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Tag: medium

Medium Paid Me $0.40

And I’m thrilled.

Medium sent me a handy email and text that they deposited money in my account. Yeah! They paid me $0.40. Boo!

I actually feel pretty good about it.

Why?

you might be saying

I am playing the long game. All of us are. When I speak of “us” I am talking about writers. I am a writer. There’s a bunch of us here on Medium. This is my platform of choice. I subscribe to their content for a whopping $5 a month.

Ok, so back to being thrilled about 40 cents?!

My biggest article earned all of those whopping $0.40 and got 210 views. It was posted on January 24th. So it’s only been up for a few days. Interesting, it’s already earned $0.33 this month, and it’s only six days into February.

Read the article…
My Son was Killed by his Mother

In that same span, I have gone from zero to 85 followers. It’s not thousands, but it’s a 850% increase. I’ll take it!

That gets to the heart of why I am thrilled. I can look back at the start and see the rate of improvement. The month before, I received $0.22 from Medium. That means that my earnings have almost doubled. It’s an increase of 82%!

What’s more, this is a passive income source. I put in the time to write my articles, and they will keep earning until the end of time. It isn’t much right now, but the snowball is building…

Of course, this isn’t truly passive. Content grows stale over time. In 2021, people will likely dismiss the article as “last year’s news.” That stings because the article describes my experience with the murder of my son. But, what are you gonna do? I try to keep my content current.

The Power of the Snowball

Maybe some of my other articles will start to get traction. That would be cool. So far I’ve gotten mostly zero reads. There’s some freedom in that. I can write whatever the heck I want and not think about anybody else.

Yeah, let’s look on the bright side.

If I make $0.80 next month then I’ll be even better. That will be “proof” to me that this Medium thing might work. If it doubles each month, in a few short months it will equal real money!

Remember the lesson about compound interest. Would you rather have $1 million dollars, or a penny that doubles every day one year? The answer, of course, is the penny. The greater lesson is patience. It is only on day 28 that the doubling-penny beats the million dollars. From there, the results are staggering. At the end, the doubling-penny is $10,000,000!

The person in our magical example had to have some serious patience. For 27 days, he or she had a raw deal. Only the wise would have held firm.

M. W. McCabe’s screenshot of a spreadsheet, because he’s a huge nerd

I’m a nerd. I like my spreadsheets. I just ran a theoretical “hopeful earnings” sheet. I assumed (hopefully) that my earning will double each month. It is decent for year one, but crazy cool in year two. I don’t want to jinx anything by actually giving the number, but it’s more money than I’ve ever seen in one place. Ever.

Expect one of these here earning reports each month for the foreseeable future.

February target: $0.88!

Matt McCabe
February 6, 2020


Matt writes on a variety of topics on Medium and his own blog. He writes about Weight Loss, Movies, Travel, Writing, Serial Fiction, Grief/Trauma, Science Fiction, Fantasy, Productivity, and Life Hacks. He is a christian on The Way. He can be found on his blog: mwmccabe.com

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On Writing

I have loved telling stories my entire life. I am good telling stories.

I am a writer.

My father’s words echoed in my head for many, many years.

You will never make any money as a writer.

—my father.

I should be fair. He said “artist,” but writing is my art. I discarded that a long time ago as “not a real career.” I ran away from myself for many years, but I always came back to the same conclusion. I am a writer. That’s how God made me.

So now the next question is, “How do I make money as a writer?”

As far as I can tell, that has to be a side-gig for a very long time. You have to be willing to make no money for a long time so you can make a lot of money later on. That’s true of a lot of things. Do what you love. Get really good at it. Then you will make money.

I’ve seen a lot of different advice:

  • Practice for 10,000 hours
  • Write 100 articles
  • Write 1,000 words

It seems like they are all saying the same thing. Write a lot. You’ll get better.

From what I’ve seen so far, that’s really true.

I self-published a book on Amazon. I envisioned it being a runaway smash. I would make oodles of money. I would be invited to speak at writer’s conferences.

How many copies did I sell. About 10.

How many reviews did I get. Two. One was from a friend. The other was just one word—Meh.

Ouch.

In anger, I calculated how much money I would have made working at Taco Bell for minimum wage. I felt worse.

But you know what? I wrote a book!

How many of you have written a book?

I look back at the prose. It’s really not good. I’m going back to release Book Two. If that catches on, I will re-write Book One. If not, I will write Book Three before re-writing Book One. I’m not hoping that Book Two will be a runaway success. I’m not making that mistake again.

I’m not writing for you anymore. I’m writing for me.

I was in the hospital for three months. I thought I would die. I did die once, in fact. My heart stopped and I had to be revived. This is my second chance. What am I going to do about it? Am I going to think about the trilogy that was always on my mind that I didn’t publish?

That was one of my regrets in that hospital bed.

I have had this idea for a trilogy of books since high school. That was like 30 years ago! Talk about procrastination.

So, my writing goals: One article per day. One chapter of my book each week.

Will I hit 10,000 hours of practice? Eventually.

Will I publish 100 articles on Medium? Eventually.

Will I write 1,000,000 words. Eventually.

Will I make any money? I do not care.

I am a writer. Writers write.


This is article #12 of 100… or so. I have written 12,820 words of 1,000,000. I have 987,180 words to go (I love spreadsheets). How many hours. Sheeze… you can’t track everything, yo. Get a life!

–Dude, seriously!

Click here to join Matt’s Writing Journey.