"When should I start monetizing?"

Answering this age old question once and for all.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [Creator Science]( Presented by [Craft + Commerce](=) Hello my friend! The [creator business model]( is pretty simple. You capture attention, provide value, and then capture some of that value you've created for others. It's not unreasonable to simplify this even further into two halves: - Audience building - Monetization But a lot of folks get hung up on when they should start thinking about generating revenue once they've begun capturing attention and building an audience. So, this week I'm sharing my take on when you should begin monetizing. Spoiler: You're probably ready right now. Read my full approach in this week's essay down below. But first... ​ ​ [Sponsor Image](=) PRESENTED BY CRAFT + COMMERCE Join me in Boise! Craft + Commerce is happening June 8-10 This three-day event is designed to help you connect with fellow creators, learn from experts, and discover tools and strategies to grow your business. Craft + Commerce includes inspiring keynotes, workshops, meetups, live ConvertKit support, and social events. This is the perfect opportunity to gain valuable insights, network with your peers, and have a blast doing it. I'll be there (speaking!) and I hope to see you there too. I've wanted to go to this event for years. Right now, you can take $50 off your Craft + Commerce ticket. Want to bring a friend? You’ll save even more! [Register Now](=) ​ ​ [Featured Image]() THIS WEEK'S ESSAY When to start monetizing Creators frequently ask me, "When should I start monetizing?" First, let's acknowledge that "monetizing" is a weird word. But, for whatever reason, it seems to have stuck as the word du jour when talking about "making money from all this really hard work I'm doing." There are differing opinions on this question – and so, this week, I wanted to offer my own. [Keep reading (7 min) ↗]() ​ ​ CLICK WORTHY 🔥 Check these out 💙 [Build A Beloved Membership](=) – my course on building a paid membership community continues to get incredible results for students. If you're considering a membership of your own, this course will help you have a successful launch and a standout community. --------------------------------------------------------------- 🎵 [The power of subtraction]() – "When You Were Young" by The Killers was a massive hit. But it may have failed if the band didn't choose to remove part of the song. --------------------------------------------------------------- 💌 [How to Sell Newsletter Ads]( – Matt McGarry (this week's podcast guest!) wrote a fantastic, in-depth post on how to sell newsletter ads. ​ NEW PODCAST EPISODE #145: Matt McGarry The man behind email acquisition for The Hustle, Codie Sanchez, Sahil Bloom, and The Milk Road [Creative Elements Cover Art]( Matt McGarry is the owner of [Growletter](=), an agency helping some of the biggest newsletters in the world grow. He's helped The Hustle, Codie Sanchez, The Milk Road, and others attract millions of email subscribers. He also studies the world’s best newsletters, content creators, and media companies and shares their strategies and tactics through his newsletter, called [The Newsletter Operator](). He is THE guy to know if you’re focused on building a newsletter and are interested in growing through paid acquisition. In this episode, you’ll learn: - How paid acquisition works - The costs you can expect - How to run a successful campaign - And how to calculate ROI This episode is available in audio only [Play episode]( [Apple Podcasts]() [Spotify]( [Stitcher]() [YouTube](=) New to the show? Start with a [curated playlist](). ​ LAST WORD 👋 Get featured in Creator Science! Right now, my writing is focused on answering a lot of the core questions that I hear from creators. This is important and necessary for the business, but I want to include a little more science in this newsletter too. So I've been considering featuring readers in the newsletter itself. If you've been running any experiments in your creator business recently, hit reply and let me know. I'd love to hear about them and potentially even feature them in a future issue. Important notes: - Experiments begin with goals and a hypothesis. What did you want to achieve? What were your assumptions? - Experiments have results. I want to see the outcome with real data. - ​[Here's an example](=) of one of my experiments It doesn't have to be a month-long experiment, it could be an interesting A/B test that gave you compelling results. If you have something that you think can help other creators, hit reply and let me know! Cheers, Jay --------------------------------------------------------------- [Photo of Jay Clouse]( Jay Clouse [Say hi 👋 on Twitter]() or [Instagram]( ☎️ [Book a 1:1 call with me]( Thanks for reading! Reply any time. [Edit your profile]( or [unsubscribe here](. This email was sent with [ConvertKit]() and designed using [Palladio](=). Want to work together? - [Work with me 1:1]( – book a coaching or strategy session. - [Sponsor this newsletter](=) – get in front of 23K+ creators. - [Join The Lab](=) – my membership community for creators. - [Courses & Workshops](=) – learn the essential skills to become a professional creator. Send mail to P.O. BOX 797, Worthington, OH 43085