This week's writing challenge is all about helping you to earn more money. Too many writers get themselves stuck in a single or limited revenue stream model. This means that if one model fails them (demand drops, their site ads get banned, etc.), they're left without a backup. Yet writers have a lot of potential income streams if you think about it. Here's how I diversify my own writing income:
- Writing for clients
- Writing for my own sites (ad revenue)
- Selling an e-book
- Selling PLR business articles
- Selling reprint rights to some articles on my sites
Those are a few examples to help you find a new model to pursue. Test out whatever fits in with your style and industry. Start an e-book or report to sell. Start offering reprints for a fee. Maybe launch a membership site for an even more passive revenue model. Just start to diversify (or diversify a bit more if you're already trying).
Jenn has 18 years experience writing for others, around 13 years experience in blogging, and over 10 years experience in indie e-book publishing. She is also an Active member of the Horror Writers Association.
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Latest posts by Jennifer Mattern (see all)
- Feeling Stuck in a Freelance Writing Rut? Stop Making Stupid Choices. - May 1, 2017
- Are You Working the Wrong Freelance Writing Schedule? - April 24, 2017
- Spring Cleaning for Freelance Writers - April 19, 2017
- Modeling Your Freelance Writing Career for Ongoing Motivation - April 17, 2017
- Reader Question: Freelance Writing Niches and No Experience - April 15, 2017