TIE #064: How This Newsletter Made $11,073 in June 2024
I'm not a genius, I'm just documenting my businesses.
Your first step to escaping the rat race is making your first $1,000 online.
The best way to accomplish this as a beginner is with a simple Amazon business where you sell other people’s products.
It worked for me 10 years ago and it’s what I would do if I had to start over from scratch today.
You can try to figure that out on your own or you can become a paid subscriber and receive free access to my private mentorship group on Discord:
Upon joining, you will get full access to all my premium guides and content.
Choice is yours.
Welcome to the monthly performance update of this newsletter.
Not only do I document the profit and loss of multiple businesses inside it, but I also document the newsletter itself.
I came up with this idea because I wished someone out there did it but couldn’t find anyone doing it.
So I said: “Fine, I’ll do it myself”
Let’s take a look at how things went in June:
Total subscribers gained: -289
In reality we gained around 400 subscribers in June but I pruned about 700 who were ignoring my posts over the last couple months.
I don’t want people here who aren’t interested in what I have to say.
Now let’s look at paid subscribers:
Paid subscribers gained: +15
In the middle of June, I announced a huge change.
Instead of keeping my paid mentorship group and paid guides separate from this newsletter, I bundled them in for new paid subscribers.
As a result, the price to become a paid subscriber doubled.
So far the response has been great and it looks like it was a smart move according to the initial data.
It’s going so well that I might bump the price up another 25% here shortly.
I want to keep my paid community niche and exclusive.
You’ve been warned.
Next we have traffic:
Total Views: 136,402
After a couple months of 150,000+ views we cooled off by about 10%.
Likely the result in none of my social media content going viral (which happened in April/May).
Here are the sources:
I keep saying I want to bump that YouTube number up and then I don’t make any videos.
It is the only thing I’ve ever slacked on when it comes to content…
Why?
I have no idea.
I think it is just because I hate doing video.
Truthfully, I need to get over it and take advantage of the platform.
It is too valuable not to.
Finally, here is how much money we made from paid subscriptions:
Total Profit: $11,073.06
After an increase of over $2,000 last month, we nearly did the same this month.
As you can see by the large spike though, this was the result of several subscribers locking in cheaper pricing prior to the price increase.
I don’t expect us to stay above the $10,000 mark every month moving forward just yet.
If it happens, it happens but it is the last thing I’m focused on.
My priorities here are as follows:
Write the newsletter I wish someone else would write
Provide value and help paid subscribers pay for their subscription and/or profit from it via the content
Keep the community here niche and exclusive
Thanks for being here and thanks for reading.
When you are ready, there is one way I can help you.
Join 600+ people in becoming a paid subscriber to this newsletter:
By paying $39/month or $349/year, you get FREE access to:
My private mentorship group on Discord (this used to be $329)
My LEGO Investing Mastery Guide (this used to be $169)
My Textbook Flipping Mastery Guide (this used to be $169)
Buy/Sell alerts for LEGO (these will make you money)
These resources will show you how make your first $1,000 on the internet using the same methods I used to escape the rat race.
This is the plan to go from ZERO to HERO. Thank you for your content and support!