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It's true that there is no "newsletter economy" -- there's an economy, and newsletters are a small part of it.

But neither is the "newsletter boom" over, nor really even dying off. You can't look at one guy who went back to his Day Job without looking at the thousands who haven't. I quit my awesome Day Job and went full-time with my newsletter in 1996. Took me two years to quit my Day Job because there weren't great tools like Substack (or, for that matter, user-owned online shopping carts!) And there were few online to constitute an audience.

Keep rockin', Hamish.

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