Starting a blog, working as a freelance writer, or earning from affiliate marketing are some of the most common ways to earn online income.
These are all good. But that doesn’t mean work-at-home moms cannot think of something bigger than a part-time gig to earn some extra income.
What if you want to have a business that can grow into a six or seven-figure venture?
It is rare for a blog or affiliate website to grow into a six-figure business. Also, blogging or freelance writing will take a lot of time. You cannot really scale and grow these businesses in a big way.
If you are sick and tired of working many hours only to get paid a few hundred dollars and looking for ways to set up and run an actual business from home.
Consider “lead flipping”.
The demand of leads in the post covid world:
According to Think with Google, there was a 500% increase in “near me” mobile searches that contain a variant of “can I buy” or “to buy”.
And these are two years old stats.
Local business searches have increased manifolds after the Covid pandemic leading to the lockdowns. More and more people are now searching for products or services online. The Internet has made it extremely easy to get in touch with businesses and get the product or service at their doorstep.
Local businesses are aware of the demand but most local business owners do not know anything about online marketing, SEO, or PPC ads. Even if they know, the cost of local SEO or PPC services is quite high. They would rather pay $30 per lead than spending $2000 on online marketing services and ads and getting no results. This is the best part about the lead flipping model. You will always be in demand. Even if a business stops buying from you, you can easily go to another business. And you can also target another industry.
You can simply create a new website or landing page, run some ads, and start seeing the results in a matter of days. Once you have found the winning formula, it is incredibly easy to scale and multiply your income.
The Modern Millionaires Course:
Lead flipping is not a “get rich quick” scheme. And it’s not some novel business idea that might or might not work.
It’s all about generating leads for local businesses and selling them at a profit. It is better than trying to earn small commissions from affiliate sales. You will not earn anything as an affiliate unless someone makes a purchase (and that too in a given period, which is usually very short). Also, the small commission rates do not allow for the paid traffic. You have to rely on organic traffic and it can take months before your blog or website starts to get a reasonable number of visitors.
Lead flipping gives you a lot more control and bigger profit margins. You are not dependent on affiliate programs or platforms that can slash commission rates at any given time.
The Modern Millionaires will teach you how to fast-track everything. The course is fairly simple with four modules teaching you everything from setting up the business to lead generation and finding the right clients to closing the deal. You do not have to wait for months to see the results. They will show you how to get instant traffic and leads by using Google Ads or Facebook Ads.
The challenges you can face:
It’s a simple business model but it’s not as easy as it sounds. First, you will have to buy and go through the course. You will also need some budget to set up a website and run PPC campaigns. The good thing is, you don’t have to keep spending your time and money for months before expecting any results. The moment you start getting some leads, you can go straight to relevant businesses and they will be more than happy to pay for leads. In fact, you can do the prospecting and outreach even before you start to generate leads. So you will have interested buyers even before you spend anything on ads.
Can you learn it on your own?
Traffic or lead generation is not something that you cannot learn on your own but it will usually take months before you start to get a hang of PPC management (which is key to the success of your business). Remember, you need to generate leads at the minimum possible cost and that is only possible if you are spot on with your PPC strategy. The course will give you the precise targeting methods, templates, tools, and tutorials to give you a jumpstart.
The good things about Modern Millionaires:
You will have to choose your niche wisely because not all businesses will be able to pay a good price for leads. Remember that paid ads are not cheap. You cannot earn much if you are trying to sell leads to a hair salon, babysitting, or lawn mowing business. You have to choose the right niches like auto financing, event organizers, cosmetic surgery, dentists, insurance, or legal services. These are the types of businesses that can pay a good amount for qualified leads. And the Modern Millionaires course starts by giving a detailed overview of how to find the right niche.
Another good thing is the to-the-point nature of the course contents. Many other courses tend to get into unnecessary details, just to add more “training hours” and make it look meatier. The Modern Millionaire course sticks to the plan and you will learn exactly what you need, not a thing more, not a thing less.
Another advantage is becoming a part of a very active community. This is usually the best part about these programs. You get to hang out with people who have had success, which means you can easily deal with the challenges and roadblocks that might come your way.
The not-so-good things about Modern Millionaires:
The program needs a certain bit of commitment. You will have to be hands-on, at least in the beginning. Once you have a system in place, you can easily automate but you cannot leave everything on some VAs right from the word go.
There’s also some cost involved. Other than paying for the membership, you will also need some money for setting up the website and running paid ads. However, this cost is way less than what you will normally have to spend on setting up a business that has the potential to make you a fortune.
And isn’t that what you want?