Medical Newsletter Profits
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A medical newsletter business targeting doctors, following the highly profitable model demonstrated by historical successes like Medical Tribune and modern examples like Aging Media.
Key Points:
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Target Market & Distribution:
- Free newsletter distributed to doctors
- Potential reach of 300,000-500,000 doctors
- Similar to Medical Tribune's historical model
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Revenue Model:
- Primary revenue through pharmaceutical advertising
- High-value advertising space due to specialized audience
- Modern examples like Aging Media selling for ~15x profit multiples
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Market Opportunity:
- Still works today in medical/healthcare space
- Pharmaceutical advertising remains a major revenue source
- Limited competition in specialized medical newsletter space
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Business Structure:
- Can operate with relatively small team
- Focus on creating valuable content for medical professionals
- Build relationships with pharmaceutical advertisers
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Modern Potential:
- Digital distribution reduces costs
- Can expand into multiple healthcare verticals
- Similar model to Aging Media's success in senior living space
Note: This business idea was referenced as one of two newsletter spaces the speakers are still interested in, alongside real estate newsletters.
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.