Does anybody on Substack make any money?

Other than those paid to post here by Substack/Others

It seems to me a little like Huffington Post a decade or two ago where there was a bit of controversy about writers working for free.

Well I suspect most writers here on Substack are working for free as well. I’ve often thought that it would take 30k subscribers to be able to make minimum wage on this platform. But judging by these stats it is more like 100k subscribers that I’d need.

Ignore the paid subscribers there as it is still reflecting some paid subscriptions that I gave away a while ago. Instead if you divide 396 by 40 you get the real figure for paid subscribers which is about 10 by the looks of it. Or just over 1%.

I’ve been here about 2 years or so and have not pushed myself as hard as some have but even if I did manage to push my subscribers 10x higher that just means I’m working for $5 a day instead of 50 cents a day.

Of course Substa…