We’ve been talking a bit about writing or not writing for websites that promise residual income.
Jennifer Mattern has put together the actual numbers based on her own experience and some reasonable projections.
The artilce is called Freelance Writers: A Real Look at Residual Income.
The other thing I’d add, and I might have missed in Jennifer’s article, is that if the site requires you to write x number of articles a month, you’re very likely to loose all the royalties if you quit writing per the agreement. I’ve had that happen twice now, and one site still has my articles up even though they’ve refocused the whole site.
The moral of the story is, as always, be sure you understand any and all contracts before you jump in.
Image from http://www.sxc.hu