Many of us dream of getting paid to write. And while it’s not impossible, making enough money to support yourself by writing short stories or poetry isn’t easy. Even authors who manage to finish a book, get an agent, and sign a publishing contract may only receive an advance of $10,000 — not enough to live on. Some writers have turned to the crowdfunding website Patreon to make money by writing, even if it’s just a few extra bucks. But before you create your Patreon account and start posting, review the facts that every writer should know.
Welcome to Patreon!
Launched in 2013, Patreon is a crowdfunding website that gives creatives — writers, podcasters, visual artists, musicians, video creators, and others — the ability to publish and share their original content. In return, fans (or “patrons”) support the artists by paying for access to the content. Creators can charge by the post, or they can set up monthly subscriptions.
The subscriptions can be tiered too. So the more a patron pledges to pay each month, the more content they will receive.
Creators can also set funding goals, which are checkpoints that explain what they will be able to create or achieve once they have a certain amount of monetary backing.
It’s free to get started: Once you start earning, Patreon takes a small chunk of your income — currently 5–12 percent, depending on the plan you choose.
Patreon Is Different From Kickstarter
Sites like Kickstarter are mainly used to fund entire projects and get them off the ground, but Patreon allows fans to support artists on a continuing basis — and usually with much smaller monetary contributions.
Kickstarter users set an initial goal for the amount of money they will need to complete a project, and then ask people to fund that project. And although you can set funding goals on Patreon, the overall idea of the site is very different.
This is why, while Kickstarter may be good for those looking to make a movie or an album or something that can cost a lot of money up front for production, Patreon is perfect for writers who want to post regularly and earn some money while doing so.