Continuing on a recent theme of looking at Medium through an economic lens, what types of high quality writing does Medium’s payment system support?
Well, there’s been a bit of a backlash by journalists who were occasionally being paid $1 per word or more and think of that rate as a respectable rate for professional writers. Backlash is maybe too strong, let’s just say disappointment that Medium’s economics do not currently support this rate. Eyeballing my own work, I think well-crafted pieces that are chosen for distribution across Medium can expect around $0.10 per word. …
I don’t mean write the book on Medium. I mean write with an eye toward a book. That means test out ideas, share stories, research. But when you write here it still has to work as an article.
Here are some examples from my own writing.
As an author, I’m best known for this iPhone article with 2M views. It’s nearly as long as a book and triggered an editor from a major publishing house to reach out to me about turning it into a book.
That’s basically the best sound bite that I gave when Sinem Günel interviewed me about how writers can succeed here on the platform. She runs a fantastic coaching group for Medium writers and I’m a big fan.
Here’s a longer version of my quote:
There’s this completely bogus media narrative that Medium pivots. And I feel like I’m the only person on the planet that thinks that Medium is completely and utterly predictable.
They made one pivot, three years ago, towards a subscription business. Literally everything they’ve done since then has been predictable.
Now that they have a subscription business…
Paraphrased from Crossing the Chasm (one of the all time great marketing books):
A market is a group of people who both:[A] have similar needs.
[B] talk to each other.
Most people forget [B]. I don’t forget it, I just can’t stand to commit to it.
Among the products that I’m involved in, a positioning that works is the Coach.me services we offer to coaches. “We help coaches build their coaching business.”
It’s a clear goal and it targets a group of people who do talk to each other, coaches.
Similarly, nailing the “talk to each other” part, our…
David Allen’s influential productivity book, Getting Things Done, i.e. GTD, advances the concept of writing your to-do lists as Next Actions. You can do even better than that, though, and if you do, you’ll practically obliterate procrastination.
I won’t come close to doing the GTD book justice, but the general gist of the Next Action concept is that how you write an item on your to-do list matters.
If you write something vague, like “change car tires,” you will invite your future self to procrastinate.
The way procrastination works is that later in your day, you’ll come to the “change…
When I’m feeling restless late at night, I turn to simple projects. Normally that ends up not being Coach.me work because if I had something simple to do there I would have already done it.
And so, one recent evening, I browsed through my unused domain names and made the connection that many of them would make entertaining Medium publications. And, being late at night, the critical thinking skills that would normally protect my wallet were depleted.
That’s how I ended up on Upwork, hiring freelancers to staff the following publications.
and ratemyfighting.com (🤔🤔🤔 A much…