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Freelance Writing #1: Income Streams
December 19, 2013
I have been questioning what, if something, to do about this weblog. I believe I’ll attempt to write some helpful content material. (No less than as soon as per week). Meaning, for me, not less than, to concentrate on issues I do know a good quantity about: freelance writing, novel writing, with, maybe, some forays into healthcare, health, martial arts, and, you already know, each day life. Perhaps. So within the curiosity of attempting this, this is some excited about freelance writing that additionally, I consider applies to writing fiction.
Do not put all of your eggs into one basket.
Through the years I’ve usually puzzled concerning the novelist who wrote a single novel a 12 months and made a residing off that. It took me years to appreciate that, properly, most of them did not. It has been pretty current that authors have cranked out a number of books a 12 months and their readers do not care – partly as a result of increasingly more of them are self-publishing in some style.
However my greater experience is in freelance writing, and it’s my opinion that if you wish to survive as a contract author, you want a number of income streams. One instance, for me, is that a number of years in the past I had an enormous shopper that accounted for about 70% of my earnings, primarily writing large market analysis studies. Then the corporate’s umbrella firm cracked down on their income figures, the man who introduced me on left, the corporate modified instructions, and I used to be basically out of labor. I did a bit bit of labor for the subsequent man, however he left inside a 12 months. And the corporate modified fingers two extra occasions, lastly touchdown as a part of Bloomberg’s assortment.
And though I’ve tried every now and then to work with them once more, I haven’t got a really good relationship with the managing editor (I do not know why, I even requested, however simply plain do not know). So for some time there, I used to be form of screwed. So I’ve tried to diversify my earnings sources and never get too beholden to anyone shopper.
So, for example, listed below are a number of the issues I’ve executed this 12 months:
-editor of a technical journal (I’ve executed this 13, happening 14 years)
-novels (a much bigger a part of my earnings than earlier than; this 12 months I co-published a novel with my son, MONSTER SEEKER 2: Rise of the Phoenix King, a Derek Stillwater novella, GRAVEDIGGER, and a novel that includes CIA agent Monaco Grace, CHINA FIRE.
-I wrote a number of articles for a commerce journal
-I wrote web site copy for a number of totally different purchasers
-I wrote a number of white papers, with associated press releases and web site touchdown web page content material
-I edited and/or critiqued novel manuscripts for a number of writers
-I’ve had an enormous ghostwriting gig this 12 months, which is able to carry over for some time into subsequent 12 months
-I’ve edited content material for a medical database web site
-I’ve written paid weblog posts
-I write a daily 6X yearly column about newsworthy folks within the childhood weight problems analysis area
-I wrote some e-newsletters for a corporation (and edited some by different folks)
And in there I additionally wrote a nonfiction ebook proposal, which did not go wherever, though I believe it might if I had the time to analysis it higher and increase it extra.
The purpose? If you are going to be a self-employed author, ensure that your earnings comes from totally different locations.