Unlike social media, where algorithms and platform changes control your reach, an email list is a durable asset you own. This provides stability and a direct line of communication, insulating your business from platform volatility and ensuring you can always reach your audience.

In a crowded market, Missive's commitment to syncing all collaborative actions back to the user's email server became its key selling point. This technical choice built trust and loyalty with users wary of getting locked into a new platform and proved to be a surprisingly effective moat.

Social media algorithms are fickle and AI summaries are reducing referral traffic from search. Email newsletters are thriving because they provide a direct, reliable communication channel where creators truly own their audience and distribution, hedging against unpredictable platforms.

Substack's new policy requiring readers to install its app to finish articles is a major strategic pivot. It moves the company away from its founding ethos of direct, unmediated creator-audience relationships via email and towards building a walled-garden social network, potentially at the expense of its creators.

Substack is more of a social network with email features than a robust email service provider (ESP). The optimal strategy is to leverage its discovery features, like Notes, to acquire subscribers, then regularly export those emails to a primary ESP where you fully control the audience relationship.

X doesn't need to convince top writers to abandon platforms like Substack. Their goal is to get those writers to cross-post free content onto X, thereby capturing valuable long-form text and user attention without needing to replicate Substack's entire creator-friendly ecosystem.

People claimed they would never pay for online content in the abstract. But when founder Chris Best asked if they'd pay for their *single favorite* writer, the answer was yes. This specificity proved the model's viability, showing people pay for trusted relationships, not generic content.

Instead of treating social media as a long-term home, use it as a strategic tool to get your audience onto platforms you own, like an email list. The primary goal is to capture attention and immediately guide followers into your ecosystem, building a more resilient business off-platform.

Substack offers a powerful platform for writers to build a direct audience and revenue stream through subscriptions. It's an ideal alternative for creators who excel at writing over video, allowing them to directly monetize their skills and build a recurring revenue business.