“Take Andrew Kamphey, who is a self-described “maker.” Kamphey told Mashable that he’s made more than $40,000 in the past year from his spreadsheet products, such as “100 Twitter Templates in a Google Sheet.” His main moneymaker is Better Sheets, which teaches users how to better utilize Google Sheets (so they too can sell their spreadsheets).
Another maker, Janel Loi, went with Notion, a workspace tool that allows users to create databases and wikis, to build her product, Newsletter OS. It includes templates, spreadsheets, and more that can help creators manage their newsletters. In a conversation with Mashable, Loi says she has made more than $35,000 from it since it launched in October 2020.”
Big Idea: If you are starting an online business a great first product can just be a nicely organized, comprehensive collection of resources for that niche. It’s a great way to gain a deeper understanding of all the companies in that ecosystem, plus gives you a good reason to contact and get to know key people. Follow up the directory with a Virtual Summit and you have an instant audience.