Chapter 1: My First Earnings

In my initial month as a contributor to MPP, I gained three invaluable insights while earning a grand total of $0.30. While this may not seem significant, it's a crucial milestone on my journey. The opportunity arose as MPP expanded into 77 new countries, allowing me to join the ranks of other writers.

Before this, I had never made any money from my writing; it was merely a hobby without serious commitment. Although $0.30 may be a trivial amount for many, it symbolizes an opportunity that I had not previously encountered. I vividly recall the thrill of seeing my very first earnings—around $0.04, if memory serves me right!

Initially, my writing efforts yielded no financial return, and my articles went unread. That changed when I was unexpectedly welcomed by the wonderful team at InsiderFinance Wire, who published my work and helped me earn my first few cents. I am incredibly thankful for their support; this first break meant the world to me. 😊

Writing for a publication is a game-changer. It significantly increases your visibility compared to self-publishing. Just like the difference between self-publishing and traditional publishing, having your work featured by established platforms can lead to a broader audience. They already boast thousands of followers eager to engage with new content, making it easier for newcomers like myself.

Patience is key. After my first story generated a small income, I anticipated similar results for my subsequent pieces. While they did earn some money, it took longer than I expected. I initially assumed that Medium's algorithm operated similarly to that of social media platforms like Instagram and Twitter, where new content is promoted for a limited time before fading into obscurity. However, I soon discovered that Medium functions differently. When publications share your work, their audience might not see it immediately; it can take a few days for readers to engage. So, don't be discouraged if your story doesn't earn right away—previously published articles can still generate revenue later on.

Stay true to yourself. Just because InsiderFinance Wire published some of my content and I earned some money, doesn’t mean I only write for them. Medium allows for diverse voices across various publications. For instance, I focus on wealth-building topics for InsiderFinance Wire, while I also enjoy writing about spirituality and entrepreneurship. I’m aiming to contribute to 'Ta'ist Online' for spirituality and 'Start It Up' for entrepreneurship, in addition to writing for 'New Writers Welcome' for aspiring authors like me. The beauty of Medium is that you don't have to restrict yourself to a single niche; embrace the multifaceted writer within you.

Lastly, keep writing and supporting one another. The journey ahead is long, but it promises to be rewarding. By the end of this month, I aim to reach my first payment milestone of $10—just $9.70 to go. Wish me luck! 😊

Thank you for taking the time to read my experience.

Chapter 2: Insights on Earnings

In this video, "Penny A Day - Task 3 [Act 1]," we explore practical tasks to earn incremental income. It provides motivational insights for anyone looking to start their financial journey.

Chapter 3: Understanding Costs

The video titled "Costs - all 7 explained - TFC, TVC, TC, AFC, AVC, AC and MC" breaks down various cost concepts crucial for entrepreneurs and writers alike. Understanding these can greatly enhance your business acumen.