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Making Real Money on Medium: The Unvarnished Truth

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Chapter 1: The Myth of Quick Wealth

I confess, I fell for it too. Amidst a plethora of articles promising a swift path to riches, one recurring theme emerged.

A deception.

It should have been clear that some random individual on Medium wasn't truly making Seinfeld-level income in just three months.

Let’s be honest:

Fast money doesn’t exist.

Easy money is a myth.

If someone claims you can earn $11,550 a month just by reading their article or purchasing their online course, they’re misleading you.

The reality is that they want to profit from you.

In essence —

YOU are the commodity in their get-rich-quick narrative.

The truth is stark.

Most writers on Medium earn between $0 and $10 monthly.

Not quite the $17,755 monthly income they promised, right? It’s disheartening, I know. I apologize for being the bearer of bad news.

Sadly, this kind of misleading content has become rampant online, fostering unrealistic expectations.

I’m not suggesting you can’t earn a decent income on Medium or any platform, but it will not be quick, nor will it be effortless.

You can’t escape the equation of time and effort.

There’s a vital principle to grasp when it comes to making money on Medium:

To succeed, you must produce a substantial number of articles consistently.

Why, you ask?

Consider Newton's Third Law of Motion:

“For every action, there is an equal and opposite reaction.”

In simpler terms, you cannot create momentum without expending energy.

Action leads to reaction.

Think of it this way —

If you want to excel at biking, what must you do?

You need to practice riding.

Sure, you could read a few excellent books on the subject, but without physical practice, the knowledge is ineffective.

Here’s my take —

It’s perfectly fine to practice more and read less.

"I guess it took ten years for me to be an overnight success." — Big Sean

When you do read, prioritize high-quality material over mediocre content. Study the leaders in your industry.

For instance, if I wanted to delve into remote work, I would focus on Tim Ferriss instead of the latest article titled "How I Made $4,389 Last Month on Medium."

I can assure you that will likely be subpar.

Once again —

Learn from the experts.

Don’t just skim their books; analyze the steps they took to achieve their success.

Remember to invest your time.

Put in the effort.

Pursue your aspirations.

Section 1.1: The Reality of Earnings on Medium

The notion that anyone can easily make a fortune on Medium is misleading. While some writers do achieve success, it typically requires dedication, persistence, and a considerable output of content.

Subsection 1.1.1: Understanding the Commitment

Writer's Journey to Success on Medium

Section 1.2: The Importance of Quality

In your journey, focus on producing quality content rather than just quantity. Engaging articles resonate more with readers and can lead to better monetization.

Chapter 2: Strategies for Success

This first video discusses whether Medium is still a viable platform for earning money in 2023. It explores the potential for beginners to generate income through writing.

The second video provides insights on how to earn $1,000 per month by writing articles on Medium, especially for part-time writers.