No commute. Your own schedule. Minimal overhead. Sounds pretty good, right? Well, you might be in luck: starting an online business is easier and more profitable than ever.
You’ve heard this time and time again but Covid pandemic has made it quite clear that the Internet is the future of business. At a time when most other businesses were finding it hard to survive, the online businesses manage to grow. So, it makes perfect sense to start thinking about launching an online business.
Dropshipping, affiliate marketing, and blogging are saturated. Scams are everywhere, and there’s always someone pushing a get-rich-quick scheme. You might think it’s better to hedge your bets and keep doing the same thing you’ve been doing for years.
Enter the pay per lead, or lead flipping, business model. You can get started on your own, with a small budget and no inventory. That’s what the Modern Millionaires course promises to teach you.
The best part? You can scale a lead flipping business up to 6 or even 7 figures if you do it right. Let’s have a detailed look at the process:
The first step is laying the groundwork for your pay per lead business. The Modern Millionaires course (read a detailed review here) begins by walking you through the process of choosing a niche.
This step is essential because it can determine how much you pay for leads.
The first module will set you up with a list of over 120 niches. All you have to do is scan the list and choose one that catches your eye.
You might want to focus on the financial industry or real estate agents. The choice is yours, and it’s as easy as it is important.
Set Up a Website
Now that you’ve chosen the niche for your pay per lead business, the Modern Millionaires course gets into creating your website. This is simple and only takes a matter of hours. Depending on your skill level, budget, and available time, you can use a service like WordPress or a landing page builder.
The next part of the Modern Millionaires course will show you how to generate traffic. If this is your first business, you’re in luck.
Lead generation isn’t easy, and it can make or break any business. The course goes into detail about using the biggest PPC platforms like Facebook ads and Google ads.
If you get this step right, you’ll save money right now and in the long run.
Convert traffic to leads
The Modern Millionaires team seems to understand what a pain it can be to convert prospects.
People may not be ready to buy, you might be targeting the wrong audience, or you could be making another mistake.
That’s why the course teaches you how to nurture leads and optimize conversions. This attention to detail gives you the best chance of a sale with every visitor to your site.
You’ll learn how to write CTAs, get prospects to sign up for newsletters, and much more.
At this step, your pay per lead business should be generating leads. Now you can start selling.
One of the tips the Modern Millionaires give at this stage is to do cold outreach before you spend a single penny on ads.
But sometimes businesses lose interest or can’t handle all your leads. That’s why the course shows you how to sell leads to other businesses.
You’ll even learn how to sell the same lead to multiple businesses, which can lead to some serious profit.
If you did everything right up until this point, the Modern Millionaires have one more thing to help you out. Imagine your pay per lead business is taking off, and you have some capital.
You want to check out some other business ventures or take some time to enjoy the fruits of your labor.
The course shows you how to automate everything. That is, assuming you followed the steps up until this portion of the course.
All you have to do is hire one or two people to manage the operation and stay in contact over project management tools.
That 6 or 7 figure thing doesn’t sound so unbelievable now, does it?
That’s the beauty of pay-per-lead businesses, and the Modern Millionaires course can set you up for that kind of success.
And if your niche doesn’t work out, all you have to do is choose another.
It’s that easy.