Writing something worth reading is hard.

Writing something people will PAY to read is even harder.

In 2020, I launched my paid newsletter, Daily Writing Habits, and made $10,000 yr 1 (a little less than ~$1,000 per month).

9 tips for starting a paid newsletter of your own 👇💸
1/ Give 99% away for free / monetize the last 1%

Most writers treat their paid newsletter as 99% paid, 1% free.

Do the opposite.

Make your paid newsletter your Greatest Hits. But keep creating free & compelling content elsewhere.

dailywritinghabits.substack.com/p/give-away-99…
2/ Speak directly to the reader (like a pen pal)

One of the greatest sales copywriters ever, Gary Halbert, started every newsletter with "Dear Friend,"

I loved that—so I stole it.

I imagine I'm writing every letter to 1 person.

Make it personal.
3/ Short newsletters = daily, long newsletters = weekly

Don't try to do daily, long newsletters.

Also don't think 1 short newsletter every week or 2 weeks is going to be valuable enough for readers.
4/ Only launch a paid newsletter if you have an audience elsewhere

This is Mistake #1 for most writers. There's no discovery function on Substack, so readers randomly finding your newsletter is slim to none.

Start free somewhere else, then move your free audience paid.
5/ If you want to grow, all efforts need to point to your paid newsletter.

A big reason my paid newsletter only did $10k year 1 is because I rarely push readers to it—because I have other products I'd rather point people to.

So, don't. All roads should lead to your newsletter.
6/ Your bio is where most people will discover your newsletter.

Your Substack link (or w/e platform) should be in your bio. Your bio itself should say, "I write about X every Wednesday, subscribe here 👇"

Make your social bios a Call To Action.

Here's an example:
7/ For every 3 paid newsletters, send 1 free to your entire list

Or, find the ratio that works for you.

But the majority of people who subscribe are going to be freebies. So you want to keep sending them tastes of your content—and encourage them over time to go paid.
8/ Even when you send paid newsletters, duplicate your post and also send the first 1/3rd to your Free list

This is something I do and it has worked extremely well.

Send a snippet of a paid post to your free list with a Subscribe To Keep Reading button.

Example:
9/ In conclusion: paid should be a 2ndary focus to your free content

If you have no at-scale / free content strategy, building a paid newsletter is going to be an uphill battle.

Ex: master Twitter threads, first. Then take all that attention and direct it to your paid letter.
10/ Shameless plug for my own newsletter:

dailywritinghabits.substack.com

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More from @Nicolascole77

18 Mar
BitClout is creating a new category—most just don't see it yet.

As with any early-stage, radically different, boundary-pushing project, Twitter is already calling BitClout a "scammy" project, and a "Black Mirror episode" manifested.

Here's what I see instead 👇 Image
1/ Quick TL;DR history

BitClout is a super-stealth blockchain project where people can buy, sell, and trade Creator Coins—coins that represent the perceived value of a creator.

- @elonmusk has a coin
- @chamath has a coin
- As of today, I have a coin

Anyone can have a coin.
2/ Rumor has it there are some pretty big players involved (I won't name names yet), and BitClout has srs VC backing.

Like most high-flying projects that catapult out of Silicon Valley's elite network, BitClout has also been built & launched in 100% stealth mode.

Not Googleable
Read 15 tweets
12 Mar
Building an audience is not a goal.

It’s an outcome.

So, here are 7 actionable ways to achieve that goal to produce that outcome 👇🏼
1/ Create without expectation

People can sense your intentions. And if your intention is to “build an audience” to quickly extract ($$$) value, you will repel more than you attract.

Give generously. Expect little in return.
2/ Keep your promises

If you say you’re going to write something new every day, do it. Show up. Let your actions speak louder than your words/promises/public announcements.
Read 9 tweets
23 Feb
📊 The New Way Writers Are Gaining Traction In The Digital Age 📊

Since 2014, I have been writing every single day on the Internet.

That's not "the secret" to success.

The REAL secret is the strategy I used to pick high-performing topics.

Here's the framework ✍️📊📈👇
Step 1: Write, publish, and gather data points.

Every time you publish something on the internet, you are generating a data point.

Write 1 thing per year, that's 1 data point.

Write 365 things per year, that's 365 data points.

More publishing = more data.
Step 2: Every 10-20 data points, look for trends.

Writing 1 thing on the internet and deciding whether or not you are a "successful writer" is pointless. You're examining data in a vacuum.

Instead, look for trends among data points.

Here's how 👇
Read 14 tweets
23 Feb
📢 Big Announcement! 📢

Write The Ship, a 4-week live cohort for writers, is now OPEN.

You will learn:

• How to use data to become a world-class writer
• Why data-driven writers build audiences 10x faster
• How to Name & Claim your own category

enroll.ship30for30.com/write-the-ship…
🚢 The Inspiration For Write The Ship 🚢

At the start of the year, @dickiebush created the most impactful Daily Writing Challenge Twitter has ever seen: Ship 30 for 30.

In just 3 months, hundreds of writers/Shippers have gone through the program.

But, what's next?
📈 Why Data Is So Important For Writers In The Digital Age 📈

"The Subtle Art of Not Giving A F*ck" started as a viral blog post.

"Atomic Habits" was written after YEARS of @JamesClear gathering reader data by writing online.

The most successful writers today all use data.
Read 11 tweets
16 Feb
🚢 Atomic Essays Republishing Framework 🚢

1. Write Atomic Essay
2. Post image on Twitter
3. (Bonus) Copy/paste text as thread
4. Find relevant Question on Quora. Copy/paste Atomic Essay + image.
5. Copy/paste again on Medium.
6. Again on LinkedIn
7. Win

Guide below ✍️🚢👇
Step 1: Write Atomic Essay

I really enjoy writing right inside the Figma template. It helps give me a good sense of exactly how much "real estate" I have/have left before my time us up and I'm out of space.

Once finished, I export the image and send to my phone on Slack.
Step 2: Post image on Twitter

Before I publish my Atomic Essay on Twitter, I use the Edit/Photo Markup function on the iPhone to highlight standout sentences.

These are usually power-phrases: things the reader skims and thinks, "That's interesting," prompting them to read more.
Read 9 tweets
13 Feb
💸 The 5 Revenue Streams Every Writer Should Build For Themselves 💸

Today I have ~9 different revenue streams for myself, but these 5 are the big ones that have fueled my career for the past 5 years (and allowed me to quit my 9-5 & go all-in on writing) 👇🧵
1/ Writing as a service

This is without question the easiest revenue stream to build, and where most writers start.

The first big jump in my income as a writer came from ghostwriting. Once you learn how to provide writing as a service (and get paid $$), you're off to the races
2/ Write books/guides/etc.

My 2nd paid product online was a $30 "How To Become A Top Writer On Quora" course. My 1st was a eBook series called "Skinny to Shredded."

Create assets that can be sold infinitely at scale. Small numbers ($$$) add up over time.
Read 8 tweets

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