Our theme for Tuesday's issue of Fab Freelance Writing Ezine is "make more money from your writing".
Here's an excerpt from the editorial:
Our theme this week is "make more money from your writing". The simplest way of course is to increase your rates. I know that the HOW of this concerns many writers, so our article "Extra Money from Your Writing: Increase Your Rates" shows you how to do this efficiently.
Tip – diversify: it's essential
Here's a tip that's always worked for me to increase the money I make: diversification.
Several different income streams are always better than one.
For example, one writing student I'm currently coaching Tim (not is real name) has been making a good income blogging. However, he knows he could be making much more money, so he wants to create some residual income streams. With products bringing in money, he isn't simply trading hours for money.
Together we've mapped out a program for him which includes several Web sites, a couple of ebooks and a membership forum. Once he's created these products, they'll all add to his income over 2009. Not only that, each product will also continually increase the income it provides. Tim knows that in three years or less, these products alone will bring him a six figure income.
Tip – diversify: it's essential
Here's a tip that's always worked for me to increase the money I make: diversification.
Several different income streams are always better than one.
For example, one writing student I'm currently coaching Tim (not is real name) has been making a good income blogging. However, he knows he could be making much more money, so he wants to create some residual income streams. With products bringing in money, he isn't simply trading hours for money.
Together we've mapped out a program for him which includes several Web sites, a couple of ebooks and a membership forum. Once he's created these products, they'll all add to his income over 2009. Not only that, each product will also continually increase the income it provides. Tim knows that in three years or less, these products alone will bring him a six figure income.
Fab Freelance Writing Ezine is completely free for subscribers. Each week's issued is packed with tips to help you to make money writing. Subscribe now.
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