One of my buddies
worked minimum wage day jobs
while she was building her writing business.
Her annual income was $22,000.
In the romance writing world,
a writer with books regularly releasing
can replace that income
in 3 years.
My buddy did that
and then took the leap to full time writing
without worrying
about a reduction in her income.
Another writing buddy is a lawyer.
She earns $200,000 a year
at her day job.
It will take decades
for a part time romance writer
to replace that salary.
I suspect this buddy
will never make the leap
to writing full time.
She worries too much
about the reduction in her income.
In industries such as publishing
with low capital costs,
having a low income or little wealth
isn’t a barrier
to starting a business.
It is an INCENTIVE to start a business.
You’re risking very little
for a possibility at success.
My writer friend
– the one who was working
the $22,000 a year day job?
She recently sold a single book
for over a million dollars.
My other writer friend
– the lawyer earning
$200,000 a year?
She continues to earn
$200,000 a year
and dreams of the day
she can write full time.