A few days ago, I wrote an email floating the idea of a paid newsletter of business practices from other industries. Basically, giving subscribers Jay Abraham’s “industry cross-pollination” idea on a silver platter.
I said in that email I will most probably never end up creating such a newsletter. To which I got a message from marketer Frederik Beyer, who wrote:
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Industry cross pollination sounds like something VERY successful people would pay a lot of money for.
Those people don’t have time to sift through articles and such, but they DO have the assets/resources to leverage any cross-pollinating ideas you could come up with.
Are you SURE you don’t want to read whatever suits your fancy and get paid to come up with ideas for wealthy people with networks who can help you leverage your skills even MORE?
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Never say never. I certainly have no plans to do this now.
But a newsletter like this is something I’d like to see and even be happy to pay for, if it gave me new ideas for what I myself can do.
So let me give you the recipe for creating such a newsletter, in the hope that you will create it, that it will be great, ad that I can subscribe:
1. Google [“industry news” + insider].
2. Sign up to all the “[Industry] Insider” newsletters that pop up. There are dozens of them (Manufactured Housing Insider, Linux Insider, Gambling Insider, Fashion Insider).
3. Read or get AI to summarize the business practices standard in different industries, as reported by these newsletters you’ve just signed up for.
4. Pick one business practice from some industry X; expand it with a few examples and a bit of detail/context.
5. Explain how this industry practice from industry X could be relevant to a different end industry Y, the one made up of your subscribers. For personal interest, I would hope this industry Y would be “online information businesses” or something similar. But you can pick whatever end industry you want, and in fact, I imagine you can create a whole bunch of these newsletters for a whole bunch of end industries Y, Y’, Y”…
6. (Optional: pick a few other industry business practices from other industries, along with links to relevant articles online to find out more.)
7. Format all your findings as a weekly or monthly newsletter with a paid subscription. Depending on the end industry you pick, I imagine you can charge a few dozen dollars to a few hundred dollars per subscriber per month.
I had this idea yesterday because I actually subscribe to a couple such “Industry Insider” newsletters. I realized it’s a newsletter format that repeats across industries, and that gives you all the raw materials for the kind of “Industry Outsider” newsletter I was thinking of.
And if you’d like to see the best, most interesting such insider newsletter I personally subscribe to… and find out the high-tech stuff happening in the fitness and wellness industry… and maybe get inspired to create your own publishing empire helping wealthy people with networks: