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What It's About
Today's caller wants to know if it's a good idea to update a class model.
Notes from Chris
Episode 1870
A caller from Massachusetts currently has a small moving business and is thinking about starting a directory website that provides listings to movers from around the country. Is this business model outdated, or might it still have potential? Alternatively: is that the right question to ask? This is so important. Sometimes we waver on something that isn’t actually a key factor in making the right decision."Hi, Chris, this is Elgin from just outside Boston, Massachusetts. I've been listening to the show for years now and love the inspiration and advice. So my current side hustle is a small moving business, basically myself and a friend of mine. He's not a partner in the business, so I pay him an agreed amount for each job, and it's working fairly well for now. My question is about potentially creating a directory website of movers from around the country and charging lead referrals, sponsored listings or other ad related revenue. I'm choosing the moving business since I already know the industry, and it seems like a good fit. Now is the directory model outdated? What a simple Google search of moving companies might suffice. I ask this question because you've covered directory websites and past episodes and they seem a little more specialized from what I'm proposing. Thanks and look forward to hearing your advice."Listen to today's episode to learn more...
SEE ALSO:
- Continuing Education Directory Earns Six Figures: An Australian woman leaves her marketing agency to launch a directory for architects in need of professional development credits.
- Student Quits Restaurant Job, Starts Moving Business: When this college student needs to make his own schedule, he starts a service that becomes far more than a part-time side gig bringing in $6,000/month.
- Junk Removal Service Owner Earns $22,000 A Year From Real Estate Referrals: An entrepreneur stumbles on a low-tech, high-yield side hustle through his day job, and brings in an extra $22K annually handing out business cards.