"I'm talking about long-form content, all about going deep and finding out how to actually make money off of these opportunities," he says. "Right now I have Sparkloop set up. So that's like a high top of funnel way to monetize it." He also has sponsorships where companies can advertise in the newsletter or pay him through strike payment automatically integrated on his phone. 'It's kind of a passive thing. Usually for the non-recurring revenue streams, whether it be sponsorships or whatever it may be, I try to set it up to be as passive income adjacent as possible'
Welcome back to another episode of the Send & Grow podcast. This week, SparkLoop cofounder Louis Nicholls sits down with Eric Lam of Exploding Ideas, a fast-growing newsletter about business start-up ideas on trending topics.
Eric is always looking for business ideas. So he started the Exploding Ideas newsletter where sends curated startup ideas in "million dollar niches" to all his subscribers. But for paying subscribers, Eric sends a second weekly edition with an even deeper dive (more information, tips & resources) for that week's business idea.
In this episode, Louis & Eric discuss…
- How Eric's newsletter has grown quickly since starting up 4 months ago
- His Reddit growth playbook: how to organically grow your newsletter with Reddit
- Eric's newsletter monetization funnel anyone can replicate
- ...and much more!
Other Links Mentioned
Exploding Ideas
Eric on Twitter
Louis on Twitter