I see your need for recurring revenue. But this newsletter is not valuable enough in itself to ask for $$$. It's basically a (really pleasant) update on what you did the past month, which functions as a way to get people's attention towards what you built. Charging for it would probably end up costing you money, as fewer people will see your work.
If you want to charge, I'd recommend adding a subscriber-only section to each newsletter edition. Behind-the-scenes stuff from the business. In-depth look into the revenue, where the leads to your products come from (Twitter, product hunt, google), your in-depth strategy ideas for next steps in marketing and product dev, and also your in-depth, controversial perception on current trends (AI, Twitter, etc. etc.).
This added content could also be parallel to offering it as Tweets to your Twitter Paid Subs.
Normally I would be congratulating you for getting Black Magic acquired, but not so sure from reading your post if I should.. how are you feeling about the sale Tony? Happy? Relieved? Neutral?
It's mixed. I'm both happy and sad at the same time, but I'm no way complaining 😂. I'm grateful that I'm in a way better situation than many other indie hackers with Twitter products out there 🫡
TypingMind is great, and it just makes so much economic sense to use it, given OpenAI's weird pricing model.
I use it with GPT-4 all day every day, yet last month my OpenAI bill was super low: just $2.01. So after a couple months TypingMind totally pays for itself.
I've been recommending it to my friends. The only thing that's tricky is figuring out how to explain it to nontechnical people who don't know what an API is haha.
Tony, I don’t think the newsletter will make a meaningful income. My impression is that only about 1% convert. But you could still turn on payments and let people who want to support you pay a small fee. You don’t even need to promise and paid only content.
The reason for not paying, is that your content is something fun to follow as we get to know your news and busniess decisions but that does not worth paying for. would love to pay if you share more content regarding building products and take it to production. tips and tricks about pitching a product idea. tools and stuff you use to build MVPs quickly.
Congratulations on your sell. I've been following you on twitter and now here. It seems to me like you're really great at pivoting to new ventures or projects. I believed that TypingMind will have the similar traction as BlackMagic. As long as you stay consistent in updating your project here and twitter. TypingMind will have the same trajectory as BlackMagic. Just be yourself as in Twitter. You have a great fan base I believed that will be the main advocate for your other endeavours😁
I see your need for recurring revenue. But this newsletter is not valuable enough in itself to ask for $$$. It's basically a (really pleasant) update on what you did the past month, which functions as a way to get people's attention towards what you built. Charging for it would probably end up costing you money, as fewer people will see your work.
If you want to charge, I'd recommend adding a subscriber-only section to each newsletter edition. Behind-the-scenes stuff from the business. In-depth look into the revenue, where the leads to your products come from (Twitter, product hunt, google), your in-depth strategy ideas for next steps in marketing and product dev, and also your in-depth, controversial perception on current trends (AI, Twitter, etc. etc.).
This added content could also be parallel to offering it as Tweets to your Twitter Paid Subs.
Something like this. What do you think?
This sounds like a good idea. Thanks for the comment!
Normally I would be congratulating you for getting Black Magic acquired, but not so sure from reading your post if I should.. how are you feeling about the sale Tony? Happy? Relieved? Neutral?
It's mixed. I'm both happy and sad at the same time, but I'm no way complaining 😂. I'm grateful that I'm in a way better situation than many other indie hackers with Twitter products out there 🫡
TypingMind is great, and it just makes so much economic sense to use it, given OpenAI's weird pricing model.
I use it with GPT-4 all day every day, yet last month my OpenAI bill was super low: just $2.01. So after a couple months TypingMind totally pays for itself.
I've been recommending it to my friends. The only thing that's tricky is figuring out how to explain it to nontechnical people who don't know what an API is haha.
Congrats on the exit!!! I'm sure there will be more exciting things ahead 💪
Tony, I don’t think the newsletter will make a meaningful income. My impression is that only about 1% convert. But you could still turn on payments and let people who want to support you pay a small fee. You don’t even need to promise and paid only content.
The reason for not paying, is that your content is something fun to follow as we get to know your news and busniess decisions but that does not worth paying for. would love to pay if you share more content regarding building products and take it to production. tips and tricks about pitching a product idea. tools and stuff you use to build MVPs quickly.
Founders need to stop asking $ for everything they put their hands into.
I would pay but if you include code snippets and technical details from building your products!
Congrats on the acquisition man! I'm looking keenly at TypingMind. It's a great product
Congratulations on your sell. I've been following you on twitter and now here. It seems to me like you're really great at pivoting to new ventures or projects. I believed that TypingMind will have the similar traction as BlackMagic. As long as you stay consistent in updating your project here and twitter. TypingMind will have the same trajectory as BlackMagic. Just be yourself as in Twitter. You have a great fan base I believed that will be the main advocate for your other endeavours😁
Newsletter gives you access to potential customer that are worth a lot more than a paid newsletter sub.
Congrats, found a very good compromise for those troubled Twitter times. I'm also for extra paid content here (cause I wouldn't pay :-).
Congrats on the potential sale, a shame the API access fee is so high!
Love to read your news, congrats on the sell!
What a shock, but not surprising given the API changes. Good to hear you're not shutting down.
I said Maybe for the poll - I don't know, depends on what you plan to add in it.