My First Million
The Simple Newsletter Making $20M+ A Year With 1 Employee
Jul 1, 2024
In this engaging chat, Kevin Van Trump, creator of The Van Trump Report, shares his fascinating journey from a rural farm kid to a commodities trader, culminating in a newsletter raking in over $20 million annually with just one employee. He discusses the unique value proposition of his business model and how consumers are increasingly drawn to agriculture. The conversation also dives into modern farming trends, including lab-grown meat and the rise of skilled trades, offering fresh perspectives on wealth-building and sustainability.
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Quick takeaways
- Business success can stem from venturing beyond comfort zones and attending diverse conferences.
- Value creation is crucial in business, and trading should involve waiting for significant opportunities.
Deep dives
Origin Story and Connection
The podcast discusses the origin story of the host and how he met a successful newsletter entrepreneur at a conference in Arizona. The entrepreneur shared insights about his newsletter business that charges subscribers $600 per year, emphasizing the profitability of the paid subscription model.
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