3 Minnows That Rocked Steemit From Scratch & Making the Pareto Distribution Work For You

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Photo by Jeremy Bishop on Unsplash

Introduction

There are some people that may feel like steemit is unfair and that it is impossible for a new user to make a decent amount of money participating on the blockchain.

I don't blame them, at the end of the day, it's much easier to blame the system than to question our actions or simply persevere...and the reality is that it is unfair...but that shouldn't stop you from succeeding.

Understanding Normal Distribution VS Pareto Distribution

After watching this video, you should have a better understanding of that graph...

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Beware of People Who Promise to Make the System "Fairer"

There are well-meaning people who think that we can flatten out that curve to make the system "fairer". We should pursue that as much as that can be pursued without destroying the platform BUT believing that we can make a system that doesn't create a pareto distribution is foolishness. Blame it on God if you want but we will never be able to get rid of that natural phenomena.

What You Should Do...

What you should do is to embrace reality and do what those who are climbing on that distribution does. No need to reinvent the wheel, be activists or lobbying for a different system. Basically, don't do what most people do and do what the few successful minnow did.

Examples

There are hundreds of people who joined last June 2016 and succeeding at making a decent income from Steemit. Here are some examples:

@progressivechef - Joined June 2017 - Account value $20,713.79 US

ProgressiveChef use to comment a lot on my blog, enough for me to keep tabs on him and see what he is up to. This guy has some has one thing going for him: perseverance. The guy was relentless at participating on the platform. He could have quit many times but he kept networking. Now he does the STEEMIT IRON CHEF 2018 which is quite popular and cool.

@dontstopmenow - Joined June 2017 - Account value $25,425.08 US

I noticed @dontstopmenow a while back when, even with his minnow account had the highest % of return on curation. This guy has been all in from the beginning and now he's making a living with steem and trying to help the people of Venezuela through Steemit.com

@malicered - Joined June 2017 - Account value $1,940 + ~around $20,000 US that he is trading

MaliceRed is a really cool dude and he is also a serious hustler. Not only is he an amazing graphic designer but he is involved in @privex, offering server for witness as well as pioneering the STEEM MARINES project which aim at advertising STEEM within the Warhammer 40k community.

Conclusion

Most of those people didn't see results for a few months after joining the platform. They got to know people, found ways to add value and persevered all the way until they've achieved a relatively comfortable level of success.

Looking forward to your comments...

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