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- New business ideas: $100K/yr curating deals, $10K/mo local newsletter, $500K/yr automated biz š¤
New business ideas: $100K/yr curating deals, $10K/mo local newsletter, $500K/yr automated biz š¤
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eBiz Insider
Business Ideas Newsletter
Hey, it's Niall š
If you want a business thatās simple to start, quick to launch, and compounds over timeā¦ newsletters are hard to beat.
Todayās email is all about newsletter businesses ā and the real money theyāre making.
A good mix of examples belowā¦ š¤
Small town local newsletter = $10K/mo
Deals curation newsletter = $100K/year
AI-powered newsletter = $500K/year
The blueprint is simpleā¦
Pick a specific niche
Show up consistently
Then layer in monetization
And there are many ways to monetizeā¦
ā
Ads
ā
Premium upgrades
ā
Digital products
ā
Physical products
ā
Events
ā
Selling services
ā
Affiliate marketing
ā
Job boards
ā
Legal notices
ā
Etc.
With the new year around the corner, if youāre thinking to start a newsletter, nowās the time šŖ
Not sure what software to use?
Check out Beehiiv for free below ā itās powered my emails for 2.5 years š
Itās built for growing + monetizing newsletters without a bunch of duct-taped tools.
Beyond that, keep scrolling for some newsletter inspiration š„
Niall Doherty
eBiz Insider
TOGETHER WITH BEEHIIV
This newsletter you couldnāt wait to open? It runs on beehiiv ā the absolute best platform for email newsletters.
Our editor makes your content look like Picasso in the inbox. Your website? Beautiful and ready to capture subscribers on day one.
And when itās time to monetize, you donāt need to duct-tape a dozen tools together. Paid subscriptions, referrals, and a (super easy-to-use) global ad network ā itās all built in.
beehiiv isnāt just the best choice. Itās the only choice that makes sense.
CURATED NEWSLETTER
$100K Per Year Newsletter Curating Airbnb Deals
š¬ A recent interview with founder Chris Cerraā¦
How Chris describes RemoteBaseā¦
We find and curate the best accommodation deals for the digital nomad or the traveling remote workerā¦ some people [say it's] like Scott's Cheap Flights for Airbnb.
Chris started the newsletter in 2019 š
Growth was slow initially, and he paused operations for several months during the pandemic.
Now he's got almost 11K subscribers, sends 2x per month, and earns $100K+ per year š¤
Each edition of the newsletter is a big list of Airbnb deals with ad spots in between.
Chris also has a premium upgrade for the newsletter, but it sounds like most revenue comes from the ads in the free version š°
Another example of a curated newsletterā¦
What kind of information or data could you curate that a niche audience would find valuable?
Perhaps something also related to deals, like RemoteBase and Scott's Cheap Flights. The latter became a multi-million dollar business š¤Æ
LOCAL NEWSLETTER
Earning $10K/Month From His Year-Old Local Newsletter
Derek Carlson runs Bend Buzz, a 3x weekly newsletter about Bend, Oregon (pop. 108,000).
He recently shared that it took him 13 months to start earning more than $10K/month from the newsletter š
Breakdown is 80% direct ads. 10% other (job board, premium memberships, etc), 10% social media deals.
Expenses around 20% for ads, tech, and a freelance writerā¦
14k subs. I have two ad spots per newsletter and charge anywhere from $300 - $500 per ad, depending on the client.
He says he barely does any outreach for advertisers; they all come to him š„
Regarding the job boardā¦
Grabbed a free Wordpress plugin that I added to my websiteā¦ Folks can post jobs for $25 and I include them in the newsletter every Wednesday.
š Derek apparently ran ads to grow fastā¦
I just hit 10k subs in my local newsletter and about 1/3 of those have been organicā¦ if you canāt invest in ads youāre gonna have a really hard time growing the newsletter to a point where itās worth the time and effort.
For organic growth, posting in the r/Bend subreddit worked wellā¦
I was lucky that my subreddit and mods were very receptive to the posts.
MEME BREAK
Things Are Getting Pretty Serious
AUTOMATED NEWSLETTER
He Makes $500K/Year With This Automated Newsletter
27k free subscribers, 2.5k paid subscribersā¦ Started by Matt Moody, a serial AI/ML entrepreneur, in 2021
The $500K/year revenue comes via š
Advertising: $180K
Subscriptions: $220K (digital & print)
Events: $12K
Legal notices: $95K
š§ The really interesting partā¦
The content in Salina311 is all automated by specialized agents. Some examples:
Public Meeting Agent: Transcribes public meetings on YouTube with OpenAI Whisper, identifies key points, turns key points into headlines, writes articles and sends to Ghost by API, sends Matt a text message to review (by Twilio)
Interview Agent: Uses Gmail API to conduct back and forth async interviews with public figures. Once interview is finished, drafts article, sends to Ghost by API, and sends Matt a text message to reviewā¦
Scraping crime statistics and local crimes committed into a weekly crime newsletter
Scraping obituaries posted elsewhere and parsing those submitted by forms into a weekly obituaries section
There's an 80-minute interview with Matt on YouTube if you want to dive deeper.
What newsletter content could you automate with AI? š¤
Perhaps an interview-focused newsletter for a particular niche using that interview agent?
TOGETHER WITH BEEHIIV
Ready To Launch Your Newsletter?
The most successful newsletters in the world have access to the best tools ā and now so do you š
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