They Can Take It All Away From You at ANY Time

YOUTUBE đź“š THE READING LIFE đź“š PATREON

đź“š Hey! Time to win.

The writing platform Medium recently announced that they're ending payouts for their referral program, yanking hundreds and hundreds of dollars away from some writers overnight.

Now, myself, I had just a few referrals by the time they stopped recording NEW referrals (this was more than a year ago, I think), and so I was only making $10/month or something like that through the referral program. I won't miss it haha.

But I know more than a few creators who changed their entire content strategy around overnight, centering it around the referral program, writing about it, talking about it, etc. This move devastated their business overnight, and it can happen to any creator on ANY platform.

The email we all got out of nowhere

YouTube doesn't owe you anything. Instagram doesn't owe you anything. Medium doesn't owe you anything - you're one of millions (billions) of users to them.

Of course, that doesn't mean they don't care about their creators AT ALL. Most of them care quite a bit. Instagram and YouTube, for example, are two that I feel WANT their creators to succeed more than some of the other platforms do.

But the point remains.

Don't build your business on rented land.

When you, that land permit can be revoked at any time, leaving you with nothing.

OWN your traffic/customer list, and build your business around THAT.

You'll be protected from the capriciousness of platforms that were never completely aligned with your interests in the first place. Stay safe out there! Build your email list :)

If you want my personal help to add between $1-5K/month in monthly recurring revenue to your creator business, and grow your audience and authority exponentially at the same time, Creator Launch Academy is exactly where you need to be. Join here.

*Publish 13 Reading Life Newsletters (9 LEFT)

*Publish 90 Medium Articles (85 LEFT)

*Publish 13 YouTube Videos (11 LEFT)

*Publish 12 New Course Videos (12 LEFT)

*Publish Skool About VSL (INCOMPLETE)

*Update My Patreon Page | COMPLETE âś…

*Update My Instagram Profile (INCOMPLETE)

*Update My YouTube Channel (INCOMPLETE)

*Update My Welcome Sequence (INCOMPLETE)

*Update 50 New Patreon Book Notes (40 LEFT)

*Get Monetized on YouTube (3,382 Watch Hours Left | 15.45% Complete)

*Negotiate 12 Newsletter Partnerships | (9 LEFT)

*Organize 12 Instagram Collaborations | (9 LEFT)

*Organize Coaching Program Launch | (INCOMPLETE)

*Launch Skool Community Affiliate Program | COMPLETE âś…

Reach 120,000 Instagram Followers | 3,917 Followers Left | -20 Today

Reach 25,000 Threads Followers | 1,734 Followers Left | +15 Today

Reach 9,000 Twitter Followers | 907 Followers Left | +4 Today

Reach 100 TikTok Followers | 98 Followers Left | +0 Today

Reach 2,200 Medium Followers | 91 Followers Left | +3 Today

Reach 1,400 Facebook Followers | 95 Followers Left | +1 Today

Reach 2,000 LinkedIn Followers | 678 Followers Left | +5 Today

Reach 5,000 YouTube Subscribers | 3,100 Subscribers Left | -1 Today

Reach 10,000 Reading Life Subscribers | 4,426 Subscribers Left | +7 Today

Reach 1,000 Competitive Advantage Subscribers | 201 Subscribers Left | +3 Today

Reach 50 Competitive Advantage Members | 2 Members Left | +0 Today

Reach 50 Patreon Supporters | 12 Supporters Left | +0 Today

TOTAL FOLLOWERS/SUBSCRIBERS GAINED TODAY: +17

Woke Up: 10:00AM

Sleep Quality: 85%

Pages Read: 90

Workout: Rest Day

Work Completed:

Posted 2x on Instagram

Posted 4x on Twitter

Posted 4x on Threads

Posted 3x on LinkedIn

Posted 3x on Facebook

Posted 1x to YouTube Community Tab

Worked on Current Author Campaigns

Worked on Updating My Patreon Book Notes

Worked on Next Reading Life Newsletter

Managed Creator Launch Academy Community on Skool

Completely Organized My Workflow for Tomorrow

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Still the craziest month/year of my life right now. Just in terms of being scattered and busy and going off in every direction. It’s not sustainable, I don’t like it, and it’s not even all that good for my business haha. Which is why I’m focused on taking the whole month of April (and likely a good portion of May) to consolidate things and streamline my operation.

Of course it doesn’t help that I’m launching a new coaching program, I’ve got several new hires working on growing + building out several arms of my business, I had to spend some time listing and selling my Porsche…plus all the reading I want to get done!!

It’s a lot! I guess is what I’m saying.

But I’m glad you’re here for the ride, and I’m also pleased that I can offer you an insider look at the business operations of a successful content creator, and show you that it is definitely NOT all “Lambos and apartments in Dubai.” This is WORK, man!

But again…it’s the life I chose, the life I love, and the life I’m building each and every day. Talk to you soon!

All the best,

Matt Karamazov

P.S. Whenever you're ready, here are three more ways I can help you:

  1. Book a 1-1 strategy call with me and we’ll get you up to $5K/month in revenue by following a custom plan we’ll build together.

  2. Become a Premium Member of The Reading Life newsletter and enjoy unlimited access to 150+ Premium Book Breakdowns, my complete notes from 1,300+ books, exclusive discounts, and more.

  3. Join Creator Launch Academy, my private business mastermind for educational content creators who want to stand out in their niche, build multiple revenue streams, and go full-time with their creative passions.