Alex Lieberman Archives

The lucrative opportunity of Twitter ghostwriting

March 4, 2024 by John Bejakovic

I recently found out about the shadowy world of Twitter ghostwriting. In the shell of a nut:

People will write on your behalf on Twitter, if you pay them well. They will pretend to be you, so you can grow your audience and business and status.

I was actually considering hiring somebody to do this for me. Not for this newsletter, but for my health newsletter.

I asked around how much it would cost.

The answer came back:

$5k-$6k per month, if you want somebody to genuinely tweet newish content on your behalf day in and day out.

I also had a business owner who employs copywriters in other capacities quote me (“at cost,” he said) $500 a week just to take my existing newsletter content and repurpose it into 10 pieces of Twitter and LinkedIn fodder.

Quite the racket, I think. But it wouldn’t exist if somebody wasn’t getting value out of it on the other end.

In fact, Alex Lieberman of Morning Brew, who I wrote a lot about last week, feels so confident about this Twitter ghostwriting opportunity that he recently started an agency providing just this as a service.

But back to work:

You can pay somebody $5k per month to pretend to be you on Twitter. Or you can pay Kieran Drew just $297, one time, to learn how to be yourself on Twitter, or something close to yourself, and to have tens of thousands or hundreds of thousands of people follow you, listen to you, and ultimately buy from you.

Kieran should know about this. He’s succeed at it himself, and he’s taught and coached a small country’s worth of other people to succeed at it as well.

But the opportunity is disappearing.

Not because Kieran has spilled his secrets on social media writing. There’s enough audience out there for all of us, because only 1 out of approximately 714 people will ever write a single line of online content.

But the opportunity is disappearing. Because later tonight, specifically at 12 midnight PST, Kieran’s High Impact Writing is going back in its secret silo, somewhere in the north of England where Kieran has his lair.

If you’d like to get Kieran’s High Impact Writing while it’s still available, and while the price is still an attractive $297 rather than the explosively higher price it will be in the future, then I suggest you act now.

I also suggest you act now if you want to get the recordings of my Age of Insight training, which sold for $297 when I put this show on a little over a year ago.

Age of Insight shows you how to write in an insightful-sounding way, even if you have nothing very insightful to say.

I’m offering these recordings for free as a bonus to Kieran’s High Impact Writing. But that’s only if you act before the deadline.

If you’re interested, take a look here:

https://bejakovic.com/hiw

50x affiliate deals

February 26, 2024 by John Bejakovic

I recently listened to Brian Hanly, who was a media buyer at Samsung as the company went from $75 million a year in digital ad spend to $1 billion.

Brian later spent five years at VICE selling ad inventory. Then during corona, he decided to start his own digital advertising agency.

He spotted an options trading app that was running a cool ad.

He called them, and he offered to run their ad all over Instagram meme accounts.

“How much?” the options people asked.

“Give me $10k a month for three months,” Brian said.

They did. Three months passed. And Brian and the options app people kept working together.

Brian kept upselling himself into bigger and bigger contracts with the options app guys. Time came though, and the clients hemmed, hawed, and apologized.

They were strapped on cash. Would Brian accept some shares instead?

Brian shrugged. “Fine,” he said.

At the time, the options app was valued at $1M.

One year later, eToro bought them for $50 million.

I heard this story inside the Newsletter XP course, which I’m promoting until the end of day today. As Brian finished his story, Alex Lieberman, founder of Morning Brew and co-host of Newsletter XP, jumped in.

Alex told his own stories of the stock deals that Morning Brew was offered as well.

Point being, if you have skills, or assets, you can do affiliate deals. But instead of getting paid a small fraction of the sale, you can get paid a small fraction of the whole business.

As Brian said inside Newsletter XP, be careful when you do these deals. But they can be lucrative — 50x, 100x, or 1000x of what you would normally make.

And now, let me point to the wall. The clock is ticking. Soon the hands will line up at 12 and then all hell will break loose.

Because I’ve managed to claw out a $200 discount for you from the usual price that Newsletter XP sells for. That discount is good until tonight, Monday Feb 26, at 12 midnight PST. If you’d like to take advantage of this, here’s what to do:

1. Go to the Newsletter XP sales page at https://bejakovic.com/nxp

2. If you decide you want to get Newsltter XP, then use coupon code JB20 at checkout.

3. Make sure the coupon code works — that you see the price drop by $200. This is not my funnel, and if you end up buying at full price, there’s nothing I can do about it.

How to create value from a broke, flaky, uncommitted audience

February 23, 2024 by John Bejakovic

This week, I’m promoting Newsletter XP, a course on how to build, grow, and monetize a successful newsletter.

The undeniable star of the Newsletter XP show is co-host Alex Lieberman.

In 2015, Lieberman started Morning Brew, an email newsletter covering the day’s business news. Within five years, he built up Morning Brew into a 9-figure company. In 2020, he sold a controlling stake in Morning Brew for $75 million.

There’s a bit in the monetization section of Newsletter XP where Alex is asked to give an example of how he pitched big brands like IKEA on buying six-figure ad packages in Morning Brew.

Alex obliges.

He delivers a 1 min 24 second masterclass — the pitch he performed 10 times a day, every day, for three years.

His pitch is truly impressive because what he is really selling is an audience of 18-30 year olds, largely broke, uncommitted, and flaky — not an audience any serious business would be excited to advertise to.

And yet, Alex does it with such enthusiasm, cleverness, and conviction, that by the end of his pitch, I bet the IKEA marketing execs were begging him to run their ad, versus the other way around.

Once again, this pitch was how Morning Brew got to tens of millions of dollars a year in ad revenue, before Alex cashed out for $75 million.

You can use Alex’s IKEA pitch to inform your own sales strategy if you want to start a newsletter and you’re bent on selling ads to big brands for a lot of money.

Or, you can use Alex’s pitch to guide where you take your newsletter.

Because you might not be getting into the newsletter business to hang out on LinkedIn and pitch marketing managers 10 times a day.

The good news is, Newsletter XP gives you real options for both the ad-supported path to monetizing your newsletter, as well as the no-ad path, where you simply create content you love and get paid well to do it.

It’s all there inside the course.

I’m promoting Newsletter XP until Monday, Feb 25, at 12 midnight PST. During this promotion, you can get $200 off the usual price of Newsletter XP. Here’s how:

1. Go to the Newsletter XP sales page at https://bejakovic.com/nxp

2. If you decide you want to get Newsltter XP, then use coupon code JB20 at checkout.

3. Make sure the coupon code works — that you see the price drop by $200. This is not my funnel, and if you end up buying at full price, there’s nothing I can do about it.

The best source of info for starting a successful newsletter

February 21, 2024 by John Bejakovic

I checked just now. I first wrote about Alex Lieberman in this newsletter back in June 2020. Here are the first three sentences of what I wrote then:

===

In 2015, Alex Lieberman started sending a daily email to 45 friends and classmates at the University of Michigan. Each email was empty except for a PDF attachment. The PDF was made from an ugly Word doc template, and contained a fun-to-read summary of the top business news for that day.

===

That email described the beginnings of Morning Brew, a daily email newsletter about business news.

By June 2020, Alex had managed to grow Morning Brew to about $20 million a year in ad revenue.

Later in 2020, Alex sold a controlling stake in Morning Brew for $75 million.

After finding out about Alex Lieberman and how successful he had mad Morning Brew, I got kind of obsessed.

I’d long been interested in running a magazine-like email newsletter. And here was somebody doing it, and making millions off it.

So when I found out that Alex Lieberman was actually hosting a course, all about how to create a successful Morning Brew-like newsletter, I jumped on it.

The course was called Newsletter XP.

It was hosted and presented by Alex and Tyler Denk, who was employee #2 at Morning Brew and who is now the CEO of Beehiiv.

As you might know, Beehiiv is the email service platform that makes it easy to create a Morning Brew-like newsletter, and that’s currently used by newsletter successes like Milk Road (the biggest crypto newsletter)… the Rundown (the biggest AI newsletter)… and Arnold’s PUMP CLUB (the Gubernator’s personal newsletter).

Point being, Alex and Tyler have strong credentials for talking about newsletter success.

And inside Newsletter XP, they do so. They tell you how to create a newsletter if you want to succeed, and perhaps more importantly, how not to create a newsletter if you want to succeed.

Because there have been thousands or tens of thousands of newsletters launched over the past few years. But only a small fraction have become real businesses.

The secrets of the successful are within Newsletter XP.

The course doesn’t only feature Alex and Tyler.

It’s also got Codie Sanchez of Contrarian Thinking (8-figure business, wrote about her a couple days ago)… Max Tcheyan of Puck News (40k paid subscribers at $16/month, $70 million valuation)… Kendall Baker (Axios Sports, ~500k subscribers)… and a bunch more people who have been behind the biggest newsletter success stories, totaling hundreds of millions of dollars in value.

I first wrote to the people at Beehiiv last summer, and asked to promote Newsletter XP then.

I didn’t hear back anything.

I wrote again. Still nothing.

But I was not deterred.

I kept following up.

Eventually they agreed.

The hook was in! Now that they agreed to let me promote Newsletter XP, I asked to have a discount over the regular price. Because why else would anybody buy now?

Since they had already agreed to let me promote, they agreed to the discount as well. Commitment and consistency for the win.

So starting tomorrow, and ending Monday, Feb 25, at 12 midnight PST, I will be promoting Newsletter XP, at a substantial discount over what it sells for normally.

If you are interested in starting a big-success newsletter, you will want to read my emails starting tomorrow.

And if you’re not interested, you still might want to read my emails, because I will be sharing and teasing the best stuff I personally got this star-studded training.

Best resource for newsletter growth ideas

March 24, 2023March 23, 2023 by John Bejakovic

A couple days ago, copywriter and business owner Will Ward, who was in Dan Ferrari’s coaching group at the same time as me, forwarded me an email from Quiet Light, an online business broker.

This email described — without naming it – a newsletter that’s for sale right now:

“Social good and transformation” space. 300,000 total subscribers. Paid subscribers totaling almost $50,000 per month in subscription revenue. Started in May 2020. On sale now because the owner is “eager to return to her previous endeavors.” Asking price? $2.55 million.

Those numbers and dates made me wonder where the hell I was in May 2020 and what the hell I was doing then. Well actually, I can tell you almost exactly.

Right around that time, in June 2020, I sent out an email, “Expert advice on how to start an email magazine,” in which I shared an interview with Alex Lieberman.

In 2015, Lieberman started Morning Brew, a daily email newsletter with a summary of the day’s business news.

By 2020, Morning Brew was making $13 million per year in ad revenue. Later that year, in October 2020, Lieberman sold a controlling stake in Morning Brew to Business Insider for $75 million.

Like I wrote in that June 2020 email, I’d been thinking of starting a Morning Brew for X newsletter for a while, where X would be some topic I’m personally interested in.

Had I done it then, maybe today I’d be sitting on a multi-million dollar asset.

I didn’t do it then, but I did do it this past January. I started another newsletter, Morning Brew for X. X is my topic — something I’m interested in, and that I’m not sharing yet publicly. I want to grow this newsletter first and build up a bit of a moat before letting thousands of other marketers in on what I’m up to.

Anyways, as part of starting my own Morning Brew-like newsletter, I discovered there’s already a galaxy of Morning Brew-like newsletters, including many Ponziish Morning Brew-like newsletters that tell you how to grow your own Morning Brew-like newsletter.

My eyes were opened.

For years, I’d been living in the world of direct response-based, daily, Ben Settle-like emails that sell supplements or courses or dog toothbrushes. Most of those daily emails look pretty much the same, sound pretty much the same, and function pretty much the same — a good income or a nice back end.

Meanwhile, you have this cousin industry of people building $2.55 million and $13 million and $75 million businesses, using nothing other than email newsletters.

I’m not ragging on Ben Settle or his ideas. Those ideas, both for growing email lists and for monetizing them, have made me and my clients a healthy amount of money. But I do want to point out how much other stuff is happening in the world of email right now, adjacent to the little Amish world that’s centered on direct response copywriting and marketing.

Of course, this other, Morning Brew-like world has its own Amish tendencies. Also, there are literally hundreds or maybe even thousands of newsletters to choose from right now, all telling you how to make it as a creator or creative entrepreneur or a newsletter operator.

What’s worthwhile in this new world?

I can only tell you the best resource I have personally found. That’s Chenell Basilio’s Growth In Reverse.

Each week, Chenell does a deep dive into the growth strategies of a newsletter businesses — “deep” as in, it takes her 40+ hours of research to produce one of these analyses. For some reason, she does all this work and then gives it away for free.

Some of these strategies Chenell identifies I know about already. Some are new to me. Some are strategies I have no interest in trying myself myself. Some I think are very clever, and they already have me moving.

For example:

You can sign up to Chenell’s newsletter using the link below. It’s an affiliate link — though I’m not getting paid anything.

If you are curious why I’m promoting Chenell’s Growth In Reverse, beyond that it’s a great resource on how to grow your newsletter, and why I’m using an affiliate link, even though I’m not getting paid, then sign up to read her next email, which will arrive this Sunday.

Or sign up just because you want to grow your own newsletter and you want new ideas on how to do that. In any case, here’s that link:

https://bejakovic.com/chenell

How to make $75 million with an email newsletter

October 30, 2020 by John Bejakovic

News broke today that Morning Brew was acquired by Business Insider.

Morning Brew, as you might know, is a daily email newsletter started a few years ago. The insight behind it was to take business news — a boring topic, thanks for nothing, Wall Street Journal — and make it more millennial-friendly.

Well it worked. Business Insider paid $75 million for a controlling stake in Morning Brew. Not bad for an email newsletter.

I bring this up for reasons one and two.

Reason one is that it fits my post from yesterday. That’s where I suggested that if you take a dry but useful topic and sexy it up, you can become a star. Or in the case of Morning Brew, you can earn yourself a $75 million buyout in about five years’ time.

Reason two has to do with my current romp through NLP axioms. The axiom I have in mind is,

“The past does not equal the future.”

In other words, even if a shadow has trailed you all your life — I mean a phobia, or some limiting belief, or just “how you are” — that doesn’t mean you cannot change, and change quickly.

That, in theory, is what NLP is all about. Of course, there are also other ways to effect change quickly.

For example, a few months ago I listened to an interview with Alex Lieberman, the founder of Morning Brew. Lieberman said how he can’t see any reason to sell his company.

Well, $75 million later, he found a reason.

“The past does not equal the future.”

Human brains love patterns and trends. But that’s not how the world works much of the time. Things can stay the same, day after day after day, and then suddenly — your tomorrow can be different.

Speaking of a different tomorrow:

I have a daily email newsletter. Its current valuation is -$39.17, which is what I’ve paid for the software to send the emails.

The insight behind my newsletter is to take the boring topics of marketing and copywriting and sexy them up. If you’d like to get on this rocket ship before it shoots to the moon, click here to subscribe.

Expert advice on how to start an email magazine

June 23, 2020 by John Bejakovic

Alex managed to make this daily email into a profitable business. That sounds pretty attractive to me, because I’ve been thinking about starting a new project.

What I’d love is to start a magazine, but magazines are dying or dead. Websites aren’t magazines either — there’s no real engagement or loyalty.

I realized that the closest thing today to my fantasy magazine is simply an email newsletter. But newsletter is an overloaded term. So let’s call it an email magazine.

Since I’m thinking about this, I wanted to do some learning from people who have been successful doing the same. Alex Lieberman, who I mentioned above, is definitely among them.

Since that PDF-based start in 2015, Alex moved his content fully into the email. He also grew his subscriber list from 45 people to over a million today. He doesn’t call his business a magazine, but he does accept ads, for which big corporations pay upward of $50k for a one-shot placement.

As of 2019, Alex’s daily newsletter, called Morning Brew, is making $13 million a year in ad revenue.

So I tracked down a detail-rich interview with Alex Lieberman. I think it could be valuable to you whether you want the details on how Alex built up Morning Brew… whether you too want to start an “email magazine”… or even if you want to grow an email list for a more grimy direct response business.

The good stuff in the interview starts after minute 22. I’ve linked to it below: