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Financial Advice for the First Time Writer
Avoid overspending and establish good financial habits to help your business kick off
“Almost anyone can be an author; the business is to collect money and fame from this state of being.” A.A Milne.
You want to be a Writer. A proper, full time Writer: You want to quit the day job and live off your creativity, become your own boss.
On the surface, being a Writer might seem like the easiest career to move into. Just pick up a pen and write something, right?
Putting aside all the problems you face regarding plot, theme — actually writing the blasted thing! — Becoming a full time Writer is actually more complicated than that.
The truth is, writing is no different than starting any other kind of business. Yes, that’s right: writing is a business. If you want to be a full time Writer, you need to look at it in the terms of starting your own business.
This requires planning, products or services to sell; and it requires financing.
From the initial stages, becoming a Writer requires some financial input, no matter how insignificant, and it’s important you take note of these investments from the start. As your business progresses, your financial investment will increase…