285: The Passive Income Service Business: Recurring Revenue for Freelancers


Side Hustle Nation is dedicated to improving your personal profitability. To do this, we often partner with companies that share that mission. If you sign up or make a purchase through one of our partners’ links, we may receive compensation—at no extra cost to you. Learn more.

“I set up a big business just selling somebody else’s stuff,” Wes said.

Wes Schaeffer runs TheSalesWhisperer.com and is the host of The Sales Podcast which started around the same time as The Side Hustle Show back in 2013.

He’s an Air Force vet, a father of 7, and has built up an interesting side hustle that on the surface looks like a typical consulting business but is done in such a way that it’s set up to generate recurring passive income.

Wes has been side hustling since the 90’s and started his online business around a decade ago.

He saw an opportunity to become one of the first Infusionsoft resellers, a piece of software that not only streamlined his own business but offered attractive recurring affiliate commissions.

Wes became one of the top earners in the world and was netting $15k a month in mostly passive income, all on the side from his primary consulting, speaking, and sales training practice.

He’s adapted his strategies over the years and diversified his income streams but his business model stays similar to this day – scalable affiliate marketing with recurring passive income.

Tune in to hear how Wes started generating passive income through affiliate marketing and how you may be able to use a similar strategy in your service business.

Free Bonus: Download Wes’ Top Passive Income Business Tips

Download the Free PDF "Highlight Reel" from this Episode

With all of my guest's top tips and resources included.

Enter your email to access it now:

You'll also receive my best side hustle tips and weekly-ish newsletter. Opt-out anytime.

Subscribe to The Side Hustle Show on iTunes!

Subscribe to The Side Hustle Show on Android!

Subscribe to The Side Hustle Show via RSS!

Or use the player app above to listen right in your browser.

Sponsors:

freshbooks-logo

  • DropShipLifestyle.com – Grab the free Drop Ship Starter Bundle and begin your free 10-day Drop Shipping Mini Course today!

Learn:

  • Why Wes started selling marketing products as a side hustle.
  • How he built a list of contacts to sell to before email lists and lead magnets were the norm.
  • The tactics he used to hold live workshops every few weeks and sell products and services.
  • How he switched to a passive income affiliate sales model.
  • His step-by-step onboarding process that helped Wes become one of the top 10 Infusionsoft resellers in the world.
  • How he has evolved his business and diversified his income streams.
  • Wes’s #1 tip for Side Hustle Nation.

Links:

Download the Free PDF "Highlight Reel" from this Episode

With all of my guest's top tips and resources included.

Enter your email to access it now:

You'll also receive my best side hustle tips and weekly-ish newsletter. Opt-out anytime.

Like That? There's More!

Join the 100,000 Who Get My Best Stuff via Email

I'll also send you my free guide: The 5 Fastest Ways to Make More Money.

Nick Loper

About the Author

Nick Loper is a side hustle expert who loves helping people earn more money and start businesses they care about. He hosts the award-winning Side Hustle Show, where he's interviewed over 500 successful entrepreneurs, and is the bestselling author of Buy Buttons, The Side Hustle, and $1,000 100 Ways.

His work has been featured in The New York Times, Entrepreneur, Forbes, TIME, Newsweek, Business Insider, MSN, Yahoo Finance, The Los Angeles Times, The San Francisco Chronicle, The Financial Times, Bankrate, Hubspot, Ahrefs, Shopify, Investopedia, VICE, Vox, Mashable, ChooseFI, Bigger Pockets, The Penny Hoarder, GoBankingRates, and more.

2 thoughts on “285: The Passive Income Service Business: Recurring Revenue for Freelancers”

  1. Great interview! Great information! And I especially loved Wes’s bit about SOPs. As a former EMyth business coach, that concept was at the core of our approach: documented processes (SOPs) that could be followed by anyone with the minimal requisite ability. Even if the department manager was killed when the office was overrun by hordes of raging North Korean Communists!

    I was inspired and motivated to emulate Wes’s tactics for my own coaching/consulting efforts. Thank you, Nick!

    Reply

Leave a Comment

Usually Hustling, Occasionally Social

1percentfortheplanet
plutus winner

The Company
About
Contact
Books
Advertise
Media

4580 Klahanie Dr SE #155
Sammamish, WA 98029
925-365-6671

The Fine Print
Terms of Use
Privacy
How We Make Money
CCPA
Do Not Sell My Personal Information
As an Amazon Associate, we earn from qualifying purchases.