How I made $200,000 with Unlimited Consultations
Earlier this year, I tried something a little different: I started offering one-on-one consulting to members of the Small Bets community. But I put a twist on it. Instead of charging for my time by the hour, or per session, or per…↗
If you're thinking about starting an AI newsletter, don't.
If you started one already (and don't have 100k+ subscribers) you need to rethink your business model.
CPMs are too low (~$20) to build a business on sponsorships alone.
You need another way to monetize.
Services, sub…↗
💡 Simple Software Holding Company
Look for expiring .com's with keywords that imply some sort of simple tool you could build on top of it. Should have existing backlinks and even better if it's got traffic.
Build said tool. Ideally self-contained with no need for third-party A…↗
Why is it that the companies with the highest gross margins and zero marginal costs are also, as a group, consistently unprofitable?
It just seems odd to me.
Over the past few years, one hypothesis I have can be summarized as follows: "Your marginal advantage is inversely corr…↗
Every startup needs to figure out its flywheel - it provides incredible strategic clarity on what levers to focus on. This is a great example from Doordash's S-1 showing how their business has 3 interlocking flywheels built around local network effects, economies of scale & brand↗
Barstool Sports Content Model:
- Find amazing talent
- Give them a platform
- Provide them with the infrastructure to succeed
- Align incentives so they don’t leave
This is the model for the next generation of media companies↗
Costco is a fascinating business.
You know all those groceries you buy?
Yeah, they basically sell those at breakeven and then make all of their profit from the $60 annual membership fees.
Quick [THREAD]↗
