How To Better Mings’ Business

Steven Gerrard on when he’ll select Tyrone Mings again: “When he looks me in the eye”. The first thing that comes to mind is, “What the hell happened between those two?” Not the context of the quote. What Gerrard meant was more along the lines of when Mings could honestly say he’s ready.

Anyway, this has nothing to do with today’s article. We just wanted to show you how the media chop and change words for their benefit — something we’d never do, of course. Except maybe when we can’t think of an opener (now).

Besides, it’s kind of relevant. We are writing about Tyrone Mings. We do mention Bournemouth, and right now isn’t the first time he’s spent time on the sidelines.

In 2015, Tyrone’s Premier League debut (for Bournemouth) lasted all of 6 minutes. A full forced tackle and his knee bent the wrong way caused a tear in his cruciate ligament. He was out for 12 months.

This lengthy injury afforded Tyrone time to think. He realised putting all his “eggs in one basket was dangerous”. So he started a business.

Here’s a little-known fact: Tyrone Mings was a mortgage advisor before becoming a footballer.

With his experience in property, he started an interior design agency named KTM Designs with his school friend Katie Thomas.

They’ve been somewhat successful and everything. But what we really want to tell you is how you could do the same. Only in a way that will grow faster, be more efficient and make more money — no experience needed.

Remember our article on drop-servicing? For those that don’t, it’s simple:

  1. Find customers that need a service.
  2. Sell them that service.
  3. Out-source the work for less money and keep the difference.

What does this have to do with interior design, you say? We’re glad you asked. You see, digital interior design is booming. And still, only a fraction of the agencies are entirely online.

So here’s what you do:

  • Build a simple website.
  • Get customers to send photos of a room.
  • They fill out a design survey.
  • You hire designers to create a 3D rendering of the space, staging it with virtual goods based on the client’s design preferences. (Find them on Fiverr or Upwork)

Here’s how you make money:

  • Charge £300-£500 per room for an introductory consultation. You can increase prices depending on the size of room or experience of the designer.
  • Affiliate links for the furniture in the designs. Meaning you get paid when someone buys the furniture you suggested.

Why this is brilliant

Your only job would be project management and finding ways to get people to your site. The rest is automated and can grow to be very substantial.

To stand out, niche down. Think patios, baby nurseries, tiny houses, or work-from-home offices.

P.s.

The most entrepreneurial players are the ones at the highest level. Arguably they’re the ones that need a business the least. Don’t wait for a bad injury to get serious. Start today.

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