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6 Step Checklist To Build A $100,000+ Paid Newsletter On Substack
In this episode, I share my proven 6-step framework for building a $100,000+ paid newsletter on Substack, the same approach I used to grow Category Pirates and Write With AI into 6-figure newsletters. This walkthrough covers key strategies like harnessing a traffic engine, making your newsletter topics tangible, and leveraging Substack's unique free-to-paid model to maximize reader engagement and conversions. And at the end, I confront the most common questions and faulty beliefs I hear about starting a paid newsletters. If you're a writer, business owner, or complete beginner aiming to generate substantial recurring revenue and build a long-term audience, this checklist will help you structure, scale, and monetize your newsletter effectively on Substack and beyond.
(00:00) Step 1: Pick a topic attached to a traffic engine
(01:34) Step 2: Make your newsletter tangible.
(06:29) Step 3: The “One Free, One Paid” Strategy
(09:10) Step 4: Send paid snippets to your entire free list.
(11:12) Step 5: Put the paywall preview at a cliffhanger.
(12:27) Step 6: Leverage Substack notes.
(13:35) Q: How long should a newsletter be? Do you start charging immediately? Does anyone use email anymore?
(15:07) Q: Subscribers, Open Rate, and CTR - how do you improve these metrics?
(16:33) Q: How do you continuously provide high-value content to maintain a long-term audience?
(18:12) Q: What if I’m too young/old and have no prior experience?
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✍️ Want to start writing online? Download this free Ultimate Guide to get started: https://startwritingonline.com
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🤖 Need some help learning how to leverage AI as a writer? Check out our favorite ChatGPT prompts for writers: https://startwritingwithai.com
💻 Want an endless supply of proven, viral-worthy digital writing templates? Check out our software platform, Typeshare: https://typeshare.co
🧙♂️Are you a fiction writer? Here's a crash course on how to turn timeless storytelling frameworks into game-changing ChatGPT prompts: https://startfictionwritingwithai.com/
📚 For more information on my books, businesses, and other writings, visit my website: https://www.nicolascole.com
Coffee With Cole: The Digital Writing Podcast 