The Passion Economy

Single Operated Newsletter – The Passion Economy as An Alternative to Driving for Uber

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Looking for a way to make a part-time income other than Uber or Lyft? In the beginning, ridesharing may be exciting, interesting, and even fun. You get to meet new people and discover parts of the city you never knew. Pandemic DrivingUnfortunately, the current pandemic has taken lots of the joy out of driving for …

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Single Operated Newsletter – 100 True Fans is Faster

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Wired magazine editor Kevin Kelly wrote an essay called “1,000 True Fans,” predicting that the internet would allow “regular people” to make a living off their creations, whether an artist, musician, author, or entrepreneur. He argued that creators only needed to engage a modest base of “true fans”—those who will “buy anything you produce”—to the …

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Single Operated Newsletter – Do Things That Don’t Scale

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Single Operated Newsletter – Do Things That Don’t Scale! One of the most common types of advice given at Y Combinator is to do things that don’t scale. A lot of would-be founders believe that startups either take off or don’t. You build something, make it available, and if you’ve made a better mousetrap, people …

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Single Operated Newsletter – How to Create Monthly Recurring Revenue (MRR)

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There are two predominant business models in the Passion Economy: SaaS or a take rate of creator revenue (GTV). For platforms that monetize through SaaS, what MRR and ARR is the company generating from creators? There are a lot of sub-metrics important to SaaS business models, like new MRR, expansion MRR, and churned MRR—we recommend …

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Single Operated Newsletter – How to convert free readers into subscribers

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Single Operated Newsletter – How to convert free readers into subscribers Passion Economy creators often utilize free distribution platforms—such as Facebook, Instagram, YouTube, or free podcasts and newsletters—to grow their audience, then convert some of those free users to paying customers. Platforms that support the monetization of fans include; KajabiTeachablePodiaPatreonBuy Me A CoffeeMighty Networks. Measuring …

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