Richard Patey

Richard Patey is a seasoned entrepreneur and the owner of Profit Is Good Ltd, a company focused on digital marketing and online business strategies. With over a decade of experience in the online space, Patey has developed a strong reputation for building successful newsletter businesses and engaging in website investing.

Professional Background

Patey's journey in the digital realm began with his personal website, richardpatey.com, which he started around 2012. He has since ventured into various aspects of online business, including SEO, affiliate marketing, blogging, and email marketing. His notable achievements include:

• Funnel Engine: Patey built this authority website on marketing automation, which he later sold for a significant profit.13
• Newsletter Ventures: He successfully launched and monetized several newsletters, including a paid subscription service focused on website investing. His approach often involved summarizing industry news and providing insights, which attracted a dedicated audience.1

Business Philosophy

Patey advocates for newsletters as an optimal business model due to their manageable nature and diverse monetization options. He has emphasized that newsletters can generate recurring revenue through various channels such as sponsorships and affiliate marketing.1 His experience includes both launching new ventures and selling established ones, demonstrating his ability to navigate the complexities of online business.

Current Endeavors

As the owner of Profit Is Good Ltd, Richard Patey continues to explore opportunities in digital marketing and content creation. He has also served as an advisor at Domain Magnate and an investor at Thyngs, further showcasing his expertise in the digital economy.2

Overall, Richard Patey's extensive background in online entrepreneurship and his focus on newsletter-based business models position him as a significant figure in the digital marketing landscape.