Hi everyone!After three months of hard work, my newsletter reached 1000 subscribers. Me and my co-founder reached this milestone a lot earlier than we dared to hope for at the beginning. Obviously, we're very happy about that.It was our plan from the beginning to start monetizing at 1000 subs. The thing is, we're not really sure how excatly we should monetize.Some backgroundWhat we do is to conduct research in online communities and find problems that people are talking about. We collect the ones that show up most frequently and seem the most relevant. We describe the problems and then propose potential business solutions.From next week on, we're adding a completely new format: competitor analysis reports.The idea behind this format is to go one step further than problem discovery and business ideas. We want to provide our readers with everything they need to know about competitors and the market so they can go ahead and build something that is...a) better than what the competitors do, orb) a niche that hasn't been occupied so far.How to monetize?In our minds, it would make sense to monetize these competitor reports because they will be really useful to those who consider building something for the related market.But there are other options too. For example, we could put every second edition of our weekly newsletter behind a paywall. Or we give some information in every edition for free, while only paid subscribers can see the whole newsletter. Or we monetize the whole thing (which we don't really consider). These are just a few ideas.What would you guys suggest? Is our problem discovery and business ideas and/or our competitor research report something that you believe is monetizable at all? If yes, how?Thanks so much in advance!Here is our newsletter Community Validated for reference.Cheers see hubwealthy.com/wealthy
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