Tim Stoddart & Ethan Brooks: How to Make Thousands On A 1k Person Email List
Jan 9, 2024
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Media veteran Lexi Grant shares how she landed her first 1k subscribers and earned thousands from that list. Tim and Ethan discuss self doubt, idea validation, and how to allocate energy across projects. They also explore the importance of site navigation, using Hype Fury to build a social media following, launching a notebook company, building cash flow before product, and different approaches to tackling tasks.
Validating product ideas through audience engagement is crucial before investing significant resources.
Sharing ideas and gathering feedback from potential customers helps refine and improve product or business concepts.
Even with a small email list, targeted and valuable content can be monetized through advertising.
Deep dives
Testing a new product idea
The podcast episode discusses how the speaker is testing a new product idea for a guided journal about anxiety. The speaker shares their personal experience and the strategies they developed to manage anxiety. They talk about the importance of audience reach and testing the market before investing significant time and resources into the product. The speaker also mentions the value of sharing the idea and gathering feedback from potential customers. They highlight the need to validate the idea and build an engaged audience before fully committing to the product development and launch.
Importance of sharing ideas and building an audience
The podcast emphasizes the importance of sharing ideas and engaging with potential customers. The speaker shares a case study of a woman who grew her audience by sharing her idea and asking for feedback. This approach helped her validate the idea, gather insights, and build an engaged community. The speaker also encourages listeners to overcome the fear of sharing ideas and focus on gathering valuable feedback to refine and improve their product or business concept.
Monetizing a small email list through advertising
The podcast episode explores how a woman successfully monetized her relatively small email list through advertising. The speaker discusses how she shared the idea of a company focused on highlighting acquisitions in the business space. By building an engaged audience and leveraging her expertise, she was able to sell ad placements in her newsletter at a significant price of $5,000 per ad. The speaker emphasizes the importance of understanding the value of your audience and finding ways to monetize even with a small list by providing targeted and valuable content to advertisers.
Overcoming fears and taking action
The podcast episode encourages listeners to overcome their fears and take action on their ideas. The speaker emphasizes the importance of sharing ideas, gathering feedback, and engaging with potential customers. They highlight the value of testing and validating ideas before fully committing time and resources to product development. The episode also highlights the importance of building an audience and exploring different monetization strategies, such as advertising, to create sustainable income streams.
The power of experimenting and starting small
The podcast episode emphasizes the power of experimentation and starting small when pursuing new ideas. The speaker shares examples of entrepreneurs who have successfully launched businesses by testing small ideas and gradually expanding based on customer feedback and market demand. They encourage listeners to be open to trying new things, putting imperfect work out there, and learning from the results. The episode emphasizes the need to take calculated risks, gather data, and iterate based on insights gained along the journey.
This week we have another throwback episode. On this week’s episode, Tim Stoddart (@timstodz) and Ethan Brooks (@damn_ethan) talk about how media veteran Lexi Grant landed her first 1k subscribers, then earned thousands from that list. The guys are also both working on product launches, and take you behind the scenes to talk about self doubt, idea validation, and how to allocate your energy across projects as a creator.
Your personal assistant to grow & monetize your 𝕏 (Twitter) audience. Give Hypefury a try and grow your personal brand. This is the exact tool I used to build my brand to almost 100,000 followers and 20,000 newsletter subscribers.
