Business Idea: Substack Newsletter in 2024
Want to turn your passion for writing into a business? Consider starting a Substack newsletter. Substack allows writers to create and distribute subscription-based newsletters with ease.
You write compelling content, and Substack handles the subscriptions and payments. Whether diving into niche topics or offering expert insights, thereβs an audience ready to pay for quality writing. Building a loyal subscriber base is about consistency and value; this may involve research, engaging storytelling, and regular interaction with your readers.
If youβre dedicated to providing valuable, well-crafted content, a Substack newsletter offers a potent way to monetize your writing.
Revenue & Profitability
How much do substack newsletters make?
- On average, successful substack newsletters report $511K/year in revenue.
- 100% of substack newsletters report being profitable.
Startup Costs
How much does it cost to substack newsletter?
- It can cost as low as $145 to substack newsletter.
- It can cost as high as $15,000 to substack newsletter.
Learn more about the costs of a substack newsletter.
Examples Of Successful Substack Newsletters
Successful substack newsletter businesses and case studies
Contrarian Thinking is a premium membership community that teaches its 1.5 million members how to implement cash flow strategies to achieve financial freedom, with a current run rate of $3 million and a goal of $50 million ARR in five years.
I Know The Pilot founder Garth Adams shares how he grew his airfare and accommodation deals newsletter from a simple WordPress site to over 780,000 email subscribers, 110,000 app users, and 550,000 Facebook fans on a 100% free business model, and how he's pivoted domestically during the Covid-19 pandemic.
See full list of successful substack newsletters.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
