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How to Make Money Writing

by Oboypapi

Are you a wordsmith with a passion for storytelling? Or maybe you’re someone who enjoys expressing themselves through the written word? Whatever your motivation for writing, did you know that you can turn your love of words into a lucrative income stream? Yes, that’s right! Writing can be one of the most profitable ways to make money online. Whether you’re a freelance writer, a novelist, or a blogger, there are countless opportunities out there waiting for you. In this post, we’ll explore the top strategies for making money through writing, and show you how to turn your talent into a thriving career. So, grab a cup of coffee, sit back, and let’s explore the exciting world of writing for profit.

 

 

What is the Medium Platform?

For those who are unfamiliar, Medium could be compared to YouTube for writers.

Like Youtube, Medium allows you to create an account, publish amazing articles of your choice, and then get paid when paying members read those articles. The key revenue-generating metric for Medium, like Youtube, is currently “member reading time.”

You may also get a very small form of commission if a non-member reads your article and becomes a member within a month. I’ll elaborate on this later.

On Medium, unlike YouTube, you are not compensated if a person who is not paying views your material. However, if another person registers their same opinion, it might help the various algorithms push it to people.

Additionally, Medium is a huge website with hundreds of stories, articles, poems, and comics, as well as over 200 million monthly visitors! A lot of users simply sign up with the goal of browsing the great material generated by tens of thousands of writers. I beg you to take my word for it when I claim that it has one of the most simple and user-friendly content management systems of any significant blogging platform available online.

So if you appreciate reading about a wide variety of topics or want to try your hand at writing, Medium.com is the place to go.

 

 Can I Make Money On Medium?

The top writers on Medium.com earn $5,000, $10,000, and even up to $49,000 in a single month as of 2023, so some people make an astounding amount here!

But figures of such nature are uncommon.

The amount of work you put in determines how much money you make virtually totally (as with everything in life).

I want you to first ask yourself a few questions.

#1.  Is earning a living full-time your objective?

#2.  Is it your aim to earn a little extra cash each month to buy coffee?

#3. Are you merely investigating writing as a hobby?

To properly set your expectations, you must answer the three questions above.

 

#1. If You Want To Make Coffee Money On Medium

Good news for those looking to make a little more money on coffee! This task is much easier. First of all, creating a new website only takes a few minutes and is really easy to use. When you publish a few items each week, concentrate more on what you want to do, what you are an expert in, or just have fun. For $20 to $50 a month, you can submit your writing to select small- to medium-sized publications.

 

#2. If Writing Is Your Hobby

If you want to start writing as a pastime, go to medium.com! You name it: code, poetry, fiction, cartoons, and business writing. For everything, there are Medium publications and topics. And you may incorporate almost anything into their stories.

 

Who Earns The Most Money on Medium?

The majority of authors on Medium probably harbor a secret desire to support themselves through their writing. However, you should be aware that just 9% of Medium authors make more than $100 USD per month before we begin. 9% of the platform’s 34 million users, or between 200,000 and 400,000 writers, use it.

You should be aware of the following before continuing:

#1. Currently, less than 1% of the writers on the site make between $5,000 and $30,000 per month.

#2. Only 6% of authors earn more than $100 every month.

3. This is a long-term endeavor; many of the best authors only started earning that much money after toiling assiduously for a year or two.

 

#4. If you want to check it out first, you can also write on the site without having to pay a subscription fee (and you can also earn money from it.

 

What are the requirements for success on Medium?

I’ll keep this brief and to the point. If you browse around on Medium, there is a ton of advise on the matter, but I’ll spare you the time and effort and say:

Be patient; it will take you one to two years to make significant progress on Medium (e.g., 10,000 followers, $1,000 payouts, consistently 1000+ views each piece, etc.).

 

#1. You Must Prepare Your Posting Schedule

Schedule two Medium posts or stories per day, which could take you 20 to 60 minutes to create.

#2. A Every Detailed Article Must Be Made Once A While

Produce four to eight lengthy, meticulously researched, cited, and original pieces each month.

 

#3. Learn This Super Needful Tips To Boost Your Reach

  • Your stories must be properly tagged for…everything.
  • To give your algorithm an extra push, try looking up Top Writer tags.
  • Your friend while creating titles is SEO
  • Spread the word about your tales as widely as you can.

 

Conclusion: The disadvantage of blogging platforms is that writing and posting are only half the battle; the other half is self-promotion.

On this platform, there are probably over 300,000 other writers competing for the readers’ attention. That’s a significant number of story submissions each day, and in the modern era, authors must compete to gain space on websites like Medium.

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