
Building a Media Presence Worth Paying For, Escaping Substack's Trap, and Selling Your Business Without Selling Out with Lex Roman
Modern media is the connective tissue of our online society. Where we consume content, what we read, share, and save directly reflects our values, impacts behavior, and shifts culture. RIP Buzzfeed listicles :(
Do you pay attention to the platforms you use? Who funds the media companies you publish on? Or why you're using them, and what for?
Lex Roman, founder of Revenue Rulebreaker, a community-fueled small business media backed by over 400 paid subscribers, is on today's ep to break down the misunderstood world of indie (independent) media, paid subscriptions and other revenue models, and why Substack might be the absolute worst place to build your writing career. Seriously.
The main question we explore: what if your audience was your investor — and that was enough?
We get into:
- What indie media actually means and why it's so important in today's fragmented landscape
- Why Lex hates Substack with the fire of a thousand suns and thinks everyone needs to get off... yesterday (including specific examples of how they steal your audience and revenue)
- The difference between a newsletter, an email list, and email marketing — and why we may be overcomplicating things
- Paid subscriptions vs. sponsorships vs. advertising: which revenue model fits your personality and daily workflow?
- How Lex sold her local politics newsletter, expanding our minds to what's possible when you have strong, valuable IP
- Subscription fatigue, the paywall police, and why patronage is not Netflix. The "dance for me because I paid you" mentality is tireddd
- How to stay hopeful in the media biz when tech CEOs are devolving into oligarchy and software prices are spiking 200%
If you've been questioning your presence on Substack, wondering whether anyone would actually pay for your writing, or assuming funding only happens to the Call Her Daddy's of the world — this episode is your invitation to look at the media landscape differently and build using your own playbook (and how to break a rule or two 😉).
Connect with Lex:
- Grab 20% off your first year of Lex's Legends subscription right HERE!
- Revenue Rulebreaker
- Threads
Connect with Chelsea:
- 🌊 Audacity Waitlist - the pitching and visibility immersion for creative business owners
- 🪄 Ultimate Pitch Kit waitlist
- ☄️ SUPERNOVA waitlist
- 💻 Website
- 📜 Footnotes newsletter filled with rabbit holes, zeitgeist synthesis and more
- 💌 The Art of the Ask Podcast
- 🧵 Threads
Help run NFNTW: Your donations help cover costs of running the show; you can help fund NFTNW right HERE.
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Want to sponsor NFTNW? Email [email protected] to discuss partnership packages!
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