Sunday, October 20, 2019
9 Surprising Ways Writers Can Supplement Their Writing Income
9 Surprising Ways Writers Can Supplement Their Writing Income 9 Surprising Ways Writers Can Supplement Their Writing Income Val Breit is the founder of The Common Cents Club, where she coaches others to take charge of their finances, their future, and their freedom so they can spend more time doing what they love (without going broke). She especially loves strategizing ways to turn a love for writing into multiple streams of income as a stay-at-home mom.Youââ¬â¢re an author. You love to write. And youââ¬â¢d love to earn a full-time income from writing, but so far, those book sales are not paying the bills. You may even wonder if you should throw in the towel on this author dream.Honestly, most authors are in that boat - myself included.But I was determined to stay with my kids rather than return to my stressful day job, so I ventured outside of the author box to discover new ways to supplement my income. Now Iââ¬â¢m excited to share with you ten of the best ways you can earn money from your book and your self-publishing skills to keep the dream alive.1. Start SpeakingAs a writer, thereââ¬â¢s a fairly good chance youââ¬â¢re an introvert like me. I had no intention of public speaking when I published my first book. Then I readà You Must Write a Bookà by Honoree Corder and vowed if I was ever invited to speak and share my experience and knowledge, I would accept.As a first-time, no-name author, I didnââ¬â¢t think it would happenâ⬠¦ until it did. Without any mention of speaking on my website, social media, or in my book, I received paid invitations to speak just a few months after publishing. Albeit nerve-racking, I connected with new readers, expanded my author platform, and even paid a few bills! Taking advantage of speaking opportunities is yet another way to earn money related to your book.2. Become a GhostwriterItââ¬â¢s always a good idea to offer a bonus item for your readers in exchange for their email address. Anyone whoââ¬â¢s already read your book is interested in what you have to say - now imagine having an entire list of those people right at your fingertips the next time you publish a book. While this strategy doesnââ¬â¢t pay immediately, it makes selling future books much easier. Not sure how to start growing your email list as an author? This free course is a fantastic place to start.8. Monetize Your BlogDo you already have a blog that youââ¬â¢re directing your readers to? Not only can you gather email addresses and build a relationship with them, you can also use affiliate links or ads to monetize it. Again, this is not a get-rich-quick method, but if you love blogging and already have traffic coming to your blog, monetizing it is fairly simple. People like Pat Flynn and Michelle Shroeder-Gardner have mastered and teach affiliate income strategies for bloggers.9. Freelance WritingLast but not least, freelance writing is another way to earn money by writing. Make a Living Writing is a great site for learning how to find writing jobs and keep a full roster of freelance clients. There are websites in just about every niche that pay $50 or $100+ per article.By saying ââ¬Å"yesâ⬠to opportunities outside your comfort zone, you can find new ways to earn money beyond your book sales.Have you tried any of these money-making methods before? Which are you most excited to try? Leave your thoughts in the comments below and weââ¬â¢ll get back to you right away.
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