We get to the big one: making money. Or, at least, it can be the big one, if you allow it. If you want it, there are levers to pull. You may want to simply write and not be sullied by the vagaries of capitalism. Perhaps there’s a happy place somewhere in the middle.
In part 5 we poke at what we’ve done to turn our writing into an income stream of sorts. You may have noticed that neither me nor S.E. Reid are livestreaming from a mega-yacht, so use that to calibrate expectations.
Some stuff that we do cover:
* When to turn paid subscriptions on
* Expectations around growth, time, free:paid ratios and so on
* Why having a non-fiction element can really help
* The unpleasant bits: refunds, chargebacks, strange people, obligations
* The various paid models for newsletters:
* Early access
* Premium archive
* All paywalled / part-paywalled
* All free!
* Pricing, and knowing what to charge
* How all of this affects the sort of audience you are building
* Other options and platforms: Patreon, Ko-Fi, Wattpad
* Hints of ads and sponsorship on Substack
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