Chapter
The Business Potential of Local Newsletters
There is a lot of untapped potential in creating local newsletters that could provide valuable information for subscribers and serve as a platform for targeted advertising. By acquiring users through paid search or Facebook traffic and keeping costs low, creators can make a profit and offer an opportunity for people looking for a side hustle.
Clips
The speaker suggests that acquiring users through paid advertising with locally targeted ads for a local classifieds and business advertising platform could be a profitable endeavor, particularly for people seeking side hustles in smaller towns.
1:27:18 - 1:30:34 (03:16)
Summary
The speaker suggests that acquiring users through paid advertising with locally targeted ads for a local classifieds and business advertising platform could be a profitable endeavor, particularly for people seeking side hustles in smaller towns.
ChapterThe Business Potential of Local Newsletters
Episode#105 with Avlok Kohli and Xavier Helgesen - Leading AngelList Ventures and Buying Businesses Like Berkshire Hathaway
PodcastMy First Million
The gross margin number is an important factor to consider when looking for a business to invest in or start on your own.
1:30:34 - 1:32:34 (01:59)
Summary
The gross margin number is an important factor to consider when looking for a business to invest in or start on your own. Look for ones with high margins to increase potential profits and options for spending.