Can I Make Money from Writing Fiction?
I decided to start producing my Monthly Earnings Report because I am learning how to make money from my fiction writing business and wanted a way to keep track of my progress.
I want to make money from my fiction writing. There, I said it out loud. I put it out there in the Universe. I currently write short romance stories under the pen name Audra Bell and publish primarily on Amazon. My aim is to build up my fiction writing business so that I can create a full-time income doing something that I love and where I can become location independent.
I enjoy the job that I currently have but nothing can ever beat the feeling of pure freedom to create your own schedule and the ability to be responsible for your own earnings.
My Monthly Earning Target
I knew that it was important to set a target to aim for each month so that I could measure what worked, what didn’t work and where I needed to improve things. I wasn’t sure how to set a monetary target so I decided to set an initial target and simply double that figure each month.
The goals that I set for myself are (in my opinion) very conservative. I expect my earnings to grow gradually and at a steady pace. I don’t expect to make a million in 30 days or anything like that 🙂
What is Included in My Monthly Earnings Report
So I set my monthly targets and knew that I had to keep a record of each month’s achievement. I decided to set up a monthly earnings report, which records the following figures:
- Earnings from my kindle books
- Earnings from my Amazon affiliate links
- Earnings from other affiliate links
- Earnings from my PLR store
I am also keeping track of the number of new subscribers I collect for this site and my author website. Many people have said that the money is in the list so it is really important to build up a list of people who are interested in hearing from me about my online endeavours here and about the books that I publish and sell.
As you can see, I keep a record of my different income streams, but I am mainly focussed on improving and increasing my Kindle book earnings.
My Monthly Earnings Report
Each month I write up a review of my goals and mention whether I have hit my monetary targets. I add the actual figures to my monthly earnings report, which is available to anyone who signs up for my newsletter.
Would You Like to Know How I am Doing?
If you are interested in the actual figures, all you have to do is add your email address in the box below and you will receive access.
Have Your Say? Are you keeping a record of your earnings from your online endeavours? Have you set monthly goals? How is it going? I would love you to share your thoughts in the comments section below.