Well - for the past year, I've been doing a podcast called My First Million. Gimmicky name, but whatever.
It's a pod where me and @theSamParr (and friends like @awilkinson @_jacksmith etc.) brainstorm business ideas based on trends we see
So I thought the whole "paid newsletter" thing was dumb.
So naturally, I tried it out as an experiment.. The results were kinda nutty. The newsletter started bringing home $49k per month (!) -- Here's the backstory
Well - for the past year, I've been doing a podcast called My First Million. Gimmicky name, but whatever.
It's a pod where me and @theSamParr (and friends like @awilkinson @_jacksmith etc.) brainstorm business ideas based on trends we see
People like listening to us shoot the shit, brainstorming ideas.
But as the nearest schmuck will tell you - ideas aren't shit without execution!
The problem is - execution is less sexy.
They edit & cut out all the dead ends they hit, the stuff they tried that failed.
This gives people a f*cked up idea of what execution really is.
The number one question I get in my DMs everyday is: "I love that idea from the pod, how would you approach it?"
There's no simple answer. So for months I just ignored them.
I can't TELL you how to execute...but maybe I can SHOW you.
A paid newsletter showing you the day-by-day of how to take an idea from $0 to $1M+
Yes, most people want to get rich
But the "gurus" who sell courses are typically packaging up cliches + stories of past success and then saying goodluck!
This was different. I'll show you exactly how I do it. Live.
It's like David Blaine when he does a stunt (eg. frozen in ice, buried alive etc.)
It's a new form of teaching (which is my passion). Like a virtual apprenticeship.
And I begged @benmlevy to help me and he said yes.
✅ Raise $1M from investors you've never met before
✅ Grow an ecom store to $100k/month
☠️ Launch an online course that makes $1m
With email updates 5x a week.
We hit 2 outta 3 (not bad) projects, and sent 60+ emails in 3 mo
We couldn't say "we emailed someone, and they said yes!"
We showed the exact screenshots, spreadsheets, templates & tactics.
Screencasts, frameworks & templates were fan favorites.
How much did it cost? --> Avg. customer paid $155/mo
How much revenue did it bring in?--> ~$50k/mo.
What's the profit margin? --> ~96% (just processing fees + a few saas subscriptions). $0 marketing spend
We luckily chose to do it OFF substack (just using Stripe + Convertkit+ Landen ) to avoid paying the 10% fee which would have been $5k/month
"What? You ended it?? are you crazy??"
Maybe, but it was too much work. I pursue money to get more free time.
This was the opposite, trading all my free time for money. Too hard to do this while having a job + baby.
This was super profitable, but all my content was behind a paywall, reaching only ~350 people.
I'd rather make free content & reach more people. Join the email list 👉 https://t.co/hyXkTjKWSo
- I thought paid newsletters were dumb
- to test that assumption, I tried it
- it took off! $$$
- too much work for me, so I stopped
- I'd rather do it for free, for fun here : https://t.co/hyXkTjKWSo
- I realized paid newsletters are not dumb. I'm dumb.
More from Shaan Puri
Reading this article, the story sounds pretty wild. But I spent a weird amount of time with Martin Shkreli, and I’m not surprised the journalist fell in love w him
A few years back my team built an app called Blab. It was like clubhouse before clubhouse.
When he first joined the app I had no idea who he was. I just saw that his live streams instantly had 3-4K viewers. More than anyone on our tiny platform.
I googled him and it came up: “Martin Shkreli, most hated man in America”
I assumed he was bad news
And he was... but also he wasn’t.
He was a douchebag, but he was in on the joke. He was a dick, but he was also very entertaining.
In the mornings he would live stream himself analyzing stocks or walking through drug discovery pathways.
In the afternoon he’d let people call in and debate him live on air. A CNN reporter tried to get him to go on TV, he refused, and said debate me here on Blab, no edits, no tv time limits.
At night he’d host late night convos - and eventually fall asleep on cam
The guy was a pain in the ass but man he drove traffic.
We had big celebs like Tony Robbins, the Jonas brothers etc... he outperformed them all.
At one point he was bringing in 100k users per month directly to his channel. And Bc he was so entertaining, they stuck.
A few years back my team built an app called Blab. It was like clubhouse before clubhouse.
Christie Smythe covered white-collar crime for Bloomberg News and lived "the perfect little Brooklyn life" with her husband. Then she threw it all away for one of her sources: infamous pharma bro Martin Shkreli. https://t.co/Xk0zXmYkgF
— ELLE Magazine (US) (@ELLEmagazine) December 20, 2020
When he first joined the app I had no idea who he was. I just saw that his live streams instantly had 3-4K viewers. More than anyone on our tiny platform.
I googled him and it came up: “Martin Shkreli, most hated man in America”
I assumed he was bad news
And he was... but also he wasn’t.
He was a douchebag, but he was in on the joke. He was a dick, but he was also very entertaining.
In the mornings he would live stream himself analyzing stocks or walking through drug discovery pathways.
In the afternoon he’d let people call in and debate him live on air. A CNN reporter tried to get him to go on TV, he refused, and said debate me here on Blab, no edits, no tv time limits.
At night he’d host late night convos - and eventually fall asleep on cam
The guy was a pain in the ass but man he drove traffic.
We had big celebs like Tony Robbins, the Jonas brothers etc... he outperformed them all.
At one point he was bringing in 100k users per month directly to his channel. And Bc he was so entertaining, they stuck.
More from Trading
I spent over 100 hours studying the best patterns in Technical Analysis taught to me by @niki_poojary.
Turns out, patterns trading is simple—if you follow these 8 Patterns:
Let's start: ↓
While studying her Twitter profile and with constant talks with her, I found these to be the most important patterns she focuses on always.
Then I wrote a small summary of what each pattern means.
Also attached are some examples from her tweets.
1/ Cup and handle Pattern
Happens during an uptrend.
The cup portion has a U-shaped appearance.
The bears are getting weaker as they are unable to drive the prices below the last low.
Subhasish Pani uses this a lot in stocks to spot bullish trades.
Eg
Eg
Turns out, patterns trading is simple—if you follow these 8 Patterns:
Let's start: ↓
While studying her Twitter profile and with constant talks with her, I found these to be the most important patterns she focuses on always.
Then I wrote a small summary of what each pattern means.
Also attached are some examples from her tweets.
1/ Cup and handle Pattern
Happens during an uptrend.
The cup portion has a U-shaped appearance.
The bears are getting weaker as they are unable to drive the prices below the last low.
Subhasish Pani uses this a lot in stocks to spot bullish trades.
Eg
5: When to play directional:
— Nikita Poojary (@niki_poojary) December 18, 2022
Whenever the index is moving in a single direction, its important to go with the trend.
A few weeks ago when BNF broke out of the cup and handle pattern, all we had to do was sell PEs.
Pls note: weekly TF chart is attached to just show the C&H BO pic.twitter.com/z0wgUzJW8t
Eg
#VOLTAS Another cup & handle pattern for cash positional pic.twitter.com/Jsc99xJfwY
— Nikita Poojary (@niki_poojary) October 23, 2019
