The Simple Newsletter Making $20M+ A Year With 1 Employee
02 Jul 2024 (6 months ago)
Kevin's Business Ventures
- Kevin owns a successful newsletter business, Van Trump Report, focused on farming and agriculture, with around 30,000-40,000 subscribers paying $600 annually.
- He co-founded Milk Road, a newsletter business that was later sold for millions of dollars.
- Kevin's business empire includes a publishing business, a newsletter, and a merchandise company called Swag, catering to clients in the agricultural industry.
Trading and Investing
- Kevin started his career in the trading business without prior knowledge or experience.
- He began writing a newsletter as a personal journal to improve his trading and investing skills, which eventually gained popularity and became a successful business.
- Kevin emphasizes the importance of understanding the scale of uniqueness and total value when evaluating business opportunities.
- He discusses the concept of "value vs. price" and how people buy based on value, not just price.
- Patience is key in trading, waiting for the market to make a mistake before making a play.
- Most money is made by sitting and waiting, not by actively trading.
- Trading can be a good option for those who want to be full-time and have the desire for it, but passive long-term investing is generally better for most people.
Agriculture and Farming
- The speaker emphasizes the growing interest in farming and food production, with more people seeking to buy directly from farmers.
- Succession planning in farming is a significant issue, as many farmers are over 60 and their children may not be interested in taking over the farms.
- Private equity firms and other high-profile investors are increasingly bidding on farmland, leading to concerns about who will ultimately own and operate farms.
- Technology is being used to monitor the health of livestock, such as RFID tags on cows and chickens to track their movement and ensure they are raised according to certain standards.
- The alternative meat movement, which aims to grow meat from cells without harming animals, is gaining traction and may capture a significant market share in the future.
- Electric vehicles are gradually becoming more appealing to farmers as technology improves and offers benefits such as better torque and reduced maintenance.
Emerging Opportunities
- There are new opportunities in sustainable aviation fuel made from soybeans and corn, as well as increased demand for land for solar fields, wind fields, data centers, and other utilities.
- The carbon market presents significant opportunities for reducing carbon footprints, especially in agriculture through practices like carbon sequestration in cornfields.
- Natural resource management, including water usage and purity, will become increasingly important as the world transitions to electric vehicles and relies more heavily on rare earth minerals.
- Blue-collar businesses, such as skilled trades, are experiencing a resurgence in popularity among young people who are attracted to the potential for high earnings and hands-on work.
Personal Insights
- Sean likes hanging out with people from different backgrounds because it gives him a fresh perspective and allows him to learn new things.
- He emphasizes the importance of being open-minded and willing to learn from others, even if they are different from you.
- Sean appreciates people who are charismatic and have a gift for communication, as he finds their interactions refreshing and entertaining.
Upcoming Event
- The upcoming FarmCon event will be held on January 8th and 9th, with tickets priced at around $12,200.