Substack vs Medium: Exploring Platform Purpose and User Profiles

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Aug 30, 2023

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Substack vs Medium: Exploring Platform Purpose and User Profiles

In the ever-evolving world of online publishing, writers have an abundance of platforms to choose from. Two popular options are Substack and Medium, each offering unique features and benefits. Understanding the purpose and intended function of these platforms can help writers make an informed decision about where to share their work.

Medium, with its metered paywall, aims to monetize content by charging readers a subscription fee. However, the paywall is not a firm barrier, as non-subscribers can still access a limited number of articles each month. This strategy entices regular readers to become paying subscribers and generates revenue for writers. Medium also takes a 10% fee on top of credit card fees from paid subscriptions. On the other hand, Substack's business model relies on writers effectively utilizing its WYSIWYG tools to reach new readers and develop a fanbase. Notably, Substack provides writers with direct access to customer subscription information, offering the potential to transition away from the platform in the future.

When it comes to successful user profiles, both platforms have distinct characteristics. On Medium, top writers often create semi-viral content to maximize engagement from paying readers. This is due to Medium's compensation system, which financially rewards writers based on reader engagement. In contrast, successful Substack writers tend to focus on a specific niche and become quasi-subject matter experts. While a baseball-specific publication on Medium might attract some traffic due to its high domain authority, it may not generate significant views from paying readers, affecting earnings through the Partner Program.

Writer monetization methods also differ between the platforms. Medium pays writers based on Member Reading Time, which measures the total time paying subscribers spend reading their articles. Substack, on the other hand, offers limited content discovery and assistance in driving traffic, placing more responsibility on writers to promote their work independently.

Considering these factors, writers must assess their goals and resources before choosing a platform. Questions to ask include: How much time can you invest? Do you have an existing following or fan base? Are you comfortable with self-promotion? Are you writing about a niche topic? Do you hope to benefit from organic search engine traffic? By answering these questions, writers can align their needs with the platform that best suits them.

"The Science of Motivation: How to Get and Stay Motivated"

Motivation is a crucial factor in achieving goals and maintaining progress. Often, motivation begins to build once we take the first steps and gain momentum. As Lao Tzu wisely said, "The journey of a thousand miles begins with a single step." To stay motivated, we must consistently take action and find our way back on track when we stumble.

There are two types of motivation: intrinsic and extrinsic. Intrinsic motivation arises when interest or enjoyment in an activity comes from within us. This type of motivation is strongly linked to sustained behavioral change and improved well-being because the activity itself brings us pleasure. When we enjoy what we do, our interest and experience of work are enhanced, leading to greater motivation.

Extrinsic motivation, on the other hand, stems from the desire for a separate outcome that is not directly connected to the activity itself. This detachment can make motivation fluctuate more easily. In their research, psychologists Richard Ryan and Edward Deci highlighted three innate psychological needs that enhance self-motivation and mental health: competence, autonomy, and relatedness.

Competence plays a significant role in intrinsic motivation. When we feel competent in a behavior, whether through feedback, communication, or rewards, our motivation to engage in that behavior increases. On the other hand, relatedness is often more relevant to extrinsic motivation. If a behavior is valued by a manager, client, or friend, we feel a sense of connectedness, leading to the internalization of extrinsic motivation.

It's important to note that demotivation can occur not only when goals are too difficult but also when they are too easy or lack suitable rewards. To sustain motivation, a clear aim must be in focus. Motivation arises once we start a task or behavior, not before. Instead of letting tasks accumulate until they feel overwhelming, the best strategy is to generate the momentum required to conquer long-term goals by consistently showing up every day. As Confucius aptly put it, "The man who moves mountains begins by carrying away small stones."

To enhance motivation, focus on the right goals. Intrinsic motivation naturally occurs when you choose a goal that truly matters to you. If you lack commitment or connection to a goal, relying solely on willpower becomes unsustainable in the long run. Additionally, practice self-reflection to promote motivation. Take care of yourself through activities like reading and exercise, and commit to introspection. Self-Determination Theory, a popular school of thought in motivation studies, emphasizes the importance of self-regulation and the process of internalizing social values to fuel self-motivation.

In conclusion, both Substack and Medium offer unique opportunities for writers to share their work and engage with readers. Understanding the purpose and intended function of each platform is crucial in making an informed decision. Furthermore, motivation is a fundamental aspect of achieving goals and maintaining progress. By understanding the science behind motivation and applying actionable strategies, writers can enhance their drive and maximize their potential for success.

Three actionable advice to enhance motivation:

  1. Choose goals that align with your passions and values to foster intrinsic motivation.
  2. Practice self-reflection and self-care to maintain a healthy mindset and fuel motivation.
  3. Break down long-term goals into manageable tasks and consistently show up every day to build momentum and sustain motivation.

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