Turning the Tide: My Journey to Profit on Medium in 2024
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Chapter 1: A New Beginning
2024 marks the year I finally achieve profitability on Medium. After spending 32 months on the platform, I am optimistic that this will be the year I turn my efforts into actual earnings.
Reflecting on past experiences, my journey has not been particularly lucrative; my Medium blog currently struggles to make even $1 per month, falling short of the $150 needed to cover my initial investment. Honestly, when I first joined Medium, my goal wasn't to earn money. However, I've reached a point where I think, why not take a chance? This could serve as a valuable opportunity to enhance my writing skills and improve my grammar and spelling.
Consistency is Key
The first major challenge I face is maintaining consistency. A glance back over the past 32 months shows a lack of regularity; days turned into weeks, and weeks into months without new content from me. This year, I'm determined to write one article every week. Here’s a brief outline of what to expect:
- First Sunday of the Month: An article discussing the earnings from the previous month on Medium.
- Second Sunday of the Month: A piece offering insights into website design, covering topics like hosting and digital marketing.
- Third Sunday of the Month: A book review of something I've recently read.
- Final Saturday of the Month: An update on my progress towards raising $150 over the year on Medium.
I anticipate adding more posts as I go along.
Why This Challenge?
I've been inspired by numerous blog posts from others who have set challenges on Medium. These challenges often focus on achieving specific financial goals or addressing debts. My motivation is straightforward:
- To refine my writing style and enhance my grammar and spelling skills.
- To develop a more consistent writing habit, which I hope will positively influence other aspects of my life.
A Strategic Approach
How do I plan to earn $150 in a single year? Here are my strategies:
- Adhering to the posting schedule outlined above.
- Engaging with others by commenting on and sharing my insights on their articles, thus providing value back to the community.
- Currently, I’m refraining from sharing on social media, which is a topic for another discussion, so I’ll focus on driving traffic to my blog consistently.
- Writing for other publications—especially in the website design field—where I plan to contribute articles.
This is my current strategy for tackling this challenge. If you’ve embarked on a similar journey, I’d love to hear about your approach and how it’s progressing.
This video titled "How Much Money You Can Make Writing on Medium in 2024" explores the potential earnings for writers on the platform, shedding light on realistic financial outcomes.
Chapter 2: Is It Worth It?
In this video, "Is writing on Medium worth it in 2024? (REALISTIC earnings)," viewers examine the viability of writing on Medium, considering both pros and cons, to determine if it's a worthwhile endeavor.