1733
5 min 49 sec

Q&A: Should I become a “miles and points broker”?

This listener’s dad has an extra half million Frequent Flyer miles sitting around. The surplus has got them both thinking: is there a way they can get paid by matching discounted miles with budget flyers?
Subscribe Download
Q&A

Subscribe Now For A Free Five Step Tutorial

What It's About

Today's caller wants to resell airline miles. Does this idea have wings?

Notes from Chris

Episode 1733
Is there such a thing as a bad idea? Absolutely! And it’s not always your fault … the way you find good ideas is by having a lot of ideas.

Is this all a setup for a listener question that I might suggest is a bad idea? You are so smart.

This listener’s dad has an extra half a million Frequent Flyer miles sitting around. The surplus has got them both thinking: is there a way they can get paid matching discounted miles with budget flyers?

This is not actually a good idea! I’ll tell you why, and what might be better in my answer.

"My dad has more than half a million Frequent Flier miles that are just sitting in his account. In the past he’s used miles to book trips for family, but he still has plenty. I noticed that there are brokers that will buy his miles and then use them to book trips for strangers. How does this marketplace work? Can anyone sell their miles or points to a broker and make a profit, and how does someone learn to become one of these brokers? I looked through the archives but couldn't find an example of a story like this."

Listen to today's episode to learn more...

 
  SEE ALSO:

Inspiration is good; inspiration combined with action is better. Now get back to work!

Yours in the revolution,

cg-sig-newsletter

Download Episodes By Months:

Season 8 (2024): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 7 (2023): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 6 (2022): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 5 (2021): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 4 (2020): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 3 (2019): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 2 (2018): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Season 1 (2017): JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC |

Resources

CREATE YOUR ONLINE STORE

Create your online store with Shopify using an exclusive discount for Side Hustle School listeners. For a limited time, get a free 21-day trial and a 10% discount for a whole year.

Many Side Hustle School listeners are building sites using Shopify's easy-to-learn platform. Try it free today!

Learn More

GET YOUR FIRST 1,000 EMAIL SUBSCRIBERS

Social media is nice, but building an email list is still the single best way to get customers and clients for your hustle. It's not hard to get started—sign up for a 30-day trial and join the list-building challenge! You’ll be up and running in no time.


Learn More

Sponsors & Gratitude

Don't Do Business Without It

Side Hustle School is brought to you by American Express.

No matter what you do in business, from working nine-to-five to working five-to-nine, it’s easier when you don’t go it alone. Get the powerful backing of American Express—don't do business without it! 💳


Visit American Express

Like the Show? Leave a Rating!

Side Hustle School is for you! If you’re enjoying it, please take a quick moment to leave a rating or write a quick review. It's really easy and it makes a difference! ✅

It also makes a huge difference when you tell your friends about the show. Remember, it's 100% free and listener-supported.


Here's How

Keep in Touch

There’s a new story every single day on Side Hustle School. Episodes are produced to be short and to the point—I know you’re busy. Be sure you subscribe to get instant notification of the day’s broadcast!





To infinity and beyond,

Chris Guillebeau