How does one like to be aware of #1 mistake keeping most writers poor because they scramble to try and earn a living writing online?
It's easy to to make and equally easy to solve. Yet many writers fail to fix it, despite they understand the problem and know a solution could provide them with enough steady income to lay the foundation that will give them constantly essential to write their dreams a word at a time.
Any guesses?
Like me throughout the first couple of years I spent writing online, and in all likelihood as if you, most writers neglect to channel their talents into solid streams of residual income.
Don't let what "passive income" fool you. This has nothing to do with banks or mutual funds or anything like that. You are a writer, meaning building streams of residual income ought to be easier for you than most especially if you can leverage your talents for writing online.
From plumbers to teachers to lawyers, there are many professions, with salaries which range from menial to generous, where workers might have a difficult time building residual income. Because you are a writer, building assets should be as easy for you personally as seated, detailing a method, then setting your sails toward that final buoy.
It's relatively easy for writers to construct passive income, as long as you get sound advice. You're excellent with language, and information generally. Which means you are able to package and sell products of the design. You are able to synthesize difficult concepts, then simplify them with techniques that make it easy for others to understand.
That is what you do. YOU have the power of language. Harness that power to help other people, and will also be in a position to help yourself by building the passive income you deserve. Couple the strength of language using the power of the Internet, and you'll think it is remarkably easy to build passive income streams.
All you've got to do is follow this straightforward sequence.
Build your crowd, test your market, create your product and offer, then set up a landing page to collect a contact, and talk with your buyers through email.
Obviously that's a simplification of the process. There are a lot of moving parts, and it required a few years to determine how everything fits together. But the point is, you can do it.
Write a book and put it on Amazon. Publishers don't contain the cards; you do. Anyone can do it. There's a million ways to build residual income, much more than I'll ever get to in under 500 words. But trust me, modern options for an author have few limits if you're prepared to strive, remain undaunted, and learn everything you can.
And not stop building your best asset - YOU.
You can do it, and need to, because you can only trade your time and effort for money for so long. You should make as much money as possible for every word you write for the rest of your long, illustrious career.
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