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It’s the Ferrari Market Letter 📬
Chris Bakke wrote about the business on Twitter…
One of my favorite small business ideas:
1. Pick a hobby that you spend too much $$ on
2. Create a newsletter for that hobby
3. Market to other enthusiasts via reddit/twitter/FBThe Ferrari Market Letter has 5k subscribers and does $2m+ in revenue with a team of 2.
People who love cars, watches, purses, shoes, clothes, wine, whiskey, cigars, skiing, bicycling, hunting, etc. will pay big $ to learn from, connect with, and buy from other enthusiasts.
Worth noting that the Ferrari Market Letter started as a print publication and has been around for 40+ years. So it’s definitely not an overnight success.
Sah Kilic has a write-up on that business and opportunities to create similar.