Entrepreneurship is really just an arbitrage play – buy low and sell high, or create low and sell high. What would your business and life look like if you learned how to master that arbitrage by learning how to generate high quality leads?
Join Jay on his latest Black Entrepreneur Blueprint podcast episode # 569 as he does a case study for his new lead generation business, where he turned $30.65 in ad spend into $500 in revenue in four days.
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BLACK ENTREPRENEUR BLUEPRINT SHOW NOTES – EPISODE # 569
What is the lead generation business?
Simply put, it’s the business of generating leads in a manner that’s profitable for your business or the business you’re selling your leads to. Example: Lawyers buy certain types of leads for $100, and it costs me only $6.13 to produce them. If one of those leads converts into a personal accident case victory, the attorney will make thousands of dollars.
Why is it important to master lead generation?
He who knows how to generate qualified leads is the master. Qualified leads are the lifeblood of every business. If you don’t know how to efficiently get them on your own, that means you have to buy them from somebody who does. Why pay $100 for a lead when you can produce it for $6.13 (5 leads/$30.65).
How can you get started quickly to test your business concept?
Use Facebook forms or IG posts to drive traffic to a landing page that has a form or quiz on it.
