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Value?

Hi everyone! 👋

I am a law student in the UK and I am putting together an automated email reminder for other students to help them with job and internship applications to law firms.

I have had several people message me saying that they would love to sign up for this and after putting a link on my (small) LinkedIn profile a few hours ago, I already have 50+ signups.

These people would recieve about 1 email a week.

I do not intend to charge for these reminders as I do not think it is valuable enough for that nor are students a good target market.

Therefore, my main questions are as follows:

-I am happy to keep this service going for free to the students, but I would like to be able to pay mailchimp fees so I'm not making a loss on it. What are the best ways to monistise this in order to do that?

-At how many signups does a newsletter/reminder/email list become valuable enough that an advertiser (e.g. a law firm) would be interested in paying for advertising space? 1000/2000/5000/10000?

-Am I better taking a loss now and hoping I can make it back in the future if it grows with a course/book etc?

Any advice would be very much appreciated!

on August 24, 2021