Hey everybody, so on today's video I want to talk about Medium.com
The best description that I can give to anybody who is not familiar with Medium.com is that
it is basically like YouTube for anybody who likes to write stories, blogs or articles
Anybody can write on Medium.com about any topic under the sun and you can actually get
paid first once you are part of their partner program. It's been something that I have been keeping an eye on over the last few months and doing
a bit of research and from what I have seen a lot of people have been making some pretty
decent side income from it and a lot of people have even made a full time job of writing
on Medium. So I decided I would try it out myself and see what it is really like
In this video I will show you how you can get started, what you need to do to get into
the partner program and how much I actually earned in my first month of writing on Medium
So if that sounds interesting to you then stick around. It's very easy to get started and get writing on Medium and their platform is really really
easy to use. In terms of writing stories at the click of a button you can embed photos or tweets or
any other links in your stories. But before you can start earning money on Medium you will need to be part of their partner
program as I mentioned. To be eligible to join the partner program all you need to do is have 100 followers on
Medium and have posted at least one story. 100 followers may seem a bit daunting like on other platforms like Twitter and Instagram
it might take you a while to get to 100 followers but on Medium it's actually pretty easy
I literally just followed about 200 people and 100 of them followed me back so that was
enough to get me over the line. Once you are then in the partner program how do you actually make some money
Partner program writers are paid every month based on the amount of engagements that they
get with the members of Medium.com. Basically the longer the time people are reading your stories the more you are going to earn
Readers pay a monthly subscription fee of $5 a month to access all of the content on
Medium and that is where your money is going to come from. So if that reader reads 10 stories in a month and they spend an average of 2 minutes reading
each story and one of those stories happens to be yours then you will get 1 tenth of their
membership fee. It won't be exactly that because Medium obviously takes a small cost as well
You also have another option to earn a few quid through Medium's referral program
For every reader that you convert into being a paying Medium member you are entitled to
half of their membership fee. Let's have a look at this now in a little bit of detail because it's actually quite good
So Medium members have a choice. They can either pay an annual fee of $50 or pay monthly at $5
So Medium then takes some of their own costs from payment processing fees and you are left
then with say $48.25 in the annual subscription and $4.55 in the monthly one
And then you can keep 50% of that. I think this is brilliant because when you get someone signing up for Medium they're
probably going to stay as a member for a few years on it and every month you are going
to get that money. So for somebody who signs on the annual subscription you're going to get paid $2.01 for each month
that they are a member and for somebody who goes with the monthly membership then they were going to earn $2.27 every month
So they have an example here. If you referred over 100 members then you're going to get $200 a month in that case
So that is pretty nice money if you can get some people signed up to Medium.com
Okay so that's all well and good writing a few stories to try and earn a bit of money
but how are people going to actually find your stories and read them in the first place
Well one option is to submit your stories to publications on Medium
Publications are basically just groupings of different stories on a similar theme
So there will be lots of publications on different topics such as like crypto, side
hustles, gardening or cooking for example. When you go on to most of these publications they will have a little section there on how
you can apply to be a writer for that publication and they will also have some guidelines on
what kind of articles they want and what style they want. If you can get your stories in among these publications it will definitely increase your views
That is all you really need to get yourself up and running. So now I'm just going to talk about some of my own experience in the first month of being
an actual member of their partner program. So I started writing on Medium in September
I wrote just two different stories just to have some examples of work to apply to different publications
I am no literary genius, I got a D in my secondary school final exams
My brain is definitely built more for math but surprisingly I actually found it quite
easy to bang out a few stories on Medium. It makes it much easier that you can actually just write about something that you are interested in
And to start off I didn't really go over like five or six tons of words so I could bang out a story in about 45 minutes which didn't take up too much time
It took me until the middle of October till I had 100 followers and also to get properly
set up with the partner program. But since then I have been earning a little bit of money from people reading my Medium stories
I'll show you some of my stats here now for the last month. So here are my stats for the last 30 days
So I've had 2,614 views and that was about 711 reads and 22 fans
I think that's just when somebody clapped for your story. So as you can see here, even though I've only been on it a short space of time, you can
immediately see the compounding effect of me just posting an article every week on Medium
And it slowly has started to build and you can see that the trend is already going up in such a short space of time to where I'm getting like nearly 60 to 90 reads a day
So that's pretty good. I'm pretty happy with that and I haven't really put much effort into it
So more importantly now let's have a look and see how much that translated into dollars and
So as I said, it was late in October that I first actually joined the Partner Program
So I didn't really earn much at all. I only earned a few dollars in total so far
But as you can see here, it is definitely growing. So in the last, say, two weeks of October, I just earned $2.11
Some of you might laugh at that, but I'm quite happy with that for starting off
And then in November so far, so it is the 12th of November as I am recording this
And so far this month then it has grown to $6.65. Obviously that might not be much to most people, but I kind of look at it in the context of
YouTube as well. So I have to work for six months on YouTube and posting videos every week before I earn
my first euro on YouTube. But I'm already after earning a good $8 or $9 there so far on Medium and I've only been
on it a month. And I know if I keep on posting, hopefully I will eventually post a bit more on it, that
will continuously grow and could end up being, say, $100 or $200 a month for me, which I
will be quite happy to get as some side income. So in summary, I have a really positive opinion about Medium and I think it really has a lot
of potential for anybody who has some time to post a few articles on it every week
I kind of wish I had more time at the moment to maybe do two or three a week, but I'm just
sticking to one a week at the moment just because I have a lot going on with YouTube
and work and everything else. But I think if you even had a little bit of talent and were posting consistently, you
would see the compounding effect of your stories and your views and your reads
I can definitely see somebody getting up to a few hundred dollars a month in a quick space
of time. And Medium works the exact same as YouTube in that some of your stories that you have
written months ago can still get views today and that will consistently build up and add
up the more and more stories that you are posting to Medium. So even though you may see little earnings from it in the first few months, in the long
run it will definitely pay off. So that's pretty much it for my video today. I hope you found it somewhere interesting
Have any of you actually started writing on Medium before or what your experiences are
Has anybody made a fortune on it? Let me know in the comments. I will talk to you guys again soon and for anybody new here, please make sure to subscribe