Let’s talk about money.
Talking about money is a little like farting in public.
Do it and you tend to make the people around you feel awkward and uncomfortable.
And I think this is especially true of writers.
What with our sensitive writerly feelings and all.
But here’s the deal:
We’ve got to talk about money.
Because if we don’t, we’ll miss out on the whole point of this 90 Day Writing Challenge.
The whole point being to build a money-making writing business!
Now, I’m not saying money is the be-all and end-all reason for building a writing business. It’s not.
For me, a writing business means more time with my family … an opportunity to master a challenge skill … the satisfaction of doing meaningful work -- just to name a few.
I love those things WAY more than money.
But those things would be a lot tougher to enjoy without money.
And since we want to build a money-making writing biz, the kind of writing we’ll focus on over the next 90 days is copywriting.
Why copywriting?
Because copywriting is probably the quickest way to make money writing. And it’s also one of the most lucrative ways.
Can you make money blogging or proofreading or self-publishing?
Absolutely.
But when it comes to getting quick and lucrative results, copywriting is king.
In fact, I’m confident that by the end of this 90 Day Writing Challenge you could be making an extra $1,000/month (or perhaps much more) with a freelance copywriting business.
Now maybe an extra $1,000/month doesn’t sound like that much to you.
But consider this:
That extra $1,000/month adds up to $12,000 per year.
And if you wanted to make an additional $12,000 per year at a traditional job (based on an average 3% annual pay raise) you’d need to be earning a $400,000/year salary!
But as a freelance copywriter you can easily give yourself a $12,000/year raise… working just a few hours a week doing something you love.
That’s awesome!
Of course, you don’t have to settle for $12,000 a year.
You could aim for $30,000/year…
Or $50,000/year…
Or $100,000/year…
But whatever amount lights your fire, you must make sure to…
Give Yourself A Clear Financial Goal!
The most important first step in building your writing business is BELIEVING you can make money writing.
And the immediate next step is setting a clear financial goal for your writing business.
A lot of writers fail to set clear financial goals for their writing business.
And as a result, they end up making a lot less money with their writing business than they could.
That’s not what I want for you.
I want you to be surprised, delighted, and amazed by the kind of money you’ll soon be making with your writing business.
And if that’s what you want for yourself, here’s your assignment:
Give your writing business a clear financial goal for 2018.
Let me show you what I mean by a clear financial goal:
I want to make $100,000 with my writing business in 2018.
That’s my financial goal. But it’s not yet a clear financial goal.
To give my goal clarity I’ll break it down by month, week, and day, like so:
$100,000 in 2018!
$8,300 per month
$2,000 per week
$400 per day
My brain doesn’t quite know what to do with the goal “$100,000 in 2018” because it’s too abstract.
But $400 per day?
Yeah, my brain gets that because it’s a clear financial goal.
And because it’s a clear financial goal it’s much easier for my brain to look for ways to achieve that goal.
So break your financial goal down by year, month, and day. You’ll have an easier time achieving your goal that way.
One more thing:
I recommend making your financial goal exciting, maybe even a little scary, but do-able.
For example, if you’ve never made any money writing before, then $100,000 a year may not be a do-able goal.
You might be more motivated by $1,000/month -- a very do-able financial goal for a beginner.
(On the other hand, I’m not about to stop you from going for $100,000 -- who am I to say what you can or cannot achieve?)
But generally speaking, having a financial goal that’s just a little bit out of reach is the best way to stay motivated.
So set a clear financial goal for your writing business.
And in the upcoming emails we’ll look at how to turn your financial goal into your financial reality.
Stay hungry and keep hustling,
Paul “show me the money” Buzan
P.S. -- We’ll be talking a fair bit about money over the next 90 days. And words like “money” can sometimes get an email flagged as spam.
I don’t want you to miss out on anything that’s headed your way.
So I’d recommend flagging me as a safe or trusted sender via Gmail, Yahoo, or whatever email client you use.
That way these emails will always land in your inbox.
And you won’t miss out.
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