Recycling isn’t just for plastics, paper, and metals, the process can be used with content as well.
I have done the following with a articles:
- Broke it down into 3-4 smaller articles or posts
- Combined topic specific articles to create a general topic article
- Re-wrote to re-use
I recently read this article, Making Money Twice, that takes it to a much larger scale.
If I get caught up WHEN I get caught up I’m going to look into some of the options. I’m not an e-book fan, but if I’m not promising outlandish results and not charging budget breaking prices, it might be an option.
A few things that are going on:
- Wal-Mart-I’m still waiting for my hours to be cut down so that I can devote more time to writing. Our department moved this week as part of the remodel, so my needs aren’t at the top of list of things to take care of!
- Reducing wage earning hours-I found out I can probably keep my medical if I go part-time. I need to get the specifics on what will change. Right now I just need to pay bills. I will eventually have the equivalent of one day a week for 3 months pay saved up before I cut back further. The next step is to have the dollar amount of my benefits covered in writing/internet income and then have the equivalent of 3 months saved before taking the next step.
- Personal serious issue-still in “waiting it out” stage for resolve. Doing what I can as I wait.
- Personal happy news-moved up a decade with my transportation! I’m selling my 1986 and now have a 1993 :). I just smile as I drive it…..I’m SO happy. The end of next month my (step) dad will be here to visit and with a horse for us to keep here to ride and for my daughter to learn on. He lives in CO and we miss him a lot.
- Writing-busy enough that I have not been able to write another package for “Why Wait for Content?” thread. Somewhat impatient waiting for my hours to be cut back on so that I can write more.
- My projects-neglected because I’m writing so much for pay and am getting ready for a craft show
- Kontera-I increased the density on the number of links and am making money again! I need to make time to request permission for use on a couple more projects.
Not only was Wal-Mart a good move for the advancement opportunities, training, and raises…..it fits with becoming self-employed! I got the OK from the assistant manager that is over the department that I work in to go to 4 days. It will go into effect in about 2 1/2 weeks.
While I was waiting I got a weekly and monthly writing job. I am focusing on my one day a week that is dedicated to self-employment, mainly writing.
These steps will be fine tuned for one day a week and later I will use the same process to add other days and later apply the same process to passive income. Income is the money AFTER expenses. With writing I don’t have hardly any expenses since I already have a computer. The only expense right now is the small fees that Paypal charges to do my payments through them.
THE STEPS OF PHASE ONE
- Return to writing (May 2008)
- Promote writing services (June and July 2008)
- Updated my writing services page on blog
- Put link in my signature on Wickedfire forum posts
- Wrote a package of 5 related articles with researched keywords and offered for sale on Wickedfire (sold in less than 24 hours)
- Helped other writers (3 threads started to benefit all Wickedfire writers)
- Received orders and delivered articles (July 2008)
- Added to iTrader of clients and received iTrader points (July 2008)
- Decided I had enough work to replace one day pay a week at wage earning job (August 2008)
- Brainstorming about other self-employment income to cover one day pay-photo taking idea (August 2008)
- Create secure income (Currently working on)
- (one day wage earning pay X 2) X 12 = savings needed before I repeat process on another day per week
- Have steady and regular income from writing that equals two days pay for 3 months
- Begin plans for secondary self-employment stream
I will have the income for that one day backed up by 4 other sources of income and a 5th one in the works.
Initial day of pay will be covered by the income from writing. This is how I will make sure I have additional income to cover that SAME day in the event any income fails or drops:
- Flexible/relief shift at a second wage earning job
- Enough article writing orders to cover twice what is needed to replace the income for one day at wage earning
- Savings that is equivalent to 3 months of pay from that one day
- Secondary writing income (pre-written article packages)
I will develop my photo business plan and test it out.
This provides 5 income streams for one day and another one in the works. I could loose any one of them and my level will not change. What will I do if more than one income stream brings in money? I will enjoy 1/3 of the excess income, save 1/3 of the excess income, and reinvest 1/3 of the excess income back into self-employment business development. Once I have 3 months of savings to cover that one day, I will move towards a second day of self-employment and repeat!