avatarTim J. Schroeder

Summary

The author reports a significant increase in their Medium income for January 2024, more than doubling it to over $32, and sets ambitious goals for the following month while emphasizing the importance of consistent writing and improvement.

Abstract

In January 2024, the author published 30 stories on Medium, falling short of their daily writing goal due to publication delays rather than a lack of commitment. Despite this, they achieved a substantial income increase, reaching over 32, which is a significant improvement from their previous earnings. The author reflects on the enjoyment of writing compared to their former career in business process optimization and acknowledges the need to write more and submit earlier for future growth. With the aim of reaching 75 in February, the author plans to adhere to a simple strategy of writing consistently, engaging with the community, and continuously improving their craft. They emphasize that writing is a rewarding activity regardless of the quantity, timing, or subject matter, and advocate for the power of incremental daily improvements.

Opinions

  • The author values writing as a fulfilling activity, contrasting it with their past experience in ERP systems.
  • They believe in the power of consistent practice and incremental improvements, suggesting that even a small daily enhancement leads to significant growth over time.
  • The author sets high goals for themselves, aiming to more than double their income each month, indicating a strong sense of ambition and self-belief.
  • They emphasize the importance of engaging with the community by commenting on other writers' work and using feedback constructively to improve their writing.
  • The author views writing on Medium as a long-term investment, committing around 1.5 hours daily despite the initial low hourly rate, with the expectation that their efforts will yield greater returns in the future.

My January 2024 Medium Income — Report

With an increase of more than 200%

Photo by Travis Essinger on Unsplash

How are your New Year’s resolutions holding up?

One month of the new year is already gone. And it’s been a strong start for me. Not because of the New Year’s resolutions but because I kept doing the one thing I started in late November last year: writing.

Here’s where it brought me in January 2024.

My Full January 2024 Statistics

In January, I published 30 stories.

Meaning I haven’t achieved my goal every single day. Not because I’ve neglected writing but because I underestimated the time it takes publications to publish posts.

Lesson learned? Write more and submit earlier.

Author’s income

Besides, I more than doubled my income this month, reaching over $32.

That’s still a lousy hourly loan, BUT I’m gaining momentum. And it’s way more fun than optimizing business processes in an ERP system, where I came from initially.

$32 is a good start, and as you can see, I already paid off my Medium membership two months and a couple of days in. But that’s only the beginning. I want to go B I G in the next couple of months.

Let’s get some momentum.

What’s next?

I aim high.

Although I don’t have a rocket yet, I aim for the moon. Meaning this month, I strive for $75.

This would be another more than double right there.

How I’ll do it?

By following three simple steps:

  • writing
  • writing
  • writing

First, I write stories (obviously). Second, I write comments for people whose work I love. Third, I write some more to improve my writing.

I said it somewhere else, but writing is the best thing you can do.

How much? Doesn’t matter.

When? Doesn’t matter.

About what? Doesn’t matter.

Write, write more, and then write some more.

Then, do the most essential thing: hit publish.

Get feedback, use it to improve, and write again. Improve what you do daily. Why? Because even if you only improve 0.1% daily, you’ll have improved more than 30% after a year.

Tell me any stock that’s getting this kind of return.

That’s why I’ll invest about 1 1/2 hours daily on Medium. It’s still not the best hourly salary, but I’m getting there. And writing is about having fun, anyway.

Let’s have some fun, write.

Rome wasn’t built in a day. Your writing career won’t be either. Sit down, start writing, share your wins, and improve on your failures.

Then, write some more.

Medium Income Report
Writing
Write
Personal Growth
Earning Money Writing
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