One of the questions I get asked a lot is about diversifying—how, as a freelancer writer, can you fill your days and your workload with enough different kinds of gigs to make sure that a downturn in one area doesn’t wipe out your entire client base?
Part of this is achieved through my favorite balancing act, fun vs. profit. There are jobs that don’t pay particularly well but I really enjoy, and then there are jobs that pay gobs of money but are boring. (Most jobs fall somewhere in the middle, but I confess to always having a few gigs out on the edges, there.) Balance is the key, obviously. And of course I thought I was extra-brilliant when I started my bargain shopping website because it’s a subject about which I’m passionate, but represented my entry into a new earning model: Affiliate revenue.
Most of the links to items I post on Want Not are affiliate links, meaning that they are tracked and I get a commission on purchases made through them. Voila, instant revenue stream! Of course, as online shopping has increased in popularity, so has the government’s desire to make sure they get their cut. And that’s how affiliate tax nexus laws began.
Read the rest of this entry