Playbook #088: Newsletter Publication
🖼️ The Big Picture
If your Investor DNA involves serving or entertaining the masses through writing, then starting or buying a newsletter business could be right up your alley.
With crazy-high profit margins, low startup costs, and the ability to get started and run day-to-day operations with minimal tech skills, this is a fantastic, cash-flowing, lifestyle business for the right person.
But it’s not just about the cash flow… there’s also the potential for a big exit down the road. Sam Parr sold The Hustle to Hubspot for a reported value of about $27 million. Not a bad day at the (home) office.
With newspapers shutting their doors, trust in media at an all time low and the rise of “influencers” on every social media platform, it makes sense that free and paid newsletter subscriptions are on the rise. People love following leaders on topics ranging from business, politics, investing, sports, personal development, and just about anything you can think of.
Newsletters give writers a powerful platform to not only reach their audience, but monetize it — for anywhere from a nice side income, to millions of dollars per year.
So, if you have a unique voice and can impact people with your writing, then keep reading and definitely consider starting or buying your own newsletter publishing company.