There are many benefits of starting a business from home.

You don’t have to spend hours on the road going and coming back from your office. You can save time and money on office rentals, office equipment, or other overhead expenses. You don’t have to reach the office and start the work at a fixed time. 

To top it off, you will have a much better chance of surviving and thriving in challenging times like covid pandemic and lockdowns, thanks to the low cost and flexibility of your business.

But here’s the problem:

Most people can’t think beyond online selling when they are looking for home-based business ideas. And most of them never get started because it takes a lot to launch and run a successful eCommerce business. You have to find the right product, suppliers, or manufacturers, set up an online store and payment processor, and deal with the hassles of shipping and managing returns. 

What if you could launch a home-based business in less than 30 days without going through all this trouble? 

The Modern Millionaires Course and Lead Flipping Business:

conversation

Any business would love to get a sales-ready lead. According to a survey by B2B Technology Marketing Community, 61% of businesses find it hard to generate leads.  

The Modern Millionaires course will teach you how to fulfill this growing demand. You will learn how to generate leads and sell them to businesses that need them. This is called “lead flipping”. And it’s not something that hasn’t been done before. Lead brokers or lead generation specialists have been in business for quite some time.

The course covers everything in detail, starting from setting up the business website to finding interested businesses and selling at a profit (here’s a more detailed review in case you are interested). 

Let’s look at the process in detail:  

Step 1 – Finding The Right Niche:

Niche

The first step is to find the right niche or industry to target. 

This is probably the most important step because you do not want to get into an industry where businesses are not ready to pay a high price for leads. Businesses like local salons, fashion boutiques, or bakeries will not be interested in leads because they are looking for walk-in customers.

However, a mortgage or auto financing business will always be looking for leads. Once you’ve picked the niche, it is easy to set up a website using WordPress or some landing page builder.

The first module of the course covers all this in detail.

Step 2 – Getting Target Visitors on The Website

 Target Visitors

The next step is to get potential customers on your website. There are free methods like Search Engine Optimization or Social Media marketing but these can take ages before you start to get some visitors. You need to go for paid traffic sources because you are looking to get some results in your first few weeks.

Luckily, Google Adwords or Facebook makes it easy to target potential customers. You just need to learn the basics of PPC marketing. The goal is to generate leads at the least possible cost and maintain high-profit margins. 

The course explains everything you need to know about Adwords or Facebook Ads in the second and third modules. They have also touched upon the lead nurturing part, which is important because in some cases, you will have to follow up with your site visitors through retargeting ads or emails before they convert into leads.

Step 3 – Selling Leads

Sales might sound like the hardest part but it is probably the easiest in the lead flipping business. This is because you are bringing potential customers to their doors and any sensible business will be more than happy to buy qualified leads. The last module of the course will teach you how to find prospects and reach out to them. 

That’s pretty much it. 

Setting up a website and getting started with paid traffic will take less than a week and 2 – 3 weeks is all you need to set up, monitor, and tweak PPC campaigns to hit the sweet spot.

Soon you will have them eating out of your palm.

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The Small Business Blog was started in 2009. Aiming to start, help, and grow small and medium sized businesses.