Write a Book: Passive Income & Personal Healing
The book I wrote, “Sam’s Theory”
How writing a book afforded me passive income, tax advantages, and a deeper connection to the mental health community.
Writing can be healing for many survivors. Whether it’s poetry, fiction, or an epic movie script, nurturing your creative side is an essential part of growing into your authentic self. If the idea of publishing your own book seems completely out-of-reach, think again. With free publishing sites and print-on-demand options, there are now many ways to turn your creativity and story into passive income.
Tips for Writing and Publishing Your Own Book:
Just start writing. Don’t get hung on up the sequence of events, or how believable a character might be, or what kind of ending you want to story to have. Those details will naturally work themselves out as you work. Just allow the idea to take form on paper first.
Change up your writing environment. Go to locations that inspire you, such as libraries, interesting coffee shops, or college campuses. Find a place that works for you and then plug into your favorite soundtrack and get to it!
Don’t spend a lot of money trying to make money. If you’re working at a coffee shop, order drip coffee instead of expensive lattes. Libraries have free parking, or take the bus to a college campus to work. Minimize your spending while investing in the creative process because, remember, this is a move towards additional income. It shouldn’t be an outrageous expense.
Publish your book for free or print-on-demand. Check out Amazon Author Central, or do research with other publishing companies. Don’t get discourage if your book is rejected by major publishers, everyone starts somewhere!
Known your audience, promote cheaply. There are many options for advertising including Facebook, Instagram, and Google AdWords. But, consider first, using your already existing network. Open a GoodReads account and recommend the book to others in their reading groups. Offer free copies to a book club to review. Leave copies in Lending Libraries. If you do spend money on advertising, remember to include it in your annual taxes to gain benefits from.