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Writers' IncomesAs with any profession, the amount of income you can expect to make depends upon a great many factors. These factors include the type of writing you wish to do, your personal level of writing skill, and no small amount of luck. Typically, writers will fall into one of three categories:
  • Hobbyists
  • Freelancers
  • Professionals

Hobbyists will obviously make the least amount of money, but this is true of any profession. An amateur golfer would hardly expect to make the same amount of money as Tiger Woods. Hobbyists typically write in their spare time, and try to sell manuscripts to newspapers, magazines, or web sites. In many cases these writers make no money whatsoever. But again, this would be true of any profession. A talented Hobbyist might make a few thousand dollars a year from writing.

Freelancers are writers who, by virtue of connections within the industry, are able to take on various writing jobs on a Per Job basis. These are typically Copywriters and Technical Writers. Depending on their skill and (more importantly) the qualify of their Contacts, Freelancers can make a reasonably good living. Pay differs depending on the writer's area of expertise, but you could reasonably expect to make between 40k to 90k per year. Keep in mind though that the success of a Freelance writer has less to do with their writing skills than it does on their ability to Network successfully within their chosen industry.

Professional Writers are writers who have either full-time jobs as writers, or who make their primary living via Agents and Publishers. I, for example, am a professional writer for a marketing firm. I make 140k a year, plus bonuses. But I must stress I have twenty years experience within my industry. I averaged around 40k a year for the first ten years of my career.

So you want to be a Novelist.

Let's be honest here- odds are that if you're searching the Web for information on how much "writers" make, it's because you want to write Fiction. Odds are that you've been discouraged by an endless stream of people telling you that it's impossible, and you'll never make any money. So without further adieu, let me be be as blunt as I can about your earning potential as a Fiction Writer.

Yes, you CAN make money as a Novelist.

But keep in mind, being a Novelist is just like any other career. Not every actor winds up being Tom Cruise, not every Cyclist is Lance Armstrong, not every band is The Beatles, and not every author is Stephen King.

For every superstar in any field of endeavor, there are a million people who never quite make it. But also keep in mind that if Michael Jordan had never picked up a basketball, he'd never have became the greatest player in the game.

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