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January 23, 2023
"Habits are the compound interest of self-improvement."
- James Clear
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IdeaEconomy is now CreatorBoom.com!
In case you missed my message last week, I've changed the name of the IdeaEconomy newsletter to CreatorBoom. It's the same content but from john@creatorboom.com now.
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Do you like this newsletter? Please email me a short testimonial, along with your photo and website link and I'll include the best ones on the new homepage.
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John
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Here is a summary of 10 creator case studies from StarterStory.com. All are making tens of thousands of dollars per month.
Big Idea: There are riches in niches.
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Nick Loper shares how he earns $420k per year from his Side Hustle Nation blog and Side Hustle Show podcast.
via @ebizfacts
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"The only way to really break out as a creator, according to the world’s most successful creator, is by finding your Personal Monopoly. This is true despite, and because of, the fact that there are so many courses, threads, YouTube videos, podcasts, and blog posts about how to become a successful creator. While the nuts and bolts – how to set up a camera, for example – might be useful, the premise is flawed. If you’re following a playbook, you’re already dead."
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"What do you get when you combine two hot trends—crypto and newsletters—plus two serial entrepreneurs and a tried-and-true playbook? The answer: An email list of 250,000 subscribers and a sale just 10 months after launch."
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Dylan Redekop of Growth Currency shares the strategies that have been working to grow his newsletter.
Big Idea: Twitter has been a major growth driver for him, but lead magnets, cross promotions, and republishing on Substack and Medium have also been effective.
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Vanessa Lau shares the biggest trends for creators including:
► Anti-Hormozi Style: Don't just copy what works, find your own style
► Anti-Niche: Focusing is good, but differentiate yourself with your own personality and story
► Why now is a great time to do podcasts ► ChatGPT
► Community and Experiences: How the One-to-Many content model is changing to Many-to-Many
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Josh Spector interviews David C. Baker, "the Leading Authority on Positioning, Reinventing, and Selling Firms in the Creative and Digital Space."
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Thanks for reading!
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