How Thomas Smith Makes $5k/Month Writing on Medium
Sep 4, 2024
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Thomas Smith, a successful Medium writer, shares his journey from side hustle to a monthly income of $2k to $5k. He discusses how Medium's subscription model benefits creators and enhances client acquisition. The conversation highlights strategies for effective writing, community engagement, and the importance of authentic storytelling. Thomas reveals insights into the Boost program, which can significantly increase earnings, and emphasizes the value of personal narratives over SEO-driven content. His approach showcases Medium's potential as a business growth tool.
Medium provides a subscription-based platform where writers can generate income through quality articles, turning it into a significant side hustle.
Successful writing on Medium relies on engaging, personal, and valuable content that resonates with readers, diverging from standard SEO practices.
Engagement and interaction with readers foster a community that enhances visibility, while collaborations can lead to broader exposure and growth.
Deep dives
The Potential of Medium as a Side Hustle
Medium has emerged as a robust platform for writers looking to create impactful content and generate income. The subscription-based model allows writers to publish articles that are accessible to paid subscribers, incentivizing quality writing. Many users have found Medium not only as a viable side hustle but also as a means to build their personal brands and businesses. For instance, one writer notably made over $19,000 in a single month through the platform's partner program, demonstrating the financial potential it holds.
Building Connections and Opportunities
Writing on Medium can lead to valuable professional opportunities that extend beyond direct earnings. Contributors often land significant writing gigs and media appearances, such as features in notable publications like The New York Times and Wall Street Journal. These opportunities stem from the visibility gained through high-quality articles that resonate with readers and industry professionals. A writer shared that their best client approached them after reading a Medium article, showcasing how the platform can facilitate business growth.
The Structure and Approach to Writing on Medium
Successful articles on Medium must be engaging, personal, and useful to the audience, diverging from typical SEO practices. Writers are encouraged to use their unique voices and experiences to create relatable content that appeals to readers who seek knowledge and self-improvement. The platform's audience prefers in-depth, meaningful articles, often appreciating longer reads that provide genuine value. Developing a strong headline and a captivating introduction is crucial to capturing readers' attention and enticing them to engage with the entire article.
Monetization Strategies Beyond the Partner Program
In addition to the Medium Partner Program, writers have several monetization strategies available to them, including affiliate marketing and lead generation. Integrating affiliate links within helpful articles can yield substantial commissions, particularly when the content is worth reading and not overly promotional. Furthermore, Medium can serve as a powerful tool for establishing thought leadership, allowing writers to attract attention from prospective clients and like-minded professionals. Many have successfully leveraged Medium to build their own consulting businesses, showcasing its versatility as a platform.
Engagement and Community Building on Medium
Engagement with readers is vital for success on Medium, as it fosters a community surrounding a writer's work. Writers are encouraged to respond to comments and interact with their audience, enhancing the connection and increasing the likelihood of followers. The platform also emphasizes the importance of collaborations with other writers and submitting articles to popular publications within Medium for wider exposure. Building a following and establishing relationships on Medium can significantly amplify a writer's presence and improve their opportunities for recognition and growth.
When Thomas Smith started publishing articles on Medium back in 2019, it was just a side hustle.
Over the years, however, he’s been able to develop a strategy to succeed on the platform, and today Medium is extremely valuable for him, providing a large part of his monthly income as well as countless business opportunities.
Although he did peak at $17k in a single month, his recent earnings are in the $2k to $5k neighborhood and has had several 5-figure months.
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