🎊 We made it. Again!

🎊 We made it. Again!

Editorial and financial highlights, recognition for Sanity, the painful stuff, and what's coming in 2023. Enjoy :)

Tanmoy Goswami

Dear Friend of Sanity,

Happy second birthday to us 😊😊. Congratulations, we made it. Again!

What were the odds of this thing lasting a whole 24 months? In a more logical world, I wouldn't be writing my second annual report for you. I would definitely not be writing it 7,000 km away from home, sitting in a place which felt like an absurd fantasy just months ago. I wouldn't be preparing for year three – year three – of this mad little adventure we began in the middle of a pandemic that swallowed whole far bigger things. And, as you will see by the end of this report, I wouldn't have closed the year by making a decision that I am told defies the conventional rules of the creator economy.

None of this would make sense in a logical world. But then, if there's one thing building Sanity has taught me, it is that logic is overrated.

Bodleian Library photographed on a crisp, cold night. Light from a bike in the bottom right corner gives this gorgeous monument a rather appropriate poetic sheen, a nod to the light of knowledge it holds within.
Knowledge is light. Bodleian Library on a crisp, cold night.

Sanity's first edition went out on December 15, 2020. It's a funny thing, memory. It's easy to forget what the world of December 2020 felt like. The pandemic's early chaos had felled my employer. I was numbed by the loss of the world's greatest colleagues. And I had not the vaguest idea how to begin rebuilding my livelihood as a 'solo creator' in a part of the world where the vast majority of newsletters die a swift, lonely, impoverished death.

Even as I pressed 'publish' on the launch edition of Sanity, I thought okay, so this is what midlife crisis looks like for an out-of-work journalist.

A screenshot of the first edition of Sanity published on Substack on Dec. 15, 2020. Headline reads: "Wanted: Sanity"
When year-end mayhem turned into miracle. I know, cheesy. But hey, it's our birthday!

But you – you wouldn't let me wallow in insecurity. You showed up. By the hundreds. Then, by the thousands. From all over the world. I mean literally from across six continents. And now here we are. Joint custodians of something the world has never seen before: an independent, reader-funded mental health storytelling platform, proudly rooted in the global south. A beautiful, curious two-year-old.

Why do I publish these annual reports? No one asked me to. Not even those of you who so generously support Sanity financially so I can keep going. I publish them because when you love your work and cherish those you do it for, accountability isn't an obligation but an addiction. I do it because maybe there's a lonely creator out there who needs to know there's at least one person who understands.

Here goes.

A list of countries where Sanity's readers are located. India, US, UK, Brazil, Trinidad and Tobago, Australia, Canada, Netherlands, Morocco, Greece, Chezchia, Spain, Switzerland, Philippines, Germany, France, South Africa, Cyprus, Romania, Qatar, Italy, Singapore, South Korea, Indonesia, UAE, Portugal, Nepal, Bangladesh, North Macedonia, Bolivia, Mexico, Nigeria, Malaysia, El Salvador, Poland, Japan, Mongolia, Turkey, Bulgaria, Belgium, Argentina, Colombia, Denmark, Hungary, Kenya, Bahrain, New Zealand, Uganda, Vietnam, Panama, Lebanon, Thailand...
Fifty-two countries and counting.

Learning is a fulltime job

In these 24 months – and particularly in the 18-odd since leaving Substack for my own website – I have felt my brain groan with growing pains. My priority through it all has been to grasp at survival, personally and professionally.

The former I am still not that good at. I have excellent support from mood stabilisers and antidepressants and a genius therapist. But still, I only feel like a survivor, whatever that word means, a few days every month. Let me say it the way it is: But for my boatloads of privilege that allows me access to quality care, I'd have been a ghost. Gone. Poof.

Professional survival has been a more, dare I say joyful, pursuit. Yesterday I was flipping through my notebook where I maintained my pre-launch to-do lists. 'Learning' is fast becoming a buzzword, but gosh – it struck me that I have indeed been devouring new lessons almost at the pace of ChatGPT.

Photograph of a to-do list from my notebook during the transition from Substack to my own website.
A page from my notebook during the transition to this website from Substack.

I've been learning design (and have even given talks on how to create a good-looking website; bookings open now πŸ˜‡). I've been learning sales. I've been learning customer support. I've been learning how to write polite but urgent emails to supporters with overdue renewals (if you are one of them, please renew). I've been learning how to piece together technology to create a respectful space that doesn't feast on your personal data.

And through it all, I've been learning to shed the wishful thinking – a legacy of the big newsrooms where a legion of people supported me so I could do my job – that someone else is coming to take care of the stuff that I don't like doing.

Screenshot of a tweet where I declared that I won't be using the pronoun we to refer to myself anymore since it's just me doing everything for Sanity- from writing to sales to panic attacks.
So long.

A century of posts

I have sent out an edition almost every week this year (except that time when I broke my back or when I was moving to Oxford).

The Sanity website now has 100+ posts. I don't track granular data, but based on a combination of open rates (which have ranged between 40% and 65%) and reader feedback, the stories that have gotten the most love include:

List of most loved stories.
Sanity readers have good taste.

Key to sustainability? Diversify.

Going into 2022, I knew it would be a tough year financially. The Covid bump to independent creators would begin to flatten. Newsletter fatigue would set in. Economic precarity would make every dollar spent on things such as newsletter subscriptions difficult to justify. The chaos unleashed by new payments regulations would mean losing dozens of subscribers almost by default. Then of course, my writing would outlive its utility for some of you. Others would find better, worthier things to support.

All that reflected on the business this year. Free subscriptions continued to grow, but monthly recurring revenue from paid subscriptions dropped slightly. I had to purge inactive subscribers since Ghost, the content management system I use, charges me for the total number of subscribers signed up.



Thankfully, that's where the rough news ended. I had a powerful realisation this year: The trick to making a niche platform like Sanity sustainable is to diversify. I am happy to report that I made promising headway with some exciting consulting, teaching, and speaking assignments.

I have done work with the Knight Centre, University of Texas; Columbia Journalism School; the University of Amsterdam; the Centre for Mental Health Law and Policy in India; Sangath, an Indian mental health NGO; and Plum, an employee health insurance startup; among others. Hit me up if you want to discuss an idea.

Numbers etc: Posts 100+, authors: 9 from 5 countries, total subscribers: approximately 3,000, monthly recurring revenue from newsletter: US$1,200
That's all the data my anxious brain can process. 

Sanity goes places

At the end of the day, I have made the choice to work for myself because I find the hostility and purposelessness of typical workplaces impossible to tolerate. This means making peace with uncertain income (and the guilt of not doing the very best one can for one's family – I know, unreasonable, I shouldn't, but well).

It also means finding validation in other gifts – and what an absolute bounty 2022 delivered.

  • In April, with remnants of the lockdown era still in place, my friends Alan Soon and Rishad Patel of the nonpareil Splice Media helped me get to the International Journalism Festival at Perugia, Italy. Together with Mongolian creator Anu Harchu, I spoke about the agony and ecstasy of life as an indie creator in Asia.
  • The Newmark Journalism School at the City University of New York invited me to speak about accomplishing 25 things in 24 hours (my advice: don't even try.)
  • LinkedIn named me a Top Voice in Social Impact.
  • My friend Krystal Knapp wrote a case study on Sanity. Thanks Krystal ❀️.
  • Sanity made it to some of the world's most respected publications.
  • And I made it to Oxford. Which has been epic. A dedicated post is in the works, but for now, let me just say how surreal it is that Sanity became my ticket to sharing these hallowed climes with 16 incredibly accomplished people from all over the world.

I think we can call that a pretty stellar year 🀩.

A smorgasbord of recognitions for Sanity - a t
Could I please be vain on all our behalf and look at this all day? πŸ˜€

Shiny new things

Creator life is nothing without the freedom it gives you to tinker with new stuff. And 2022 was the year when I let rip.

  • Last year, I started a podcast but soon dropped it because it was too much work and too few of you showed interest in it. But I am an audiophile, so this year I launched what I call my voice letters – unscripted messages to you that are part audio summaries, part sneak peek into my daily diary. The reception this time has been pretty great, so voice letters are staying.
  • We also now have a section dedicated to articles written by Sanity readers. Check out Voices of Sanity.
  • I am particularly proud to have onboarded Sanity's first intern – Devika Rawat, who taught me a lot about the state of psychology education and wrote a brilliant story on an unexplored topic.
  • Another first was hosting five amazing members of the Sanity community as guest speakers at the September community meetup. Anindita, Jackee, Amrita, Victor, Aparna – big love from all of us. (Though the highlight of the meetup was two Dutch readers meeting each other for the first time and discovering that they are practically neighbours!)
  • I had a lot of fun helping build 'Mending by Plum', a no-holds-barred show on workplace mental health. Go watch.
  • Last year, I had promised there'd be a series dedicated to suicide prevention lessons from the global south. Thanks to my friends at Mariwala Health Initiative, I got to follow through on it.
  • Finally, last week I launched User Manual for the Self, an additional newsletter for all Sanity subscribers that I describe as a field guide for living with too much feeling. Here, have a look.
New stuff: New voice letters where I speak directly to readers, mostly unscripted; a commissioned show on workplace mental health; a series on suicide prevention supported by Mariwala Health Initiative that I am especially proud of; a brand-new creative nonfiction newsletter; and Sanity's first-ever intern; and an exclusive space for articles by Sanity's readers.
Clockwise from top left: Voice letters where I speak directly to readers, mostly unscripted; a commissioned show on workplace mental health; a series on suicide prevention supported by Mariwala Health Initiative that I am especially proud of; a brand-new creative nonfiction newsletter; Sanity's first-ever intern; and an exclusive space for articles by Sanity's readers.

What you can expect in 2023

Year 1 is the honeymoon period for any new platform. Some of that sweet momentum carries you through year 2. I imagine year 3 will be all about endurance.

So here's what I promise you. No flashy stunts. No dazzling 'innovations'. Just consistent, sincere, boring hard work. I will show up for you and do the best work I can. I will keep plodding away at the goal of telling stories about mental health that no one else is telling. I will try not to do any of this at the cost of my own healing. And I will fiercely guard the values that you love Sanity for.

It's those values that led me to decline a funding offer for Sanity this year. Thank you for the dozens of messages you have sent me proving that I did the right thing, even though it may not be considered a model decision for anyone seeking to build a media empire.

This also means I need you by my side more than ever. So if you haven't already, please join Sanity as a paying supporter now, and share my work with anyone who might be interested.

Let this be the defining epiphany of 2022: Not every idea needs to 'grow' and 'scale' and take over the world. Some ideas fulfil their destiny when they remain small and serve the world in their own small way.

What can be a better definition of sanity?

Love and gratitude,
Tanmoy


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