I did this and considered it the easy way of installing an OS on a Mac circa 2011 vs. DVD then messing around updating that ...

> Plug USB stick into target Mac, copy installer to desktop, run it

Apple has a whole page on making a bootable USB, it can save you a step: https://support.apple.com/en-us/101578

If the bootable USB even works. Monterey won't, or any out of support OS.