Money-Making Business Models for Writers

Are you maximizing your writing income?

Do you want to know how to increase your sales in the short-term and build your writing company?

If you have never heard of a revenue stream or a business model, you are not alone. But these are important terms that could help you become a full-time writer.

I’m Tonya Price, and I understand business. I have an MBA in Marketing and Finance from Cornell University, spent over twenty-five years as an Internet executive and have founded three successful companies including my writing and indie-publishing company, Magnolia Lane Press.

I am also a published short story author. My thriller story, “Payback” will appear in The Best American Mystery Stories of 2019. I make money selling short stories to anthologies and magazines, self-publishing the Business Books for Writers series. Unless you know revenue streams and how to use them to create a business model for your writing company you are missing a large part of your potential income from each book you write.

Money-Making Business Models For Writers is for writers who want to make money from their traditionally published books and for self-published authors who are looking to develop a long-term strategy for becoming full-time authors.

The goal of the book is to teach writers at all stages of their career how to develop a business model that will maximize your writing income.

You don’t need an MBA to read this book. I have written it without business jargon. I use my extensive business background as a way of teaching you how to improve your business skills, so you don’t need to get an MBA to become a successful writing entrepreneur. But you do need to understand business if you are going to earn a living wage as a writer because Writing is Serious Business!

In this book, you’ll learn about:

The Power of a Business Model

Chapter 1: How you will make money?

Definition of a business model and a revenue stream, real-life business model example.

Chapter 2: Creating a Great Business Model

Knowing your readers, evaluating your resources, analyzing your finances.

Chapter 3:

Successful business models for writers, the single revenue stream model, multi-revenue stream models.

Chapter 4:

A case study of a writer entrepreneur’s business model.

Part II: Developing Your Business Model

Chapter 5: The Business Model for You

Matching business models to your strengths. Changing business models, unique business models.

Chapter 6: Evaluating your Business Model

New revenue streams, checking assumptions, calculating costs, minimize the risk of failure, testing your idea.

Chapter 7: Your Business Model Timeframe

Understanding the webinar sales approach, matching your business model to your business' timeline, new revenue streams, calculating expected revenue.

Chapter 8: Your Launch Decision

Financial review, cost calculations, customer implications, process review, checking your assumptions.

Chapter 9: Your Business Model Story

Definition, importance, audiences, readers benefits, partners benefits, future planning tool. Creating your story, the three-act approach

Chapter 10:

Reaching your income goals, running a company, writing entrepreneur or manager, hiring help, enjoying the journey.

Money-Making Business Models For Writers includes tips, links to articles, a recommended reading list and a link to downloadable Worksheets for writing your business model story.

If you are a writing entrepreneur with the dream of writing full-time here are other books in the Business Books For Writers series:

The Writer’s Business Plan

Meeting The Writer’s Deadline

Complet