“Buy a stock the way you would buy a house. Understand and like it such that you’d be content to own it in the absence of any market.”
― Warren Buffett
Warren Buffet doesn’t buy a business he doesn’t understand.
Well, I don’t understand the people having a Writing business on Twitter.
I’ve spent over a month being fully emersed in these circles, but two weeks ago, while listening to a Twitter Space where one of the hosts was a person I previously muted, it all made sense.
Let me explain.
It’s not uncommon to run into such Twitter bios when you follow people sharing writing advice:
Showing you how I grow online with storytelling and avocado sauce. Dropout building a 6-fig business
Helping you turn growth into revenue. Grew 0 to 6k in 30 days
This is how I met Josh, the person who made this incredible growth, talking about, well, what everyone else talks about when it comes to writing:
The routines, the consistency, you get the idea…
So I took the time and, using Twitter’s advanced search feature, I looked at some of the first Tweets from Josh (this is not the actual name of the account, of course).
Here’s what I found:
Josh had an incredibly loyal fanbase of 14 accounts, with each well above 1000 followers who liked and commented on everything Josh wrote.
So I muted Josh.
And it wasn’t until this Twitter Space event that I realized Josh is a great buddy of all these high-profile writers.
The concept of inner circles is not novel.
During 2021 my Twitter account was 80% shallow threads and listicles that I generated with a 50-line Ruby script. Others did the same. We became buddies and commented on each other’s threads, capturing hundreds of followers, writing 3 viral (1k like) tweets weekly, and generating millions of impressions monthly.
People who followed this to this day can now sell sponsored tweets. That’s it.
So back to Josh and the writing guild, where this all ends?
In products, of course.
You either have your own product or push someone else’s product for a commission.
The best is to buy the product. How do I know this? I simply asked people. After buying from these high-profile authors, they will engage more with you, which shows your stuff to more people, immensely boosting your stats. Clearly, the product works.
It doesn’t matter what the product does. Is it the next best guide to turning followers into dollars or making 4k before breakfast by sending emails? I’m not kidding, this is an actual subject line:
It’s built on your desire to know how he fuck they can make $4.5k before breakfast.
Using desire, my friend.
Now let me ask you this:
Would you own a house that you can’t live in, has no roof or foundation, but everyone would love to have such a house?
Or would you rather live in a house you can call home, even if nobody else knows where that house is or how much it is worth?
Before you come at me like I hate them because they make money, I don’t care. How they make that money is important to me - this is why I did the entire research with Josh and subscribed to all these newsletters from this specific writing circle.
There are gazillion ways of making money, and there’s no point in flagging one of these ways as “not legit” or “illegal”. The fact that they make crazy money like this actually proves it’s a legit way of making money.
I just figured it’s not my cup of tea.
“I insist on a lot of time being spent, almost every day, to just sit and think. That is very uncommon in American business. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business. I do it because I like this kind of life.”
― Warren Buffett
Thanks for reading my newsletter. Although they might seem like rants sometimes, I think out loud because thinking deeply can prevent you from doing all kinds of stupid things.
And besides that, how’s it that you still haven’t made $4.5k this morning?
Make some money the way you like it.
- Akos