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#214: A transparent look at how my business performed in August 2024
Creator Science
Revenue Earned Differs from Revenue Recognized
Revenue recognized does not always reflect the actual revenue earned, particularly in the context of membership growth. A downturn in membership renewals and new members in August contributed to a significant decrease in overall revenue. August marked the third lowest month for new membership growth in the year. Despite these challenges, revenue from YouTube sponsorships and AdSense provided some financial relief, illustrating the importance of diversifying revenue streams in times of membership decline.
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