If you're absolutely serious about starting a publishing company, I have to say I don't know why. But, after that, I do have a few ideas for you to consider. For example:
- Identify your market and how many potential readers there are based upon a factual analysis. How many will there be when you bring out your first issue two or three years down the line?
- Identify your competition. It doesn't matter how big your market is if your competition is flooding the field. If you have the field all to yourself (highly unlikely) and you have plenty of potential subscribers to pitch (also highly unlikely), you're looking good.
- Decide upon publication frequency (daily, weekly, monthly, etc.) based upon responses to the above.
- Identify the areas of talent you'll need to recruit/hire to make your publication a reality.
- Hire a good attorney specializing in publishing law.
- Purchase a potential targeted subscribers' list based upon subject area and interest. And then, buy a second one from a different vendor. And a third. And fourth. And fifth.
- Hire someone to work up a direct-mail campaign, and target your e-mail and direct-mail subscriber lists.
- Hire someone to tabulate the results.
- Hire an accounting firm to keep track of your subscribers, money received, and accounts billable and payable. Read More