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My First MillionMy First Million

How To Grow A $75M Newsletter Business | Morning Brew Co-Founder (#398)

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - Episode 398: Sam Parr (https://twitter.com/theSamParr) and Shaan Puri (https://twitter.com/ShaanVP) talk to Morning Brew Founder & CEO Austin Rief (https://twitter.com/austin_rief) about building, growing and selling a newsletter valued at $75M in 5 years, whether newsletter businesses are still worth doing, how to make them succeed, and a few good side hustle ideas to start now. — Check Out Shaan's Stuff: • Shaan's weekly email - https://www.shaanpuri.com • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents. — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth 💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch ----- Links: * Morning Brew - https://www.morningbrew.com/daily * Toptal - https://www.toptal.com/ 📧: Sign up for The Hustle Daily Newsletter: https://mfmpod.link/8c1 🎙️: Download Our Podcast: https://link.chtbl.com/PyZIFvUo A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us. ------ Show Notes: (00:00) - Intro (00:34) - Morning Brew origin story (17:46) - Ad sales (22:57) - Austin's strengths (31:29) - Austin's upbringing (33:28) - What did you do with your new found wealth? (45:35) - Ideas brainstorm (57:45) - Future plans ------ For more quality videos subscribe here ➡https://www.youtube.com/channel/UCyaN6mg5u8Cjy2ZI4ikWaug?sub_confirmation=1 🔔 Turn on notifications to stay updated with new uploads #shorts #youtubeshorts Like || Share || Subscribe

Sam ParrhostAustin RiefguestShaan Purihost
Dec 20, 20221h 16mWatch on YouTube ↗

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Episode Details

EPISODE INFO

Released
December 20, 2022
Duration
1h 16m
Channel
My First Million
Watch on YouTube
▶ Open ↗

EPISODE DESCRIPTION

No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd - Episode 398: Sam Parr (https://twitter.com/theSamParr) and Shaan Puri (https://twitter.com/ShaanVP) talk to Morning Brew Founder & CEO Austin Rief (https://twitter.com/austin_rief) about building, growing and selling a newsletter valued at $75M in 5 years, whether newsletter businesses are still worth doing, how to make them succeed, and a few good side hustle ideas to start now. — Check Out Shaan's Stuff:

  • Shaan's weekly email - https://www.shaanpuri.com
  • Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents.

— Check Out Sam's Stuff:

💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch ----- Links:

📧: Sign up for The Hustle Daily Newsletter: https://mfmpod.link/8c1 🎙️: Download Our Podcast: https://link.chtbl.com/PyZIFvUo A podcast where we brainstorm new business ideas based on trends & opportunities we see in the market. Sometimes we have famous guests, and they do it with us. ------ Show Notes: (00:00) - Intro (00:34) - Morning Brew origin story (17:46) - Ad sales (22:57) - Austin's strengths (31:29) - Austin's upbringing (33:28) - What did you do with your new found wealth? (45:35) - Ideas brainstorm (57:45) - Future plans ------ For more quality videos subscribe here ➡https://www.youtube.com/channel/UCyaN6mg5u8Cjy2ZI4ikWaug?sub_confirmation=1 🔔 Turn on notifications to stay updated with new uploads #shorts #youtubeshorts Like || Share || Subscribe

SPEAKERS

  • Sam Parr

    host

    Co-host of the My First Million podcast and founder of The Hustle newsletter/media company.

  • Austin Rief

    guest

    Co-founder of Morning Brew, a major business newsletter and media company.

  • Shaan Puri

    host

    Co-host of the My First Million podcast and entrepreneur who co-founded the Milk Road crypto newsletter.

EPISODE SUMMARY

In this episode of My First Million, featuring Sam Parr and Austin Rief, How To Grow A $75M Newsletter Business | Morning Brew Co-Founder (#398) explores morning Brew's Austin Rief on Scaling Newsletters, Ads, Wealth and Ideas Austin Rief says Morning Brew expects about $70-75M in revenue this year with a double-digit profit margin and roughly 250 people, after starting as a college project with Alex Lieberman.

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