It’s the dream for many writers: quitting the job (or jobs) that pays the bills and writing full-time.
The unfortunate fact is, writing alone doesn’t pay a livable wage for many writers and authors, especially those early in their careers. Even traditionally published bestsellers and award-winners aren’t able to quit their day jobs right on getting an advance—and if you followed the #PublishingPaidMe discussion, you’re aware that there are vast disparities between the advances paid out.
For indies and self-published authors, smaller or no advances can mean an even longer journey to that dream of quitting the day job. However, the dream is still possible to attain with work and preparation.
At the most basic level, quitting the day job means becoming self-employed. So, what goes into making it work?
Practical Considerations
Dreams come true when they’re grounded, at least somewhat, in reality. Every rocket needs a launchpad. Some of these grounding factors will be obvious, but there may be some that come out of nowhere either immediately or once you think you’ve settled into your new situation. All of them fluctuate over time.
Money
Let’s address the big one: money. Unless you find a generous patron, you’ll still need to pay rent and bills. Rainy day savings and