Can An Average Person Earn Enough Money For Income On SteemIt?

Background

A few years ago, a man proved that it was possible - though very difficult - to live off $100 a month in the United States and he did his experiment over a year. We think that his study did one thing very well: rather than these retarded 30-day studies, which prove next to nothing because they're too short, he committed to a full year and tested his hypothesis. FinTekNeeks over the next few months will be bringing on a new writer who is taking the opposite view of a current writer about the SteemIt platform (this is the introducemyself post for the new writer). The debate is: can an average person earn enough money for income on SteemIt? The current writer says no, and the new writer argues this is possible and will test this theory over the course of a year.

Positions

Current Writer

• An average person would make more money a year taking on a minimum wage writing job than using SteemIt when accounting for research, time, costs and overall return.
• Given that it's relatively easy to find writing jobs that pay slightly above minimum wage if a writer is good, this means SteemIt is counter-productive for a writer to earn a living income.

New Writer

• An average person can make a living income with SteemIt and it will offer a moderate standard of living relative to median income, which would be higher than minimum wage.
• The SteemIt income will double by the end of the experiment, meaning if a post that would have earned $100 after a year would have earned $200.

Requirements

We're looking solely at writers, not any other profession. Knowing this, in general, a good writer must:

• Do a lot of research on the topic.
• Avoid copying others' material as people may later discover this, resulting in a loss of all readers.
• Must relate the material to the readers.
• Evaluate if a post has too much content and should be broken up, to make it more relatable, or has incomplete material.

Why do we highlight this? Because writing takes work and ask any writer this; if you have an option between making $0.15 an hour or $8.00 an hour, which would you choose? Just because you're not accounting for your costs doesn't mean that a person with a brain isn't; therefore we will be holding this writer to all of the costs, so that average writers can evaluate their chances.

In addition, we're looking exclusively at merit, not cronyism - so "knowing the right person" is considered invalid. This writer cannot hack this by building relationships with whales, as that won't make SteemIt a long run sustainable platform anyway. If a whale upvotes because of a relationship, but good content is ignored, the good content will move elsewhere and guess where readers will go? Good content. As a case in point: we've made two very accurate predictions that resulted in some readers walking away with a lot of money. The lack of rewards for those posts meant that we don't do it anymore. Yet we have other places we post outside of SteemIt and our blog and we reward those other readers because we've made a lot of money from rewarding them (in one case, a paid speaking event!). You get what you incentivize; nothing more, nothing less. To compare so far:

Investment	Before	After	Result
Steem	$10,000	$3,200	-88%
FinTekNeeks	$10,000	$32,000	280%
S&P 500	$10,000	$10,450	4.7%

And on our side, those were just the average ideas. Our best ideas go to clients only and most of those are much higher in returns and will be in the future. The bottom line is that you cannot argue against results.

We will make it clear that the writer will write some "experience" posts here of the results and lessons learned, but there will be no pointers to other blogs that are to be later set up which are part of this experiment. The experience and lessons learned posts are exclusively to assist average writers who've stumbled across this experiment. The grand finale a year from now (or whenever we officially start it) will be a post on FinTekNeeks showing the results. So far FinTekNeeks has been much more profitable than SteemIt, so it gets dibs on the finale. TThe main purpose of this is to address any writer who stumbles across SteemIt as a writing platform and unlike anyone else, we have a great balance of two people with opposite views - no insider manipulation.

We at FinTekNeeks aren't selling SteemIt to an average person; we're asking an honest question that an average person would want to know - could I make a living using this platform? We do not know Dan or Ned and we don't know any whales. In addition, in the past, we have both defended and criticized SteemIt, so one cannot argue that this will be successful because we know the right people, or that we've sucked up to SteemIt, or that one is only rewarding to make it appear successful. We don't like platforms that only want Yes-Men, including SteemIt; that's a cult and we hate cults.

If You Found Us Through Google

First, I would read this before you do anything. The post is loaded with incredibly precise content that predicted the outcome that some are "shocked by" perfectly.

Second, the good news is that we answer this question and we want to make it easy for you to follow the story. We're intentionally tagging this as fintekneeks-exp. When the writer posts on this blog, I've required the numerical results and I will calculate these results compared to minimum wages as a percent. Since I know that English is not this writer's first language, I will edit the work if it requires.

We will announce when we start; we're still working out the details and the writer will be setting up other Steem accounts. In the meantime, relative to the courses' continued success, if you're a student in retire early with cryptocurrencies, you will definitely want to stay tuned to the subscriber content in January - which covers another dividend paying cryptocurrency that no one is talking about and no one knows. Students will get first access before anyone else knows and first access is power.