Writing

Here’s Why ‘Get Rich on Medium’ is a One-Way Ticket to Disappointment (and Maybe Therapy)

Read this before you buy a Medium course to quit your job and get rich on Medium.

The dream of becoming a writer, chilling in your PJs while making money is pretty darn tempting.

And this platform we’re on can seem like the golden ticket. But getting rich here is, well, not exactly likely.

This platform can be a great tool for sharing your work, connecting with readers, and even earning some cash. We need to be realistic about the sustainability of it all though.

The CEO himself said it too – even if you do make some money, it’s probably not going to be a steady stream. And it could vanish quicker than you know.

So, why are some writers out there selling courses, painting a picture of financial freedom on this platform?

Well, let’s just say they might be neglecting a few key points.

The Exception, Not the Rule

These writers are likely the exception, not the rule. They’ve likely built a significant audience and expertise outside this platform, which fuels their success. They’re not just relying on Medium.

Selling the Dream (and the Course)

Let’s be honest, selling courses is a business in itself. And sometimes, that business involves painting a rosier picture than reality to attract customers. It’s not necessarily malicious, but it is important to be skeptical.

This doesn’t mean that you should abandon your writing dreams altogether. But if you’re thinking this platform is the one-stop shop to early retirement, it’s time for a reality check.

Here’s the real deal:

Focus on Building Your Brand

Don’t just write here – build your own brand or website, engage with readers on social media and explore other platforms. This way, you’re not reliant on a single platform’s whims.

Diversify Your Income Streams

Writing can be a rewarding career, but it rarely pays the bills on its own. Look at freelance writing, editing, or even teaching to create a more stable financial foundation.

Value Quality Over Quantity

Don’t churn out content just to hit publish. Focus on creating high-quality pieces that resonate with your audience. This will attract more engaged readers, which can lead to more opportunities.

Final Thoughts

Please don’t let the allure of quick riches cloud your judgment. And hey, if you do end up making it big here, more power to you!

Just remember, most of us mere mortals need a plan B (and maybe a C and D) to be successful in the online writing world.

Keep creating, but keep it real. And above all, take care of your mental health. The writing world can be tough, so make sure you’re prioritizing your well-being in the process.