Bogan’s Money Making Secrets
Chapter 06 of 10

The Money Is In The List

Followers are rented. A list is owned. This is the chapter most people skip and then wonder why year two looks exactly like year one.

Bogan School Secret

The money is in the list.

Everything else in this book is how you find people. This chapter is how you keep them. Skip it and you’ll spend the rest of your working life renting an audience off a platform that can switch you off on a Tuesday.

6.1 Why a list beats followers

You do not own your Instagram followers. You don’t own your TikTok reach, your Facebook group, or your YouTube subscribers. The platform owns all of it and lends it to you at whatever rate it likes this month.

Ask anyone who built 50,000 followers and then watched an algorithm change take their reach down by 90% overnight. It happens constantly and there’s no appeal.

An email list is different. It’s a file of people who said “yes, talk to me”. You can export it, back it up, and take it with you. That’s an asset. It has a resale value. It’s the only audience you actually own.

FollowersEmail list
Who owns itThe platformYou
Who sees your post5–10%, if you’re lucky30–50%
Can it vanish overnightYesNo
Costs to reach themRising every yearNear enough to zero
Worth money if you sell upBarelyYes

6.2 Building the list

You’ve already started. Every contact from Chapter 2, every event attendee from Chapter 4, every customer from Chapters 3 and 5. Get them into one place.

Setting it up

  1. Pick a platform. MailerLite, Brevo, Kit and Mailchimp all have free tiers that cover your first 500–1,000 subscribers. Any of them will do.
  2. Make a reason to join. Nobody subscribes to a newsletter. They subscribe to get something: a checklist, a price guide, a discount, a template, a short video. One page is enough.
  3. Put the signup everywhere. Website, socials bio, email signature, the bottom of every blog post, and a QR code on your market stall and your ute.
  4. Email them consistently. Once a fortnight beats once a day and beats once a year. Consistency matters more than volume.
  5. Give more than you ask. Rough rule: four useful emails for every one that sells something.

6.3 The law bit — this one has teeth

The Spam Act 2003

Australia has real anti-spam law and ACMA enforces it with fines that have run into the millions for large senders. Three requirements, all mandatory:

  1. Consent. They must have agreed to hear from you — either explicitly (ticked a box, filled a form) or inferably (they’re an existing customer). You cannot buy a list. You cannot scrape addresses. You cannot add people because you met them once.
  2. Identify yourself. Every message must clearly say who’s sending it and how to contact you. Business name and a real address.
  3. Unsubscribe. A working, obvious unsubscribe link in every message, and you must action it within five working days.

Also: don’t import your personal contacts and call it a list. Your cousin didn’t opt in, and marking you as spam is exactly what he’ll do.

None of this is hard — every platform in 6.2 handles the unsubscribe and the footer automatically. Just don’t get clever about consent.

6.4 What to actually send

The people who fail at this send nothing for four months and then a sales pitch. Here’s a rotation that works:

EmailWhat it does
The welcomeSent instantly on signup. Deliver what you promised, say who you are in two lines, and tell them what to expect. Highest open rate you’ll ever get — don’t waste it.
The useful oneAnswer a real question from Chapter 2. No pitch.
The storySomething that happened this week. The job that went sideways, the customer who surprised you. This is where people decide they like you.
The recommendationSomething you genuinely use. This is where affiliate income lives — see Chapter 7 for the disclosure rules.
The offerNow you ask. And because of the four above, people actually read it.
Poida says

Write it like you’re talking to one person over the fence, not addressing a stadium. Use their first name. Keep it short. And reply to anyone who replies to you — that’s where the real money conversations start, every single time.

6.5 Keep the contacts file alive

Back to Google Contacts from Chapter 1. Once a month, sit down for ten minutes and update it. New people in, dead ends out, missing details filled in.

Tag people so you can find them later: customer, lead, referrer, supplier. When you launch something in six months, you want to be able to pull up “everyone who bought from me” in three seconds.

Privacy, briefly

You’re now holding other people’s personal information. Don’t be casual with it. Don’t sell it, don’t share it, don’t leave it in a spreadsheet on a laptop with no password. If someone asks you to delete their details, delete them. Small businesses under $3m turnover are mostly outside the Privacy Act, but “legally exempt” and “trustworthy” aren’t the same thing — and the reputation damage from leaking a customer list doesn’t care about the threshold.

The compounding bit

A list of 200 engaged people is worth more than 20,000 followers. It sounds wrong until the first time you email 200 people and make $2,000 in an afternoon.

Then you’ll never neglect it again.