Community Boards

A side hustle focused on placing advertising boards in high-traffic locations to generate income.

Why It Works

The model taps into existing foot traffic and provides local businesses with advertising space, creating a win-win for advertisers and venues.

Revenue & Traction

Advertisers pay around $350 for a board, and there are multiple revenue streams including postcards and other advertising options.

Founding Story

Not mentioned in the transcript.

Business Playbook

Key strategies include building relationships with local businesses, offering value beyond traditional advertising, and maintaining a high renewal rate with existing clients.

Why this works now

Google Maps' location services facilitate targeted advertising by allowing Community Boards to identify high-traffic areas for placing boards. The founder could initiate revenue by promoting board placements through local chambers of commerce websites, directly reaching potential advertisers. A key risk for this business is the upfront capital required to secure prime advertising locations, which may limit initial expansion efforts.

Additional Information

The business has opportunities for upselling additional services as trust builds with clients.

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