Lindsay - September 2, 2021Jo, Lindsay, and Andrea are back from their summer hiatus! On this week’s show, they discuss what to do if you’re an author with a few (or more) books or series out, but you’re not earning the kind of income you expected. They discuss several things to consider if you’re trying to hit five or six figures a year in earnings from your books.
News:
Everyone released new books over the summer and spoke about how things are going.
Main topic: How to go from hobby money to earning a full-time income
- Focus on one specific niche in one specific genre.
- Redo covers and blurbs (check out Libbie Hawker’s Gotta Read It!: Five Simple Steps to a Fiction Pitch that Sells and/or her YouTube videos on the subject).
- Analyze the data from your existing books and double down on your winners.
- Write novels, and don’t look for short-cuts just to get more work out there (if you’re struggling with productivity, check out Rachel Aaron’s 2K to 10K).
- You don’t have to “write to market,” but make sure you’re publishing commercially viable books — things that fit soundly into a store category and are in the same vein as books that are selling well.
- Release new books consistently.
- Be generous, and give things away for free to turn readers into super fans.
- Realize that you have to put in the hours each week if you want to take writing from a hobby to a full-time income.
- Try to bring in multiple sources of income, and be mindful of getting a return on your investment.
Thanks for listening, and thanks to Joshua Pearson for producing the show. If you want to join the Facebook group, we’re there under Six Figure Authors.
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