Being A Financially Responsible Writer

Whether you’re a natural Shakespeare or a merely passable writer the future of your career hangs on being a financially responsible writer. Aside from logging invoices and saving copies of work – regular goal-setting and simple math can keep you in business. Here’s a few quick fiscal tips to keep you writing instead of counting outstanding balances:

Budget | Being a Financially Responsible Writer

Just hit this button, and you’re done! Okay, but seriously, let’s talk money.

Respect Your Anticipated Minimum Cost

You’re not like other businesses. You’re a freelance writer. Nearly all your business expenses come from the same cost of keeping up your home: mortgage, internet bill, computer maintenance, etc. If you’re writing as an only source of income then don’t forget to include any student debt, credit card dues, even loan balances and interest.

Even if your debut in the industry is in its infancy; don’t let employers talk you into being paid less than the minimum required to keep your life moving forward. Don’t let beginner-mentality count your starting pay.

Some bloggers will direct new writers to low-ball their entry-price to get attention from clients. That strategy may be worth running if your goal is to get your first ratings and reviews, otherwise stick your original financial outline.

Adjust Your Profit Margin

plan: dont panic bitstream vera serif 2 | Being a Financially Responsible Writer

Breathe! You won’t being worrying about the risk of change as long as your take smart steps.

Freelancing, like most things worth doing, comes with a healthy dose of risk. The most consistent pattern of the writers market is that it’s consistently changing. Everything from formatting, to sourcing, right down to which publisher’s in business is subject to change any day of the year. All of which, can have an effect on your income.

Proofing your income for change requires diversifying your clients, and over-shooting your goals. Keeping all your eggs in one client’s basket is never a smart move. Trickle income from multiple sources so you still have momentum if one goes south.

Keeping your lifestyle dry on the shores of chance require you to keep a safe distance from the tide. Set yourself up to make at least a few hundred dollars above the cost of your lifestyle on a perfect month. That margin will soften the impact when life inevitably bumps into the details of your work life.

Save Taxable Information

Needless to say, every one of those invoices belong in a dedicated folder. Receipts and statements for internet, computer maintenance, and software all turn into tax write-offs, which the self-employed are entitled to. Even travel expenses for research can return as good tax-karma.

These tips aren’t going to full-proof your career. Quality will always be king of the market. The better your writing the better your payout, and the easier it will be to manage your budget. Creatives belong in environments where hours can be poured into the originality and impact of their content. Getting there isn’t easy, and neither is the stress that comes with financial independence. Just keep calm and follow a smart plan so you can enjoy more time doing what you love.

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Turn Editor Criticism Into Profit

Turn Editor Criticism Into Profit

Modern writers waiting weeks for their next assignment often don’t know how to turn editor criticism into profit. New writers frequently miss wide margins of opportunity by neglecting follow-ups, and not considering rewrites. However, frequent and competent communication is your best tool to keep yourself employed. That’s because editors are agents of a business requiring them to coordinate a broad array of writers with different skill-sets into a cohesive brand. Demands on the editors time and focus are steep. Often editors may come across sharply. But they don’t have time to sugarcoat or sometimes even explain why something compromises their style-guide or brand-voice. It’s up to you to decipher the enigmatic thoughts of these publishing gods if you want to get paid. Here are some important points to keep in mind when receiving that dreaded rejection email:

Don't be a Creep! Tip #3: Learn how to deal with rejection. | Turn Editor Criticism Into Profit

When sensitive newspaper outlets warn readers about the threats of rejection before they become writers.

Don’t Complain Because an Editor Rejected Your Work Due to Personal Taste

It comes with the career. The whole point of their job is to exercise personal discretion. To protect the voice and image of their publication’s brand, and it’s direction. Sometimes that editor is the brand! Especially if you’re working for a blogger or small business owner. Don’t pity yourself because the “powers-that-be” want you to “jump through hoops.” Learning to appeal to the preferences of individuals or small groups is the name of your business. Your success as a writer primarily comes your ability to perceive critical insights about your writer. Treat style-guides like your religious-text. When they hit with you with criticism that’s not in the style-guide, amend your copy to include it. Which brings us right next to our next section:

Log Every Critique to It’s Respective Client

The first thing I do when I acquire a new client is create a folder for them on my desktop. They’re clearly too important for the Documents folder. Inside of that folder I’ll create three more folders. Drafts incubate in the first folder awaiting judgement day. Whether they are accepted or rejected will decide which of the other two folders they go to next.

Human cooking in purgatory | Turn Editor Criticism Into Profit

There’s also a secret purgatory folder where drafts marinate in rewrite-juice until they’re ready for acceptance.

Paid submissions honestly don’t tell me as much as rejected submissions do. I write headers on rejected submissions with my editor’s name, and a summary of his criticism. My amendments to client style-guides are categorized depending on the subject matter of the criticism. This makes it easier to reference when needing specific information about client grammar-preferences, or the direction your client is trying to take their publication. Remember, all feedback is good feedback. Editors aren’t sitting there waiting to tear apart another writer’s dreams. They’re usually rushing to meet deadlines of their own. Not to mention, the expectations set upon them by readers – and their own superiors – are very high. Editors need the most finished-quality work they can publish. Help them help you: and you can expect an ongoing stream of assignments.

Never Turn Down Rewrite Opportunities

Half my rejected submissions are saved with simple rewrites. Most of the time editors can’t publish a work due to minor errors. Sometimes, they’ll cut or add to work themselves. Other times, they can’t be expected to manage your work-load with their own. Especially if entire sections of your article need to be redone. The enhancements usually aren’t rocket-science. A simple grasp for the subtleties of editorial writing will take your work a long way.

International Space Station and Earth (NASA, 09/05/09) | Turn Editor Criticism Into Profit

Don’t worry Buzz, all I had to do was add a comma.

Most importantly, don’t forget to proofread! Sending in your submission with even a quick once-over is an easy way to turn-off a writer to your work. You’ll save yourself the trouble of most your rewrites if you glance over your draft at least once looking for basic errors.

Adapt

Adapting to a rapidly changing industry is a professional skill that will help you excel nearly anywhere. Versatility requires careful attention to detail, professional emotional management, and reasonable time management. Understanding that your career is not about the easy 15 minute write-up is the first preconception most writers need will abandon to fit in with the mold of lifelong writers. Whether you’ll have assignments to support your lifestyle is dependent on your ability to build meaningful relationships, and meaningful content.

You build meaningful relationships by anticipating your client’s needs, communicating clearly, and expressing you clearly understand what’s needed. This requires researching your client before submitting a cover letter. End all of your communications with a question to keep them engaged. Reply to emails promptly, and with finished-quality work. Look at every communication with your client as an opportunity to offer professional empathy. Show you understand the urgency to produce material relevant to their audience while meeting the demands of their superiors. Adapting to your audience is the smartest way to turn editor criticism into profit.

How to Write E-books Faster

How to Write E-Books Faster

After you’ve published your first novel online you may be asking yourself how to write e-books faster. It makes sense. Write more e-books. Sell more e-books! It’s basic business sense and it can make the rhythm of your writing life more enjoyable. Follow these easy tips on how to write e-books faster for a sustainable long-term writing career:

Be Realistic. Write a Short Format E-Book.

Depending on your genre of specialty you’ll opt for a format that fits your niche. Bloggers tend to choose an extended list-format because it’s easy to adapt the same voice from their blogs. Include the more useful bytes that can legitimately help your reader reach a goal. This is a style of e-book you can exhibit on a page alongside the rest of your publications: expanding on different angles of your niche.

The Leeds Library | How to Write E-Books Faster

How readers should feel browsing your e-book store.

You might even consider releasing one chapter of your e-book at a time, to keep your readers coming back. Since chapter-length publications naturally have a smaller price-point and a faster release-schedule I’d recommend offering it concurrently with your full-length works, and weigh their value yourself. You may prefer only chapter-length releases if you only write fiction and/or personal works that can draw a recurring audience.

Collectible quote-books are also a useful method of adding value to purchases as a free bonus to their cart, or as a cornerstone for your brand-image. Friendly gestures, like free e-books, for signing up with a blog subscription is a classic maneuver to bring buyers back to your site when they get the mail. Given that quote-books can take a more personal tone you might consider positioning this work as a cornerstone of your blog’s voice. It’s very similar to list-type e-books, except your headers would be quotes containing insights to messages your brand agrees with, and why.

Remember to Regiment

There’s no replacing commitment to a stable writing schedule. Most of the people failing in the writing industry are failing because they don’t write regularly. You’re not likely to make a living from writing unless you invest a nearly full-time effort into your writing. At the birth of your career expect to write 5 thousand words-per-day minimum, just to maintain momentum. Writing just one book leaves a lot of money on the table. A frequently updated library of e-books frequently has a higher return on readership.

avid reader | How to Write E-Books Faster

This is your follower after buying your signature series. Just imagine your book in their hands instead of Harry Potter.

I use productivity apps, like Any.do and Evernote, to manage my time and organize my notes. Creating realistic habits – like 45 minute writing sessions broken by 15 minute breaks – fosters a natural writing environment. More importantly, you need to commit to actually writing during your writing sessions. Unless you’re writing fiction, minimize the time you spend researching by keeping an organized list of links to credible sources relevant to your subject.

Develop an outline for brainstorming to cut cost to your time. Take a formulaic approach to your titles and headlines separating the subject, angle, and hook to make content production fluid. Keep logs of all your ideas and sources, whether you like them at the moment or not. It will serve as your only creative reservoir beyond creative-commons. You never know when an old thought may fit perfectly into a new idea.

Broaden Your Distribution

The most important point of your e-book writing career is launch day. It’s going to tell you in plain math what works for you and what doesn’t by sampling all of your opportunities. On day 1 your book cover needs to be on Amazon Kindle, iBooks, Outskirts Press, and Notion Press as a minimum expectation for your own exposure. Take all of the free opportunities you can, but paying for premium self-publishing services can make your income livable sooner.

monopoly-e-commerce | How to Write E-Books Faster

Everyone always buys Google and Yahoo the first chance they get.

As your income stacks, measure the value of each project and judge which platforms are worth your time and effort. Your social media following will tell you what markets want more, and which e-books they’re enjoying.

Knowing how to write e-books faster is key to to producing your own career in the self-publishing industry. It isn’t impossible, but it will be difficult for a writer with a weak sense of commitment. Developing this skill requires you to assess the value of your writing career. Unless you’re prepared with a responsive audience in the millions your profit margin is going to come from the growth of your own production and marketing.