How Much Money ConvertKit Makes

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Web nathanbarry.com

“Unfortunately July 1st, 2013 arrived and ConvertKit was only at $2,480/month. Basically half of where I needed to be. At first I thought, “Oh well, we’ll continue to grow and hit our goal in a few more months.” Unfortunately that didn’t happen. ConvertKit revenue stayed steady and then gradually declined. $2,480 was the peak month. Note: this was actually based on an estimate of what the month would be (with payments from multiple sources), not final numbers (it was before I had Baremetrics). The actual numbers were closer to $2,000.”

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Web nathanbarry.com

“The bottom In October 2014 monthly recurring revenue had slid all the way down to $1,207.”

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Web nathanbarry.com

“Then in November we continued to execute on the same strategy and grew 27% up to $2,100.”

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Web nathanbarry.com

“December was the month all this effort really started to come together. MRR grew 54% to $3,237.”

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Web nathanbarry.com

“From December 15th to January 15th we grew 60% to $4,067.”

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Web nathanbarry.com

“February had a slow start, but growth picked up and we closed the month growing 17% to $4,561.”

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Web nathanbarry.com

“Then something happened that I’ve been working towards for 2 years, 2 months, and 9 days: we passed $5,000 in monthly recurring revenue.”

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Web nathanbarry.com

“We have nearly 20,000 customers, send billions of emails, and are at $12 million in annual revenue.”