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00:00 We finished the month 192.5 last month. >> Holy crap. >> In one month? >> Yeah. >> [music] >> Most of the sites are things like the Irving one where they're just sitting. I don't do anything. It's literally passive. The bigger ones are the ones I'm kind of on top of more because those are worth hundreds of thousands per site. [music] So that I'm like watching a little bit heavier.
00:16 I'm looking at it as like do you have to? No. I could just go chill and do nothing, but I would lose my mind. So I have to do something and that's what I choose to spend it on. At a certain point I'm like passive is cool, you know, four or five grand coming in from that site. I love that, but like if I can make 30 or 40 off that site, you got to make it worth my while.
00:34 >> So over 90% net profit margins, how many [music] hours per week are you spending on this? >> On this, two or three. >> Man, I'm fired up to do this myself. I'm the guy that's just [music] supposed to ask questions, but now I'm like oh jeez I want >> shiny object man, it's it's rough. >> I know. It's rough. It's real. It's very real. Is this a good [music] thing to do on the side?
00:52 >> I love it as a side hustle idea because there's lots of people that have walked away from jobs doing exactly this. I know three people that have made more than a million bucks just [music] since 2022 with doing this on the side of what they're doing. Eventually quit, [music] but like that's insane. So yeah, and I love it as a side hustle and it's way better than any of the ones I tried.
01:10 And then in terms of like renting sites out, it's really not that hard. I'm literally just calling the person and saying hey, I've got customers that want this. Like if I send you some people, can we work out a cut? And the majority of people will say yeah, cool. That sounds great. >> Yeah. So what should someone's first step be for getting involved with this business?
The model uses sites to connect customers with providers and earns a cut from the resulting business.
Sites are rented out or used to send customers to providers in exchange for a negotiated cut.
The site operator receives a negotiated cut from providers for sending customers.
I've got customers that want this. If I send you some people, can we work out a cut?