A few reasons why...
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YouTube rewards watch time, so people make videos unnecessarily long.
Google rewards content length, so people write unnecessarily long blog posts.
Authors turn 10-page ideas into 200-page books to justify selling them.
The format rewards you when you deliver maximum value in a minimum amount of words.
A one-sentence newsletter will be LOVED if that one sentence consistently provides value.
They're intimate.
Readers consume your ideas w/o the distractions of a social feed or influence of commenters.
There are no like counts or comments influencing the perception of your newsletter - it stands on its own.
They don't magically show up in someone's social feed.
They allow you to speak directly to the people who WANT to hear from you...and only them.
The people who want to hear from you will hear from you without you playing engagement games to please the social algorithms in order to get your ideas in front of them.
You don't have to dumb things down.
You can email your subscribers once a year if you want, but it's unlikely to have much impact.
Good newsletters are consistent newsletters, and consistent newsletters build relationships.
They force you to show up.
This is a good thing.
Your goal isn't to reach everyone with your idea - it's to reach the someone who needs to hear it most.
There's no lighting to worry about.
No thumbnail images to create.
No bad audio to overcome.
A newsletter rides on the essence of what matters most - your ideas.
There are no distractions.