Big Idea: It’s common to mention how few creators make a sustainable income from a single source like book royalties, newsletter subscriptions, or Patreon donations. However, this ignores the fact that almost every creator that endures will have diversified revenue sources.
“But most of my money comes from teaching and hosting online classes (by myself and others) and by selling a paid-subscription newsletter, The Hot Sheet. I also offer some services and consulting, but I’ve been drawing that down to focus on my own writing and publishing. Why? Because over time, I’m earning more from my writing and publishing activities. This is the way it works for most people. You don’t earn that much at first, but you keep at it. If you can stay in the game longer than others dropping away from discouragement and disillusionment, it’s possible to see results.”
Related Link: 5 ways authors can make money outside selling books
via @iainbroome.com
“But most of my money comes from teaching and hosting online classes (by myself and others) and by selling a paid-subscription newsletter, The Hot Sheet. I also offer some services and consulting, but I’ve been drawing that down to focus on my own writing and publishing. Why? Because over time, I’m earning more from my writing and publishing activities. This is the way it works for most people. You don’t earn that much at first, but you keep at it. If you can stay in the game longer than others dropping away from discouragement and disillusionment, it’s possible to see results.”
Related Link: 5 ways authors can make money outside selling books
via @iainbroome.com
