Discover Your Next Profitable Business Idea
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Alex West
- Founder of CyberLeads
- $500,000 annual revenue
Alex West, founder of CyberLeads, started with a simple idea: a spreadsheet listing contact info for companies that just raised funding, aimed at agencies looking for new clients.
Early on, the business was earning Alex $7,000 a month.
Now, 2.5 years later, CyberLeads pulls in $500,000 a year 🤑
Apparently social media helped Alex get traction, with this random tweet going viral and landing him another 10 paying customers early on…
Got my first $50/mo customer! 🎉
Anyway, I love how Alex’s product is basically just X data for Y audience.
Think about the audience you’d like to serve. What data would be valuable to them?
Or start with valuable data you have access to or can collect.
What audiences would find that valuable? 🤔
Written by Nathaniel Lewis- Reviewed and edited by Niall Doherty
Written by 
Reviewed and edited by Updated: March 6, 2025
Glad that you mentioned that. As a matter of fact, I’m planning to start in the same direction of creating and maintaining a database for highly targeted purposes (or a niched directory). But I have plans to walk even an extra mile and that’s offering the entries/businesses on my directory some other complimentary services just to create (an) additionl revenue stream(s).
I’m sure I won’t be turned down by many as I will give them value straightaway. So let’s see. The real thing is to put whatever’s in my mind, into practice.
So, wish me good luck.
Thanks for this post though. I’ve been reading your newsletter for quite some time and found them quite informative. In fact, I don’t even delete them after reading and keep them in my inbox as I feel they can come in handy in the future.