Notes on Monetization

I’m trying to organize my thoughts surrounding monetization. I have my rough draft here: http://learn.realphysics.info/wiki/Monetization

Some key concepts:

  • I want to build a long-term relationship with you, which means I have to offer something of value that you’re willing to pay for.
  • If I can’t hire myself to make videos, then inevitably, I am going to do something else I can make more money at. I need to make this the most profitable thing I can do, which means I can put all my time and energy into it.
  • I want to build a sustainable business where I get to focus on the things I love to do (making lecture videos) and other people can do what they want to do (editing, copy writing, managing, etc…)
  • If you’re going to give me money, I want you to get something tangible in exchange. I think donations are often too impersonal.

Let me know your thoughts!