It’s pretty clear that this isn’t a road to riches. Traditional publications don’t pay hefty salaries, and it’s difficult to break into them. Freelance writing provides some opportunities for a solid living, if you know how to manage your personal business effectively, but you have to work at it. Starting your own business seems to be the only way to hit it big, but this isn’t exactly news. It’s one of the few ways one can generate real wealth. For writers, however, even this angle may be inherently constrained.
Two recent news stories got my attention and made me think about this.