Airport Revenue Model
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The "Airport Business Model" refers to leveraging a captured audience to sell multiple products/services once you have their attention. This concept can be applied to various business contexts.
Core Concept
- Once you have users in your ecosystem, you can sell them multiple related products
- Similar to how airports capture travelers and then sell food, retail, services
- Works particularly well with passionate, engaged audiences
Key Elements for Success
- Build a rabid, passionate following first
- Focus on community before monetization
- Grow slowly to maintain authenticity
- Create strong moats through community loyalty
- Don't try to scale too quickly - can dilute core audience
Real World Examples
Rebrickable (Lego Community)
- Started as engineering project for Lego enthusiasts
- Grew to 11M users by 2023
- Features:
- Users upload custom Lego creation instructions
- Algorithm matches available Lego pieces to possible builds
- Marketplace for selling custom instructions
- 160M annual page views
- ~$5M estimated revenue from instruction sales
Characteristics of Successful "Airport Businesses"
- Often start as "silly" or niche ideas
- Build passionate communities first
- Create multiple revenue streams over time
- Hard to replicate due to community moats
- Communities are temperamental - need careful stewardship
- Focus on authentic growth over rapid scaling
Warning Signs
- Growing too fast can alienate core audience
- Over-commercialization can damage authenticity
- Need to balance growth with community values
- Communities will revolt if changes are too aggressive
- Must act as steward rather than dictator
Success Metrics
- Engaged user base
- Strong community participation
- Multiple revenue streams
- High user retention
- Organic growth through word of mouth
- Difficulty for competitors to replicate
The key is building an engaged audience first, then thoughtfully expanding offerings while maintaining authenticity and community trust.
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.