A question on starting an eNewsletter/eZine

I've been meaning to start my own newsletter since early last year; what's stopping me is the shroud of fear of the unknown. Specifically, it's what to expect, especially if that enewsletter/ezine is to be a successful project.
Your input on what to expect on the editorial side and how to maintain the readers' interests for a premium/paid version would be highly appreciated.
Thanks in advanced!
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travlinguy -
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briancassingena -
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Steve Baker -
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The Copy Nazi Banned-
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