NEW $500 Per Day Side Hustle (How To Make Money Online 2024)

Summary

In this video, the presenter shares a proven method for making $500 per day with no prior marketing experience, tech skills, or startup money. The strategy revolves around replicating the success of Podium, a $3 billion business that helps local businesses manage their online presence. The video explains how anyone can start this business for free by offering services like reputation management, lead generation, and payment processing. The presenter offers a free step-by-step course, a professionally designed website template, and a 30-day software trial to help viewers get started and build recurring revenue with minimal effort.

Takeaways

• 😀 No marketing experience or tech skills needed to start the business.
• 😀 The opportunity involves replicating a multi-billion-dollar business model.
• 😀 Potential to earn $500 per day by offering online marketing services to small local businesses.
• 😀 The business model focuses on helping businesses with reputation management, lead generation, and client communications.
• 😀 Podium, the platform being cloned, has raised over $419 million in funding and is valued at over $3 billion.
• 😀 Users can get started with the business for free, without any initial investment in courses or software.
• 😀 The business operates on monthly recurring revenue (MRR) from clients, with charges starting at $399 per month per client.
• 😀 The system involves white-labeling a pre-built marketing software, allowing users to rebrand it as their own.
• 😀 Users get 100% of the payment from clients, with no commission splits with the software provider.
• 😀 A professionally designed website template and step-by-step training course are provided for free to users.
• 😀 A live boot camp and 30-day free trial are included to help users set up the business and start acquiring clients.

Q & A

What is the business model being discussed in the video?

The business model discussed is about replicating Podium's services, which help small local businesses with their online marketing, such as reputation management, lead generation, and payment automation. The goal is to clone Podium's model and offer similar services to local businesses without the need for any upfront investment or technical expertise.

How can someone with no experience or money get started with this business?

The video explains that you can get started for free by using a pre-built, white-labeled software that replicates Podium's services. The process involves using templates, scripts, and a step-by-step course to guide users through setting up the business without needing any technical skills or financial investment.

What is white labeling, and how does it apply to this business model?

White labeling means taking a pre-built software solution, such as Podium's, and rebranding it with your own logo and domain. This allows you to offer the same services as Podium, but under your own brand, without needing to create the software from scratch.

What kind of services does Podium offer to small businesses?

Podium offers several services aimed at helping small businesses with their online presence. These include reputation management (getting more 5-star reviews), lead capture (through SMS and web chat), AI-powered automation for phone calls, and payment automation.

How does the software help businesses with reputation management?

The software helps businesses by automating the process of requesting reviews from customers via email or text. It connects to Google and Facebook accounts to encourage clients to leave positive reviews, which helps improve the business’s visibility and ranking in search results.

What is the pricing structure for the services provided by Podium?

Podium's pricing model starts at $399 per month per client for their basic plan, with a higher-tier plan priced at $599 per month. These plans are designed to provide monthly recurring revenue, which is beneficial for business owners as it offers predictable income.

How does this business model generate recurring revenue?

This business model generates recurring revenue by offering monthly subscription-based services to small businesses. As clients pay a fixed monthly fee for the marketing and automation services, you, as the business owner, continue to receive payments every month.

What is included in the free course offered in the video?

The free course includes step-by-step instructions on how to set up the business, access to pre-built website templates, scripts, and guidance on how to get clients and manage their accounts. It also provides a live boot camp where users will be helped to set up everything in 45 minutes.

What are the benefits of using AI and automation in this business model?

AI and automation allow business owners to efficiently manage client communications, automate review requests, handle inbound and outbound calls, and store contact profiles. This reduces the manual work involved and makes it easier to scale the business while maintaining a high level of service for clients.

What makes this business model different from other online business opportunities?

This business model is different because it offers a fully automated, pre-built solution that allows users to start with zero investment. Unlike other programs that require purchasing expensive courses or software, this approach gives you everything you need for free, including the tools, templates, and a live boot camp to set up the business quickly.