Three Ways to Earn Money With Your Short Story
- November 16, 2015
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So, you’ve finished writing up an awesome short story that leaves readers with a life-changing impact and are wondering where to go with it from here? Then this post is for you.
Many emerging authors and writers struggle with this dilemma. Whether it is weighing up writing a novella, short story or a nonfiction ebook. In this post, I’ll be talking about some known methods and ways to earn money with your completed short story.
I’ll be addressing techniques about how to write a successful short story in a future blog, but for now, we will assume that you have already completed a story that sells.
There are basically three ways to earn money with your short story. Keep in mind that there is no shortcut to success and that it’ll probably tire you. Also, be prepared to get rejected a lot, but remember it only has to work once.
Submit to Literary Magazines
There is an infinite number of literary magazines that will pay you money for publishing your short story on their magazine. The way it works is that they purchase “First Rights Publication” which means that you cannot publish it anywhere until it gets released in the magazine. Then, all rights revert to the author.
Most magazines have a flat fee, while others offer a more lucrative reward that is based on the number of words (a short story must be under 7500).
Here is a link that provides 46 Literary Magazines you can submit your short story to:
http://letswriteashortstory.com/literary-magazines/
Entering Competitions
There are a lot of competitions that accept emerging authors. Actually, some competitions exist for the sole purpose of supporting new authors. While some competitions have an entry fee, there are a number of competitions that you can enter free of charge.
These often offer a hefty reward in the event that your story goes further in the competition. Cash, along with publication opportunities. One of the most accredited competitions is “L Ron Hubbard Writers of the Future” which I highly recommend you enter if only for the bragging rights. Here is a link to their website:
http://www.writersofthefuture.com/
Also, here is a link that provides a list of short story competitions:
http://www.christopherfielden.com/short-story-tips-and-writing-advice/short-story-competitions.php
Self-Publishing on Amazon KDP
Your short story would be available for Kindle users and those who use any form of device to purchase the ebook. In case you are wondering, Amazon provides this service for free, making your short story available to a huge global market just in the blink of an eye.
The pricing structure for short stories, however, will be discussed in a future blog post, but often authors charge 0.99$ per short story.
Remember that you need to effectively market the short story as well before its release in order to ensure great results.
Visit this website in order to learn more:
https://kdp.amazon.com/
Happy writing everyone!