837 6:57

Amsterdam Bike Tours Become Passive Profit Center

A traveler’s attempt to pay rent turns into one of Amsterdam’s premier touring companies.

6:57

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What It's About

Frustrated by mediocrity in the tourism industry, an Amsterdam local sets something in motion.

Business Model
Service
Skills Required
Amsterdam Knowledge & Communication
Complexity
Low
Profit Potential
Medium

Words of Wisdom

For anyone looking to start a similar business, Vince says it’s paramount to get some time under your belt working for an established company first. Learn your trade and look for the areas that you would improve and do differently; this will give you the starting point for your own venture.

Fun Fact

Vince was in San Francisco a couple of months after he started the business and met with fellow featured Side Hustler, Alexandra (from Ep 158), to get her tips and tricks for a tour-based business!

Notes from Chris

Episode 837
Vincent Linssen’s world travels had left him broke and looking for a fun way to earn some extra cash. Despite returning home to The Netherlands to a full-time job at one of Amsterdam’s major financial firms, he found himself in need of some extra cash to cover his expenses.

Vince had always wanted to be a tour guide and felt he’d taken enough walking tours in other cities in the world to have a go himself. It was a time in his life where he had nothing to lose, so he figured he may as well give it a shot.

He joined a company where he could give tours of the city on big yellow bikes. For two months, Vince gave ten tours a week, scheduled around his day job, and received a crash-course in the art of big city tours. However, he didn’t appreciate the way certain parts of the company were organized—and he felt he could do a much better job.

A few weeks later on his morning commute, Vince tuned into episode 158 of the Side Hustle School podcast and heard about the Urban Hiking tour company someone had set up in San Francisco. It gave him an idea!

By the end of the episode, his side hustle Amsterdam Experiences was already coming to life.

The income for Amsterdam Experiences depends a lot on seasonal demand. Between March and November, they can earn profits of up to 20,000 EUR per month. But, in the winter months, this can drop down to just a couple of hundred.

Despite achieving such success, Vince and Stephan still work their day jobs and have instead hired tour guides to help them scale the business. Because of their high TripAdvisor rating, many tour guides find them and offer their services. But they also look for guides through their personal networks.

Vince says a good tour guide should be local, friendly, and good at improvisation. If you can think on your feet, tell a good story, and hold a group’s attention, you’ve probably got what it takes!

For anyone looking to start a similar business, Vince says it’s paramount to get some time under your belt working for an established company first. Learn your trade and look for the areas that you would improve and do differently—this will give you the starting point for your own venture.

Looking ahead, Vince and Stephan want to delegate and automate their operation. They both have lofty goals—like starting a tech company to fight global warming on a large, systematic scale—so they want to create a “set it and occasionally check on it” strategy.

They’re not just spinning their wheels … they’re building a real business.

MENTIONED IN THIS EPISODE:
  • Amsterdam Experiences: Get an insider's perspective of everything that makes Amsterdam such an amazing place over on Vince's website!
  • Squarespace: The website building platform that Vince used to create his website
  • Urban Hiker Climbs to Steep Success in San Francisco: A project manager turns a passion for her city into a substantial side income of $50,000 a year. This is the episode that inspired Vince to get started!
SEE ALSO: Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter
Quote of the Day
"I noticed that those who are successful have a few things in common: they show grit, dedicate serious time to it, and have a partner to support them. It's a very competitive market, so you have to be different and/or better than the competition in some way."
—Vincent Linssen #SideHustleSchool

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