boo, this is not what we want.
    0:13:22 This is crap.
    0:13:24 You’re still in a better position.
    0:13:25 You know what?
    0:13:27 Because this is not a beauty contest.
    0:13:31 Now you know which path not to go.
    0:13:34 And it doesn’t testify anything about you or your abilities.
    0:13:39 It just means that you are one step closer to finding the right thing to focus on.
    0:13:44 One thing that’s interesting about the last nine years of interviews is we’ve seen a lot
    0:13:49 of entrepreneurs where the business they’re running today isn’t the business they necessarily
    0:13:50 started with.
    0:13:53 I mean, for me, I started selling paint jobs by going door to door.
    0:13:58 Never would have expected it would lead to talking to you and tens of thousands of other listeners
    0:13:58 today.
    0:14:02 Brian Finley described the phenomenon this way way back in episode 72.
    0:14:07 Some of the best opportunities that you’re going to find in business are going to be found
    0:14:11 once you’ve already started moving in a direction.
    0:14:16 Like very infrequently, you see incredible opportunities before you even start.
    0:14:20 Pretty much everything that’s happened around this business, the appliance school, all the training,
    0:14:25 everything that’s come out of my buying and selling at Craigslist, there were just opportunities
    0:14:30 that just kept presenting themselves after I had started and after I’d put in a bunch of
    0:14:31 hard work.
    0:14:35 I just want to encourage your listeners, try to get something to work and then just keep
    0:14:37 your eyes open for opportunities along the way.
    0:14:39 There it is.
    0:14:41 One of my most frequently cited pieces of advice.
    0:14:45 The best opportunities become visible once you’re in motion.
    0:14:50 And if opportunities become visible once you’re in motion, the only rational thing to do is
    0:14:52 to get moving and stay moving.
    0:14:54 I’ll call it the Loper Law of side hustle physics.
    0:14:56 Get started and stay started.
    0:14:58 Big idea number five coming up right after this.
    0:15:01 Who, not how.
    0:15:07 That’s the unlock that transforms side hustlers into business owners instead of business doers.
    0:15:11 You’re always going to run into problems and problem solving is a really important skill,
    0:15:14 but I’m constantly trying to remind myself I don’t need to know how to solve everything.
    0:15:18 I just need to be able to find the people that do know how to solve it.
    0:15:20 Who, not how.
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    0:16:10 Hiring Indeed is all you need.
    0:16:15 One strategy I didn’t fully embrace or maybe wasn’t fully aware of when I was starting out
    0:16:18 was this idea of the piggyback principle.
    0:16:22 In the startup phase, that means you don’t have to start completely from scratch, but instead
    0:16:27 you can take advantage of existing tools, templates, playbooks, best practices from the people who’ve
    0:16:28 gone before you.
    0:16:31 A perfect example of this is our partner Shopify.
    0:16:37 Shopify is the commerce platform behind millions of businesses from household names to side
    0:16:39 hustlers on their way to becoming household names.
    0:16:44 With hundreds of ready-to-use templates, Shopify helps you build a beautiful online store and start
    0:16:45 selling.
    0:16:49 Plus, Shopify is packed with helpful AI tools to accelerate your workflow.
    0:16:53 We’re talking product descriptions, page headlines, and even enhancing your product photography.
    0:16:58 You can even easily create email and social media campaigns to reach your target customers
    0:17:00 wherever they’re scrolling or strolling.
    0:17:02 If you’re ready to sell, you’re ready for Shopify.
    0:17:06 Turn your big business idea into with Shopify on your side.
    0:17:12 Sign up for your $1 per month trial and start selling today at shopify.com slash side hustle.
    0:17:15 Go to shopify.com slash side hustle.
    0:17:18 Shopify.com slash side hustle.
    0:17:24 Big idea number five is to go where the cash is already flowing.
    0:17:29 In fact, this idea was so big, I wrote a whole book about it in 2016 called Buy Buttons.
    0:17:31 The thesis is this.
    0:17:36 Go find the marketplaces and the meeting places and the connection hubs where your target
    0:17:40 customers are already looking to buy the kind of thing that you’re selling.
    0:17:46 That’s why we talk about Fiverr and Upwork and Udemy and Amazon and OutSchool and Facebook
    0:17:51 Marketplace and Etsy and Redbubble and all of these places that make it relatively simple
    0:17:57 to go put your product or service up for sale, tap into this big pre-existing audience of buyers
    0:18:01 and make it easy for them to find you and do business with you.
    0:18:07 I wasn’t necessarily thinking anything would come of this Fiverr account, but I made it
    0:18:11 and I uploaded my first, I think it was just one gig at the time.
    0:18:12 It was a website content gig.
    0:18:16 And to my surprise, I got my first order within two days.
    0:18:23 That was Georgia Austin from episode 479, who was doing 90 grand a month through Fiverr for
    0:18:24 freelance writing when we spoke.
    0:18:31 Now, think about that experience in contrast to if Georgia had just set up her own website
    0:18:34 and said, I can write website content for you.
    0:18:35 Crickets, right?
    0:18:39 But no, she went to this marketplace where people were already looking for this type of thing
    0:18:41 and put the offer in front of them.
    0:18:47 Similarly, you can take a look at existing listings on these marketplaces to see what’s
    0:18:47 working.
    0:18:51 Here’s Rachel Jones on doing some initial product research on Etsy.
    0:18:53 Success leaves clues.
    0:18:58 So my biggest recommendation is to go on Etsy and just explore.
    0:19:04 I mean, you can go as simple as just type in the word printables or digital download and
    0:19:05 see what pops up.
    0:19:08 And then one key thing you’re going to look for is bestseller tags.
    0:19:13 So Etsy gives this information away, which I love for doing research.
    0:19:18 But if you’re looking at listings, you can just kind of zoom out and glaze your eyes so
    0:19:21 you’re not paying attention and distracted by the pretty pictures, but just look for that
    0:19:22 bestsellers tag.
    0:19:27 And then once you find that, you can dig a little deeper and that will give you clues as to things
    0:19:32 that are selling because there’s, you know, I’m sure millions of products on Etsy and there’s
    0:19:34 it’s hard to tell which ones are selling and which aren’t.
    0:19:38 But you know if they’re a bestseller that they are getting sales, people are purchasing those.
    0:19:39 And so there’s a reason why those are popular.
    0:19:44 In just about every niche, there’s going to be a marketplace to set up shop and put your
    0:19:45 product or service up for sale.
    0:19:50 But if there isn’t an obvious marketplace, you can follow big idea number six.
    0:19:54 And this can work with online businesses, with e-commerce products, with service businesses.
    0:19:58 And that’s to fast track your side hustle with partnerships.
    0:20:04 This is a super common marketing theme throughout the archives, even going back to 2013, 2014.
    0:20:13 We had Ryan Cote on episode 34 talking about the value of strategic referral partnerships for his SEO agency.
    0:20:19 We had Daniel DiPiazza the very next week talking about his marsupial method, he called it, I guess,
    0:20:23 because you’re getting in the metaphorical pouch of a referral partner.
    0:20:28 But the gist of it is thinking who your target customers are already doing business with and
    0:20:34 then building relationships with those people as a fast track way to potentially connect with
    0:20:34 their customers.
    0:20:37 And it can be online or offline.
    0:20:41 For example, here’s one way Erica Crouppen marketed her pooper scooper business.
    0:20:43 What I did was something that was really creative.
    0:20:49 I went to Dunkin’ Donuts and I went and got donuts and I broke them up into half a dozen
    0:20:49 each.
    0:20:56 I walked into local vet offices and pet supply places and I said, hi, my name’s Erica, blah,
    0:20:56 blah, blah, blah, blah.
    0:20:59 I have donuts and business cards.
    0:21:01 May I leave both of them here?
    0:21:02 Okay, okay.
    0:21:03 Yeah.
    0:21:04 And that worked really well.
    0:21:08 And so they put my little, because I have a little hot pink cards, they put them up front
    0:21:10 and center and they were like, this is the coolest thing ever.
    0:21:14 Okay, yeah, that’s an interesting way to break through the clutter.
    0:21:17 First, the hot pink business cards and then the donuts.
    0:21:19 Like, hey, can I drop my business cards here?
    0:21:20 Ah, who are you?
    0:21:20 Get out the door.
    0:21:21 But hey, you brought us donuts?
    0:21:21 Fantastic.
    0:21:23 Exactly.
    0:21:28 And they get really excited, especially like I went to one pet store and they love donuts.
    0:21:30 So they’re like, yes, this is amazing.
    0:21:33 And so now they know me as like the poop scooping lady and the donut lady.
    0:21:36 Could you go speak at a conference?
    0:21:38 Could you guest on a podcast?
    0:21:43 Some of the biggest spikes on the side hustle show download chart have come immediately following
    0:21:49 a guest appearance on other relevant shows like Entrepreneurs on Fire, like Bigger Pockets
    0:21:51 Money, Mad Scientist, Choose FI.
    0:21:53 Could you display at an event?
    0:21:58 These types of partnerships that allow you to tap into somebody else’s audience are super
    0:21:59 powerful.
    0:22:05 And I encourage you to brainstorm a list of your top 10, 20, 100 potential dream partners
    0:22:08 and think of how you could be of service to them in some way.
    0:22:15 We did a full episode on this recently with Dustin Lean in episode 465 and specifically on holding
    0:22:20 partner workshops where you offer some free educational workshop.
    0:22:24 You showcase your expertise, which is great for consultants and freelancers.
    0:22:29 And in exchange, all the partner has to do is invite their audience.
    0:22:30 It’s a win win for everybody.
    0:22:34 Really, the biggest main question is, where are they already hanging out?
    0:22:36 Where are they online already?
    0:22:44 What other brand or website or company has a big, like maybe they have a really big budget
    0:22:49 and they’ve already spent the money to acquire the customers that you also want to acquire?
    0:22:50 So maybe it’s a software company.
    0:22:55 When you’re filling out that dream 100 list of who to partner with, think about who has your
    0:22:57 exact same target audience, but is not a competitor.
    0:23:01 And that brings us back to talking about why niching down is important.
    0:23:09 Because if you are, or in my case, I’m doing email marketing and SMS marketing for e-commerce brands.
    0:23:17 So now I can go to another agency even, or someone who’s a blogger with a big audience,
    0:23:21 but they teach about SEO, specifically SEO for e-commerce.
    0:23:22 And now we’re not competitors.
    0:23:26 So they don’t have to worry about me trying to siphon their audience for my business.
    0:23:28 And I don’t have to worry about the same thing from them.
    0:23:33 So we can actually form a good partnership, do a good workshop and cheer each other on
    0:23:34 instead of feeling like we have to compete.
    0:23:36 It’s definitely a win for everybody.
    0:23:40 So let that be your homework for today to think of some potential partnerships
    0:23:45 and start laying some of the initial groundwork to go out and make those a reality.
    0:23:49 Now, these buy buttons, marketplaces, and strategic partnerships
    0:23:52 are great ways to get customers quickly.
    0:23:55 But they can also be a little bit fragile.
    0:24:00 As anyone who’s ever faced a Google algorithm change or a Facebook update or getting your
    0:24:04 social media account mysteriously shut down, those people will tell you,
    0:24:08 yeah, you got to go take advantage of these platforms, but you also need to own your audience.
    0:24:14 And even nine years later from the side hustle show, the primary way to do that is still through
    0:24:15 an email list.
    0:24:19 And that’s big idea number seven, build your own email list.
    0:24:23 It doesn’t happen by accident, but it doesn’t need to be overly complicated either.
    0:24:30 The basic formula is still to offer some sort of lead magnet, be it a cheat sheet, template,
    0:24:36 a resource, a guide, a checklist, a free mini course, something of value in exchange for your
    0:24:36 visitor’s email.
    0:24:41 Here’s how Jennifer Maker broke it down, who, when we spoke, had an email list of something
    0:24:43 like 380,000 subscribers.
    0:24:46 And I’m sure it’s grown by leaps and bounds since then.
    0:24:51 My big goal in everything I do is to get people onto my mailing list.
    0:24:58 I don’t put a lot of faith in social media, like I use it, but at any time, Facebook or
    0:25:01 YouTube or whatever could say, hey, no go.
    0:25:06 So every blog post that I put out is typically it’s a how-to.
    0:25:07 If it’s not, it’s something very similar.
    0:25:11 And I funnel them to my lead magnet.
    0:25:14 And my lead magnets are very high quality.
    0:25:20 Typically, you can’t do the project without having my pattern or whatever it is that I’m
    0:25:21 giving away totally free.
    0:25:25 But it is something that another person might actually charge for.
    0:25:31 So it’s something valuable and necessary to do the thing that I am teaching people how to
    0:25:31 do.
    0:25:34 So all the teaching is in the blog post or the video.
    0:25:38 But to actually do exactly what I’m showing you how to do, you want to get onto my mailing
    0:25:38 list.
    0:25:40 Yes, there’s affiliate links in there.
    0:25:42 Yes, there’s a little bit of advertising.
    0:25:45 I’ve been actually decreasing that as I grow.
    0:25:48 But mostly, it’s to get onto my mailing list.
    0:25:52 And from my mailing list, then I nurture them.
    0:25:55 I don’t like, like, hey, you want to buy this stuff?
    0:25:59 I try to talk to them about me, find out about them.
    0:26:00 I invite them to email me back.
    0:26:05 And we build or attempt to build trust between us, right?
    0:26:06 So that they feel good about me.
    0:26:09 And I offer lots of awesome things free.
    0:26:14 And when I feel it’s appropriate, then I say, hey, I have an ebook that might help you with
    0:26:15 what you’re struggling with.
    0:26:16 Or I have a course.
    0:26:25 Another popular strategy is the quiz funnel, where you ask visitors to answer a handful
    0:26:27 of questions in exchange for personalized recommendations.
    0:26:33 This can be used very effectively in e-commerce, like we heard from Connor Meekin recently, and
    0:26:35 in content businesses as well.
    0:26:38 Here’s how it works for Tori Dunlap from her first 100K.
    0:26:41 And here’s how she drives email signups from TikTok.
    0:26:46 The caption was, if you want personalized resources, take the free quiz in my bio.
    0:26:52 So I had created, along with my team, a system where if you come to my website, you can take
    0:26:53 this free quiz.
    0:26:56 It asks you questions about your financial experience.
    0:26:58 You know, like, where are you at in your life?
    0:26:59 How are you employed?
    0:27:01 What’s your number one financial goal?
    0:27:05 And when you take the quiz, in exchange for your email, you get these results.
    0:27:07 You get this list of personalized resources.
    0:27:14 And so by directing people to the link in bio, right, I was hoping that if this video did
    0:27:17 well, I could, you know, increase my email list.
    0:27:19 So the video blew up.
    0:27:22 And within a week, we had gained 100,000 email subscribers.
    0:27:24 Holy crap.
    0:27:26 Which was insane.
    0:27:30 So we had already had about 40,000 email subscribers on our general list.
    0:27:33 And keep in mind, I had been at TikTok for like nine months at this point.
    0:27:35 So we had increased our following quite a bit.
    0:27:43 But that video, I think, increased my TikTok following by around 300,000 to 400,000 and
    0:27:46 converted 100,000 people to my email list.
    0:27:50 It also got me multiple features on BuzzFeed that then blew up.
    0:27:54 Features in pretty much every language, a feature on CBS, a feature on NBC.
    0:27:56 Like, it was insane.
    0:27:59 And so for me, it’s not enough to just go viral.
    0:28:03 I need you to have systems in place that can support that virality.
    0:28:11 I need you to have very strategic ways that you can convert those followers into either
    0:28:12 email list subscribers or paying customers.
    0:28:19 And so for me, really how I’ve driven sales from TikTok is either sales of my own products,
    0:28:23 my courses, my coaching, my workshops, or affiliate sales.
    0:28:27 I’ll talk about a high yield savings account and link my affiliate partner and, you know,
    0:28:29 be paid out that way through a conversion.
    0:28:34 That is big idea number seven, and it’s really stood out over the last nine years.
    0:28:40 Build that email list as a way to weather the storm, as a way to communicate directly with
    0:28:45 your target audience without relying on some big tech algorithm to show them your stuff.
    0:28:50 Building a similar quiz funnel is definitely something that’s on my project list for this
    0:28:50 year.
    0:28:54 I’m really inspired by what Tori’s built, and there are lots of other examples of people doing
    0:28:55 similar stuff.
    0:28:58 You know, building this email list is one of the most important metrics for me.
    0:29:02 So if you’re listening to this, if you’re not subscribed, come on in.
    0:29:02 The water is warm.
    0:29:06 Sidehustlenation.com slash join is an easy way to do that.
    0:29:10 You’ll get my weekly newsletter, my best side hustle tips straight to your inbox.
    0:29:11 All that jazz.
    0:29:13 Sidehustlenation.com slash join.
    0:29:17 Now, big idea number eight is actually related to that.
    0:29:22 If email is an important metric in your business, it makes sense to focus on that.
    0:29:26 One common trait that you might have noticed from Sidehustle Show guests is this practice
    0:29:34 of focusing on what matters as a business owner, and especially as a side hustler, you’re going
    0:29:39 to face distractions all day long, but there are probably only a few core things that really
    0:29:41 matter and move your business forward.
    0:29:45 Rosemary Groner explained it this way in episode 268.
    0:29:49 You don’t have to work 50, 60, 70 hours a week.
    0:29:53 If you spend your time doing the things that make you the most amount of money consistently,
    0:29:59 and you eliminate doing the things that make you less amount of money consistently, your
    0:30:00 income naturally grows.
    0:30:02 Like it’s almost impossible to fail at this.
    0:30:08 She went on to explain what that looked like for her blogging business at BusyBudgeter.com.
    0:30:14 So I eliminated anything that wasn’t the most important thing for my growth.
    0:30:17 So I didn’t answer all of those spam emails that you get there that are like, hey, can
    0:30:20 you put this as infographic and in your blog posts?
    0:30:21 Like, no, I didn’t even like read them.
    0:30:26 I didn’t answer every blog comment, which is something that pretty much everyone tells you
    0:30:26 to do.
    0:30:29 I didn’t do all the things that everybody else thought was important.
    0:30:32 For me, this practice has a few parts.
    0:30:36 First, I try and do a daily check-in as part of my nightly shutdown routine.
    0:30:43 I ask myself what I got done that day and compare that to the list that I said the night before
    0:30:44 were my top priorities.
    0:30:45 If they match up, great.
    0:30:47 If they don’t, why not?
    0:30:47 What happened?
    0:30:52 The next phase in this review process for me are my quarterly progress reports.
    0:30:58 This is a chance to publicly reflect on what I worked on and the results of those projects.
    0:31:02 It’s a great excuse to review a few times a year what’s working in your business and what’s
    0:31:02 not.
    0:31:07 Other people will call these, you know, after action reports or monthly or quarterly reviews.
    0:31:09 But the idea is the same.
    0:31:14 Stop for a second to ask yourself if the hours you’re putting in are making any meaningful impact.
    0:31:19 Because if they’re not, that’s when it’s time to adjust course before you get in any deeper.
    0:31:25 And finally, I run what I call revenue attribution reports once or twice a year.
    0:31:28 And this is just a high-level analysis of what’s driving sales.
    0:31:29 Like, where is the money coming from?
    0:31:34 That way, you can hopefully pour more fuel on the fire for the channels that are working
    0:31:37 and maybe cut back your hours on the projects that aren’t as lucrative.
    0:31:43 And if you do the important things consistently and move to eliminate, automate, or delegate everything
    0:31:47 else, you’re going to start feeling this sense of positive momentum and the flywheel gets
    0:31:49 spinning, this sense of positive progress.
    0:31:54 If I’m feeling a little bit antsy or stressed or whatever, I’m like, have I exercised today?
    0:31:56 What am I behind on?
    0:31:58 What is troubling me right now?
    0:32:00 I think if you ask yourself, like, what’s troubling you?
    0:32:01 Did today matter?
    0:32:02 Did I do something that mattered today?
    0:32:06 Or was it just kind of like a normal day where I can’t really identify something?
    0:32:10 I think you want to have like more and more days where you’re like, yes, today was, it’s
    0:32:11 not so much like a great day.
    0:32:15 Like, it’s cool to be, to have a great day, but it’s like today actually mattered because
    0:32:17 I made progress on something.
    0:32:18 And that to me is very motivating.
    0:32:20 That was Chris Guillebeau.
    0:32:24 And that was a nugget that hit home because there are a lot of days or there were a lot
    0:32:29 of days where I kind of felt like I’m in maintenance mode or I didn’t have this, you know, big block
    0:32:32 of deep work time to make progress on some new projects, new initiative.
    0:32:36 But this daily check-in of did today matter?
    0:32:37 I think that can be really powerful.
    0:32:41 My buddy, Chad Carson, even has t-shirts that say, do what matters.
    0:32:43 I’m still trying to get myself one of those.
    0:32:45 So hopefully he puts up some merch for sale soon.
    0:32:47 But that is big idea number eight.
    0:32:51 It’s this habit of reflection, analysis, and focus.
    0:32:55 doubling down on what’s working and adjusting course as needed.
    0:32:59 There’s this compound effect of aiming to get a little bit better every day.
    0:33:05 More big ideas from 12 years of the Side Hustle Show coming up right after this.
    0:33:10 Remember data from the Goonies, the guy with all the gadgets, or data from Star Trek?
    0:33:12 I think that’s why I say data instead.
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    0:35:20 Big idea number nine.
    0:35:21 We’re on the homestretch here.
    0:35:24 Big idea number nine is growth through mentorship.
    0:35:31 The idea of mentors and coaches and masterminds and paying for courses, that was all pretty
    0:35:35 foreign stuff to me nine years ago, but I’ve benefited tremendously from all of the above
    0:35:36 since then.
    0:35:43 I definitely had this sense of maybe ill-placed self-confidence in that, yeah, you know what,
    0:35:44 I can figure everything out on my own.
    0:35:50 And maybe I could, given an unlimited time horizon, but there’s certainly some value in
    0:35:51 shortcutting the learning curve.
    0:35:58 First off, by paying attention to what other people in the space are doing, but also paying
    0:36:02 for coaching, building your own mastermind group of people working towards similar goals.
    0:36:07 Now having been a part of several mastermind groups over the last nine years, it’s hard to
    0:36:12 imagine going at it without them, without some sort of peer accountability.
    0:36:18 But more than that, it’s the camaraderie and the honest feedback and the glimpse into other
    0:36:23 online businesses, it’s super helpful to have a group of other business owners to bounce
    0:36:26 ideas off of and help each other work through challenges.
    0:36:32 If you’re currently going at it alone, I would prioritize creating some sort of mastermind or
    0:36:33 accountability group.
    0:36:35 It’s an overused quote, but there’s some truth to it, right?
    0:36:38 You’re the average of the five people you spend the most time with.
    0:36:41 So surround yourself with people on the same path.
    0:36:45 Just a few weeks ago, Joan Farrell left us with this hit home for me.
    0:36:50 No matter what you choose to do, you should educate yourself.
    0:36:59 Even if you know some about it, the best thing to do is to take a course, go on to YouTube, do
    0:37:03 your research before you start it, which is what we did.
    0:37:12 And when Jack told me about the Flea Market Flipper University course, it was the perfect venue
    0:37:17 because you need education to further yourself no matter what you do.
    0:37:22 And you can still be considered learning it on your own.
    0:37:28 But when you have somebody tell you exactly the trials and tribulations you’re going to run
    0:37:35 into and how to perform the business and how it actually works, it’s a lot easier than trying
    0:37:37 to try to do it all on your own.
    0:37:40 And education is cheap compared to ignorance.
    0:37:48 So you want to just continue to build your knowledge no matter what you choose to do.
    0:37:50 Education is cheap compared to ignorance.
    0:37:53 It’s the same reason why reading books has a tremendous ROI.
    0:37:59 It’s this ability to download somebody else’s experience and skills and knowledge and apply it to your situation.
    0:38:04 And it doesn’t have to cost a lot of money, but mentorship and investing in your own entrepreneurial
    0:38:07 education is definitely a common theme from Side Hustle Show guests.
    0:38:12 And again, it probably sounds like common sense to you, but it wasn’t something that was really
    0:38:14 on my radar when I started the show.
    0:38:21 And that brings me to big idea number 10, which is to level up, to create systems and to become
    0:38:24 the business owner more than the business doer.
    0:38:31 Tyler Gillespie dropped this challenge slash thought exercise on us in episode 430 in what
    0:38:32 he called the laptop test.
    0:38:38 If you closed your laptop today, how long would your business survive?
    0:38:44 And that’s really important because if someone’s going to buy your business, it’s a huge tell like
    0:38:46 how dependent the business is on you.
    0:38:53 And the more team you can have implemented and built around yourself where you could close
    0:38:58 your laptop and step away for two weeks, a month, which is like kind of the goal I try
    0:39:00 to set, then the better off your business is going to be.
    0:39:02 That’s going to be really attractive for an investor.
    0:39:04 The laptop test.
    0:39:10 This is something that I’ve done okay with in certain areas, but for full disclosure, have
    0:39:11 completely failed in others.
    0:39:17 One exercise that I’ve used in the past is to create a detailed time audit, and I’ve
    0:39:20 got a time tracking template that you can download.
    0:39:21 I’ll put it in the show notes for this episode.
    0:39:23 But the idea is this.
    0:39:25 You can’t manage what you don’t measure.
    0:39:29 So you need to measure what you’re actually spending your time on.
    0:39:34 Do that for a week or two weeks, and you’re going to start to see some patterns of tasks that
    0:39:38 you can hopefully eliminate if they’re not really that important, that you can automate and
    0:39:42 create some recurring system or process around, or delegate those.
    0:39:47 Could you write up the recipe, create the process, and have somebody else on your team
    0:39:48 go and follow that recipe?
    0:39:50 When is it time for a system?
    0:39:57 Jeff DiOrio from EliteChess.net in episode 487, he said, as soon as I got something unmanageable
    0:40:01 to where I’m staying up all night doing something, that’s when I think, okay, it’s time to get
    0:40:07 a system to get to that next level and pursue some other fun projects or experiments that
    0:40:08 I’d like to.
    0:40:13 I really need to scale back my involvement in certain day-to-day operational tasks.
    0:40:20 So this type of laptop test and systemization is kind of a high priority for me this quarter
    0:40:24 and is a big idea from nine years on the show to consistently level up.
    0:40:27 You’ve got to be working on your business rather than in it.
    0:40:33 Hey, 2025 Nick here with a couple more big ideas to add in the three years since this episode
    0:40:34 originally aired.
    0:40:39 Number 11 is what I’m calling the only constant is change.
    0:40:45 We’ve seen so many industries interrupted by AI or algorithm changes lately, and it feels
    0:40:49 new and scary, but we kind of have to take a step back and realize this kind of change and
    0:40:51 disruption has been going on for centuries.
    0:40:57 The entrepreneurs and businesses that endure are the ones that can adapt the fastest.
    0:41:03 The answer may lie in this excellent bit of advice from Jill Tietz in episode 535.
    0:41:07 My number one tip is iterate.
    0:41:15 If something is not working in the way that you want, don’t just say, you know, it must be
    0:41:22 the algorithm or because that person’s lucky or, you know, everyone’s out to get me, make
    0:41:22 some changes.
    0:41:24 Try something new.
    0:41:28 Like a lot of times we’ll do the same thing over and over and over and over and it’s not
    0:41:32 working and we don’t know why, but then we keep repeating it.
    0:41:37 So just like I did with my posts, make new iterations, try a new thing and then you’ll see,
    0:41:38 oh, that was even worse.
    0:41:44 So I should change it back or change this and like, so just be willing to try new things
    0:41:46 and new versions of what you’re doing.
    0:41:47 Iterate.
    0:41:50 And if you’ve been listening to the show for any length of time, you’ve probably heard some
    0:41:55 of those iterations, starting out with the voiceover hype guy from Fiverr, phasing him
    0:41:57 out, working in different intros, different formats.
    0:42:01 The latest is the little music bed at the top of the show to see if that brings a bit more
    0:42:04 energy, gets people more excited to stick around.
    0:42:08 That was a tip from Glenn James at FinCon, big personal finance podcaster in Australia.
    0:42:13 Another iteration has been adding the, you might also like section to the bottom of my
    0:42:17 newsletter, which inadvertently unlocked a new revenue stream in the form of newsletter
    0:42:17 sponsorships.
    0:42:23 The answer to growing your business or getting that initial traction, it’s probably evolution
    0:42:24 and not revolution.
    0:42:29 There may be some small incremental tweaks that you can make to your message, you know, a one
    0:42:33 degree shift in direction versus a, you know, a wholesale 180.
    0:42:38 And those little changes to your marketing, to your message, to your product, those can
    0:42:39 have a big impact.
    0:42:43 But doing the same thing over and over again and expecting different results, that’s the
    0:42:46 definition of insanity, at least a quote attributed to Einstein.
    0:42:48 Hashtag not fact checked on that.
    0:42:53 The 12th big idea I want to share is to remember it’s just a game.
    0:42:54 Yes, you should play to win.
    0:42:55 That’s the whole point.
    0:42:59 But if you’re not having fun, maybe it’s time to find a different game.
    0:43:04 This is a variation of finding the work you love to do that lights you up and figuring
    0:43:06 out how to remove or delegate the rest.
    0:43:13 It’s about finding a state of flow and excitement and energy around your business and tasks such
    0:43:15 that you wake up in the morning and you’re excited to get to work.
    0:43:19 In episode 511, Matt Ruttenberg gave this advice.
    0:43:26 Especially when you’re looking for a side hustle, I think using your superpower, whatever that
    0:43:31 is, whether it’s are you analytical, are you kind of a networker, do you like to talk to
    0:43:32 people, do you like to connect with people?
    0:43:38 Find something that will always be natural for you and that’ll help you be as successful
    0:43:40 as you can be and be interested in it.
    0:43:44 Truthfully, I’ve always found this advice to be a little bit stressful.
    0:43:45 Like, look, I don’t have a superpower.
    0:43:51 I don’t have the ability to knock through walls or predict the future or even edit amazing videos.
    0:43:56 But I’ll give the example of a superpower I’ve come to embrace the last couple of years, which
    0:44:00 years ago never would have even considered a skill, let alone a superpower.
    0:44:05 But it’s Matt’s words were, you know, what comes natural to you?
    0:44:09 And so the one that came up for me was this natural curiosity.
    0:44:14 And this comes up again in the Side Hustle Nation surveys or podcast reviews or conversations
    0:44:19 with listeners like, hey, you seem genuinely curious or you ask the follow-up question that
    0:44:20 was on the tip of my tongue.
    0:44:26 And I think that curiosity is something that’s helped me produce 600 plus episodes of the show.
    0:44:27 It’s fascinating.
    0:44:30 What makes all these businesses tick?
    0:44:31 How’d you come up with the idea?
    0:44:33 How’d you find your first customers?
    0:44:35 How’d you figure out how much to charge?
    0:44:37 How, when did you feel comfortable leaving your day job?
    0:44:39 I love all of that stuff.
    0:44:43 And it works or has worked on the written side, written content side of the business too.
    0:44:48 Some of my best performing pieces of content started from my own curiosity.
    0:44:50 Well, how, how does this app work?
    0:44:52 How do people make money doing, you know, fill in the blank?
    0:44:55 And so that’s a superpower that I’ve been leaning into lately.
    0:45:00 And I think the kids are helpful on the curiosity front too, because they’re naturally curious
    0:45:02 about how things work.
    0:45:09 And it forces you to stop and look at the leaves and bugs and stuff that you would normally walk
    0:45:10 on by without even questioning.
    0:45:14 Actually, on that note, a story from FinCon, I think is relevant.
    0:45:17 A tale of two very different networking strategies.
    0:45:21 First guy comes up and he’s like, hey, I had the goal to hand out 50 business cards tonight.
    0:45:22 I’ve only got five left.
    0:45:23 Would you take one?
    0:45:24 Sure.
    0:45:25 You know, and then he walks away.
    0:45:26 They’re like, great, dude.
    0:45:31 Second guy, a friend of mine, you know, looking around this crowded networking happy hour.
    0:45:34 He’s like, the way I see it, I’m surrounded by teachers.
    0:45:36 And I just love that quote.
    0:45:37 I’m surrounded by teachers.
    0:45:39 I can learn something from everybody.
    0:45:42 So, so in that scenario, please try to be more like guy number two.
    0:45:50 So to summarize, we’ve got 12 big ideas from 12 years and 670 plus episodes of the Sign Hustle
    0:45:50 Show.
    0:45:54 It was a big challenge to narrow these down to just 12 because it’s weird.
    0:46:00 I felt like I was a reasonably well-educated and reasonably successful entrepreneur when the
    0:46:01 show started.
    0:46:04 Yeah, I have learned so much from my guests over the years.
    0:46:04 It’s incredible.
    0:46:10 The knowledge that rubs off both from individual conversations, but really from the repetition
    0:46:16 of doing it and the cumulative advice and common themes and traits that start to bubble up to
    0:46:18 the top over the years.
    0:46:23 But to recap, we have number one was to set the vision and figure out why it’s important to
    0:46:24 you from Brian Scudamore.
    0:46:27 Number two was to piggyback on trends.
    0:46:30 We’ve got a recent episode all about the piggyback principle.
    0:46:32 Number three is to solve problems.
    0:46:35 People pay to make problems go away.
    0:46:38 Number four was to just start and stay started.
    0:46:42 An entrepreneur in motion tends to stay in motion and just start.
    0:46:44 Remember, choosing what’s next doesn’t mean choosing what’s forever.
    0:46:45 Just start.
    0:46:49 One of the most common pieces of advice from entrepreneurs when asked for their number one
    0:46:50 tip for sign-ass all nation.
    0:46:54 Number five is to go where the cash is already flowing.
    0:46:56 Go where your audience already is.
    0:47:00 In the words of Charlie Munger, the first rule of phishing, go phishing where there’s fish,
    0:47:00 right?
    0:47:04 Number six was to fast track with partnerships.
    0:47:08 Who is already speaking to the people that you want to get in touch with?
    0:47:10 Fast track with partnerships.
    0:47:12 Number seven is to build your email list.
    0:47:14 How are you going to algorithm proof your business?
    0:47:15 Think of it that way.
    0:47:19 Something that you own and control and can be proactive about communicating with people about.
    0:47:23 Number eight is to do what matters and to do it consistently.
    0:47:25 Remember that advice from Rosemary Groner.
    0:47:31 It’s almost impossible to fail if you do what matters, what has ROI, and you do it consistently.
    0:47:34 Number nine is to accept mentorship and education.
    0:47:37 There’s a sense of pride in, well, I figured this out all on my own.
    0:47:42 But to fast track your learning curve, lean into mentorship and education.
    0:47:45 Number 10 is to level up.
    0:47:48 Become the business owner more than the business doer.
    0:47:50 This is the call to create systems.
    0:47:53 This is Tyler Gillespie’s laptop test.
    0:48:00 This is the automation, elimination automation delegation framework, like leveling up in your
    0:48:01 life and your business.
    0:48:07 Number 11 is the first of the new ones that we added for the 2025 edition was to iterate.
    0:48:08 The only constant is change.
    0:48:10 That has never been more true.
    0:48:13 It seems like the pace of change has absolutely accelerated.
    0:48:18 But it is a constant that we can almost, you know, set our watch to, we can rely on.
    0:48:23 And so you have to be prepared to continue to innovate and iterate in your business.
    0:48:24 And finally, number 12.
    0:48:26 Remember, it’s just a game.
    0:48:29 And if it’s not fun, go find a different game.
    0:48:37 This is the call to follow what seems easy or effortless to you and follow that direction.
    0:48:40 Swim downstream versus trying to paddle against the current.
    0:48:46 So I owe a huge heartfelt thank you to every single guest over the years, over 600 of you
    0:48:48 and to you for tuning in.
    0:48:52 I also owe a big thank you to our sponsors for helping make this content free for everyone.
    0:48:54 That is it for me.
    0:48:59 If you found value in this episode or any other over the last 12 years of the show, the greatest
    0:49:00 compliment is to share it with a friend.
    0:49:03 Until next time, let’s go out there and make something happen.
    0:49:05 and I’ll catch you in the next edition
    0:49:06 of the Side Hustle Show.

    12 years. 670+ episodes. Countless side hustle success stories.

    It’s been a wonderful ride with The Side Hustle Show, and this week, I’m sharing 12 of the biggest side hustle ideas that have stood the test of time.

    The first 10 ideas originally aired in our 500th milestone episode back in 2022. And for this 2025 edition, I’ll be back at the end with two fresh lessons that have emerged over the past few years.

    Tune into Episode 670 of the Side Hustle show to learn:

    • timeless strategies successful side hustlers swear by
    • simple tweaks that can give new growth and revenue streams
    • how to stay adaptable and keep winning, no matter how the game changes

    Full Show Notes: 12 Big Ideas From 12 Years of The Side Hustle Show

    New to the Show? Get your personalized money-making playlist here!

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  • 438: Listener Success Story: From Idea to 6-Figure Side Hustle (Greatest Hits)

    AI transcript
    0:00:06 Here’s an oldie but a goodie from the archives from the Side Hustle Show Greatest Hits Collection.
    0:00:10 Plus, stick around for the time travel segment at the end where we check in with present-day
    0:00:15 Anthony to get his update on everything that’s happened since this 2021 original.
    0:00:18 What’s up, what’s up, Nick Loper here.
    0:00:23 Welcome to the Side Hustle Show because your 9 to 5 may make you a living, but your 5 to
    0:00:24 9 makes you alive.
    0:00:31 In this episode, you’ll meet Anthony and Janilka Hartzog, who were on a mission to erase
    0:00:34 six figures of debt, which they ended up doing in under two years.
    0:00:39 They were making good money at their day jobs, they’re following the Dave Ramsey debt snowball
    0:00:44 plan, but they came to this realization, like many listeners of the show do, there’s only
    0:00:46 so much you can cut from your budget.
    0:00:50 That’s when they turned to the income side of the equation and started a ton of different
    0:00:51 side hustles.
    0:00:57 They picked up second jobs at their gym, they were renting out their car on Turo, they
    0:01:03 were dog-sitting, and inspired by my episode with Chris Schwab, 295, they started a residential
    0:01:07 cleaning business called Maidstomatch.com.
    0:01:14 Today, that business is doing $20,000 to $25,000 a month in sales with other people doing the
    0:01:14 cleaning.
    0:01:19 Anthony and Janilka are fully in business owner mode, dedicating just a few hours a week to
    0:01:19 it.
    0:01:24 Stick around in this one to hear how they got it done while working full time, including
    0:01:28 how they connect with reliable cleaners and the marketing tactics that are paying off.
    0:01:35 You can follow along with their journey at The Hartramony on Instagram, H-A-R-T, and you’ll
    0:01:40 find the full text summary of this episode along with the links and resources mentioned at
    0:01:45 sidehustlenation.com slash clean2, clean and then the number 2.
    0:01:50 While you’re there, make sure to download the free list of 101 service business ideas that
    0:01:53 you might be able to apply Anthony and Janilka’s strategy to.
    0:01:59 Once again, that’s at sidehustlenation.com slash clean2 or through the link in the episode
    0:02:01 description of your podcast player app.
    0:02:04 I’ll be back with my top takeaways after the interview.
    0:02:05 Ready?
    0:02:06 Let’s do it.
    0:02:15 I came across one of your interviews where it was a kid, a guy that was making $10,000 a
    0:02:20 month in cleaning, but the caveat was he wasn’t cleaning houses himself.
    0:02:21 That was a big caveat.
    0:02:26 So I brought the idea to my esteemed wife and…
    0:02:26 I said no.
    0:02:32 At that time, at first I thought he meant that we were going to be cleaning and he explained
    0:02:35 no, but at that time we had never run a business before.
    0:02:37 So it was just kind of left field.
    0:02:38 It’s like, well, how do we do this?
    0:02:39 How do we know where to start?
    0:02:45 He’s like, I’m telling you, I listened to this podcast and he’s been doing it.
    0:02:46 So it kind of was a no.
    0:02:51 And then he brought it back maybe two, three months after with more results, more information
    0:02:52 that he’s gained, that he gained.
    0:02:55 And that was the kickstart for us.
    0:02:55 All right.
    0:02:58 So this is Chris Schwab, you know, from ThinkMades.
    0:03:02 It’s like, if he can do this, you know, while he’s still in college, like we ought to be able
    0:03:03 to figure this out.
    0:03:07 After convincing Janilka, what was the next step to make this thing a reality?
    0:03:12 Before she even came back around and quote, unquote, me convincing her, the idea had to
    0:03:12 be planted first.
    0:03:13 That was a big part of it.
    0:03:15 Plant the idea, plant the seed.
    0:03:18 And then we’ll revisit it over the next couple of weeks.
    0:03:21 So I spoke to Chris and he explained some of the basics.
    0:03:23 I did a lot of Googling, a lot of researching.
    0:03:25 And it was like, listen, we could do this.
    0:03:26 We’re not going to have to clean.
    0:03:28 Here’s how we’re going to do it.
    0:03:29 We’re going to hire contractors.
    0:03:37 It’s going to be similar to like handy.com or Airbnb or even Uber, Lyft, DoorDash.
    0:03:38 We’re not going to deliver food.
    0:03:40 We’re not going to have hotels.
    0:03:44 It’s going to be us connecting cleaners with people who want their houses cleaned.
    0:03:51 Yeah, it’s an interesting one because thinking advantage of the current state of the business
    0:03:56 where a lot of these existing operators in the cleaning space and in really a lot of local
    0:03:59 service businesses, they don’t have a great online presence.
    0:04:03 They kind of rely just on the clients they’ve always had or, you know, maybe a little bit
    0:04:08 of word of mouth, but like they’re not doing a lot of proactive marketing stuff in the digital
    0:04:08 age.
    0:04:14 And so you’re saying, okay, we can come in here and present a well thought out brand, which
    0:04:19 you’ve done at maidstomatch.com and then go out and find cleaners for that.
    0:04:24 So was it a matter of trying to book the jobs first or try and find cleaners first?
    0:04:26 Oh, that’s our number one question.
    0:04:29 The chicken, which come first, the chicken or the egg?
    0:04:34 Well, we always say that we get the contractors first because we don’t want to do the clean.
    0:04:38 So if you start booking the jobs and they come in, unless you’re able to go out there and
    0:04:40 do the clean, you need to have the contractors.
    0:04:44 And I know sometimes people are saying, well, I don’t have enough work for contractors.
    0:04:46 So why would I continue to bring them on?
    0:04:48 But as a contractor, they have other jobs.
    0:04:50 They’re not just relying on you.
    0:04:55 So that’s okay for them to just be waiting, you know, maybe a week or two to get jobs from
    0:04:55 you.
    0:04:59 But we definitely say get the contractors unless you are comfortable going to clean the
    0:05:00 home yourself.
    0:05:04 And we tell all of our students that because it’s important to know what you’re going to
    0:05:07 do first because a lot of them get stuck on that, what comes first part of it.
    0:05:10 And if we tell you what should come first, you should just go and do that.
    0:05:14 So we try to make it as simple as possible when we’re talking about,
    0:05:17 this business structure, not only for us to learn it, but also for our students as well.
    0:05:21 What was that process like for you guys to find those cleaners?
    0:05:22 That’s why I’m finding the business.
    0:05:23 People.
    0:05:28 Finding people to this day when people always act as we would say, always be hiring.
    0:05:33 So we’re always marketing the same way we market for our cleaning business.
    0:05:35 We market for contractors as well.
    0:05:40 Because, you know, as a contractor, they have the flexibility of one day saying, yeah, I don’t
    0:05:42 want to work anymore or moving or whatever the case may be.
    0:05:46 So if we want to continue to grow, we need to continue to market to them.
    0:05:48 So that is the ongoing process for us.
    0:05:51 And we try to market in various different ways.
    0:05:52 So we do.
    0:05:54 We talk about free marketing versus paid marketing.
    0:05:58 So a lot of free places where you can find people are Facebook groups, believe it or not.
    0:06:00 A lot of people are looking for jobs on Facebook.
    0:06:02 Craigslist, a lot of cleaners.
    0:06:04 When you’re talking about looking for contracts, you look for cleaners.
    0:06:07 They’re still marketing in places like that to find cleaning jobs.
    0:06:11 So if they’re still on Craigslist looking for jobs, they’d be on Craigslist looking for work
    0:06:11 as well.
    0:06:16 Nextdoor.com is another big place we look for cleaners on the free set of things.
    0:06:22 But paid, looking for people on Yelp, Thumbtack, also Indeed, ZipRecruiter.
    0:06:28 So we teach people different ways to kind of find the cleaners, but there’s numerous ways
    0:06:28 to find them.
    0:06:33 And let’s say you find somebody through a Nextdoor, through a Craigslist.
    0:06:35 What’s the pitch to them?
    0:06:37 Is it just, we’d love to add you to our roster.
    0:06:38 We’re a new cleaning business.
    0:06:43 If you have any availability in your calendar, we’d love to be able to try and help you fill
    0:06:43 that.
    0:06:44 Like, what’s that conversation like?
    0:06:47 We basically let them know like what we can provide for them.
    0:06:50 Why would you work with us, basically?
    0:06:51 What’s in it for me?
    0:06:52 What’s in it for them?
    0:06:56 And how we, how frequently we pay, how much we pay, all those type of things we go over
    0:07:01 with them in the process before we continue on with the interview process.
    0:07:03 So yeah, we do pitch the services in that way.
    0:07:04 It varies.
    0:07:06 Some people like have done it before.
    0:07:08 They know the platform.
    0:07:09 They know like how it works.
    0:07:11 So they’re like totally understand.
    0:07:12 And some people feel like it’s too good to be true.
    0:07:15 And so they’re like, huh?
    0:07:17 Like, so I just get this amount.
    0:07:19 So we basically say like, you do the job well.
    0:07:21 We handle everything else.
    0:07:22 We handle the marketing.
    0:07:22 We have everything else.
    0:07:24 You just got to show up, do the clean.
    0:07:25 And that’s it.
    0:07:27 You don’t have to worry about the pricing.
    0:07:28 You don’t have to worry about the customer service.
    0:07:29 You don’t have to worry about rescheduling.
    0:07:33 We handle, we handle all those things that they’re usually not good at.
    0:07:35 And most cleaning technicians are good at cleaning.
    0:07:38 So most people in the local service business is really good at cleaning.
    0:07:39 Right.
    0:07:43 Talk to me about the pricing conversation because this is, I mean, you got to make money on the
    0:07:43 spread.
    0:07:49 If they’re used to charging, I don’t know, 80 bucks to do this job and you’re going to charge
    0:07:51 the customer 80 bucks, there’s no margin left over.
    0:07:54 Tell me about how that piece of the puzzle works.
    0:07:55 Okay.
    0:07:58 So when it comes to pricing, we do, we’re very upfront about that.
    0:08:03 Our cleaners get 60%, we get 40% and they’re able to see right away how much they’ll get paid
    0:08:05 for a job when they’re accepting it.
    0:08:10 We also encourage them to go onto our website so they can see how much we are charging clients,
    0:08:12 but also it’s a partnership.
    0:08:16 So if they are somewhere and they feel like, hey, the client should be charged a bit more,
    0:08:18 they kind of communicate that to us as well.
    0:08:24 So that’s an ongoing conversation, but we’re very upfront about the pricing and we’re priced
    0:08:26 a bit higher so that the split does make sense.
    0:08:31 And we also ask them when we start working with them, how much do they charge their clients
    0:08:34 so we can get an idea of, okay, once we split this, does it make sense?
    0:08:35 Is it too high?
    0:08:37 Is it too low to kind of go from there?
    0:08:41 And it also makes sense for our clients as well, because we always get the conversation
    0:08:44 as to, oh, I had a private cleaner and it was a lot cheaper than you guys.
    0:08:45 Why are you guys more expensive?
    0:08:49 But there’s a reason why you’re talking to us, why you’re having a conversation with us,
    0:08:54 because either your previous cleaner wasn’t good enough for you or what happens more likely
    0:08:55 is that they cancel.
    0:08:55 Yeah.
    0:08:57 And now you’re stranded and you need somebody last minute.
    0:09:01 But if someone cancels on us, we have an entire team that we could get out to you versus just
    0:09:02 having one person.
    0:09:08 Is there a target hourly rate that you’ve found cleaners are happy with?
    0:09:09 Yeah.
    0:09:14 What we say is the rate kind of breaks down to even with the 60%, it ranges from about $25
    0:09:16 to $35 an hour.
    0:09:19 But honestly, it’s usually probably 30 plus.
    0:09:20 Yeah.
    0:09:24 Usually, depending on how fast they clean or how good they are, how many jobs they were to
    0:09:25 take.
    0:09:27 Do they have a team so they can take bigger homes?
    0:09:28 All those things varies.
    0:09:31 But I would say it’s usually no less than $30 an hour.
    0:09:32 Okay.
    0:09:35 And do you guys have it where it’s somewhat fixed pricing?
    0:09:36 Like, hey, if you’ve got a two-bedroom place, it’s this.
    0:09:38 If you have a three-bedroom place, it’s this.
    0:09:40 Yes, we have a flat rate.
    0:09:45 But obviously, if you add on things, if it’s a deep clean or if you’re looking for a move
    0:09:50 in, move out, where we’re doing inside fridge and oven, square footage does come into place
    0:09:52 when it’s like 2,500 square feet and higher.
    0:09:54 So those type of things.
    0:09:55 Mostly, it is the flat rate.
    0:09:57 What you see there is what you’re going to pay.
    0:10:01 And that works out for our clients as well because they don’t feel like if you’re doing
    0:10:04 the hourly rate, they may feel like we’re trying to milk the clock, but also it helps us with
    0:10:05 our cleaners as well.
    0:10:09 So we don’t have to worry about them or anyone attempting to milk the clock while they’re cleaning
    0:10:10 as well.
    0:10:13 So our clients know once we get there, that’s the price.
    0:10:16 And our cleaners know once you get there, that’s the price that you’re going to make.
    0:10:20 So if you finish it really well and you do the job well, that’s what you’re getting paid.
    0:10:23 If you want to take your time, that’s totally fine because you’re getting paid the same rate.
    0:10:24 The owner’s going to pay the same rate as well.
    0:10:28 Do you ever roll up to a house or have one of your cleaners roll up to the house and be
    0:10:29 like, no way.
    0:10:32 There’s no way I’m getting out of here and making any sort of money.
    0:10:33 This is going to take days.
    0:10:35 We have a very open relationship.
    0:10:40 So if they get somewhere and it’s more than what the client had put on the booking form,
    0:10:42 because all these homes are sight unseen.
    0:10:44 All of our clients are booking us online.
    0:10:48 So we go by their word, but we tell our contractors, you’re our eyes and ears.
    0:10:51 If you get there and it’s not what it says, we need to know.
    0:10:56 So we’ve had that happen and we have them send us pictures and we have the conversation
    0:10:59 with the client of like, you know, this is more than what was said.
    0:11:00 You know, this is what the price will be.
    0:11:01 Yes or no.
    0:11:02 And that’s how we proceed.
    0:11:07 And even with that flat rate pricing, we have an asterisk that says this is for the
    0:11:11 average house that’s normally cleaned up on a periodic basis.
    0:11:15 So if we get to the home, we have the right to give you a new pricing based on the conditions
    0:11:19 that we see and you have the right to decline the service at that time, which is totally fine.
    0:11:22 But that’s why we tell them as soon as we get there so that it’s not like we’re cleaning
    0:11:25 and then four hours and they’re like, yeah, no, I don’t want you to, I don’t want to pay
    0:11:26 that.
    0:11:31 So you’re kind of building this informal Rolodex of cleaners who have agreed to, you know,
    0:11:35 open up their schedule or be open to extra bookings at this price flip.
    0:11:40 And then you go about the marketing stuff for the clients.
    0:11:41 Tell me about that.
    0:11:43 Tell me about how you guys found your first bookings.
    0:11:44 Oh, yeah.
    0:11:46 So our first booking was from Thumbtack.
    0:11:46 Yeah.
    0:11:49 And we got, we got them on Thanksgiving Day?
    0:11:51 The day after.
    0:11:53 The day after Thanksgiving, Black Friday, we were with family.
    0:11:56 And one thing about Thumbtack, it’s very hands on.
    0:11:59 You have to have, you have to nurture the client multiple times.
    0:12:03 And we tell our students very early on, get as many reviews as you can.
    0:12:05 Try to do free cleaners for family and friends.
    0:12:09 So that by the time you start paying for marketing, you already have some initial reviews there.
    0:12:11 So on Thumbtack, you got to nurture the client.
    0:12:13 You got to massage the conversation.
    0:12:19 And then also early on, we priced ourselves a little bit lower so that we can start getting bookings on those platforms as well.
    0:12:22 First booking came in on Black Friday.
    0:12:27 And we had a contractor ready for the job night before she says she can’t make it.
    0:12:28 Of course.
    0:12:30 Why wouldn’t, why would the first thing be easy?
    0:12:35 So we went into like a group out here in Dallas that has cleaners.
    0:12:37 And we said, hey, we need assistance.
    0:12:39 Can anybody take this job tomorrow morning?
    0:12:44 And we found someone who ended up working with us as a contractor who was able to go to the job.
    0:12:46 And she did a great job.
    0:12:49 This first job actually had a farm in their backyard.
    0:12:49 Yeah.
    0:12:52 Which was just like, what?
    0:12:56 She was like, yeah, they have like pigs back there and like four or five dogs.
    0:12:57 So the place is very hairy.
    0:12:58 Well, she said a pig sty.
    0:12:59 And we was like, oh, it’s dirty.
    0:13:00 Yeah, I thought she was funny.
    0:13:02 Literally, it’s a pig sty.
    0:13:03 I was like, what?
    0:13:05 But she got the job done.
    0:13:07 And that’s how that first job went.
    0:13:13 But we’ve had other jobs at the beginning that like somebody, it was a married couple.
    0:13:13 They got into an argument.
    0:13:15 Somebody left somebody on the side of the road.
    0:13:16 Yeah.
    0:13:19 We actually went and did that one.
    0:13:23 Luckily, that was kind of just a quick, they were just taking pictures.
    0:13:25 So we just have to kind of like wipe down and sweep and mob.
    0:13:28 And we got that client from next door too.
    0:13:28 Right.
    0:13:34 So those were, we’ve, in our total, we’ve, we’ve done about 2,700 bookings.
    0:13:36 And we’ve cleaned three homes ourselves.
    0:13:36 Yeah.
    0:13:38 And that was way at the beginning.
    0:13:42 At this point, if someone can’t make it, we would just reschedule the client.
    0:13:48 Versus early on to say like, all right, well, I can’t find anybody to get it done.
    0:13:51 So I’m going to go and roll up my sleeves and do it myself.
    0:13:52 Yeah.
    0:13:55 We did those three bookings on one weekend and then we was like, uh-uh.
    0:14:00 Because early on, you’re, you’re very nervous about your reputation and your, the reviews
    0:14:00 you’re going to get.
    0:14:03 So you want to be mindful of that early on.
    0:14:05 But now, you know, worse, we’ve gotten negative reviews.
    0:14:07 Most of our reviews are five-star reviews.
    0:14:09 We get a one or three-star here and there, which we understand.
    0:14:12 But people like to threaten you with reviews, we realize.
    0:14:15 So we’re at the point where we’re not going to be threatened or bullied because you wanted
    0:14:18 a specific thing that we weren’t able to accommodate.
    0:14:23 But we try to live by the business model that customers are always right unless they’re wrong.
    0:14:25 And we try to convey that in the nicest way possible.
    0:14:31 So Thumbtack is kind of a pay-to-bid type of platform, right?
    0:14:34 So somebody will come on and say, I need a cleaner for this date.
    0:14:37 And then you will say, okay, I can, I want to bid on this job.
    0:14:38 Yeah.
    0:14:42 And Thumbtack, you pay based on the qualifications of the lead.
    0:14:47 So if they want a larger home and they want it to be a reoccurring booking, Thumbtack is
    0:14:48 going to make you pay more.
    0:14:51 And their mindset is that you’re going to pay more for this booking because you’re going
    0:14:53 to make more money if you do book the service.
    0:14:55 But also now you have their contact information.
    0:14:58 They actually do book reoccurring services.
    0:15:02 It kind of gets pricey pretty quickly, especially with people who just, there’s a lot of tire
    0:15:03 kickers on there.
    0:15:07 So you can kind of rack up some serious money just trying to get leads on Thumbtack.
    0:15:12 So that’s one of the reasons why we left that platform very early on within like six months.
    0:15:17 But our oldest client is actually, our longest tenured client is actually from Thumbtack.
    0:15:17 Yeah.
    0:15:21 Their home’s been cleaned every week for three years now, every single week.
    0:15:22 Wow.
    0:15:23 So it actually worked out.
    0:15:25 Very worthwhile to pay for that lead.
    0:15:26 Yeah.
    0:15:27 Yeah.
    0:15:30 Chris kind of mentioned the same thing in our last conversation with him.
    0:15:35 I want to say last summer where Thumbtack is, maybe that ship has sailed a little bit.
    0:15:38 It’s a little bit more difficult to kind of get a toehold in as they’ve adjusted their pricing.
    0:15:41 But Nextdoor, you mentioned, is another channel.
    0:15:42 What’s worked on there?
    0:15:45 So Nextdoor, you get a lot of people who are just in the neighborhood.
    0:15:47 Nextdoor is a neighborhood platform.
    0:15:51 Nextdoor is just a bunch of neighbors just talking about what’s happening in their community.
    0:15:54 So you’ll get things from, I’m looking for a recommendation for a restaurant to, I’m looking
    0:15:57 for a recommendation for a handyman and a cleaner.
    0:16:01 So normally that happens that people will just be on that platform looking for cleaners.
    0:16:02 What do you, who do you recommend?
    0:16:04 And then it starts talking about pricing.
    0:16:07 If you’re just pretty accommodating to answer their questions, they’ll book with you, but
    0:16:12 you got to just be on the platform pretty frequently and available to answer any questions that come
    0:16:12 up.
    0:16:16 And also on there, you hear sometimes they say like, oh, my cleaner is looking for more
    0:16:17 work.
    0:16:18 Does anybody have it?
    0:16:20 And so that is something that we look out for as well.
    0:16:20 Yeah.
    0:16:22 Because then we’re like, oh, we can make them a contractor.
    0:16:23 Let’s see.
    0:16:25 Let’s see what’s their availability.
    0:16:26 Let’s reach out to them.
    0:16:29 So that’s another way that Nextdoor can be used.
    0:16:30 I actually just recently did that.
    0:16:32 Someone said that the cleaner wanted more work.
    0:16:34 So I asked for the contact information.
    0:16:36 I haven’t followed up with them regarding a sidetrack.
    0:16:39 But like I said, that’s a great place to find cleaners and work.
    0:16:42 It just requires a little bit more availability.
    0:16:46 Anything else on the marketing front to connect to 2,700 bookings?
    0:16:48 Where are all these people finding you?
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    0:19:13 Oh, yeah.
    0:19:16 Our biggest one today is Yelp and SEO.
    0:19:20 And I know that some people are indifferent with Yelp, but it’s helped us tremendously.
    0:19:22 So that is where it goes.
    0:19:23 And then SEO.
    0:19:23 Yelp.
    0:19:26 And also to go back to Yelp, it depends on your market too.
    0:19:29 We got people in Dallas who, you know, who love Yelp.
    0:19:33 We got people in other places of the country who absolutely hate Yelp.
    0:19:37 And my thing is, I would say just try all marketing platforms, just see what sticks for you.
    0:19:44 And then we also did Google Ads very early on, which was very, it took up a lot of time and money.
    0:19:45 We weren’t ready for that.
    0:19:48 So we’re going to actually go back to Google Ads probably sometime this year.
    0:19:56 But SEO, search engine optimization, we’ve been cranking out leads from people just finding us organically on Google for three years now.
    0:20:04 It took us three, we actually use a, actually a company for SEO, but it took us three years to kind of get to where we are with the SEO marketing.
    0:20:10 So now we’re ranking on the first page for a lot of keywords, maids, Dallas, cleaning Dallas, things like that.
    0:20:14 So people just find us just by typing in those, those keys.
    0:20:18 I want to talk about that for a second because Dallas, it’s not a small city.
    0:20:21 We’re talking like 7 billion people, one of the biggest cities, you know, in the country.
    0:20:28 I imagine there were already a handful of well-established cleaning service, number one, like well-entrenched competition.
    0:20:37 And number two, it seems like that’s, I guess, why go after cleaning business Dallas or maid service Dallas versus, you know, Arlington or Frisco.
    0:20:40 Or like trying to pick off like some of these, like maybe slightly smaller suburbs.
    0:20:44 Oh yeah, so we started with the suburbs early on.
    0:20:51 So that’s kind of how we got our footing in some traffic because when we first started with SEO, it was like, there’s no way you’re going to be able to dominate Dallas, which we still aren’t.
    0:20:55 We’re on the first page with keywords, but just, it just depends on the keyword.
    0:20:59 But we started with some of the smaller areas, Richardson, Plano is actually a huge market.
    0:21:01 And we didn’t know that until we started doing SEO.
    0:21:05 And it was like, yeah, you might want to just focus on Plano instead of trying to focus on Dallas.
    0:21:10 So we kind of went to Garland, Richardson, Plano, Arlington, Grand Prairie.
    0:21:13 So we went around the suburbs of Dallas before we started focusing more on Dallas.
    0:21:17 But now like 90% of our jobs are in Dallas though.
    0:21:18 Yeah, that’s interesting.
    0:21:23 We had a guy who was doing web development out of Phoenix or actually a suburb of Phoenix.
    0:21:31 And so that was his like, don’t try and go for like, you know, the whole metro, like try and find this little sub neighborhood that you’re a part of.
    0:21:33 Because people might be looking for that local stuff.
    0:21:37 Is that a factor of being on Google My Business?
    0:21:39 Like what else is working local SEO wise?
    0:21:43 The thing about our physical location is that we’re located in Dallas.
    0:21:46 So area that we’re in is pretty centralized to Dallas.
    0:21:51 So being on Google My Business, when you’re in a Google map, you type in cleaning service near me.
    0:21:52 Guess who pops up?
    0:21:54 Because we’re in Dallas as well.
    0:21:56 So that helps us a ton.
    0:21:57 And we try to keep those pictures updated.
    0:22:00 That’s another one that brings us free marketing.
    0:22:02 We try to keep our pictures updated, our hours updated.
    0:22:04 So before and afters.
    0:22:09 And it helps us in our rankings because they’ll see last updated, you know, this week or last week.
    0:22:11 So they know we’re a live cleaning business as well.
    0:22:12 So that helps a ton.
    0:22:13 Oh, okay.
    0:22:14 Interesting.
    0:22:19 So there is some element that’s less set it and forget it, but just, you know, kind of keep it clean, so to speak.
    0:22:19 Keep it up to date.
    0:22:20 Yeah.
    0:22:26 So anytime there’s a new blog that goes up, anyone who searched for our pictures, they may get in a little alert or something like that.
    0:22:27 So it does help.
    0:22:31 Where do you prioritize sending customers for reviews?
    0:22:34 Because Thumbtack has a review platform.
    0:22:35 Yelp is obviously a huge review platform.
    0:22:37 Google has their own review platform.
    0:22:39 Facebook has their own review platform.
    0:22:41 Where do you, where do you prioritize that?
    0:22:46 So we don’t send anyone to Thumbtack anymore because we’re not on it anymore.
    0:22:49 And we got a good 70, I think it’s like 60, 70 reviews.
    0:22:50 Yeah, we have a good amount there.
    0:22:52 So we don’t send anybody there now.
    0:22:55 So our priority is Googling Yelp.
    0:23:01 And we did do, we haven’t pumped Facebook as much, but we have done that as well because we’ve booked clients from Facebook.
    0:23:04 But Googling Yelp, but it really depends with Yelp.
    0:23:09 I say definitely Google because anyone that has a Gmail can leave the review.
    0:23:14 With Yelp, you have to basically be a Yelper for it to stick.
    0:23:15 A Yelper.
    0:23:21 You can leave the review, but it would not show up basically for everyone to see.
    0:23:22 Like we can see if you left it.
    0:23:28 But if it’s the first time you made an account and you don’t have any friends or pictures and this is your first review, it’s not going to stick.
    0:23:39 So instead of having to know for a fact who has Yelp and who doesn’t, we really push Google more than anything else because there’s no question there that it’s definitely going to go up regardless.
    0:23:43 So when you’re asking for reviews on especially Yelp, they got to have a few things.
    0:23:45 So they got to have a picture.
    0:23:46 They got to have a profile.
    0:23:50 They have to have friends and they also have to have left reviews before.
    0:23:50 Yeah.
    0:23:54 So those are four key criteria for a person to kind of leave reviews on Yelp.
    0:23:55 Yeah.
    0:24:00 Because we have over 80 reviews and only 50 of them still are showing.
    0:24:01 Yeah.
    0:24:03 So we can see the other 30, but you can’t.
    0:24:04 But your clients can’t.
    0:24:07 And they say non-verified reviews or something like that.
    0:24:11 So when you’re looking for reviews, I would say stick to Google.
    0:24:15 But if you think people don’t leave them on Yelp and they’re a Yelper, then go for it.
    0:24:17 Sometimes we just ask for both.
    0:24:18 Gotcha.
    0:24:19 That makes sense.
    0:24:19 Yeah.
    0:24:21 I didn’t realize all that stuff about Yelp.
    0:24:24 That’s, I mean, they’re trying to protect their platform.
    0:24:27 And if it’s your first review, you come here five stars.
    0:24:31 Well, yeah, clearly you have some connection to these people, you know, but that’s interesting.
    0:24:37 I focus on the Google stuff because that will be visible and helps dominate those local near
    0:24:38 me types of searches.
    0:24:40 Anything else on the marketing front?
    0:24:41 This is, this is all great.
    0:24:45 I would say with the Google reviews, that’s to go back to that, that’s important too, because
    0:24:48 when you do search for the review, we search for the cleaning business.
    0:24:51 They got this thing called the local service pack.
    0:24:54 Where local services can be featured on the top of Google.
    0:24:58 If you have a certain amount of reviews and you apply for it, that’s a paid platform as
    0:24:59 well.
    0:25:03 But that gets you to the top of the Google ads so that people can say, all right, well, my
    0:25:06 three choices are these three businesses who has the most reviews.
    0:25:07 So that, that goes a long way too.
    0:25:08 Yeah.
    0:25:10 There’s some social proof in there for sure.
    0:25:11 Oh yeah.
    0:25:13 Tell me, and this is a cool, so I’m on maidstomatch.com.
    0:25:16 There’s like these cool sliders that say, well, how many bedrooms do you have?
    0:25:17 Where are you located?
    0:25:20 How do you want to sign up for, you know, weekly, every two weeks?
    0:25:21 That’s very cool.
    0:25:27 Like what happens after somebody goes through this kind of online booking process?
    0:25:31 Let’s just say I fill this in and I want to sign up.
    0:25:31 What happens next?
    0:25:36 So once they book, we get an email saying that a client booked, they get an email saying that
    0:25:38 they booked the service.
    0:25:43 And we basically see the time and day and we would reach out to our contractors saying,
    0:25:48 hey, we have a two bedroom, two bathroom in Frisco on Friday with arrival 8 to 10 a.m.
    0:25:49 Do you want it?
    0:25:51 That’s basically how it goes depending on the availability.
    0:25:52 They say yes or no.
    0:25:54 We assign it to the contractor.
    0:25:59 Then the client gets an email saying that like this confirms your clinic.
    0:26:02 Because when you book, it doesn’t really confirm that we’re going to come out, but it just says
    0:26:03 like, okay, we got it.
    0:26:04 We received it.
    0:26:04 We received it.
    0:26:07 So then they get an email saying that it’s confirmed.
    0:26:09 Was that invite to the contractor?
    0:26:10 Was that a one-on-one?
    0:26:13 Like you sent that to them or was that some like automated system?
    0:26:14 That’s through the platform.
    0:26:15 That’s through the platform.
    0:26:19 In the beginning, we were having to manually just text everyone individually.
    0:26:21 So we only had one person, two people.
    0:26:22 So yeah.
    0:26:25 So we were just texting in a group chat like, hey, this is what we have.
    0:26:29 But now through the platform, we just kind of send a blast and kind of whoever answers
    0:26:31 first would get the job.
    0:26:34 And they could say if they, yes, if they want it or no, and it will get an email saying
    0:26:35 this person wants this job.
    0:26:35 Yeah.
    0:26:37 And then we make a decision there.
    0:26:39 So you’re having about eight to 10 contractors.
    0:26:40 It makes that process a lot easier.
    0:26:45 Early on, we didn’t mind sending a text here and there, but now that we got, you know, so
    0:26:45 many, we’re still growing.
    0:26:47 We try to automate as much as we can.
    0:26:48 Yeah.
    0:26:49 That makes sense.
    0:26:50 What platform is that?
    0:26:51 That’s Launch 27.
    0:26:56 And the, like I said, sorry, though, when the client gets a reminder three days before
    0:26:59 we come and a day before we come so that they just, you know, let them know we’re
    0:27:03 coming, make sure everything is correct with address and everything like that.
    0:27:04 And we show up.
    0:27:06 And then you show up.
    0:27:13 So they pay through the website and you guys take your 40% and pass on 60% to the cleaner.
    0:27:15 And then everybody walks away happy.
    0:27:17 They pay through the website.
    0:27:19 And I think the back end is actually Stripe.
    0:27:21 So it’s a platform they’re familiar with.
    0:27:23 So it’s not like we’re collecting any money.
    0:27:25 We don’t collect money, number one.
    0:27:26 So everything goes through the website.
    0:27:30 Everything goes through Stripe and then we pay our cleaners every Friday via direct deposit.
    0:27:32 And it’s no cash transactions.
    0:27:33 Right.
    0:27:36 The only cash is if a client gives our cleaner a tip and that’s all there is to keep.
    0:27:38 And but they can even put the tip on the website as well.
    0:27:39 So.
    0:27:39 Okay.
    0:27:42 Are you guys, I noticed there’s a phone number on here too.
    0:27:46 Are you answering the phones yourself and trying to balance the day jobs and everything
    0:27:47 else that goes on?
    0:27:54 So we were, we currently, and we’re not, thankfully, we have virtual assistants to do
    0:27:54 that.
    0:27:58 But we were answering the phones for a good while before we had to like pass it off before
    0:28:01 we were running out of meetings and be like, okay, this is becoming too much.
    0:28:03 Then we got virtual assistant.
    0:28:03 Yeah.
    0:28:06 Earlier we weren’t getting that many calls where it was impacting us.
    0:28:12 But now we get enough calls where it’d be a nuisance trying to run out between meetings
    0:28:13 and picking up the phone.
    0:28:15 And we were losing business.
    0:28:19 So we want to make sure we answer all those calls because, you know, if someone calls you
    0:28:21 and you don’t answer, they go right on to the next person.
    0:28:23 And so you could have lost them there.
    0:28:23 So.
    0:28:26 And they answer our phones Monday through Saturday.
    0:28:34 Was that an individual contractor that you found for that answering service or was it a
    0:28:37 company that, you know, that was just on their menu of service offerings?
    0:28:43 It’s a company that answers for different cleaning businesses, which we recently actually
    0:28:44 just bought.
    0:28:49 We now have a virtual assistant company less than a month in.
    0:28:49 So.
    0:28:50 Yeah.
    0:28:51 We just started with that.
    0:28:55 And yeah, pretty much it helped clean your business owners, run and manage their business
    0:28:55 like they helped us.
    0:29:00 So opportunity came up and we purchased the business from the previous owners.
    0:29:01 So now we have a virtual assistant company.
    0:29:02 Oh my gosh.
    0:29:05 This is like the, this is like the Rockefeller habit.
    0:29:07 Like, you know, why am I going to pay a profit to somebody else?
    0:29:08 I’ll just bring this in house.
    0:29:11 And you’re like, we got side hustles on side hustles.
    0:29:12 Yeah.
    0:29:17 This is going to be a fun one because we knew, we knew the value that they were bringing and
    0:29:20 we were like, we can’t let this company just, you know, because they were going to close
    0:29:20 it.
    0:29:21 We said, we can’t let this company close.
    0:29:27 So I kind of did my diligence and started hitting up the owners and texting them and calling them
    0:29:30 because we also had a relationship with the owner, the owners as well.
    0:29:32 It was like, we don’t want you guys to close this business.
    0:29:33 We want, am I taking it over?
    0:29:34 What can we work out?
    0:29:37 We worked it out and now we’re running this business as well.
    0:29:45 With the automations and assistance that you have in place, what kind of time does it take
    0:29:47 on a, on a daily, weekly basis to run this thing?
    0:29:48 Early on, it was a lot.
    0:29:49 Yeah.
    0:29:50 Early on, it was way more.
    0:29:55 Now, if I had to put it all together, just the amount of time I may speak to a contractor
    0:29:57 just for the week, I don’t know.
    0:29:58 I’ll probably say an hour, hour and a half.
    0:30:03 I’m not sure if it is even that much, but one time we measured it, like we were literally
    0:30:04 doing it by the second.
    0:30:08 Each time we spoke to someone that said yes or no, and like on a Saturday, I think we
    0:30:11 had like five or six bookings and it came out to be like 12 minutes.
    0:30:15 It really doesn’t take that much out of our day at this point, at least.
    0:30:19 That’s, and that’s also, that’s just the labor you do, but you think about the business and
    0:30:23 you talk about it so much, but in terms of just physically being in the business, less
    0:30:25 than an hour a week, but we’re always talking about it.
    0:30:27 We’re always thinking about something.
    0:30:31 So it feels like it’s a lot more than that, but like labor, it’s literally just an hour a
    0:30:32 week, if that.
    0:30:33 That’s awesome.
    0:30:34 I’m excited for what you guys have built.
    0:30:39 Any surprises along the way or things you wish you’d known starting out?
    0:30:41 What would we have done earlier?
    0:30:42 We say we would have done SEO earlier.
    0:30:47 Especially because we had the revenue, not even from this business, but we also were saving
    0:30:47 up money.
    0:30:49 So we had the ability to do it.
    0:30:49 Right.
    0:30:51 But we just didn’t do it early on.
    0:30:53 So yeah, we didn’t start SEO until like six, seven months in.
    0:30:55 We would have done that.
    0:30:59 A big surprise that we had, which I guess it depends on the state, is we weren’t charging
    0:31:00 sale taxes.
    0:31:07 And so the government made it very clear that they wanted their money right away.
    0:31:09 And we started charging sale tax.
    0:31:10 We didn’t know that we had to.
    0:31:12 So we did see other businesses have it.
    0:31:16 But we’re like, oh, we’ll just do a flat rate so that we can stand out.
    0:31:20 And then we got an accountant and she was like, oh, no, it’s not an option for you where
    0:31:20 you live.
    0:31:22 You have to charge it.
    0:31:23 We’re like, oh, OK.
    0:31:28 So a year and a half into the business and we had to pay like all of that.
    0:31:29 So, yeah.
    0:31:33 But again, we weren’t taking out a profit from the business.
    0:31:37 We were just putting it all in an account for taxes or whatever.
    0:31:38 And so we had to cut the check.
    0:31:39 It was like, OK, that’s fine.
    0:31:40 Yeah.
    0:31:41 We just won’t do it again.
    0:31:42 That was a big surprise.
    0:31:44 And that was one of our biggest surprises.
    0:31:47 Other than that, I don’t know if there was anything else.
    0:31:47 Yeah.
    0:31:48 That stuck with us.
    0:31:50 Hire someone early.
    0:31:51 Yeah.
    0:31:52 Yeah.
    0:31:53 Those surprises are the worst.
    0:31:56 I got a note from the city of Livermore.
    0:32:02 It was like, you owe us, you know, three years of back taxes for like home use of your business.
    0:32:04 It was like some ridiculous made up thing.
    0:32:07 And I was like, what, you know, what is this for?
    0:32:09 And it was a time when the business wasn’t doing so well.
    0:32:12 It’s just, you know, I never you never want to get those.
    0:32:18 I’m always nervous when I get a letter that says like, you know, return address, IRS or something like, oh, this is not good.
    0:32:20 They did the same thing for us.
    0:32:23 The amount that they said, I don’t even remember, was something outrageous.
    0:32:25 And it’s like, we need it in like a week.
    0:32:28 And we’re like, well, when we finally spoke to them, like, how did you get this number?
    0:32:32 They’re like, oh, well, we estimate what other people around you are usually making with the business.
    0:32:33 So we’re not really sure.
    0:32:34 We’re only a year in.
    0:32:35 So how did you get this number?
    0:32:37 And we’re like, no, that’s not what we made.
    0:32:39 They’re like, oh, OK, it can be adjusted.
    0:32:40 Oh, thanks.
    0:32:42 We would have sent them a huge check.
    0:32:42 Yeah.
    0:32:43 They would have kept it.
    0:32:48 That was like, oh, no, we got that squared away.
    0:32:52 So I guess another thing would have been hiring an accountant earlier or at least someone to look at the books.
    0:32:54 It doesn’t have to be an accountant or a CPA.
    0:32:55 Just someone overlooked the books for you.
    0:32:57 Probably something we would have done earlier.
    0:33:01 Yeah, all of that, you know, legal back office stuff.
    0:33:02 It’s so time consuming.
    0:33:06 It’s so frustrating because you’re like, this has nothing to do with the operations.
    0:33:16 But on the other hand, it kind of does because that’s what separates, you know, the people that you’re hiring to do the cleaning from you guys is that existing infrastructure and everything in place.
    0:33:18 But what else is coming down the road?
    0:33:19 What are you guys excited about for this year?
    0:33:22 We’re really trying to scale the business.
    0:33:24 So we’ve said that usually.
    0:33:28 But now we’re at a point we recognize, OK, we put more money into marketing.
    0:33:30 We get more clients.
    0:33:31 It’s just simple math.
    0:33:36 And so we’re really trying to bring on more contractors to continue to grow.
    0:33:39 Like last month, we did our highest month ever.
    0:33:39 And then.
    0:33:41 Thank you.
    0:33:41 So we’re looking.
    0:33:43 And then this month would have been higher than last month.
    0:33:46 January would have been higher than the month than January.
    0:33:48 Sorry, January was the highest month ever.
    0:33:51 And then February would have been high, but we had to close down for a week because of the storm.
    0:33:53 So that show does.
    0:33:56 But then like last week, we did our highest week ever.
    0:33:57 It just keeps growing.
    0:34:01 So we’re like, we really need to get more contractors in here to continue to grow our business.
    0:34:03 We want to do like 40K a month.
    0:34:06 Right now we are between like 20 to 25K a month with sales.
    0:34:08 So we want to continue to scale that.
    0:34:10 And that’s our big focus.
    0:34:15 And then also bringing in, maybe hiring people to kind of help us scale or people to help us run the business.
    0:34:20 Because I know right now we can both do it and have our, you know, nine to fives and things in all these other businesses.
    0:34:21 But we need help.
    0:34:26 So that’s going to be our big thing for 2021 to elevate it and bring help in as well.
    0:34:30 And, you know, another part of our business is that we, as we mentioned,
    0:34:33 we sell courses on how to get your business up and running.
    0:34:36 And then we have a community where we help people to do it as well.
    0:34:42 So that’s another thing that it’s not necessarily the cleaning business, but it’s still part of, and it’s an extension of it, basically.
    0:34:44 That’s a huge part of it, too.
    0:34:44 Yeah.
    0:34:49 So growing that is, that’s some of the stuff that we’re looking forward to this year.
    0:34:50 Yeah.
    0:34:52 You guys have a lot going on.
    0:34:53 There’s no question about that.
    0:34:56 I mean, do you see, like, we’re just going to dominate Dallas?
    0:34:59 Or do you see this, like, mates-to-match brand going national at some point?
    0:35:08 No, I’m saying we toy with that, but we think that we need to excel at the Dallas one first before we even think about franchising anywhere else.
    0:35:14 Like, at least get it to a point where we want it to be, and then we can consider anything other places.
    0:35:19 Yeah, our SEO guy, he’s like, you guys are bringing enough traffic where you can start thinking about other locations.
    0:35:23 Because, like, Dallas may take a long time to get to one, two, or three.
    0:35:24 So you guys are dominating those suburbs.
    0:35:29 He’s like, we can still focus on Dallas or maybe start moving to other cities where you guys can start focusing on.
    0:35:31 So it’s an option.
    0:35:33 You never know.
    0:35:35 People ask us all the time, do you want to do a franchise?
    0:35:38 And, like, we have no idea what that looks like.
    0:35:42 Let us focus on what we’re doing right now, and we’ll figure that apart out later if it does come up.
    0:35:53 Yeah, well, this is a really cool example of one of these really fragmented businesses where there’s no dominant, you know, regional, definitely national, but, you know, there’s no dominant player.
    0:36:07 They’re the go-to brand for that, and so there’s an opportunity for you guys to come in, present a well-thought-out, easy-to-use interface, you know, for the customer side of things, and really perform well in a pretty short period of time.
    0:36:13 So I think it’s one that’s replicable, repeatable, not just in cleaning, but in any number of local services.
    0:36:15 So I’m really excited for what you guys have built.
    0:36:20 At the Hartremoni, which is a play on the last name, you find them over on Instagram there.
    0:36:25 Anthony and Janilka, thanks so much for taking the time to share the ins and outs of this thing.
    0:36:30 Let’s wrap this up with a couple number one tips for Side Hustle Nation here.
    0:36:39 So number one tip for me would be, it may sound cliche, but keep going because you never know what’s on the other side of that quitting factor.
    0:36:42 Early on, you know, we were about seven months in.
    0:36:43 We had a dry summer.
    0:36:46 We was like, it’s not worth it, the time commitment.
    0:36:48 And we were like, we were right on the edge of quitting.
    0:36:51 And that August, we boosted up.
    0:36:52 Our numbers doubled out of nowhere.
    0:36:54 No new marketing, nothing.
    0:36:55 It just doubled.
    0:36:56 And we just kept going from there.
    0:36:59 So if we were to quit, we would have never known where we would have been today.
    0:37:02 We wouldn’t have been able to help as many people as we have so far.
    0:37:02 So keep going.
    0:37:10 My tip would be, at least with Side Hustling, pick something that I think is flexible and maybe something that you’re good at as well.
    0:37:15 So I know like one of the Side Hustles that I’ve done, you know, I’m a mental health therapist.
    0:37:17 I started to do therapy online.
    0:37:20 Like I know sometimes people think this is an extension of their career.
    0:37:22 It’s not a Side Hustle, but it is.
    0:37:24 You know, it’s not necessarily your nine to five.
    0:37:30 So if there’s something that you enjoy doing and if there’s something that’s flexible and doesn’t cause, you know, stress, then go for it.
    0:37:31 I like it, guys.
    0:37:33 Thanks again for joining me.
    0:37:34 Awesome story.
    0:37:36 I’m excited to see what you guys will continue to build over there.
    0:37:38 And hopefully we’ll be able to keep in touch.
    0:37:39 So thanks so much.
    0:37:40 And we’ll catch up soon.
    0:37:42 Thank you for having us.
    0:37:42 Enjoy.
    0:37:48 I think this is a really cool business model.
    0:37:57 It’s almost like drop shipping for physical products where you don’t buy the inventory until you’ve gotten paid by the customer or Anthony and Janilka.
    0:38:01 The way they have it set up, they don’t pay for the labor until they’ve got a booked job.
    0:38:05 And that makes for a very flexible, low risk type of setup.
    0:38:06 All right.
    0:38:07 Takeaways from this episode.
    0:38:09 A couple of things stood out.
    0:38:17 The first was building relationships with existing cleaners or cleaning crews who might be interested in picking up more jobs.
    0:38:30 If you’re a service provider and someone comes and offers you more work that you didn’t have to go out and market for yourself, you didn’t have to sell it, and the compensation is in line with what you’d like to earn, I think that’s going to be compelling.
    0:38:32 That was number one for me.
    0:38:43 The bigger challenge here is on the customer marketing side of things, especially trying to gain a toehold in a market that already has established players, which is probably going to be just about any market, right?
    0:38:54 But if Anthony and Janilka can make it work in Dallas, which obviously had a ton of cleaning services already, it’s something that can probably be replicated where you are.
    0:38:58 From the sounds of it, there were a couple of things going on at once.
    0:39:02 There was this listening aspect, trying to be where customers are.
    0:39:14 They mentioned Thumbtack, Nextdoor, Google Ads early on, trying to build up some positive feedback and reviews, enough social proof and credibility where it becomes easier for customers to give you a chance.
    0:39:15 You’re no longer this unknown quantity.
    0:39:20 The second thing was reinvesting in organic SEO, local SEO.
    0:39:27 This is something that they mentioned they’d been doing for a couple years, but are really only recently starting to see the full impact of.
    0:39:33 And I wanted to call attention to that because it can be a very long game, especially in a big metro market like this.
    0:39:45 Smaller town, you’re going to have a much shorter road to getting on that first page, but it’s a slog to climb the ranks and then all of a sudden you hit that first page and the floodgates are open.
    0:39:49 I thought the comparison between Google reviews and Yelp reviews was really interesting.
    0:39:55 And I’m kind of in the same camp, like prioritize those Google My Business reviews for maximum visibility.
    0:40:01 Because oftentimes that person’s search is going to begin on Google and not Yelp and Google is going to prioritize those.
    0:40:05 Inside your company dashboard in Google My Business, there should be a direct link.
    0:40:17 And send people to ask them to leave a review, which was a tip Matt Raul shared as something that really helped his knife sharpening business gain over 100 reviews in, I want to say, less than a year.
    0:40:32 So if you can bake some sort of feedback loop like that into your process for a local business, I think you’ll start to see some real positive results in Google, which becomes self-perpetuating in a way, as long as the service remains good and customers stay happy.
    0:40:40 But once again, you’ll find the full text summary of this episode, along with all the links to the resources mentioned at SideHustleNation.com slash clean2.
    0:40:50 While you’re there, I put together a free bonus download of 101 service business ideas that you might be able to apply Anthony and Janilka’s strategy to.
    0:40:57 Once again, that’s at SideHustleNation.com slash clean2 or through the link in the episode description of your podcast player app.
    0:41:04 Now let’s fast forward, jump in the time machine, and catch up with present day Anthony after a quick word from our sponsors.
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    0:43:26 All right, Anthony, it’s been four years.
    0:43:32 A lot has happened in the Maids to Match business, closing in on $3 million in lifetime revenue.
    0:43:33 Catch us up.
    0:43:36 What have been some of the biggest shifts since we last recorded?
    0:43:40 Yeah, last time we spoke, our cleaning business was around $20,000, $25,000.
    0:43:42 That was a couple years ago.
    0:43:46 Now, we normally close out between about $45,000, $50,000, $60,000.
    0:43:51 So, it’s been a lot of adjustments and a lot of life during that time.
    0:43:56 We had two daughters since then, which means that we had to take our foot off the gas on certain businesses.
    0:44:02 But the good thing is that right when we had our first daughter, Alani, we hired an operations manager to run our business.
    0:44:09 And she has ran it successfully since then, which gave us a lot more time back to do and have conversations like these.
    0:44:11 Yeah, that’s fantastic.
    0:44:13 Congrats on the new additions to the family.
    0:44:20 And congrats on, it sounds like, removing yourself from a lot of the day-to-day and inserting a manager in your place.
    0:44:22 What do you look for in an ops manager?
    0:44:26 There’s a certain revenue milestone or someplace you’ve got to be at.
    0:44:30 You’ve got to have some margin available to hire somebody, to be able to pay somebody to do this role.
    0:44:37 Talk to me through that because it’s always like, well, if I hire somebody to do it, then there’s not that much left over.
    0:44:39 But, you know, there’s trade-offs.
    0:44:40 I had the same mindset when we first started.
    0:44:45 And I think a lot of the trade-off is, what do you value more in that season that you’re in?
    0:44:50 As entrepreneurs, we always say we want more money, but we don’t start businesses to get more money.
    0:44:52 We start businesses to get our time back.
    0:45:00 But as entrepreneurs, you realize that you trade in a 40-hour workweek for an 80-hour workweek as an entrepreneur, leaving a 9-to-5.
    0:45:06 So when we first had this conversation, we knew we were about to have a kid, so our time was going to be extremely limited.
    0:45:10 So one of the first things we did was we go where a lot of people go, overseas, right?
    0:45:16 You could find very qualified candidates on outwork.com, onlinejobs.ph.
    0:45:24 Fortunately enough for us, our operation manager came as a referral from a previous business venture that we had with virtual assistants.
    0:45:28 So she worked out of Jamaica, and I think her first salary was maybe about $8 an hour.
    0:45:39 So we said, you know, if we pay ourselves $20, $30, $40, $50 an hour, if we gave somebody, you know, $9, $10, we should have plenty of cushion for us to at least get a couple hours back.
    0:45:40 Got it.
    0:45:42 And you don’t have to jump in and hire someone with 40 hours straight.
    0:45:44 You could just do part-time.
    0:45:46 And we just knew we needed someone since we had the baby.
    0:45:48 Is she answering the phones for you?
    0:45:52 Is she, you know, playing puppet master and saying, okay, this crew needs to go over here?
    0:45:55 Like, there’s a lot of moving parts to this business, plus customer support and all that.
    0:45:56 Absolutely.
    0:45:57 Well, when we first started, she handled everything.
    0:46:04 So we knew the biggest thing we wanted to get off our plate was the customer service, because that took most of the time, especially since we had nine to five jobs.
    0:46:06 We handed her over the customer service.
    0:46:08 So that could be new inquiries.
    0:46:09 That could be client complaints.
    0:46:10 That could be challenges.
    0:46:13 And then also the hiring aspect as well.
    0:46:15 So what crew is going to show up?
    0:46:19 What time she became essentially the person that’s moving all the pieces into the right places?
    0:46:23 As long as she needed us, we were there in the background for her to support her.
    0:46:28 Any tools in tech that you like to use or have her use to manage all those pieces?
    0:46:29 Yeah.
    0:46:32 So one of the things that we used from the very beginning was Slack.
    0:46:36 We created communication channels in Slack and then also WhatsApp for our cleaners.
    0:46:38 So we maintain communication there.
    0:46:43 But then also we use a platform called Basecamp, which is a project management tool.
    0:46:49 So Basecamp allowed us to have all of our documentation, all of our SOPs, all of our conversations inside of one place.
    0:46:52 So whenever she needed to pull it, she would go use that.
    0:47:03 And also a big platform that we use was Launch 27 when we first started, which is a booking platform for essentially local service businesses where clients can book you online, pay you online, and also find you online.
    0:47:06 And you can also manage your cleaner’s pay and things like that in there.
    0:47:07 Oh, okay.
    0:47:07 I didn’t know that one.
    0:47:12 Jobber has come up from time to time as like a dispatch all in one.
    0:47:13 Jobber is another big one.
    0:47:15 Book and Koala, Zenmaid.
    0:47:16 Yep.
    0:47:17 All of them are pretty much the same thing.
    0:47:22 Now we actually create our own, which is called Tidy Track, which we decided to bring everything in-house.
    0:47:24 And now we just use that platform.
    0:47:24 Oh, okay.
    0:47:25 Dang.
    0:47:26 Scratch your own itch.
    0:47:27 Develop your own tool.
    0:47:27 Yep.
    0:47:29 That was exactly what it was.
    0:47:33 We had all these different platforms, email, text, phone numbers.
    0:47:37 And we just said, you know, we could use this to create our own CRM and we have everything inside of it.
    0:47:40 Now you’re operating in a pretty big metro.
    0:47:55 And I’m curious about the level of competition or, you know, the next generation of Anthony and Janilkas that are coming in and trying to steal market share or the drop servicing model or this remote cleaning model has become really popular.
    0:47:59 So I’m curious your take on that from somebody who, you know, maybe had a little bit of a head start on it.
    0:48:08 We definitely had a head start on it, but we have students coming in now and one of our top students, he did a million dollars in two and a half years.
    0:48:08 Wow.
    0:48:11 And he only operated out of, you know, one city.
    0:48:15 So there’s still room for people to come in and do it at a high level.
    0:48:18 Our advantage was an early start, but now we have AI.
    0:48:22 We’re talking about creating emails, we’re talking about creating flags, we’re talking about creating social media.
    0:48:27 There’s so many tools that we didn’t have when we started that people were coming in like, Anthony, you’re a little bit outdated on this.
    0:48:28 Now we’re using AI.
    0:48:35 We had a virtual assistant company, which is now no longer needed because AI can pick up the phone for you and answer it and book the client.
    0:48:37 And we’ve tested this out.
    0:48:43 So I think the new competitive advantage is using these AI automation tools, which is going to put you ahead in the competition from day one.
    0:48:44 Okay.
    0:48:51 For somebody starting today, what are one or two of the effective marketing tactics to try and get new clients, new cleaning customers?
    0:48:55 The old handy one I would say focus on is Google local services.
    0:48:59 I would still say that because those are people who are more intent based.
    0:49:03 They are actually looking for the services versus like we also do Facebook ads.
    0:49:06 But most of the time, that’s more interruption based services, right?
    0:49:07 You’ll see an ad come up.
    0:49:09 It’s like, oh, I might need a cleaning service.
    0:49:11 I would always say start with Google local services.
    0:49:12 It’s the easiest to manage.
    0:49:18 Now, based on your area, it’s going to be a little bit more expensive because it is so user-friendly, easy to manage.
    0:49:21 I will also say Google ads would be another one.
    0:49:23 It’s more controllable and managed by the user.
    0:49:28 But again, since it’s more controlled and managed by you, it’s going to be a little bit harder to use.
    0:49:29 It’s not as user-friendly.
    0:49:34 So those would be the first ones I’d say to start with Google local services and then probably Google ads.
    0:49:40 And then obviously, if you do have a network, it doesn’t hurt to tell people, you know, in the area who you are and what you do always.
    0:49:52 Do you see for people with, you know, that profile but zero reviews, there’s like a, well, I got to discount my rates because I’m just trying to get a critical mass of social proof here?
    0:49:55 If you want to try to undercut the competition, you absolutely can.
    0:49:59 But still, since you have no social proof, it’s going to be really hard to do that.
    0:50:05 We got one of our first reviews from someone calling us accidentally because she said five other companies didn’t pick up.
    0:50:08 We just happened to be the sixth person that picked up the phone.
    0:50:12 And she left us a five-star review without even using our services.
    0:50:15 She said, this is the only company that picked up the phone.
    0:50:16 They were nice.
    0:50:17 They were courteous.
    0:50:19 And they allowed me to book online.
    0:50:22 And even though I didn’t use them, you know, I’m here to just sing their praises.
    0:50:25 And those are things that you can control in your business that you don’t have to worry about.
    0:50:26 Yeah.
    0:50:28 You know, we talk about being a competition, just picking up the phone, right?
    0:50:30 So those are things you can do in the very beginning.
    0:50:31 What’s your take on this?
    0:50:40 This was an early response to four-hour work week and even the fire movement of, well, everybody wants to have this remote cleaning business.
    0:50:45 At a certain point, do we run out of boots on the ground, cleaners doing the actual work?
    0:50:50 Like, if you had our time recruiting or finding talent, it’s like, you know, nobody wants to do the dirty work anymore.
    0:50:51 Yeah.
    0:50:55 Recruitment in any business is the hardest thing you’re going to do.
    0:51:00 When I worked my nine-to-five job, it was, we, that was something that we had a recruitment department that I was a part of.
    0:51:03 That’s all we did every single day, right?
    0:51:09 But when you’re talking about this four-hour work week, it’s a lot more challenging to find people if you’re not willing to put that work in at the very beginning.
    0:51:13 One of the things we, we have a mindset around now is always be hiring.
    0:51:15 That’s one of our quotes.
    0:51:15 That’s one of our mantras.
    0:51:17 That’s what we tell our operations manager.
    0:51:20 I don’t care how many people we have, always be hiring.
    0:51:26 We also tell our students that because I just had a conversation with someone and she’s like, I had five cleaners at one point.
    0:51:27 Now I’m down to one.
    0:51:29 I was like, what happened during that time?
    0:51:30 She’s like, I got comfortable.
    0:51:31 I had five.
    0:51:31 I thought I was good.
    0:51:33 So always be hiring.
    0:51:35 Now, will there ever be people that stops cleaning?
    0:51:36 I don’t think so.
    0:51:43 Unless, you know, someone creates a cleaning robot like in the Jetsons back in the day, there’s always going to be a home that needs to be clean.
    0:51:45 There’s always going to need to be a person to do it.
    0:51:48 And I don’t see us moving over to robots anytime soon.
    0:51:48 Yeah.
    0:51:54 It’s one of these you’d imagine, at least in the near term, semi-AI proof businesses or stuff is going to keep getting dirty.
    0:51:59 And the robots aren’t yet that sophisticated, although we love our little robot vacuum that goes around.
    0:52:03 Yeah, we got the Roombas and stuff like that.
    0:52:11 But for actually someone to come in and lift things up, put them down clean under it, there’s always going to be a need for at least people, at least in our generation.
    0:52:13 After that, we’ll figure it out.
    0:52:14 But we won’t be here then.
    0:52:27 Do you see this model of essentially matchmaker where I’m going to be the marketing and administrative arm of this business, build the digital presence, go out and find customers and then find people qualified to do the work?
    0:52:31 Have you played around with it in any other niches?
    0:52:33 You kind of alluded to the virtual assistant service.
    0:52:38 Do you see it working or do you see students applying it in other areas?
    0:52:39 Absolutely, man.
    0:52:51 The matchmaking market is essentially, I would say around 2008 when Airbnb said, we’re going to put you in a stranger’s home and you don’t know who they are, what they do, and you’re just going to be okay with it.
    0:52:53 And during that time, I was like, okay, we could try this.
    0:52:57 And then Uber said, we’re going to put you in a stranger’s car and you’re going to be okay with it.
    0:53:00 And then obviously there’s going to be levels of protection.
    0:53:01 You want to make sure they got reviews.
    0:53:02 You want to make sure you do background checks.
    0:53:05 You want to make sure you do all of those things that make people feel comfortable.
    0:53:08 But we have seen this work in other business models.
    0:53:10 For us, we had a virtual assistant business.
    0:53:12 It was the same exact thing, right?
    0:53:15 Another business model we’ve seen was mobile massages.
    0:53:18 That was another one we’ve seen what was pretty interesting.
    0:53:25 Another one we saw was, it was another version of a daycare where assisted home living is another one we’re seeing people doing.
    0:53:28 I’ve seen it go as far as medical assistance.
    0:53:28 Okay.
    0:53:37 Which not as far as, but I’ve seen it go as high as medical assistance where people are finding people are qualified, trained, and they have medical backgrounds and the person just managing the business.
    0:53:43 I’ve seen that actually as a new demographic of people getting into the medical assistant business as well.
    0:53:48 Those are a few business models where they’re exactly the same thing as what we do, just on different levels.
    0:53:49 Yeah.
    0:53:55 I guess that’s care.com or Papa Pal, the caregiving type of marketplaces.
    0:53:59 We’ve used Zeal, like the massage matchmaker service.
    0:54:06 You punch in what time you want it, and they send it out to their network of licensed massage people, and they come to your house.
    0:54:09 Another example of that, we just hired an au pair.
    0:54:16 And essentially, all the agency does is find people who are qualified to take care of kids, and they match us with them.
    0:54:20 It’s the same exact process, and we have her living in our house right now, and this is our second one.
    0:54:23 So, I mean, we pay a lot more money for that.
    0:54:24 What was the name of the au pair service?
    0:54:26 So, that was a cultural care.
    0:54:26 Okay.
    0:54:28 Because we had a woman on the show, and that was her business.
    0:54:32 She was, like, franchising out this, like, nanny matchmaking service.
    0:54:36 It was like, hey, you know, it’s hard to find the right people, but, you know, our proven system.
    0:54:38 It was like, okay, this is cool.
    0:54:38 It is.
    0:54:41 And I’ve met someone who does the nanny service, and I was like, how do you do it?
    0:54:42 She’s like, oh, I don’t go out a nanny.
    0:54:45 She said, I have a roster of nannies that I’ve interviewed that I background checked,
    0:54:49 and I refer them out to people, and that’s exactly how she runs her businesses.
    0:54:55 So, it’s more common than we realize, but I think just because we talk about it so much,
    0:54:58 people just can’t comprehend the, oh, I don’t have to go out and clean aspect of it, but it
    0:54:59 happens all around us.
    0:55:00 Yeah.
    0:55:04 In the online world, we call it, like, the freelance trap of getting stuck, selling your
    0:55:06 skills, selling time for money.
    0:55:11 It’s like, well, if you start with the intention of being the owner-operator and hiring other
    0:55:15 people to do the work from the very beginning, you kind of avoid that freelance trap.
    0:55:20 The matchmaker model, the agency model, you know, lower margins, but more scalable because
    0:55:22 you’re not tied to your direct time.
    0:55:22 Yeah.
    0:55:27 Sounds like this is, you know, the full-time income at this point, plus the influencer business,
    0:55:28 which we’ll get to in a second.
    0:55:29 Was there a revenue target?
    0:55:33 Like, at what point do you feel comfortable saying goodbye to the career?
    0:55:37 So, I don’t think you ever feel comfortable when, and even when I handed in my resignation
    0:55:41 letter and I had the whole goodbye speech ready, we were never ready.
    0:55:42 We just had a kid.
    0:55:44 We just bought a house.
    0:55:45 It was the end of the year.
    0:55:48 But I just had the blessing of my wife that we were able to do it.
    0:55:53 And we said, worst case scenario, I could go back to work and go back to my same job if
    0:55:55 I wanted to, or get another one.
    0:56:00 But I think the level of comfort we had was when we had six months of emergency savings
    0:56:02 in our bank account, Liquid, just in case.
    0:56:03 Yeah.
    0:56:05 We didn’t have that consumer debt anymore.
    0:56:05 Mm-hmm.
    0:56:07 We had enough savings for our new baby on the way.
    0:56:10 And we was like, it’s not going to be a better time.
    0:56:12 And, you know, we just took the lead.
    0:56:12 Yeah.
    0:56:13 I’m glad you said that.
    0:56:15 Like, it’s never comfortable, right?
    0:56:17 It’s still like, oh, what am I doing?
    0:56:19 I’ve got this, you know, track record.
    0:56:23 I got this business that’s doing well, but can I really cut my own paycheck?
    0:56:25 Is this, you know, how sustainable is it?
    0:56:25 It’s scary.
    0:56:26 All of these things could disappear.
    0:56:30 And my wife keeps telling me, like, you know, she keeps telling me that how likely is it
    0:56:31 that everything disappears at the same time?
    0:56:35 It’s not very likely, but, you know, as an entrepreneur, you’re always thinking like, what
    0:56:35 if this happens?
    0:56:39 Like, obviously you got more upside, but you never know.
    0:56:40 So, um, that was my fear.
    0:56:42 Like, what if, what if, she’s like, what if this works?
    0:56:43 Yeah.
    0:56:46 And now, uh, four years later, you know, I’m a full-time entrepreneur.
    0:56:51 And then funny enough, Janoka, she actually got laid off a month into her maternity leave.
    0:56:52 Okay.
    0:56:53 Yeah.
    0:56:53 Is that even legal?
    0:56:57 That’s a whole nother story, but she got laid off a month into her maternity leave.
    0:56:59 And we were like, well, okay, here we are.
    0:57:00 Here we are.
    0:57:01 Yeah.
    0:57:03 Sometimes it’s almost, it’s never fun to get laid off.
    0:57:07 It’s almost easier if somebody else forces your hand and you’re like, okay, well now
    0:57:08 or never, I guess.
    0:57:11 Now we’ve been talking about it for years, who would leave first and when we’re going to
    0:57:11 leave.
    0:57:14 And it was kind of like jumping into a rope and we never did it.
    0:57:15 I didn’t.
    0:57:17 Then her job, you know, forced her to do it.
    0:57:18 So, uh, yeah, that was, that was a funny one.
    0:57:20 Not funny, but you know.
    0:57:20 Yeah.
    0:57:23 Talk to me about the education side.
    0:57:27 People started to take notice of your success with the cleaning business.
    0:57:30 You’ve got cleaningbusinessmasterclass.com.
    0:57:35 I see the two comma club, uh, you know, cook funnels plaque on the wall behind you.
    0:57:40 There’s been a lot of interest in other people learning to do what you do.
    0:57:44 Yeah, it started right at the height of the pandemic and coincidentally enough, people
    0:57:48 think that the cleaning business was doing bad and they say, oh, well, why do you sell
    0:57:49 courses?
    0:57:54 And actually the cleaning business hit its highest months during the pandemic, which proved that
    0:57:55 the business model was efficient.
    0:57:57 And then all we did was we just started sharing.
    0:58:02 I mean, we’ve been sharing our journey since 2017 online, but we never really thought people
    0:58:07 cared about the cleaning business because it was unsexy and we got a little bit of interest
    0:58:07 in it.
    0:58:12 And what it turned into was a full blown, you know, multiple seven figure business where
    0:58:16 now we had about 2000 students inside of cleaning business university.
    0:58:19 They’ve done over $18 million in their own cleaning businesses.
    0:58:24 They’ve cleaned over 50,000 homes and opened up businesses in 40 plus states.
    0:58:26 And it took on a whole life of its own.
    0:58:27 How crazy is that?
    0:58:32 Think about like the cumulative dust removed from America.
    0:58:37 It’s some cool metrics to think about, like the influence that you’ve had.
    0:58:37 Yes.
    0:58:41 And we never thought people cared about it, but we realized the more we shared, the more
    0:58:42 people we impact.
    0:58:46 And then also, you know, as long as we’re helping students get a result, whether it’s to help
    0:58:51 them pay off an extra bill, like when we started or travel a little bit more, pay down some
    0:58:56 debt or some people have, you know, left their nine to fives and gone full time into this
    0:58:56 thing.
    0:59:01 And that’s when we realized that there was true impact in sharing our story outside of
    0:59:02 the debt freedom story.
    0:59:02 Yeah.
    0:59:11 As a typical funnel to speak, your social media, YouTube podcast to, you know, to email opt-in
    0:59:12 straight to a sales page.
    0:59:15 What is the journey look like for a typical student?
    0:59:17 We’ve tried a few different things.
    0:59:21 So when we first started, we went completely low tech, no tech.
    0:59:26 It was an Instagram live of us sharing everything we know in one video.
    0:59:32 And we had people like, if you want us to turn us into a program where that’s adjustable
    0:59:36 for you, you could go through your own pace, you know, and send us a DM.
    0:59:37 And that was it.
    0:59:39 And we got, I think, 10 sales at $99.
    0:59:42 And we said, okay, now we got validation.
    0:59:43 Yeah.
    0:59:45 Quick validation, lowish price point.
    0:59:46 Yep.
    0:59:48 So we was like, okay, now we have to go and do this thing.
    0:59:54 So we spent a weekend building out the curriculum, recording it on Zoom, just like this.
    1:00:00 And fast forward four years later, now we have a whole community inside of Mighty Networks.
    1:00:03 We have a full-time staff admin assistant.
    1:00:05 We got a full-time customer service agent in it.
    1:00:08 We got full-time or part-time coaches in it also.
    1:00:12 And it’s developed and become its own thing at this point.
    1:00:14 But it was really just a DM.
    1:00:18 And then now we have Clean It Business Masterclass where we got so many questions on a weekly
    1:00:18 basis.
    1:00:24 And it’s like every single week, I go and perform the same exact masterclass for a full year.
    1:00:28 Russell Brunson style, do it once for a year, see how it goes.
    1:00:29 And so that’s what we’ve been doing.
    1:00:30 Yeah.
    1:00:33 It seems like it’s working really well and your students are getting great results.
    1:00:39 So you are the Hartramoni on Instagram, cleaningbusinessmasterclass.com.
    1:00:40 We mentioned that.
    1:00:43 You’ve also got the More Than a Side Hustle podcast.
    1:00:43 Love it.
    1:00:45 Lots of episodes out over there.
    1:00:46 What’s next for you?
    1:00:47 Where are you guys taking this thing?
    1:00:49 That’s a great question.
    1:00:54 The way I see Clean It Business University is I want it to be an all-in-one platform for
    1:00:57 entrepreneurs who happen to own cleaning businesses.
    1:01:02 I think that’s one of the biggest differences between us and cleaning business owners is
    1:01:05 this is just one way we’re able to achieve an outcome.
    1:01:08 So even inside of our platform, we talk about taxes.
    1:01:10 We talk about strategy.
    1:01:11 We talk about investing for your kids.
    1:01:12 So we had kids.
    1:01:15 People want to know, how are you investing for Alani and Amaya?
    1:01:21 So we brought in our strategists who are helping us invest so that by Alani’s 18th birthday,
    1:01:24 she’ll have close to a million dollars saved and invested.
    1:01:29 So we’re bringing everything that’s in our entire world, our all-pair, how we found them,
    1:01:31 how you guys could use them as well.
    1:01:37 So everything that we’ve learned over the course of these eight years as we’ve been sharing this
    1:01:41 journey, we bring that back to our community so that they could use resources as they see
    1:01:41 fit.
    1:01:44 And the cleaning business just might be one stopping point along their entire journey.
    1:01:47 They might learn from us about the cleaning business.
    1:01:49 They might say, I want to go start a car rental business.
    1:01:53 Or I might want to start a micro-influencer business, or I might want to just share my
    1:01:53 story online.
    1:01:58 So we see it as an all-in-one platform and curriculum for anyone who wants to learn about
    1:02:01 entrepreneurship by the vehicle of having a cleaning business.
    1:02:03 And then also, obviously, raising our two kids.
    1:02:04 Yeah.
    1:02:09 People learn right alongside you as you’ve grown and the family has grown.
    1:02:12 And, you know, different seasons, different stages come up all the time.
    1:02:13 So I’m happy to hear that.
    1:02:13 Absolutely.
    1:02:16 Again, CleaningBusinessMasterclass.com.
    1:02:17 Check it out over there.
    1:02:19 Big thanks to Anthony for sharing his insight.
    1:02:23 Thanks to our sponsors for helping make this content free for everyone.
    1:02:27 As always, you can hit up SideHustleNation.com slash deals for all the latest offers from our
    1:02:28 sponsors in one place.
    1:02:29 That is it for me.
    1:02:31 Thank you so much for tuning in.
    1:02:33 Until next time, let’s go out there and make something happen.
    1:02:36 And I’ll catch you in the next edition of the Side Hustle Show.

    Anthony and Jhanilka Hartzog erased $114k of debt in 23 months.

    The side hustling couple were making good money at their day jobs, but realized there’s only so much you can cut from your budget.

    That’s when they turned to the income side of the equation and started a ton of different side hustles.

    They picked up second jobs at their gym, rented out their car on Turo, dogsitted, and — inspired by my episode with Chris Schwab, they started a residential cleaning business called Maids2Match.com.

    Today, that business is doing $20-25k in sales a month, with other people doing the cleaning. Anthony and Jhanilka are fully in business-owner mode, dedicating just a few hours a week to it.

    You can follow along with their journey on Instagram @thehartrimony.

    Tune in to hear:

    • how they got this business off the ground while working full-time
    • how they find reliable cleaners
    • the marketing tactics that are paying off

    Full Show Notes: Listener Success Story: From Idea to 6-Figure Side Hustle

    New to the Show? Get your personalized money-making playlist here!

    Sponsors:

    Mint Mobile — Cut your wireless bill to $15 a month!

    Indeed – Start hiring NOW with a $75 sponsored job credit to upgrade your job post!

    OpenPhone — Streamline and scale your customer communications with Open Phone. Get 20% off your first 6 months at www.openphone.com/sidehustle.

    Shopify — Sign up for a $1 per month trial!

  • Mom Advice: 10 Life Lessons from Mom (Greatest Hits)

    AI transcript
    0:00:05 Here’s an oldie but a goodie from the archives from the Side Hustle Show Greatest Hits Collection.
    0:00:09 What’s up? What’s up? Nick Loper here. Welcome to the Side Hustle Show because
    0:00:15 the best time to repair a roof is when the sun is shining. Hat tip to JFK for that one
    0:00:21 special Mother’s Day edition of the show for you this week featuring 10 bits of advice and wisdom
    0:00:29 from mom. The dad advice episode we did last June for Father’s Day was a lot of fun and it was pretty
    0:00:35 popular so I’m going to attempt to revisit that format today just with mom providing the often
    0:00:41 very literal advice and me over analyzing it 30 years later. That Father’s Day episode was number
    0:00:48 393 if you want to go back and check it out. So first a little bit about mom for the sake of context
    0:00:55 here. She essentially had two careers the first in nursing and the second as a library assistant
    0:01:00 where she actually helped me get one of my first jobs getting paid to reshelve books. This is like
    0:01:07 the perfect introvert gig plus it paid time and a half on Sundays which was like 12 or 13 bucks an hour
    0:01:15 pretty good high school job. But mom encouraged both work and work ethic at an early age both in my
    0:01:22 brother and I by her own example and by setting expectations. More on that in a bit. But mom’s
    0:01:27 probably always been my biggest advocate and supporter even if the online business models that
    0:01:31 I was playing around with weren’t always easy to explain to her friends like oh I think he sells
    0:01:37 shoes on the internet I don’t know he seems to be doing okay. You know how bloggers always joke about
    0:01:43 like the early days of their blog when it’s only their mom reading? Those are not jokes those are 100%
    0:01:48 true and it’s not only that she would leave comments and I’d want to say well that’s fine just don’t put
    0:01:53 your last name or don’t put mom in the name field like make it look legit. So here we go 10 lessons
    0:02:00 from mom that stand out and have stuck with me over the years. Number one is to keep reading and to keep
    0:02:06 writing. My brother and I you’ll hear from Chris in a minute you know we watched our fair share of TV
    0:02:11 and we played our fair share of video games but reading for pleasure was always encouraged and was
    0:02:17 really expected. But beyond that there was this unspoken balance of consumption and creation and
    0:02:21 what I found was that by reading and learning and taking in different styles and perspectives
    0:02:29 you become more creative. Like when I listen to other podcasts or read other authors I find what I like
    0:02:34 and what I don’t like oh what literary device did they use there and I’m often finding inspiration
    0:02:40 during quote-unquote consumption time. But for mom it wasn’t enough to be a passive consumer. We had this
    0:02:46 stack of construction paper and crayons and markers in the desk in the kitchen and we turned that into all
    0:02:51 sorts of projects. I remember we were making pilgrim costumes and treasure maps and making up our own
    0:02:57 games. When I said I didn’t like the new Sonics logo she said okay make a better one. And I think writing
    0:03:03 is probably one of the most underrated skills in the world today because so much of our communication
    0:03:08 it happens over email or you know maybe you need to make a good impression on your resume or your
    0:03:13 LinkedIn profile or you need to persuade someone to join your email list or to buy your product
    0:03:17 or you just need to create a piece of content that Google thinks is good enough to rank on the first
    0:03:22 page. It’s all writing and it’s a skill that can be learned but it’s a skill that takes practice
    0:03:29 and I’m really grateful that mom encouraged both Chris and I to keep writing. Yes we got plenty of
    0:03:34 practice in school but we’d come up with stories that weren’t part of any school assignment. I remember
    0:03:40 one from probably first grade about three dinos. Couldn’t spell dinosaur at that time so they were just
    0:03:47 dinos. They were named Ken, Alvin, and Jose after some you know popular baseball players circa 1989.
    0:03:53 I don’t remember the plot of the story but it was just an early example of writing for fun. A habit
    0:03:58 that continues today only you know I’m lucky enough to get paid to do it now. And I think this is a big
    0:04:04 deal and that’s why I put it at number one. The easy path is to keep consuming this endless social media
    0:04:11 feed but dedicate some time to your own creation. Doesn’t have to be writing but make something. What do you
    0:04:16 want to be known for? What are you going to put out into the world? One of the questions that I asked
    0:04:22 myself before starting Side Hustle Nation was when someone googles you what do you want them to find?
    0:04:28 So that was mom advice number one. Keep reading. Keep writing. Number two is if you’re not in it it’s just a
    0:04:32 postcard. Back in the day you might be old enough to remember this. You didn’t have a camera on your
    0:04:38 phone. Instead you took pictures with an actual camera with actual film. Yes pre-digital camera.
    0:04:43 And then when the role was used up might be next week might be three months from now you had to
    0:04:47 take it to the place and get it developed. Super delayed gratification. I remember that picture
    0:04:54 and the feedback mom gave me upon developing one of those roles of film of mine was you know what if
    0:05:00 you’re not in it it’s just a postcard. I don’t remember what those pictures were of only apparently
    0:05:05 that I wasn’t in them and that was something that stuck with me both on the literal level and on the
    0:05:10 metaphorical level. If you’re ever fortunate enough to find yourself at the Great Wall or
    0:05:16 Anchor Wand or Stonehenge or the Eiffel Tower or the Pyramids or wherever know that there have been
    0:05:21 thousands of professional photographers who’ve been there before you with just the right light and just
    0:05:26 the right equipment and they’ve gotten a better shot than you could really ever realistically hope
    0:05:32 to achieve. But they don’t have you. Get in the picture. So in all my projects the ones that have had
    0:05:37 the most success are the ones that I signed my name to instead of the ones where I’ve tried to stay more
    0:05:43 you know semi-anonymous behind the scenes. They’re the ones that I stepped into the picture for and of
    0:05:48 course just about every business under the sun has been done before and if it hasn’t maybe that’s a
    0:05:54 risky sign you better go and validate it first but it hasn’t been done by you with your unique
    0:05:59 perspectives and personality with your unique strength and your style. Just last week we heard from
    0:06:05 Jade Weatherington who said that she’d had people rip off her lessons and her curriculum and she said
    0:06:12 they can copy her but they can’t be her. You can be your own unique selling proposition and competitive
    0:06:18 advantage. If you’re not in it it’s just a postcard. Mom lesson number three is be able to follow the
    0:06:25 instructions but doing it your own way is allowed too. This is a lego building example as in yes you can
    0:06:30 build the thing you can follow the steps you can make it look like the one in the picture and yes
    0:06:35 that’s fun. That’s important to be able to pay attention to the details all of that but now you got
    0:06:42 all these pieces what else could you make? And I feel like we spent a lot more time building off script in
    0:06:49 that way. So our oldest is five now little hustler number one. He’s super into legos and I think it’s
    0:06:53 really cool that he’s got this part figured out. He calls it imagination legos where he just builds
    0:06:59 something of his own creation. Pterodactyls, spaceships, boats, all sorts of cool stuff. The reason I think
    0:07:06 this parallels entrepreneurship is that yes you should absolutely take advantage of the case studies and
    0:07:13 examples and recipes and mentorship of all the people, all the businesses that have gone before you. And in some
    0:07:18 ways it would be kind of silly not to. Like why reinvent the wheel, right? And a lot of this stuff is free. I
    0:07:24 remember our chat with Donald Spann last year who built and sold a virtual receptionist company.
    0:07:30 All remote. What was interesting was he said he would listen to interviews that other call center
    0:07:36 founders gave. And I think he specifically mentioned Jill Nelson from Ruby Receptionists.
    0:07:41 And he would learn all sorts of details about the inner workings of these companies. It’s also why during
    0:07:48 any well-orchestrated affiliate launch, the affiliate manager will give you the formula. Hey, I need you
    0:07:53 to send an email on these days. Here’s the swipe copy for day number one. Here’s the swipe copy for
    0:07:59 day number two. It’s because they’ve seen what works. And so while I think it’s wise to pay attention to
    0:08:05 what’s working and what has worked, it’s okay to do an imagination build too. And remember imagination
    0:08:10 Legos. Just because for some of the challenges you come across, there’s not always going to be
    0:08:15 instructions. It’s similar to the postcard bit. Inject yourself into the project as a point of
    0:08:21 differentiation. And with any luck, you’ll be the case study that other people turn to look to you for
    0:08:26 inspiration in the future. So be able to follow the instructions, but doing it your own way is allowed
    0:08:33 too. That was a bit of mom advice number three. Number four is to send your thank you notes. So we had two
    0:08:38 Aunt Margaret’s growing up and for our birthdays, Chris and I, they would send us a birthday card
    0:08:44 with a check and one Aunt Margaret would send a $15 check and the other Aunt Margaret would send a $2
    0:08:50 check. And looking back, you know, how sweet is that, right? But we weren’t allowed to cash those checks
    0:08:54 and we definitely weren’t allowed to spend any of that money until the thank you notes were written.
    0:08:59 And I understand it’s a polite thing to do and it’s maybe becoming a little bit of a lost art,
    0:09:06 but it was number one, a way to practice writing again, right? And number two, a way to instill
    0:09:12 gratitude. Even as a kid, when writing thank you notes was kind of a chore, it made you think that these
    0:09:18 people took some time out of their day to send you a card and to send you some money. They care about you.
    0:09:24 Be grateful that you have these people in your life. And while you’re at it, maybe you have some other stuff
    0:09:29 to be thankful for too. I’ve been gratitude journaling off and on for probably close to 10 years at this
    0:09:35 point, which is like a mini thank you note every night, no matter how bad a day goes, no matter how
    0:09:43 challenging it is, I find this to be a pretty helpful nightly reset. Just a little reminder. Okay, it’s not
    0:09:48 all bad. And this is actually one of the five primary habits that I’ve got baked into my progress journal,
    0:09:54 physical productivity journal, which you can find at progress journal.net. So write those thank you
    0:10:01 notes. What are you grateful for? More mom advice coming up right after this. When you’re running a
    0:10:06 business, every missed call is money left on the table. Customers expect speed. Think about the last
    0:10:12 time you had a plumbing emergency. If the first plumber didn’t answer, my guess is you moved on to the next
    0:10:16 one on the list. With our sponsor, OpenPhone, you’ll never miss an opportunity to connect with your
    0:10:22 customers. OpenPhone is the number one business phone system that streamlines and scales your
    0:10:26 customer communications. It works through an app on your phone or computer. So that means no more
    0:10:31 carrying around two phones or using a landline. With OpenPhone, your team can share one number and
    0:10:37 collaborate on customer calls and texts, just like a shared inbox. That way, any team member can pick up
    0:10:42 right where the last person left off, keeping response times faster than ever. Right now, OpenPhone is
    0:10:49 offering SideHustle show listeners 20% off your first six months at OpenPhone.com slash SideHustle.
    0:10:58 That’s O-P-E-N-P-H-O-N-E dot com, OpenPhone.com slash SideHustle. And if you have existing numbers with
    0:11:04 another service, OpenPhone will port them over at no extra charge. OpenPhone. No missed calls,
    0:11:10 no missed customers. One strategy I didn’t fully embrace or maybe wasn’t fully aware of when I was
    0:11:15 starting out was this idea of the piggyback principle. In the startup phase, that means you
    0:11:19 don’t have to start completely from scratch, but instead you can take advantage of existing tools,
    0:11:25 templates, playbooks, best practices from the people who’ve gone before you. A perfect example of this
    0:11:31 is our partner Shopify. Shopify is the commerce platform behind millions of businesses from
    0:11:36 household names to side hustlers on their way to becoming household names. With hundreds of ready-to-use
    0:11:41 templates, Shopify helps you build a beautiful online store and start selling. Plus, Shopify is packed
    0:11:46 with helpful AI tools to accelerate your workflow. We’re talking product descriptions, page headlines,
    0:11:51 and even enhancing your product photography. You can even easily create email and social media campaigns
    0:11:56 to reach your target customers wherever they’re scrolling or strolling. If you’re ready to sell,
    0:12:02 you’re ready for Shopify. Turn your big business idea into with Shopify on your side. Sign up for your
    0:12:09 $1 per month trial and start selling today at Shopify.com slash side hustle. Go to Shopify.com
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    0:12:21 Mom lessons number five and number six come from my brother, Chris, who you can find writing about living
    0:12:26 your best life. And he also offers habit coaching at becomingbetter.org.
    0:12:34 I’ve got two bits of wisdom from mom that I’d like to share. The first one is people like mixtapes. Now
    0:12:39 this concept will be a little foreign to younger listeners, but when I grew up, we listened to cassette
    0:12:45 tapes in the car. And there was a time around fourth grade that I got really into Billy Joel. I would
    0:12:51 constantly listen to his albums on the record player in our living room. And mom realized that I would
    0:12:56 appreciate having a mixtape of my favorite Billy Joel songs for the car. So she made one for me.
    0:13:01 And of course, I loved it. For side hustlers, the lesson here is that there’s a lot of value in
    0:13:07 curating. Not that many people want to listen through all of Billy Joel’s albums, but loads of people want
    0:13:12 the greatest hits. So if you can sift through a large collection of ideas and organize the best of
    0:13:18 them into a website, a book, or a course, people will really appreciate that and pay you for it.
    0:13:23 Nick does that with things like the traffic course.com. And it’s something I’ve done with articles
    0:13:29 like the one I wrote on the essentials of stoicism. The second bit of mom wisdom I’d like to share is
    0:13:36 do the easy part first. One thing I always did with mom growing up was jigsaw puzzles. And some of the
    0:13:41 puzzles we did were really big and really difficult, but mom had a strategy for handling the challenge.
    0:13:47 Start with the outline and then work on the easiest parts of the puzzle. The lesson for everyone,
    0:13:52 and especially for side hustlers working on complicated projects is that a difficult task feels
    0:13:58 more doable once you get started. Once you knock out the easy parts and make an outline, the project that
    0:14:05 initially felt overwhelming becomes manageable. Plus, moving forward creates momentum. So instead of feeling
    0:14:11 stuck or feeling lazy, you’ll actually feel motivated to continue. This is an essential strategy for overcoming
    0:14:16 procrastination. By beginning with the easiest part, you make it easier to get rolling.
    0:14:25 I like this curation example. And there are tons of examples in the online business space where you can
    0:14:31 see it in action. I mean, in one sense, every interview that you hear on this show is one form
    0:14:36 of curation because it made it through versus the 25 pitches that didn’t. And I’ve started creating custom
    0:14:44 playlists on Spotify that showcase specific business models to hopefully eliminate some of that overwhelm of,
    0:14:49 there’s 400 episodes. Where do I start? Another curation business model I’m excited about right now is email
    0:14:55 newsletters. You might have noticed that I’ve started doing this at the bottom of my newsletters, highlighting
    0:15:02 two or three cool tools or articles that I found interesting over the last week. But curated newsletters are really
    0:15:08 cool because if you could source the most interesting or helpful articles in your niche and do it on a daily or weekly
    0:15:14 basis, you help cut through the clutter for all your subscribers. One of my new favorites here is called all star
    0:15:19 money. This is an example from the personal finance space where every day they’re sending out three unique
    0:15:26 articles from the personal finance universe. They’re well thought out. They’re interesting. I don’t know. I like it all star
    0:15:34 money. But as the audience grows, the other reason that these curated newsletters are interesting to me is, you know,
    0:15:41 they can be monetized with relevant advertising or affiliate offers or even products or services of your
    0:15:47 own creation. You can check out my chat with Cody Sanchez in episode 419 for a little bit more on the
    0:15:53 newsletter business. That’s on how she grew in monetized contrarian thinking. So that was mom advice.
    0:15:59 Number five, curation is creation. And yes, it is a valuable service. Number six was doing the easy
    0:16:07 part first. And this is kind of the counter argument to Brian Tracy’s eat that frog, which argues, do the
    0:16:12 most difficult thing first, get it out of the way. There’s, I think, a time and a place for both, especially
    0:16:18 if you’re prone to procrastination. You know, maybe you just need to rip off that bandaid. I’m curious,
    0:16:24 though, which way do you prefer to work? I tend to default to doing the easy stuff first to build some
    0:16:30 positive momentum like Chris described. And in my case, maybe that’s outlining an article instead of
    0:16:35 staring at the blank screen and trying to come up with an intro. But once that’s done, once the outline
    0:16:39 is done, the article kind of starts to write itself, you start filling in the gaps. And next thing you know,
    0:16:46 you’ve made some some meaningful progress. But big thanks to Chris for sharing those curate and do the
    0:16:52 easy part first. Again, you’ll find him at becoming better.org. The next bit of mom advice was one we
    0:16:59 actually talked about as well, Chris and I, and that’s number seven, an ounce of prevention is worth a pound
    0:17:05 of cure. Chris’s example was that developing good brushing and flossing habits is a lot cheaper than
    0:17:11 paying for cavities. But I actually remember another bathroom related example that had to do with our aim
    0:17:16 around the toilet. Mom was sick of cleaning up the bathroom when we were kids. So the first thing she
    0:17:22 did was delegate that chore to us. Look, it’s your job now. When we decided it wasn’t much fun either.
    0:17:27 She said, well, you know what, it would be a lot easier if you didn’t miss so much. So after that,
    0:17:32 we got a lot more careful with our aim, you know, preventing the problem from happening in the first
    0:17:37 place. When I worked in the car business, there was a rule in the service department to call your
    0:17:43 customers before they called you. Like if a customer had their car in the shop for some maintenance or
    0:17:50 repair, make sure to give them updates and progress reports and cost details as it goes along before
    0:17:55 they call you at 445, right before closing time to ask, hey, is this ready to get picked up? Or they
    0:18:00 get this surprise bill when they do show up. It was a way to prevent upset customers and manage
    0:18:06 expectations. In online business, you see lots of examples of this ounce of prevention in practice,
    0:18:15 from FAQ pages to detailed sizing information and pictures like of the products, or even with advertising
    0:18:22 copy that says specifically who the product is the best fit for, and maybe who it’s not for. All of that is
    0:18:29 designed to prevent the more expensive, quote, cures of customer support staff, of processing returns,
    0:18:35 or just working with a client who’s not well aligned with what you have to offer. So your homework here is
    0:18:42 to take a look at the messages or questions that you get from customers, readers, subscribers. Are there
    0:18:48 any patterns? What could you do to prevent some of those messages? Now I want to be clear, I am happy to
    0:18:54 hear from readers and listeners. I love it. Most of the time it makes my day. But there are certain messages
    0:19:00 that are frustrating for both parties, like, hey, where’s my file? Or how can I update my email? So I put
    0:19:05 together a special VIP page where subscribers can access all the bonus files, don’t have to punch in
    0:19:11 your email again. And I send that out to new subscribers after they join the email list. You can
    0:19:16 check it out, sidehustlenation.com slash join. You can see it in action. It should be there, you know,
    0:19:21 10-15 minutes after you sign up. And then I added a little link at the bottom of the newsletter that
    0:19:27 lets people update their account information in ActiveCampaign. And I think once you start looking,
    0:19:33 you’ll find lots of different ways to apply this ounce of prevention rule. Maybe it’s creating text
    0:19:38 expander snippets for stuff you type all the time. Maybe it’s creating process documentation for your
    0:19:43 team. But that was mom advice number seven, an ounce of prevention is worth a pound of cure.
    0:19:51 Mom lesson number eight is, is that really what you want to spend your money on? I credit both mom and
    0:19:58 dad for instilling this habit of lifelong frugality, or maybe spending intentionally is maybe a better way
    0:20:03 to phrase it. But it was mom who helped, you know, count out the coins from my Garfield piggy bank and
    0:20:09 open up my first savings account. She was the one who’d play allowance the board game with us. And one of the
    0:20:16 first things I remember saving up for as a kid was to buy this skateboard. And it was probably first grade,
    0:20:22 second grade. It was 28 bucks at Toys R Us. There was one with a cooler pattern for $36, but I didn’t have
    0:20:28 that much. And we’re standing there in the aisle and she asks, okay, is that really what you want to spend your
    0:20:33 money on? And if you thought it was a dumb idea, which you probably did, I don’t think that was
    0:20:40 detected by me. Instead, what came across was, yes, you can get this. You understand how much it costs.
    0:20:45 You understand how much money you have. And is that worth it to you? And at the time it was, I remember
    0:20:50 my friend pulling me up and down the street behind his bike on that thing. But on countless other
    0:20:55 occasions, the answer was no, I’d rather save for something else. There’s nothing wrong with spending
    0:21:01 money. In fact, that’s kind of the point of earning it, but to make sure it’s on the things that you
    0:21:06 really want and value. Just because you can afford something doesn’t necessarily mean that you should
    0:21:13 buy it. I also think there’s something about giving kids autonomy with money early on, freedom to make
    0:21:19 what you might consider a mistake on a small scale. So they learn what it feels like to spend, what it feels
    0:21:25 like to save. And hopefully, maybe they don’t make bigger money mistakes later on. So that was lesson
    0:21:30 number eight for me. Is that really what you want to spend your money on? Number nine is to have high
    0:21:38 expectations and hold yourself accountable. I was the kid who stressed out about school and grades a lot
    0:21:44 more than I probably should have. And mom swears this was self-inflicted, but I don’t know, we definitely
    0:21:50 didn’t want to disappoint her. So in middle school, I started to hear these rumors and rumblings that some
    0:21:55 of my friends were getting paid for their grades, like their parents would give them 20 bucks for every
    0:22:01 A and $10 for every B or something like that. I was like, I could be making money. And I can’t tell you
    0:22:09 how fast this proposal was shot down by mom and dad when I floated it by them. Why reward what’s expected,
    0:22:15 I think was the reaction. Do your best because of who you are and care about the effort you put out
    0:22:20 into the world, not because you think you’re going to get paid for it. Great report card. Now go do it
    0:22:26 again next semester. Have high expectations for yourself was number nine. Number 10 is I hope you
    0:22:32 dance. And this was mom’s advice upon graduating high school, which was actually lyrics from a song that was
    0:22:39 medium popular around that time by Leanne Womack. This was really before my country music kick, but it
    0:22:43 was still all over the radio. You couldn’t miss it. I don’t think I can play it for you for copyright
    0:22:48 reasons, but it opens like this and I’m not going to try and sing it. Opening lines. I hope you never
    0:22:53 lose your sense of wonder. You get to eat your fill, but always keep that hunger. And in rereading the lyrics
    0:23:00 in preparation for this episode, I can tell why she gave it to me. This is a really heartfelt sendoff
    0:23:07 from any parent to any child, the kind that I probably wasn’t capable of appreciating at 18 and
    0:23:15 maybe even not 28, but certainly do now after having kids of my own. It’s a call to be grateful for what
    0:23:22 you’ve got, but to keep growing, to have the strength to get through the challenges ahead and to have some
    0:23:28 fun along the way. So thank you for that, mom. Love you. Hopefully lots of years of dancing still to
    0:23:35 come. Now I asked her what advice she got from her mom. And even though she had zero desire to be on air,
    0:23:41 she was a good sport. She did send me this clip. After much thought and consulting my siblings, it turns
    0:23:47 out mom wasn’t big on giving advice. We weren’t often told you can’t do something, but we were told to try
    0:23:53 and mom would be there to pick up the pieces when it didn’t work out. So I guess mom’s advice would be
    0:24:00 don’t be afraid to try. I think that clocked in at 18, 19 seconds. Definitely not one to seek the
    0:24:06 spotlight, but there you have it. Be open to trying new things. The side hustle show is a great example
    0:24:11 of me trying something new and it is turning eight years old this month. Hard to believe, but you never
    0:24:17 know until you try. And I know I’m at my happiest when I’m experimenting and trying new stuff. For
    0:24:24 example, I’m testing a new email challenge slash welcome series with a little one-time offer on the
    0:24:28 confirmation page for the first time ever. This took an embarrassing amount of brain power to create,
    0:24:33 but was also a lot of fun. I’m excited to see what kind of results it gets because if you don’t test,
    0:24:39 if you don’t experiment, if you don’t try, you’ll never know. But mom, appreciate all the encouragement
    0:24:44 and wisdom over the years. And thank you so much for tuning in. That is it for me. Until next time,
    0:24:48 let’s go out there and make something happen. And I’ll catch you in the next edition of the Side
    0:25:04 Hustle Show. Hustle on. Did you know Mother’s Day is coming up? Yeah. What should we get for mama?
    0:25:13 I’m thinking card. Card would be nice. Or a car? A car? Yeah. I don’t know about that. What kind of
    0:25:21 car would mommy like? A car that could turn into a submarine or a plane. That’s very versatile for
    0:25:24 sure. Or we could just build one. Or we could build one. What would you build it out of?
    0:25:32 Metal. Metal, sure. Or we need to buy pieces. Yeah, it probably would require a lot of pieces.
    0:25:40 Let’s go back to the card idea. What would you write in the card for mama? A joke. A joke? Tell a good,
    0:25:46 what’s a good Mother’s Day joke? Knock, knock. Who’s there? Em. Em who? Oh, I’m a mother.
    0:25:53 All right. I don’t know if I get that one, but what’s Mother’s Day all about? You give mother
    0:26:00 something. Is it like birthdays for moms? Mm-hmm. Trying to be thankful for all the things that
    0:26:07 they do for us? Yeah. Yeah. What kind of stuff does mama do for you? Uh, cook a dinner. Yeah,
    0:26:11 she’s a good cook. She makes you good food. Mm-hmm. Uh, what else? Rocking us before bedtime.
    0:26:20 Rocks you to sleep. Yeah. What does mama do for work? Uh, work on the phone, type on the computer,
    0:26:28 which is so boring. What else? She practices making some laser beams. Where did she go? At the end of
    0:26:35 the freeway. The end of the freeway? Yeah. What type of building is it? A laboratory. She works at the
    0:26:43 laboratory. What do you think they have there? Laser beams. What else? Sauce. Laser beams and
    0:26:49 saws? I don’t really know. Saucers? Saucers? It’s a top secret place. How else does mommy make money?
    0:26:57 Take pictures. That’s right. Taking pictures. Who does she take pictures of? People. Taking pictures
    0:27:01 of people. That’s right. Because landscapes don’t write checks. We call that our side hustle. Do you know
    0:27:06 what a side hustle is? No. Well, now you do. It’s something extra that you do to make money.
    0:27:13 Work? Yeah. Extra work. I think I know a good job I could do. Yeah. If you needed to make money,
    0:27:19 what would you do? I could keep mice out of the attic. Keep mice out of the attic? Yeah. That’s
    0:27:25 definitely a legit job. Like rodent proofing, for sure. Yeah. I could put security systems. Oh,
    0:27:32 security system? For a mouse. Okay. So I’d put some cheese in the attic tied to a string and then the
    0:27:38 mice would eat the cheese. They would like bring the cheese to their house, but then it would pull
    0:27:44 the string and then the net would go on. Okay. I feel like there’s an old board game like that.
    0:27:50 What’s your favorite game to play? Uno. The game that never ends. Uno can go on for a long time.
    0:27:55 Remember that time where we played with grandma and grandpa and all grandma had good greens?
    0:28:03 Yeah. And it lasted like almost half the night, right? It lasted for a long time. People were trying
    0:28:09 to help you win. I had something else I was going to ask you and then I forgot. What was it? It was,
    0:28:13 oh, are you excited for kindergarten? Yes. What’s going to happen at kindergarten?
    0:28:18 I don’t know. Me neither, man. It’s been a long time since I was in kindergarten.
    0:28:25 My kindergarten teacher was Mrs. Rockwell. That’s weird. Do you think she likes rocks?
    0:28:32 Maybe so. I can find some pretty cool rocks. Diamond-shaped ones. That’s for sure.
    0:28:36 Yeah. White ones. White ones. Do you think you can ride a school bus to kindergarten?
    0:28:40 Yeah. Yeah? How are you going to know where to go?
    0:28:43 Go where? And once you get to the school, it’s a big place.
    0:28:50 I just look around first. Just look around. Somebody will probably be like a, uh, that looks
    0:28:56 like a confused kindergartner. Right this way, sir. What’s your name? I look like a confused…
    0:29:02 Well, I bet most of the people who first got there were pretty confused. That’s right. You won’t be
    0:29:07 the only one. Yeah. If you had a kid, what kind of advice would you give them? I don’t know.
    0:29:13 What kind of advice does mama give you? Be a good listener. Be a good listener. What else?
    0:29:18 Be nice to Gray. Yes. Be nice to brother, for sure. She’s mostly trying to help you,
    0:29:22 you know, grow up to be a good human, you know? Okay. Okay. Okay. All right. You want to be done
    0:29:25 with this? Yeah. Okay. All right. Thanks, dude.

    With Mother’s Day coming up, I wanted to share some of the best advice and lessons I got from mom growing up. Most of the time, this was pretty literal advice, but I found a lot of it has a broader application to entrepreneurship.

    Mom has always been probably my biggest advocate and supporter. For background, she essentially had a couple different careers, first in nursing and then as a library assistant.

    (At the library, she actually helped me get one of my first jobs in high school.)

    Lots of wisdom I hope to be able to pass along to our little ones!

    And if you like this format, be sure to check out the companion list/episode on dad’s advice!

    Full Show Notes: Mom Advice: 10 Life Lessons from Mom

    New to the Show? Get your personalized money-making playlist here!

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  • 670: $1000/mo Helping People Plan Trips: Inside the Travel Advising Side Hustle

    AI transcript
    0:00:04 A thousand bucks a month helping people plan epic trips.
    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.
    0:31:00 Who, not how.
    0:31:02 That’s the unlock that
    0:31:03 transforms side hustlers
    0:31:05 into business owners instead
    0:31:06 of business doers.
    0:31:07 You’re always going to run
    0:31:08 into problems and problem
    0:31:09 solving is a really
    0:31:11 important skill, but I’m
    0:31:12 constantly trying to
    0:31:13 remind myself, I don’t
    0:31:14 need to know how to
    0:31:14 solve everything.
    0:31:15 I just need to be able to
    0:31:17 find the people that do
    0:31:18 know how to solve it.
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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!

    Sponsors:

    Mint Mobile — Cut your wireless bill to $15 a month!

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  • 669: The Piggyback Principle: The “Lazy” Way to Build a Successful Side Hustle

    AI transcript
    0:00:05 The piggyback principle, the lazy way to build a successful side hustle.
    0:00:09 My kids will tell you, it’s easier to get a piggyback ride than climbing the mountain
    0:00:09 by yourself.
    0:00:15 And you’ve heard the metaphor that a rising tide lifts all boats, but the secret is those
    0:00:20 tides are all around us and you can take advantage of them in just about every area of your business.
    0:00:25 I’m tackling three of those areas today, starting with idea generation, then we’ll cover the
    0:00:29 startup or creation phase and close with the growth and marketing segment.
    0:00:33 For all of those, I’m going to show you how to get a piggyback ride.
    0:00:35 In the world of cycling, it would be drafting.
    0:00:39 If it was swimming, it’s like, how do I swim downstream instead of against the current?
    0:00:42 And I believe there is a way to do that.
    0:00:45 And that’s why I want to propose the piggyback principle in this episode.
    0:00:50 It’s a concept I first wrote about probably 10 years ago on the Cyan Hustle Nation site.
    0:00:53 But at that time, I took a pretty narrow view of it.
    0:00:56 Really, it was just about taking advantage of marketplace trends.
    0:01:01 At that time, it was things like the rise of WordPress or the popularity of the paleo diet.
    0:01:04 And of course, those trends shift over time.
    0:01:08 But all else being equal, I’d like to be in a business where there’s going to be more customers
    0:01:10 tomorrow than there are today.
    0:01:14 We may have talked about this recently, but I remember a guy from Philip Morris coming to
    0:01:16 talk to our group in a business school.
    0:01:19 And we were like, isn’t cigarettes a dying industry?
    0:01:24 And he had to admit that it was, but it was slowly declining around 3% a year, he told us.
    0:01:27 That’s the opposite of a piggyback principle business.
    0:01:31 Make life easier for yourself by setting up shop where demand is increasing.
    0:01:34 So how do you find those kinds of ideas?
    0:01:35 Lots of different ways to go about it.
    0:01:39 One interesting place to start is explodingtopics.com.
    0:01:44 I really like this site because it just shows you on the homepage, it’s a random feed of things
    0:01:48 that have increased in search volume over the last several months or several years.
    0:01:50 I’m going to go through a few of these.
    0:01:56 One that came up, there’s all things AI, of course, AI logo generator, AI image enhancer.
    0:01:58 There’s one for lash clusters.
    0:02:01 I assume this is eyelashes or like a physical product thing.
    0:02:04 Interesting one around a fractional CTO.
    0:02:09 In the trends episode with Spencer, we talked about the rise of fractional job roles from
    0:02:11 the freelancing or consulting side.
    0:02:15 You know, maybe elevates your status a little bit to call yourself a fractional CTO rather
    0:02:21 than a freelance web developer or freelance, you know, technical expert, whatever your expertise
    0:02:22 may be.
    0:02:25 There is an exploding topic around beef tallow.
    0:02:26 I don’t know what that is.
    0:02:28 Remineralizing gum.
    0:02:32 I don’t know what that is either, but if you do, or if you could find it someplace, somebody
    0:02:33 help manufacture that, maybe.
    0:02:35 A trend around cold plunge tub.
    0:02:37 We were just talking about this with the neighbors the other day.
    0:02:41 An increase of interest in cold plunge tubs.
    0:02:45 Maybe there’s a way to bring something like that to market or sell something into that audience.
    0:02:50 Now, exploding topics and sites like that are good if you’re idea agnostic.
    0:02:52 You’re just looking for broad patterns and trends.
    0:02:57 If you have an idea already, and maybe a hint would be to ask yourself the usual questions
    0:03:00 of, well, what do people already ask me for help with?
    0:03:02 What do I spend my spare time on?
    0:03:04 What do I spend my money on?
    0:03:06 What am I curious to learn more about?
    0:03:08 What do I know more about than the average person?
    0:03:14 Those types of questions can help guide or steer your idea generating session in one direction
    0:03:15 or another.
    0:03:20 But if you have something in mind, you might punch it into Google Trends to see whether interest
    0:03:23 in that topic is increasing or decreasing.
    0:03:27 If it’s decreasing, it doesn’t necessarily mean you can’t build a business around it.
    0:03:30 It just means it might be harder than picking an increasing topic, right?
    0:03:33 Going back to the cigarette use declining 3% a year.
    0:03:35 All else being equal, pick the one that’s increasing.
    0:03:39 Now, I want to be upfront and say I did none of this when I was starting Side Hustle Nation,
    0:03:46 but I did have kind of this innate sense that more people would be interested in entrepreneurship
    0:03:52 given all the opportunities opened up by different online platforms and reasoned that, you know,
    0:03:54 making extra money never really goes out of style.
    0:04:00 So sometimes we get fixated on trying to fit the proverbial round peg into the square hole
    0:04:04 so much so that we don’t pay much attention to what’s working in the marketplace or how other
    0:04:09 people are making money or even what other people might happily pay us for.
    0:04:13 This is one of my favorite lines from the Side Hustle Show, all-time favorite lines,
    0:04:18 and it comes from Austin Church in episode 417, where he says,
    0:04:21 pay attention to what wants to happen.
    0:04:24 Pay attention to what wants to happen.
    0:04:29 When you first get into freelancing, it seems like the wild, wild west,
    0:04:33 and you may have a lot of opportunities, and then you think,
    0:04:35 well, I’m going to go after this one.
    0:04:43 But oftentimes the second or third project or opportunity or client or whatever
    0:04:48 is the thing that’s more scalable, the thing that will be more sustainable and satisfying.
    0:04:55 So just keep your eyes open, and maybe another way to put it is look for the,
    0:04:58 the easiest money you can make in freelancing.
    0:05:00 What’s the path of least resistance?
    0:05:02 How can you swim downstream?
    0:05:05 What would it look like if it were easy to borrow a line from Tim Ferriss?
    0:05:08 Pay attention to what wants to happen.
    0:05:10 Thanks to Austin Church from that one, from episode 417.
    0:05:16 In my case, it took longer than I care to admit to notice how other quote-unquote personal finance blogs made money,
    0:05:21 or how other podcasts had switched to dynamic ad insertion and left me behind.
    0:05:26 But the subtle art of coming up for air and looking around is an underrated entrepreneurial skill.
    0:05:32 Another resource you can use to identify trending areas or topics that are growing in interest is Reddit,
    0:05:36 and specifically looking for subreddit growth.
    0:05:40 I found one site called RedStats, R-E-D-D-Stats.com.
    0:05:44 There are several of these, which highlight some of the fastest growing subreddits,
    0:05:48 both in terms of raw new members and percentage growth.
    0:05:52 So, I was just scrolling through and found some interesting hobby-related ones.
    0:05:56 We just did the coin collecting episode, or if not, maybe it’s about to air soon.
    0:05:59 So, the coin collecting subreddit has made this list.
    0:06:02 Fantasy football advice made this list.
    0:06:06 We had Hefger Lackon about his Australian fantasy football podcast.
    0:06:11 There was a growing subreddit on body language, if you happen to be a body language expert.
    0:06:15 And then the other one that stood out to me here was fine hair.
    0:06:17 Fine hair as a subreddit.
    0:06:19 Now, I have no hair, so maybe there’s a no hair subreddit.
    0:06:22 But we’ve got episodes on Delilah Orpey.
    0:06:25 She built a curly hair blog, curly hair online business.
    0:06:33 Katie Emery has katiegoesplatinum.com, a website and YouTube channel dedicated to going gray, gray hair.
    0:06:37 So, maybe there is room to build an online business around fine hair.
    0:06:42 And it appears to be growing in interest based on some of these subreddit stats.
    0:06:46 Now, the question comes up, what if there’s somebody already doing that?
    0:06:48 Or what if somebody else is already playing in that space?
    0:06:53 There are already coin collecting influencers or body language experts.
    0:06:56 And I get that that can be discouraging.
    0:06:58 But it might actually be a good sign.
    0:07:03 If somebody else has carved out a following and possibly is making some money in a niche you’re
    0:07:10 considering, that’s at least a signal that you might be able to do the same, especially if it’s in an area of increasing demand.
    0:07:15 Here’s Nick Huber from episode 373 on how he evaluates potential ideas.
    0:07:17 I’m passionate about building something.
    0:07:18 I’m passionate about entrepreneurship.
    0:07:21 And I’m passionate about taking steps forward every single day.
    0:07:24 And I want to do what I want to do in my free time, right away from work.
    0:07:28 And the goal here for me is have a five-year plan so that I don’t have to work a whole lot.
    0:07:32 And I can do what I’m passionate about and not be stressed out about earning money doing those things.
    0:07:32 All right.
    0:07:32 What else?
    0:07:34 So I look at a rising demand.
    0:07:36 Like I said, people are outsourcing more.
    0:07:38 The pie is getting bigger every single day.
    0:07:41 20 years ago, 5% of people paid someone to come mow their lawn.
    0:07:43 And today, 40% of people do.
    0:07:46 I’m guessing 10 years from now, that number will be well over 50%.
    0:07:53 So there’s more and more and more customers coming on the market every single day that are using these local services.
    0:07:55 And the big one is competition.
    0:07:56 We already touched on it a little bit.
    0:08:00 But if you’re looking at who you’re competing with and what kind of models they’re using,
    0:08:08 it’s pretty easy to choose a local service business based on how they do business than try to compete with the tech entrepreneurs,
    0:08:13 the online entrepreneurs who are not necessarily location-independent and really, really good at what they do.
    0:08:15 Where is the pie getting bigger?
    0:08:21 How does that intersect with something you’re already interested in or curious about or something you already have some expertise in?
    0:08:26 Again, that’s Nick Huber from Sweaty Startup in episode 373 on The Side Hustle Show.
    0:08:32 And he makes this point that writing a trend, finding a growing industry is one thing, but it’s not the only thing.
    0:08:35 Here’s how Noah Kagan explained it in episode 595.
    0:08:41 There’s all these different trends.co and meetglimpse.com and a few other ways to get business trends.
    0:08:46 I think the best trends to find are just reverse looking at the things that you’re spending your time doing.
    0:08:49 I’m spending a lot of time lately looking at parenting stuff.
    0:08:50 I’m about to be a parent in the next few months.
    0:08:52 It’s like, okay, what are my frustrations around that?
    0:08:54 Or what are the things I’m asking or curious about?
    0:09:00 And then the other kind of thing besides shrimp breeding, which I’m not as into, it was just kind of an observation of research.
    0:09:03 And I do like shrimp, but I do like a lot of shrimp taco.
    0:09:06 For me, it’s just looking at my credit card bill.
    0:09:07 It’s a lot of where AppSumo came from.
    0:09:09 It’s just like, oh, I want this stuff.
    0:09:10 How do I get a deal on it?
    0:09:16 One of the ideas as well that we’re talking about doing ideas instead of shrimp breeding, I hate paying for HelloSign and DocuSign.
    0:09:19 And I just looked up DocuSign’s at $11 billion company.
    0:09:19 Wow.
    0:09:22 I think I could probably kick their butt creating an alternative to that.
    0:09:33 But again, coming to these trends, it’s trying to see where the trend is based on my own interests, looking at Google Trends to just see if it’s something that’s even starting to get bigger or if it’s growing or declining.
    0:09:36 And then considering, one, if you don’t even want to do any of the work, just go make content about it.
    0:09:46 So for Noah, he is looking for ideas that piggyback on his own areas of interest or curiosity, his own pain points or frustrations, and then marrying that to a broader role.
    0:09:54 And going back to Nick Huber, you may not even have to start the lawn mowing service to take advantage of the sweaty startup trend he’s talking about.
    0:10:05 We had Ryan Golgoski on the show, episode 550, I want to say, who built an incredible recurring revenue business doing web design, hosting, and maintenance for pressure washing companies.
    0:10:07 More people were starting these power washing businesses.
    0:10:09 That was the frontline trend.
    0:10:16 But that caused this domino effect, this subsequent trend of those businesses needing websites to improve their online presence and digital marketing.
    0:10:20 So Ryan swooped in to help out with a creative pricing model that was a win-win.
    0:10:24 So how do you know when you’ve hit upon the right idea?
    0:10:26 One clue is, it just won’t go away.
    0:10:30 Yeah, well, first I tried to make the idea go away because it just felt crazy.
    0:10:31 You know, I have two young kids.
    0:10:32 I’m running a photography business.
    0:10:34 I was the breadwinner for my family.
    0:10:38 It felt crazy to, you know, divide my attention and try to start a whole other business.
    0:10:42 So I really tried to ignore it for a while, but I got to where I couldn’t sleep.
    0:10:45 Like, the idea would not leave me alone.
    0:10:49 And so a couple months later, I just decided, you know what, I’m going to go for this.
    0:10:52 And that night, I found our software that we could use.
    0:10:57 I had a friend who gave me the name that day, who named it Statement.
    0:11:01 And then I stayed up all night building a website on Squarespace.
    0:11:04 And I just thought, you know what, this idea will not leave me alone.
    0:11:05 I have to do it.
    0:11:06 Like, I had no other choice.
    0:11:12 That’s Sarah McCaffrey from episode 640, describing the inspiration for her clothing consignment
    0:11:16 business statement consignment in Knoxville, I want to say.
    0:11:18 The idea wouldn’t leave her alone.
    0:11:21 If you get an idea like that, take fast action.
    0:11:24 Because as she said later in that episode, inspiration can be temporary.
    0:11:28 So that’s how I’m thinking of the piggyback principle in the idea phase.
    0:11:32 Looking for rising trends that you can tap into with some of the resources that we mentioned
    0:11:35 related to subreddit growth or Google trends or exploding topics.
    0:11:40 And looking at those trends either as a frontline participant or a support participant, a shovel
    0:11:45 seller into that particular gold rush, and then paying attention to what wants to happen.
    0:11:49 Swimming downstream, following the simplest and most direct path, recognizing that choosing
    0:11:54 what’s next doesn’t have to mean choosing what’s forever, but looking for what comes easy to
    0:11:57 you that other people ask you for help with or have a hard time with.
    0:12:01 We’re moving on to the startup or creation phase of the side hustle journey and how you can
    0:12:06 apply the piggyback principle there to streamline and accelerate your process right after this.
    0:12:08 Do you say data or data?
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    0:13:13 Lots of scrappy side hustlers start their business with just their personal phone number.
    0:13:13 I’ve been there.
    0:13:16 I remember checking customer voicemails between classes in college.
    0:13:20 But at a certain point, you can’t be limited to just your cell phone and notes app to get
    0:13:21 your work done.
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    0:13:28 What’s OpenPhone?
    0:13:32 It’s the number one business phone system to help you separate your personal life from
    0:13:33 your growing business.
    0:13:37 For the cost of just a few coffees, your team can have a dedicated phone number to manage
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    0:13:44 Think of it like having a shared inbox for your phone number.
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    0:13:52 Join the 50,000 businesses that trust OpenPhone to streamline their customer communications.
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    0:14:12 OpenPhone.com slash side hustle.
    0:14:17 And if you have existing numbers with another service, OpenPhone will port them over at no
    0:14:17 extra charge.
    0:14:23 I remember reading this book, That’ll Never Work is about the early days of Netflix and
    0:14:27 specifically the part that stood out to me was having to go out and raise $2 million to
    0:14:33 hire developers to build a shopping cart checkout system and payment processing system before
    0:14:34 they could even really open up for business.
    0:14:36 There was no Stripe.
    0:14:36 There was no Shopify.
    0:14:37 There was no Squarespace.
    0:14:38 No WordPress.
    0:14:44 It was really eye-opening how much easier it’s become over the last 25 years to be open for
    0:14:49 business online, sometimes in a matter of hours for a whole lot less than $2 million.
    0:14:55 We talked about the piggyback principle as it comes to ideas, looking to pair market trends with what
    0:15:00 wants to happen, what feels easy, those businesses where you can swim downstream instead of fighting
    0:15:01 against the current.
    0:15:06 In this section, I want to highlight what happens next, the creation or startup phase of your
    0:15:07 side hustle.
    0:15:12 An easy example for me to point to is simply the huge library of WordPress themes out there,
    0:15:13 many of them completely free.
    0:15:18 One of my most successful side hustles was my virtual assistant directory and review site,
    0:15:22 which would kind of have been an intimidating project to start from scratch.
    0:15:29 So instead, what I did was copy the exact WordPress theme from a review site that I found in another
    0:15:29 niche.
    0:15:31 It’s a free WordPress theme.
    0:15:36 Anybody could have done that and then pivoted the content to be about virtual assistants instead
    0:15:39 of about wine clubs was the one that I took inspiration from.
    0:15:44 That way, the only thing I had to worry about was the content, which was still a lot of work to
    0:15:49 create, but it was a lot easier than worrying about the content and building out a website
    0:15:50 template from scratch.
    0:15:52 Same thing with the star ratings on the site.
    0:15:54 How do I get those to show up on the posts?
    0:15:55 I didn’t know.
    0:15:56 I’d never done it before.
    0:16:02 Turns out there’s lots of free or low cost review plugins for WordPress that would accomplish
    0:16:02 that.
    0:16:03 Didn’t have to start from scratch.
    0:16:04 You don’t either.
    0:16:10 A few weeks ago, Cody Berman gave the example of using Canva templates to accelerate digital
    0:16:14 product creation, many of which are free or even the paid version of Canva is super affordable,
    0:16:18 way more affordable than hiring a graphic designer to build all this out for you from scratch.
    0:16:24 He even talked about repeating a template for the Etsy product listings themselves so he’s
    0:16:28 not staring at a blank screen every time it comes to upload a product.
    0:16:31 So I’ll start with templates because we did talk about product templates.
    0:16:33 Like you just take the base template.
    0:16:35 Let’s use a thank you card, for example.
    0:16:38 And then you can go create a million different variations of thank you card.
    0:16:39 We mentioned that before.
    0:16:43 What I didn’t mention, though, is that you can actually have the entire Etsy listing as a
    0:16:44 quote unquote template.
    0:16:51 So if I’m going to create, let’s say I already have a Father’s Day card in my Etsy shop and
    0:16:55 I want to create a Mother’s Day card, I can literally duplicate the listing and then I just
    0:16:56 go back into Canva.
    0:16:58 I just like change the listing images.
    0:16:59 I change the actual product itself.
    0:17:01 I change some of the tags.
    0:17:06 I slightly altered the description, but I can actually use a lot of the same features from
    0:17:07 that initial listing.
    0:17:12 So for me now, if I were to actually do that using this real example, like if I were to have
    0:17:15 a Father’s Day card that I want to make into a Mother’s Day card, it would probably take
    0:17:17 me like 15 to 20 minutes total.
    0:17:20 I might on the actual design change the colors from blue to pink.
    0:17:24 And I’m obviously going to change the word father to mother and some other changes like
    0:17:27 the tags where you can use 13 tags per Etsy listing.
    0:17:30 I would change some of those to be specific to the holiday.
    0:17:36 But using the entirety of your Etsy listing as a template is something not many people do.
    0:17:38 Like even the listing images you were just asking about, Nick.
    0:17:42 Yeah, I have eight listing images that I’m using for all my products and it’s just
    0:17:43 drag and drop.
    0:17:45 Like I’m using Canva templates using like the frames feature.
    0:17:50 And so when I create the new product, I’m just like dragging and dropping back into those
    0:17:50 same templates.
    0:17:54 So I’m not having to recreate the wheel every single time with my listing images.
    0:17:57 I’ll do the same thing when it comes to a new article for the website.
    0:18:00 You can look at the best ranking topics on that topic.
    0:18:05 Look at what those already include and then fill in the blanks with your own take on that
    0:18:05 subject.
    0:18:10 And even if you have no idea what Cody’s talking about with, you know, Etsy, Canva and
    0:18:15 template, the important thing is you probably don’t have to start from scratch with any project.
    0:18:18 And to me, that’s really empowering and motivating.
    0:18:22 Remember looking at the blank screen of a new book project, for example, like, how am I ever
    0:18:23 going to do this?
    0:18:27 It’s like, oh, I already have kind of an outline and I already have some content related
    0:18:31 to, you know, a few of those outline topics.
    0:18:34 And if I can paste that in, I’m going to have to massage it later.
    0:18:34 I know that.
    0:18:37 But all of a sudden I can take my word count from zero to 7,000.
    0:18:40 I feel really, really motivated by that.
    0:18:44 It feels like you’re making quite a bit of progress right out of the gate, taking advantage
    0:18:49 of what’s already been built to stand on the shoulders to speak of those who’ve gone before
    0:18:52 you and to minimize the reinventing of any wheels.
    0:18:56 Now, you still got to do the work, but the common thread is to use what’s already out
    0:19:00 there and then personalize it, customize it to your needs and your niche.
    0:19:04 If you’re not sure what you need, you might even enlist AI to help.
    0:19:10 It can save you a lot of headache down the road if you kind of prompt an AI for the big
    0:19:11 picture first.
    0:19:13 Number one, have an idea in some way.
    0:19:20 I think the second big step is asking AI, ChatTPT, Claude, Google, doesn’t matter, asking
    0:19:21 for the big picture.
    0:19:25 Say, I want to create a WordPress plugin that does this and does this and does this.
    0:19:30 What are the big steps to implementation and what tools should I use?
    0:19:34 And AI is going to give you a lot of things you can kind of choose from and be like, oh,
    0:19:35 Firebase.
    0:19:36 That’s free.
    0:19:37 It’s made by Google.
    0:19:37 Okay.
    0:19:41 I can use Firebase for my backend, my database.
    0:19:47 I’m not a backend developer at all, but I know I need to store information somewhere in a spreadsheet
    0:19:48 or database or something.
    0:19:53 So I use Firebase and I found it from AI that was like, oh, you could use Firebase for this
    0:19:54 because it’s free.
    0:19:56 It has a database.
    0:20:01 It has authentication where people can log in to your app and creates a cookie and this
    0:20:02 sort of stuff.
    0:20:05 Again, I don’t even know how all of these things work, but start with the big picture.
    0:20:08 Start by kind of choosing some tools.
    0:20:12 Even if you don’t know what tools you need yet, no one does, right?
    0:20:13 Ask AI.
    0:20:14 Ask the big picture.
    0:20:18 We were talking in the context of using AI to help build software apps and tools.
    0:20:24 This was episode 659, just a recent one, but I think this exercise will be helpful in just
    0:20:29 about any project, help build out an outline and then start chipping away and filling in
    0:20:32 the gaps because it’ll probably come up with things that you didn’t even consider that might
    0:20:33 be important.
    0:20:40 Now, later on in that episode, episode 659, again, Pete talked about the abundance of off
    0:20:47 the shelf and often free tools that are available to aspiring developers, especially those that help
    0:20:52 with the behind the scenes technical parts of your project and how the coding tools now
    0:20:53 have AI built in.
    0:20:56 So you can just prompt it in plain English to start building your thing.
    0:21:01 And if you know your niche or the target customer you’re trying to serve, you can even take one
    0:21:04 step back and ask for product or content suggestions.
    0:21:09 You can actually ask ChatGPT to give you product suggestions based on your niche.
    0:21:14 So you can do a prompt, which could be, please give me, like I’m really polite to ChatGPT.
    0:21:19 So all of a sudden, like, please give me like 10 product ideas in the money-saving niche for
    0:21:22 printables or digital products or just whatever.
    0:21:23 And it will spit it out.
    0:21:26 It will give you like 10 different product ideas or you can even ask it for 20 ideas or
    0:21:28 just any amount you would want.
    0:21:30 And it gives you all these ideas.
    0:21:35 But then you can also take that data it gave you and actually go on and research for yourself
    0:21:39 to see if it’s trending on Google, if any of it is doing well on Etsy.
    0:21:41 Are people on Etsy getting sales with this topic?
    0:21:42 Yeah.
    0:21:45 Have they come up with any good ones that you hadn’t considered before?
    0:21:49 I really, really like the checklist idea that you were saying about the routine checklist.
    0:21:51 Like, I think that would be better than a planner.
    0:21:52 So I want to do that.
    0:21:54 But you helped me come up with that idea.
    0:21:54 So I don’t know.
    0:21:59 Yeah, so I typed in, this is probably not the best prompt in the world.
    0:22:04 Please give me some digital product ideas for printables in the side hustle niche.
    0:22:10 And it came back with business planner, budget tracker, social media content calendar, productivity
    0:22:15 worksheets, Etsy shop optimization checklist, which could easily be repurposed to a website
    0:22:17 optimization checklist.
    0:22:21 Actually, I have a whole book on like the small business website checklist from like 2013 or
    0:22:22 something.
    0:22:24 Business card templates, market research worksheets.
    0:22:26 I think that’s a really interesting one.
    0:22:29 Like if you’re evaluating a different niche, like, okay, here’s how you ought to go about
    0:22:31 thinking about that.
    0:22:34 I think that’s really creative inventory management sheets.
    0:22:39 If you’ve got a physical product expense deduction worksheets, like if you’re in the finance
    0:22:41 accounting space, that’s really interesting one.
    0:22:43 Client management templates.
    0:22:48 If you’re in a service-based business logo and branding templates, content creation templates,
    0:22:50 that’s an interesting one.
    0:22:53 Like, oh, we’re creating product reviews as part of our side hustle.
    0:22:55 Like, you know, here’s kind of like a fill in the blank.
    0:23:00 Template that is proven based on some level of SEO metrics or something.
    0:23:01 That’s interesting.
    0:23:04 Self-care and work-life balance planners.
    0:23:06 The product launch checklist.
    0:23:08 I think I have a book launch checklist.
    0:23:09 Like, that’s an interesting one.
    0:23:11 I think I just have as a freebie right now.
    0:23:14 But that could be a paid product in certain spaces.
    0:23:18 Customer feedback, surveys, printable coupons and promotions.
    0:23:19 Affiliate marketing planner.
    0:23:23 If you’re going out to recruit affiliates to sell your product, here’s how you’re going
    0:23:25 to plan out your affiliate campaigns.
    0:23:28 And the skill development tracker.
    0:23:29 Man, chat GPT.
    0:23:33 I think these are pretty solid suggestions that it came up with just for that.
    0:23:38 So, you might try that prompt or a variation of it to see what comes back in your space.
    0:23:40 Yeah, it just gives you so many really good product ideas.
    0:23:42 Like, I like the launch checklist the best.
    0:23:45 Like, that launch one, you know, that show people how they could launch a product.
    0:23:47 Like, that’s a really solid idea right there.
    0:23:50 That’s Becky Beach from episode 582.
    0:23:55 And she went on to share how you can keep working with AI and existing product templates to build
    0:24:00 something that’s both unique to you, it’s got your personal insights, and faster than starting
    0:24:01 with that blank slate.
    0:24:05 So, we talked about the piggyback principle when it comes to taking advantage of existing tools
    0:24:08 and templates and leaning on technology to help accelerate things.
    0:24:13 But there’s another area in the creation and startup phase that’s ripe for piggybacking.
    0:24:15 And that’s what I call expertise piggybacking.
    0:24:18 This could come in the form of hiring help.
    0:24:22 It could take the form of investing in a course or coaching.
    0:24:28 And I might even lump in process automation into this category as well in the name of systemizing
    0:24:31 and streamlining an ongoing thing in your business.
    0:24:33 But first up, I want to talk about expertise piggybacking.
    0:24:37 And the reality is you can’t expect to know how to do everything that you need to know how
    0:24:38 to do in your business.
    0:24:44 Or if you do, it’s a recipe for frustration or really slow progress.
    0:24:46 You’re trying to figure it all out on your own.
    0:24:47 I’ll give the example.
    0:24:51 Last year, I was testing out a new plugin on SideHustleNation.
    0:24:54 The early results seemed positive.
    0:24:57 I was getting more clicks, better engagement, higher affiliate earnings.
    0:25:03 The only problem was it broke my old affiliate tracking system and Google Analytics that I’ve
    0:25:08 been using for years, and I relied on that for performance reporting to go back and forth.
    0:25:12 And this was going on for months with the plugin support team, just trying to get this thing
    0:25:13 sorted out.
    0:25:14 Hey, why did it break my analytics?
    0:25:16 Oh, give us the access.
    0:25:17 Give us the login.
    0:25:18 We’ll troubleshoot it.
    0:25:24 I would open up the source code of the website like some kind of Sherlock Holmes HTML detective
    0:25:27 with no idea what I was looking for.
    0:25:30 I was deep inside analytics.
    0:25:31 Had no business doing that.
    0:25:32 The thing was still broken.
    0:25:37 I was frustrated, and then it kind of hit me who, not how.
    0:25:41 Somebody, somewhere, even if it’s not the creator of the plugin, somebody knows how to
    0:25:42 solve this problem.
    0:25:47 In that case, it was a freelancer on Upwork, a Google Analytics Pro who I had actually worked
    0:25:48 with before from Upwork.
    0:25:50 20 minutes, 100 bucks.
    0:25:52 He solves the problem off to the races.
    0:25:54 Why did I wait months to send him a message?
    0:25:57 I don’t know, but that was on me.
    0:26:04 I still think the skill of figuring things out is a super important one for entrepreneurs.
    0:26:05 Everything is figureoutable.
    0:26:08 That’s kind of your job is to figure out the next step, the next thing.
    0:26:13 But sometimes the fastest way to figure is to just get some trusted guidance.
    0:26:16 One way to do that is to hire some expert help.
    0:26:21 Another way to get that trusted guidance and to shortcut your launch learning curve is to
    0:26:23 get some coaching from people who’ve been there and done that.
    0:26:28 Now, it’s not for everyone because it increases your startup costs, but a little bit of education
    0:26:30 and mentorship can go a long way.
    0:26:33 And this works for high-tech businesses or low-tech ones.
    0:26:38 Like, one of the lowest tech ones, I can recall, is Brian Winch’s parking lot cleanup business.
    0:26:42 And he sells a little guide for other people to start something similar in their area.
    0:26:48 I actually connected with a student of Brian’s who said that extra bit of insight and guidance
    0:26:50 made a big difference in his confidence.
    0:26:54 I actually started looking at the article and it was basically saying,
    0:26:59 hey, you can make money picking up litter on commercial properties.
    0:27:04 So at that time, I was like, hey, this is something that I felt comfortable with that I could do.
    0:27:11 I wound up seeing, his name was Brian, and I wound up reaching out to Brian from Clean Lots.
    0:27:15 And I was like, hey, Brian, hey, by any chance, do you think that service will work in my area?
    0:27:19 And he got back to me, he says, anywhere where it’s parking lot.
    0:27:20 And I was like, wow, okay.
    0:27:27 Yeah, so you’re thinking, hey, this is a low startup costs, no specialized skills required.
    0:27:28 Is it going to work in my area?
    0:27:30 Well, yeah, I got parking lots around me.
    0:27:36 This is Brian Winch, you mentioned, from Clean Lots in episode 266 of the Side Hustle Show.
    0:27:38 So he kind of gives you the green light.
    0:27:41 It’s like, I don’t see why it wouldn’t work.
    0:27:42 Right, right.
    0:27:47 He had a book that he had on his site that he was like selling.
    0:27:50 And then I brought the book and I read it in like in two days.
    0:27:56 And then at the end of the book, after I finished reading it, it had a phone number there.
    0:27:59 And it was like, whoa, it said, if you have any questions, please call me.
    0:28:00 Brian did.
    0:28:03 And I was like, actually, I picked up the phone.
    0:28:04 I gave him a call.
    0:28:08 And I was like, you know, I started asking him questions.
    0:28:10 And Brian was, you know, he was such a nice guy.
    0:28:13 You know, he was straightforward to me.
    0:28:17 He was telling me how basically he says, you want to make sure you get started right away
    0:28:19 and don’t waste any time.
    0:28:21 And I was like, wow.
    0:28:25 With that little talk I had with him, I felt like so much confidence.
    0:28:28 I felt like, oh, it’s something I could do, you know, in my area.
    0:28:34 That’s Vladimir Hernandez from episode 522, who, when we spoke, was doing six figures on the
    0:28:37 side from his New York area parking lot sweeping business.
    0:28:40 So it was an investment in coaching that paid off.
    0:28:45 And we’ve heard from other side hustle show guests like Anthony in episode 662, who joined
    0:28:47 Mike Hoffman’s vendingpreneur community.
    0:28:52 Skyler in episode 645 mentioned Johnny Robinson’s Home Services Academy.
    0:28:58 Going way back, Brian Schooley mentioned Mark Wills’ loan signing system to learn the mobile
    0:28:59 notary business.
    0:29:01 And I want to make one thing clear, though.
    0:29:06 Investing in a side hustle, quote unquote, program or course, definitely not a requirement.
    0:29:12 But like Vladimir described, it can be a confidence booster to be following a known playbook versus
    0:29:17 trying to figure it out all on your own, which is definitely in alignment with the piggyback
    0:29:18 principle.
    0:29:25 I go back to the book Smart Cuts by Shane Snow, I think, and he outlines outlier cases.
    0:29:30 He kind of calls them people who achieved uncommon success at an early age or earlier than normal.
    0:29:32 And one of the common factors was mentorship.
    0:29:37 In other words, they definitely worked for it, but they had help.
    0:29:38 They piggybacked.
    0:29:43 So to use the piggyback principle in the startup and creation phase, you most likely don’t have
    0:29:45 to start completely from scratch.
    0:29:49 Take advantage of prebuilt templates from website themes and off the shelf software.
    0:29:53 Ask AI for the big picture outline of what you’re going to need and start filling in those
    0:29:54 gaps.
    0:29:59 And don’t discount the advantage of piggybacking on other people’s expertise, either in the form
    0:30:00 of hired help or education.
    0:30:05 The piggyback principle continues in just a moment with the marketing and growth piece of
    0:30:06 your side hustle puzzle.
    0:30:11 Thankfully, there are several specific ways you can piggyback in this area, and I’ll break
    0:30:14 those down with real life examples right after this.
    0:30:19 When you’re starting anything new, there comes a point when the initial excitement wears off
    0:30:21 and the decision fatigue might start to set in.
    0:30:26 That’s why it’s so important to find the right tools and support that not only help you out,
    0:30:28 but also simplify things down the road.
    0:30:33 For millions of businesses, including dozens of side hustle show guests, one of those tools is our
    0:30:34 partner Shopify.
    0:30:40 With dozens of ready-to-use templates, Shopify helps you build a beautiful online store and start
    0:30:41 selling.
    0:30:46 Plus, their built-in AI tools help you write product descriptions, page headlines, and even
    0:30:49 enhance your product photography so you can make the most of your limited hours.
    0:30:52 But it’s a lot more than just pretty pictures and great design.
    0:30:58 Shopify brings in world-class expertise in managing inventory, shipping, processing returns,
    0:30:59 and more.
    0:31:01 If you’re ready to sell, you’re ready for Shopify.
    0:31:06 Turn your big business idea into with Shopify on your side.
    0:31:12 Sign up for your $1 per month trial and start selling today at shopify.com slash side hustle.
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    0:31:44 I would use Indeed.
    0:31:46 Indeed was really, really helpful at first.
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    0:32:33 So far in this episode, we’ve explored how to use the piggyback principle to make your
    0:32:38 life easier in the idea generation and startup creation phase of your business.
    0:32:42 Now we get to talk about the fun part, how to actually get customers and make some money.
    0:32:47 When I was outlining this episode, the first thing that came to mind for the piggyback principle
    0:32:51 in marketing was to tap into pre-existing marketplaces.
    0:32:54 I wrote a whole book about this with hundreds of examples in 2016.
    0:33:00 It was called Buy Buttons, which as a meta example, taps into the Amazon marketplace as
    0:33:01 a way of finding customers.
    0:33:03 Hey, where do people buy books?
    0:33:03 They buy them on Amazon.
    0:33:06 I might as well put it up for sale there.
    0:33:08 That’s the thesis of Buy Buttons.
    0:33:13 Put your product or service up for sale where people are already searching for what you have
    0:33:13 to sell.
    0:33:18 Not particularly earth shattering advice and maybe not a strategy you want to rely on forever
    0:33:20 because all those platforms have fees.
    0:33:25 But when you’re trying to get some visibility and awareness, it makes sense to get in front
    0:33:27 of customers where they might already be looking.
    0:33:31 I see a lot of entrepreneurs intentionally or unintentionally avoiding these marketplaces
    0:33:34 and trying to attract customers all on their own.
    0:33:36 Say, for example, you wanted to start a takeout delivery service.
    0:33:42 You would need to find a reliable way for customers to order and partner with hundreds of different
    0:33:44 restaurants so people could order what they want.
    0:33:49 Or you could sign up for DoorDash because they’ve already solved those problems and have
    0:33:52 a critical mass of buyers already using the app.
    0:33:57 And maybe that’s a simplified example, but there’s a niche marketplace for just about everything
    0:33:58 these days.
    0:34:04 I bought this podcast mic off a secondhand marketplace that specializes just in audio equipment.
    0:34:05 Reverb, I want to say.
    0:34:06 I’m not sure if they’re still around.
    0:34:09 Another example came from Summer Fisher in episode 652.
    0:34:13 Summer had a unique rental business in that she was renting out dresses.
    0:34:16 But she actually didn’t invent that idea.
    0:34:21 Instead, she tapped into a couple marketplaces that already existed and already had customers.
    0:34:24 And I just thought they were going to rent them on, I don’t know, Facebook Marketplace
    0:34:26 or Depop or something like that.
    0:34:32 And I looked into it and I realized there’s this whole industry around dress rentals.
    0:34:33 I put up two dresses.
    0:34:40 One day I was just sitting in my car at my daughter’s cheer practice and one of them rented and I got
    0:34:43 a notification that it had rented and I was like, oh my God, I just rented a dress.
    0:34:45 But now what do I do?
    0:34:48 I didn’t really understand it and I just kind of went all in.
    0:34:53 So I kind of worked it out as I went along and then I ended up putting all the dresses up
    0:34:57 then that I had been flipping and it kind of grew from there.
    0:35:00 And then I started buying dresses specifically to rent.
    0:35:04 There’s online sites where you can rent dresses basically.
    0:35:06 So they’re different in every country.
    0:35:09 So for us in Australia, there’s a site called The Vault.
    0:35:13 A big one in the US and the UK is By Rotation.
    0:35:17 So there’s several of these type of websites and they’re kind of peer-to-peer lending.
    0:35:23 So basically you can put up your own wardrobe or like I do, run it as a business and rent to
    0:35:23 other people.
    0:35:27 And that’s Summer Fisher in episode 652.
    0:35:29 Bet you never thought of dresses as an asset class.
    0:35:30 I know I definitely didn’t.
    0:35:32 But she built a great business renting them out.
    0:35:37 And importantly, she wasn’t trying to create demand from scratch or build an audience.
    0:35:42 There was already demand and already an audience and a place to get in front of them in the form
    0:35:45 of those niche rental marketplaces.
    0:35:50 We talked about Amazon and Etsy and Rover and TaskRabbit and Udemy and Teachers Pay Teachers
    0:35:55 and Fiverr and Upwork and even sites like Cloud of Goods for mobility scooter rentals.
    0:36:01 Generally speaking, the more niche the marketplace, the better when you’re starting out or the more
    0:36:03 niche your service needs to be to stand out.
    0:36:08 Because obviously platforms like Amazon and Etsy and Fiverr are more crowded than they were
    0:36:09 a decade ago.
    0:36:14 But it’s important to remember that the buyer population is a lot larger than it was too.
    0:36:19 And if you can create a listing that is exactly what somebody is looking for, they’re likely
    0:36:19 to give you a shot.
    0:36:21 So that’s marketplaces.
    0:36:24 That’s the buy buttons component of the piggyback principle.
    0:36:28 Make it easy for somebody to click your buy button by putting it on one of these pre-existing
    0:36:30 marketplaces.
    0:36:32 But we’re just getting started with the marketing stuff.
    0:36:38 One of my all-time favorite piggyback principle strategies is intentionally going after strategic
    0:36:39 referral partnerships.
    0:36:45 This is how you can piggyback on someone else’s audience who serves a complimentary, but not
    0:36:47 necessarily competitive niche.
    0:36:53 And this can work in a lot of different ways from the handshake referral agreement to traditional
    0:36:58 affiliate marketing where you pay a predefined commission or percentage for sending new customers
    0:36:58 your way.
    0:37:03 The question to ask is, who are your target customers already doing business with?
    0:37:09 And this tactic dates back to some of the earliest episodes of the show with Ryan Cote describing
    0:37:13 getting referral business for his SEO agency from a local web designer.
    0:37:15 Hey, this website is built.
    0:37:16 It’s only natural.
    0:37:18 You’re going to need help with the marketing stuff, right?
    0:37:20 So here’s my friend Ryan.
    0:37:21 He can help you with that.
    0:37:27 And Daniel DiPiazza, he described, this is like episode 35, like really low, really long
    0:37:27 time ago episodes.
    0:37:32 He described getting clients for his tutoring operation by targeting, I want to say high school
    0:37:33 guidance counselors.
    0:37:35 Now, this is 12 years ago.
    0:37:37 Forgive me if my memory doesn’t serve.
    0:37:40 But who are your target customers already doing business with?
    0:37:42 Or who are they already paying attention to?
    0:37:47 In episode 480, Johnny Robinson described it this way for his window washing service.
    0:37:48 It can work online, it can work offline.
    0:37:54 I was sitting in my car and I see a van pass by me and it’s a Hardee’s Windows.
    0:37:56 It’s a window contractor, a big window contractor here in Orange County.
    0:38:00 And I was like, huh, I wonder if after they install windows, they need someone to clean them.
    0:38:01 I’ll just call.
    0:38:01 And so I call them.
    0:38:05 I’m like, hey, do you guys need window cleaning for the stuff you guys install?
    0:38:07 And they’re like, no, we do that in-house.
    0:38:08 And I was like, oh, damn.
    0:38:13 So I thought I was like some mastermind sitting in my car that I was about to get so much work.
    0:38:13 And then that happened.
    0:38:17 And I was like, okay, who else could refer me to residential houses?
    0:38:20 And so I’m like, oh, probably maid services.
    0:38:24 I know maid services don’t carry the right equipment to clean residential windows, especially
    0:38:26 two stories up on the exterior.
    0:38:27 So let me call the maid services.
    0:38:30 So I called the first three on Yelp, the top three.
    0:38:33 And they’re like, yeah, I’ll pass you some window cleaning work.
    0:38:34 Just give me a little kickback.
    0:38:35 So it’s like, all right, perfect.
    0:38:41 The first two I called of the three, we structured a deal where they would refer us and we’d give
    0:38:42 them 15% of the job.
    0:38:45 So that’s how we started to get our first residential work coming in.
    0:38:46 That’s the key.
    0:38:51 Not just finding one-off leads, but potential lead fountains that can become a steady source
    0:38:52 of new business.
    0:38:55 And it’s one of the most effective marketing strategies ever.
    0:38:56 One of my all-time faves.
    0:39:00 And that’s why it’s come up so many times over the past 10 plus years.
    0:39:04 Who are your target customers already doing business with or paying attention to?
    0:39:06 And let’s say your business is purely online.
    0:39:12 We did an episode on this fast track strategy to grow in your email list and your sales with
    0:39:15 Dustin Lean in episode 464.
    0:39:17 We called it the partner workshop strategy.
    0:39:19 And here’s how he described it.
    0:39:23 So you kind of find yourself in this situation where you have an expertise and you can actually
    0:39:27 help a lot of brands, but they don’t know you exist.
    0:39:34 And so when going through that process of how do I grow, how do I find places to market that
    0:39:38 will actually get me real clients that isn’t going to be a waste of time, this strategy of
    0:39:44 just getting in front of someone else’s established audience that already has an audience full of people who are
    0:39:50 potential clients for you and they have trust built with that other brand you’re partnering with.
    0:39:57 So you can kind of borrow that trust and get it placed on you when they bring you in to teach a workshop to other people.
    0:40:01 And it really helps establish trust with you a lot faster between you and their customers.
    0:40:09 How this strategy works was established brands or creators bringing you in to teach an educational workshop.
    0:40:11 Let’s say they’ve got 10,000 people on their email list.
    0:40:16 They serve the same audience you want to reach, but in a different way, a complimentary way.
    0:40:19 They invite those 10,000 people to your workshop.
    0:40:22 And let’s say you get 200 people to sign up.
    0:40:26 I don’t know what a typical conversion rate might be, but you just grew your list by 200 people in one day.
    0:40:33 And you’ve jumped the line in their minds as the go-to person for whatever problem it is that you solve.
    0:40:41 Dustin’s partner workshop strategy is super powerful and one I think that can be replicated in a ton of different niches and industries.
    0:40:45 Again, highly recommend checking out that full episode to learn how we did it.
    0:40:47 Episode 464.
    0:40:55 Another unique way to apply the piggyback principle to your marketing is to find influencers in your space and get them to talk about your product.
    0:41:00 One of my favorite examples comes from Lou Rice in her simple Strapsicle device.
    0:41:04 This is a little silicone strap that lets you read your Kindle with one hand.
    0:41:11 And this is how she described the influencer piggyback strategy that led to tens of thousands of dollars in sales.
    0:41:15 But then I very quickly discovered BookTok on TikTok.
    0:41:18 And that really changed the game for us as well.
    0:41:19 Tell me about BookTok.
    0:41:21 Yeah, I don’t know if you know BookTok.
    0:41:31 I mean, BookTok is a huge subculture on TikTok of people who absolutely love, they have their book accounts, love their books, and then they love Kindles as well.
    0:41:34 So I learned to have an affiliate strategy.
    0:41:36 Go and find some micro-influencers.
    0:41:38 Give them a free code.
    0:41:39 That’s what I did.
    0:41:41 I spent hours.
    0:41:45 I researched all of these kind of, I wouldn’t even call them influencers.
    0:41:48 They were just people that had 2,000 or 3,000 followers, maybe a bit more.
    0:41:54 I reached out to them, told them a bit about our story, and offered them a sample to try.
    0:41:58 And I knew they loved Kindles because I’d searched all the Kindle hashtags to find them.
    0:41:58 Okay.
    0:42:01 So I sent the product out.
    0:42:02 Absolutely loved it.
    0:42:05 And the bonus of that is I gave them a code to share with their followers.
    0:42:10 So then they were actively promoting for me sometimes daily, weekly.
    0:42:15 And then I was also gathering all this UGC content that I could then use for my own marketing.
    0:42:22 So that actually, in the first three months of business, really helped grow the word about Stripe School.
    0:42:23 Wow.
    0:42:25 Were you like native to the TikTok platform?
    0:42:27 Like it’s still a black box mystery to me.
    0:42:29 Oh, is it?
    0:42:30 Oh, yeah.
    0:42:32 But you’re like, oh, shoot, I’m going to reach out to these micro-influencers.
    0:42:33 I’m going to send them my stuff.
    0:42:35 I’m going to get them an affiliate code.
    0:42:39 It sounds like super premeditated, super intentional, like super strategic.
    0:42:40 It wasn’t at all.
    0:42:45 But I would say, Nick, you need to get on the TikTok.
    0:42:46 Apparently so.
    0:42:46 But it is.
    0:42:47 Yeah.
    0:42:51 I mean, the organic growth opportunities from TikTok are still so strong.
    0:42:54 And I think, look, I was just on this.
    0:42:55 I was still on that leave.
    0:42:56 I had this time.
    0:42:57 Archie was in daycare.
    0:42:59 And I was like, I’m just going to run at this.
    0:43:01 I’ve got two more months before I go back to work.
    0:43:06 So doing this and then seeing the traction, this strategy brought, this tactic brought,
    0:43:08 I was like, keep going, keep going.
    0:43:13 I don’t know if you’ve heard the quote from, I think it was at Paul Graham, early on, do
    0:43:14 the things that don’t scale.
    0:43:16 And for me, that really stuck.
    0:43:20 It’s like, spend the time, just reach out to people.
    0:43:23 People with relatively small followings love to hear from you.
    0:43:25 They probably haven’t had many brands reach out.
    0:43:26 Yeah.
    0:43:29 Especially in like the book category, it’s something, it would stand out.
    0:43:31 He’s like, well, maybe you probably get lots of offers.
    0:43:36 Well, read my next book from authors or something, but like, oh, a physical product that’s going
    0:43:40 to make my reading more ergonomic or something like, okay, that definitely stands out from
    0:43:41 the clutter there.
    0:43:47 Again, that’s Lou Rice from episode 589, describing a micro-influencer strategy that’s been echoed
    0:43:52 by other guests as well, including Mike Ettenberg and his sunglasses for first responders business.
    0:43:57 He talked about sending out over a thousand pairs of sunglasses to first responder creators,
    0:44:01 the people who were already speaking to the audience he was trying to serve.
    0:44:06 The last piggyback principle strategy I want to share on the marketing side of things is related
    0:44:08 to capturing search traffic.
    0:44:13 And while SEO has been a complicated and challenging game of late, to say the least, it’s still quite
    0:44:14 a bit simpler on YouTube.
    0:44:18 I think that’s a big opportunity for side hustlers to create content that answers a specific question
    0:44:21 that your target customer might type in.
    0:44:25 If you’ve got the answer, you build up a lot of trust really fast in the eye of that viewer.
    0:44:26 It doesn’t take a lot of views.
    0:44:29 You don’t have to go viral to make a big dent in your business.
    0:44:34 Here’s how Christy DeSilva from DeSilva Life described this strategy in episode 627.
    0:44:42 We decided to launch a YouTube channel and that was a huge turning point for DL because YouTube
    0:44:47 is obviously long form video content and people are extremely problem aware.
    0:44:49 They’re like, how do I do this with ClickUp?
    0:44:50 How do I do this with HoneyBook?
    0:44:55 And so our first YouTube video that ever took off, that’s still one of our highest ranking,
    0:44:59 is five ClickUp dashboards that will change your business.
    0:45:04 It was cool to see like, because the first few videos were like, here’s how we can help you.
    0:45:08 What’s the difference between a CRM and a project management tool?
    0:45:13 Beginner’s Guide to HoneyBook and ClickUp, which those still do well as well.
    0:45:18 But then the more specific we started to get with it, like, okay, these five ClickUp dashboards
    0:45:24 that will change your business, even ones like specific ClickUp automations or how to create
    0:45:27 a content calendar in ClickUp or things like that.
    0:45:30 How to run your agency in HoneyBook.
    0:45:35 Those are things that perform really well because people are searching for that exact thing.
    0:45:36 Did you catch it?
    0:45:40 Christy’s actually using two piggyback principle strategies at once here.
    0:45:45 Yes, she’s targeting specific search phrases she knows she can answer, like how to create
    0:45:46 a content calendar in ClickUp.
    0:45:51 But she’s also piggybacking on the built-in user base of those software tools.
    0:45:56 It can be a really effective strategy to become the go-to expert on a specific software.
    0:46:02 And we’ve seen examples on the show of people doing that with FreshBooks, Shopify, Asana, Salesforce,
    0:46:08 Microsoft Excel, Infusionsoft, and Optimized Press back in the day, and yes, HoneyBook and
    0:46:09 ClickUp in Christy’s case.
    0:46:14 If that’s a path that makes sense for your business, episode 627 with Christy is worth a listen.
    0:46:20 Now, in my mind, it would be way harder to offer a generic project management optimization
    0:46:21 service.
    0:46:22 I don’t even know what that is.
    0:46:26 But if you’re the expert in ClickUp, and that’s what you do all day long, and you’re providing
    0:46:31 me helpful content for free, it makes it such an easier decision to hire you if that’s what
    0:46:32 I need help with.
    0:46:34 Piggyback, piggyback, piggyback.
    0:46:34 There’s no shame in it.
    0:46:36 It’s working smarter, not harder.
    0:46:39 And it can help you in every stage of your business.
    0:46:44 Whatever challenge you’re facing, how can I get a piggyback ride over this mountain?
    0:46:45 The toddlers have got it figured out.
    0:46:51 To recap, we covered how to apply the piggyback principle in three different phases of your
    0:46:51 business.
    0:46:57 The idea generation phase, the startup and creation phase, and then the marketing and growth phase.
    0:47:01 The questions to keep in mind are, what would it look like if it were easy?
    0:47:02 Remember Austin Church.
    0:47:05 Pay attention to what wants to happen.
    0:47:08 What trends are happening in the marketplace that I could take advantage of?
    0:47:12 Or at the very least, is the idea that I’m considering at least increasing in demand in
    0:47:13 the startup phase.
    0:47:17 It feels like you’re starting from scratch, but I can almost guarantee there is a template
    0:47:20 or playbook of some sort you can adapt to your own needs.
    0:47:24 You can get ChatGPT to give you the big picture outline of what it’s going to take to build.
    0:47:29 You might even be able to piggyback on the expertise of others in the form of freelance help, mentorship,
    0:47:32 education, coaching, stuff like that.
    0:47:36 And when it comes to growing your side hustle, ask who are your target customers already doing
    0:47:38 business with or paying attention to?
    0:47:43 How can you be of service to those business owners or creators in a win-win way?
    0:47:47 What are the pre-existing niche marketplaces you can put your product or service up for
    0:47:48 sale?
    0:47:52 And can you answer people’s questions with evergreen content to showcase your expertise?
    0:47:57 Armed with these strategies, you’re going to be an expert piggybacker in no time, and I’m
    0:47:58 excited for you.
    0:48:02 I know we referenced a lot of archive episodes in this one, and I’ll be sure to link all of
    0:48:08 those up in the show notes for this episode at SideHustleNation.com slash piggyback.
    0:48:12 While you’re there, you’ll be able to check out the full text summary of this episode.
    0:48:16 And if you’re so inclined, build yourself your own personalized Side Hustle Show playlist.
    0:48:19 Maybe e-commerce is your jam.
    0:48:21 Maybe you’re a reseller at heart.
    0:48:25 Maybe you’re destined to become a content creator or make money freelancing.
    0:48:30 No matter which path is for you, I’ve got a short little quiz at hustle.show to help
    0:48:32 you find out which direction to go.
    0:48:37 It’ll give you 8 to 10 of our all-time greatest hits episode to listen to next based on your
    0:48:38 answers.
    0:48:43 Again, that’s at hustle.show for that short quiz to build your own custom curated Side Hustle
    0:48:44 Show playlist.
    0:48:47 Big thanks to all our amazing guests that made this episode possible.
    0:48:51 Big thanks to our sponsors for helping make this content free for everyone.
    0:48:56 You can hit up SideHustleNation.com slash deals for all the latest offers from our sponsors
    0:48:57 in one place.
    0:48:59 Thank you for supporting the advertisers that support the show.
    0:49:01 That is it for me.
    0:49:03 Thank you so much for tuning in.
    0:49:06 If you find a value in the show, please help spread the word.
    0:49:10 Fire off that text to a friend who could benefit from a little piggyback ride up that entrepreneurial
    0:49:11 mountain.
    0:49:14 Until next time, let’s go out there and make something happen.
    0:49:17 And I’ll catch you in the next edition of the Side Hustle Show.

    The Piggyback Principle is a business idea framework that looks at popular market trends or “ecosystems” and seeks ways to support or supplement those trends.

    It’s a faster way to start a business because you can capitalize on what’s already hot with an additional or complementary product or service.

    Basically, your side hustle can ride piggyback on a larger business or trend. You could even say that my now-retired shoe-business was a piggyback business on the e-commerce trend and the comparison shopping trend.

    It’s a concept I first wrote about 10 years ago, but at that time, I took a pretty narrow view by just talking about marketplace trends.

    At that time, it was things like the rise of WordPress, or the popularity of the Paleo diet.

    Now, I’ve broken this principle into three stages:

    1. Idea generation
    2. Startup creation
    3. Marketing/growth

    And to make this practical, I’m bringing in real-world examples from fellow entrepreneurs who’ve used this approach to build real businesses.

    Here are the new and updated trends for the Piggyback Principle in 2025.

    Full Show Notes: The Piggyback Principle: The “Lazy” Way to Build a Successful Side Hustle

    New to the Show? Get your personalized money-making playlist here!

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  • 668: How I Built an $80k/year Side Hustle in an Obscure Niche

    AI transcript
    0:00:06 Today’s guest built an $80,000 a year side hustle around a fairly obscure hobby, and
    0:00:08 today is breaking down the steps he took to get there.
    0:00:12 This is the Side Hustle Show, where we’ve been helping people make extra money since
    0:00:13 2013.
    0:00:15 If that’s what you want to do, you’re in the right place.
    0:00:19 Today, you’ll learn how to build an audience from scratch and build enough trust to get
    0:00:21 strangers on the internet to pay you.
    0:00:28 From KinzerCoins.com and the Ancient Coin Hour on YouTube, Dean Kinzer, welcome to the
    0:00:29 Side Hustle Show.
    0:00:31 Thank you so much, Nick, for having me on.
    0:00:35 Huge fan of the show and hope to contribute and hope to teach somebody something today.
    0:00:42 Well, I love me a hobby-based business or turning a hobby into an income stream, and this is
    0:00:47 a really unique one around ancient coin collecting, like biblical era, Roman Republic type of stuff,
    0:00:49 where it’s like, I guess it makes sense.
    0:00:49 It’s metal.
    0:00:50 It doesn’t necessarily go away.
    0:00:53 These things still exist, and you can trade them, and you can sell them.
    0:00:56 And so where does this thing start, or how’d you get into it?
    0:01:02 Well, okay, so the reason I named it KinzerCoins is my dad was a coin collector and a collector
    0:01:03 of many things.
    0:01:07 He also was a coin dealer and a baseball card dealer on the side.
    0:01:11 So we used to, as kids, go to shows routinely with him.
    0:01:17 As I grew up, he started, me and him kind of, I grew up and moved on and stuff, but when
    0:01:22 his health started failing, I had to work through his estate, and I started working through his
    0:01:22 estate.
    0:01:29 And I got to these coins, like a tribute penny of Tiberius with Livion the reverse, and it
    0:01:32 just really didn’t make sense to me that I would just be selling this.
    0:01:34 This is 2,000 years old.
    0:01:35 It’s not like a wheat penny.
    0:01:37 This means something.
    0:01:41 So instantly, I’m like, how do you find out more about this?
    0:01:44 I knew a little bit, but not from when I was a kid.
    0:01:46 I was interested in Americans.
    0:01:51 So I ended up joining a Facebook group, one of the best medieval and ancient coins.
    0:01:53 It has about 10,000 members.
    0:01:54 And so I started connecting.
    0:01:59 And really, the journey began as soon as I started connecting to people on Facebook.
    0:02:02 And so I began to learn about the coins.
    0:02:08 Ancient coins are a very interesting subject because Americans largely don’t know about
    0:02:08 them.
    0:02:12 Europeans are active because it’s Europe.
    0:02:13 That’s where they come from.
    0:02:18 But Americans, it seems like once they cross the pond, it stopped being a part of their kind
    0:02:20 of lexicon or their understanding.
    0:02:25 And so my whole goal is to take these ancient coins and make them relevant to Americans.
    0:02:29 And that’s the idea behind the side hustle.
    0:02:31 So full-time, I do operational work.
    0:02:39 And part-time, I try to educate and sell ancient coins that are readily available and probably
    0:02:42 one of the most interesting hobbies that I’ve ever been a part of.
    0:02:43 Yeah.
    0:02:45 So you’re making money in a few different ways.
    0:02:47 You have coins for sale through the site.
    0:02:51 So I imagine you’re making a margin on those and whatever you’ve been able to source.
    0:02:53 We can talk about that.
    0:02:57 The YouTube channel has grown quite a following, 40,000 plus subscribers on YouTube.
    0:02:59 So I imagine you’re making money from that.
    0:03:04 Real quick, do you mind sharing the additional revenue streams or how this business works?
    0:03:06 I play in retail, so I sell coins.
    0:03:10 The reason that I have a podcast is because what I noticed, and a lot of your listeners
    0:03:15 might notice, is that when you have hobbies of this nature, the information that’s out
    0:03:18 there, particularly in digital form, is slow or none.
    0:03:25 So when I went to YouTube to look about ancient coins or went to just anywhere, there wasn’t
    0:03:29 a lot of information and it wasn’t in a way that I could understand it.
    0:03:35 And so I created the podcast for beginning collectors so that they can understand A, what ancient coins
    0:03:41 are about, B, who to buy them from and who to trust and C, not to get tricked because a lot
    0:03:42 of people get tricked by ancient coins.
    0:03:48 There isn’t a quick and dirty way to find out if something’s real or not, but over time
    0:03:51 and with some learning, we can definitely teach you.
    0:03:51 Yeah.
    0:03:52 So I do that.
    0:03:58 And then I do auction representation, which is another way of people getting involved in
    0:04:02 auctions that don’t necessarily want to lift the paddle or don’t feel strong enough about
    0:04:05 their interest that they know what a good deal is.
    0:04:09 And so they’ll come to me and ask me to auction for them or to buy something at auction for them.
    0:04:12 So those are really kind of the three services that I offer.
    0:04:16 Okay. So auction representation, meaning you will go out and try and source coins for other
    0:04:17 collectors.
    0:04:22 A lot of times collectors will have an idea of something, but they don’t know how it is
    0:04:25 in actual person, like what that coin is.
    0:04:26 Like I want an Alexander the Great of this.
    0:04:28 So I’ll do the research.
    0:04:29 I’ll hunt it down.
    0:04:30 I’ll give them options.
    0:04:36 And then I will represent them at the auction, either in person or online to help them get
    0:04:37 that at the best possible price.
    0:04:38 Okay.
    0:04:40 So yeah, that’s absolutely what I do.
    0:04:40 Yes.
    0:04:42 And you just charge a flat fee for that?
    0:04:43 You take a percentage of…
    0:04:43 Just a percentage.
    0:04:44 Yep.
    0:04:45 Small percentage.
    0:04:45 Okay.
    0:04:46 Yeah.
    0:04:48 5% or something small, whatever it is.
    0:04:49 How much do these things cost?
    0:04:50 Like what?
    0:04:54 I’m trying to think of like, well, 5% of 50 bucks or 5% of 5,000.
    0:04:54 Okay.
    0:04:58 So ancient coins are interesting because they come in all shapes and sizes.
    0:05:01 One of the great things about ancient coins is they can be very affordable.
    0:05:05 For example, if you’re interested, coins from the era of Constantine the Great, what they
    0:05:13 call late Roman bronzes, about 300, 400 AD, around the time of the legalization of Christianity
    0:05:15 through Constantine and all that kind of stuff.
    0:05:17 They made most of their coinage through bronze.
    0:05:18 Okay.
    0:05:25 And because there are, they made hundreds of thousands or millions of each one of these types.
    0:05:27 So there’s an abundance of bronze coins.
    0:05:33 So you can buy a coin of Constantine the Great for $20 and it’ll be in good condition and
    0:05:35 you’ll be very happy with your purchase.
    0:05:43 Or you can buy a coin that Brutus celebrated his killing of Julius Caesar in 42 BC that retailed
    0:05:46 for about two and a half million pounds or $4 million.
    0:05:48 So that’s really the stretch.
    0:05:50 You can get really cheap or you can get really expensive.
    0:05:56 You can buy the coinage of Alexander the Great cheaper than you can buy a lot of American coins.
    0:06:02 It’s just a really interesting kind of imbalance almost in terms of historical value.
    0:06:05 But there, I love them so much, I can’t stop talking about them.
    0:06:07 Yeah, it’s super interesting.
    0:06:12 And it sounds like approaching it from the perspective, I know a little bit about this.
    0:06:16 My dad was involved, but I’m not the world’s leading expert on this stuff.
    0:06:20 So it’s kind of this learning alongside the audience in a lot of ways.
    0:06:20 That’s right.
    0:06:25 So going back to this Medieval Coins Facebook group, what’s going on in there?
    0:06:28 Like, were you trying to build up a reputation?
    0:06:32 I’m trying to think of the person who might be in a similar boat who’s entering a different
    0:06:36 niche, but they’re kind of like, I know a little bit about it, but I’m not confident enough
    0:06:39 to stand up on the podium and say, hey, everybody, listen to me.
    0:06:44 Well, the great thing, okay, so this Facebook group, and I’m sure there’s all kinds of these
    0:06:45 for different hobbies.
    0:06:45 Yeah, yeah.
    0:06:51 The Facebook group that I found is like this eclectic group of lawyers, doctors, scholars,
    0:06:54 you name it, gas station attendants, whatever it is.
    0:06:59 And it’s this huge group of people that have expertise in all of these different areas.
    0:07:01 So you can reach out.
    0:07:06 And I got to tell you, ancient coins, they covered about half of the world over 2,000 years.
    0:07:08 So there’s a lot of different types.
    0:07:10 There’s a lot of different meanings.
    0:07:16 And so, fortunately, you have a place where you can find those types of people that know
    0:07:18 about it, because everybody kind of has their own specific niche.
    0:07:23 And so even within ancient coins, there’s people that only collect Roman provincial coins,
    0:07:28 only collect Greek, only collect a certain emperor, only collect all the emperors.
    0:07:28 Okay.
    0:07:30 So there’s a bunch of different ways to do it.
    0:07:34 It’s like the state quarters, except for emperors.
    0:07:34 Yeah.
    0:07:40 One thing that’s interesting is there’s already a little bit of an ecosystem built around this
    0:07:46 in the fact that you found a Facebook group that had 10,000 members versus coming in completely
    0:07:50 cold and trying to shout into the void of the internet, hey, I think this stuff is cool.
    0:07:51 Anybody want to follow me?
    0:07:52 Anybody want to pay attention?
    0:07:58 Does the podcast, YouTube channel happen in parallel to this initial Facebook group stuff?
    0:07:59 What’s going on there?
    0:08:03 So I went to the Facebook group for a couple months, and once I found out that there was
    0:08:08 no point of reference for me learning, other than just the historical aspects of it, that’s
    0:08:10 when I decided if there’s a void, I’m going to try to fill it.
    0:08:15 So actually, I partnered with somebody who’s been in numismatics much longer than me, Josh
    0:08:20 Benevento, who’s my guest host, also a Grammy-winning opera singer.
    0:08:21 So talk about unique.
    0:08:21 Okay.
    0:08:27 But the combination between us, he’s more of a technical expert, and I’m more of a talking
    0:08:28 head.
    0:08:32 But between the two of us, we’re able to get a lot of information out.
    0:08:38 And the other thing that we do on the podcast is we bring in authors, we bring in people that
    0:08:44 own auction companies, people that own dealerships, so that they can explain their perspective and
    0:08:47 the ways to deal with them in a way that’s helpful to a new buyer.
    0:08:51 Somebody who’s new in the industry, we’re trying to connect you to the people that maybe you
    0:08:56 wouldn’t find for a couple of years and get their perspective and some of the things that
    0:08:58 they think are beneficial for you to learn.
    0:09:01 So in a lot of cases, we’ve done some legwork for you.
    0:09:05 And that’s the point is to teach you about this thing so you can get involved.
    0:09:08 Describe the first few months of the podcast.
    0:09:10 Is it crickets?
    0:09:12 Is it an instant hit?
    0:09:16 Is there a moment where you’re like, hey, there’s there’s clearly an audience for this?
    0:09:18 You know, we’ve really tapped into a nerve here.
    0:09:23 Well, the first thing I noticed was that nobody would watch, even the people that I know in
    0:09:27 the business, so it took a little bit of time and you really have to figure out what purpose
    0:09:28 are you trying to serve?
    0:09:34 You know, if you’re trying to talk to an existing community of collectors, that’s going to be a
    0:09:36 totally different discussion point.
    0:09:42 So there’s another guy in the business who does a podcast that talks mostly about auctions and
    0:09:44 that’s what he cares about and that’s what he’s involved in.
    0:09:46 So those people will learn about auctions there.
    0:09:51 But to me, it’s hard to continue down that path when you don’t know enough about the business.
    0:09:55 So that’s why we focus on training or we’re teaching people.
    0:09:59 Are you primarily targeting people who somehow came across this hobby, but are just like seeking
    0:10:04 education or like, yeah, you’re trying to like sell people on, hey, you should have ancient
    0:10:06 coins as part of your investment portfolio.
    0:10:07 That’s right.
    0:10:07 That’s right.
    0:10:08 Who’s the audience?
    0:10:10 He said, well, you got to figure out what purpose do you serve?
    0:10:11 Yeah.
    0:10:15 So I’ll flip that around and say, what purpose does the podcast serve for you?
    0:10:20 So in terms of people that love history, there is an abundance of that, right?
    0:10:25 I mean, there are channels on YouTube that have millions of subscribers and a huge following.
    0:10:30 You know, one of the things that you can do with ancient coins is you can hold the history
    0:10:31 in your hand, right?
    0:10:33 Ancient coins don’t need to necessarily be in a slab.
    0:10:34 You can hold them.
    0:10:40 So to me, the natural connection is all of these history lovers who collect something that’s
    0:10:47 not related to it, Pokemon, Funko Pops, whatever that is, and try to translate it to connect
    0:10:51 their history love to something that they can physically and tangibly hold.
    0:10:52 And that’s the point.
    0:10:53 Got it.
    0:10:55 So there’s already point collectors in the world.
    0:10:56 There’s already history lovers in the world.
    0:11:02 Like, how can I get at the center of that Venn diagram and help them learn about it?
    0:11:02 Right.
    0:11:05 There’s tons of dealers that already kind of deal to collectors.
    0:11:07 I want to deal to the new collectors.
    0:11:09 I want to find new collectors.
    0:11:11 So you’re doing the show.
    0:11:12 You’re starting to engage in this group.
    0:11:16 At what point does the business make its first dollar?
    0:11:19 Like, do you have that, you know, first sale story?
    0:11:19 Yeah.
    0:11:21 So it was surprising.
    0:11:27 So really what, like most collectors, your collection turns into your inventory to sell.
    0:11:29 And that’s really kind of the thing.
    0:11:38 And so I actually opened up a store, and probably two weeks after, I sold Mithridides VI Tetradrachm.
    0:11:42 Mithridides VI is famous because he’s the poison king.
    0:11:43 There’s a book written about him.
    0:11:46 He ingested poison every day for his whole life.
    0:11:50 And then when he was tracked down by the Roman army, he tried to kill himself with poison,
    0:11:53 and he had built up such a tolerance that he couldn’t.
    0:11:55 Sounds like straight out of The Princess Bride.
    0:11:57 It’s such a great story.
    0:12:00 He fought three wars against the Romans, died with an Amazon woman next to him.
    0:12:02 Just a really neat, really neat story.
    0:12:08 But I sold his coin, and it was, when they’re really nice, they’re really nice, $12,000.
    0:12:10 And it totally caught me.
    0:12:12 I had no intention of selling it.
    0:12:14 Somebody, I put a price on it, and somebody bought it right away.
    0:12:18 I shipped it off to him, and I’d never heard a thing from him since.
    0:12:19 Okay.
    0:12:21 Was this one of your dads?
    0:12:22 How did you come into possession of it?
    0:12:24 Oh, I bought it independently on my own.
    0:12:26 I found a really good deal.
    0:12:28 That’s another great thing about the Facebook marketplaces.
    0:12:30 There’s a Discord.
    0:12:33 There’s a lot of different places where you can acquire these coins from different collectors,
    0:12:35 and sometimes that gives you an advantage.
    0:12:39 Having that inside scoop, rather than paying retail like everybody, helps you get a little
    0:12:43 bit of margin if you’re interested in selling, which is a helpful use.
    0:12:43 Yeah.
    0:12:48 Could you tell if it was somebody who was a follower of yours from the YouTube channel?
    0:12:50 I mean, it’s only three days into putting up the store.
    0:12:55 I don’t know where they came from, but it was probably about the happiest day I’ve ever
    0:12:58 had because it was so surprising.
    0:13:02 I assume it came from YouTube, one of the few followers at that time.
    0:13:02 Okay.
    0:13:05 They were from California, so they would have no tie to me directly.
    0:13:05 Yeah.
    0:13:15 More with Dean in just a moment, including the low-risk way he’s sourcing inventory and
    0:13:18 how he puts himself in position to make lots of sales right after this.
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    0:13:43 That was Randall Pulfer from Episode 661, and he’s just one of many Side Hustle Show guests
    0:13:45 who rely on Shopify to power their online sales.
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    0:15:37 Okay, so almost building your own miniature eBay of sorts or your own mini Facebook marketplace
    0:15:39 specializing in this stuff.
    0:15:41 And so there’s a sourcing component.
    0:15:43 You mentioned, well, I could source on Facebook marketplace.
    0:15:48 Like any other places that you like to go to, you know, buy low and then sell high through
    0:15:48 your own site?
    0:15:53 Yeah, so what I would say is, first of all, for anybody who’s like, I’m going to get into
    0:15:57 ancient coin collecting, I’m going to go straight to eBay and buy a bunch of stuff.
    0:15:58 Do not.
    0:16:02 That’s lesson one of one that I teach on the podcast.
    0:16:04 Now, there are great dealers on eBay.
    0:16:07 You have to get to know them, but eBay is fraught with fakes.
    0:16:12 And so that’s pretty much the starting point, because even as a new collector, I bought fakes on
    0:16:12 eBay.
    0:16:14 So we steer people away.
    0:16:17 There’s a couple of different marketplaces that are great places.
    0:16:22 One of the things about ancient coins that people should recognize is that if you buy from
    0:16:25 a dealer, they should give you a lifetime guarantee.
    0:16:31 Meaning if somebody found out this to be fake over time, you’re able to return it for full
    0:16:33 price at any point during your ownership of the coin.
    0:16:37 So that’s a steadfast reason why you trust them, right?
    0:16:39 And there’s a couple of marketplaces.
    0:16:43 One that comes to mind, BeCoins, which is a marketplace for collectors.
    0:16:47 They have something like 250,000 people that participate on that website or something.
    0:16:52 But that’s a marketplace in which you can try to find and investigate.
    0:16:56 There are other companies that just do shows.
    0:17:01 And so in that case, these companies are inactive during the non-show time period.
    0:17:07 So they will offer or give you an opportunity to sell their stuff while they’re not at shows
    0:17:07 and consign.
    0:17:09 So you don’t even have to buy the inventory.
    0:17:15 So like a drop ship or something like that, there are places within the ancient coin business
    0:17:17 that will work with you to do that.
    0:17:20 So you don’t even have to do the upfront investment.
    0:17:21 Okay, interesting.
    0:17:26 So yeah, a drop ship or consignment relationship with other distributors, other dealers, you
    0:17:30 could just rip this page out of the playbook and pivot to almost any other different niche
    0:17:35 if you have the chops like Dean has to build up your own traffic sources.
    0:17:37 You just slap up a page, nobody’s going to find it.
    0:17:41 But if you can build up a little bit of an audience and a following and some relationship
    0:17:45 and trust building and all this other stuff that’s really hard to do, then you can start
    0:17:49 to drive your own traffic and not have to have that upfront inventory risk.
    0:17:49 That’s right.
    0:17:55 The best recommendation I can give to anyone who’s trying to do this is network, get to
    0:17:59 know people in the industry, even if they’re not somebody that you would normally be friends
    0:17:59 with.
    0:18:05 Always just try to get an understanding, try to get involved because a lot of this stuff people
    0:18:09 have tried, a lot of the stuff people have made mistakes on, but a lot of people would
    0:18:12 really help you succeed if you gave them the chance.
    0:18:16 And I have found that more often than not, that people are willing to do what it takes
    0:18:18 to help you get ahead sometimes.
    0:18:18 Yeah.
    0:18:24 I remember as a kid begging dad to take us to this like baseball card show that was at the
    0:18:25 mall at the next town over.
    0:18:31 And it sounds like these things are still going on for pretty much any kind of collectible,
    0:18:33 but including coins.
    0:18:37 And so you guys have just like your own little wing, your own little section of like the general
    0:18:40 coin show exhibition hall type of thing.
    0:18:42 And here’s my ancient coin people.
    0:18:50 So like in a major show like the ANA, which is in Chicago, it’s in Rosemont at their giant
    0:18:50 theater.
    0:18:51 Right.
    0:18:53 So there’ll be, you know, a thousand dealers.
    0:18:56 So we’ll be kind of put in the corner.
    0:18:59 Ancients are kind of a niche in coins.
    0:19:03 So they’re not like upfront or anything like that usually goes to Americans and shipwrecks.
    0:19:07 But yeah, we definitely have a section that’s usually by world coins.
    0:19:07 Okay.
    0:19:11 But I’m trying to bring us to the front because I like us the most.
    0:19:13 Okay.
    0:19:18 The reason I bring it up is like somebody gave this bit of advice, like if the industry or
    0:19:22 the niche is big enough to have its own convention, then it’s big enough, right?
    0:19:25 If it has multiple, like, you know, maybe it’s too big, right?
    0:19:25 How do you niche it out?
    0:19:30 And so it’s interesting to see like, oh no, if we can, and then these types of events attract
    0:19:31 buyers as well.
    0:19:35 So you’re selling through there, your existing inventory and collection.
    0:19:40 So there’s this physical product, you know, buy low, sell high component to the business
    0:19:41 that is pretty interesting.
    0:19:42 Yeah.
    0:19:47 And I will tell you that ancients do only have one show on their own in New York and
    0:19:51 the rest of the year, there’s, they’re just a tag along for the main conventions.
    0:19:56 So when you’re playing retailer, either through these events or through your own website, is
    0:20:00 there, I mean, you’re, you’re dictated by what the market value is and market prices, but
    0:20:04 like, is there a target margin that you’re shooting for on each transaction?
    0:20:05 Yeah.
    0:20:05 Yeah.
    0:20:09 So the great thing and the interesting part about ancient coins is American coins, for
    0:20:15 those people who know, are very regimented and very detailed collecting.
    0:20:17 So they are very specific on grades.
    0:20:21 They know exact quantities that were produced, how many are in each grade.
    0:20:25 They know a lot and they know how much it costs.
    0:20:28 There is no such thing as a price guide in ancient coins.
    0:20:28 Yeah.
    0:20:31 Well, you’re, you’re kind of building it or you’re, you’re building it as you go.
    0:20:32 Right.
    0:20:37 And so there, there are certain forums that you can look at that give you auction history.
    0:20:42 There’s a couple of different places where you can kind of average out what, what you think
    0:20:43 when an auction and stuff like that.
    0:20:49 But to me, the, the market is more about what you can get for something, especially in ancient
    0:20:53 coins, because a lot of times you’ll have one of only a handful.
    0:20:58 So it’s more about how you marry the customer to the product.
    0:21:02 In certain instances where it’s just like straight runners, anybody will buy it.
    0:21:07 But like, if you found something very specific, like, you know, let’s, let’s say a Jake Paul
    0:21:11 or somebody came up to us and said, I want a coin of the Alexander the Great, you know, that’s
    0:21:14 certainly something you would do very specific to him.
    0:21:16 You try to find something meaningful.
    0:21:20 And that’s really the, the great part about it is because there’s so many opportunities for
    0:21:24 people to connect, whether it’s through religion, whether it’s through spirituality,
    0:21:28 astrological, whatever it is, there’s ways to connect people to these coins.
    0:21:33 And so kind of the higher end stuff, I always look to marry to a customer, something that’d
    0:21:38 be meaningful to them, something that, that represents something powerful to them.
    0:21:38 Okay.
    0:21:41 So what I’m hearing is there’s no blue book value.
    0:21:45 There is, there is, there’s lots of price elasticity or price flexibility rather.
    0:21:46 There is.
    0:21:51 And this is another reason why it’s so interesting is because it’s what you get for it.
    0:21:52 Yeah.
    0:21:56 If you can craft a story, this is another baseball card story related to dad.
    0:21:59 You’re looking up at the Beckett magazine to be like, and I’d be like, dad, look, this
    0:22:00 one’s worth 15 bucks.
    0:22:03 He’s like, you show me somebody willing to pay you 15 bucks for it.
    0:22:04 Then you could say it’s 15 bucks.
    0:22:05 It’s like, fine.
    0:22:08 Just, you know, go around bursting kids’ bubbles all day long.
    0:22:09 That’s right.
    0:22:11 But yeah, there’s still, baseball cards are still a big deal.
    0:22:13 I mean, I like the, uh, what’s it called?
    0:22:18 The substantialness, the, the, you know, the heaviness of gold or silver or something about
    0:22:18 it.
    0:22:19 That’s magical to me.
    0:22:19 Yeah.
    0:22:23 And people trying to fill out a collection, almost by definition, it has some sentimental
    0:22:28 value to them where even you look at some of these, oh, people auctioned off, you
    0:22:30 know, a Michael Jordan jersey.
    0:22:30 It’s like, that’s right.
    0:22:32 Was that worth $3 million?
    0:22:36 Well, it was to the person who bought it and they’re hoping somebody else will, will pay
    0:22:38 that much down the road or not.
    0:22:40 But they’re just like, well, I want to hang this up in my man cave.
    0:22:45 One of the things that people really get excited for, and I always caution people against this
    0:22:48 is they try to collect every emperor from the beginning.
    0:22:50 They think that’s a good way to collect.
    0:22:55 I will tell you that over the 1500 years of the empire, it is very hard to collect all of
    0:23:00 the emperors, particularly when some of them have died in very short order, pretty much
    0:23:02 after they took the crown.
    0:23:02 Yeah.
    0:23:05 Not a lot of coins were minted in that window.
    0:23:07 So go back to the margins.
    0:23:09 Like, you know, if you doubled your money, is that a win?
    0:23:11 If you 10 extra money, like, is there a sweet spot for you?
    0:23:16 For my business, generally, I like to gross margin 30, 40 percent.
    0:23:19 That’s just based on my business expertise.
    0:23:23 You know, it probably, as I fool with it, it might adjust up or down.
    0:23:28 But that’s always kind of where I felt like you take home enough after that to feel good
    0:23:28 about it.
    0:23:30 So that’s about where I’m at.
    0:23:31 Okay.
    0:23:31 That’s helpful to know.
    0:23:34 Not necessarily trying to hit a 10x home run on these flips.
    0:23:35 Oh, no, no.
    0:23:38 You’ll sit on inventory forever if you try to do that.
    0:23:39 Absolutely.
    0:23:39 Okay.
    0:23:40 Let’s talk about turn.
    0:23:42 What’s the inventory look like today?
    0:23:47 Is there a rule of thumb, like, oh, I want to have a two-month supply or something like
    0:23:48 that?
    0:23:48 Right.
    0:23:52 So inventory is a very interesting subject with this hobby because there are certain things
    0:23:55 that move quick and certain things that don’t.
    0:23:58 I would say that for beginning collectors, I have a lot of packaged items.
    0:24:04 So, like, somebody can get a box of four Constantine coins, the whole collector set.
    0:24:05 And those tend to move.
    0:24:11 And then kind of the single one-off coins tend to move, meaning like a cheapy Constantine-era
    0:24:15 coin for $60, it’ll move pretty quickly.
    0:24:22 As you start to get into the more expensive silver and gold items, they don’t move as quickly.
    0:24:26 So my recommendation to anybody that’s interested in this is start small.
    0:24:31 You can definitely make bigger margins on some of the higher-end stuff, but you’re going to
    0:24:31 sit on it.
    0:24:33 And you’re going to sit on it for a while.
    0:24:37 That’s just because this particular buyer has a certain interest.
    0:24:38 Maybe they’re Sicilian.
    0:24:39 Maybe they’re not.
    0:24:41 Maybe they’re from, you know, Macedon.
    0:24:41 Maybe they’re not.
    0:24:45 There’s a lot of different reasons that people find interest in coins.
    0:24:48 But you generally stick to the ones that move.
    0:24:53 So, like, Athenian Owl, Alexander the Great, and then some of the package stuff moves.
    0:24:57 But then as you get into more, I guess, elite territory, you have to be careful because,
    0:25:01 like I said, unless you have a buyer direct, you can sit on it.
    0:25:03 And that hurts, especially in a small business.
    0:25:04 Yeah, yeah, yeah.
    0:25:06 You’ve got all this cash tied up in inventory.
    0:25:06 Yeah.
    0:25:10 The one thing that I’ve always learned in my full-time jobs is cash is king.
    0:25:13 And that’s, you can’t buy more inventory until you move that one item.
    0:25:18 And so, you might be inclined to sell something at cost or below to get cash.
    0:25:23 And that’s one of the drawbacks of having high-end stuff, is that you still have to have cash,
    0:25:24 no matter what, to buy the next thing.
    0:25:27 Yeah, this was a huge issue in the car business.
    0:25:32 That was my one and only corporate job and going around to these parts departments at Ford dealers.
    0:25:36 And, of course, the dealer owner, you know, wants to play this balance of taking care of
    0:25:41 their customers, like having that part on hand, but also not having every part on hand.
    0:25:44 Because it’s like, well, not anybody’s going to come in and request this thing today.
    0:25:50 So, it’s like, you know, this balance of keeping the inventory that turns quickly and all this.
    0:25:55 I remember talking with Rob, the flea market flipper, and I was like, how much, you know,
    0:25:58 how much stuff do you have sitting in the warehouse or in the storage unit right now?
    0:26:02 Like, just waiting to be listed or, you know, waiting to be sold.
    0:26:04 And it was hundreds of thousands of dollars worth of inventory.
    0:26:08 But it’s like, yeah, you got to, at a certain point, you got to move it and go on to the next,
    0:26:09 go find the next thing.
    0:26:15 You either got to find a capital investor and prove that you can move material out of fat,
    0:26:18 or you’re going to have to fund it yourself, which is really hard and expensive.
    0:26:20 Tell me about the YouTube channel.
    0:26:24 So, I don’t have the, you know, podcast stats, but I can see from the YouTube channel,
    0:26:26 we’ve got 40,000 plus subscribers over there.
    0:26:29 But the most popular videos are only like 1,000 views.
    0:26:31 So, it’s like, you don’t have to go huge.
    0:26:36 Yeah, I feel like because they’re longer, longer form, I do better on shorter videos.
    0:26:38 Longer form takes a long time.
    0:26:42 And it’s an investment to listen to somebody talk about ancient coins for an hour if you don’t
    0:26:45 have anything off, you know, if it’s not a direct tie.
    0:26:48 But definitely, when we launch, they definitely come out.
    0:26:50 I definitely get a lot of comments and stuff.
    0:26:53 But it’s been spread out pretty thinly.
    0:26:57 But we’re hoping that we have another real breakthrough coming up here soon.
    0:27:02 Like I talked about with networking, you know, the key is to get to know the players in the industry.
    0:27:07 I talk to whoever I can to try and figure out how to make this thing work.
    0:27:09 Because if you’re on your own, you’re never going to make it.
    0:27:11 You got to talk to people.
    0:27:13 You got to get to know what works and what doesn’t work.
    0:27:14 That’s the key.
    0:27:19 Has that been the primary growth driver of the show and the channel is guesting to the extent
    0:27:23 that there is like other ancient coin podcasts to go and hang out on or other channels to
    0:27:24 collaborate with?
    0:27:26 No, but I’m trying.
    0:27:31 So, basically, what I’m doing is I’m taking my buddies in the Americans and the world and
    0:27:32 we’re trying to combine.
    0:27:35 So, there’s a bunch of podcasts on American coins.
    0:27:37 There’s a bunch of podcasts on world coins.
    0:27:41 So, what I’m trying to do is try to marry those as well.
    0:27:46 There’s not like millions of people lining up to watch American coin podcasts, but strength
    0:27:50 in numbers, I think, helps us out in this kind of endeavor.
    0:27:52 So, I reach out to everybody.
    0:27:54 Yeah, yeah, I love that strategy.
    0:27:57 If it’s like, hey, you’re talking about, would your audience be interested in one episode
    0:28:00 on this divergent thing?
    0:28:02 It’s like, it’s on the shoulder of what you’re already talking about.
    0:28:04 We can have an interesting conversation.
    0:28:09 I mean, that was one of the things that really helped drive growth of the Side Hustle Show
    0:28:12 was guesting on all these personal finance podcasts.
    0:28:15 Hey, at a certain point, all these podcasts about saving money and budgeting and investing,
    0:28:16 there’s only so much you could save.
    0:28:18 Why don’t we talk about making more money?
    0:28:20 You know, so it was like a natural fit.
    0:28:21 Hey, have you done a Side Hustle episode?
    0:28:23 Have you done a small business episode?
    0:28:26 And so, that was kind of what helped drive the growth of the show.
    0:28:29 So, I think that makes a lot of sense in this case, too.
    0:28:30 Yeah, and same with history.
    0:28:34 I mean, you just got to find stuff that, well, I did a podcast maybe last week with a, it’s
    0:28:37 called Antiquity Side Quest or something like that.
    0:28:43 It’s just a history podcast, and so they asked me specific questions about history and then
    0:28:44 ancient coins and how they tie together.
    0:28:49 So, you know, a lot of times I’ll just do these kind of Q&As about ancient coins from people
    0:28:51 that like history and want to know about it, you know?
    0:28:53 Yeah, no, that makes perfect sense.
    0:28:57 Go where the audience already is or go, maybe this is a Charlie Munger thing.
    0:28:59 The first rule of fishing is fish where there’s fish or something.
    0:29:01 It’s like, oh, okay, this works.
    0:29:06 More with Dean in just a moment, including his quest to be the quote-unquote tallest in his
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    0:31:36 Anything going on on the social media side?
    0:31:38 Did you end up starting your own Facebook group?
    0:31:42 You know, I see there’s some of the short form stuff that’s getting traction.
    0:31:43 What else is going on there?
    0:31:49 I’m on every platform except X, and as I get more time, I’ll dedicate more specific videos
    0:31:52 to like TikTok where they’re specific to TikTok.
    0:31:54 But yeah, I’ve been covering all the socials.
    0:31:58 I have, as an entrepreneur, I’ve experimented going out.
    0:32:03 I have outsourced social media for periods of time and then insourced because you’ll find
    0:32:07 that of all the things you’re doing, that probably takes more time than any of it, whether it’s
    0:32:09 the editing or anything like that.
    0:32:13 And so you only have so much time and you’re probably not a professional editor, so you probably
    0:32:13 have to outsource.
    0:32:19 But to me, in this world, and that’s why I jumped on Ancient Coins is because the social
    0:32:23 media presence is so low that it’s easy to become the tallest person.
    0:32:28 So that’s why I’ve been gung-ho trying to get the message out there because I’m the one.
    0:32:31 There’s other people that are trying, that’s for sure.
    0:32:36 But that’s my main goal is to try to get as much exposure as possible and hopefully make
    0:32:37 some sales in between.
    0:32:38 Yeah, that’s an interesting line.
    0:32:39 I want to pause in that.
    0:32:43 Pick a niche where it’s easy to become the tallest person or the most visible person.
    0:32:44 Yeah.
    0:32:48 And you might find you’re going to have to go one or two layers deeper than what you initially
    0:32:48 thought.
    0:32:49 That’s right.
    0:32:53 But if you can be, like John Lee Dumas has talked about being the best, worst, and only
    0:32:58 in your niche, you know, when he started the worst daily entrepreneur podcast, but also
    0:32:59 the best because he was the only game in town.
    0:33:01 I’ll give you a listener’s idea.
    0:33:03 I can tell you that there’s nobody doing stamps.
    0:33:06 If you want to be the first, do stamps.
    0:33:07 You’ll be the first one.
    0:33:08 Do the same thing for stamps.
    0:33:09 Okay.
    0:33:09 Okay.
    0:33:10 It’s a challenge.
    0:33:14 That hobby is very, it’s really gone small.
    0:33:17 I mean, it’s real small now, but it’s kind of like this.
    0:33:18 Maybe you can bring it back.
    0:33:19 Maybe you can make it survive.
    0:33:20 Yeah.
    0:33:24 Niche within a niche of collectibles, ancient stamps, probably not so much a thing.
    0:33:25 Those didn’t survive.
    0:33:30 But the one thing I will tell you is, is that with these hobbies and, you know, having experienced
    0:33:32 it firsthand, there is a generational gap.
    0:33:35 People from my era kind of moved on and didn’t do that.
    0:33:38 So there’s like a whole series of people that are aging out of this interest.
    0:33:43 And so the, the kind of key people in this industry are aging out.
    0:33:47 So that not only gives you the opportunity just in social media, because that’s not what
    0:33:50 they’re into, but also in the sales because they’re aging out.
    0:33:54 And I, this can’t be the only opportunity like that for sure.
    0:33:57 Do you see that as a, as like a longevity risk for the business where it’s like, just
    0:34:01 I’m riding this like slow downhill wave in interest?
    0:34:02 No, I want to turn it on its head.
    0:34:07 I don’t want it to die because history is the most important thing to me.
    0:34:11 And I feel like this is an area where I can plant my flag and hopefully prevent that kind
    0:34:12 of thing from happening.
    0:34:17 Because so much of this is in people’s heads, this history, this great knowledge.
    0:34:19 And as time goes on, those people disappear.
    0:34:22 And so it’s, it’s incumbent on us to keep it alive.
    0:34:23 Yeah.
    0:34:25 The only fear there is, oh, let’s be an equal.
    0:34:30 I want to ride a, a trend that’s increasing versus one that fewer and fewer people are looking
    0:34:31 for.
    0:34:31 Yeah.
    0:34:32 Yeah.
    0:34:33 Well, we will, we’ll make it increase.
    0:34:34 That’s the point.
    0:34:35 Let’s make it increase.
    0:34:36 With a subject like this.
    0:34:38 I don’t know how you cannot.
    0:34:42 That’s why it’s so crazy to me because as somebody who’s been involved in collecting
    0:34:46 for so long, there are certain things that are like, yeah, that makes sense.
    0:34:47 And this makes sense.
    0:34:54 It just makes anybody that loves history, who loves iconography, who loves any of this stuff,
    0:34:59 all the money that Americans spend on collecting to me could be almost better served in this area
    0:35:02 because it’s such a fascinating and incredible area.
    0:35:04 I mean, it touches everything.
    0:35:05 Architecture.
    0:35:07 It’s just everything.
    0:35:07 Sorry.
    0:35:08 I get excited.
    0:35:10 No, that’s, that’s okay.
    0:35:11 That’s why, why you’re the guy.
    0:35:13 You doing anything to collect emails for this?
    0:35:14 Oh yeah.
    0:35:15 Yeah, absolutely.
    0:35:20 And I do send out a subscription email and I do offer a subscription service because some
    0:35:22 material I get is first to the market.
    0:35:26 And so it gives collectors, particularly high end stuff and opportunity.
    0:35:33 So that, that’s another avenue that I’ve experimented with or trying because the demand for high end
    0:35:35 goods that are hard to find is pretty high.
    0:35:39 So that’s, that’s an opportunity that I saw in that field.
    0:35:40 We’ll see how that plays out.
    0:35:40 Sorry.
    0:35:45 So there’s, there’s a free email newsletter and then there’s like a paid tier, like a subscription
    0:35:47 notification service.
    0:35:47 Yep.
    0:35:54 And so I, uh, I get a occasional group of 10 or 15 hard to come by coins and I’ll release
    0:35:58 them to the subscription for service first before I release them to the general public.
    0:36:01 So they get advanced notice because some ancient coins are so desirable.
    0:36:03 They don’t even last one second on the website.
    0:36:10 There are people that will fly halfway across the country to find a specific coin that day.
    0:36:13 I mean, they’re very passionate about it for sure.
    0:36:13 Yeah.
    0:36:18 If you can find such a passionate audience to serve, I think that’s an interesting place
    0:36:18 to be.
    0:36:21 How much do you charge for the subscription or the notification service?
    0:36:24 I do $9.95 a month or all at once.
    0:36:26 I also include a discount in that.
    0:36:28 So that way you make it feel like it’s worth it.
    0:36:33 So I give you a discount over all your purchases, but it’s nice to have the advanced cash, but
    0:36:38 you just have to make sure that you come through on the subscription side or people will get upset.
    0:36:41 I’m sure if they get nothing in return for their expense.
    0:36:44 So that’s probably something you have to pay close attention to.
    0:36:45 Yeah.
    0:36:47 How many takers on that?
    0:36:53 A handful so far, but I just released my second list of 20 coins to the public to let them
    0:36:54 know what’s available.
    0:36:57 So hopefully I’ll see some subscribers after that.
    0:36:57 Yeah.
    0:37:00 This is always the, what do you keep behind the paywall?
    0:37:03 How do you give people a sneak preview without giving away everything?
    0:37:08 Or you’re like, if you like more of that, then come on in and pay for it.
    0:37:10 Well, and it’s hard when you, it’s a side hustle, right?
    0:37:14 Because then you not only have a regular social media, but then you have a secondary social
    0:37:18 media where you have to keep those people who are paying happy on top of it.
    0:37:20 You know, that’s additional, but it’s worth it.
    0:37:21 I think.
    0:37:22 Yeah.
    0:37:24 This is an interesting, the paid tier.
    0:37:29 We’ve done episodes on paid newsletters and it is like, there’s this element of curation.
    0:37:33 Like that’s the value add in a lot of cases where it’s like, let me filter out everything,
    0:37:37 all the, all the noise for you and just send you the signal.
    0:37:40 And it’s like, Hey, look, I’m, I’m Dean.
    0:37:41 I’m the ancient coin guy.
    0:37:43 And here are my 10 best finds of the week.
    0:37:46 Or here’s something unique that, that we managed to source.
    0:37:47 That’s right.
    0:37:47 Yeah.
    0:37:51 And I’m going out and hunting these down in advance so that nobody else in the marketplace
    0:37:52 can get them.
    0:37:56 That I think adds value because most people will buy the higher end stuff.
    0:38:00 It shows, uh, but if they don’t go to shows or they don’t go to all of them, they miss
    0:38:01 and they miss a lot.
    0:38:07 One of the guys that I’ve worked with sells out like 80% of his stock when he comes in and
    0:38:12 people will fly in the day before just to see what his stock is before the show, get a pre-screening.
    0:38:15 So that’s how popular that stuff is, you know?
    0:38:19 And do you find you have sellers now reaching out to you directly because they know you can
    0:38:19 move it?
    0:38:20 Yep.
    0:38:20 That’s right.
    0:38:22 That’s another great aspect of it.
    0:38:27 So, so if they find somebody that’ll sell stuff for them, you’ll find that you’ll get more
    0:38:30 inventory than you won’t know what to do with, but you don’t have to buy it.
    0:38:30 Right.
    0:38:31 And that’s the best part.
    0:38:35 The, the, the, the expense on your side can be really challenging.
    0:38:39 So if people are interested in signing to you, that’s, that’s a good sign.
    0:38:39 Yeah.
    0:38:41 No, this is, it’s really interesting.
    0:38:42 It’s ringing bells.
    0:38:46 We had a woman who was, she became known as like the go-to person for this like collectible
    0:38:47 doll.
    0:38:50 I forget the brand, but that was, that was her business.
    0:38:56 I, if you have these dolls, I’ll sell them for you on eBay and send you the 70% and I’ll take
    0:38:57 my 30%.
    0:38:59 It was, it sounds very similar.
    0:39:01 Like if you have these ancient coins, I’ll help you sell them.
    0:39:04 I’ll help you monetize them and I’ll send you your percentage.
    0:39:04 That’s right.
    0:39:06 Yeah, that’s right.
    0:39:07 It works really well.
    0:39:10 What’s the email service that you’re using for that email list?
    0:39:12 I have everything through Squarespace.
    0:39:17 So then I have my email service through that domain, which I will tell you, you know, as even
    0:39:21 as somebody who’s done a few podcasts, having your own domain, your email address with your
    0:39:24 own domain probably makes you look a little bit more official, I think.
    0:39:25 Oh, for sure.
    0:39:26 In some cases.
    0:39:26 Yeah.
    0:39:28 So I recommend that.
    0:39:28 It’s cheap.
    0:39:32 And Squarespace is running the e-commerce side of Kinzer Coins too.
    0:39:36 I found that I was pretty able to make a pretty nice website without trying really, meaning
    0:39:38 I didn’t need a whole lot of education beforehand.
    0:39:43 It took me three hours to put together a workable website that, yeah, that’s great.
    0:39:47 I mean, and it’s so, it’s cheap, you know, we’re, we’re old enough to remember when people
    0:39:51 would spend a month putting together a website and spend a hundred thousand dollars or whatever.
    0:39:53 And now it’s so cheap.
    0:39:53 Yeah.
    0:39:54 Yeah.
    0:39:55 These tools, these tools make it easy.
    0:39:56 So that’s good.
    0:40:01 What is like starting over a couple of years into this Kinzer Coins journey, anything you
    0:40:03 would do differently to accelerate the journey?
    0:40:04 Yeah.
    0:40:09 So despite all my business knowledge of working my full-time day job, I didn’t figure out
    0:40:12 the consigning thing until I had invested my own money.
    0:40:16 So I will reiterate that for those of you who want to start a business.
    0:40:19 It’s better to spend other people’s money than your own.
    0:40:22 And that can kind of help, especially as you’re launching.
    0:40:27 Now, if you make enough profits spinning, then you can really start to buy some fantastic
    0:40:31 inventory, but I would not invest all of my money in my own stuff.
    0:40:34 I would try to figure out ways to work with people to get that.
    0:40:38 I think I probably would have not spent as much money on ads.
    0:40:43 I might’ve gone with an outsource option or I might’ve been just more thoughtful about
    0:40:43 it.
    0:40:47 Both are spends when you don’t really have a lot of spend in the business.
    0:40:53 Those are probably your two biggest and they probably are, if they’re mismanaged, you can
    0:40:54 go underwater pretty quick.
    0:40:55 Yeah, totally.
    0:40:55 Yeah.
    0:40:55 Yeah.
    0:40:57 Keep things lean for sure.
    0:40:57 Yeah, that’s right.
    0:41:00 And there’s people out there that are willing to help.
    0:41:02 Like I mentioned before, you just got to find them.
    0:41:05 And if you don’t know who they are, ask the person that does, you know, I mean, you never
    0:41:07 hurt anybody’s feelings by asking questions.
    0:41:08 That’s right.
    0:41:10 People love to help you out.
    0:41:11 What’s been the biggest surprise?
    0:41:12 It’s harder than I thought.
    0:41:14 That’s shameful as I say that.
    0:41:17 It is hard, but not in a way that you can’t do it.
    0:41:20 It’s just, it’s, sometimes it’s like, oh man, I wish this would work.
    0:41:23 And sometimes it doesn’t, but it makes the wins even that greater.
    0:41:24 So it’s a challenge.
    0:41:25 It’s a battle, right?
    0:41:30 You, you battle in your head, you battle these ideas, but I mean, it’s so fun.
    0:41:34 I mean, you know, I get a lot of satisfaction out of ancient coins because it lights people
    0:41:39 up in a way that most things don’t, but connecting people to stuff that they really want is very
    0:41:39 satisfying.
    0:41:44 You know, to me, I love that so much that, that it’s really worth it.
    0:41:48 I mean, you know, I wish I, I wish I had thought a little bit more about that at the beginning,
    0:41:50 but I think that’s the best part, honestly.
    0:41:54 There’s part of me that wants you to be like, oh, it was super easy.
    0:41:57 I put up these three videos and boom, boom, boom, you know, I was off to the races.
    0:41:58 I wish.
    0:42:02 So there’s another part of me who really appreciate you sharing, like, look, it’s work.
    0:42:03 It takes real work to build a business.
    0:42:04 I’ll decide.
    0:42:04 There’s both sides of it.
    0:42:05 All right.
    0:42:06 Where do you want to take it?
    0:42:08 What’s next for the business this year?
    0:42:11 I would like to partner at the very least with a museum.
    0:42:13 I hope that I get the opportunity.
    0:42:15 I’d like to do another event.
    0:42:21 We had an event last week at South by Southwest where I was a pop-up, believe it or not, coins
    0:42:23 at a pop-up at a cool hangout.
    0:42:25 But the host wanted to try it, and I think it was successful.
    0:42:27 I may do that again.
    0:42:32 I think there’s an event in Miami at the F1 that I might go to to do something like that.
    0:42:34 But more outreach, more ideas.
    0:42:37 I’d like to, you know, cross six figures.
    0:42:41 Can I pause you and say, like, what do you mean by in-person events?
    0:42:44 Like, how do you get on the agenda at South by Southwest or something like that?
    0:42:47 Well, that’s networking.
    0:42:52 I got found and was put on a podcast, and then I’ve just been harassing them until they make
    0:42:54 me a part of the traveling team.
    0:42:57 And that’s really what it was.
    0:42:58 Okay.
    0:43:00 So what did that pop-up look like?
    0:43:00 What did you do?
    0:43:04 Oh, I created a—there was a little space, so I put up tables.
    0:43:09 I invited two of the premier coin dealers down to meet me there, and we created a space with
    0:43:13 ancient coins, with Japanese samurai coins, and with shipwreck coins.
    0:43:18 So people would come in, and they would be surprised, and what is this?
    0:43:21 And then we would tell them stories about stuff, and people ate it up.
    0:43:22 They loved it.
    0:43:27 You know, we have a series of coins that are from Bactria, which was modern-day Afghanistan
    0:43:28 and Pakistan.
    0:43:32 We had a lot of people from Pakistan that came there and were super interested in those coins.
    0:43:36 You know, a lot of people who were interested in Julius Caesar and stuff like that.
    0:43:41 But it’s an interesting place, but people found it very comfortable and really got into it.
    0:43:43 So that’s another opportunity, right?
    0:43:44 Yeah.
    0:43:49 Is that something you sell tickets to, or this is just like, how do I piggyback on—there’s
    0:43:53 already thousands of people at this event, so I just want a little table on the side to
    0:43:54 try and bring a few people into my world.
    0:43:55 Be a vendor.
    0:43:56 Talk to people.
    0:43:57 That’s how you get them in the door, right?
    0:43:59 You got to reach out and talk to people.
    0:43:59 Okay.
    0:44:01 And then you mentioned museum partnership.
    0:44:02 Do you have anything specific in mind for that?
    0:44:10 Well, a friend of mine did a get-together with the Chicago Art Museum where they did sculptures
    0:44:11 and stuff like that.
    0:44:16 And that’s a space that I think is a really neat collaboration because a lot of these
    0:44:18 museums have—they have their own collections.
    0:44:20 They have their own ancient pieces.
    0:44:25 And to tie that together with collectors, I think, is a valuable experience.
    0:44:30 So I would like to be in the business of trying to arrange those kind of things to get people
    0:44:32 in and interested in the hobby.
    0:44:34 It’s just another avenue in which you can.
    0:44:39 You know, obviously, like at the Met, they have an incredible coin collection.
    0:44:42 Some of the most rare coins on display.
    0:44:45 Well, they obviously have coins that are not on display.
    0:44:49 And so there’s opportunities, you know, to showcase some of the stuff they don’t have
    0:44:54 on display or do a study based on something that they’ve found.
    0:44:56 Just a lot of—it’s neat.
    0:44:57 Part of history, right?
    0:44:57 Okay.
    0:45:00 That gives a little more context of like, well, no, no, no.
    0:45:02 People might already be on this museum’s mailing list, for example.
    0:45:04 Well, they’re obviously into history.
    0:45:09 If I could get the museum to promote a little pop-up, even if it’s just like an educational
    0:45:14 talk on like 10 stories around coins that are still in existence today, like that makes
    0:45:17 a lot of sense as a way to get in front of more of the target audience.
    0:45:18 So very cool.
    0:45:24 Ancient coins touch a lot of places because so much of the work is handmade and it’s a sculpture,
    0:45:29 essentially, that’s made and made by some of the artists that made the same—made the
    0:45:30 sculptures back in that time.
    0:45:32 just incredible artists.
    0:45:38 So it falls in really a really neat area of art and, you know, numismatics or the collection
    0:45:39 of coins.
    0:45:41 So it brings an eclectic group for sure.
    0:45:47 The Ancient Coin Hour on YouTube and, of course, the Ancient Coin Hour podcast.
    0:45:49 You can find Dean over there.
    0:45:51 KinzerCoins.com is your home base.
    0:45:56 If you want to see what kind of coins are available and at what prices and the stories behind those,
    0:45:58 cool website to check out.
    0:46:02 Let’s wrap this thing up with your number one tip for Side Hustle Nation.
    0:46:05 My number one tip is network, network, network.
    0:46:06 Get involved.
    0:46:07 Get to know people.
    0:46:11 Try—don’t isolate yourself because you’ll do better in business if you connect to people
    0:46:16 and connect to Nick and connect people in the Side Hustle Nation, all that kind of stuff.
    0:46:17 There are people out there to help you.
    0:46:18 It’s so true.
    0:46:22 This shirt is a little bit faded, but, you know, it says, you know, collaboration over competition
    0:46:25 and I think that’s the name of the game here.
    0:46:25 It’s like, how do you—
    0:46:26 100%.
    0:46:28 How do you become the tallest in your space?
    0:46:32 Well, you know, he’s going to have to stand on the shoulders of others if that’s eventually
    0:46:33 where you want to go.
    0:46:33 That’s right.
    0:46:36 A couple takeaways from me before we wrap.
    0:46:40 Number one, you know, we often talk about filling demand versus creating demand.
    0:46:44 It sounds like in this niche, there’s a little bit of market education in creating demand and
    0:46:48 that fuels the content and the interest and so it plays really nicely.
    0:46:54 We talked about going where the buyers are, fish where there’s fish, you know, to these coin
    0:46:57 shows, these collectible shows, even to these museums or other events where there’s
    0:47:01 thousands of people, like, how do I get, you know, on that agenda?
    0:47:05 And even if it’s just a small display or an educational talk, talked about lots of different
    0:47:10 ways to monetize the business through the consignment sales, staying lean, how do we do
    0:47:11 this in a low-risk way?
    0:47:17 And then the old JLD line about being the best, worst, and only, like, how do we niche down to
    0:47:19 be the go-to voice in a space?
    0:47:22 I think that’s something that Dean is doing really well.
    0:47:22 Thank you.
    0:47:25 If you are new to the show, thank you for tuning in.
    0:47:25 Welcome.
    0:47:30 We’ve got hundreds of actionable episodes, just like this one, in the archives to help
    0:47:30 you make some more money.
    0:47:36 If you’re wondering where to start, I want to invite you to build your own personalized playlist
    0:47:37 at hustle.show.
    0:47:42 How it works is you answer a few short, multiple-choice questions about your side hustle interests,
    0:47:43 your side hustle goals.
    0:47:45 You can do it right from your phone.
    0:47:46 It takes just a couple minutes.
    0:47:50 And then we’re going to recommend eight to ten episodes that are going to be most relevant
    0:47:50 to you.
    0:47:52 You can add those to your device.
    0:47:55 Tune in when you’re on your next drive or when you’re out walking the dog, you’re at the gym,
    0:47:56 whatever it is.
    0:48:00 Again, that’s hustle.show for that custom curated playlist.
    0:48:03 Big thanks to Dean for sharing his insight.
    0:48:06 Big thanks to our sponsors for helping make this content free for everyone.
    0:48:11 You can hit up sidehustlenation.com slash deals for all the latest offers from our sponsors
    0:48:12 in one place.
    0:48:15 Thank you for supporting the advertisers that support the show.
    0:48:16 That is it for me.
    0:48:18 Thank you so much for tuning in.
    0:48:21 Until next time, let’s go out there and make something happen.
    0:48:22 and I’ll catch you in the next edition
    0:48:23 of the Side Hustle Show.

    When you think of side hustles, flipping 2,000-year-old Roman coins probably isn’t the first thing that comes to mind.

    But for Dean Kinzer, what started as a nod to his dad’s hobby turned into a $86k/year side hustle, one built around history, storytelling, and a very specific type of collector.

    Dean runs KinzerCoins.com and The Ancient Coin Hour on YouTube, where he shares his love for ancient coins and educates others who are curious about the space.

    Here’s how he did it.

    Tune in to Episode 668 of the Side Hustle Show to learn:

    • how Dean turned a collector’s passion into real income
    • why ancient coins are the ultimate niche product
    • the low-risk strategies he used to build an $80k side hustle

    Full Show Notes: How I Built an $80k/year Side Hustle in an Obscure Niche

    New to the Show? Get your personalized money-making playlist here!

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  • 667: 10+ Side Hustle Trends for 2025

    AI transcript
    0:00:03 Here are 10 side hustle trends for 2025.
    0:00:05 What’s up, what’s up, Nick O’Loper here.
    0:00:07 Welcome to the side hustle show
    0:00:09 because your nine to five may make you a living,
    0:00:11 but your five to nine makes you alive.
    0:00:14 Today, we’re tackling some side hustle trends
    0:00:16 that you should be aware of
    0:00:18 because they might impact what business you start
    0:00:20 and how you think about scaling it.
    0:00:22 And to help me out with these is a longtime friend
    0:00:24 and friend of the show.
    0:00:25 He’s been covering online side hustles
    0:00:29 even longer than I have from nichepursuits.com.
    0:00:31 So, Spencer Hans, welcome back to the side hustle show.
    0:00:33 Nick, it’s great to be here.
    0:00:36 Long time listener, follower of the show.
    0:00:39 And of course, we’ve connected a couple of times in person.
    0:00:41 It’s always fun to talk about side hustles,
    0:00:43 niche projects, if you will.
    0:00:45 So yeah, really excited to jump in.
    0:00:46 Yes, a couple old timers here.
    0:00:48 We’ll go for it.
    0:00:52 So almost all of our content starts from the question,
    0:00:53 how do I make extra money?
    0:00:56 And to answer that, I think it’s important to know
    0:00:58 where the market’s been,
    0:00:59 where it is today,
    0:01:01 and maybe where you see it potentially going.
    0:01:03 So that’s our goal for today.
    0:01:04 10 or maybe more.
    0:01:06 We’ll see what happens as we get going.
    0:01:08 10 observations from a couple,
    0:01:10 like we said, a couple of old guys
    0:01:11 that you can use, hopefully,
    0:01:12 to make some more money this year.
    0:01:15 And trend number one that I want to bring up
    0:01:18 is for the last year and a half or so,
    0:01:19 ever since this helpful content update,
    0:01:21 is what I’m going to call
    0:01:23 the shrinking SEO landscape.
    0:01:24 Rand Fishkin has called it
    0:01:26 zero-click publishing.
    0:01:27 But just in the search results,
    0:01:30 you see more AI answers,
    0:01:31 AI snippets,
    0:01:32 you see more Reddit,
    0:01:33 you see more user-generated content,
    0:01:38 you see these huge image card blocks.
    0:01:40 Like SideHustleNation used to rank
    0:01:42 for a lot of listicle type of content.
    0:01:44 But now this huge chunk of the page
    0:01:44 is getting like,
    0:01:46 well, we’ll just parse out
    0:01:47 all the items on your list
    0:01:48 and put a little image by it.
    0:01:50 like, well, it pushes everything else
    0:01:52 lower down on the page.
    0:01:53 You know, what are you seeing
    0:01:54 with niche pursuits?
    0:01:55 What are you seeing with publishers
    0:01:56 trying to combat
    0:01:58 this shrinking piece of the pie?
    0:02:00 Plus, user behavior changing.
    0:02:02 Like I know from my own personal experience,
    0:02:04 like I find myself using ChatGPT
    0:02:04 as a search engine
    0:02:06 or as an answer engine, rather,
    0:02:08 more often than Google these days.
    0:02:10 Yeah, quickly changing landscape.
    0:02:12 A lot is going on in the SEO world.
    0:02:14 I think you hit on that
    0:02:15 sort of the zero-click landscape
    0:02:17 that we’re entering in.
    0:02:18 I’ve seen a lot of publishers
    0:02:21 that, yeah, their answers
    0:02:23 are being taken by those AI overviews
    0:02:25 that Google is putting out.
    0:02:26 Not only has there been
    0:02:28 a lot of updates, right?
    0:02:29 You mentioned the helpful content update,
    0:02:31 but a lot of Google core updates
    0:02:33 that feel like a lot of small publishers
    0:02:36 have been impacted heavily with, right?
    0:02:38 But even some large publishers
    0:02:40 I’ve talked with privately with
    0:02:43 that their rankings in Google
    0:02:44 haven’t changed.
    0:02:45 Like they still rank number one
    0:02:47 for the term or number two
    0:02:48 for the term, right?
    0:02:49 That they originally ranked for.
    0:02:51 But because there’s now
    0:02:52 this AI overview,
    0:02:55 they don’t get as many clicks, right?
    0:02:57 So the rankings technically
    0:02:58 haven’t changed.
    0:02:59 They still are the number one
    0:03:01 organic result for whatever,
    0:03:03 but they’re getting less clicks
    0:03:04 because people now just read
    0:03:06 that AI overview, right?
    0:03:06 Yeah.
    0:03:08 And so there’s that,
    0:03:10 that Google has changed.
    0:03:11 And then the other thing,
    0:03:13 I’m in the same boat with you,
    0:03:14 and I think a lot of people are,
    0:03:16 like I am starting to use
    0:03:18 ChatGPT a lot more, right?
    0:03:20 Because it remembers
    0:03:21 what I searched previously.
    0:03:22 Like I’ll say,
    0:03:23 hey, I’m starting a little
    0:03:25 side hustle on this.
    0:03:26 And then I might ask it
    0:03:27 a series of questions like,
    0:03:28 what do I need to get started?
    0:03:30 And then I might ask,
    0:03:31 you know, later,
    0:03:32 what products should I buy
    0:03:34 to help me with that, right?
    0:03:35 And it’s just like
    0:03:36 this ongoing thing
    0:03:38 that you don’t really do
    0:03:39 on Google very well.
    0:03:40 You’d have to type out
    0:03:41 like two paragraphs
    0:03:42 to do it.
    0:03:43 ChatGPT just remembers
    0:03:45 your previous searches.
    0:03:46 Yeah, you can give it,
    0:03:46 you can provide it
    0:03:47 a lot more context,
    0:03:48 a lot more detail.
    0:03:49 We’re like, hey,
    0:03:50 we’re visiting Japan
    0:03:52 with two boys.
    0:03:54 They’re seven and nine.
    0:03:55 You know, what do you recommend
    0:03:56 for this two-week itinerary?
    0:03:57 And it like spits out
    0:03:58 this detailed day-by-day thing
    0:03:59 where it’s like,
    0:04:00 ah, you know,
    0:04:01 but it’s frustrating
    0:04:03 from the content creator perspective
    0:04:04 because somebody had
    0:04:04 to create that
    0:04:05 for it to crawl.
    0:04:06 And it’s like,
    0:04:07 well, where are they,
    0:04:09 if their business model
    0:04:10 was monetizing
    0:04:11 with ad revenue
    0:04:12 or affiliate clicks,
    0:04:14 like where are they left?
    0:04:14 And what’s the incentive
    0:04:16 to keep creating this content
    0:04:18 for the AI to chew on?
    0:04:18 Like, where does it,
    0:04:20 where does it go?
    0:04:21 Like for a time
    0:04:24 and I’m still a little bit torn,
    0:04:25 like there’s still got to be
    0:04:26 some value
    0:04:27 in being a primary source,
    0:04:28 like scooping a story,
    0:04:29 you know,
    0:04:32 providing firsthand experience
    0:04:33 and review content.
    0:04:34 but if it ends up
    0:04:35 just getting aggregated
    0:04:36 and scraped
    0:04:37 and re-summarized,
    0:04:38 ah, it’s like,
    0:04:39 well, I don’t know,
    0:04:41 why are we doing this?
    0:04:43 It’s extremely frustrating,
    0:04:43 right,
    0:04:45 to the content creator
    0:04:46 because you’re exactly right.
    0:04:47 Somebody had to create
    0:04:48 all those different
    0:04:50 itineraries to Japan,
    0:04:50 right,
    0:04:51 that ChatGPT
    0:04:52 had to learn on,
    0:04:53 right?
    0:04:54 so we as publishers
    0:04:55 over the last,
    0:04:56 you know,
    0:04:57 however long you’ve been publishing
    0:04:58 have been creating
    0:04:59 and researching
    0:05:00 and a lot of people
    0:05:01 have been traveling
    0:05:01 to these locations
    0:05:02 and taking pictures
    0:05:04 and, you know,
    0:05:05 travel bloggers in particular
    0:05:06 have been hit really hard,
    0:05:08 food bloggers in particular
    0:05:09 have been hit really hard,
    0:05:10 right,
    0:05:11 where AI can now just spit out
    0:05:13 the recipe for you,
    0:05:14 that sort of thing
    0:05:15 and so where does that leave
    0:05:16 publishers?
    0:05:17 I don’t know
    0:05:17 the right answer,
    0:05:18 you know,
    0:05:19 going forward
    0:05:20 other than we’re in this
    0:05:22 really big shift,
    0:05:24 this big transition phase
    0:05:25 of,
    0:05:25 boy,
    0:05:27 you either need to provide
    0:05:28 really unique content
    0:05:29 or,
    0:05:30 like you said,
    0:05:31 maybe scooping
    0:05:32 truly groundbreaking stories
    0:05:34 or your writing
    0:05:35 is just so fascinating
    0:05:37 that you can build
    0:05:37 an audience,
    0:05:38 you have an email list,
    0:05:41 people truly following you
    0:05:42 for your personality
    0:05:43 or for your writing abilities
    0:05:45 or for whatever it is
    0:05:46 that makes you unique
    0:05:48 so building an audience
    0:05:49 is just becoming
    0:05:51 so important,
    0:05:52 right,
    0:05:53 because if you’re just there
    0:05:54 for that transactional query
    0:05:56 and you are making money
    0:05:57 with ads in the past,
    0:05:59 that may be not
    0:06:01 a very strong
    0:06:02 business going forward.
    0:06:03 Yeah,
    0:06:05 it’s a challenging
    0:06:06 and changing landscape
    0:06:07 and maybe that brings us
    0:06:09 to trend number two
    0:06:12 in light of the SEO challenges
    0:06:13 or the search traffic challenge
    0:06:14 challenges.
    0:06:15 Like I’m still,
    0:06:16 you know,
    0:06:17 maybe this is old school,
    0:06:17 but like I still think
    0:06:18 you ought to have
    0:06:19 a website as your home base,
    0:06:20 something you truly do
    0:06:22 own and control.
    0:06:23 But we’ve seen the shift
    0:06:24 towards what we might call
    0:06:26 social first audience building
    0:06:28 or social first publishing
    0:06:29 where I’m going to go out
    0:06:31 into Instagram,
    0:06:32 TikTok,
    0:06:33 YouTube,
    0:06:33 LinkedIn,
    0:06:34 Twitter,
    0:06:35 and like try and bring people
    0:06:37 back into my world
    0:06:38 or try and go where,
    0:06:38 you know,
    0:06:39 go where my audience
    0:06:40 already is
    0:06:41 and try and create content,
    0:06:42 build up reputation,
    0:06:43 authority on whatever topic
    0:06:45 it is on these other platforms.
    0:06:46 And then,
    0:06:47 you know,
    0:06:48 question mark,
    0:06:49 question mark,
    0:06:49 question mark,
    0:06:50 step three,
    0:06:51 monetize a profit.
    0:06:51 Right.
    0:06:52 It’s like,
    0:06:52 it’s not,
    0:06:54 it’s not as simple
    0:06:54 as it was,
    0:06:54 you know,
    0:06:56 just pasting in an AdSense
    0:06:57 or a Mediavine script
    0:06:58 and saying,
    0:06:58 well,
    0:06:59 now I get page views,
    0:06:59 so I got,
    0:07:00 I got revenue.
    0:07:00 Right.
    0:07:01 Yeah,
    0:07:02 exactly right.
    0:07:02 For,
    0:07:04 for a long time in particular,
    0:07:04 as you know,
    0:07:06 we talk about bloggers
    0:07:07 and blogging a lot,
    0:07:08 right?
    0:07:09 The model was like,
    0:07:09 okay,
    0:07:10 get this organic traffic
    0:07:11 from Google
    0:07:12 and now that pie is shrinking.
    0:07:15 I think a lot of content creators
    0:07:17 are trying to get that organic traffic,
    0:07:18 right,
    0:07:20 to avoid having to do paid media,
    0:07:21 but they’re doing it,
    0:07:22 like you said,
    0:07:22 Instagram,
    0:07:23 TikTok,
    0:07:24 Twitter,
    0:07:25 LinkedIn,
    0:07:26 pick your platform,
    0:07:27 YouTube,
    0:07:28 right,
    0:07:29 is a big one.
    0:07:30 And then what are they doing
    0:07:31 with that audience?
    0:07:32 It all just depends.
    0:07:34 But I agree that,
    0:07:35 hey,
    0:07:36 that should be maybe
    0:07:38 one arrow in your quiver
    0:07:39 of like,
    0:07:39 okay,
    0:07:41 what’s the organic reach
    0:07:42 that I can get?
    0:07:43 Where am I publishing my content?
    0:07:45 Pick a platform,
    0:07:45 whatever it is,
    0:07:46 Instagram,
    0:07:46 YouTube.
    0:07:47 Yeah,
    0:07:48 and I would probably say
    0:07:49 pick one to start with
    0:07:51 and like study it,
    0:07:51 learn it,
    0:07:51 own it,
    0:07:53 and go deep,
    0:07:53 you know,
    0:07:54 simplify first,
    0:07:54 diversify second.
    0:07:56 But then do lead them
    0:07:57 to a website
    0:07:58 or to an email list
    0:08:00 or some central hub
    0:08:00 where,
    0:08:01 hey,
    0:08:02 you interact
    0:08:03 with your audience
    0:08:04 on a more intimate
    0:08:05 level.
    0:08:05 A lot of businesses
    0:08:06 do that well
    0:08:08 and it’s just,
    0:08:09 I used to say,
    0:08:10 hey,
    0:08:11 go to Google
    0:08:12 and get that organic reach
    0:08:12 but maybe,
    0:08:13 yeah,
    0:08:13 it is more
    0:08:15 a social approach.
    0:08:16 I think that’s,
    0:08:17 I’m seeing that a lot.
    0:08:19 I think it’s going to lead
    0:08:20 to more thoughtful
    0:08:21 or more creative
    0:08:23 monetization strategies
    0:08:24 where it’s like
    0:08:25 if the game plan
    0:08:26 was to just,
    0:08:27 you know,
    0:08:28 blanket the web
    0:08:29 like trying to target,
    0:08:29 you know,
    0:08:30 long tail search queries,
    0:08:31 you’re going to have to have
    0:08:32 a more in-depth
    0:08:33 knowledge base
    0:08:34 around that topic
    0:08:35 to be able to
    0:08:37 monetize with a,
    0:08:38 you know,
    0:08:39 coaching or consulting program.
    0:08:40 Like,
    0:08:41 somebody’s specific
    0:08:41 probably going to have to go
    0:08:43 up market in a way
    0:08:44 if the bottom end
    0:08:45 of that information-based
    0:08:47 search traffic
    0:08:48 is just going to get
    0:08:48 eaten by AI.
    0:08:49 Yeah.
    0:08:50 And,
    0:08:50 you know,
    0:08:51 one other thing
    0:08:52 for people to consider
    0:08:54 that I’m seeing
    0:08:57 is video-first content
    0:09:00 is a bigger moat,
    0:09:01 right?
    0:09:02 It’s gaining in a lot
    0:09:02 of popularity.
    0:09:04 The platforms,
    0:09:04 TikTok,
    0:09:04 Instagram,
    0:09:05 YouTube,
    0:09:06 right,
    0:09:06 are probably,
    0:09:08 if you’re willing
    0:09:09 and able to get
    0:09:10 in front of the camera,
    0:09:12 create great videos,
    0:09:13 whether it’s short
    0:09:14 or long-form videos,
    0:09:17 that is going to
    0:09:18 have a little bit
    0:09:18 bigger moat
    0:09:19 than if you’re just
    0:09:20 to do written content
    0:09:21 because AI
    0:09:23 can spit out
    0:09:23 written content
    0:09:24 all day long,
    0:09:25 but it hasn’t quite
    0:09:26 gotten to the place
    0:09:27 where it can replicate
    0:09:29 you and I
    0:09:30 quite as well.
    0:09:31 There’s still a moat there.
    0:09:32 If you can do
    0:09:33 video-first content,
    0:09:34 I think you can build
    0:09:35 an audience faster.
    0:09:35 Okay.
    0:09:36 That makes sense.
    0:09:37 You played around
    0:09:39 with any AI-assisted video?
    0:09:39 Like,
    0:09:40 are you doing any
    0:09:40 Hayjin,
    0:09:41 Spencer,
    0:09:41 where it’s like
    0:09:42 your little avatar
    0:09:43 talking,
    0:09:43 on the screen?
    0:09:44 I haven’t gone
    0:09:45 as far as,
    0:09:45 you know,
    0:09:48 my avatar so much.
    0:09:49 AI B-roll,
    0:09:50 you know,
    0:09:51 elements that I can
    0:09:53 add to my videos,
    0:09:54 done some things
    0:09:55 like that,
    0:09:56 or other sort of
    0:09:57 silly B-roll.
    0:09:58 I had some B-roll
    0:09:59 on a YouTube video
    0:10:00 recently where
    0:10:01 I was talking
    0:10:03 to an artificial
    0:10:03 intelligence,
    0:10:05 you know,
    0:10:05 person.
    0:10:06 It was quite obvious
    0:10:07 that they were not real.
    0:10:08 It was sort of
    0:10:09 like an inside B-roll
    0:10:10 joke or whatever.
    0:10:12 so played around
    0:10:13 but not like
    0:10:14 made it a main
    0:10:15 portion of my
    0:10:16 videos at this
    0:10:17 point.
    0:10:17 Yeah,
    0:10:19 video first,
    0:10:20 social first,
    0:10:21 create that
    0:10:23 bigger moat
    0:10:24 where if you have
    0:10:24 that firsthand
    0:10:25 experience,
    0:10:25 like,
    0:10:26 and it’s you
    0:10:26 on camera,
    0:10:27 you’re building
    0:10:28 that relationship
    0:10:29 and trust
    0:10:30 that is a much
    0:10:31 deeper relationship.
    0:10:31 And same thing
    0:10:32 with podcasting,
    0:10:32 like,
    0:10:32 hard to build an
    0:10:33 audience,
    0:10:34 but once you have
    0:10:34 people paying
    0:10:35 attention,
    0:10:35 like,
    0:10:35 really,
    0:10:36 really valuable
    0:10:37 audience,
    0:10:37 especially if
    0:10:37 they’re going
    0:10:38 to spend
    0:10:40 45 minutes a
    0:10:40 week with you
    0:10:41 in their earbuds,
    0:10:41 right?
    0:10:42 You build that
    0:10:43 relationship much
    0:10:44 more powerfully
    0:10:45 than somebody,
    0:10:46 you know,
    0:10:47 Googling something
    0:10:47 and, like,
    0:10:48 skimming a blog
    0:10:48 post for,
    0:10:49 you know,
    0:10:50 90 seconds and
    0:10:51 then they’re on
    0:10:51 to the next
    0:10:51 thing.
    0:10:52 Yep,
    0:10:52 exactly.
    0:10:53 The next one
    0:10:54 on my list,
    0:10:55 it kind of
    0:10:56 relates to this
    0:10:57 video first,
    0:10:58 and maybe we
    0:10:58 could call it,
    0:10:58 you know,
    0:10:59 short form
    0:11:00 videos,
    0:11:01 eating everything,
    0:11:02 like,
    0:11:03 the TikTok-ification
    0:11:04 of the planet,
    0:11:05 but the one
    0:11:06 that comes
    0:11:06 to mind
    0:11:07 is the,
    0:11:08 it’s kind of
    0:11:09 like the,
    0:11:09 I’ll call it
    0:11:10 like the fall
    0:11:10 of the follower
    0:11:11 and the rise
    0:11:12 of the algorithm
    0:11:14 where it no
    0:11:15 longer,
    0:11:16 like,
    0:11:17 I’ll give you
    0:11:17 the example
    0:11:17 of like,
    0:11:18 if I log into
    0:11:19 Facebook or
    0:11:19 Instagram or any
    0:11:20 of these platforms,
    0:11:20 like,
    0:11:21 half of the stuff
    0:11:22 in my feed
    0:11:23 is from accounts
    0:11:24 that I don’t
    0:11:24 follow,
    0:11:25 have never
    0:11:25 followed,
    0:11:25 have no
    0:11:26 relationship with,
    0:11:27 but it’s stuff
    0:11:28 that the algorithm
    0:11:29 thinks I will
    0:11:29 like,
    0:11:31 and it does a
    0:11:31 pretty good job
    0:11:32 of that because
    0:11:32 like,
    0:11:32 for me,
    0:11:33 it’s like a lot
    0:11:33 of,
    0:11:34 you know,
    0:11:34 data visualization
    0:11:35 and maps
    0:11:36 or baseball
    0:11:37 statistics
    0:11:37 because it
    0:11:37 knows,
    0:11:38 it knows I’m
    0:11:39 going to stop
    0:11:39 and like,
    0:11:40 try and figure
    0:11:41 this out.
    0:11:41 Like,
    0:11:42 what is this
    0:11:42 thing trying
    0:11:42 to show me?
    0:11:43 Or on Instagram,
    0:11:44 it’s like a lot
    0:11:44 of like ski
    0:11:45 videos,
    0:11:45 like,
    0:11:45 oh,
    0:11:46 watch this guy
    0:11:46 go over
    0:11:46 some crazy
    0:11:47 jump.
    0:11:48 You have to
    0:11:49 watch the
    0:11:49 landing to see
    0:11:50 if he makes
    0:11:50 it.
    0:11:52 And they know
    0:11:52 it’s going to
    0:11:53 stop the scroll,
    0:11:54 even though I
    0:11:54 don’t follow
    0:11:55 any of these
    0:11:55 accounts.
    0:11:55 It’s like,
    0:11:56 it’s just a
    0:11:57 weird thing.
    0:11:58 So the good
    0:11:59 news is if
    0:11:59 you’re a new
    0:11:59 creator,
    0:12:00 if you create
    0:12:01 something that’s
    0:12:01 compelling,
    0:12:02 you have the
    0:12:02 chance to punch
    0:12:02 above your
    0:12:03 weight class
    0:12:03 and get seen
    0:12:04 by,
    0:12:04 you know,
    0:12:05 more than
    0:12:06 your three
    0:12:06 followers.
    0:12:07 The drawback
    0:12:08 is if you have
    0:12:08 a bit of a
    0:12:08 following,
    0:12:10 you still have
    0:12:10 to play the
    0:12:11 algorithms game.
    0:12:12 And,
    0:12:12 you know,
    0:12:13 unless it’s
    0:12:14 really compelling,
    0:12:14 even the people
    0:12:15 who do follow
    0:12:16 you probably
    0:12:16 not going to
    0:12:16 see your stuff.
    0:12:17 exactly.
    0:12:18 You know,
    0:12:18 on YouTube,
    0:12:19 we’ve always
    0:12:20 accepted this.
    0:12:20 When you go to
    0:12:21 your YouTube
    0:12:21 homepage,
    0:12:22 you expect to
    0:12:23 get recommended
    0:12:24 videos,
    0:12:25 right,
    0:12:26 that most of
    0:12:27 the videos you’re
    0:12:27 seeing in your
    0:12:28 recommendations are
    0:12:29 not channels that
    0:12:30 you’ve subscribed
    0:12:30 to, right?
    0:12:31 From day one,
    0:12:32 we’ve always just
    0:12:33 sort of accepted
    0:12:34 this on YouTube,
    0:12:35 but you’re exactly
    0:12:35 right.
    0:12:36 It’s creeped into
    0:12:37 Facebook,
    0:12:37 Instagram,
    0:12:39 other platforms
    0:12:40 where you go
    0:12:40 through.
    0:12:41 You’re not seeing
    0:12:41 your friends’
    0:12:42 posts anymore.
    0:12:43 You’re seeing,
    0:12:44 you know,
    0:12:45 whatever sort of
    0:12:45 interest the
    0:12:46 algorithm has
    0:12:47 assigned to you.
    0:12:47 And so,
    0:12:48 you know,
    0:12:48 hey,
    0:12:49 good for their
    0:12:50 business,
    0:12:50 I guess.
    0:12:50 It’s maybe
    0:12:52 increasing engagement,
    0:12:53 but you’re exactly
    0:12:54 right that I have
    0:12:55 seen like some
    0:12:56 really small
    0:12:57 Facebook pages,
    0:12:57 for example,
    0:12:59 that they can
    0:12:59 have something
    0:13:00 go absolutely
    0:13:01 viral.
    0:13:01 They only have
    0:13:02 10,000 followers,
    0:13:03 but one of their
    0:13:04 posts gets like
    0:13:06 10 million views,
    0:13:06 right?
    0:13:07 Just because for
    0:13:08 whatever reason,
    0:13:09 it’s triggered this
    0:13:10 algorithm and it
    0:13:10 can get in front of
    0:13:11 a really,
    0:13:12 really large audience.
    0:13:14 So there’s a lot
    0:13:15 of opportunity there
    0:13:16 if you can kind of
    0:13:17 figure out what
    0:13:18 types of content
    0:13:19 work really well
    0:13:19 and you can kind
    0:13:20 of game the
    0:13:21 algorithms a little
    0:13:22 bit on these
    0:13:22 platforms.
    0:13:24 But as a user,
    0:13:25 we may or may not
    0:13:26 love this situation,
    0:13:27 right?
    0:13:27 People call it
    0:13:28 brain rot.
    0:13:28 We’ve got a lot
    0:13:29 of brain rot in
    0:13:31 our feeds that we
    0:13:32 got to get past.
    0:13:33 So, you know,
    0:13:35 it’s, which one
    0:13:36 wins out there?
    0:13:36 I don’t know.
    0:13:37 But then it’s like,
    0:13:38 what’s the benefit
    0:13:39 to the creator?
    0:13:39 Like, okay,
    0:13:40 I got a lot of
    0:13:42 views, but is,
    0:13:43 I mean, is Facebook
    0:13:44 paying these creators
    0:13:46 like based on the
    0:13:47 views that you
    0:13:47 played around with
    0:13:48 their, what do they
    0:13:49 call it, like their
    0:13:49 partner program or
    0:13:51 publishing program or
    0:13:51 something?
    0:13:52 Yeah, their
    0:13:53 performance bonus
    0:13:55 program is exactly
    0:13:55 right.
    0:13:56 And I could talk
    0:13:56 about this a lot.
    0:13:57 I don’t know if
    0:13:58 this is like another
    0:13:59 side hustle, you
    0:13:59 know, whatever number
    0:14:00 we’re on here.
    0:14:01 Yeah, go for it.
    0:14:02 Facebook performance
    0:14:04 bonus program is a
    0:14:06 really interesting
    0:14:06 program.
    0:14:08 So think of it, I
    0:14:09 mean, think of it
    0:14:09 like the YouTube
    0:14:10 partner program,
    0:14:11 right?
    0:14:11 You know, we all
    0:14:12 see Mr. Beast videos,
    0:14:14 he has ads in his
    0:14:15 videos, the YouTube
    0:14:16 pays him, you know,
    0:14:18 AdSense revenue, ad
    0:14:18 revenue.
    0:14:19 That’s exactly what
    0:14:21 Facebook is doing that
    0:14:23 if you get accepted to
    0:14:24 this performance bonus
    0:14:25 program and not everyone
    0:14:26 gets accepted, but I do
    0:14:27 happen to have a
    0:14:28 Facebook page that is
    0:14:29 accepted so I can talk
    0:14:31 intelligently about this
    0:14:32 program, that once
    0:14:33 you’re accepted, you
    0:14:35 get paid based on
    0:14:36 essentially views and
    0:14:38 interaction of your
    0:14:39 posts, right?
    0:14:40 So if you do have
    0:14:41 something that goes
    0:14:42 viral, gets a million
    0:14:43 views, gets a ton of
    0:14:44 comments, gets a bunch
    0:14:45 of, you know, thumbs
    0:14:47 up or whatever, you
    0:14:48 will make more money.
    0:14:49 And so I have a
    0:14:50 particular page that my
    0:14:51 best month ever was
    0:14:53 just over $5,000 and
    0:14:54 that was about two
    0:14:55 months ago, right?
    0:14:56 On average now it’s
    0:14:58 doing $3,500 to $4,000
    0:14:59 a month and it’s just a
    0:15:01 very obscure, random
    0:15:03 topic that isn’t like,
    0:15:04 you know, popular.
    0:15:05 It’s not like mainstream
    0:15:06 news or anything.
    0:15:07 It’s more like
    0:15:08 nostalgic type stuff
    0:15:09 like, hey, remember the
    0:15:10 80s when this happened?
    0:15:12 That’s not really what my
    0:15:13 page is, but kind of
    0:15:14 in that vein, right?
    0:15:16 Nostalgic stuff.
    0:15:16 Okay.
    0:15:17 So I get some of that
    0:15:17 stuff too.
    0:15:18 Like here’s, you know,
    0:15:19 here was the billboard,
    0:15:21 you know, top 12 modern
    0:15:23 rock chart from 1994 and
    0:15:24 you’re like, I remember
    0:15:25 those songs.
    0:15:26 Exactly.
    0:15:28 Stuff kind of like that.
    0:15:29 Remember this, you know?
    0:15:29 Okay.
    0:15:30 And it might be an
    0:15:31 image of something that
    0:15:33 was, you know, from 20
    0:15:34 years ago or 30 years ago
    0:15:34 or whatever.
    0:15:35 Yeah.
    0:15:36 I remember like blowing
    0:15:37 into the Nintendo
    0:15:38 cartridge or…
    0:15:39 Exactly.
    0:15:39 Yeah.
    0:15:39 Yeah.
    0:15:40 Good stuff.
    0:15:41 Is this something that
    0:15:42 you’re, someone on your
    0:15:43 team is sourcing this type
    0:15:45 of material, like coming
    0:15:46 up with this on a
    0:15:46 consistent basis?
    0:15:48 Yes, it is.
    0:15:49 I’ve, you know, I
    0:15:50 managed it from, from
    0:15:52 the beginning, but like
    0:15:53 you, I’ve got a lot of
    0:15:54 other things going on.
    0:15:55 So I found somebody that
    0:15:57 they run it, they manage
    0:15:58 the entire process, they
    0:15:59 source the content, you
    0:16:00 know, write up the
    0:16:02 descriptions and interact
    0:16:03 with the Facebook page
    0:16:04 where they are essentially
    0:16:05 doing everything at this
    0:16:05 point.
    0:16:06 Okay.
    0:16:07 I’m just, you know, kind
    0:16:08 of managing and making
    0:16:08 sure everything’s
    0:16:09 working well.
    0:16:10 So it’s hardly any of my
    0:16:11 own time.
    0:16:13 So I, you know, pay this
    0:16:14 particular person, you
    0:16:15 know, VA to, to run it
    0:16:16 and manage it.
    0:16:17 And I take whatever
    0:16:18 profits I get.
    0:16:18 Yeah.
    0:16:20 Is it mostly image
    0:16:21 content, video, like
    0:16:22 what’s working well?
    0:16:22 Yeah.
    0:16:24 It’s pretty much image
    0:16:25 content.
    0:16:25 Yeah.
    0:16:26 Where we might ask a
    0:16:27 question about, you
    0:16:27 know, do you remember
    0:16:29 this or, you know, did
    0:16:30 you ever experience this
    0:16:31 or whatever it is, you
    0:16:32 know, we’ll write
    0:16:32 something on it.
    0:16:34 We might put a caption
    0:16:35 on the image, you know,
    0:16:36 but yeah, it’s, it’s
    0:16:37 image content.
    0:16:38 We don’t do any video
    0:16:40 content at this point.
    0:16:40 So.
    0:16:42 Okay.
    0:16:43 That’s an interesting
    0:16:43 one.
    0:16:43 Yeah.
    0:16:45 How many views it took
    0:16:47 to make that $5,000 plus
    0:16:48 the ramp up period to
    0:16:49 get there and more
    0:16:50 side hustle trends with
    0:16:52 Spencer coming up right
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    0:19:13 Yeah, so this particular
    0:19:14 page just got into the
    0:19:16 bonus program, I want to
    0:19:17 say July of last year.
    0:19:19 So that’s about nine
    0:19:20 months, something like
    0:19:21 that.
    0:19:22 And I don’t remember
    0:19:23 the first one or two
    0:19:25 months, but it was under
    0:19:25 $1,000.
    0:19:28 But quickly after that,
    0:19:30 since, you know, late
    0:19:31 last year, call it
    0:19:32 October, November, it’s
    0:19:33 been making a couple
    0:19:34 thousand dollars a month.
    0:19:35 So only, you know, two
    0:19:36 or three months of
    0:19:37 getting accepted.
    0:19:39 Now, the page was about
    0:19:40 a year old before that.
    0:19:41 Was it one that you
    0:19:42 started or did you buy
    0:19:43 it like for the
    0:19:44 existing base?
    0:19:45 I had started.
    0:19:46 I had started this
    0:19:47 particular page from
    0:19:47 scratch.
    0:19:48 Okay.
    0:19:49 And I was trying to
    0:19:50 send traffic to my
    0:19:52 website, you know, to
    0:19:53 you know, make things
    0:19:55 go viral, send them to
    0:19:56 the website, make money
    0:19:57 from the ads on my
    0:19:57 website.
    0:19:59 It was like maybe
    0:20:00 making a couple hundred
    0:20:01 dollars a month.
    0:20:02 But once I got accepted
    0:20:03 the performance bonus
    0:20:04 program, I went all in
    0:20:05 on I’m just keeping
    0:20:06 everybody on Facebook.
    0:20:08 I’m like hardly send
    0:20:10 them to my website at
    0:20:11 all because I’m making
    0:20:11 a lot more.
    0:20:13 And so to answer
    0:20:14 another, I think you
    0:20:15 asked like how many
    0:20:16 views does it take?
    0:20:18 So my highest viewed
    0:20:18 month where I made
    0:20:19 about just over
    0:20:20 five thousand
    0:20:21 dollars, there was
    0:20:24 30 million like views
    0:20:25 or impressions.
    0:20:25 Okay.
    0:20:25 Okay.
    0:20:26 Yeah.
    0:20:27 Like essentially 30
    0:20:28 million people scrolled
    0:20:29 past our content.
    0:20:29 Wow.
    0:20:29 Yeah.
    0:20:30 You know, at some
    0:20:30 point.
    0:20:31 So it’s a lot.
    0:20:33 But on Facebook, it
    0:20:35 can, I mean, things can
    0:20:35 absolutely, you know,
    0:20:36 blow up.
    0:20:37 It can add up.
    0:20:37 Okay.
    0:20:38 And the page has about
    0:20:39 a hundred thousand
    0:20:40 followers just so people
    0:20:41 are aware.
    0:20:41 Okay.
    0:20:42 So yeah, so it’s true.
    0:20:43 All those views have
    0:20:44 translated into some
    0:20:45 people clicking and
    0:20:46 saying, okay, we’ll
    0:20:46 follow you now.
    0:20:47 Exactly.
    0:20:47 Okay.
    0:20:48 Do you have a sense
    0:20:49 of how often your
    0:20:51 VA is posting new
    0:20:51 stuff?
    0:20:52 We post like 10 to
    0:20:53 15 times every day.
    0:20:55 So, so it’s a lot.
    0:20:56 So it’s, you know,
    0:20:57 it’s a serious thing.
    0:20:57 Oh yeah.
    0:20:58 Yeah.
    0:20:59 It’s two, three hours a
    0:20:59 day.
    0:21:00 She’s in there, you
    0:21:01 know, posting images and
    0:21:02 interacting.
    0:21:02 All right.
    0:21:03 Yeah.
    0:21:04 It’s a legit thing until,
    0:21:05 you know, Facebook ends
    0:21:06 their performance bonus
    0:21:07 program and it’s all
    0:21:07 crushed.
    0:21:10 But for now, you
    0:21:10 know, we’re putting a
    0:21:11 lot of effort into it and
    0:21:12 it’s working.
    0:21:13 Until, yeah.
    0:21:14 Until the rug gets, uh,
    0:21:15 gets pulled out.
    0:21:15 Right.
    0:21:16 The one that shows up
    0:21:17 a lot in my fee is Jeff
    0:21:18 Rose, um, like good
    0:21:19 financial sense.
    0:21:20 Like his stuff shows up
    0:21:20 a lot.
    0:21:21 Oh yeah.
    0:21:23 And he is like trying to
    0:21:24 trigger people politically.
    0:21:25 A lot of these, like he
    0:21:27 just grabs like screenshots
    0:21:28 of somebody, you know,
    0:21:29 and he’ll play both sides.
    0:21:30 Like I get the sense it’s
    0:21:31 like completely agnostic.
    0:21:32 I don’t really care.
    0:21:33 It’s like, but I want to
    0:21:35 spark those engagements,
    0:21:36 spark those reactions and
    0:21:38 try and get people to, uh,
    0:21:39 to click on this.
    0:21:41 I bet he, I imagine he’s
    0:21:42 doing pretty well with his
    0:21:43 bonus program as well.
    0:21:43 Yep.
    0:21:43 Yep.
    0:21:44 No.
    0:21:45 And that’s, that’s smart.
    0:21:46 We do similar things.
    0:21:47 So going to like your, you
    0:21:49 know, uh, Nintendo example,
    0:21:49 right?
    0:21:51 We might post an image of
    0:21:53 like nine games and say,
    0:21:54 pick your favorite if you
    0:21:55 were stuck inside all day
    0:21:55 or something.
    0:21:56 Right.
    0:21:57 And everybody, oh, Mike
    0:21:58 Tyson’s punch out, you
    0:21:59 know, that’s the one I want
    0:22:01 to do, or, you know, it’s
    0:22:02 stuff kind of like that.
    0:22:03 So it’s fun stuff.
    0:22:03 Yeah.
    0:22:05 It’s like engagement bait in
    0:22:05 a way.
    0:22:06 It’s like engagement bait
    0:22:07 sometimes.
    0:22:07 Totally.
    0:22:08 Oh, this is great.
    0:22:09 Yeah.
    0:22:09 I get people debating.
    0:22:10 Oh, for sure.
    0:22:11 Okay.
    0:22:12 I haven’t applied to do
    0:22:12 this.
    0:22:14 I, you know, maybe need, um,
    0:22:15 I need to find a VA like
    0:22:16 yours to come up with this
    0:22:17 type of content, even if it’s
    0:22:18 side hustle related, that
    0:22:19 could be an interesting way
    0:22:21 to, to grow the page and
    0:22:22 another revenue stream.
    0:22:23 If the, if the page views
    0:22:24 are going down on the main
    0:22:24 site.
    0:22:25 Yeah, absolutely.
    0:22:26 There’s potential there.
    0:22:27 All right.
    0:22:28 What’s, uh, what’s next on
    0:22:29 the list for you?
    0:22:30 Let’s see.
    0:22:31 We kind of talked about
    0:22:33 artificial intelligence kind
    0:22:35 of showing up everywhere, but
    0:22:36 there’s people that are truly
    0:22:37 starting like artificial
    0:22:39 intelligence businesses, right?
    0:22:42 So call it vibe coding, right?
    0:22:43 We now have people using these
    0:22:46 tools that they’re not coders,
    0:22:47 that they’re building software
    0:22:49 products, they’re building apps,
    0:22:51 they’re building little tools
    0:22:53 that people are paying for or
    0:22:54 using, right?
    0:22:56 And so if you have followed
    0:22:58 Peter levels on Twitter, for
    0:23:02 example, he’s built a game using
    0:23:03 artificial intelligence.
    0:23:06 It’s like a airline simulator.
    0:23:08 It’s a, okay, like a airplane
    0:23:10 simulator, uh, type game that
    0:23:11 thousands of people can play at
    0:23:12 the same time.
    0:23:14 So everybody’s like doing flight
    0:23:15 simulators together.
    0:23:16 So you gotta, I don’t know, I
    0:23:17 haven’t played it, but you’re
    0:23:19 dodging other planes and it’s
    0:23:21 just absolutely, you know, blown
    0:23:23 up, but he built it all with
    0:23:24 artificial intelligence.
    0:23:26 And he has a large following.
    0:23:30 So he, uh, has been able to,
    0:23:31 you know, get a lot of users
    0:23:32 very quickly, right?
    0:23:34 That’s a big part of it is
    0:23:35 having that built in audience.
    0:23:37 And now he has sponsors in the
    0:23:39 game that are paying like, Hey,
    0:23:41 we’ll sponsor the cloud or we’re
    0:23:42 sponsor the building.
    0:23:42 Right.
    0:23:45 And so he posted, but it’s, I
    0:23:46 mean, it’s insane numbers.
    0:23:48 Like it’s over $50,000 he’s
    0:23:49 made in this.
    0:23:51 It’s, it’s like less than a
    0:23:52 month old.
    0:23:52 Right.
    0:23:53 Wow.
    0:23:54 And so, but there’s lots of
    0:23:56 other examples now of people that
    0:23:58 are building tools and apps and
    0:24:00 actually selling them or, you
    0:24:02 know, allowing people to use
    0:24:04 them all using, you know, cursor
    0:24:06 dot AI as a tool.
    0:24:08 There’s lovable AI.
    0:24:10 There’s all these tools you can
    0:24:12 use where you basically chat, you
    0:24:14 know, you chat with the AI and it
    0:24:16 builds the app for you.
    0:24:17 Yeah.
    0:24:17 Isn’t that nuts?
    0:24:19 Just like natural language.
    0:24:20 This is what I want to build.
    0:24:20 It’s crazy.
    0:24:21 Yeah.
    0:24:22 We did a whole episode about
    0:24:24 this with Pete McPherson from do
    0:24:25 you even blog.
    0:24:28 He’s built out a handful of these
    0:24:29 different tools.
    0:24:31 His latest one is like, um, you
    0:24:32 know, an email list gadget list
    0:24:33 gadget, I think it’s called, but
    0:24:36 he’s got several of these exited at
    0:24:36 least one of them.
    0:24:39 And it was really interesting how
    0:24:40 you recommended.
    0:24:40 Okay.
    0:24:41 I want to start off by asking
    0:24:44 chat GPT, like, Hey, I want to
    0:24:46 build this big picture.
    0:24:47 What do I need?
    0:24:49 And it’ll list out like, here’s
    0:24:50 what you need to do.
    0:24:51 It’s like step two, go to
    0:24:52 cursor, natural language.
    0:24:53 Here’s what I want to build.
    0:24:54 These are the features of
    0:24:55 functionality that I want to
    0:24:55 have.
    0:24:57 Uh, this is what I’m thinking.
    0:24:59 It’s like, boom, boom, boom.
    0:24:59 You know, it’s like, and now you
    0:25:01 have a semi working version and
    0:25:03 then you ask, you know, if you
    0:25:05 ask it to troubleshoot itself and
    0:25:06 do the QA testing.
    0:25:06 Yeah.
    0:25:09 And now you got to go figure
    0:25:11 out the marketing and sales piece
    0:25:12 is always the challenge of that.
    0:25:14 And his recommendation was to
    0:25:15 like, you know, start with your
    0:25:17 own pains and problems, scratch
    0:25:17 your own itch.
    0:25:19 And like, we call the kind of
    0:25:21 unbundling of different tools
    0:25:23 where I may not need the whole
    0:25:25 feature set of an Ahrefs, for
    0:25:27 example, but like, if I could do
    0:25:28 this one little piece of it, you
    0:25:29 know, okay, maybe that’s
    0:25:31 something that people would be
    0:25:32 worth paying nine bucks a month
    0:25:34 for 19 bucks a month for.
    0:25:34 Yeah.
    0:25:36 Now it’s super fascinating.
    0:25:38 And I’ve seen, I’ve seen
    0:25:40 several examples, kind of like
    0:25:41 you mentioned, of people that
    0:25:43 are building tools, maybe
    0:25:44 they’re not even selling them,
    0:25:45 but they’re building tools for
    0:25:47 their own business to just make
    0:25:48 their life a little bit more
    0:25:50 efficient, like building their
    0:25:51 own essentially WordPress
    0:25:51 plugin.
    0:25:53 Like I want, you know, something
    0:25:55 to do this on my website or
    0:25:57 fix, you know, a thousand
    0:26:00 images, you know, and I, I don’t
    0:26:00 know how to do that.
    0:26:02 I’m not a programmer, but I’m
    0:26:04 smart enough to ask an AI tool
    0:26:05 how to do that.
    0:26:06 And it spits out code for me,
    0:26:07 right.
    0:26:08 To improve my own business.
    0:26:09 Yeah.
    0:26:11 The one that I got all excited
    0:26:12 about the other night was maybe
    0:26:14 this could just be like a custom
    0:26:16 GPT tool is like, so ever after
    0:26:19 every episode hit stop recording,
    0:26:21 my next step is to look at the
    0:26:22 transcript and kind of markup for
    0:26:24 the editor, you know, the, the
    0:26:26 questions that didn’t really land or
    0:26:27 where the conversation went off the
    0:26:28 rails, right.
    0:26:29 Just to tighten that up a little bit
    0:26:31 and provide a better listening
    0:26:31 experience.
    0:26:33 my thought is to build that custom
    0:26:35 GPT, like feed in a bunch of
    0:26:36 before and afters.
    0:26:37 Like here was the original
    0:26:38 recording.
    0:26:39 Here’s what made the final cut
    0:26:40 learned from this, maybe upload
    0:26:41 10 or 15 of those.
    0:26:43 And then like, here’s the next
    0:26:44 raw transcription.
    0:26:45 Like, could you provide some
    0:26:48 suggestions on what to trim from
    0:26:49 this episode to tighten it up a
    0:26:51 little bit and just to see what
    0:26:52 kind of results, maybe that would
    0:26:55 speed up my review process a
    0:26:55 little bit.
    0:26:56 Yeah.
    0:26:57 Now there’s like so many
    0:26:59 applications of different things
    0:27:00 that you can do across your
    0:27:01 entire business.
    0:27:03 It’s a, it’s an exciting time,
    0:27:04 right?
    0:27:06 But things are changing so fast.
    0:27:08 But the, the good news is that
    0:27:10 like such a small percentage of
    0:27:11 people out there, even though
    0:27:13 everybody listening may have heard
    0:27:15 that, Hey, I, I can actually get
    0:27:17 AI to do some coding for me.
    0:27:17 Yeah.
    0:27:20 Very, very few people actually take
    0:27:22 that step to actually build
    0:27:22 something still.
    0:27:25 So the opportunities there, you
    0:27:27 just still need to be willing to
    0:27:29 jump in, take a risk, you know,
    0:27:32 build out your idea and, and do
    0:27:32 it.
    0:27:35 So it’s potentially becoming
    0:27:37 cheaper to build a software
    0:27:37 business.
    0:27:38 And there’s still opportunity
    0:27:39 there.
    0:27:40 I do think for the next few
    0:27:42 years, there’s still only going
    0:27:43 to be a tiny sliver of people
    0:27:45 that actually take that step and
    0:27:45 do this.
    0:27:46 Yeah.
    0:27:48 This is an interesting one from a
    0:27:50 software entrepreneur like
    0:27:51 yourself, like, Oh, if we go
    0:27:53 back 15 years ago, you know, this
    0:27:55 long tail pro just take a fraction
    0:27:56 of the development time and
    0:27:58 effort and cost to, to build
    0:28:00 something, uh, today.
    0:28:01 Probably so.
    0:28:02 Yeah.
    0:28:03 Yeah, exactly.
    0:28:05 If I were to start from scratch,
    0:28:07 you know, I’d probably still have
    0:28:09 to work with a developer, but I
    0:28:11 bet I could get it 50% of the way
    0:28:12 there.
    0:28:13 You know what I mean?
    0:28:13 Yeah.
    0:28:14 Yeah.
    0:28:15 It would definitely be way
    0:28:16 cheaper to, to build something
    0:28:17 now.
    0:28:18 I like this idea of building
    0:28:19 something for your own use.
    0:28:21 And then maybe with a few
    0:28:23 tweaks, it’s almost like white
    0:28:24 labeling to a different
    0:28:25 audience.
    0:28:26 Like if somebody else of
    0:28:28 another podcaster wanted to
    0:28:30 utilize the same, you know,
    0:28:32 editing assistant, you know,
    0:28:33 maybe they could do that.
    0:28:34 And then maybe someday a
    0:28:35 Descript wants to buy that
    0:28:37 from me and I’ve got a nice
    0:28:38 little chunk of change for my
    0:28:38 exit.
    0:28:39 Yeah, exactly.
    0:28:41 And so here’s another side
    0:28:42 hustle trend that I’m seeing
    0:28:44 that’s very related, right?
    0:28:45 So I think we piggyback on
    0:28:48 this is creating free tools or
    0:28:51 free websites that perhaps
    0:28:53 are, you know, generated with
    0:28:55 AI or not, right?
    0:28:58 It either way, but I’ve been
    0:29:00 covering on my YouTube channel.
    0:29:04 I cover a lot of free games or
    0:29:06 free tools, you know, free
    0:29:08 calculators, a lot of these
    0:29:09 things, like for example, a
    0:29:11 couple of them are really
    0:29:13 simple tools, like a YouTube
    0:29:14 thumbnail downloader.
    0:29:16 All you do is you pop in the
    0:29:18 YouTube URL and it pulls the
    0:29:20 thumbnail for you, right?
    0:29:23 Another tool I covered is you
    0:29:25 upload an image of yourself and
    0:29:27 AI detects the shape of your
    0:29:28 face.
    0:29:29 You know, do you have a round
    0:29:33 face or an oblong face or an
    0:29:34 olive face?
    0:29:35 Like I didn’t even know this
    0:29:36 thing existed, right?
    0:29:38 But for example, the face shape,
    0:29:40 it’s called, oh, what’s the
    0:29:40 website?
    0:29:42 Anyways, I can’t remember the
    0:29:44 exact website that it’s called,
    0:29:46 but it gets something like
    0:29:48 two and a half million visitors
    0:29:49 every month.
    0:29:49 Wow.
    0:29:50 That are coming.
    0:29:51 People just, they want to know
    0:29:52 the shape of their face.
    0:29:54 It’s a little like face, face
    0:29:55 shape quiz thing.
    0:29:55 Yeah.
    0:29:57 It’s like face shape AI.
    0:29:58 You upload an image of
    0:29:59 yourself.
    0:30:00 It says, oh, you’ve got an
    0:30:01 oblong face, you know,
    0:30:02 congrats.
    0:30:04 They’re just monetized with
    0:30:04 ads, right?
    0:30:06 But there’s lots of
    0:30:07 calculators.
    0:30:08 Like there’s a sleep
    0:30:09 calculator.
    0:30:11 A fun one is snow day to
    0:30:12 calculator.com.
    0:30:14 You put in your zip code
    0:30:16 and it predicts if you’re
    0:30:17 going to have a snow day
    0:30:17 tomorrow.
    0:30:20 Like is it, what, what are
    0:30:21 the odds that school’s going
    0:30:22 to be canceled tomorrow?
    0:30:22 Right.
    0:30:23 Okay.
    0:30:25 And that gets like 3 million
    0:30:26 visitors a month during the
    0:30:26 winter months.
    0:30:27 Right.
    0:30:27 Wow.
    0:30:28 So there’s a lot of these
    0:30:30 little either free tools or
    0:30:31 there’s lots of games.
    0:30:33 There’s tons of examples of
    0:30:34 games out there.
    0:30:35 Like you could just think of
    0:30:36 some, you know, silly word
    0:30:38 game or shape game or
    0:30:39 whatever it is.
    0:30:42 You make it free, monetize
    0:30:42 with ads.
    0:30:44 The thing can be built with
    0:30:46 AI or simple coding, right?
    0:30:48 So, so a lot of these free
    0:30:50 websites, free tools, a lot
    0:30:51 of these things I’m still
    0:30:53 seeing do, do really, really
    0:30:53 well.
    0:30:55 And you know the secrets
    0:30:57 behind the, what’s driving
    0:30:58 the traffic for like the
    0:31:00 face shape predictor or the
    0:31:01 snow day predictor or anything
    0:31:01 like that?
    0:31:03 Well, the, like the face
    0:31:05 shape one does really well
    0:31:05 in Google.
    0:31:07 It is getting a lot of
    0:31:08 organic traffic.
    0:31:09 And this is something people
    0:31:10 are searching for.
    0:31:12 Like here, if I, if I search
    0:31:14 what’s the shape of my face, I
    0:31:17 want to get the, oh,
    0:31:20 detectfaceshape.com is the
    0:31:20 website.
    0:31:20 Okay.
    0:31:21 Right.
    0:31:22 Yes.
    0:31:23 People are searching for
    0:31:24 this.
    0:31:25 I was, I was blown away.
    0:31:27 Like the, the keywords, like
    0:31:28 it’s hundreds of thousands of
    0:31:30 searches every month for a
    0:31:30 bunch of these.
    0:31:32 So, so that is a Google play.
    0:31:33 The snow day calculator one
    0:31:35 gets a lot of repeat
    0:31:35 visitors.
    0:31:37 Once people find it, they
    0:31:38 just know, Hey, this is, I
    0:31:39 don’t know why so many people
    0:31:41 look at this, but people that
    0:31:42 want to get out of school,
    0:31:44 they’re, Hey, a hundred percent
    0:31:45 sounds like something my kids
    0:31:46 would check every morning.
    0:31:46 Exactly.
    0:31:48 There’s clouds today.
    0:31:49 Maybe I can get out of school
    0:31:49 tomorrow.
    0:31:50 Exactly what they’re doing.
    0:31:51 Yeah.
    0:31:51 And you’re like, well, it’s
    0:31:53 54 degrees, so don’t get your
    0:31:53 hopes up.
    0:31:54 That’s right.
    0:31:55 It’s fun stuff.
    0:31:56 No, this is cool.
    0:31:57 I, this has always kind of
    0:31:59 been on the, the back burner,
    0:32:00 you know, what, what is kind of
    0:32:02 the niche tool or a little
    0:32:05 calculator and, and maybe with
    0:32:06 the, with the help of AI, maybe
    0:32:07 it’s a little simple game.
    0:32:09 One that we talked about, um,
    0:32:11 after a recent trip, we went to
    0:32:13 Hawaii with the family and we’re
    0:32:15 snorkeling along and, you know,
    0:32:17 my six-year-old will tell you the
    0:32:18 story of like, you know, the
    0:32:20 giant turtle attack is like, of
    0:32:21 course the turtle is paying him
    0:32:22 no mind at all, but like the
    0:32:23 water was kind of cloudy and it
    0:32:24 shows up like two feet in front
    0:32:25 of our face.
    0:32:25 Oh yeah.
    0:32:26 Scary.
    0:32:28 So he’s like freaking out and I’m
    0:32:29 like, dude, did he see a shark
    0:32:30 or something?
    0:32:31 You know, it’s a, maybe we
    0:32:33 can make, um, like a crossy road
    0:32:35 style game, but it’s like turtles
    0:32:36 and sharks and jellyfish, like
    0:32:37 something where you have to like
    0:32:39 go across the ocean this way.
    0:32:39 I like it.
    0:32:40 There, you know, maybe there’s
    0:32:42 something, a little browser-based
    0:32:44 game that you could do based on
    0:32:44 that.
    0:32:45 And who knows?
    0:32:46 Maybe people find it.
    0:32:47 Yeah, absolutely.
    0:32:48 I honestly think there are
    0:32:51 thousands of ideas that sometimes
    0:32:53 the sillier, the better, right?
    0:32:55 Because they might have chance to
    0:32:55 go viral.
    0:32:57 I either create a really great
    0:32:58 game, right?
    0:33:00 Or if it’s something silly, that’s
    0:33:02 fun that people might talk about,
    0:33:04 you know, it’s got the opportunity
    0:33:05 to be shared a lot and can do
    0:33:06 well.
    0:33:08 So lots of opportunity there.
    0:33:08 Yeah.
    0:33:10 One, there was something, I saw a
    0:33:12 Twitter post about this and I’ll see
    0:33:13 if I can dig it up for the show
    0:33:15 notes, but it was a bunch of like
    0:33:17 software or little tool ideas.
    0:33:19 And it was, you know, sometimes it’s
    0:33:21 something simple, like how to improve
    0:33:23 images in Word or like, you know,
    0:33:25 maybe you can kind of piggyback a
    0:33:28 question-based query with Word, Excel,
    0:33:30 you know, some software tool and like
    0:33:33 maybe there’s some like layer on that
    0:33:36 you could add to that for a workplace.
    0:33:37 So, you know, maybe if people are
    0:33:39 swiping the company credit card, they
    0:33:41 don’t, they think less about it than
    0:33:42 pulling out their own money.
    0:33:43 So maybe there’s, there’s something
    0:33:44 there.
    0:33:44 Yeah.
    0:33:47 And to piggyback on that a little
    0:33:49 bit, you know, we talked about, Hey,
    0:33:50 you know, Google is changing organic
    0:33:52 traffic is searching for a lot of
    0:33:53 content creators.
    0:33:56 The one area that I am seeing organic
    0:33:58 traffic still do really, really well
    0:34:02 are these tools, these games, right?
    0:34:05 Because when somebody is searching for
    0:34:06 that particular problem, you know, what
    0:34:09 is the shape of my face or whatever the
    0:34:11 query is, you know, they actually do
    0:34:13 need to go to that tool or that
    0:34:15 website to, to get that information.
    0:34:18 So yeah, that is the one area that if
    0:34:20 you want to try and get that organic
    0:34:22 search, you need to be thinking more
    0:34:26 about tools, actual products or games, you
    0:34:27 know, something people can go to and
    0:34:29 actually use and interact with on your
    0:34:30 website.
    0:34:32 Okay, very cool.
    0:34:36 The next one that I have on my list is what
    0:34:38 I, what I’m calling the death of the online
    0:34:41 course in the rise of the higher touch, higher
    0:34:42 engagement offer.
    0:34:45 And I don’t know if this is a factor of AI or a
    0:34:48 factor of just like online course fatigue, where
    0:34:53 it’s like that lower ticket, maybe the hundred to
    0:34:58 $500 online courses make a really, a really
    0:35:00 difficult place to play in right now, in my
    0:35:00 opinion.
    0:35:03 And what we’re seeing is a shift towards the, you
    0:35:06 know, thousand, 2000, you know, maybe two to
    0:35:07 $10,000.
    0:35:11 Um, yeah, as much as $30,000 for like some really
    0:35:12 high touch.
    0:35:14 You have a dedicated coach who’s going to hold
    0:35:15 your hand.
    0:35:19 Maybe there’s some, uh, you know, on-site local, you
    0:35:21 know, retreats or workshops that are included in
    0:35:24 this, but it’s, um, it can kind of a transition
    0:35:29 away from a purely on-demand pre-recorded video
    0:35:33 based course to a more, uh, high engagement.
    0:35:35 Maybe there’s a community element to this.
    0:35:37 Maybe there’s live, uh, live coaching elements.
    0:35:39 And so if you’re thinking about structuring an
    0:35:43 offer, that’s just something to keep in mind for, um,
    0:35:44 you know, going forward.
    0:35:44 Yeah.
    0:35:47 And I think part of that is that, uh, there’s so
    0:35:50 much information for free on YouTube through video
    0:35:51 content.
    0:35:53 I think that’s part of it, right?
    0:35:57 Is that, Hey, maybe I used to buy a video course for
    0:36:02 $200 or $500, but now I can get 90% of the way there
    0:36:04 just with free content on YouTube.
    0:36:08 So, so people are like, eh, if it’s just video, maybe,
    0:36:11 maybe I’m not going to do it, but I do believe that
    0:36:12 you’re exactly right.
    0:36:16 Uh, more and more people are craving in-person type
    0:36:20 meetups, uh, or community based, you know, where you can
    0:36:24 interact either in, in smaller groups, you know, maybe you
    0:36:28 have a mastermind that’s part of this, uh, community that you
    0:36:31 can meet up with on a regular basis, or you get that more
    0:36:31 high touch.
    0:36:34 Like you said, um, that, that’s what I’m seeing.
    0:36:38 And, and same with me, you know, I am, I’m part of an
    0:36:43 online community that I paid for, for, uh, a few years, but I
    0:36:46 don’t pay for the, uh, education part of it.
    0:36:50 It’s really just the community part of it, uh, that I I’m
    0:36:52 there because I like the people that are in the community.
    0:36:56 And, you know, when I have a problem, I have a group of
    0:36:59 people I know, and I trust, I know they’re experienced, I can
    0:37:01 bring up an issue and I know I’ll get an answer.
    0:37:01 Yeah.
    0:37:05 This community based, we’ve seen people shifting from like a
    0:37:08 on-demand evergreen model to more of a cohort based.
    0:37:10 If you’re going to do the course thing, it’s like, we’re all
    0:37:11 going to go through this together.
    0:37:15 It has a defined start date and a defined end date.
    0:37:18 And we, you know, everybody, there’s no working ahead.
    0:37:21 Like we’re going to do this, uh, together like that safety and
    0:37:24 numbers or strength and community, uh, I think can, can work
    0:37:25 really well.
    0:37:27 And it makes it probably easier to sell than just something.
    0:37:28 Well, it’s, it’s always available.
    0:37:29 You can buy it tomorrow.
    0:37:30 You can buy it the next week.
    0:37:31 Doesn’t really matter.
    0:37:32 It’s like, you got to get in.
    0:37:34 Cause we’re starting on Tuesday.
    0:37:35 Yep, exactly right.
    0:37:35 Yeah.
    0:37:39 I think, uh, those types of models work well, seems to be the
    0:37:39 trend.
    0:37:40 That’s what I’m seeing.
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    0:40:25 One other trend that I found interesting, or maybe this has been going on forever, and I was just like playing in the organic sandbox too much, but like, you know, more and more entrepreneurs incorporating paid media, paid traffic, paid acquisition strategies, and really trying to break down their value chain of, well, what is a customer ultimately worth at the end of the funnel?
    0:40:27 Or, you know, what is a customer?
    0:40:28 Or, you know, what is a visitor really worth to me?
    0:40:29 What’s an email subscriber worth to me?
    0:40:32 How can I go out and profitably buy those customers?
    0:40:34 Like, it was insane.
    0:40:39 The amount of money flowing through Meta from one mastermind group or coaching group I was a part of last year.
    0:40:45 It’s like, everybody in the room was spending thousands, tens of thousands of dollars a month with Mr. Zuckerberg.
    0:40:48 And I was like, dude, what an amazing business that they built.
    0:40:48 Yeah.
    0:40:50 Yep, exactly right.
    0:41:09 But, I mean, that’s sort of the golden opportunity that’s always been there, is that if you know that it costs you a dollar to acquire a customer, and you can make $2 for every customer that you get in the door, you’re going to just spend as much money as you possibly can, right?
    0:41:21 And I’ve personally never landed on that perfect business where I can just spend tens of thousands of dollars every month, and I know I’m going to make tens of thousands of dollars in profit because I’m buying that traffic.
    0:41:22 But some people have.
    0:41:23 Some people have.
    0:41:28 You know, one of those examples that has been very public about it is Matt Paulson.
    0:41:39 And he owns MarketBeat.com, where it’s a financial newsletter business where he spends essentially as much money as he possibly can to get people on his email list.
    0:41:44 And he now has, I think it’s, it was either five or six million subscribers that he just passed.
    0:41:44 Wow.
    0:41:45 On his email list.
    0:41:48 So it’s a huge business at this point.
    0:41:56 And he’s calculated out, okay, I know I’m going to make this much in the first week, you know, because we send this many emails and this many convert.
    0:42:00 We know we’re going to make this much after the first month or lifetime value of the customer.
    0:42:04 And so he just keeps pouring gas on the, on the fire there.
    0:42:05 Well, yeah.
    0:42:08 So you can get that flywheel spin and yeah, spend as much as you can.
    0:42:08 Yep.
    0:42:09 Exactly right.
    0:42:13 And so this might be part B of this side hustle trend.
    0:42:19 The trend that maybe has been around for a little while is newsletters, newsletters as a business, right?
    0:42:29 I think is what I’ll put that category in is a lot of people are sort of foregoing the traditional website and they’re truly just focusing on.
    0:42:36 We just get people on the email list and then we have sponsors that pay to be listed in our email newsletter, right?
    0:42:37 A little ad spot.
    0:42:46 And so you get 50,000 or a hundred thousand people on your email list and you know you’re going to make a thousand dollars every time you send an email newsletter out to your list.
    0:42:48 You do that two times a week, right?
    0:42:50 All of a sudden you’re making eight, $10,000 a month.
    0:42:59 And so this has been a trend, definitely a side hustle trend that I’ve seen is monetized email newsletters and that is the platform.
    0:43:00 Like that’s it.
    0:43:01 Yeah.
    0:43:02 It’s, it’s interesting.
    0:43:05 Well, we create all this content with the goal of getting people on my newsletter.
    0:43:16 What if the newsletter is the content and that’s working really well for some people and maybe an even clearer path towards that lifetime value of a subscriber metric that you’re trying to.
    0:43:20 Figure out and like, okay, now I can go out and, and buy subscribers.
    0:43:26 Essentially, we’ve talked with Ryan’s men on like the Naptown scoop, like local newsletter for Annapolis.
    0:43:32 It’s like, well, you know, based on this ad load and this frequency, it’s like exactly what you described.
    0:43:34 Like, oh, I, yeah, I can totally go out and buy subscribers.
    0:43:38 But like for a local newsletter, it’s like, well, the population is 80,000.
    0:43:46 Like I’m going to cap out at some point where it’s like, you know, the market share is only so big, but for something that is a little bit broader than, uh, you
    0:43:47 really can go huge with it.
    0:43:47 Yep.
    0:43:50 Or you go to more locations, right?
    0:43:50 It’s true.
    0:43:51 Franchise it out.
    0:43:51 Yeah.
    0:43:53 We do five cities now, you know, or whatever.
    0:43:55 So, but yeah, yeah.
    0:43:58 It’s super interesting, you know, email newsletters as a business.
    0:43:58 Yeah.
    0:44:03 And we’ve got a few newsletter based episodes that went with Ryan on the local side.
    0:44:08 We’ve done, uh, Cody Sanchez has been on the show like early on in her journey, this journey
    0:44:11 to her first, like 50,000 subscribers.
    0:44:13 So definitely a viable model there.
    0:44:16 If, you know, if the websites are going to be a little more difficult, there’s other ways
    0:44:20 to monetize that content, other ways to create and share that content.
    0:44:27 The next one on my list is what I’m calling everything as a service.
    0:44:29 You know, you can’t just pay for something now.
    0:44:30 You got to pay for it every month.
    0:44:36 And I don’t know if this is, you know, the product of Netflix or product of, you know, everything
    0:44:39 is just, you know, it’s a tiny amount.
    0:44:41 It’s just, you know, a little bit.
    0:44:44 And it becomes from the consumer side, like, oh, well, this is, hey, sure.
    0:44:45 I can afford that.
    0:44:47 But at a certain point, it’s like the death by a thousand paper cuts.
    0:44:51 So it’s like, oh, it’s just one more, there’s one more little SaaS tool to add on.
    0:44:56 But from the entrepreneur’s standpoint, it’s almost baked into your pricing model, this
    0:44:59 assumption that it’s going to be a recurring monthly thing.
    0:45:04 And so you can lean into that and get people used to, used to paying for your thing over
    0:45:05 and over again.
    0:45:05 Yep.
    0:45:06 Yeah.
    0:45:11 And I was just looking at a perfect example of this, a hosting company, you know, where
    0:45:16 usually, you know, in the past, you might get a domain along with your, you know, hosting
    0:45:16 package.
    0:45:23 But now a lot of hosting companies, you get a full website builder, you know, that’s
    0:45:26 a visual builder, you get the hosting, you get the domain.
    0:45:31 Now some are offering AI tools, you get an AI image generator, you get an AI, you know, writer,
    0:45:38 you get, you know, an AI blogging tool, you get, you know, it’s like everything to like
    0:45:40 run your online business now.
    0:45:44 And it’s just one friendly, you know, monthly fee, right?
    0:45:49 But, but yeah, I’m seeing that more and more as you know, these, these companies that are
    0:45:51 building in lots of tools.
    0:45:55 It’s like, well, I’ll just, you know, spend 10 bucks a month to do all that then, I guess.
    0:45:56 Yeah.
    0:45:57 Makes sense.
    0:46:03 If you’re, you’re providing a consistent service, if there’s a community element to what you’re
    0:46:06 doing, like, Hey, you know, it’s 50 bucks a month, it’s a hundred bucks a month.
    0:46:08 Stay a member of this community.
    0:46:10 We’ve seen people doing paid newsletters.
    0:46:10 Sure.
    0:46:15 The free newsletter tier offers this, this, and this, but you know, the paid tier offers,
    0:46:17 you know, a way you’re just seeing the tip of the iceberg.
    0:46:22 So here’s, you know, more in depth, you know, curated content, whatever is behind the paywall.
    0:46:28 Now we talked about it in the context of little micro SAS projects, software tools, lots of
    0:46:30 different ways to, to go about it.
    0:46:35 But thinking of that recurring revenue first versus a, a one-off purchase.
    0:46:37 And this relates to the online course thing too.
    0:46:40 It’s like, Hey, I’m going to collect $200 one-time upfront payment.
    0:46:42 You got lifetime access to the thing.
    0:46:46 We’ve seen a little bit of a shift and maybe it’s the entrepreneurs getting a little more savvy.
    0:46:48 Well, that’s great for my launch.
    0:46:50 But then what happens 12 months later?
    0:46:54 It’s like, and I keep having to serving these, keep having to serve these people over and over
    0:46:55 again without collecting any additional revenue.
    0:47:01 So we’ve seen people shift that pricing model to more of a community-based or, or add a recurring
    0:47:01 element to it.
    0:47:02 Yep.
    0:47:04 I think that’s smart business.
    0:47:07 Anytime you can add recurring revenue, I think that’s smart business.
    0:47:08 Cool.
    0:47:09 Oh, you got another one?
    0:47:10 Yeah, I do.
    0:47:12 Um, I’ve got a couple more.
    0:47:16 This is a, I don’t know if you call this a side hustle trend, other than I’ve seen this
    0:47:16 opportunity.
    0:47:18 And I haven’t seen it talked about a lot.
    0:47:20 I don’t know if it’s been covered on the side hustle show.
    0:47:21 Maybe it has been.
    0:47:27 So forgive me if this has been mentioned, but people are publishing content on MSN.
    0:47:34 So I don’t know if you’ve seen small publishers, you know, MSN.com truly MSN.com.
    0:47:34 Yeah.
    0:47:38 A lot of older people tend to still have that as their homepage.
    0:47:44 It gets millions and millions of views every month, but you can be a publisher to contribute
    0:47:46 content to MSN.
    0:47:50 And, uh, I just had a buddy just this last month.
    0:47:58 He’s had a few things go really viral and he made, uh, just over $20,000 just from publishing
    0:47:59 on MSN.
    0:47:59 Wow.
    0:48:00 Right.
    0:48:06 Uh, and so it’s one of these really unique opportunities you can apply to get your website
    0:48:06 approved.
    0:48:12 Uh, so if your organic traffic is going down from Google, well, you can publish content
    0:48:14 on MSN.com.
    0:48:17 They’re still getting a ton of direct traffic, right?
    0:48:22 And the population of viewers on MSN is probably skews a little bit older.
    0:48:28 Uh, and so if you have content that does really well in that demographic, you can get millions
    0:48:29 of views, right?
    0:48:34 So it’s, I’ve heard of lots of people doing this, uh, but I happen to have a buddy that’s
    0:48:36 been giving me updates, uh, over those last month.
    0:48:37 He’s doing really, really well.
    0:48:38 Yeah.
    0:48:43 We’re a part of the MSN publishing program, Microsoft start program.
    0:48:45 It was maybe called, um, early on.
    0:48:46 It may have changed.
    0:48:52 We’ve never had anything go that viral, but you know, I think our best month is maybe 150,
    0:48:53 200 bucks a month.
    0:48:59 So it’s not, it’s not 20,000, but it’s another place to syndicate the content that you’re already
    0:49:01 creating for pretty low lift.
    0:49:07 One of the strategies that was shared with me, it’s like, if you can somehow like sync
    0:49:11 your RSS feed and I don’t know, I’ve got like a lot of short code and stuff in my posts where
    0:49:14 I was like, I don’t know if that would look right.
    0:49:19 Or I don’t know, maybe they would strip that out, but if you can syndicate your RSS and like
    0:49:24 if you’re creating listicles, like the top 12 ways to make money online in 2025, like
    0:49:26 it will create like a gallery.
    0:49:30 And so people have to page through obnoxious from the user standpoint, but MSN is racking up
    0:49:33 more page views, racking up more ad views, right?
    0:49:37 And so that’s going to improve your take, your, your rev share from that content versus
    0:49:40 having a, a scrollable, uh, list post.
    0:49:40 Yep.
    0:49:45 And I think, um, a lot of people are now publishing content, uh, directly just on MSN.
    0:49:48 It’s not even on their website, right?
    0:49:52 And so you can create these like image carousels or video.
    0:49:53 I can’t remember what they’re called.
    0:49:58 There’s a particular thing that you can get that it’s really just on MSN that you have to
    0:50:00 scroll through these, yeah, 10 images.
    0:50:05 And, um, so anyways, kind of an interesting opportunity that’s been around for a long time,
    0:50:08 but I’ve seen, uh, several people doing really well recently with it still.
    0:50:09 Yeah.
    0:50:14 That’s one of the, it’s one of the income streams, uh, for, for side hustle nation, but maybe there’s
    0:50:15 a way like everything.
    0:50:19 There’s a way to like triple down on the thing and really, really go for it.
    0:50:20 You just got to pick the one.
    0:50:20 Yeah.
    0:50:22 That you’re going to go all in on, right?
    0:50:23 It’s hard to do them all.
    0:50:23 Yeah.
    0:50:27 Publish, you know, 10 times a day or whatever it’s going to take.
    0:50:29 I remember talking with John Dykstra a few months ago.
    0:50:31 It’s like a really double down on email.
    0:50:33 Like when you say double down, what do you mean?
    0:50:35 He’s like, I sent three emails a day.
    0:50:36 It’s like, Jesus.
    0:50:37 Like, Oh, okay.
    0:50:39 And we’re over here doing one or two a week.
    0:50:41 Yeah, exactly.
    0:50:46 And next on my list is a service based side hustle observation.
    0:50:54 And that is the increase in acceptance for fractional support, or maybe a buzzword around
    0:51:00 fractional support, fractional CTO, fractional CFO, stuff like this, where if you have expertise
    0:51:08 in a particular field that calling yourself the fractional person, I think elevates you above,
    0:51:11 Hey, I’m your freelance accountant, or I’m your freelance bookkeeper.
    0:51:13 No, I’m going to be your fractional CFO.
    0:51:16 And I think it allows you to command higher rates, higher prices.
    0:51:23 And plus people are maybe becoming more willing to hire that type of person or agree to a contractor
    0:51:29 relationship with that type of person lends itself really well to niche agencies, niche
    0:51:30 productized service providers.
    0:51:31 Yeah, absolutely.
    0:51:35 I mean, we see this all the time, you know, from a user perspective, if I go to Upwork and
    0:51:41 I’m looking to hire somebody, and I get people that apply that are sort of generalists, right?
    0:51:45 They say, Oh, I can do this, I can do this, I can do this, you know, I can do it all versus
    0:51:51 somebody that says, I create financial spreadsheets in in Google Sheets.
    0:51:53 And that is what I do, right?
    0:51:57 You’re going to hire that guy if you’re looking for a financial spreadsheet, and you’re going
    0:51:57 to pay way more.
    0:51:59 Yeah, I’m going to be willing to, right?
    0:52:04 I’m like, $30 an hour versus the $10 an hour guy, but I’m going to do it because that’s what
    0:52:05 you do.
    0:52:10 So if you can be a specialist, you know, in your field and sort of market yourself as either
    0:52:17 the fractional, or, you know, I am the go to email newsletter, optimization person, or whatever
    0:52:19 it is, you’re going to command that higher price.
    0:52:21 Yeah, yeah, exactly.
    0:52:27 I’m the go to person for viral Facebook partner program content in your niche.
    0:52:29 Exactly.
    0:52:30 And that person does exist.
    0:52:31 I know who that is.
    0:52:34 And they have a thriving business.
    0:52:34 Very good.
    0:52:35 Very good.
    0:52:43 The next one on my list is what I’m calling influencer marketing partners or influencer co-founders,
    0:52:46 where they’re almost like you might have a technical co-founder.
    0:52:50 Now it’s on what you might have a an influencer co-founder or influencer partner.
    0:52:54 And at the very top of the food chain, you have Mr. Beast and Feastables and stuff.
    0:53:01 But like, even lower down, we’ve had examples of e-commerce sellers on the podcast, you kind
    0:53:07 of tapping into this really, really broad segment of what they called micro influencers, people
    0:53:14 with like 500, 1,000 up to maybe 10, 20,000 followers, like not super viral accounts, but
    0:53:16 they’ve got people paying attention to them.
    0:53:18 They have been in the content creation game.
    0:53:23 They know how to make something compelling and sending them samples of the product and really
    0:53:29 leaning into that as a marketing channel versus trying to go out and, you know, find traffic
    0:53:31 and buyers the other way or other through other channels.
    0:53:33 I mean, it’s smart, right?
    0:53:38 Because a lot of times if you have a product, you’ve got a good idea, you have zero followers.
    0:53:45 If you can kind of skip that whole step of building things up over the years and partner with somebody
    0:53:49 that already has that influence, already has that following, it’s like almost a guaranteed
    0:53:51 way to launch to success.
    0:53:56 Now you just have to be willing to either give up a piece of your business or give up, you know,
    0:53:59 revenue of the business and you don’t figure out a model that works well for you.
    0:54:04 But I think it’s a smart business for influencers that, hey, there are a lot of people that have
    0:54:07 tons of followers, but they don’t have any good business ideas.
    0:54:10 Like they just, you know, they have influence.
    0:54:10 Yeah.
    0:54:13 And then there’s other people that have really good ideas.
    0:54:15 They just, they don’t have any influence.
    0:54:18 So if you can partner that up, it’s a, it’s a cool model.
    0:54:19 Yeah.
    0:54:24 We’ve seen it from the standpoint of, we’ll give you affiliate commission for everyone that
    0:54:30 you sell, like through Amazon creator connections or whatever, or we’ll just send you free product
    0:54:35 or we’ll pay you a flat fee to create this type of video, but lots of different ways to
    0:54:40 structure it, but I kind of the, the secret sauce seemed to be either casting that really
    0:54:41 wide net.
    0:54:41 Okay.
    0:54:47 I’m going to send out, you know, a thousand messages to these different accounts or finding
    0:54:51 like that one really influential partner to bring in who, you know, can drive consistent
    0:54:52 traffic.
    0:54:58 And it was, it was on my first million where Sean was pitching this like virtual assistant
    0:55:03 company for a while and it was like, he, he bought a stake in that and then turned around
    0:55:07 and used his influence from the podcast to like drive customers to that business.
    0:55:08 Yeah.
    0:55:09 Really, really, really smart.
    0:55:10 All right.
    0:55:10 What’s next?
    0:55:11 All right.
    0:55:14 This might be my last one, uh, that I have here.
    0:55:19 And I don’t know if I’m seeing it as a trend, but it’s something that I’m going to try a little
    0:55:22 bit and I could see this developing into a trend.
    0:55:28 You, you tell me, you know, whether it is or not, but actually going the other way, more
    0:55:34 people are going more online, more AI, more technology, going the other way, going back
    0:55:38 to physical products, items you can touch, you know, feel.
    0:55:45 So, uh, one thing that I am actually going to be trying is reselling items on eBay.
    0:55:49 This, you know, has been around for how many decades now?
    0:55:50 Yeah.
    0:55:52 Everything that’s old is new again.
    0:55:53 Everything that’s old is new again.
    0:55:58 So part of the reason I’m doing this, I do have older kids that are looking for summer
    0:55:58 jobs.
    0:56:02 And so I’m like, what’s something that teenagers can run?
    0:56:05 And so we just went out this weekend.
    0:56:07 We bought Amazon return pallets.
    0:56:10 I actually picked them up at a liquidation warehouse.
    0:56:12 Is it the, where you been store?
    0:56:16 Somebody, I was like, that’s a fantastic name for this bin sale place, but cause I know it’s
    0:56:17 in Eastern Washington somewhere.
    0:56:17 Oh, okay.
    0:56:20 No, there, there actually is in the tri cities.
    0:56:26 It’s not a bin store, but it’s, it’s actually, this guy has a bunch of contracts where he,
    0:56:33 I mean, he had like 300 pallets of just Amazon returns, Walmart return, you know, big box store
    0:56:34 returns.
    0:56:35 We bought three of them.
    0:56:39 We’re going to unpack it, try and resell it on eBay.
    0:56:45 So it’s, it’s not a new business, but I feel like going back to the basics of like, there’s
    0:56:50 going to be stuff that people are going to want to buy for cheaper than they can get in the
    0:56:51 store forever.
    0:56:53 That’s never going away.
    0:56:59 So the trend of going to a business that isn’t going to be as impacted by all the
    0:57:01 technological changes, I think is a smart trend.
    0:57:03 Yeah, exactly.
    0:57:07 The local plumbing service is not worried about AI, you know, he’s not going to come.
    0:57:09 Computers aren’t going to come and fix your pipes.
    0:57:11 Yep, exactly.
    0:57:15 If nothing else, you’ll get, you’ll get some, uh, content about the pallet, pallet flipping
    0:57:16 pallet return business.
    0:57:18 That’s exactly right.
    0:57:18 Right.
    0:57:22 So I’m, I’m hoping I get a summer job for my kids, maybe get some good content for me.
    0:57:26 I expect to make approximately $0 on this business.
    0:57:31 I’m hoping that my kids, you know, earn some money, but who knows, maybe it becomes profitable.
    0:57:32 We’ll see.
    0:57:33 I mean, that, that would be ideal.
    0:57:33 Yeah.
    0:57:35 But if I can break even on it, I’m happy.
    0:57:39 No, that’s a good way to expose them to this buy low, sell high.
    0:57:44 And is it, is it worth the work of picking through all these things, listing individual
    0:57:44 items?
    0:57:49 Like there’s a lot that goes into it and it sounds like a kind of luck of the draw and what’s,
    0:57:52 you know, you don’t get to see everything that’s in that pallet before you get it.
    0:57:57 But we do have, uh, an episode on pallet return item, pallet flipping.
    0:58:01 It’s just cause I, it’s, it’s something that comes up on people’s side hustle lists.
    0:58:02 I’m curious about it.
    0:58:02 Yeah.
    0:58:08 And somebody was, was making it work, but similar, like they made a couple, maybe 25 grand over
    0:58:10 the course of a year or two in doing it.
    0:58:15 But if they didn’t, it sounded like if they didn’t have the YouTube video of themselves
    0:58:19 filming, doing it, it’s like, I don’t know if we would really, it would be really worthwhile.
    0:58:21 But, uh, that’s a cool one.
    0:58:27 I do want to piggyback on your, well, what are the things that AI isn’t going to impact
    0:58:28 or take away?
    0:58:33 And part of that is this shift towards, uh, maybe a shift in interest towards local services,
    0:58:39 the window washing businesses, the house cleaning businesses, the power washing companies, the,
    0:58:44 uh, you know, mobile car detailing, like these blue collar type of side hustles where you could
    0:58:52 start relatively low cost, relatively low risk, and don’t even need, like if you have any level
    0:58:56 of digital marketing savvy, you’re probably going to be, uh, head and shoulders above the
    0:58:57 entrenched competition.
    0:59:02 I think that’s, um, definitely a trend worth mentioning because we’ve seen more and more
    0:59:06 young people, especially young people being interested in those types of businesses, like
    0:59:11 low tech, good old fashioned elbow grease, go, go do the work and get paid for it.
    0:59:12 Yeah.
    0:59:17 I think a lot of us that have been in the online world for so long, like we, we see all these
    0:59:20 shifts and these changes and it’s frustrating.
    0:59:23 And we’re like, oh, how are we going to make, you know, this online business work?
    0:59:26 Well, there’s this whole other world out there, right?
    0:59:32 Where you can go knock on a door and you can, you know, meet people in person and, um, you
    0:59:35 know, have a real phone number where people call you.
    0:59:41 Like there’s so many opportunities for side hustles, whether it’s local or, you know, in
    0:59:48 person or just, uh, you know, the not online business that, Hey, there, there’s a lot of
    0:59:53 things that people need and we’re, we’ll always need that won’t be impacted by these
    0:59:54 huge technological shifts.
    0:59:55 Yeah.
    0:59:56 Very true.
    0:59:58 Spencer, this has been awesome.
    0:59:59 I don’t know how many we were up to.
    1:00:01 I think definitely more than 10 at this point.
    1:00:03 So probably a good place, good place to wrap up.
    1:00:07 We delivered on our promise and hopefully a little bit extra on top of that.
    1:00:08 But what’s next for you?
    1:00:10 Any projects going on?
    1:00:11 What’s the latest with niche pursuits?
    1:00:12 Yeah.
    1:00:18 I mentioned the one, Hey, I’m, I’m kind of starting a little side business with, with my, with my
    1:00:18 kids.
    1:00:19 So that’s going to be fun.
    1:00:25 That’s kind of something I’m dabbling with the whole palette flipping idea, but, uh, going
    1:00:26 all in on YouTube videos.
    1:00:29 Uh, my YouTube channel’s done, uh, pretty decent.
    1:00:35 So where I talk a lot about different website ideas that might still be working, the type
    1:00:37 of trends that are still working online.
    1:00:40 So covering a lot of that, um, on my YouTube videos.
    1:00:45 Other than that, no, no big shakeups, you know, with, with what I’m going to be doing, I just
    1:00:47 keep publishing some content on YouTube.
    1:00:49 Got my Facebook page going.
    1:00:54 I, uh, have a little Amazon influencer, you know, side hustle.
    1:00:56 I’ve got, you know, videos there.
    1:00:59 So, you know, kind of keep dabbling on a few little side hustles, keep the niche pursuits
    1:01:02 brand going and we’ll see where it goes from there.
    1:01:05 I get the impression that, you know, that may be similar.
    1:01:07 You probably don’t need to work anymore.
    1:01:08 You’ve been doing this for a long time.
    1:01:10 You’ve had some exits under your belt.
    1:01:12 Like you’ve had some fantastic earning years and months.
    1:01:17 Is there a retirement plan or do you just keep doing this?
    1:01:18 Cause you love doing it.
    1:01:18 Yeah.
    1:01:25 You know, I’m still enjoying things, but I am very much, I’ve removed a lot of things
    1:01:26 from my business that I don’t enjoy.
    1:01:32 So I do have the opportunity and the ability like, you know, my Facebook page VA, I’m not
    1:01:35 going to go in and post things 10 or 15 times a day.
    1:01:35 Right.
    1:01:41 So I do enjoy the strategy of coming up with ideas and trying to plug in a system or people
    1:01:42 that can run it for me.
    1:01:43 So I enjoy that.
    1:01:45 So I’ll keep doing that.
    1:01:50 And, you know, I’m actually, I volunteer at a local pickleball organization.
    1:01:52 We have a pickleball community, right?
    1:01:58 So I’m looking for a more volunteer opportunities, maybe work a little bit less, but still, Hey,
    1:02:02 I like the excitement of, Hey, there’s this cool new idea.
    1:02:04 Can we make it work?
    1:02:09 So I haven’t quite retired yet, Nick, but I’ll, I’ll let you know, but I’m doing all I
    1:02:11 can not to work quite as much.
    1:02:12 Let’s put it that way.
    1:02:13 Fair enough.
    1:02:17 You know, the, the love of the game, parse out the stuff that you don’t like and keep
    1:02:18 what you do.
    1:02:18 Yeah.
    1:02:21 That’s, uh, you know, try and play in that same space.
    1:02:22 So I’m very cool.
    1:02:24 Uh, niche pursuits.com.
    1:02:24 Check them out over there.
    1:02:26 Check out the niche pursuits podcast.
    1:02:28 We’ll link up the YouTube channel as well.
    1:02:32 Like I said, going all in on YouTube, more and more guests are saying, Hey, I’m leaning
    1:02:34 in on the YouTube stuff, doing more video.
    1:02:38 If the website isn’t working as well, I can make, uh, I can make videos and it’s a lot
    1:02:39 of fun too.
    1:02:41 Thanks so much for joining me.
    1:02:42 I think this was, this was a blast.
    1:02:48 If you’re listening to this and you want to make some extra money and you’re not sure which
    1:02:52 path to take, I want to invite you to take our free quiz at hustle.show.
    1:02:54 You can do it right from your phone.
    1:02:55 It’ll take a couple of minutes or less.
    1:03:02 And then based on your answers, we’re going to give you a custom curated playlist to hopefully
    1:03:03 put you in the right direction.
    1:03:06 These are going to be eight to 10 side hustle show episodes based on your answers.
    1:03:08 Hey, what should we listen to next?
    1:03:13 And if you want more Spencer in your life and go listen to his three or four side hustle show
    1:03:17 appearances as well, but hustle.show that’s your personalized playlist quiz.
    1:03:21 And just again, a few short questions about your interests and goals, and, uh, you can get
    1:03:26 that personalized playlist, add it to your device, learn what works, and then go out and make
    1:03:26 some more money.
    1:03:28 Big thanks to Spencer for sharing his insight.
    1:03:31 Thanks to our sponsors for helping make this content free for everyone.
    1:03:37 Uh, as always, you can hit up side hustle nation.com slash deals for all the latest offers from our
    1:03:38 sponsors in one place.
    1:03:39 That is it for me.
    1:03:42 Thank you so much for tuning in until next time.
    1:03:44 Let’s go out there and make something happen.
    1:03:47 And I’ll catch you in the next edition of the side hustle show.

    What are the best side hustle trends you should look out for in 2025?

    These might impact what business you start and how you think about scaling it.

    And to help me out is a longtime friend and a friend of the show, Spencer Haws from NichePursuits.com.

    He’s been covering online side hustles even longer than I have.

    Almost all our content starts from the question of, “How do I make extra money?” To answer that, it’s important to know where the market’s been, where it is, and where it’s potentially going.

    Tune in to Episode 667 of the Side Hustle Show to learn:

    • what side hustles are thriving right now and which ones are fading
    • why email, AI, and even eBay are making big comebacks
    • how to future-proof your hustle in a rapidly changing digital world

    Full Show Notes: 10+ Side Hustle Trends for 2025

    New to the Show? Get your personalized money-making playlist here!

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