How to start a paid newsletter on Substack

Launch a paid newsletter on Substack — setup, pricing, free vs paid mix, and the first 90 days that get you to your first 100 paying subscribers.

7 min read beginnerUpdated Jun 10, 2026
BI
Reviewed by the editorial team · Jun 10, 2026
Before you start
  • An email + Stripe account (Substack uses Stripe Connect for payments)
  • A defined niche and at least 10 sample posts in mind

Step by step

  1. 01

    Create the publication

    substack.com → Start writing → pick a name, URL, and About page. Use your name unless you're building a media brand.

  2. 02

    Set up Stripe

    Settings → Payments → Connect Stripe. Substack takes 10% + Stripe fees. No way around it on Substack — switch to Beehiiv or Ghost if margins matter.

  3. 03

    Pick your pricing

    $5/month or $50/year is the Substack benchmark. Higher prices ($10+/mo) work for B2B niches. Always offer the yearly discount — it's where 70% of revenue comes from.

  4. 04

    Decide the free vs paid mix

    The proven model: free post weekly (top-of-funnel), paid post weekly (the meat). Free posts must be genuinely valuable, not teasers.

  5. 05

    Write 4 free posts BEFORE turning on payments

    Subscribers want to see what they're paying for. Publish 4 strong free posts, then turn on paid tier with a launch post.

  6. 06

    Launch with a 7-day founding member discount

    Subscribers feel urgency, you get social proof for the next 6 months. Founding membership ($150/year) attracts your power users.

  7. 07

    Drive traffic with Notes + recommendations

    Substack Notes (their Twitter clone) is the biggest free traffic source on the platform. Post 3-5 Notes/day. Set up recommendations with 5-10 other newsletters in your niche.

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