Web Monetization Community

Discussion on: What advice would you give our new grantees?

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gfam profile image
gFam

Great discussion prompt!

I would make sure you know the exact dates that your project starts, ends and the dates that you need to submit reports, spend funds, etc etc. The GftW team are super fantastic and understanding, but it helps you plan your project if you know the exact due dates of everything. It's very easy to get distracted by actually doing the project work and miss a date.

Make sure you work out if you'll need to budget for taxes, exchange rates, fees, platform fees, etc etc. A couple of these things took me by surprise and ended up okay but could have been a small disaster.

Use this forum to ask questions or reach out to people here via DM or Twitter to ask questions of. Everyone I've approached has been amazingly friendly and helpful no matter how small or silly I thought my question was. You can save yourself so much time and stress by just reaching out to this community.

You will have to put a bit of energy into marketing your project... the whole 'build it and they will come' doesn't really work. You may need to join or spend more time in a community whose [problems you're solving and let them know. I honestly didn't understand how hard this would be or how time-consuming it would be.

Hope this helps!

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scallemang profile image
Sam

You will have to put a bit of energy into marketing your project... the whole 'build it and they will come' doesn't really work.

Good tip. I'll add, look for automations where you can – schedule posts in Buffer, template your social images, whatever you can do to shave off 'time overhead'.

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radhyr profile image
Radhy

Make sure you work out if you'll need to budget for taxes, exchange rates, fees, platform fees, etc etc. A couple of these things took me by surprise and ended up okay but could have been a small disaster.

We'll keep this in mind, thanks!

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ericahargreave profile image
Erica Hargreave

I always tell my students that ‘build it and they will come’ is a field of dreams. Rather it is ‘build it, find-engage-and-foster a community, and they will come’.

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gfam profile image
gFam

Hahaha, I like what you did there.

I think that's a great approach... the other one I like is find a community you love, find out what their pain points are, build a solution and they'll love you forever.

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ericahargreave profile image
Erica Hargreave

That’s so true.