Hi everyone – I’ve recently been building a weekly business newsletter called Pulse of Progress and got my first 1,100 subscribers in just 14 days!
The best part? I used zero paid ads. All of my subs were completely free!
Here’s how I did it.
For the last 6 months, I’ve been testing out different side hustle / business ideas. I have a running list of ideas that I test on forums like Reddit and Indie Hacker to get a pulse on what the public thinks. In my opinion, this is one of the best ways to validate an idea before investing any money or serious time into it. If it gets some traction or interest in the first few days, you know you have something. If not, its time to move on.
I start by generating some interest on social platforms and freelance websites (side note – I’ve come up with a method that helps me do this and get tangible results. So, if this is something you want to learn more about, let me know. I’ll make a post around this too). It’s an approach I’ve developed and tested over the last year with other ideas, so I just do the same with all other ideas I want to test / validate in the future. I want to see results fast, not waste time on non-value add activities.
Here are some of the business ideas I’ve tested:
I shut all of these down. I couldn’t get the momentum I wanted or hoped for to consider them a success. The AI based email marketing optimization tool went viral on Hacker News and Indie Hacker, but it was because I was able to generate some hype around it for a short period of time. But the hype faded fast…real fast. I had about 100 people sign up for the service. As for my other businesses, I had a few signups here and there but nothing worth keeping the business alive and investing more of my time into it.
Something I want to call out at this point: all of the businesses I tried starting in the past were bootstrapped. I never used money I made from the sale of my other businesses. I sold one business (a virtual event planning business that took off during the pandemic. We organized and managed virtual events, think webinars / workshops / conferences, for specific interest groups and professional communities). I never touched the proceeds from that sale to start the company I currently run. The reason I bring this up is because I think your business, regardless of what it is, needs to stand on its own. If it couldn’t, I knew it was time to move on. I didn’t want to give myself a false sense of hope that it would work by continuously throwing money at it.
A newsletter was perfect. It was easy to start and required no money to get it up and running. The purpose behind the newsletter was centered around the idea of creating something that informed and educated people but was entertaining to read. Reading in general, news or not, can sometimes feel like a chore (at least for me). This was the opposite. This was something you genuinely looked forward to reading, the things that influence your world and the decisions you make on a daily basis.
The biggest issue I had with everything else out there was that the content was around things I didn’t care about. Not to mention it put me to sleep half the time. And that’s when it hit me – create a platform that genuinely helped people stay ahead in this information heavy world. Filter out the nonsense, deliver on high-value content.
I spent a couple hours looking up any Facebook group that was related to starting side hustles, escaping the 9-5 grind, online businesses etc. Once I came up with a small list of about 8-10 groups, I spent the next few days posting about the newsletter. One caveat for me when looking for which groups to post in: they needed to have more than 50K users. I wanted my posts to have some reach and didn’t want to waste my time in groups that were smaller and were barely active. I also designed some GIFs (I drew inspiration from the early Milk Road days when they posted funny GIFs / memes about their newsletter all over social media) but that didn’t work. Like at all. So, I shifted gears.
The first day, I posted about the newsletter in 8 different groups and got about 45 subscribers the next day. Over the next two weeks, I spent a couple of hours each day making similar posts within these groups and tried finding other groups I can post in. This proved to be successful. Making consistent posts got people engaged and subscribing to the newsletter. It was starting to gain some steam. And this is what lead to my first 1,100 subscribers in the first 14 days.
What I’ve realized is that you want your ideas to generate a “natural pull” from the world. It shouldn’t be something you “push” onto people. Trying to convince people they need something that doesn’t help improve their lives or satisfy a need is a waste of time. Listen to what people want. And build from there.
I’ve had multiple profitable businesses and the common theme between them all is that they cost me less than $100 to start and get product / market fit. I won’t lie, sometimes I let my ego get in the way when I put an idea out there and it got rejected. And trust me when I tell you, that’s happened more often than I’d like to admit. I spent way too much time and money putting something together even when I knew it wasn’t worth pursuing.
How does that saying go…the one about Thomas Edison and his attempt at building the first light bulb after trying and failing 1000 times. “I haven’t failed. I just found 1000 different ways how not to build a lightbulb.” And that’s just it…who cares if the idea didn’t work. Hate to break it to you, but most will. Instead, focus on the skills you’ve picked up and learned along the way while building this business and apply it to the next.
Anyways, I hope this post helps at least one person grow their business, subs count, social media presence. Now that I’ve grown my audience to over 10K subscribers organically, I’m looking into using paid ads to grow even more from here. The problem is I have no idea how to do that! So, if anyone has any tips or tricks, I’d love to hear them.
Good luck my friends.
Thank you for sharing. Please follow up with your process of how you validate your ideas; it sounds like you have a structured framework that works. In addition, your story about pursuing ideas that you know will not work out will also be interesting to share. How do you come up with these ideas, and why won't they work out? What have you learned from these experiences?
Here's what I've got so far.
Step 1 - generating the idea. My first step is to usually dive into online communities. I'll join online forums, social media groups, and platforms like Reddit, Quora, and LinkedIn looking for threads where people are talking about their problems or needs. For example, if I was interested in the fitness industry, I'd join fitness groups on Facebook and read through the discussions paying attention to recurring complaints or requests for help.
Then I'd use Google trends / keyword search to see what people are searching for. You can usually spot rising trends and popular searches in various industries using this method. I'd then combine this with keyword research tools like Ahrefs, SEMrush, or Ubersuggest to find out what questions people are asking and what problems they need solutions for. This usually gives me a sense of what’s hot and where there’s demand.
Once I think I've spotted an idea, I look up the biggest players / competitors and analyze their reviews page. I'll look for common complaints or suggestions. Running with the fitness industry example, seeing what people are saying about current apps / platforms. Are they unhappy with the user interface, the quality of the content / workouts, or customer service? These insights would usually help in identifying gaps in the market.
Step 2 - conceptualize the MVP. If after these steps I feel like there's a clear need for a product / service, I conceptualize my MVP. I'd create a features list, listing all possible features of the product / service, prioritizing them based on my reviews, feedback provided and observed etc. I'd then take it a step further and use the MoSCow method to categorize features into must-haves, should-have, could-have and wont-have to focus on the essentials. This helps clear things up in my head before starting.
Step 3 - building the MVP / market testing. I come from a Lean background, so naturally I use agile methods and frameworks to rapidly develop the product and iterate on improvements. But market testing is where rubber meets the road. I'd release my MVP to a small group of early adopters and gather feedback through beta testing. At this point, its test and gather feedback. Process that feedback. Then repeat. I'd try to gather as much data as possible to track user engagement, retention, satisfaction metrics etc. I also just like talking to people and asking straight up "is this shit? am I wasting my time? don't you f**in lie to me"...lol
Step 4 - making the go/no-go decision. If the idea meets the validation criteria and shows strong potential, proceed with a full-scale rollout. If not, then its time to pack it up and move on. No regrets. I did my research, tested it out enough to get a rough idea of whether this would stick.
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Smart move. Take your time to find a wave and then try to ride it. Impressive to get 1k subscribers so quickly, @growth_hacker23
Would love to get you on my podcast to talk about solopreneurship & your journey if you'd be interested?
Hi Henry - I'd love the opportunity to talk and share some ideas with you on your podcast. Feel free to email me at pulseof.progress1@gmail.com to continue the conversation.