So you want to make money on Substack?
You're wondering what to charge and how it works?
This series of prompts will give you a foundation to explore what feels right and congruent to you so you can better understand how to be paid on Substack and what to do to get started.
(My Substack dashboard as of November 2024)
Substack has changed my life and my business. Let me support you to find your tribe, monetise your newsletter and meet your first 3 paid subscribers.
There are 407 people paying making me $54.4k GAR (Gross annualised revenue). Substack take 10% and you have stripe fees too but don't worry I've included a google sheet so you can work it all through.
I can tell you all of their names...
This is Emma up front, Sue behind, me, Clare, Lindsay, Allegra, Gillian and Zoe and I met them all this year on a windy day in Alnwick. They all paid/ have paid for my Substack and I'm so grateful.
When you connect to the real heart beat of the people who want to support you, things feel different. 'Work' gets easier and you understand running a subscription model has it's ups and downs.
You'll always have the support of these people who supported you. Whether they share their likes, refer you or continue to support you financially.
Ready? Let's meet your first three paid subscribers on Substack!
It's nice to meet you...
I'm Claire. I'm an Engagement Consultant and Mentor. I started my business with Substack in April 2022. I host my podcast there, two newsletters and a beautiful community of readers, paid subscribers and members.