A genius business model that will turn you into a digital landlord.
How?
The idea is to build digital assets (tiny websites) and rent them to local business owners.
Why?
This model works well for a couple of reasons: It’s scalable, it's passive, and you own the assets (the websites).
It goes like this:
Step 1: pick a niche ( a service like concrete) and a city
Step 2: build a tiny website for that niche and city
Step 3: run google ads to that website to generate leads
Step 4: give those leads as “samples” to a business owner in that niche and city
Step 5: close the business owner on a monthly retainer (of at least $1000 a month) in exchange for the leads
Step 6: repeat
Does this work?
This strategy works better than the typical “rank and rent” model because you don't have to wait until your website ranks on Google before you can rent it out to someone.
We’re renting the website before we even rank it. This allows us to close deals way faster, and then use the business owners' money to build out the full website.
Get it?
Basically, all we’re doing is building websites that generate leads through Google ads and then renting those websites to business owners so they can get more leads.
We make money from renting our assets, and the business owners get more jobs!