you want to know the most profitable business that can make you thousands or potentially millions of dollars in the shortest amount of time it made this guy 320 000 a month and made this guy a million dollars in his first six months and he only started last year in 2022 and it also made this 25 year old 75 million dollars in just five years that's a ridiculous amount of money and not only will it make you lots of money but it's arguably the safest business to have in any Market condition and I call this email
blogging or old-fashioned newsletters all right so what's a newsletter I think everyone already knows this but it's actually it's an audience list that you build with the purpose of making millions from it when it reaches a certain size in time I send an email I make around five thousand dollars which is more than I was making in a whole month of working full-time as a doctor and what do you think when you hear the word newsletter boring and sexy well today I'm gonna prove you wrong and blow your socks off so in this video I'm
going to tell you why I love this business model and the millions of ways that you can make money from it and how to start this business even if you have zero audience and make sure you stick around till the end because I'm going to be sharing you some hacks because you can start making money sooner than you think all right I know we're all obsessed with social media everywhere you go people are talking about being on Instagram Tick Tock YouTube but the truth is the highest conversion rate is with email newsletters and there was
a study recently by Mackenzie that found that newsletters inquired 40 times more customers than social media newsletters generated 174 more conversions than Facebook or Instagram and the average open rate for an email newsletter is 25 where the average reach for a Facebook post is just around six percent so let's say you have 10 000 email subscribers and 10 000 Facebook commands your email would have reached 2500 people while your Facebook post would have been seen by just 600 people if you're lucky so you see when done right email will give you a much better Roi
and why is this the case well if you're in someone's email list you've given explicit permission to be on that list and we all trust our inbox and notice all the big guys all the gurus that you follow everybody has an email list alright so a couple of things I love about a newsletter number one is free to start whereas if you start a YouTube channel you may need a camera lighting hard drive but newsletter zero dollars and you're not gonna lose money doing a newsletter and number two is low friction so Tick Tock or
a YouTube channel is hard to start some people are shy in front of the camera you have to write the script shoot the video and edit it afterwards it's a lot of work it's a big commitment and number three you own your audience and this is huge if you're building an audience on Tick Tock Instagram or YouTube You're essentially building a house on rented land so it doesn't matter if you have one million or 10 million subscribers you don't own the audience what's relevant today might not be relevant tomorrow look at Myspace Snapchat and who
knows what will happen to tick tock one day and you know what every year everybody's saying email is dead but you know what else happens every year all these social media channels that we all love and dedicate our time and they're putting up walls between us creators and our audience and you even have to pay to reach your own audience but then again since you're playing on people's platforms they can make up any rules that they want but with your own newsletter you own everything so you want to build your influence without being vulnerable to
algorithm changes that can happen anytime it's kind of like Insurance in case something happens to social media and Tobias the CEO Shopify I said the email is the last thing we have total control over because email is our own platform and number four is that a newsletter is an asset that you can monetize a million different ways and this is the juicy part so how do you make money from newsletters number one brand sponsorships so once you get a good amount of subscribers you can start reaching out to brands for sponsorship deals and here's a
fact a buddy of mine runs a newsletter talking about dogs and he's got about 50 000 subscribers he charges between three thousand and five thousand dollars per email for brand sponsors so if he sends a newsletter every week that's four times a month it means that you can make between 12 000 to 20 000 in brand sponsorships alone and what's great is that once you get the ball rolling a lot of these Brands will work with you on a recurring basis which means that you can get paid every week or every month it's predictable and
I like that and another way to make money is through affiliate marketing so if you have a newsletter about dogs you can plug in affiliate links in your newsletter and earn a commission when someone clicks on the link and makes a purchase and you don't want to underestimate this guys so if you're in a gardening Niche for example and someone buys a high ticket item like a lawnmower those commissions can add up pretty quickly and another way you can monetize is by writing an ad Network on your newsletter so if you go to any cooking
block you'll probably see that these websites are covered with ads well did you know that you can run the same type of ads as well on your newsletters so an app like beehive has started to integrate this on the system so if you use them to send your newsletters you have access to these tools as well and the next way is to have a premium newsletter where you charge a monthly fee for someone to be a subscriber so you would probably start with a free one and later you can start a separate premium newsletter and
this is actually pretty common in the investment Niche where people would pay maybe around 15 to 20 dollars a month to join a newsletter where a Creator shares his own Investment Portfolio and his stock picks and even allow his audience to have private access and ask questions and you can basically do this in any Niche if you find that you can give Extra Value to your audience you can definitely charge for it and people will pay so think about that for a second if you just have a thousand people subscribed to your 10 a month
newsletter that's ten thousand dollars on and you know how I feel about things that are recurring right all right if you're liking this content so far please click like And subscribe down below alright so the next step is to find something to write about so people always say I don't know what to write about well you can actually write about whatever you want but you got to choose something you care about if you love Tech or gadgets you can write something about the latest Apple products or latest Samsung phones or if you're a mom you
can write about your experiences tips and tricks about on how to raise a child or maybe you can simply write down five things you find interesting during the week whether it's books gadgets or hacks that you find and put that into your newsletter and that's exactly how Tim Ferris started with his newsletter that grew to 2 million subscribers but if you really have no idea what to write about you can even curate from other sources and create a newsletter so just like this guy Sean Pourri he gathers crypto news from other sources and simply put
them into his newsletter and he call it the milk Pro it doesn't do Market predictions there are no dip Dives just a curation of crypto news and it delivered it in a very fun and Casual way just like a conversation you'll have with a friend over a beer and he grew his audience from zero to 250 000 in just one year and he later sold the newsletter for a million dollars and this was even after the crypto crash so my point is you don't have to be an expert you just have to be a curious
human and be consistent with it all right now once you've decided on a topic you want to write about you want to use a tool that can deliver business letters you don't want to be writing every week 52 times a year so you want to use an automation tool like beehive so you can batch produce your newsletters and schedule them to be sent every week so if you're just getting started I would recommend using beehive I use it personally and it's so easy to use and it's completely free and is also used by the milk
road so the big guys are using it and it also allows you to sell premium subscriptions you can put ads on your newsletters and everything I just said earlier you can do with beehive and again it's completely free to start if you click on the link below and you can upgrade once you get some fraction you can get a Premium plan which gives you a custom domain and you can use it without the Beehive branding so I'm not sure how long the free account is going to be available for so just to be safe just
sign up for us and think later it's free anyway now I know what you're thinking I don't have any audience how do I start well everyone has social media right so even if you don't have a lot of followers use your own social media as a starting point everyone has to start somewhere and once you do that another great way is by going through Facebook groups so if you're in the parenting Niche you can search for parenting in Facebook and you can check if there's any audience for the topic that you want to write about
so once you find these groups you can join them you can provide some value and eventually get the audience to your newsletter remember to bring Value First and people will naturally follow you now once you've grown to about 500 subscribers then you can do something more sophisticated call call collabs so this is one of the hacks I use as well to bring massive results so you can browse websites like sub stack and find other newsletters with similar signs as you and basically ask them to do a subscribers so you can simply write an email saying
hey I have a newsletter with 500 subscribers and I'm wondering if you'd like to cross promote and grow our list together here's what I have in mind to put in yours and you can tell me what you want to put on my newsletter you make it stupid simple and since it's the win-win for both parties I can guarantee you that 9 out of 10 they'll say yes there's no money involved there's no friction so do this over and over again until you make millions of dollars all right so I'm going to give you a bonus
tip to get more sign ups faster so the trick is you got to give people a reason to subscribe nobody wakes up in the morning and say oh my God I can't wait to subscribe to your email list or ooh email I want more email people generally don't want more emails you need to let people know why they should subscribe so you gotta have what I call an irresistible freemium or some people call it ethical bribes you gotta have an offer that's so good that people want to join your newsletter and your offer has to
contain three things number one it needs to solve a problem number two has to be high value and number three it has to have one quick win so something that should help them achieve something quickly so for example if you're in the travel and points Niche you can probably say something like how I flew to Japan in business class for 53 dollars or if you're in the parenting Niche you share a quick hack on how to stop your baby from crying in five seconds like who doesn't want that and her Moses said in his book
make your offer so good people will feel stupid for saying no alright I'll make it super easy for you guys if you want a guide that gives you examples of the best ethical bribes you can download it for free down below you see what I did there but seriously it's a guide that you can really download for free down below alright if you guys are interested in a deep dive on how to make money with newsletters comment down below and if enough people comment I'll make another video and I'll teach you how to reach out
to brands for sponsorship deals and how to run the business on autopilot look guys we are in a war for attention once you can get someone's attention and build a strong Community for them there are millions of ways you can make money it will blow your mind so I think you're crazy for not starting a newsletter