I’ve got some good stuff to share.
So anyway the past couple of weeks I’ve been in a bit of a funk. A little depressed, a little overwhelmed. Lots of factors really but part of it is that I’ve been doing a lot of work without seeing much in the way of rewards.
And I knew it would be like this for awhile, but it’s still very overwhelming, I had to sit back and take stock and figure out where I’m going and what I’m doing. So here is what’s going on:
On the blog front I’m just going to blog when I feel compelled to share something. No more schedule. It’s too much stress and let’s face it, I’m not pulling the numbers I want here. I’m not sure what my “unique visitors” number is so far for this month, but lets just say I’m almost positive that my indie website has already surpassed it and I’ve only been building that (very slowly) since November.
For a long time I’ve been fascinated with the “multiple profit center” (henceforth called MPC) way of making money. Most people are conditioned to think in terms of one career. (Unless life circumstances force them to take more than one job.) One career or one business, just ONE. Or one at a time. It’s the serial monogamy of work.
But I’ve long felt there was wisdom in diversifying your income portfolio. Some things you do more for passion than for money (though let’s face it, money is a drive or you wouldn’t put it out in the world for sale.) Some things you have an equal amount of passion and drive for the money.
At this juncture I’ve probably settled on as many MPCs as I can handle at the moment. And it’s divided into three categories:
Fiction, Copywriting, and the Indie Website.
I’ve finally printed out Mated and am ready to start editing these last two novellas. I’ve got my game plan set and my cover artist picked and know where I’m going and how I’m getting there, now comes the hard part, getting the thing rewritten and edited.
So you can imagine I was thrilled to find the following review on Smashwords today:
Review by: Elizabeth Haltom on Mar. 11, 2009 : star star star star
There are a lot of books on here that are highly rated that would have benefited greatly from an editor’s pen – this isn’t one of them. Hopefully the site will get more content of this caliber – the writing is crisp, smart and highly entertaining. Bravo, Ms. Winters, and I hope we get to read more from you in the future.
This was definitely what I needed to hear at this moment. It was exactly the push I needed to keep pushing forward on the fiction. If I did it once with KEPT I can do it again with the other two and produce a fabulous book.
2. Indie Site: I’ve been working on an informational site for indie authors, and though I still have a lot of content pages to write, it’s time to start monetizing it. I’m doing several different things in that direction, one of them is consulting services. Basically doing the type of thing I did as a wedding coordinator but for indie authors and their books. Who knew wedding coordinating was going to come in so handy?
I’ve realized over the past few months that no matter how much information is readily available on how to self publish and market your work, either people just don’t read it, or they are too overwhelmed by it. Because there is a definite sector of indies who need hand-holding. And hey, I can do that so I will.
3. Copywriting: I had considered commercial copywriting a long time ago. While other people may think that product descriptions and company brochures and things of that nature aren’t “real writing,” I appreciate not having to do the same type of writing all the time and being able to get paid for my words. (Plus I find it bizarre that anyone would turn their nose up at commercial copywriting while working a full time job they hate and aren’t being paid enough for, but I digress) And commercial copywriting is the most lucrative form of writing out there. You can make healthy healthy money as a freelance copywriter.
I’d explored this option before, but considering the fact that I don’t live in a large city and I can’t do in person meetings (it’s hard for me to live on set schedules, and in person meetings…hello panic attacks.) So I figured I just couldn’t do it, even though I knew I could do the work involved.
Then I had a job literally fall into my lap. So now that I have my foot in the door with this first project I’m taking this much more seriously and am determined to find a way to make it work within my work limitations. My reasoning is…if I got that one job, over the internet, then I can get more, especially once I start delivering excellent work and getting referrals. So I got more books on copywriting and I’m getting my ducks in a row for that.
The way I see it, working consistently on all of these things will net me a healthy income within a few years. The bulk of it coming from the copywriting, next coming from the website, and third coming from the fiction. The fiction will grow over time, but it’s definitely the most slow build thing. But the fiction can only be improved by not being totally stressed out by “where is money coming from?”
Because while Tom pays the bills, it’s not easy living on one income in this economy. And it would be really fantastic if I could contribute financially and also have the safety net of knowing I could take care of myself if I ever had to.
March 11, 2009 at 7:15 pm
I was so excited to see a new post on Google Reader! Yay! Your plans sound great, and I’m really excited for you! As soon as my Authorhouse contract runs out, I’m hiring your consulting services. I’m waaaaay to lazy to do it myself. I was dreading it. This is a miracle! Yay again!
March 11, 2009 at 7:17 pm
awww, Robin, a client! And you can also be president. Wait, that’s hair club for men. Scratch that.
March 11, 2009 at 9:47 pm
Dude! I don’t need hair club for men. . . yet.
March 11, 2009 at 10:26 pm
Robin, are you really going to need hair club for MEN ever?
March 11, 2009 at 10:27 pm
It sounds like you’ve got a good plan and I agree that the “serial monogamy” model of work is silly. If it happens, great, but it’s not the only game in town. Prior to the 20th century, rich and poor alike commonly had multiple revenue sources, and it’s how much of the world still operates today.
March 11, 2009 at 10:28 pm
Hey Ann, yep. It wasn’t until the industrial revolution that most people thought of their work in terms of only one thing they did and one place they went to to work.
March 12, 2009 at 1:24 am
I like the MPC concept. Especially in this crappy economy, it makes sense.
Except that I’m finding that I just don’t have the mental stamina to do the 40+/hr per week job that (mostly) pays the bills and has that all-important health insurance plan, AND run a monetized website/blog (or the window washing service I used to do) AND get the imaginative/creative play and writing that keeps me sane and makes me happy.
One or all of those things suffer when I try to do more than about one and a quarter of any of them. I’m not sure if I’m just lazy or simply fundamentally limited when it comes to drive and mental energy. (I’m not lazy, I’m achievement-impaired!)
Sigh…
I hope the commercial copywriting thing works out. Like you say, it could be fun. (My day job is basically that, except that in practice I end up doing more managing than writing, which kinda bums me out…but the writing I get to do, I mostly enjoy.) And if it brings you enough $$ to be worth the time, what more can you ask?
Other than becoming a bestselling fiction author, I guess.
March 12, 2009 at 1:24 am
Sounds like an awesome game plan Zoe. I’m excited for you, really. It somehow gives me hope to see you goal oriented. Good for you!!
March 12, 2009 at 5:51 am
Ing, maybe, with the experience you have, you could move into some freelance commercial writing yourself. You’d probably make more than what you’re making now.
March 12, 2009 at 5:52 am
Hey Realmcovet, thanks! Hope that I wasn’t about to fall off the planet into a massive insane depression?
March 12, 2009 at 8:56 am
I hope you’ll post some more on the copywriting as you get into it more, as that’s something I’m interested in and don’t know a lot about.
March 12, 2009 at 5:11 pm
Hey Kait,
I likely will. There are a few good books out there though. Anything by Robert Bly. And then Peter Bowerman wrote a book called the Well Fed Writer, and a sequel on the topic.