There’s a difference. I’m a freelance writer but over the last few years that’s meant more than sitting at my desk from 5am to 5pm typing. I’m out of my office a lot, I’m running workshops and giving talks, I have books that I’m publishing, I have lots of what are officially not writing jobs but they are to me. It’s all the one thing in my head, all the one writing and communicating thing that I enjoy so much, but it doesn’t look like one thing from outside. And I’ve been getting advice about this.
So far the conclusion-in-progress is that I’m either spinning a lot of plates or working with a 1,000-piece jigsaw, but whichever it is, I was given one piece of advice about it all that chimed with me:
Each day you spend in your business is a day you’re not spending on it
Follow. If I go into a school for myself or the Writers’ Guild or the Royal Television Society, that’s work and that’s great, but it is a complete day. I can’t do anything else in those working hours. That’s fine, that’s what I’m doing, that’s what I’m here for, that’s why I’m a freelance, but freelancers also take every day’s work they can. It’s what we’re like.
And if every day is taken up like this, you are spending no time planning for the future or managing your business. The person who gave me this advice also pointed out that the fee you get from going into a school is money today, not money tomorrow.
I find it hard focusing on the cash instead of the work or even – I’m going to say it, you can’t stop me – the art of what I do. But without cash, I don’t get to continue doing this. I need to be planning ahead, I need to be setting aside some time to work on my business.
So you know what I’m thinking now, don’t you? So should you.
From next month, Amazon’s Kindle Unlimited and Kindle Owners’ Lending Library will pay out royalties “based on the number of pages read”.
So if your book is opened on someone’s Kindle and they leave page 1 on there long enough that they could’ve read it, you get cash. It’s not entirely 1 page equals 1 payment: instead, the money comes from a pot that is shared amongst all authors whose work gets included and then gets read. Says Amazon:
Here are some examples of how it would work if the fund was $10M and 100,000,000 total pages were read in the month:
The author of a 100 page book that was borrowed and read completely 100 times would earn $1,000 ($10 million multiplied by 10,000 pages for this author divided by 100,000,000 total pages).
The author of a 200 page book that was borrowed and read completely 100 times would earn $2,000 ($10 million multiplied by 20,000 pages for this author divided by 100,000,000 total pages).
The author of a 200 page book that was borrowed 100 times but only read halfway through on average would earn $1,000 ($10 million multiplied by 10,000 pages for this author divided by 100,000,000 total pages).
Kindle Unlimited Pages Read – Amazon
It’s that bit about a page not actually being read, there’s no way to know that, but it needs to be open on the Kindle for long enough that it could have been. There’s got to be a way to game that.
Read the full Amazon detail, though be warned it’s (possibly deliberately) the most boring thing you’ll see today.
I adore this. The economic reasons why you shouldn’t rob a bank. This is only the introduction, the full piece has the figures:
The UK’s banking trade organization decided it wanted an analysis of the economic effectiveness of adding security measures to bank branches. The professors did that, but in the process, they also did an analysis that looked at the economics of bank robbery from the thieves’ perspective.
The results were not pretty. For guidance on the appropriateness of knocking over a bank, the authors first suggest that a would-be robber might check with a vicar or police officer, but “[f]or the statistics, look no further. We can help. We can tell you exactly why robbing banks is a bad idea.”
Economists demonstrate exactly why bank robbery is a bad idea – John Timmer, Ars Technica (14 June 2012)
Read the full piece.