The Pros & Cons Of Starting A Ghostwriting Side Hustle

Would You Love Ghostwriting?

If you like writing, you may have entertained the idea of becoming a ghostwriter. A ghostwriter writes on spec for other people, usually without credit. The person who contracts the writing is usually credited as the author. That fact is often a stopping point for many writers who dream of fame and riches. They like seeing their name on a byline and feel sick thinking of doing all that work and not getting credit.

For others, that idea sounds great. Get paid to do something they love and stay in the background, awesome. Many introverts love the idea of ghostwriting. But, you don’t have to be an introvert either to love ghostwriting. Let’s look at some pros and cons of working as a ghostwriter so that you can decide for yourself whether you’ll love ghostwriting or not.

 

Let’s start with the cons of ghostwriting and get those out of the way shall we:

 

Are you a writer? Do you dream of making an income from writing? Check out these pros & cons of starting your own ghostwriting side hustle. #makemoney #sidehustle

7 Reasons Ghostwriting May Not Be For You

 

1. You Won’t Get Credit

This can be both a blessing and a curse. It can be hard to work on something using all your skills and then get no credit. But, did you know that this is not uncommon? It’s not theft. It’s not wrong. It’s very common. There are ghostwriters in every single field and it’s totally acceptable. There are even ghost designers.

If you are a designer and work for a big fashion house and design something, it’s credited to the house, not you. If you write software for Microsoft or Apple guess what, it’s not credited to you, it’s credited to them. There are writers for NASA who get no credit for their work other than payment. This is how the world works and has always worked. If you get paid enough, do you really need credit?

 

2. It’s Not Always Exciting

Sometimes the writing you do will be…shall I say it?…boring. It may be technical writing. It may be blog posts about a topic you find mind-numbing. Of course, you don’t have to take on topics you don’t like writing about. However, by learning to write well about something you don’t enjoy, you will improve your writing exponentially.

 

3. Finding Clients Can Be a Challenge

It’s hard to get testimonials as a ghostwriter. Mostly because people don’t typically admit that they use a ghostwriter. However, there are cases where someone will give you credit and a testimonial. You should make it a habit to ask every single time you work for someone to either give you credit with a discount or to provide a testimonial of some kind.

 

4. You’ll Have Strict Deadlines

When you are a ghostwriter you’ll be working on deadlines. These deadlines usually are strict and usually cannot be changed. That means you’ll have to be disciplined in your writing timelines and get work done on time. This is a con but it’s also a positive. If you want to learn how to write on demand, deadline ghostwriting will train you to do that. This can only pay off for you because the faster you can get work done the more clients you can take on. Additionally, it will help you when you are writing for yourself too.

 

5. You’ll Have a Boss (sort of)

When you are a ghostwriter you work for yourself. You are a business owner. You can think of yourself as the owner of a ghostwriting firm. In fact, if you get enough work you can hire other writers too. But, you will have people who are paying you that are like a boss. Your clients will expect certain things in certain ways at certain times. You’ll have to answer to them and that can be hard sometimes.

 

6. Researching is Part of The Job

Many people like to write but they don’t like to do research. As a ghostwriter creating content around someone else’s idea, you’re going to have to do research. In fact, sometimes the research part takes longer than the writing part. If it’s a particularly boring topic for you, it may be more exhausting and time consuming. But, if it’s something you enjoy, you may get sucked down the rabbit hole and spend too much time on research. Set time limits.

 

7. You Have to Let Go of Your Ego

Sometimes you’ll write something for someone else that is truly amazing, and you may feel some pain at letting it go. But, try to get pleasure out of the fact that people will still get value from it whether you get credit for it or not. You are going to get paid, and that is a type of credit. You’re also getting the experience and knowledge which is also an important factor to consider.

 

Now let’s move on with the pros of ghostwriting:

 

7 Reasons You Should Start  A Ghostwriting Side Hustle

 

1. Most Authors Don’t Get Rich

The truth is, most traditionally published authors never sell more than 3000 books. The likelihood of you selling enough books that you publish in your own name to make a living is low, and it’s much less likely that you’ll become rich. That’s not to say you’re not a great writer, or that it’s impossible – not at all – but if you aren’t already famous it’s almost like winning the lottery to truly make it big in today’s book market.

 

2. You Can Do Both

What’s awesome is that if your goal is to make an income with your writing, ghostwriting can be that career for you. Many ghostwriters make six figures a year doing what they love. Plus, it doesn’t stop you from pursuing your dream of making it big as an author either. In fact, ghostwriting can free you up to become the famous author you always dreamed of being. Not to mention the fact that your writing will improve while getting paid up front for it.

 

3. You Don’t Need A Lot Of Experience

If you are good at writing, listening, project management and understand the publishing industry you’ll make good money in the ghostwriting field. You may even be able to get work with an agency. But, even if you have none of that, there are plenty of bloggers, internet marketers, and others who need ghostwritten content that you can make good money writing if you can write at the 10th grade level about a topic.

 

4. Make Money Without Giving Up Your Dreams

If you like making money, like writing, and enjoy being of service to others and helping them make their dreams come true, you’ll likely love ghostwriting. This is especially true if you’re an introvert who just likes writing but would rather let other people have all the attention. Plus your clients have to deal with all the social media promotion! Once you deliver your article, you are done and ready to move on to the next paid assignment or as mentioned above, work on your own stuff, like a book. Ghostwriting is the perfect way to finance your bigger dream to become a famous writer.

 

5. Hone Your Craft While Earning Money

In many ways being a ghostwriter can allow writers to gain the freedom to hone their craft and become better writers. No matter what your goal is there really is no downside of being a ghostwriter despite the cons you read above. Whether you hope to make a consistent living, become a better writer, or someday publish your own work, it’s all possible with ghostwriting.

 

6. You Can Leave the J.O.B. Behind

One thing that often gets in the way of realizing a dream, is a job that keeps you stationary working typical hours for someone else. Often not even doing anything close to what you wanted to do. If you have a job that has nothing to do with what you want to do with your life, it can cause you to lose hope. But, when you have a job that is working in the area you need to improve, such as writing skills, you’ll be able to make everything you do count.

 

7. You Can Live Anywhere In The World

Is travelling on your bucket list? Ghostwriting allows you to become a digital nomad. As long as you have a laptop and the internet, you can work from literally anywhere in the world. And unlike a vacation, you can make money, even when you are exploring new lands and expanding your horizons. Think of how your traveling experiences could benefit your writing too!

 

As you can see there are quite a few things you need to think about if you have a dream of being a ghostwriter. You know yourself best. I’ve created an easy to use evaluation checklist for you to quickly rate the good and bad points of ghostwriting to see if this side hustle is a good match for you. Click the image below to get your copy.

 

Is ghostwriting a good match for you and your future goals?

 

 

Advertisements

4 thoughts on “The Pros & Cons Of Starting A Ghostwriting Side Hustle

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.