Start a Newspaper? Really?
That’s what Seth Godin is advising real estate agents to do. Of course, he’s not really talking about a newspaper. He’s talking about an email newsletter. There’s a huge difference.
I also think he way underestimates the effort involved. Do an interview in just 10 minutes? Assuming you can (and I’m skeptical), how long does it take to find the interview subjects? To find a time that works for both of you? To actually write up the interview?
And requiring each agent to sign up 20 email subscribers each day? Wow. If I had agents that could do that, I think I might get out of the real estate business and go into list building.
However, as is always the case with Seth, there is gold in this post. Here’s what I love.
Focus on Local Interest
If you’re building a local site, you have an inherent advantage: content that very few (if any) others are focusing on. Forget national news. Give your audience something they can’t get anywhere else. Go hyper-local. The guy that owns the bakery: what’s his story? How about the woman who owns the flower store? How’d she get into that? I’d love to know more about the people and places around me.
Incremental Efforts
If you focus on getting 500 subscribers (or visitors or whatever), it can be overwhelming. Focus instead on small goals. Get to just 10. Then get 10 more. And then get 10 more. Don’t try to bite it all off at once, or you’re liable to get so frustrated you’ll just quit.
This also has the benefit of letting you move between different tasks so that you don’t get into a rut.
Genuinely Interesting
As with anything, your content has to be genuinely interesting. Many real estate agents are just like so many wannabe dot-com moguls: they think if they publish anything and package it well that we’ll want to read it. Take a step back and look at what you’re doing with fresh eyes. As Simon says, it has to be a real resource, not just content for the sake of content.
This post in my Free Business Ideas series is only available in the RSS feed.

Simon Payn
January 12, 2009
at 6:41 am
Yes, you’re absolutely right about building a local site, with information you can’t get anywhere else.
I was thinking that people who wanted to do this could use Q&A questionnaires to interview people – might make it a bit easier. But you’re right, it is a lot of work involved.
(Thanks for the link.)
Lee
January 13, 2009
at 12:49 am
Ha! Your headline caught my attention as I flipped though my reader. I was thinking “what the heck is he thinking?” and the page finally loaded. I think the best advice in the post is about focusing on small goals. I always run into guys who want to get into affiliate marketing and they all have dreams about yachts and Ferraris but have no idea how to get to a dollar a day. I’ll never forget when I crossed that dollar a day mark and have never looked back.
Also related, looks like the Seattle P-I is going under according to the WSJ. It’s amazing how sllloooww these companies move when under duress. Having a site with local content in a nicely presented fashion is a money making machine but a machine of a different model. Shane, I’m sure you could show these guys how to move their business online.