Most online business ideas are nothing but ways of earning some part-time income. You can indeed earn a good income as a freelancer, virtual assistant, blogger, or affiliate marketer. But there’s little to no chance that you will be able to grow any of these into a six or seven-figure business.
And that’s not all.
The fact that anybody can start as a freelancer or blogger means that there’s intense competition. This means that it will take months, if not years before you start to get the hang of things and manage to stand out of the crowd.
This is why it is important to get out of your comfort zone. There’s no reward in life without risk. So you need to think big and try something that is not pursued by all and sundry.
How does “Lead Flipping” work?
The Modern Millionaires training will tell you how to start a scalable lead flipping business right from the start.
Before we get to the review of course, let’s see how “lead flipping” works:
Lead flipping is all about generating leads and selling them to businesses at a profit. If you can generate qualified leads, you will never be short of buyers. Because big businesses like mortgage, loans, insurance, auto financing, cosmetic surgeons, or dentists, etc. need a steady flow of leads. Most of them do not have the time or expertise to set up an online lead generation system.
The best part is that you do not really need to spend months or years to start generating leads. PPC platforms like Google Adwords or Facebook Ads have made it extremely easy to target potential customers with laser-like precision. Identifying and reaching out to potential customers is half the job. Once they land on your website or landing page, all you need is to get their contact details and pass them on to the businesses as leads. The simplicity of the business means that you can easily scale and turn this into a six-figure business in a matter of months.
It sounds simple. And it is.
So, what’s the risk that we were talking about?
The Risks & How does The Modern Millionaires help you deal with them:
The biggest risk or challenge associated with a lead flipping business is the cost of PPC ads. Remember that you are relying on paid ads for lead generation. However, setting up the campaigns, audience targeting, and bids management is not a walk in the park. If you are not doing it right, you might end up wasting thousands of dollars without getting many results.
The course will teach you the tried and tested methods to achieve a positive ROAS from Google and Facebook Ads. Not only that but you will get a lot of actionable tips on how to find the right niche and set up a website or landing page.
They have also covered the lead nurturing part because the conversions don’t happen in the first visits. In most cases, you will have to start by getting the visitors’ email addresses and set up emails to try and convert them into leads.
Don’t know anything about sales? They have got you covered:
Another challenge will be to find and reach out to potential buyers (i.e. businesses who will be interested in leads). They have got a complete module that covers everything about prospecting and reaching out to these businesses in detail. You will learn how to contact these businesses through email or LinkedIn and finalize deals.
The internet is the future of business and online retail is estimated to grow to $6.5 trillion by the next year. If there was a time to launch an online business, it is now. If you are stuck at home and you have some extra time and money to invest in a new business, lead flipping can be your path to financial freedom.
What could be more important?