Build and monetize professional referral networks
Difficulty: ●●○○○ | Time Investment: 15-25 hours/week
Visual Flow
[BUILD NETWORK] → [FACILITATE REFERRALS] → [TRACK SUCCESS] → [REFERRAL FEES]Quick Stats Box
- Startup cost: $50–$200 - Time to First Sale: 1 week - Revenue potential: $800–$3,500/month - Scalability: HighWhat You Need:
- Networking abilities - CRM system - Trust building skills - Follow-up disciplineWhat You Do:
1. Build network in specific industry 2. Understand member capabilities 3. Match needs with providers 4. Facilitate warm introductions 5. Track and collect feesHow You Charge:
- Per referral: $50–$200 - Success fee: 10-20% - Network membership: $99–$299/monthLaunch Checklist
- [ ] Day 1: Choose industry focus - [ ] Week 1: Recruit 20 network members - [ ] Week 2: Make first 5 referrals - [ ] Month 1: Process 20 referrals - [ ] Month 2: Launch paid membershipSuccess Story
"Nancy's B2B referral network generates $2,700/month connecting service providers"Pro Tip
Start with free referrals to build trust. Monetize after proving value through successful connections.---