Steem buck it. Let's make a magazine

in #money6 years ago

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Damn I'm so fucking buried in emails I don't even know what to do with myself. I guess this is what making it feels like? 100 emails a day from people who treat you with respect because they want something from you. I kinda like it.

Who am I kidding? I love that shit. YES. This is what I wanted all along. Soon I won't even have to do any work. Soon I'll just agree to put my picture on a website and make some introductions. That's the dream anyway.

But we'll get to that in a second. For now, let's talk about this crypto magazine.

Give the people what they want

After my last post, a lot of you commented that you were disappointed that I was abandoning the project. To be honest, I didn't think that anyone would find it worth their time to contribute articles unless there was a delegation in place to boost the value of the posts.

Looks like I was wrong.

So now the magazine is back on the table and ideally will start publishing next week. A few things have changed since my last post that explained everything, but before we get to that let's just take a bird's eye view of how this program is going to work.

  1. Steemit users contribute articles to the account
  2. The article is edited and proofread by our editor before being scheduled for posting
  3. All articles will be sourced from Steemit users. My partner is out of the deal for now
  4. SBD from post rewards will be split 40/40/20 between the writer, editor and marketing partners (if any). SP stays in the account
  5. Articles will have a link pointing to the author's Steemit blog/website/etc
  6. Up to 8-10 posts per day
  7. Only 1 post per day per author
  8. All contributing authors are required to join the @YallaPapi curation trail

The idea with this program is very simple: you write content, we publish it, the curation trail upvotes it and then at the end we all split the profits.

And before anyone asks, no, I am not the editor. I don't have time for that shit. The editor is a Steemit user by the name of @flashfiction and from now on, all articles will be forwarded to him for consideration. Please don't waste his time with unedited garbage.

@Flashfiction has been a part of #sharkschool from the beginning and I am impressed with his hustle. I know he'll do a good job and I am giving him free reign to make all of the day-to-day decisions for the magazine. I will work more on the business side of things - securing advertising, paid placements, etc.

As for my partner, the unfortunate truth is that the deal just isn't big enough for him. With no delegation, it will take time for the post rewards to build up. I'd rather not split the pie with an additional person just for a few extra articles that I could have Steemit people write instead.

Regarding the rewards, you'll notice that I'm not taking any of the SBD payout for myself. I was tempted to keep it at 1/3 and include myself in the split, but I figure that the incentive to contribute would be greater if the writer's/editor's cut was larger.

I don't need the money from it and would rather reward the contributors more as I'm hoping it will encourage them to create quality work. Because if they don't, then we'll just replace them with people who will.

In the meantime, I'm going to try and use the account to expand my other projects. ICO marketing, influencer marketing, etc.

While it's not something that will happen tomorrow, the ultimate plan is to create a massive network of independent marketers who source deals for my partner and I. You'll be able to operate under our banner which will add legitimacy to your pitch and we'll split the profits. This ties in with positioning myself as an advisor as well, as clients will eventually want me to put my picture on their website so they can show potential investors how cool they are.

Like I said, it won't happen today or any time soon, but that's the endgame from where I can see things now.

In terms of crediting authors, all posts will have a blurb about the author that's something like, "This post was contributed by @yallapapi. You can read more of his spellbinding articles over at his Steemit blog."

All contributing authors are also required to follow my curation trail so the posts actually get some reasonable rewards.

I have around 1200 SP right now but am in a constant state of powering down because I want to use my previous rewards to fund my upcoming posts. I don't feel like investing any more into the Steem blockchain, as ironic as that may sound considering how I'm using the platform.

Anyway, the point is that the voting power in my account can only do so much. I wasn't able to lease a delegation at a rate that I was comfortable with and didn't try particularly hard to solicit a free one. Because I am giving away all of the SBD payout, I also won't be paying to upvote these posts like I do with the ones that I post from my personal account. So a curation trail is the obvious solution.

For those of you who don't know, a curation trail is basically just a fancy way of saying that people will join a group that copies your upvotes. So by joining the curation trail attached to this account, all contributing authors will be upvoting all of each other's posts and increasing the collective reward. This can also be automated via SteemAuto.

Head over there, connect through SteemConnect and click the curation trail tab. Type @yallapapi in the search field and click follow. Easy peasy.

Ideally, some benevolent Steemit God (or enterprising high SP account with an interesting offer) would delegate a significant amount of SP to me for voting purposes to further incentivize contributors. But I won't hold my breath and neither should you.

While authors are allowed to submit as many posts for consideration as they want, we'll only publish 1 post per author per day. This is to allow for a fresh rotation of contributors and to give people an equal chance to earn from the program. That said, this may change in the future if some people are just such ballers that I or @flashfiction believe that they deserve more than one post per day to be published.

The SP will stay in the account for voting purposes.

Let's talk about submission guidelines.

  1. Posts should be between 300-500 words in length (give or take)
  2. Post must be spellchecked before being sent for submission
  3. Post should also be formatted in markdown along with images/videos before being sent
  4. Posts should have a professional tone. No "wassup homies today we gonna rap about WaltonChain"
  5. Posts must have something to do with cryptocurrency
  6. Editorials (opinion pieces) are allowed

All submissions must be sent to @flashfiction at [email protected].

Everyone who submitted to me so far, I will be forwarding your details over to @flashfiction and will leave it up to you to coordinate together regarding posting frequency etc. Do not submit any more posts to me.

That said, you're still welcome to get in touch with me if you have bigger ideas for working together. [email protected] or yallapapi#1970 on Discord.

Dbizzle my nizzle

For those of you who haven't heard of @DBooks, it's a self-publishing book marketplace built on the Steem blockchain. Seems like a no-brainer considering that the main medium of Steemit is text.

Thanks to @hyperfundit, I've arranged a deal with @DBooks to help promote their platform. They're looking to raise $5000 Steem for further development. You can view the campaign here.

So not only will I be giving them a shoutout in all of my future posts (and the cryptomag's future posts as well) until the goal is reached, but I'm also going to be giving away a book that I wrote to users who contribute at least 5 STEEM to the program.

This is not a business book. There are no affiliate links in there and nothing to buy.

The book is called High Risk Behavior. I wrote it a while ago with the intention of publishing it to Amazon but never got around to it. Funny how things work out like that.

The book is a collection of 5 short stories from different periods in my life. I've briefly alluded to some of them in my posts, but these stories are an in-depth retelling of the ugly truth of some of the most hardcore 1st world problems I've experienced in the past few years.

I have to say, the book is pretty fucking awesome. If you like me and want to know more about my history, then you will enjoy reading it. And even if you don't like me but want to read something easy and entertaining, you'll enjoy it.

I'm listing the book for sale at 10 STEEM. Users who contribute at least 5 STEEM to @DBooks via the Hyperfundit platform will get a copy of the book for free. The book is approximately 53,000 words long.

You're also welcome to donate towards funding the platform without taking me up on my offer.

Furthermore, if any of you have an established reach and want to partner with me on promoting @Dbooks, I am open to suggestions. Ideally you would have a book to give away and an existing audience to promote to. If you do, contact me with your offer.

Finally, between 10-20% of the SBD payout will be donated to funding the @Dbooks platform until their goal is reached.

Why 10-20? I am leaving some wiggle room in there in case any enterprising people are reading this and want to get more involved with what I'm doing.

We're all gonna make it brah

The crypto market is recovering and ICOs are coming out of the woodwork. I'm getting 50 warm introductions per day to new blockchain startups from one of the top names in the ICO world. I'm already overwhelmed and it's only been a week.

I don't want to jinx myself, but for the first time in my life I feel like I actually have a chance at making it.

It's not even about the money anymore. It never was. It was about being an in-demand personality who gets paid just to show up. It's about being one of the cool kids that people want to invite to their birthday party just so other people will come.

I'm not there yet, but it's getting close. My last post hit the top of r/cryptocurrency yesterday without me even knowing about it until a client emailed me.

You know what they said? "Hey we want to hire you but we're worried that people will find out we're working together."

It didn't bother me in the slightest that he was worried. I reached thousands of additional people because someone out there felt my article was worth sharing.

Old leads who ghosted me months ago replied to 60 day old emails asking me if I had time to take on new clients. Random ICOs I'd never heard of hit me up out of the blue asking me how much I charge. And now I have yet ANOTHER link that I can send to potential clients and show them that I am a walking, talking lightning rod that attracts attention just because I put words in a certain order.

Brother, if you're worried about people finding out that we work together, then you must have no problems in your life.

Worried about someone you're affiliated with hitting the top of THE subreddit in your industry? For free? Without even trying?

Who knows. Maybe I really am just full of shit. I can't even tell anymore. But one thing is for sure: I'm playing with the big boys now.

I closed a deal so big yesterday that I actually don't want to tell you how big it was because I'd feel embarrassed that I was bragging. Me. Embarrassed about bragging.

It's more money than most people make in a year and some guy agreed to pay me just off of a few emails and a third party recommendation.

And not only that, but I am doing it without sacrificing my dignity, neutering my articles, or stifling my personality. My banner image and profile picture are still ridiculous. I'm open about paying $100/month to live in a hostel and share a room with 7 other people while I manage marketing efforts for companies trying to raise millions of dollars.

What's the saying? "Be so good they can't ignore you."

Or maybe it's "Circlejerk the the cool kids until they bless you with upvotes."

I can never remember.

And you lucky people get to watch all of it unfold in real time. A year from now you'll be able to say that you knew me before I blew up. When I was still writing small-time articles about Steemit's Trending page.

Yeah, I'm definitely full of shit.

Be the general, not the private

As I've said many times before, it's better to use this platform as an extension of your business than to depend on the post rewards for consistent income. Sure, if you created your account in 2016 and are best buddies with the cool kids, then maybe they'll hook you up.

But if you actually took the time to read this far, chances are that you're a normal account with no power to speak of. Am I going to tell you that writing for my crypto publication is going to solve all your problems? Definitely not. I have no idea how much the post rewards are going to be, but I don't see them being big enough to support yourself any time soon. I don't care what country you live in.

In fact, have you noticed how I'm not taking any of the liquid rewards for myself? Why do you think that is? Because I hate money? Because I'm rich? Because I want to help people on this platform?

Negative. It's so people have proper incentive to do all the work that I don't want to do. Can you imagine how much time I'd have to spend writing 10 x 300 word articles every day of the month? Fuck that shit. Pay me $100 per article and I still wouldn't do it.

But by inventing this little idea and structuring it the way I have, I've basically created an asset for myself that will grow with virtually no input on my part. Writers have incentive to write, the editor has incentive to edit, and all I have to do is put the word out there that I have a publication
) that produces 200-300 pieces of high quality unique content every month.

And I did all of this without spending a dollar. I haven't hired anyone nor will I pay any of them out of my pocket. They get paid based on the revenue that they generate.

In the meantime, I have a massive publication being created in my niche that belongs to me. Just from writing a few posts.

What's crazy is that literally any of you could do this as well. What's stopping you from creating your own version of what I'm doing but in a different niche? Seriously, what's stopping you? Wouldn't you like to have your own online magazine where people do all the work for you and you don't have to pay them anything up front?

So why haven't you done it? Because you don't know how? No. Because you just don't feel like doing the work.

I don't know if it's because you're lazy or just can't be bothered, but at the end of the day the reason you aren't copying my strategy is because you have other things that you'd rather spend your time doing. Any one of you can mimic my strategy step by step and do literally the exact same thing I'm doing. I've laid it all out for you.

I've told you how it's been structured, how people are being paid, and all the deals I had to make to get everyone to do the work instead of me.

And that's fine, maybe you just don't want to. But you have to understand that you have absolutely no right whatsoever to complain about not being able to make money on here.

Forget about making money from your articles. It's not going to happen for you. It never will. And if it does, then it's because someone who got lucky two years ago feels like being generous and clicking a little button after skimming your post.

Is that something you want to depend on for full time income?

There are dozens of ways I can monetize this new account. I can offer writing services for ICOs that I represent. I can sell adspace at the bottom of posts for blockchain-based companies. I can run the account for six months and then flip it for mega bucks. I can use it at proof of concept and approach an investor to buy a million STEEM and create my own money printing machine.

Compared to making $20 per article, what do you think is better?

Of course my way. Are you kidding me? People build a business for me and all I have to do is market it to my existing network? EZ money.

I told you before, I don't want to hire any of you as writers.

I'd rather you come to me with an idea for a project and the drive to lead it.

Come to me and tell me you want to run my next magazine. Tell me how you're going to reach out to groups of writers and recruit them to write. Tell me how you're going to bring your friend in who is a professional editor for a piece of the action. Tell me how you're going to help me approach brands for advertising opportunities. Tell me how you're going to get me a delegation for future projects. Tell me how you want to reach out to ICOs for me for a % of closed deals.

You expect me to believe that you'd rather poke your keyboard for an hour for $20?

Look, I know I sound like an asshole. But don't be scared of me. Ask people who talk to me one on one and they'll tell you that I'm actually very nice.

But one thing that I can't tolerate is an intentionally false misrepresentation of reality. And when I browse posts on here that are so obviously laden with unstated ulterior motives it makes my blood boil. False crusades, duplicitous posts rationalizing poor investments, and mountains and mountains of excuses made by people who are too uncomfortable to face the fact that they are the only ones responsible for their own fate.

I communicate like this because a lot of you need a nice hard slap in the face to bring you back to reality. Get your head out of the clouds with all this shit about "Steem will for sure go to $20 this year and replace Facebook! I base that on no facts or research because cryptooooo!" What the fuck? Are you actually retarded?

Anyone reading this can contact me any time. Any of you. Even if we've argued publicly or you've silently disagreed with my past articles. I don't care. I don't hold grudges. I'm trying to make some money before I die so I can buy a bunch of shit I don't need.

Anyone who wants to get involved is welcome. You know how to find me.

How else can you make money from Steemit other than post rewards?

Let me know in a comment!

🔥 Send all crypto article submissions to 🔥

➡️➡️➡️ [email protected] ⬅️⬅️⬅️

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