Through these three ventures, my business makes an annual revenue near eight-figures and I'm here to tell you how YOU can do the same! I also own two other successful ventures: GrowthJet, a climate-neutral certified third-party logistics company for emerging e-commerce brands, and SpottedByHumphrey, an online boutique curating dog goods for good dogs. I started Urban EDC to cater to enthusiasts of everyday carry gear. Hi, my name is Yong-Soo Chung and I am a first-generation Korean-American entrepreneur living the American dream. How did I achieve this? What did I do that was so effective? What's my secret sauce? Most marketers accept 2 to 3% as the industry standard. In case you are wondering, yes, that IS indeed a high number. It also has a 10% click-through rate - that is, one out of ten people who get that email WILL click on a link I include in that email. It has an open rate of 40% - that is, (almost) every second person will open and read the thoughts that I send out every week. Today, my newsletter has over two thousand subscribers. Three months ago, I decided to launch the First Class Founders newsletter. Yong-Soo is the founder of 3 businesses in e-commerce and now, he's documenting his own journey of building an 8-figure business. Yong-Soo Chung is a serial entrepreneur who bootstrapped from $0 to $20m in over 8 years. If you're a creator, solopreneur, indie hacker, startup founder, or CEO looking to grow your business, this show is for you. Past guests: Arvid Kahl, Tyler Denk, Clint Murphy, Andrew Warner, Chenell Basilio, Matt McGarry, Nick Huber. We explore proven strategies to grow your business each week through the lens of a successful founder, creator, and CEO. In today's digital age, anyone can start a side hustle and grow it to millions. JOIN: First Class Founders Premium Membership How to Manage Your Twitter DM Inbox Using Inboxs (19:42) Using Auto-DMs on Twitter to Grow Your Newsletter (18:22) How to Engage with Your Twitter Followers Using Engagement Builder (16:05) How to Convert Followers on Twitter Using Birdy.so (14:54) Track Your Most Important Metrics Using ilo.so (13:11) How to Use Twitter to Repurpose Newsletter Content Using Typefully (11:27) How to Design Your Newsletter Using Canva (9:12) How to Create Beautiful Snapshots Using Xnapper (8:25) How to Cross Promote Your Newsletter Using Lettergrowth (7:27) In-Network Recommendation Engines: ConvertKit, SparkLoop, Substack (7:10) When Swapping Recs: Growth Rate > List Size (7:00) Using Beehiiv to Swap Recommendations (5:42) This is a fast-changing development so please check the individual websites for updates on how each tool is handling this situation. Get ready to take notes because I plan to reveal all my secrets to you today!ĭISCLAIMER: Twitter just updated their API pricing plans impacting many of the tools mentioned in this episode. It has an open rate of 40% and a 10% click-through rate. Problem is, I had no subscribers, no list, and, essentially, no idea what to do or, even, where to begin! E27: Three months ago, I decided to launch the First Class Founders newsletter.
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