MFM x Trends - The Fundamentals of a ~$60m Newsletter Exit With Ryan Begelman

Alright, you guys are gonna love this. It's another special episode. So here's the deal. On this episode we have this guy named Ryan Beagleman. I met Ryan in our trends group, and he's so fascinating that we had to have him on to do a special episode, and we Sean and I had him on as a normal My First Million guest, but this one's a a special issue for trends and Let me tell you a little bit of the background about this guy. He's so fascinating. I think he's thirty six years old and he's done so much. So Ryan had this company called Biz Now Media, which was a newsletter business uh that It was like the hustle like my company, but for real estate and he grew it. And eventually sold it for sixty million dollars in cash. And at the time of s the sale, it was doing like twenty million in revenue, seven million in profit.

And he did it bootstrap without taking any funding. And During this process uh he started this thing called Summit Series. And you gotta you guys gotta Google Summit series to kinda get the full picture. It's so weird to explain, but and and this uh is gonna sound derogatory, but it's not. But it's kinda like a TE talk But for like techies and entrepreneurial folks and rich people

And They h originally started out by hosting these events where it was kind of expensive, like two, three, four, five thousand dollars, but they would get like Kendrick Lamar to come, they would get ASAP Rocky, they would get Reed Hoffman, the founder of uh LinkedIn, and Reed Hastings, the founder of Netflix, and all these amazing people they had uh Like Al Gore, Bill Clinton, Russell Simmons, Richard Branson, like these worldly people, John Johnny Legend. Uh It it's crazy. And it and it started as a festival and eventually it was like a like a like an annual conference.

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