How to Make $20 for Every Word You Write
I
recently read a book called Multiple Streams of Income, by Robert Allen. He discusses 10 different ways to build up multiple income streams. One particular income stream I was very interested in is what he calls infopreneuring. This is providing information to others as an expert in a particular area. In this industry, it would be successful entrepreneurs such as Guy Kawaski, Robert Kiyoski, and even the author of the book I was reading, Robert Allen (who I actually never heard of until my friend gave me the book). These are people who have made millions being entrepreneurs and now make millions more teaching others how to follow in their footsteps. This comes in the form of books, DVDs, cds, tapes, newsletters, seminars, games, ect.
One thing that really caught my attention was what Robert said about writing. He has written many successful books and continues too do so even when it gets difficult. He said if he could boil down all of the income over the years from his books and other writings he has gotten a return on his investment of about $20 for each word he has written.
My goal is to reach that achievement of $20 per word. I am passionate about being an entrepreneur and helping others get through the fog of becoming one and staying successful. The more I write, the more I start to brainstorm about new ways to make learning how to be an entrepreneur fun and inspiring. Ultimately, I want to be that infopreneur that Robert is talking about in his book. I want to build a one of a kind informational system from the ground up, an educational network where entrepreneurs guide other entrepreneurs.
Anyway, this is one of the many additional articles I plan to start contributing to the website. At $20 per word, I will eventually end up making about $9,300 for this article alone.
So how do you make $20 per word? I suggest you do the same. Take a moment every day from your schedule and write down your thoughts and ideas. Believe that every word you write down is worth something more than just words on paper. To take a line from the movie Boileroom, "Act as If." "Act as if" you are getting paid for every word you write. Even if your goal is not to make money from your writings, I believe it will pay off more handsomely than you might expect.
I invite you to write and share your thoughts with our viewers. If you are an entrepreneur from anywhere in the world and you have a story to share, email it to us. Email us your Article!
Until my next article or show.........
David, great article and view-point. I totally agree with you on the topic. Sharing our expertise on topics that we are passionate about is a great way to develop a huge income stream. You label (position) yourself as an expert and people will come from miles around to hear, see and learn from you. People are always dieing to have their problems solved and if in some way you can make life easier you can be paid handsomely for that effort. The more value you add to society the more money you will make. I have the same vision as you it sounds and I am glad to be a part of the TrueNYC community. Two thumbs up to you and a big way to go for your vision and inspiration.
Best,
Matthew Britt
BILLIONAIRE (in training)
www.networkoxygen.org
Posted by:Matthew Britt | March 03, 2006 at 05:30 AM
Thanks Matthew, I really appreciate the kind remarks!
Posted by:Davd Schnurman | March 03, 2006 at 04:40 PM