avatarRichard Armstrong

Summary

An elderly retired man shares his journey of transitioning from earning minimal income to $300 a month by writing on Medium, emphasizing the importance of finding one's niche, being patient, and producing consistent content.

Abstract

The author, a 79-year-old retiree, began writing on Medium in March 2018, initially drawn by the potential to earn money. He became a paid member for 50 a year and discovered several benefits, including access to a wide range of stories for less than 5 a month and the identification of his writing niches. His early articles earned him modest "coffee money," but through practice, patience, and consistent production, he increased his earnings significantly. The article outlines his earnings progression, the discovery of his writing niche, the importance of publishing in relevant Medium publications, and the value of a positive outlook in his stories. He encourages others to share their experiences and insights, suggesting that everyone has unique life experiences to contribute. The author also promotes his newsletter, "The Rich List," and invites readers to join Medium through his referral link, offering a glimpse into the potential financial benefits of writing on the platform.

Opinions

  • The author values the personal growth and community engagement experienced through writing on Medium as much as the financial rewards.
  • He believes that writing regularly and finding one's niche are crucial to success on Medium.
  • The author emphasizes the importance of patience in the writing process, likening the development of writing skills to the aging of fine wine.
  • He suggests that writing for Medium publications that align with one's niche can enhance one's chances of success.
  • The author advocates for a positive spin in storytelling, aiming to inspire readers and provide them with tools to improve their day.
  • He acknowledges the influence of other writers, such as Scot Butwell, who inspired him to reach higher income goals on Medium.
  • The author encourages readers to become Medium members, highlighting the value of unlimited access to stories and the ability to support writers directly.

The high priced coffee is what we’re after

In Five Months, I went from Coffee Money to $300 a Month on Medium

If a seventy-nine year old can do it, you can too

Photo by Gary Barnes from Pexels

I’m an old retired guy. I love writing what I’m thinking. Sometimes I don’t give enough thought to what I type. And, that’s okay. Writing what’s on your mind is one thing; publishing it to the world is quite another.

I began writing on Medium way back in March 2018. In computerese, it’s ancient times. I became a member right away since I thought there was chance of making some money. So I paid the fifty dollars a year membership fee. Boy, I’m happy I did.

It’s not all about the money

I found two, no three, important by-products of being a paid member.

  1. I could read as many stories as I wanted to read for less than $5 a month. My local Newspaper costs me almost $5 a week, and the only thing worth my reading is the Obits. Yes, I know that’s morbid, but I want to make sure my name’s not listed.
  2. After reading hundreds of Medium stories, I found my niche most suited to write about. Okay, two niches. Look at it this way, for less than $5 a month, I discovered my interest in writing. People pay thousands of dollars to learn this; I did it for fifty bucks. You can too, but I agree it will take time. You decide you want to spend the money or the time. I’m retired. I have more time than money.
  3. As a paid member, I get paid. Okay, not so much, Here’s how it works. The first hundred or so articles I published was coffee money. Not Starbucks, but gas-station coffee shop money.

Bonus; I built friends who like what I write, and I very much like the stories they write. Someone said you build a tribe. Not sure I want the tribe thing, but I get the idea, and it’s a good one.

Let’s get to the money part

The money part is all about the three “P’s.”

  • Practice
  • Patience
  • Production

You can read more on my take on using the three “P’s” here.

But, I’ll say this; Medium is not a quick get rich shop. First, I thought I was good, found out my writing was awful. I wanted success now. To write takes time like fine wine. Then I found I had to write, not read about writing, shortly writing every day became my habit.

Here is a list of my Strip payouts over the last five months of 2021.

Three things I discovered on my way to the $300 mark

  1. You must find your niche to write in. I’m old at seventy-nine and retired for eight years. So, I know from experience the changes we face as older people. Retirement issues are on my mind, so I have a wealth of material to draw on. You have life experiences to write about. Let us hear about what you’re going through and how you are managing. I want to read it because I need help. You may have the answer I need.

2. Find the publications on Medium where your niche will thrive. These will be the primary spots you’ll publish in. But don’t limit yourself to these. You have other interests beyond your niche, so look for other Pubs to put your stories.

3. Shoot for a positive spin on your stories. The facts are most of the news is negative. So, inspire people. Give people the insight and tools to make their day better. Most mornings, I ask my wife, “what can I do to make your day better?” Think about making your readers’ day better when you write.

I’m giving a shout-out to Scot Butwell. I read his story on reaching the $100 club on Medium. I thought sharing my story to inspire others to reach for the higher-priced coffee. Why not? I’m making some extra money on Medium and you can too.

I publish The Rich List twice a month, you can receive it directly to your inbox here. It’s free and you can cancel at any time.

If you enjoyed reading stories like this, why not become a Medium member for just $5 a month. Your membership will give you unlimited access to all the stories on Medium. If you sign up using the link below, I’ll earn a small commission at no extra cost to you.

Self Improvement
Inspiration
Motivation
Choices
Money
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