What’s Poppin’,

This is the Master Money Newsletter. The Newsletter that gives you the same feeling as finding a toy in the cereal box. Quick and fun.

Here’s what we have on deck today:

📗 Read: 9 Side-Hustles That Can Turn into Full Time Incomes!

🎙️ Listen: Why you as an individual investor have the advantage!

1. Pickleball Coach

Why not turn America’s fastest-growing sport into your personal goldmine? Sharpen those skills, get certified, and before you know it, you’ll be coaching your way to the bank. Remember, every great player needs an even greater coach.

The steps:

Get Certified: Begin by getting certified through a reputable pickleball organization to gain credibility.
Learn from Others: Take lessons from established coaches to improve your skills and understanding of coaching techniques.
Develop Training Plans: Create personalized training plans for different skill levels to offer tailored coaching experiences.
Start Marketing: Utilize social media, local sports clubs, and community boards to advertise your coaching services.

2. Newsletter Business

In the age of information overload, a well-curated newsletter can be like finding an oasis in a desert. Carve out your niche with the three Cs — Curiosity, Crowd, and Cash — and watch your subscriber list (and bank account) grow.

The Steps:

Identify Your Niche: Choose a subject that you're passionate about, that has a large potential audience, and that offers monetization opportunities.
Set Up Your Platform: Use platforms like MailChimp or Beehive to create, send, and manage your newsletters.
Create Content: Develop your first piece of content and a welcome email that outlines what subscribers can expect.
Gather Subscribers: Start with your personal network and expand by using social media and COI strategies.
Launch and Promote: Develop a simple website with a subscription form and promote your newsletter through various channels, including social media and collaborations with other newsletters.
Iterate and Optimize: Use feedback and analytics to refine your content and marketing strategies.

3. Credit Card Machines

Who knew those little machines could be your ticket to passive income paradise? Start simple with an agent ID and immerse yourself in the world of credit card processing. The best part? Earning while you sleep.

The Steps:

Register: Start by registering with a processing company to get an agent ID number.
Understand the Business: Educate yourself on how credit card processing works, using resources like eBooks or online guides.
Application Process: Use the application process provided by the processing company to sign up businesses for credit card machines.
Earn Passive Income: Set up businesses with credit card systems to earn a percentage of their sales as passive income.

4. Bounce House Rentals

Yes, the setup and takedown are a workout, but who needs a gym membership when you have a bounce house empire to build? A stellar website, social media savviness, and a sprinkle of SEO magic will have you bouncing all the way to the bank.

The Steps:

Professional Website: Create a website showcasing your bounce house selection, prices, and booking process.
Social Media Promotion: Use platforms like Instagram and Facebook to post engaging content and special offers.
Optimize for Local Search: Implement SEO strategies to improve visibility in local search results.
Email Marketing: Collect emails and send out newsletters with promotions and tips for party planning.
Partner with Local Businesses: Form partnerships with event planners and venues to expand your reach.

5. Window Cleaning

With a squeegee in hand and a range of $4 to $15 per window, this clear opportunity is nothing to scoff at. Digital marketing mixed with a bit of elbow grease can open windows of opportunity you never knew existed.

The Steps:

Set Pricing: Determine your rates based on the window size and complexity of the job.
Online Marketing: Utilize Google My Business and SEO to improve your online visibility.
Social Media Marketing: Showcase your work and customer testimonials on social media platforms.
Offline Marketing: Use flyers, local ads, and networking events to promote your services locally.

6. Balloon, Wedding, or Party Arches

Capitalize on the world's love for extravagant parties with your own balloon and party arch business. Visual marketing is key here — your stunning creations deserve the spotlight on every social platform.

The Steps:

Market Visually: Use social media to showcase before-and-after photos and videos of your work.
Identify Your Market: Focus on corporate events, birthdays, weddings, and other parties.
Networking: Collaborate with local businesses and event planners to gain referrals and expand your clientele.

7. TV Mounting

With an average job costing around $256, becoming a pro at mounting TVs can be surprisingly lucrative. Whether you’re a handyperson or an electrician, those screens won’t hang themselves.

The Steps:

Pricing and Services: Determine your rates based on the complexity of the installation and whether additional services like wire concealment are needed.
Marketing: Use local advertising and social media to promote your services.
Skill Development: Continuously improve your skills and stay updated on the latest mounting techniques and technolog

8. Handyman Services

From leaky faucets to squeaky doors, your knack for repairs could lead to a booming business. A combination of a killer website, local SEO, and the power of word-of-mouth will have clients knocking on your door (just make sure it doesn’t squeak).

The Steps:

Create a Website: Highlight your services, before and after photos, and customer testimonials.
Local SEO: Optimize your site for local search terms related to handyman services.
Social Media: Share examples of your work and DIY tips to engage with potential customers.
Network: Join local business groups and attend networking events to build connections.

9. Pet Waste Removal

Laugh all you want, but managing pet waste is a dirty job that pays. With the majority of clients being recurring, this could be the crappy side hustle that turns into a six-figure business.

The Steps:

Define Services: Offer various services like one-time clean-ups, regular visits, and yard deodorizing.
Marketing: Use door hangers, direct mail, and SEO to attract your first customers.
Logistics: Plan for waste disposal, either through local dumps or partnerships with waste companies.
Stand Out: Utilize software and tools specific to pet waste services to manage your business efficiently.

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👍 Money Finds

Embracing Aging with Confidence ✨👴

A personal reflection from Andrew Wilkenson is one of the best things I have read this year.

Credit Card Late Fees and Industry Changes 💳💡

Business Insider reports on significant developments in the credit card industry, particularly focusing on caps on late fees and changes in swipe fees affecting major companies like Mastercard, Visa, and JPMorgan. This article might discuss the implications for consumers, such as how these changes could affect credit card rewards programs, overall credit card usage, and financial habits, offering a glimpse into the evolving landscape of consumer finance.

Financial Education and Security 📚💼

CNBC highlights the impact of financial education on individuals' sense of financial security, based on a recent survey. The piece likely explores the correlation between financial literacy and confidence in financial decision-making, underscoring the importance of accessible financial education. It could offer insights into the current state of financial literacy, areas where there is a particular need for improvement, and how individuals and communities can benefit from increased financial knowledge.

High-Performance Book Club 📚

I get a ton of questions from listeners and readers as to what I am reading. So we decided to let you know via the newsletter. The High-Performance Book Club will be a way to share this. If you want to be Elite in your career, business, or with your wealth, then welcome to the club. If you would like to see our previous picks, you can find them here.

CEO Excellence: The Six Mindsets That Distinguish the Best Leaders from the Rest

The Personal Finance Podcast 🎙️

9 Modern Side-Hustle Ideas That You Can Eventually Turn Into Full Time Businesses!

10 Home Renovations That Are Worth The MONEY! - Money Q&A

Youtube

The Complete Guide to The Chase Sapphire Preferred (26 Incredible Benefits!)

Things to Do Next ⏭️

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