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294. Sure Bets and Wildcards

294. Sure Bets and Wildcards

FromLove Your Work


294. Sure Bets and Wildcards

FromLove Your Work

ratings:
Length:
10 minutes
Released:
Jan 26, 2023
Format:
Podcast episode

Description

Which would you rather have? Mild success, or wild success? Most of us would prefer wild success. But we pursue mild success. And you can’t have one when you’re going for the other. The struggle of an aspiring novelist A more specific version of the scenario I mentioned in episode 253: Imagine you’re working at Starbucks during the day, and at night you’re writing novels – not just any novels, but your favorite kind. You call it Care Bear Fanfic Urban Fantasy. As far as you know, you’re the only person who writes Care Bear Fanfic Urban Fantasy. Judging by your sales, you’re also the only person who reads it. You’ve written three novels in this genre you’ve created, and there have been hardly any sales, aside from the handful of copies you’ve sold to your mom and close friends. After a couple years writing and promoting your Care-Bear novels, you decide it’s time for a change. You told yourself when you started writing that as soon as you made as much as your Starbucks job, you’d quit and write full-time. You’re not even close. Your hourly Starbucks wage isn’t great, but you’ve actually lost money writing your three novels, after investing in cover designs and some ads. A new opportunity Fortunately, one of your friends is a pretty successful author. She makes a middle-class living writing in a genre called Sweet Romance – mostly read by retired women, some of whom read a new Sweet Romance novel every day. You buy your friend a coffee – or rather steal it from work – sit her down, and drill her to tell you all about writing and selling Sweet Romance novels. She’s super helpful, and tells you everything you need to know about the story structure readers expect, what tropes each novel has to hit, and even what keywords to advertise under. Armed with your knowledge of the Sweet Romance genre, you get to work. It’s not your favorite, but it would beat serving coffee, you figure. The first couple novels are a challenge, but once you get it down, you’re cranking out a new one every several weeks. You’ve got it down to a whole system: You change the character names, the locations, and a few scenarios from your last novel, and they practically write themselves. Making it, as a middle-class novelist Three years later, you, like your friend, are a middle-class Sweet Romance novelist. You’ve written eighteen novels, in three series, and in the past year have profited $70k. You quit your job at Starbucks a couple years ago, and you were right: Writing Sweet Romance is way more fun than serving coffee. Still, something is missing. You’re getting tired of writing the same stories over and over. New ideas for Care Bear Fanfic Urban Fantasy stories keep coming to you. But you keep pushing them down. Why would you bother writing another Care Bear novel, when you’re sure you’ll sell none? Why would you not write another Sweet Romance novel, when you’re sure you’ll sell some. Besides, you’ve upgraded your life: You now have a mortgage and a car payment, and your dog eats Purina instead of the off-brand stuff from Aldi. These novels don’t sell forever. If you don’t keep the Sweet Romance machine going, you’ll make less and less money. A missed opportunity But, one day, you discover something that changes everything you thought you knew about the business of being an author. As you’re tallying up your earnings at the end of the month, you realize that your Care Bear Fanfic Urban Fantasy series has started selling. In fact, you’ve sold a hundred copies in the past month! That’s more copies than you’ve sold in all the previous years. You dig a little deeper, and discover another author, writing under the name Brave Heart Brian, has written seven Care Bear Fanfic Urban Fantasy novels. You’re filled with excitement, confusion, and envy. You’re excited to have some Care Bear novels to read, confused as to how Brave Heart Brian seems to have popped up out of nowhere, and envious that – judging from the Amazon ranks of his books – he’s making more money t
Released:
Jan 26, 2023
Format:
Podcast episode

Titles in the series (100)

Reconnect with the most powerful fuel of all – the fuel of loving your work. Best-selling author and award-winning designer David Kadavy helps you make it as a creative entrepreneur. Find your creative voice, cultivate the mindset you need to succeed, and be the first to capitalize on new opportunities to make a living making your art. Every Thursday, David presents either a guest or his own learnings from his decade-plus career as a creative entrepreneur. Hear from titans of industry like former AOL CEO Steve Case. Hear from best-selling authors like Seth Godin and James Altucher. Hear from scientists, creators from dancers to a chef to a Hollywood set designer, and visionaries on the cutting edge of creative monetization – whether that's self publishing or blockchain technology. Find out why Wall Street Journal best-selling author Jeff Goins says, "David is an underrated writer and thinker. In an age of instant publication, he puts time, effort and great thought into the content and work he shares with the world." Find out why Basecamp CEO Jason Fried says David has "really good, deep questions, and original questions." Subscribe to Love Your Work today so you never miss a dose of the inspiration and motivation you need to unleash the creator you already know you are, deep inside.