This week Francis is joined by Matt McGarry, also known as the Newsletter Guy. They discuss his agency Growletter, the nuances of newsletter-only businesses, the challenges of monetization, and the evolving role of creators in the media landscape. Newsletter Marketing Summit: https://newslettermarketingsummit.com FOR $200 OFF, USE CODE: CS200 Newsletter Operator: https://www.newsletteroperator.com Growletter: https://growletter.co Write Grow Sell: https://writegrowsell.com Matt McGarry: https://x.com/JMatthewMcGarry 00:00:00 Introducing Matt and his businesses 00:01:12 Breaking down Matt's multiple income streams 00:04:52 Newsletters are NOT a business model 00:08:24 CPA is not as important as you think 00:16:06 Creating a winning ad to grow your newsletter 00:19:24 Why you should not start a newsletter only business 00:23:21 Do not paywall your best content 00:29:19 The key to monetizing your audience 00:36:10 The devolution from media founder to creator 00:41:36 The difficulties of marketing a podcast 00:47:13 Maximizing reach and engagement by repurposing content 00:52:55 The must-haves for a growing newsletter 00:56:30 The most saturated areas in the newsletter world 00:59:46 Newsletter trends for 2025