My First >$100 Month on Medium
I first became inspired to write this post because of a story I read by Kristi Keller about the same topic.
Kristi’s story talked humbly about the true and wonderful achievement of reaching a pre-imagined goal in royalty earnings.
She reached an impressive figure when the story of her divorce reached $100 in lifetime earnings, a truly amazing achievement. The best part of Kristi’s story is that this number is only the beginning, because as long as there’s a Medium; there’s a place where her story is alive and earning.
Everyone who writes on this platform is dreaming of royalty earnings. The word “royalties” can keep a writer awake at night, legs-a-squirming and mind-a-racing. Royalties represent the path to true freedom, a future where the public is our boss rather than some grumpy person.
The thought of earning money as you sleep is the elusive dream, so why shouldn’t we talk about it? The love of royalties is one of the very few things we all truly have in common.
When can it happen to me?
It took me more than 4 months of on-again off-again tomfoolery on this platform to finally make it into the “$100 club.” (Making $100 in a single month earns you a position in the club, along with a swanky jacket. Jacket sold separately).
Even though I’d finally made it into the club during the month of December, I made it with the knowledge that I only made it because of one article.
Here are the stats for this article, along with the second highest earner for context -
One Hit Wonder
The above article alone earned me almost all my royalties for the month. For some reason it just took off and was read by literally thousands of people (instead of the usual 12).
There are probably “experts” around every corner that can quantify and explain what happened, but like the share market, I believe the science of interest spikes are somewhat unknowable.
“Why invest your money in something because a broker told you to? If the broker had a clue, he/she wouldn’t be a broker, they would be on a beach somewhere.” – Mark Cuban.
I found that quote in an article right here on Medium
We can track the index, but it’s not a lot more than luck if we buy the shares of a company that then rockets to the moon.
I believe it’s the same with writing. No matter how many courses you take or books you read, you never really know which articles are going to be the vehicles that make all your money.
I have dozens of books on Amazon under various pen names, but only a couple of them have ever made more than a few bucks.
I truly believe that despite all of the advice out there, all we can really do is simply continue to write. If you’re writing often enough, and broadly enough; eventually you’re going to cover exactly what the public wants during the moment that they want it.
The mistake writers make is stopping, especially if they’re stopping to take a course or “figure themselves out.”
Why not figure yourself out while writing about it? Maybe the story that covers your personal breakthrough will also be your financial breakthrough.
I believe that my article had a great month because it happened to cover a topic that was hot for that moment. I didn’t plan it, I just wanted to make some apple cider vinegar and write about my experience. I’ve actually written several stories that were the result of research, and they’ve flopped as miserably as 95% of everything else I’ve ever written. The real earners are ones I never would have seen coming.
So maybe most of what you write is ignored, but it only takes one shouting idiot to start an avalanche.. So keep writing for god sake.