$10,000/Month with His Bootstrapped Media Empire

Arvid Kahl is a serial entrepreneur who co-founded, bootstrapped, and sold FeedbackPanda and now runs The Bootstrapped Founder.

FeedbackPanda was a SaaS for teachers that Arvid and his partner grew to $55,000/mo 🤑

Now, Arvid is building a media empire that brings in over $10,000 per month on average.

He recently tweeted…

Want to know how much I make?

Here’s what The Bootstrapped Founder generates in income at this point, late 2023, three years into its existence.

He goes on to break down his monthly earnings from ~ 15 different sources 😎 including platforms like Amazon, Gumroad and Udemy.

Someone crunched the numbers and responded…

Monthly minimum is: $7,920.50
Monthly maximum is: $16,520.50

So easily $10,000+ on average.

Arvid’s income sources are a great example of diversification and how you can distribute content across platforms if you’re doing it solo or have a small team.

Some of the platforms he uses…

• Lists his paperback and ebooks on Amazon KDP.
• Makes ebook/audiobook available via Gumroad, Draft2Digital.
• Lists his courses on Gumroad, Udemy, Skillshare.
• Sells consulting/services via Gumroad.
• Podcast and newsletter sponsorships.
• Twitter, YouTube ad revenue.

He adds…

My goal is to have at least 20 revenue streams (at this granularity level) at all times.

The main goal of diversifying here is to reduce dependence on any particular channel.

In another tweet Arvid writes…

And still, beyond all this, I still feel the pressure of platform risk.

Seems it’s hard to avoid it completely 😕But it might be worth your while looking through Arvid’s income sources and getting some inspiration for ways you could diversify your business.

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