By leveraging a 'hub and spoke' model, the speaker and their co-founder successfully acquired a high percentage of subscribers by getting access to hubs like classes and clubs, which in turn gave them leverage to reach a larger number of students efficiently. This approach allowed them to quickly grow their subscriber base to around 2500, mostly comprising students from the business school at Michigan. The hub and spoke model simplified their customer acquisition process and enabled them to expand their reach effectively.
Episode 127: On this episode of Founder’s Journal, I break down the exact strategies we used to acquire our first 10,000 newsletter subscribers and abstractable growth lessons you can apply to your business.
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