So far, Ness Labs and the Maker Mind newsletter have been funded through sponsorships and consulting — both time-consuming and unpredictable. Yesterday, I launched the Ness Labs membership to my newsletter audience.
This is a huge milestone as it's the first time ever Ness Labs is generating proper MRR—as in recurring revenue! The goal is to create a sustainable revenue stream so I can focus on creating great content and being helpful to the community.
I was initially planning on only offering an annual membership, but with everything that's going on, I thought it would be nice to give people more flexibility. So I ended up creating a $50 yearly plan and a $5 monthly plan.
I made exactly $1,105 in new memberships since launching 12 hours ago. After all the work I've put into writing free articles and the newsletter, this feels like a massive hug from my readers! 🤗
Both plans include:
Next week, I'll launch a proper community where members can connect with each other.
In terms of growth, I'll keep on writing the free weekly newsletter, and hopefully in a few weeks I'll have a good idea of what percentage converts to the paid membership. Excited to grow this community!