Summary

The author shares their experience of generating passive income through writing on Medium, emphasizing that even with reduced writing output due to college commitments, they still earned significantly from previously published articles.

Abstract

The article titled "How I Make Passive Income Writing On Medium" is a personal account of the author's journey in earning money through their writing on the platform. Despite the time constraints of the Spring semester, the author reveals that their earnings for the month were predominantly from articles written in the previous two months, highlighting the power of passive income. The author made $13 in the month, with only$ 3 coming from recent work, underscoring the concept that content can continue to generate revenue over time. The author reflects on the unpredictability of which articles will perform well, stressing the importance of creativity and innovation in writing. They suggest that writing evergreen content that remains relevant regardless of time is key to sustained earnings. The author plans to reinvest their passive income into penny stocks, aiming for a substantial return, and treats themselves to small luxuries like a Starbucks coffee.

Opinions

The author believes that passive income doesn't have to start big; it can grow over time.
They express that some articles may not perform well initially but can gain traction and earnings later.
The author values creativity and the ability to innovate when writing, suggesting that recycling past successful themes may not always yield the same results.
They emphasize the importance of writing content that has longevity and can be monetized over an extended period.
The author views writing on Medium as an investment, where the work put in initially can lead to dividends in the form of earnings from articles.
They reveal a strategy of reinvesting passive income earnings into other potential income streams, like stocks.
The author implies that even small amounts of passive income can be satisfying and contribute to a desired lifestyle, such as enjoying a coffee from Starbucks.

How I Make Passive Income Writing On Medium

If I was able to do it, so can you.

At times, I wish that I was in a pool swimming with a bunch of Benjamin’s as I sip a Pina Colada. Letting the breeze of the ocean hair re-adjust my wet hair as I admire the beautiful essence of being alive. But to enjoy that lifestyle, do you have to receive transactions in Yens or Euros?

A lot of people think that passive income has to be something huge. I mean, who even starts from the top? I thought, you know… we all have to climb the mountain.

This month, there has been a lot of changes to the ways that I write. The Spring semester began, which means that my college classes are sucking me in like a whale and yes, I am stressed.

But, something happened.

I wrote less and made more. A lot of my earnings so far in this month has been from stories that I had published through December and January. If I were to count on the earnings of the articles written in February, I would not be able to afford not even one succulent.

The Month of February

So far this month, I have made $13. Of those $13, only $3 came from stories written in February.

What exactly does this mean?

This means that $10 came from passive income, basically, from doing absolutely nothing. As I say, sometimes stories have to marinate. There are times when you write an article and it earns a few cents but a month later it can earn $5.

I think you get the point.

So far, I have written just over 40 stories in 1 month and a half. Writing on Medium is like investing: you place a deposit (your work) and wait for the dividends to flow in.

What I Have Learned

This section right here can be an article itself, honestly. In these 2 months of writing on Medium, I have learned that stories or themes that did well in the past month, won’t do as well in the next.

I have tried to recreate the same ideas and themes but they just do not catch momentum.

As a writer, you have to be creative and innovate. As you write, you have to have this idea in mind:

Will this be used a few months from now?

You want to write articles that will do well throughout the year, articles that can apply to anyone and any situation. I firmly believe that I can accredit my earnings to that.

Final Thoughts

Passive income does not have to be huge but we can make it huge. For those $10 that I am earning, I will invest it in some penny stocks and hope that I get a 200% return on my money.

Maybe, I can treat myself to that Starbucks?

I want a Pumpkin Spice Latte, please. Oh, add a ham and cheese croissant to that.