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SaaS Interviews with CEOs, Startups, Founders

What if you knew data behind the fastest growing SaaS companies today? Each morning join Nathan Latka as he spends 15 minutes interviewing SaaS founders. You'll learn how SaaS CEO's launched their startup and grew it into a business. SaaS Founders range from bootstrapped to funded, MVP to 10,000 customers, pre revenue to pre IPO.
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Now displaying: Page 1
Jun 11, 2016

Preston Lee, the founder of Millo. He’s making $8,000 per month from a website and newsletter that started as a side project. Millo is a business resource and newsletter for creative entrepreneurs. Preston’s built an incredibly engaged community and a list that actually thanks him for sending out sponsored emails. Listen in to hear how to make sponsorship deals that your audience love, how to build revenue from a side project, and why it’s important to think like a business from the start.

Famous 5:

Favorite Book? – The $100 Startup
What CEO do you follow? — Ben Chestnut
Favourite online tool? — Trello
Do you get 8 hours of sleep?— No
If you could let your 20 year old self know one thing, what would it be? — How to think more like a business

Time Stamped Show Notes:
01:07 – Nathan’s introduction
01:40 – Welcoming Preston to the show
01:43 – Millo is a blog and a newsletter for people who are interested in becoming entrepreneurs, freelancers, or creators
02:30 – Email list of about 30k, and a high level of engagement
03:10 – In 2009, Millo started as a graphic design blog, Graphic Design Blender
03:35 – In the first few years, made less than $500 per month
04:00 – In the last few years, pivoted to become a sponsor-based business that makes around $8k per month
04:50 – Highly tailored sponsorship packages
05:05 – Between 3 and 7 sponsors per month
05:24 – Design Cuts is a long-term sponsor
06:08 – Send out dedicated emails advertising Design Cuts bundles
06:33 – Millo is a side project for Preston and he’s happy with that
07:11 – “Right now it’s a very exciting side project”
07:35 – Lowest sponsorship package is $400 per month; highest is $1850
08:55 – If Nathan wanted to work with Preston, what could he do?
09:51 – The Freelance Report is a side project in the Millo newsletter
10:51 – Preston’s full-time job is content marketing for a magazine website
11:13 – Connect with Preston on Twitter
12:52 – The Famous Five


3 Key Points:
Start side projects and things that you love. You never know what opportunities content will lead to.
Once you’ve built an audience, you can build a business.
Think like a business. Focus will connect you to opportunities.
Resources Mentioned:
Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Freshbooks - The site Nathan uses to manage his invoices and accounts.
Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.

Show Notes provided by Mallard Creatives

 

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