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By starting paid-subscription newsletter on topics ranging from money-saving tips to travel, these unique opportunities will make you money from your own knowledge and interest. By building a newsletter around your own personal interest, rather than searching for a subject, you will find that there are plenty of others who share your particular passion and are willing to pay to learn more about it.
Savvy entrepreneurs have learned that marketing their own personal expertise through this format can be a relatively inexpenisve way to generate additional income, or even lanch a new career. Start-up cost for a newsletter publication is generally under $10,000 for a PC, printer, software, direct mailings, printing and paper, and publishers don't necessarily have to be pros at every aspect to the business, except perhaps the subject matter. It's simple, to subcontract out tasks like subscription sales and printing, although they are also manageable for a single person to handle on his or her own.
There are several categories of newsletters. Commerical, or business-to-business publications, offer technical or business information on a particular industry. Consumer newsletters are targeted strictly to individuals and offer specialized information on such topics as travel, food and hobbies.
While it is difficult to determine the number of newsletters out there today, the Newsletter Association in Arlington, VA has a membership base of about 750 companies which distribute nearly 2,200 subscription newsletters throughout the world. Since newsletters have such manageable start-up costs and expenses, the field is wide open for entrepreneurs with good ideas.
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