Welcome Back To Side Hustle Weekly!

I’m excited to share with you another great side hustle you can start today! Today we will be discussing how you can start a lead generation business.

Before We Get Started Here’s Your News Recap:

📉 U.S. Adds Just 73K Jobs in July as Revisions Cut 258K
Nonfarm payrolls rose a mere 73,000—far below expectations—with prior months revised down by 258,000 positions. The unemployment rate climbed to 4.2%, signaling further strain in the labor market as trade tensions weigh on hiring.

⚠️ BLS Commissioner Fired Amid Data Fallout
President Trump dismissed Bureau of Labor Statistics head Erika McEntarfer after the report, accusing her and the agency of political bias. Experts warned the move could severely damage the credibility of U.S. economic data and investor trust.

📉 Wall Street Suffers Biggest Drop Since April
In response to weak jobs data and tariff escalation, the Dow fell 1.3%, S&P plunged 1.48%, and Nasdaq dropped nearly 2%. Volatility surged and safe-haven flows fed gold and Treasury yields as recession risk climbed.

💰 Gold Nears $3,380 as Rate-Cut Expectations Soar
Gold hit a near two-week high at $3,375/oz, lifted by a weaker dollar and rising bets (now ~92% probable) on a September Fed rate cut. Analysts flag resistance near $3,450/oz if conditions remain dovish.

🔄 Acting BLS Head and Fed Vacancy Add to Policy Uncertainty
William Wiatrowski is now acting BLS chief following McEntarfer's ouster, while the resignation of Fed Governor Adriana Kugler amplifies speculation that Trump could fill vacancies with more dovish appointees—fueling uncertainty around the Fed’s independence.

🏢 Berkshire Hathaway Takes $3.8B Writedown on Kraft Heinz
Berkshire wrote down its Kraft Heinz stake by $3.76 billion, slicing operating income by 4% and net profit by 59%. The restructuring ties back to margin pressure from prior tariff-driven costs.

🌏 No Easing on New Tariffs, USTR Says
Tariffs imposed on Canada, India, Taiwan, and others—ranging from 10% to 50%—are non-negotiable in current trade talks. Business lobbyists decry growing uncertainty in planning and operations.

📊 IMF Upgrades U.S. Growth to 3.0%, Flags Trade Danger
Strong pre-tariff consumer and inventory demand lifted the IMF’s 2025 growth forecast to 3.0%, but ongoing tariff escalation and widening deficits pose high headwinds to sustainability.

👍 Consumer Confidence Holds at 97.2 in July
The Conference Board’s July sentiment index came in at 97.2, slightly better than expected. Still, job availability remains vulnerable, constraining confidence amid ongoing economic and policy jitter.

Leads For Money

In the business world, leads are gold. Every company needs customers, but not every company knows how to find them. That’s where you come in. A lead generation business lets you turn your outreach and marketing skills into a predictable income machine—especially when you target high-ticket niches.

This guide will break down exactly how to start, run, and grow a successful lead gen business that can easily make $5K to $10K+ per month, all without needing to create a product or hold inventory.

💼 Step-by-Step: How to Start Your Lead Generation Business

1. Pick a High-Ticket Niche

You want clients who have large profit margins so your leads are extremely valuable to them.

Hot examples:

• Solar installation

• Real estate

• Roofing

• Legal (personal injury, immigration)

• Cosmetic surgery

• B2B SaaS services

• High-ticket coaching

Why high-ticket? You can charge more per lead or get a cut of a big sale (e.g., 10% of a $10,000 sale = $1,000).

2. Choose Your Model: Pay-Per-Lead or A-to-Z Sales

• Pay-Per-Lead Model: You generate qualified leads and hand them off to the business.

• A-to-Z Sales Model: You generate the lead, nurture it, and close the sale — and get paid a commission + lead fee.

Tip: Start with pay-per-lead to learn the ropes, then scale into full-cycle deals for bigger payouts.

3. Build Your Outreach System

You need a repeatable way to reach potential customers for your clients.

Best platforms for B2B:

• LinkedIn outreach

• Cold email

• Google Ads

• Facebook Ads

• TikTok Ads (great for trades and local service businesses)

• Local SEO and GMB (Google My Business)

Use tools like:

• Apollo.io or Lusha (to find leads)

• Lemlist, Instantly.ai (to send cold emails at scale)

• ClickFunnels or GoHighLevel (for landing pages + automation)

4. Create Offer Packages and Pricing

Decide how you’ll charge:

• $50–$300 per lead (depends on niche)

• Flat monthly fee + commission on closed deals

• Retainer + bonus per lead or per conversion

Start by offering 10 free leads to prove value. Once trust is built, transition into a retainer or per-lead plan.

5. Find Clients and Pitch

Search on:

• LinkedIn

• Facebook Groups

• Google Maps

• Local business directories

• Thumbtack, Houzz, Yelp, etc.

Your pitch should be simple:

"Hey [Name], I bring [X type] of clients to businesses like yours using [platform/method]. I’d love to send you 5 leads free to show what I can do. Interested?"

Once they see results, you’ll be in a strong position to close them into paying clients.

🧾 Requirements to Get Started

• Basic understanding of lead generation (YouTube + practice is free)

• Email outreach or ad setup knowledge

• Tools (some are free trials, others have low monthly costs)

• Communication and reporting skills

🧰 Recommended Tools & Products

• Apollo.io – lead data

• GoHighLevel – all-in-one CRM, landing page builder, automation

• Lemlist – cold email outreach

• Zoom or Loom – client reporting

• Canva – for basic design and branding

• ClickUp or Trello – task and team management

💸 Monthly Income Potential (Conservative to Ambitious)

You can easily hit $5K–$10K/month with just a few paying clients and consistent lead delivery.

✅ Pros

• No product or inventory needed

• Low startup costs

• High-profit margins

• Recurring revenue potential

• Easy to automate with software and VAs

❌ Cons

• Requires outreach and sales effort at the start

• Clients may expect fast results

• You need to manage multiple systems/tools

🔧 How to Maximize Results

Buy these to level up faster:

• Online cold email masterclass – ~$200

• Copywriting templates – Free or $50 from Gumroad

• CRM system (GoHighLevel) – ~$97/month

• LinkedIn Sales Navigator – ~$99/month

• AI Writing Tool (Jasper/ChatGPT) – For crafting ads, emails, and landing page copy

🧠 Summary: Launching and Scaling a Lead Generation Business

If you:
✔ Pick a profitable niche
✔ Build outreach at scale
✔ Deliver real leads and value
✔ Systemize your process with tools
✔ Transition into full-sale commissions or larger retainers

…you can build a lean, profitable business that earns $10K–$20K+ per month, mostly on automation once dialed in.

That’s A Wrap

I hope you enjoyed today’s post and if you have any questions about the post, upcoming posts, how to advertise, or anything else, feel free to reply. See you next time with another money-making post, helping you boost your income!

Disclaimer: This newsletter is for informational and educational purposes only and reflects the opinions of its editors and contributors. The content provided, including but not limited to real estate tips, stock market insights, business marketing strategies, and startup advice, is shared for general guidance and does not constitute financial, investment, real estate, legal, or business advice. We do not guarantee the accuracy, completeness, or reliability of any information provided. Past performance is not indicative of future results. All investment, real estate, and business decisions involve inherent risks, and readers are encouraged to perform their own due diligence and consult with qualified professionals before taking any action. This newsletter does not establish a fiduciary, advisory, or professional relationship between the publishers and readers.