« Side Hustle School

#174 - Avid Travelers Turn Finding Deals Into Vacation Planning Side Income


A couple in Washington, D.C. convert their passion for travel into a side hustle planning all-inclusive surprise vacations for those who lack the time to do it themselves. Side Hustle School features a new story EVERY DAY of someone who started a hustle without quitting their job. You’ll learn how they got the idea, how they overcame challenges along the way, and what the results are. You need a hustle! Share: #SideHustleSchoolShow notes: SideHustleSchool.comTwitter: @chrisguillebeauInstagram: @193countries

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This is an unofficial transcript meant for reference. Accuracy is not guaranteed.
Many side, also school lesters. Welcome back. This is critical about here with another story for you today. Earlier in the week, I told you the story of NATO and Catherine spectrally, nomadic husband and wife who had travel the world with the kids and started a fulfilled by Amazon business that supports their travels, allows them to have more as an opportunity and our lives could have got a different kind of travel story. Interesting lessons in this one, including a comment on how to price your service. I get a lot of questions about that's for me to give you a very simple rule of thumb. This project might be interesting to people who, like to plan, and who are good at putting together lots of different actions, steps and seeing them through. Definitely and undervalued skill, and people in certain professions tend to have at scale perhaps more than others. So I often talk about her. Throwing scales and using the skills. You already have one hears a very real world example of that, and unless they just a quick mention of it Travel course than I offered you on Monday. If you'd like to learn more about travel hacking,
and how to see the world without spending a lot of money, we're trying something different. You can just send a quick email. A blank email in fact to travel at sight of school dot com will automatically send you that recourse by e mail and for some reason you don't like it. Of course, you can unsubscribe slats travel at sight of school dot com and today, stories coming up right after this support for this punk ass comes from progressive What would you do with an extra eight hundred dollars by a plane ticket pay down? Your student loan treat yourself to those shoes you denying with progressive. You can find out drivers who switch and save save an average of seven hundred. Ninety six dollars on car insurance get your quote online at progressive, dot com and see how much you can be saving national average we'll car insurance savings by new customer surveyed who saved with progressive in twenty nineteen
accountant rashly augur wall. An engineer husband job are keen travellers whenever given the opportunity there always down for in your experience and as an avatar, hunter. Russian is always on the lookout for a money saving adventure. When she found a big discount on tickets to Chile's she knew it beat a perfect thirtieth birthday gift for Jeff, Jeffrey been wanting to go to Patagonia. Ever since hearing about a friend's expensive, guided tour. The year before Russia, he bought the discount tickets and plan a trap, the kept a destination and itinerary a surprise from Jeff until just before they left upon returning from their adventure and telling their friends how they saw penguins hiked Patagonia and explore the desert all in one week, Common response was one of our and how much they were able to do in a week and for how little money to, but I just text planning said Rockne when a friendship that he would pay to have them plan a trip like that for her, the idea their side hustle was born. It was called the vacation hunt. Division behind this must be officially launched just a few months ago
most busy people dont care to research or plan their own vacations. So I simply either end up not going or going to the same few places repeatedly and a season travellers Jeff, have planned, transfer themselves, friends and family for years. Their experience guys them and be able to provide a unique service and, through the vacation hunts, surprise vacation packages they may is he for travellers to go somewhere new and perhaps somewhere they didn't think they could afford fears. Outworks a traveller for the vacation height completes a questionnaire detailing preferences for activities, dining and accommodations, along with the requested length of trip, and then travellers, the vacation. I then determines the location they should go based on the answers and books. Airfare, hotel. On behalf of the traveller, the traveller learn to them. The nation, when they receive tickets, an itinerary as well as personalized activities, dining and transportation tips etc. But Russia and Jeff also like to keep it find by sending clues in advance of where the person
can I go now. As I worked on the story, I thought you know. Some people are really like this idea and some people aren't too again just keep a minus aside. Also school sinuses airily, something for you. Go and do it for you to learn and think about. Ok, is there a market for people who would want someone to plan their vocation? Even if I would want to planet myself, Maybe I wouldn't want someone to surprise me with a destination. I had no idea about. Well, that's fair, but they're probably are a lot of people who would like that to keep that in mind asian hunts first official customer was a friend of a friend. They had made a simple website using square space spent less. Three hundred hours on the whole thing and is Came out of nowhere from a customer who book to package without any prior contacted all the moment was surreal and right, We had to read the order a few times before believing it is true, but it was true and they got to work planning a trap. Russian Jeff work on this project together they consider it a true partnership. Jeff is better working on the website. Russian is better at social media and marketing
when it comes to actually playing the trips they worked together, rushing tell me we often have different ideas of fine and it helps to bounce ideas off of one another. Russian Jeff also did their research when deciding what to charge for the service. This started with timing, a few friends planning trips, which included researching the destiny. In making an itinerary complete with dining activities in transit, then booking in printing at all. They discovered it took about ten hours over the course of a few days to do all those things then I thought about what that time would be worth to them and they built that price into their package offerings. I take a quick pick it that square space cited Jeff had made, and it looks like surprise packages start at seven hundred fifty dollars a person for an all american adventure and twelve hundred dollars a person for an international intrigue, just some fun names. I chose for the package's since the vacation hunt is a service based business. Overhead is low. There's a mine, ongoing licensing costs as well as printing in mailing fees for the surprise packets, but really it's mostly about the amount of time they put into the project, Customers are coming by word of mouth friends of friends and coworkers
yet done a lot of outside marketing. They wanna make sure they perfect model before they start trying to reach a lot of other people, but so far is working they specially, enjoy the satisfaction they get from. Seeing people have great trips, they wouldn't have gone on without their help. There also noticing that their surprise package's I've been most popular for special events like honeymoons, so far they plan through honeymoons and they really enjoy doing that because I feel, like their part of helping another couple, start their lives together. The vacation hot was profit. Four month. One, the biggest limitations or time in Russia and Jeff are definite putting their planning skills to get work. So congratulations, rationally and Jeff. There are several things we can take away from this story. First, about transferring the skills you already have. One of them was an accountant
an engineer. They is probably fair to assume that people in those professions tend to be detail, oriented good at planning good at seeing different steps. So it's only natural if they had a passion for travel, especially the planning side of travel, that that would be a good sign of sulphur them to pursue, and indeed it seems like. It is now also mention pricing your service. So there is a lot we could say about pricing we'll do a whole special episode about it, because I know people have questions but just to get you thinking here is a very simple rule of thumb, which is almost exactly what rushing in Jeff did when you providing a service and you're not trying to quit your day job necessarily. This is your first venture into this so world. However, the most important thing you need to think about is: what is my time worth? You can start by thinking about the income you make for your day job you might get a salary, but what is the rough hourly equivalent of that? I would suggest that you're sorry low income should be a floor whenever you make it an hour for your day job, you want to make at least that, if not more from your side, hustle
then, when you think about putting together a service like this vacation hunt, package, you're necessarily charge hourly sets not always a good idea, but you think about how much I'm gonna. Take you to provide the service. There might be some experimentation involved there. You might learn as you go along, but if you can get an idea of what's involved and then you, Are you ok? What is my minimum hourly income at a little bit of extra time, because there's always more to be done, even though we like to keeping simple this The other steps you having considered when your first outlining something and that's how you can come up with that number. That's how Jeff in Russian came up with seven hundred fifty dollars a person for domestic traps or twelve hours, a person for international trips, and I think it also says in their website if people don't wanna, surprise or already have a destination in mind which seems like an important secondary market, they also offer trip planning and booking services starting at a hundred fifty dollars. So it seems that somewhat flexible, depending on what people need
anyway. I hope it is helpful to you, as you think, about your hustle and hopefully not just thinking about it, but doing something about it, because inspiration is good but inspiration combined with action, so much better position on our side of the school dot com. Slash one seven for if you have a car question for the show give me a call on a hustle hotline, eight thousand four hundred and forty nine hustle, wherever you are able to take one step today to get closer to the freedom you want. I'm crystal about. This is side hustle school.
Transcript generated on 2020-08-06.