Making $50K with online coworking, $215K liquid soaps brand, & 100 successful solo founders

Hey,

Happy Thursday, Starters. We're halfway through July!

This week, we're featuring 4 amazing stories + a trending business idea that's taking off:

#1: Bosco made $50K with an online-only coworking space:

We just caught up with Bosco, founder of SinOficinia - the first online coworking space for the Spanish speaking community.

How did he come up with this idea? Bosco realized other solo-entrepreneurs felt isolated in their businesses just like him - so he decided to validate the idea by talking to other entrepreneurs.

In just one year, he's grown to 350+ paying subscribers and just crossed the $50K mark without spending a single dollar on advertising.

Read the full story here.

NOTE FROM THE EDITOR: There is certainly an opportunity to take this idea and apply it to different communities and markets that have been displaced by COVID-19, especially in the US.

#2: Michele built a $216K liquid soap business with less than $500:

Late last week we spoke with Michele, founder of MamaSuds - a non-toxic household cleaning brand. 

With less than $500, Michele built a successful brand that is now generating $216K/year with one employee. 

Michele dedicates her massive growth to her decision to rebrand three years ago:

Comparison of traffic before & after the rebrand:

What change caused this massive spike? Simply switching up the packaging.

Learn more about Michelle's rebrand here.

#3: Jen turned her local business into a $50K/year ecommerce brand (no employees): 

We recently published our interview with Jen from FOXLY handmade. 

She sells just one signature product. Jen's business is on pace to make $50k/year with zero employees.

Her secret? Email - 40% of sales come from her list. 

Learn more about her email marketing secrets!

EDITOR'S NOTE: Want to learn how to effectively grow your email list? I wrote up all of my tips here.

#4: 100 Profitable One-Person Business Ideas (2020)

You don't need a co-founder!

We put together a list of 100 successful solo founder businesses.

Find your perfect idea here.

Jeremy Enns started a (20K/month podcast production company as a solo founder

#5: What's trending? Pillow talk.

The bedsheet industry is making billions capitalizing on our sleepless nights.

In 2015, the bed linen business reached approximately $48.9B and was projected to increase to $61B by 2020.

Who's doing it well?

Last year, we interviewed Colin McIntosh with Sheets and Giggles - the guy that transformed the bedding industry. 

At the time, his business was generating $200K/month and had plans to increase revenues by 4x in the coming years.

His secret? Facebook Ads - but the reason customers convert is simpler than you'd think...

Want to learn more about starting a bed sheets business? Check out the full guide here.

(This report is apart of our 1,000+ business ideas)

#6: Are you ready to boost your revenue?

I want to give a shoutout to our long-time sponsor Klaviyo.

Using Klaviyo will open up a massive, untapped sales channel and bring you closer to your customers!

I'm a huge fan of the product (I use it for Starter Story and love the segmentation/drip features). I've also been able to collect so many emails using their website form integration - my list growing over 3k/month now 😲

Here are just some of the impressive businesses we've interviewed that use Klaviyo for email marketing and are raving about the product - all great interviews you should check out as well!

• Brumate ($1.1M/mo at 23 years old)
• Sheets & Giggles ($76k/mo in just 6 months)
• Beardbrand ($100k+/mo - 1.5M YouTube subscribers)
• Abs Protein Pancakes ($25k/mo passive income business)
• Xero Shoes ($460k/mo - featured on Shark Tank)
• The Longhairs ($30k/mo)
• Framed Tweets ($25k/mo)

Level up your email marketing with 👉 Klaviyo!

(And thank you for your support 🙏)

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Thanks for reading! See you next week.

- Pat Walls, Founder @ Starter Story

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