⚡ #110: Build a $10k newsletter business—without quitting your job


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Welcome to Growth Currency

The #110th edition helping you start + grow + monetize your newsletter.

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What You Need To Know

News from GC & the Newsletter industry

ConvertKit announces Creator Network 'Recommendations'-style feature, opens beta waitlist
I've been part of the alpha launch of CK's Creator Network over the past few weeks. It's going to be a game-changer for SO many. Get on the waitlist NOW.

CEX returns this May — tickets are limited
The Creator Economy Expo (CEX) 2023 is for YOU, content creators & content entrepreneurs. Register now using my coupon code GROWTH100 to save $100! Early bird pricing ends March 31st!

🙏 Kidney needed for Harim
Roberto is a former sponsor of GC⚡ and his wife, Harim, needs a kidney transplant. They have a donor (Harim's sister!) — but their medical insurance won't cover the surgery. Please donate if you feel compelled and are able.


ARTICLE by Growth Currency

How to run a five-figure newsletter business without quitting your job

You can build a 5-figure newsletter business while keeping your 9-5.

I’ve been operating the Growth Currency⚡ newsletter “on the side” since January 2021. That first year, I earned ~$2,000 via the newsletter.

Then things started heating up in 2022. Why?

  1. I niched down to focus on helping creators grow, improve, and monetize their newsletters.
  2. I established key relationships through Twitter and other online communities.
  3. I raised my newsletter ad rates. As ad spots filled up, I raised my rates.
  4. I applied for and was accepted to join the ConvertKit Sponsor Network (More on that here.)

Doing all that led me here:

My newsletter earned over $10,000 in advertising revenue and affiliate sales in 2022.

Before we jump into the nitty gritty…

I want to introduce the 4 main buckets I consider when creating a newsletter:

  1. Organization
  2. Creation
  3. Promotion
  4. Monetization

This article will cover what I do in each.

Read the whole article »


LINKS by Growth Currency

"Knowledge is the currency of growth."

START YOUR NEWSLETTER

How to start a newsletter and get your first 1,000 subscribers [8 simple steps] 🧵 by Matthew McGarry

My Take: This is one of the best just-get-started newsletter playbooks I've read. Matthew is absolutely crushing content for newsletters. Read this and give him a follow 💯

twitter profile avatar
Matt McGarry
Twitter Logo
@JMatthewMcGarry
February 7th 2023
24
Retweets
168
Likes

GROW YOUR NEWSLETTER

Results from my February Email Growth Experiment by Jay Clouse

My Take: Jay wanted to get from 17k subscribers to 20k by the end of February. Spoiler: He did it! Learn about Jay's most effective newsletter growth strategies in this deep dive.

IMPROVE YOUR NEWSLETTER

35 Lessons from 35 Years of Newsletter Publishing by CJ Chilvers

My Take: I wanted to pick out my favorite from this list—but I can't. Too many gems. But if I had to choose 3, I'd pick #2, #7, #20.

MONETIZE YOUR NEWSLETTER

How Daren Smith grew his $85,000+ business with under 10 hours per week with ConvertKit by Marijana Kay

My Take: Find out how Daren uses Momentum, Lead Magnets, and Partnerships to fuel a growing digital business.


(GC ⚡ Newsletter Of The Week)

Humans Sending Emails by Jeff Felton

Most email marketing feels gimmicky. These weekly emails teach you how to make money from email—and feel good about how you did it.

Subscribe today »


Thanks for making it to the end—I try and save some personal ramblings for this space.

Teaser:

Got some really good news this week.

News that will be a big change in my personal and professional life. And will have a significantly positive impact on this newsletter and, hopefully, on you.

I'm really excited to share it with you—on March 20th ;)


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⚡️ by SparkLoop

And in case you missed it, here are last week's TWO most popular links:

#1: 7 Newsletter Mistakes—and how to fix them TODAY by Growth Currency(89 clicks)
#2:
How Arvid Kahl grew his newsletter to 7,600 subscribers & $3000/mo revenue by Ciler Demiralp (80 clicks)


Other resources to help you:

The 1KS Roadmap: A Free Course To Your First 1,000 Subscribers
The Ultimate Creator Database of Awesomeness
Advertise in this newsletter

Peace and platonic love,

Dylan

Twitter | Medium | Instagram | TikTok

GROWTH CURRENCY⚡

Join 4k+ subscribers learning how to START + GROW + MONETIZE their newsletters with weekly insights, tips, and resources.

Read more from GROWTH CURRENCY⚡

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