How 7-Figure Newsletters Make Money - IdeaEconomy

There are 3 main ways to make money from a newsletter:

1️⃣ Free subscriptions (monetized via ads)
2️⃣ Low-price subscriptions
3️⃣ High-price subscriptions

Alone, each can be a multi-million dollar biz. But together they're better...

Via @TimStoddart

"I was stuck at 150 email subs for months. Then I grew my list to 1600 in 3 days."

"In this episode, you'll discover eight proven ways virtual summits can grow your online business. These repeatable results have been proven time and again."

Big Idea: Online interview summits are a great way to build an audience and establish yourself as an expert in a niche. They can also be lucrative if done right.

"Take Andrew Kamphey, who is a self-described "maker." Kamphey told Mashable that he's made more than $40,000 in the past year from his spreadsheet products, such as "100 Twitter Templates in a Google Sheet." His main moneymaker is Better Sheets, which teaches users how to better utilize Google Sheets (so they too can sell their spreadsheets).

Another maker, Janel Loi, went with Notion, a workspace tool that allows users to create databases and wikis, to build her product, Newsletter OS. It includes templates, spreadsheets, and more that can help creators manage their newsletters. In a conversation with Mashable, Loi says she has made more than $35,000 from it since it launched in October 2020."

Big Idea: If you are starting an online business a great first product can just be a nicely organized, comprehensive collection of resources for that niche. It's a great way to gain a deeper understanding of all the companies in that ecosystem, plus gives you a good reason to contact and get to know key people. Follow up the directory with a Virtual Summit and you have an instant audience.

"I created Newsletter Operating System, which I've bootstrapped to over $35k in revenue. It has helped more than 900 newsletter writers start, grow, organize and earn from their newsletters."

Here is an AMA from Janel Loi mentioned in the previous link.

Getting published in large blogs, online magazines, and newspapers can be a major boost to your search engine rankings and generate large amounts of visitors to your site.

"If you’re wondering how to write for publications (and become a contributor to major publications), then look no further. As a frequent contributor to major business publications like Forbes, Entrepreneur, Fast Company, Business Insider, and others over the past 8+ years, this is my ultimate guide to becoming a contributor on your dream publication."

Big Idea: The author, Ryan Robinson, often earns more than $50k per month from affiliate commissions on his website. Comprehensive SEO articles like this, plus high-quality backlinks from large online publications are how he gets the traffic. It takes a lot of work, but it's not complicated.

Creator content funnels can help you grow quickly. Here's how.

"Starting from zero is hard. Thankfully, successful creators have given us clues on how to grow an audience by using something called a content funnel. Here's how it works."

via @basicproblem.co

"If your business is doing well and you are looking to grow it even more, then publishing a book may be the right next step for you."

"A book is a very important tool, says Terry, because it shows that you are really an authority or an expert in your particular area. It validates many aspects. And the mere fact that you’ve put the effort into making a book is an impressive thing."

"Amazon FBA businesses are real, attainable, and allow people to work from home. Today, I’ll break down the basics of Amazon FBA and how to get started yourself and be well on your way to making $1000/month."

How AI-Generated Content Will Define the Future

Here is a selection of the best links I've found this week to level up your founder skills.

What Makes an Outrageously Successful Facebook (and Instagram) Ad - GrowthHackers.com

Jay Clouse: Building, Scaling & Selling a Thriving Community - Ayush Chaturvedi

You're a content marketer not a writer - Animalz

I grew an online community to $100K ARR over one year, AMA! - Anne-Laure Le Cunff

5 Things To Know Before You Start Freelancing - Foundr

An algorithm for driving newsletter traffic- Findka.com Interesting idea to promote your newsletter.

13 Best Chrome Extensions for Digital Marketing and SEO - Search Engine Journal

Best Copywriting Examples by Dave Gerhardt - Kevon Cheung

Pitching your early-stage startup - Stripe