This is my entry for the contest from @conradt. To participate in this contest one needs to share what I think a new Steemian should really know. And I wouldn't be me if I would not give you 3 brilliant ideas instead of 1.

1 Master all the basics

This sounds easy, you just need to make sure that you really and fully understand Steemit. I suggest to read the welcome and FAQ. And try to follow a few people that blog about Steemit.

2 Give yourself a Steemit time slot

Before you know you spend hours per day on Steemit. So make a deal with yourself to spend xx amount of time and stick to it.

I think this should be done for all social media. And perhaps for more things in life.

3 Lower your financial expectations

Many people come to Steemit because they think they can easily earn lots of money. But that ain't possible.

The numbers:
0.2% of the total Steemians owns a noteworthy (5,000+) amount of Steem. So 1,605 Steemians own 91% of all Steem.

The same most likely applies for the reward distribution. Although I don't have numbers to prove this.

Anyways now you know this and have my brilliant pointers, you are ready to become 1 out of 505.

Enjoy your further Steemit experience!