profile

GROWTH CURRENCY⚡

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

Published about 1 year ago • 3 min read

This email may contain affiliate links. I receive a small commission for recommending products I use & love at no extra cost to you.
[Read the browser version right here]

Welcome to Growth Currency

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

Did someone forward you this newsletter? Subscribe here »


[#Sponsored]
A brand new framework for thinking about today’s complex world

This issue is in partnership with Tim Urban.

What's our problem?

Get to the bottom of modern society with a groundbreaking new book from Tim Urban, creator of the wildly popular blog Wait But Why.

Dive deep into history, evolutionary psychology, political theory, neuroscience and more as you explore an entirely new framework for understanding our complex world.

Packed with original concepts, sticky metaphors, and hundreds of drawings, What's Our Problem?: A Self-Help Book for Societies is sure to change the way you see your world.

Get your copy »


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 ;)


How would you rate this edition?

⚡⚡⚡⚡⚡ Electrifying!
⚡⚡⚡ A decent jolt.
Just static...

Share GC⚡ with your audience—get rewarded.

Would your friends or audience love our newsletter too? Give them your unique referral link (below) and get an awesome reward when they subscribe.

[RH_REFLINK GOES HERE]

twitter whatsapp linkedin email

PS: You have referred [RH_TOTREF GOES HERE] people so far

See how many referrals to the next reward »
⚡️ 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⚡

by Dylan Redekop

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

Read more from GROWTH CURRENCY⚡

[Read the browser version right here] Hey Reader, It's been a minute! Manyyyyyy minutes. It’s been *checks calendar* 128 days since I sent the last edition and went on a much-needed summer hiatus. And now there are ~700 more of you (shoutout ConvertKit Creator Network 🙌) — so if you're new here.. WELCOME it's good to have you. If you've been with me for a while — welcome back! This is the 120th edition of Growth Currency⚡— the newsletter that helps you start + grow + improve + monetize your...

7 months ago • 3 min read

[Read the browser version right here] Hey Reader, Welcome to the 119th edition of Growth Currency⚡— the now-fortnightly newsletter that helps you start + grow + improve + monetize your newsletter. Yep—it's meta: a newsletter about newsletters. Check out older editions here. In this edition: » 3 things you need to consider before paying for subscriber growth 💸» A virtuous cycle of newsletter growth 🔁» 10 powerful newsletter tools ⚒️» Selling out 2 months of newsletter ads in 23 hrs ⏱️ …and...

11 months ago • 4 min read

[Read the browser version right here] Hey Reader, Welcome to the 118th edition of Growth Currency⚡— the now-fortnightly newsletter that helps you start + grow + improve + monetize your newsletter. Yep—it's meta: a newsletter about newsletters. Check out older editions here. In this edition: » Getting your readers addicted to your newsletter» How the best newsletter operators get 50k+ subscribers» 52 ways to grow your newsletter» The math behind a $1M per year newsletter biz …and more! Shall...

11 months ago • 4 min read
Share this post