$120k, Hustle, and a Hugely Successful Digital Magazine with Margaret Brown or Podster EP 195

Published: March 8, 2016, 3:30 p.m.

Ep 195\xa0Margaret Brown, the owner and publisher of Shelf Media a company that holds and manages a variety of free digital publications. Listen as Nathan and Margaret talk about the art of driving revenue from publishing, what it takes to turn a profit, and how digital publishing works.

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Famous 5

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  • Favorite Book? \u2013 The Four Hour Work Week
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  • What CEO do you follow?\u2014 Alex Blumberg
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  • What is your favorite online tool?\u2014 BlinkPlan
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  • Do you get 8 hours of sleep?\u2014 No
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  • If you could let your 20 year old self know one thing, what would it be?\u2014Embrace who you are and what you were meant to do.
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Time Stamped Show Notes:

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  • 01:10 \u2013 Nathan\u2019s introduction to today\u2019s show
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  • 01:45 \u2013 Margaret breaks down Shelf Media
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  • 02:40 \u2013 Invested less than 10K to get started
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  • 03:45 \u2013 Acquiring the 1st 1,000 readers
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  • 04:24 \u2013 The primary thing that got them on the map was media coverage
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  • 04:54 \u2013 Throw a lot of spaghetti at the wall and something will stick
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  • 05:38 \u2013 Press Rush
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  • 07:09 \u2013 Subscriptions to all Shelf content is FREE
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  • 07:39 \u2013 You have to believe in your product
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  • 08:38 \u2013 The revenue model of Shelf Media
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  • 09:43 \u2013 $4k a month in to be profitable
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  • 10:17 \u2013 It takes a lot of failure to lead to success
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  • 12:55 \u2013 The rates for advertising with Shelf Unbound
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  • 13:50 -- $20K per issue of Shelf Unbound (125K readership) in top-line revenue
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  • 15:19 \u2013 ShelfMediaGroup.com Margaret@ShelfMediaGroup.com
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3 Key Points:

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  1. Learn how to fail. Then learn how to fail faster.
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  3. You don\u2019t always need a ton of money per month to be profitable\u2026just keep your overhead low.
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  5. Embrace who you are\u2014don\u2019t fight it.
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Resources Mentioned:

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  • Edgar \u2013 Nathan uses Edgar instead of other scheduling tools\xa0for Twitter because Edgar cycles through content over and over (buffer/others you have to re-input content over and over \u2013 time consuming). In the last several months, Edgar has driven Nathan over 3728 clicks that he didn\u2019t have to work or pay for.
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  • Host Gator - Powerful web hosting made easy and affordable.
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  • Press Rush \u2013 A media tool Margaret loves
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  • Alex Blumberg \u2013 CEO of Gimlet Media
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  • BlinkPlan \u2013 Margaret\u2019s favorite online tool
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  • The Four Hour Work Week \u2013 Time Ferris\u2019 book
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The Top is FOR YOU if you are:

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Your host, Nathan Latka is a 25 year old software entrepreneur who has driven over $4.5 million in revenue and built a 25 person team as he dropped out of school, raised $2.5million from a Forbes Billionaire, and attracted over 10,000 paying customers from 160+ different countries.

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