Read time: 3.5 minutes.
In today’s issue, I’ll be sharing my thought process.
But not just some random mental movie. I’m talking about how I started making money writing and how you can do it too.
Hopefully, this can clear up the journey for you. Show you where to step.
🗣 I’ll be honest
I love writing. And hate being broke.
With that said, we need to figure out a way to effectively monetize our passions.
Simple. Right? Eh, not really.
But there's a decent method when we’re first starting out. And if I was writing this issue a few weeks ago? I’d probably be telling you to pour out your heart out on Medium (the digital writing platform).
But there’s a new dog in the yard...
You may have heard of Fiverr, but just in case you haven’t, it’s a marketplace for services where buyers and sellers meet.
Anyone can pay a seller on Fiverr to do their dirty work for them. The stuff they don’t wanna do. Like writing!
That’s where we come in.
Lately, I’ve been tinkering with the platform, offering services like ghostwriting blog posts and articles.
In the beginning, I was ashamed because when I posted my gigs, crickets.
I got a couple of spam messages trying to steal my account, but that’s it.
But then, things changed. It took a while, but I got my first order!
900 words for $20.
Again, how fascinating.
It’s not much, but I kept my prices low to maintain a constant flow of orders.
After I completed the first order, my gig impressions increased! That means more people can see my (not so) pretty face and click on my profile.
Soon after, I got another order. That second buyer liked me so much, that they ordered 3 times. A total of 6 blog posts. Then, along came another repeat buyer.
This is what I was waiting for!
My impressions had grown over 10x. I acquired 5 different 5-star reviews in one week! I was even told on Twitter (by a 6-figure Fiverr seller) to keep the prices low, a quick turnaround, and to stack up as many 5-stars as possible before raising the rent (my prices).
It’s turning out well and I’ve almost earned $100 initially. And I’m not telling you this to brag, I’m telling you to join the club. To join the fun!
And to compare it to my previous money maker: Medium.
Fiverr vs. Medium
Fiverr might be the new dog in the yard, but does it compare to Medium?
My champion platform? I only say that because Medium was the first place that I ever monetized my writing. After all, I’ve only been at this for under a year.
But here’s the deal.
Medium is full of opportunity. And so is Fiverr. But which one’s better?
Where can we most effectively monetize our writing? That’s what this is about.
There’s one blaring argument that sticks out to me.
On Medium, you can go ahead and post away (as much as you like) and it’s sort of like buying lottery tickets. Some will hit, some won’t. It allows you to keep earning and gain passive income.
But, Fiverr guarantees. When you get an order, you set the price and know you’re getting paid. With Medium? You really don’t.
Then again, buyers have to come to you. There’s no posting at will on Fiverr.
I’ve been pals with Medium for a while and even earned $100+ on a few different articles. Nothing I’ve ever done on Fiverr has come close to that.
So which do you think is more effective?
Freelancing on Fiverr? Or making money on Medium?
For me, the consistency on Fiverr piques my interest. But I could never stray too far away from my beloved Medium membership.
🎁 In Summary
Fiverr vs. Medium:
- Fiverr guarantees you make money when you write
- Medium gives you the opportunity to earn more per article
- Fiverr impressions increase rapidly
- Medium gives you the chance to earn passively
I’d love to hear your thoughts.
Let me know what you guys think!