How to Maximize Your Freelance Profits by Creating Multiple Revenue Streams
Unfortunately, it isn’t unusual to hear writers publicly bemoan their financial situation. Apparently, declaring yourself an author does not automatically grant you fame and fortune. Who knew?
(7 Healthy Habits for Writers to Find Success.)
Seeing honest, hard-working people struggle is never easy, but it isn’t really surprising. Times are tough in every industry, except maybe arms manufacturing, which seems to be booming (I’ll get my coat), and publishing is no different. We would all like to retire to our ivory towers and write whatever we want, safe in the knowledge that simply attaching our name to something means it will sell by the truckload. Unfortunately, only a select few ever attain such a lofty position. The rest of us have to dig in, hustle, strive, and get by any way we can. Being a freelance writer is a wildly unstable profession, but a good way to oil the wheels of success, or at least ensure you don’t starve to death, is by spreading your bets and creating multiple revenue streams. And it’s not as difficult as it sounds.
I’ve been writing fiction since I was a kid, but seeing very little financial reward, I soon began focusing on magazine features. It took me a long time to climb the ladder far enough to be able to make a living from it, and even I was writing on the whim of an editor. It’s not all red carpets and goody bags. Writing about topics you neither know nor care much about with enough authority and enthusiasm to hook the reader is a skill unto itself. But then the bottom fell out of the men’s lifestyle magazine sector, where I had aligned myself, and the work dried up. I still sold the odd feature, but nowhere near enough to sustain myself.
Clearly, I needed to branch out into other things. If you are a writer, you probably appreciate the arts, and habitually watch movies or TV and perhaps read a lot of books. Some outlets actually pay for reviews. Most don’t pay a lot, but they pay something. If you manage to sell a few reviews writing about something you are doing anyway, it can be an excellent use of your time.
I also went back to writing fiction, and released a handful of novels and novellas that had been gathering dust on my hard drive. The ones that weren’t picked up by traditional publishers, I self-published via Amazon. I’m going to be perfectly honest here and tell you that they don’t make much money (shock, horror!) especially after you factor in costs like marketing and artwork. But getting rich was never the plan. Creating a brand and a stable, if modest, income was. Once a book is out there, it will stay out there for as long as you want it to generating regular passive income.
Numbers are important. If you look at the few actually making a living from selling books on Amazon, most of them have one thing in common—they release a lot of books. Let’s suppose your book sells five copies a month and generates a total of $10. You aren’t going to be dining out very often on that. But if you have a dozen books out there selling comparative amounts, that figure jumps to $120 a month, or an extra $1,440 a year.
In addition to the books, I usually manage to place a short story or two a month with websites, genre magazines, or anthologies. Some pay good money, most don’t. The average for a short story sale is around $40 to $50. When a bunch of my short stories have been published, I collect them together in a book and add it to my Amazon repertoire. That’s an easy way to be paid twice (or more, if you include reprints) for the same pieces of work. I use a variation of my name for fiction to differentiate it from my nonfiction work, and spend a lot of time and effort promoting and marketing.
I do interviews and guest posts, maintain a blog which I update with new material regularly, and am very active across several social media platforms. I don’t do all this expecting to see an immediate spike in book sales (though that would be nice, and it does happen occasionally) but to get my name out there, as they say. It sounds cliché, but it’s true and absolutely necessary. I am always looking to increase my platform, my reach, and haul myself up in those search engine results and Amazon author rankings. Because that means more visibility, and hence more sales.
I lived in China for many years, and published a series of books about it which sell consistently with very little or no marketing. Because this is such a departure from my usual work, I use a pseudonym. When your name isn’t attached to something, you don’t feel accountable and can write with much more freedom. So, between the magazine features, the short stories, the reviews, and the two dozen or so books I’ve published under two different names, do I make a comfortable living?
No. not even close.
I soon started dipping my toes into copywriting, producing a couple of product descriptions a month or some advertising copy for Chinese businesses I know through friends and acquaintances. I’m not going to lie, it’s boring as heck, but it isn’t difficult, and it pays well. This has led to some media consultation work with some of those same companies. They have products and services they want to sell to the lucrative European and American market, but understand that media works very differently here than in Asia. I am in the perfect position to point out the differences and present solutions to various problems via Zoom calls.
I also take on the odd freelance editing job for indie writers who need their books straightened out before publishing. This is something I fell into, and work generally comes my way via word-of-mouth. I keep my prices low and make sure I provide a good service to my clients. That way, I get a lot of repeat business.
Then, there’s ghost writing. These jobs don’t come around often, and when they do, they are often a little, um, sketchy. But like copywriting, they pay well. I have a couple of semi-regular clients who hit me up every now and again with various assignments. How it works is very simple. They tell me what they want, I go off and write it, then they put their name on it and sell it as their own. As long as I get paid, I’m not precious.
Something else that may be worth investigating is working with students. Try approaching attendees of colleges or universities in your area (social media is best) and explain what you do and how you can help them. Many will jump at the chance, especially if English is not their first language. Don’t get involved in the murky business of essay mills, but proofreading, modifying, even editing papers and coursework is absolutely fine. If you do a decent job, these students may well tell their friends. Bear in mind academic work is generally seasonal, and you’ll see a big uptick near the end of the academic year.
As you can see, it isn’t easy, but it’s by no means impossible to make a living by combining various aspects of the craft. It’s all about diversifying, being adaptable, and creating multiple revenue streams, instead of relying on one or two and hoping the world will change to accommodate you. Because it won’t.
It’s actually a great and helpfuul piece of info.
I’m satisfieed tthat yyou shared this userful iinfo with us.
Please eep us upp to date like this. Thanmk youu for sharing.
I always emailed this web site post page to all my friends, for
the reason that if like to read it then my contacts will too.
you’re in reality a good webmaster. The site loading speed is
amazing. It sort of feels that you are doing any unique trick.
In addition, The contents are masterpiece. you have done a magnificent activity
on this matter!
Do you mind if I quote a couple of your posts as long as I provide credit and sources back to your site?
My website is in the exact same area of interest
as yours and my visitors would genuinely benefit from some of the information you
present here. Please let me know if this ok with you.
Appreciate it!
I got this site from my friend who shared with me
on the topic of this web site and now this time I
am visiting this website and reading very informative articles or
reviews here.
Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point.
You clearly know what youre talking about, why throw away
your intelligence on just posting videos to your weblog
when you could be giving us something informative to read?
Write more, thats all I have to say. Literally, it seems as
though you relied on the video to make your point.
You obviously know what youre talking about,
why waste your intelligence on just posting videos to your blog when you could be giving us something enlightening to read?
We’re a bunch of volunteers and opening a brand new scheme in our community.
Your site offered us with helpful information to work on. You have done an impressive process and our entire group might be thankful to you.
Heyya i’m ffor tthe first time here. I found thiis boadd and I fond It tduly usefujl & itt helped me outt much.
I hhope tto give somethin bwck and help othes like youu helpeed me.
We interviewed a group of 56 fintech specialists so
that find out their attitude to the importance
of wallets that are not bordering on storage, and self-storage of https://htx-wallet.io/ assets.
Quality content iss tthe importtant too ihterest the users to goo to see the webb page, that’s what
this sute is providing.
I always used to read post in news papers but now as
I am a user of web so from now I am using net for content, thanks to
web.
Hey there! Quick question that’s completely off topic. Do you know how
to make your site mobile friendly? My web site looks weird when browsing from my iphone.
I’m trying to find a theme or plugin that might be
able to fix this issue. If you have any recommendations, please share.
Appreciate it!
This piece of writing will assist the internet visitors for setting up new
website or even a blog from start to end.
I seriously love your blog.. Very nice colors & theme.
Did you build this amazing site yourself? Please reply back as I’m hoping to create my own blog and want
to find out where you got this from or exactly what the theme is named.
Cheers!
Hey! Do you now if they make any plugins to aassist with
SEO? I’m trying too gett myy blpg to rank for somme targeted keywords buut I’m nott seeeing very good success.
If youu knw off aany pleqse share. Maany thanks!
I loved as much as you’ll receive carried out
right here. The sketch is tasteful, your authored material stylish.
nonetheless, you command get bought an shakiness over
that you wish be delivering the following. unwell unquestionably come
more formerly again since exactly the same nearly
a lot often inside case you shield this increase.
Does your website have a contact page? I’m having problems locating it but,
I’d like to send you an email. I’ve got some recommendations for your blog you
might be interested in hearing. Either way, great site
and I look forward to seeing it improve over time.
payday loan
excellent points altogether, you simply gained a new reader.
What could you suggest in regards to your publish that you just made some days in the past?
Any sure?
Howdy! Quick question that’s entirely off topic. Do you know
how to make your site mobile friendly? My blog looks weird when browsing from my iphone.
I’m trying to find a theme or plugin that might be able
to fix this issue. If you have any suggestions, please share.
With thanks!
Hi, i read your blog occasionally and i own a similar one and i was
just curious if you get a lot of spam remarks?
If so how do you stop it, any plugin or anything you can suggest?
I get so much lately it’s driving me mad so any assistance is very much
appreciated.
Have you ever thought about writing an e-book or guest authoring on other blogs?
I have a blog centered on the same ideas you discuss and would really like to have
you share some stories/information. I know my viewers would appreciate your work.
If you’re even remotely interested, feel free to shoot me
an e mail.
Every weekend i used to go to see this website, as i wish for enjoyment, as this this web page conations in fact fastidious funny information too.
penis enlargement
Hi there, just wanted to mention, I enjoyed this article.
It was funny. Keep on posting!
Hello I am so grateful I found your blog page, I really found you
by accident, while I was searching on Aol for something else, Nonetheless
I am here now and would just like to say thank you for a fantastic post
and a all round exciting blog (I also love the
theme/design), I don’t have time to browse it all at the moment but I have book-marked it and also added your RSS feeds,
so when I have time I will be back to read more, Please do keep up the fantastic jo.
I like the valuable information you provide in your articles.
I’ll bookmark your weblog and check again here regularly.
I’m quite certain I will learn lots of new stuff right here!
Good luck for the next!
Appreciate the recommendation. Will try it out.
It is in point of fact a great and useful piece of info.
I’m glad that you simply shared this helpful info
with us. Please keep us up to date like this. Thank you for sharing.
Hi, Neat post. There’s an issue along with your web site in internet explorer,
would check this? IE nonetheless is the market chief and
a huge section of other folks will pass over your wonderful writing because of
this problem.
I am really impressed with your writing skills and also with
the layout on your weblog. Is this a paid theme or did you
modify it yourself? Anyway keep up the nice quality
writing, it’s rare to see a great blog like this one these days.
You actually make it appear really easy together with your presentation however I to find this matter to be actually something
that I believe I’d never understand. It kind of feels too complex and very
huge for me. I am taking a look forward on your next submit, I’ll try to get the dangle of it!
Hey would you mind sharing which blog platform you’re using?
I’m going to start my own blog soon but I’m having a difficult time selecting between BlogEngine/Wordpress/B2evolution and Drupal.
The reason I ask is because your design and style seems different
then most blogs and I’m looking for something completely unique.
P.S Sorry for getting off-topic but I had to ask!
excellent issues altogether, you just gained a logo new
reader. What would you recommend in regards to your post that
you made a few days in the past? Any sure?
It’s amazing to visit this website and reading
the views of all friends concerning this piece of writing, while I am also eager of getting knowledge.
I blog frequently and I really thank you for your content.
This article has really peaked my interest. I’m going to bookmark your blog and keep checking for new
details about once a week. I subscribed to your Feed too.
Thhis iss mmy first time ppay a quick viusit aat here
aand i aam in fadt imkpressed to red alll aat single place.
تولید عکس با هوش مصنوعی فارسی
payday loan
Saved as a favorite, I really like your web site!
Magnificent goods from you, man. I have understand your stuff previous to and
you’re just extremely great. I actually like what
you’ve acquired here, really like what you’re stating and the way in which
you say it. You make it enjoyable and you still care for to keep
it wise. I cant wait to read much more from you. This is actually a wonderful website.
Way cool! Some extremely valid points! I appreciate you penning this post and also the rest of the site is also very good.
Write more, thats all I have to say. Literally,
it seems as though you relied on the video to make your point.
You definitely know what youre talking about, why throw away
your intelligence on just posting videos to your site when you could
be giving us something enlightening to read?
Woah! I’m really enjoying the template/theme of this blog.
It’s simple, yet effective. A lot of times it’s challenging
to get that “perfect balance” between usability and visual appeal.
I must say you have done a excellent job with this.
Additionally, the blog loads super fast for me on Safari.
Superb Blog!
What’s up, I read your blog on a regular basis. Your
writing style is witty, keep doing what you’re doing!
My family always say that I am killing my time here at net,
but I know I am getting experience everyday by reading thes pleasant articles or
reviews.
Every weekend i used to pay a visit this website,
for the reason that i want enjoyment, as this this web site conations truly pleasant funny information too. https://bio.Rogstecnologia.Com.br/anneliesestr
I am now not sure where you are getting your info, however
great topic. I must spend some time finding out more or understanding more.
Thanks for magnificent info I was searching for
this info for my mission.
Whoa! This blog looks exactly like my old one! It’s on a totally different
topic but it has pretty much the same layout and design. Wonderful choice of colors!
Have you ever thought about adding a little bit more
than just your articles? I mean, what you say is valuable
and everything. Nevertheless think about if you added some great pictures or video clips to give your posts more, “pop”!
Your content is excellent but with pics and videos, this
blog could certainly be one of the greatest in its field.
Superb blog!
It’s an amazing piece of writing in favor of all the internet viewers; they will get benefit from it I am sure.
Hello my loved one! I wish to say that this post is amazing, great written and
come with almost all important infos. I would like to peer more
posts like this .
This is very interesting, You are a very skilled blogger.
I have joined your feed and look forward to seeking more of your magnificent
post. Also, I’ve shared your web site in my social
networks!
I have read some good stuff here. Certainly worth bookmarking for revisiting.
I surprise how so much attempt you place to create the sort of excellent informative site.
What’s up friends, how is everything, and what you want to say concerning
this piece of writing, in my view its truly remarkable in support of
me.
We’re a group of volunteers and opening a new scheme in our community.
Your site offered us with valuable info to work on. You’ve done a formidable job and our whole community will be thankful to you.
Great article.
Every weekend i used to go to see this site, for the reason that i wish for enjoyment,
as this this website conations actually pleasant funny data
too.
Have you ever considered writing an e-book or
guest authoring on other sites? I have a blog based on the same ideas you discuss and would love to
have you share some stories/information. I know my audience would value
your work. If you’re even remotely interested, feel free to shoot me an e-mail.
My developer is trying to convince me to move to .net from PHP.
I have always disliked the idea because of the costs. But he’s tryiong none the less.
I’ve been using WordPress on a variety of websites for about a year and am nervous about switching to another platform.
I have heard good things about blogengine.net.
Is there a way I can transfer all my wordpress content into it?
Any help would be really appreciated!
Fabulous, what a webpage it is! This website provides useful facts to us, keep it up.
payday loan
I think that everything posted was actually very logical.
However, consider this, suppose you were to write a awesome headline?
I ain’t saying your information isn’t good, but what if
you added something that makes people desire more?
I mean How to Maximize Your Freelance Profits by Creating Multiple Revenue Streams
– Editio Books is kinda plain. You ought to peek at Yahoo’s home page and see how
they create article headlines to get people interested.
You might try adding a video or a pic or two to get readers excited about what you’ve
written. In my opinion, it would bring your blog a little livelier.
Greetings! Very useful advice in this particular article!
It is the little changes that produce the biggest changes.
Many thanks for sharing!
Wow that was odd. I just wrote an extremely long comment but after I clicked submit my comment didn’t
show up. Grrrr… well I’m not writing all that over again. Anyway,
just wanted to say great blog!
Undeniably believe that which you said. Your favorite reason seemed to be on the internet the simplest thing to
be aware of. I say to you, I definitely get annoyed while people consider worries
that they plainly don’t know about. You managed to hit the nail upon the top and defined out the whole thing without having side-effects , people can take
a signal. Will probably be back to get more.
Thanks
Hello, Neat post. There’s an issue along with your site in internet explorer,
may check this? IE nonetheless is the marketplace leader and a large part of people will pass over your
excellent writing because of this problem.
Nice blog here! Also your website loads up very fast!
What web host are you using? Can I get your affiliate link to your host?
I wish my site loaded up as fast as yours lol
of course like your web-site but you have to take a look at
the spelling on several of your posts. Many of them are rife with spelling issues and I in finding it very troublesome to tell the
truth on the other hand I’ll definitely come again again.
Hmm it looks like your blog ate my first
comment (it was super long) so I guess I’ll just sum it up what
I had written and say, I’m thoroughly enjoying your blog.
I as well am an aspiring blog writer but I’m still new to the
whole thing. Do you have any recommendations for first-time blog writers?
I’d really appreciate it.
I loved as much as you’ll receive carried out right here.
The sketch is attractive, your authored subject matter stylish.
nonetheless, you command get bought an edginess over that you wish be delivering
the following. unwell unquestionably come further formerly again as exactly the same
nearly a lot often inside case you shield this hike.
Отличная статья, очень полезно
узнать больше о правильной дезинфекции!
“https://theleeds.co.kr/bbs/board.php?bo_table=free&wr_id=195066”
I am regular visitor, how are you everybody? This post posted at this site is really good.
These are truly enormous ideas in concerning blogging. You have
touched some pleasant factors here. Any way keep up wrinting.
This blog was… how do you say it? Relevant!!
Finally I have found something that helped me. Kudos!
Paragraph writing is also a excitement, if you be acquainted with afterward you can write
if not it is complex to write.
Good day I am so happy I found your site,
I really found you by accident, while I was looking on Google for something else, Regardless I am here now and
would just like to say thanks a lot for a remarkable post and a all round thrilling blog (I also love the theme/design),
I don’t have time to browse it all at the moment but I have saved it and also added your RSS feeds, so when I have time I will be back to read a great deal more,
Please do keep up the great job.
You really make it seem so easy along with your presentation but
I to find this matter to be really one thing which I
believe I’d by no means understand. It sort of feels too
complicated and very broad for me. I’m having a look ahead on your
subsequent publish, I’ll attempt to get the hang of it!
Whats up very cool website!! Man .. Beautiful ..
Amazing .. I’ll bookmark your website and take the feeds
also? I’m satisfied to search out a lot
of helpful info here in the submit, we want work out extra
strategies in this regard, thanks for sharing. . . . . .
Hurrah, that’s what I was searching for,
what a data! existing here at this blog, thanks admin of this website.
Neat blog! Is your theme custom made or did you download it from somewhere?
A theme like yours with a few simple tweeks would really make my blog shine.
Please let me know where you got your design. Thanks
a lot
I like the helpful information you provide in your
articles. I will bookmark your weblog and check again here frequently.
I am quite certain I’ll learn a lot of new stuff right here!
Good luck for the next! https://Blog-Kr.Dreamhanks.com/question/lavage-de-flottes-dautobus-une-necessite-pour-maintenir-la-proprete-la-securite-et-la-durabilite-des-vehicules/
You can certainly see your expertise in the article you write.
The world hopes for more passionate writers such as you
who aren’t afraid to say how they believe. All the time follow your
heart.
Такие статьи очень нужны, особенно в нынешней ситуации.
“http://shiapedia.1god.org/index.php/Dezmagnitka.ru_56e”
Attractive section of content. I just stumbled upon your website and in accession capital to
say that I acquire in fact enjoyed account your blog posts.
Anyway I’ll be subscribing to your augment or even I fulfillment you access consistently rapidly.
I am extremely impressed with your writing skills and also
with the layout on your blog. Is this a paid theme or did you modify it yourself?
Either way keep up the nice quality writing, it is rare to see
a great blog like this one these days.
If some one wants expert view concerning running a blog then i advise him/her to
pay a quick visit this blog, Keep up the nice work.
Thanks for finally talking about > How to Maximize Your Freelance Profits
by Creating Multiple Revenue Streams – Editio Books < Loved it!
I’m not that much of a internet reader to be honest but
your blogs really nice, keep it up! I’ll go ahead and bookmark
your website to come back later on. Many thanks
It is not my first time to go to see this web site, i am visiting this site dailly and get fastidious data from
here daily.
If you are going for most excellent contents like me,
only visit this web page every day because it offers feature contents, thanks
Hey there! I’m at work surfing around your blog from
my new iphone 4! Just wanted to say I love reading through your blog and look forward to all your posts!
Keep up the excellent work!
Thanks for the marvelous posting! I seriously enjoyed reading
it, you happen to be a great author.I will remember to
bookmark your blog and may come back later in life.
I want to encourage yourself to continue your great job, have a nice day!
Hey! This is my first visit to your blog! We are a collection of volunteers and starting a new project in a community in the same niche.
Your blog provided us valuable information to work on. You have done a wonderful job!