I don’t know about you, but working in sales has connected me to everything. There’s not a product on the market that I don’t have a go-to guy for. Since I know so many sales people, I got hook ups on everything.
With that being said, I’ve always had side hustles working in sales.
When I sold carwashes, I also sold drugs. Yeah, not my proudest side hustle, but I was a teenager from the hood, what do you expect? But when I stopped selling drugs, my side hustle was sending customers to get their oil changed and the store across the street would send me $7.50 an oil change. Every car I talked to was offered a car wash and an oil change.
When I worked in the mortgage business, my side hustle was flipping houses. I was doing mortgages for a lot of builders back then. I’d get the bottom price on a new home, get it under contract and then sell it at full retail. I also started buying up rent houses.
When I started coaching Loan Officers on marketing, I went out and got affiliate programs set up for all the tools I recommended to them. This way I’d sell the LO on coaching, then have them buy a few needed products that I got paid 50% monthly residual on. Some of those programs still pay me today!
I’ve always had side hustles and I assume most of you reading this who work in sales do too. If you don’t, with the current economic climate, you fuggin need one immediately.
If you’re wondering what kind of side hustle to start up, or if you want to know what side hustles you should add in to what you already got going, here’s 5 side hustles that I think everyone should have.
Referral Programs: Chances are you send referrals to people you do business with. For example, if you’re a car salesman, you might send referrals to credit repair, or an insurance agent. Instead of just being a nice guy and occasionally sending unreciprocated deals to people, be intentional and sell outside services for referral money.
I don’t care what another salesman tells you, they can pay you for referrals, even if it’s in cash. If you send a good amount of business to someone and you’re hustling for them, you deserve to get paid. Period, end of story.
JVs With Other Vendors: You can always parter with someone that owns a product that your potential customers would like. For example, if you’re a realtor, maybe you set up a JV with a pool company and sell pools to people who buy homes without a pool. Maybe you parter with a remodeling company and send them referrals.
JVs are a great way to make side money for promoting products your clients are already gonna buy any way. This makes you side money without having to do anything but offer a great product they need and good service to go with it.
Selling Bolt-On Products: If you go to a car dealership, they sell you the car, the warranty, the financing and the service plan. These are called “bolt-on” products. You came for the car, they sold you a bunch of other shit.
You can do the same. Let’s say you sell roofing. You should sell roofing, fence repair, gutter cleaning, and exterior painting. When you pitch the roof, pitch the whole damn package and turn one sale into 5.
Affiliate Marketing: I still get paid from Aweber every month. They have been paying me $100s of dollars a month for 9 years now. Some of the accounts I sold 9 years ago, still use them monthly. I have about 10 different places that pay me affiliate commissions each month. This is the money I use to pay for my cars.
Affiliate marketing is easy. You can even be an affiliate of Amazon. You can sign up, promote products your friends would like and Amazon will send yo ass a check! There’s 1000s of products that operate this way and gladly pay affiliate commissions to promoters. We do it at phonesites, sign up at phonesites.com/affiliate
Funnel Closing: I’d be lying if I said this wasn’t the best side hustle to have. Basically a Funnel Closer is someone who sells lead generating websites to local businesses and salespeople. After all, everyone needs more leads and you can sell them the product that gets them!
I’ve made 7 figures over the last few years, on the side, selling sales funnels. You can build one yourself in like 10-30 mins and then sell it to a restaurant, realtor, insurance agent or anything else for $500-$7500 and get paid. I have clients making 6 figures a month doing this. Their side job became their main job. You can learn more about it at 2020goldrush.phonesites.com
So there you have it. 5 badass side hustle opportunities that you can decide which one will work for you. Nothing says you an only choose one though. You can do all of them if you’re like me and you’re just a straight up hustle everything and get all you can type.
The main thing I want you to take away from this, is that you need to diversify your income streams and never rely on just one. You need to maximize your relationships and get paid every dollar you can. That’s what business is all about.
