The One About The Rewards by xervantes

View this thread on steempeak.com
· @xervantes · (edited)
$11.27
The One About The Rewards
**Let's talk about the rewards here on Steemit, what to expect and how it works. A lot of people are joining the platform only to be disillusioned about the payouts, it's time to set things straight.**


<center>![titleblogfinal.png](https://s5.postimg.org/lisic1gav/titleblogfinal.png))</center>

<center>![horizontal_line.png](https://s5.postimg.org/5oc8a30p3/horizontal_line.png)</center>


### Get Paid!
**"Your voice is worth something. Join the community that pays you to post and curate high quality content."** This is what is says on the Steemit front page. The community gives you a share from the reward pool by upvoting your high quality content.
But it is not like a job where you have a guaranteed salary at the end of the month. The payout depends on a number of factors.

- The amount of upvotes on your post
- The voting power of the accounts 
- The size of the reward pool
- The price of Steem

These factors decide what your payout ($) will be.

> To be honest I care less what the payout in dollars might be and focus more on the amount of Steem I can collect.

**Amount of votes**
Simply put, the more votes, the more money you get.

**The voting power of the accounts**
It matters if the person upvoting you is a red fish, minnow, dolphin or whale. A red fish or minnow can only contribute cents but nothing more than a dollar to your post. Dolphins and Whales can add dollars in the range from one to more than a hundred.

> You can check how much your own or someone else's voting power is worth [here](https://steemnow.com/).

**The size of the reward pool**
The size of the reward pool dictates how much is available to spread around. The bigger the reward pool, the the upvotes are worth.

**The price of Steem**
If the price of Steem goes up than the worth of your payout in dollars also goes up. For example if you have a post worth $10 and the price of Steem is $1 but the price of Steem goes up before the payout) to $2 then your post will be worth $20.

<br>

<center>![howsteemitworks.png](https://s5.postimg.org/49gmr6fuv/howsteemitworks.png)</center>


<center>![horizontal_line.png](https://s5.postimg.org/5oc8a30p3/horizontal_line.png)</center>

### Managing your expectations
The payout is not linked to the quality of your post, the length or the time you invested to write it. Like I said it is not like a job where you get paid by the hour or by the quality of your work. This means that when you write a brilliant blog and spend hours on creating it, it can still be that you receive **nothing** or less than you expected.

. The last thing you want to do is look at the trending posts, match the quality of those posts and expect the same payout.

Getting upvotes also depends on a number of factors.

- Popularity on Steemit
- Number of followers
- The subject
- Luck

**Popularity on Steemit** The authors who are constantly trending are well-known Steemians with a loyal following. They worked hard to get their network up and running and are known for their constant high quality posts. 

**Number of followers**
Numbers matter and in the case of Steemit it also matters that the numbers are real. By this I mean that the followers should be real followers who are interested in your posts and not follow4follows. 

**The subject**
Is your subject interesting to a large group of people? You can write about a large number of things but if no-one is interested in the subject nobody will read it let alone upvote the content, no matter how well crafted it is.

**Luck**
Probably the most important factor. It all depends on the right people noticing your post. Important curators like @curie or a whale could send your post to the trending pages.

<br>

<center>![luck-skill.jpg](https://s5.postimg.org/qmoddzgsn/luck-skill.jpg)</center>
<center>[source](https://i1.wp.com/statsbomb.com/wp-content/uploads/2016/03/luck-skill.jpg?w=668)</center>

<center>![horizontal_line.png](https://s5.postimg.org/5oc8a30p3/horizontal_line.png)</center>

### How to get high payouts
If there is a formula that guarantees high payouts than I would like to know about it too. But there are a couple of things you can do to maximize your chances of getting more value for your posts.

- Invest in your followers
- Join community projects
- Follow successful Steemians  
- Keep posting quality content


**Invest in your followers**
Try to increase the number of people following you and make sure that your following is really interested in the content you put out.

**Join community projects**
Projects like circle of friends and qurator will increase the chances of your posts being noticed and you will make some valuable contacts along the way.

**Follow successful Steemians**
Check out how the successful Steemians do it. What are their posts like, how did they build their brand. How do they interact with their followers?
Also try to connect with the popular authors, interact with them by commenting on their posts, they might be able to give some valuable advise.

**Keep posting quality content**
Don't get discouraged if the high quality posts you submitted don't get the deserved attention immediately. Just keep at it, people are bound to notice your talents eventually.

<center>![women_social_networking_web.jpg](https://s5.postimg.org/m226z1x3b/women_social_networking_web.jpg)</center>
<center>[source](https://indiagarner.files.wordpress.com/2013/06/women_social_networking_web.jpg)</center>


<center>![horizontal_line.png](https://s5.postimg.org/5oc8a30p3/horizontal_line.png)</center>

### It's like a game
I am a gamer and the thing about Steemit is that it reminds me a lot of gaming (in a good way).  

**RNG**
RNG stands for random generated. This is when you put a lot of energy in a activity but don't know what you are going to get. It might be good or not. Steemit often is like that, you never know how well your post is going to do or what comments you are going to get. This is what makes it fun and exciting.

**Grinding**
In games (especially RPG's/MMO) you have to "grind" to get the stuff you want. "Grinding" is where you have to do numerous tasks to achieve your goal (gear/abilities/power). Most of the time the grind is not a fun activity but it can be achieved in numerous ways. The trick is to make it as fun as possible and always keep your eyes on the prize.

<br>


<center>[![rng.jpg](https://s5.postimg.org/bt9pt891j/rng.jpg)](https://postimg.org/image/r1zn702pv/)</center>
<center>[If you ever played RPG's or MMO's you know about the pain of RNG](https://i.ytimg.com/vi/8wQC6engYMk/maxresdefault.jpg)</center>

<center>![horizontal_line.png](https://s5.postimg.org/5oc8a30p3/horizontal_line.png)</center>

### The takeaway
Steemit setup so that people invest in the platform, this is one of the reasons why you cannot power down all your Steem Power at once.
To be successful on the platform you will have to invest in your relations, your posts and Steemit itself. 
Let's get real, Steemit is unique in that you get awarded for doing the same thing you might do on Facebook, Twitter or Reddit and no-one is getting any form of payment on those platforms. 
Steemit is not a get-rich-quick scheme it just opens the possibility of earning money by creating content.
The best advice I can give is to enjoy yourself, have fun creating your posts, interact with your fellow Steemians and just have fun. If you get paid doing this, well, that is just an added bonus, if not well it might still come.

### Have a great time here on Steemit and leave some comments in the comment Section. Thank you for taking the time to read my post.



<center>[![classy_signature6.png](https://s5.postimg.org/rad08gq87/classy_signature6.png)](https://steemit.com/@xervantes)</center>
 


<center>![horizontal_line.png](https://s5.postimg.org/5oc8a30p3/horizontal_line.png)</center>
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<center>![horizontal_line.png](https://s5.postimg.org/5oc8a30p3/horizontal_line.png)</center>
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vote details (118)
@greenrun · (edited)
Someone should place as a matter of urgency pin this post on the front page. 

>The payout is not linked to the quality of your post, the length or the time you invested to write it. 


Ironically, the above quoted writeup is very true. I earned my biggest payout on a post I wrote under 10 minutes :) 
It's crazy but true. Others that I spent hours on got like less than a $1. I wish everyone inviting people should talk to them about managing their expectations. I always tell those I invite if they want to buy a Lamborghini with their first post, they are better off challenging Mayweather!
👍  
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vote details (1)
@xervantes ·
I also had a good payout on a post I spent like 10 minutes on. It was just to a notice and link to a interesting ICO. On the other hand I have spend hours researching and writing only to get  less than a dollar.  I spend less time on my posts now until my following has grown and I am sure my time will be better rewarded.
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@greenrun ·
Steemit is very interesting in their ways :)
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@pjcswart ·
papa pepper says the same. Its about the person more than the content.
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@xervantes ·
True dat, People are upvoting the "brand" more than they are upvoting the content.
👍  
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vote details (1)
@denmarkguy ·
>it is not like a job where you have a guaranteed salary at the end of the month.

This is quite possibly the biggest misunderstanding people bring here... there are nop guarantees, and you're not "employed" by Steemit, and the site doesn't "owe" you anything. 

All you have here is an *opportunity* and it's up to *you* to make the most of it. If you want guaranteed income, go flip burgers....
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@xervantes ·
Yeah, sometimes people act like they have a right to a nice payout because they worked hard on their post (especially the new Steemians) and they are confused why other people are getting high payouts on posts they regard to be of lesser quality than theirs. I  myself am glad at the opportunity and am having a great time on the platform.
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@minnowbooster ·
@minnowbooster upvoted this post!
![@xervantes got you a $7.17 @minnowbooster upgoat, nice!](http://minnowshares.net/upgoat/?user=xervantes&receiver=xervantes&value=7.17&hash=805)
*@xervantes got you a $7.17 @minnowbooster upgoat, nice! (Image: pixabay.com)*
---
[Want a boost? Click here to read more!](https://steemit.com/minnowbooster/@minnowbooster/6rt2mn-introducing-minnowbooster-beta)
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@minnowsupport ·
<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by sherryblossom from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>
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@bellyrub ·
<p>This post has received a 2.32 % upvote from @bellyrub thanks to: @xervantes.</p>
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@steemitboard ·
Congratulations @xervantes! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@xervantes) Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)

If you no longer want to receive notifications, reply to this comment with the word `STOP`

> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
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@clumsysilverdad ·
Keep 'er cranking dude / have a great week (-:
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@xervantes ·
Thanks @clumsysilverdad, you too
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@sumatranate ·
@xervantes, great information!  

I think the biggest takeaway for a new Steemit user is managing expectations.

> The payout is not linked to the quality of your post, the length or the time you invested to write it. Like I said it is not like a job where you get paid by the hour or by the quality of your work. This means that when you write a brilliant blog and spend hours on creating it, it can still be that you receive nothing or less than you expected.
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@xervantes ·
$0.05
Thanks @sumatranate. I wrote this after reading some posts from frustrated new steemians who could not understand why they weren't getting bigger payouts.
👍  
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vote details (1)
@sumatranate ·
It is important that people understand the scope of steemit and how that impacts payout.  We are seeing a lot of new faces in our community, but very few seems to understand the important elements of our community.  Kinda sad!
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