🧠A Curated Newsletter with Businesses for Sale
How to Become a SaaS Marketer and Ryan Reynolds Doesn’t Miss
What’s up party people! We’re back with another side hustle idea!
Before we dive into today’s idea, let’s connect on Twitter!
And if you have any ideas for this newsletter, check out our suggestion box!
1. Business idea of the Week: Curated Newsletter with Businesses for Sale
$7 trillion of Baby Boomer businesses will be sold by 2030. - @SMB_Attorney
The next 7 years will be a massive wealth-generating opportunity for Millennials.
Why? Because baby boomers will retire and sell their businesses, giving Millennials the opportunity to buy them.
But instead of actually buying these businesses, how can we cash in on this trend?
The idea: Create a newsletter that curates local businesses for sale.
The product is simple.
Find businesses for sale in a specific town or city, put them in a Newsletter, and build your email list.
How to get started: There’s a few ways you can source the businesses, but the easiest will be websites like bizbuysell.com or loopnet.com.
You can also search sites like Facebook Marketplace or Craigslist to find smaller businesses for sale.
Finding subscribers for the Newsletter will be the biggest challenge, but here’s a few ideas to get your first few subscribers:
Post the newsletter in local Facebook groups or Subreddits.
Attend local small business meet-ups and ask people if you can add them to your newsletter.
Cold email local business brokers and ask if you can add them and their clients to your list.
How to monetize: There are three ways you can look at monetizing this Newsletter:
Premium membership: Subscribers pay a monthly fee to be on the list and get premium listings sent to them.
Ads: Businesses and brokers can pay you for an advertisement in the newsletter.
Commission model: This can work if you are able to build a relationship with local brokers and negotiate a commission for buyers or sellers you send them.
This is a lucrative industry that will only grow in the coming years and there’s never been a better time to start than now.
And that’s a wrap!
2. How to Become a SaaS Marketer
Have you ever wanted to become a SaaS marketer? Or learn the secrets of the trade?
Every week Growing Up asks 600 of their most trusted advisors in SaaS marketing how they’re getting more customers and growing their marketing career.
78% of their subscribers read EVERY issue, (that’s how you know it’s good).
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3. Ryan Reynolds Doesn’t Miss
Ryan Reynolds is widely known as the actor that plays the role of Deadpool, but he’s also one of the best businessmen of our generation.
Ryan Reynolds owns a stake in a number of different companies including Maximum Effort (a production company), Aviation Gin, Mint Mobile, Wrexham FC, and a few others.
Ryan made news this past week when it was announced that T-Mobile is buying Mint Mobile for $1.35 billion.
Which means a BIG payday for Ryan. Like a $300 million payday…
It all started when Ryan began buying ownership in Mint Mobile back in 2019, building his equity up to roughly 25% of the company.
But why is Ryan Reynolds able to buy into these companies and increase their value so much?
It’s all about marketing. And Ryan is a master marketer.
In the case of Mint Mobile, Ryan took over as the main spokesperson of the company and produced marketing campaigns that went viral.
So what’s the lesson here?
In order to reach this level of success, you need skills that companies want.
It could be sales, marketing, or even engineering, but you need to have undeniable value. Like the marketing power that Ryan Reynolds brings to all of his companies.