Here are a few steps you can follow to grow and monetize your Instagram account:

1. Define your target audience and create content that resonates with them.

2. Use relevant hashtags to make it easier for people to discover your content.

3. Engage with your audience by responding to comments and direct messages.

4. Collaborate with other users, especially those who have a large and engaged following.

5. Utilize Instagram's paid promotion features to reach a larger audience.

6. Use Instagram Stories to share more personal, behind-the-scenes content with your followers.

7. Be active on the platform and try to post regularly to keep your followers interested.

8. Interact with other users by liking and commenting on their posts.

9. Use Instagram's analytics tools to track your progress and identify what's working and what's not.

Once you've built up a large and engaged following, you can start monetizing your Instagram account through a variety of methods:

1. Sponsored posts: You can work with brands to create sponsored content that features their products or services.

2. Affiliate marketing: You can promote products from other companies and earn a commission for each sale that you generate through your unique affiliate link.

3. Merchandise: You can create and sell your own merchandise, such as t-shirts or stickers, through your Instagram account.

4. Services: If you have a particular skill or talent, you can offer services through your Instagram account, such as consulting or coaching.

Remember to always disclose when you're working with a brand or promoting a product in order to be transparent with your followers.