The Unexpected Reason I’m Leaving My Old Platform for Substack—And Why You Should Care
What’s the caveat? Substack makes no money unless you also earn money. If you earn money, they take a percentage. And Substack makes it easy for writers to “monetize” their writing. Writers can split up their content into a “free tier” and a “paid tier”. The hope is that they’ll attract fans with their free content and then some of those will find it worthwhile to pay for the premium stuff. This model is a lot like Patreon. Substack handles the money transaction and takes a 10% fee, plus the credit card charges.
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