How Writers Are Making $1 Million on Substack with Farrah Storr

<p>The publishing industry pays writers last and cuts them first. Substack pays 50 of its creators over $1 million a year. One woman edited Women&#39;s Health, Cosmopolitan and Elle, saw where it was all going, and left to build the other side. </p><p><br></p><p>In this episode of Hot Girl Finance, Farrah Storr, Head of Substack International, breaks down exactly how the platform pays, who&#39;s getting rich, and why the industry that underpaid writers for a century is being replaced.</p><p><br></p><p>In this episode:</p><p>◼️ The Substack business model, explained in one breath, who sets the price, who takes a cut, and where the money actually goes</p><p>◼️ The answer to &quot;but how would anyone find me?&quot; and why you don&#39;t need to bring an audience to start earning</p><p>◼️ What Farrah makes from one piece of writing a week, and how it compares to her editor&#39;s salary at Women&#39;s Health</p><p>◼️ The story behind The Free Press: built on Substack, sold for a number that changed how writers think about the platform</p><p>◼️ Why almost everyone starts as a side hustle, and the exact signal it&#39;s time to go all in</p><p>◼️ The one way writers should never use AI, and why readers can always tell</p><p>◼️ Why she says you haven&#39;t missed the boat, Substack is only just launching in France, Italy, Brazil and Japan</p><p>The boat hasn&#39;t sailed. It&#39;s waiting for you.</p><p><br></p><p>Subscribe⁩ for new episodes every week.<br>💜 Stream on Spotify: https://tr.ee/hgfspotify</p><p>💜 Stream on Apple Podcasts: https://tr.ee/hgfapple</p><p>💜 Follow us on Instagram: https://www.instagram.com/hgf/<br></p><p>💸 Powered by Aave App. Start saving smarter: <a href="https://aave.com/app" target="_blank" rel="ugc noopener noreferrer">https://aave.com/app</a></p><p><br></p>