3rd Quarter 2018 Income Report (and more!)

It’s official, we are in the last quarter of the year!

Honestly, it has been a great year. Especially when I think of how my attitude towards writing and publishing has changed. It’s gone from…

“I make no money, I’ll never make any money.”

To…

“Holy crap, I’m making money at this.”

To…

“How much do I need to write to make a living at this?”

To…

“Do I want to chase the almighty dollar bills, or do I want/need to write less (with better quality) and be the mom and wife I need to be?”

Lots of changes, but with it has come some amount of clarity. I’ll explain…

Earnings for This Quarter

July Payout: $14.76 from CreateSpace (paperback sales) and $119.41 from Amazon (ebook sales and page reads)

August Payout: $31.20 from CreateSpace (paperback) and $307.06 from Amazon (ebook sales and page reads)

September Payout: $204.05 from Amazon (ebook sales and page reads) and $2.95 from Draft2Digital (ebook sales)

Total income from 3rd Quarter 2018 (Book sales that occurred from May 2018 through July 2018 and were paid out from July through September): $679.46

This is an increase from 2nd Quarter 2018 (book sales that from February 2018 through April 2018 and were paid out April through June) where I was paid a total of: $237.72

And an increase from 1st Quarter (book sales that from November through January 2018 and were paid out January through March) where I was paid a total of: $414.01

My average income across the year so far has been about $5.58 per day every day of the year. Obviously, I have a ways to go.

Going Wide

I made the decision to give up exclusivity with Amazon and go wide. I did this knowing that I would no longer be able to reap the benefits of the Kindle Unlimited page reads, but I am hoping that I will gain a following on other ebook platforms.

Limiting myself to just Amazon did not seem to be in my best interest.

This Is Where I Need to Be…in Two Years

I’m the financial planner of the family and I have budgets lined up for years in the future, taking into account conservative estimates on my husband’s pay raises, on our potential income as landlords of one (and soon to be three) rental properties, and more.

In my August 2020 budget (yes, I really do plan ahead!), I have scheduled myself to stop cleaning houses and also to begin tapping the writing income I’m currently accumulating. Just $200 per month is what I have listed, and I’m pretty close to being at where I need to be in two years. My average monthly income so far this year is $147.22, but the last two months have been over, or right at $200 per month. That’s with a majority of my sales being generated from Get Organized, Stay Organized.

I plan to roll out a 2020 update on Get Organized, Stay Organized with more bonus content based on my monthly newsletter advice as well.

So, all in all, things are looking good.

Lessons Learned

A little less than a year ago, I decided to up my game. I was determined to get more subscribers, write a ton of content, and sell a zillion books.

And less than a year later, I have learned a couple of things about myself.

#1 – My creativity does not perform well under pressure.

Honestly it has felt stilted and contrived, a place no writer wants to be.

#2 – My desire to spend time with my daughter and craft a well-rounded life in our home insists on less writing not more.

I can’t go back in time, and staring at tomorrow instead of today does little to raise my daughter, whose formative years mean so much to me. I know that, after the next six years, I’ll have more than enough time to write and fill my days with words. But for now, I’ve got a tween to raise and homeschool.

#3 – I need to set the foundation in place in order to unleash the creative focus.

I’ve talked about it before, but the way I plan on managing this is through our rental properties. My husband likes that saying “Hang on to land, they aren’t making more of it,” and he is definitely on target. I’m a woman with a mission – but my plan for the two properties on either side of us means setting into place a foundation that provides evergreen income for the rest of our lives. Once I’ve done that, my days will be open to more writing.

Writing Is My Secret Weapon

I’ve also said this before, but really, when you think about it, writing is my not-so-secret weapon. It is the unknown that could change everything. Did Andy Weir realize he had a bestseller on his hand when he was writing The Martian? If so, putting it on his website for people to read for free was an odd choice. No, he just wanted his story read, and if getting it read meant putting it on Amazon so folks could download it easily, that worked for him.

He turned around twice and had a publisher on his doorstep and sales out the wazzoo.

And even if that never happens for me, it’s okay. No really, it is okay.

I’ll admit it, I read about Mark Dawson’s $80k months and really, really wanted just a fraction of that. What could I do with $10k a month in sales?!

Don’t get me started, it’s like dreaming of winning the lottery.

But so much hinges on the whimsies of fate, that perfect combination of phenomenal writing, timing, and the interests of just the right readers and reviewers. It feels like I’ve been tasked with capturing lightning in a bottle.

I’d rather be content. I remember a coaching client once telling me that she shared that dream, one of contentment, with her father and he replied, rather scathingly, “What, you want to be a cow? Cows are content, they chew their cud and stare at the world vacantly!”

She said it with a great deal of hurt. Decades later, his words still had the power to wound her. But here, midway through my life, I understand the sentiment. The drive to change the world has faded. I just want to live peaceably, comfortably, and let the winds of fate blow someone else around.

That said, if anything is going to drastically change my plans in the next few decades, it will be in the writing arena. And if it comes, I will welcome it, I’m just not betting my future on it.

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