Unlocking Passive Income: My Surprising Earnings Revealed
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Chapter 1: A Look at My Earnings
Before you unleash your critiques regarding my earnings, allow me to explain my perspective. I am aware that many articles on Medium advise against showcasing income, yet I believe there is value in transparency. So, please bear with me; if you still disagree after reading, feel free to voice your thoughts.
This article is divided into two main topics: 1. What’s happening with my earnings? 2. Why do I choose to disclose my earnings?
Let’s dive in.
Section 1.1: Understanding My Earnings
While I should be grateful—and I am—there's something peculiar about my earnings related to this article and others I've written. Let’s examine my daily views, reading duration, and earnings.
I've heard stories of long-time Medium users who struggle to earn even $10 a month. Meanwhile, I find myself earning between $10 to $15 from just 32 to 187 views and under an hour of total reading time daily. What could explain this anomaly?
Initially, I speculated that my articles were appealing to readers who don’t frequently engage with Medium, thus allowing me to capture a larger share of their subscription fees. However, I've realized that this phenomenon only applies to a handful of my over 140 articles.
Now, I question the likelihood that those who read only a few articles consistently choose to read my specific pieces. My intuition suggests that the odds of this happening daily are exceedingly slim.
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Section 1.2: The Long-Term Value of Viral Articles
My second hypothesis, albeit unproven, is that articles which gain viral traction may retain higher long-term earnings. The two to three articles generating significant revenue seem to be my most popular pieces. Could it be that if an article achieves viral status, the associated reading time becomes more valuable over time?
If this theory doesn't hold, what could be the alternative explanation? Is it possible to create content that garners fewer views yet still generates substantial income? I welcome your insights and experiences on this topic.
Chapter 2: The Rationale Behind Sharing Earnings
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I frequently publish articles detailing my earnings, despite knowing it's not always well-received. I understand the various counterarguments, yet one criticism stands out as illogical: “You wouldn’t disclose your salary from a conventional job, so why do it here?”
While I appreciate the sentiment, revealing earnings from a job usually involves a stable income, unlike the unpredictable nature of Medium earnings. Sharing my earnings serves two purposes:
- To demonstrate legitimacy: I was once skeptical about the income potential on Medium, and seeing others' earnings motivated me to pursue it further.
- To inspire and motivate others: Just as I found encouragement in earnings reports, I hope to inspire others to see the opportunities available.
Ultimately, if you are not interested in reading about others’ earnings, feel free to skip it. Engaging negatively only boosts that person's visibility. If you dislike such articles, the best response is simply to ignore them.
Thank you for taking the time to read my insights. Would you like to support my work?