← Back to browse

Flight New Media

by Rich Brooks@The Rich BrooksLaunched 1997via Nathan Latka Podcast
Growthword of mouth
Pricingother
The Spark

Rich Brooks started Flight New Media in 1997 not with grand ambitions, but out of practical necessity. Operating from his living room, he began building websites for local clients. The agency's early growth wasn't driven by aggressive marketing—it was organic. One of his earliest clients actually gave him an ultimatum: hire people or lose the business. That single moment forced him to professionalize the operation and build a team.

Building the Agency

Over the next 15 years, Flight New Media evolved from a web design shop into a full-service digital marketing agency. Brooks expanded the service offerings to include search engine optimization, social media marketing, webinar support, and other digitally-delivered services. The agency maintained a tight focus on helping small businesses and nonprofits succeed online—a positioning that would define both the agency and his conference later.

The Conference Idea

In 2009, Rich and some friends began hosting free social media presentations that consistently sold out. Frustrated that organizers were charging at the door while speakers received nothing, they decided to launch their own event, "Social Media FTW." It ran for three years before the founders amicably parted ways. The experience taught Brooks the power of live events for thought leadership and community building.

From Event to Platform

The real inflection point came in 2012 when Rich decided to launch Agents of Change, a digital marketing conference. Unlike his first conference, this one would be his own and would expand to cover search, mobile, and social marketing—areas he felt weren't getting enough attention. The conference became a testing ground for marketing ideas he could apply to Flight New Media and a platform to establish himself as a nationally recognized expert.

Running a Profitable Event

What makes Rich's approach to conferencing remarkable is how deliberately profitable he's engineered it. By 2012, he had refined the unit economics: with a $200 ticket price for 375-400 attendees, he targets roughly $75 in costs per person (food at ~$29, venue overhead ~$5, marketing ~$10, and speaker costs ~$30). This structure generates approximately $40,000 in direct profit annually. He's also scaled to offer digital passes (100-300 annually at likely higher price points), adding another revenue stream.

Key cost-control tactics include: partnering with the University of Southern Maine for affordable theater space ($2,000 for the full day versus $20,000-$25,000 for commercial venues); securing sponsors for food and beverages (pizza sponsor provided $500 worth of pizza; beer sponsor eliminated that cost entirely); and keeping the event to a half-day format initially to avoid expensive meal requirements.

The Flywheel Effect

Rich doesn't view the conference purely as a profit center. It serves multiple strategic purposes: it acts as a test lab for marketing ideas he applies to Flight New Media, it generates 1-2 new client engagements annually worth $10,000-$30,000 each, and it amplifies his personal brand and the agency's visibility. This multi-dimensional ROI—direct profit plus lead generation plus brand building—makes the conference a core business driver despite the operational complexity.

Similar Companies

Zoom

$12.0M/mo

Zoom is a freemium SaaS video conferencing platform founded by Eric Yuan in July 2011 after he left Cisco to build a next-generation collaboration solution. The company has grown to 850,000+ paying customers across individual, SMB, and enterprise segments, generating over $12M in monthly recurring revenue with approximately 100% year-over-year growth. Rather than focusing on customer stickiness or aggressive growth targets, Zoom emphasizes customer happiness and organic word-of-mouth acquisition, which has proven highly effective in driving viral adoption.

Active Campaign

$4.2M/mo

Active Campaign started in 2003 as an on-premise email marketing solution built by Jason Vanderboom to fund his fine arts degree. After 10 years and 8 employees generating a couple million in revenue, he transitioned to a SaaS model starting at $9/month. The company now has over 60,000 customers generating over $50 million annually and employs 330 people, growing primarily through organic adoption, partnerships, and focus on the SMB market despite pressure to move upmarket.

NutriSense

$3.3M/mo

NutriSense is a direct-to-consumer metabolic health platform that pairs continuous glucose monitoring devices with proprietary software analytics and dietitian coaching. Launched in September 2019 with pre-sales in keto and Oura Ring Facebook groups, the company grew from under $1M MRR a year ago to $3.3M MRR today (3x growth), with 15,000-16,000 active paying customers and 170 employees. The business has raised $32M in funding across multiple rounds since a $250K seed in early 2020.

Batch Products

$2.5M/mo

Batch Products is a bootstrapped SaaS company founded in 2018 by three co-founders (Evo Dragunov and two partners) that provides five separate data and lead generation platforms for real estate professionals and other industries. Starting with Facebook group outreach and affiliate marketing, they grew to 18,000 customers generating $2.5M in monthly revenue ($30M ARR projected for 2021) with 57% profit margins, all while maintaining 100% ownership and adding 100 employees in six months during 2020.

Aweber

$2.4M/mo

Aweber is a 17-year-old profitable email marketing SaaS company with 120,000 paying customers as of August 2015. The company generates well over $2.4 million in monthly revenue ($28.8M ARR estimated) through a subscription model starting at $19/month, with a 3-4% monthly churn rate and heavy reliance on affiliate referrals (30% lifetime commission). Founded by CEO Tom (credited with inventing the autoresponder), Aweber has achieved sustained profitability since day one by prioritizing customer lifetime value and profitability margins over rapid growth.

Related Guides