Be the B.O.S.S. (B – be a leader; O - own your stuff; S – settle only for the best; S – sky’s the limit to your success).
So you’ve decided that writing or even speaking is not a hobby and you are engaging in it for profit, then be the BOSS and treat it like a business (see, https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Checklist-for-Starting-a-Business). This means you should:
- Develop a business plan.
- Obtain a separate Federal Employer Identification Number (EIN), a seller’s or resale certificate, and any business licenses required in your local community (if selling a product like your book).
- Promote and brand yourself and your book or services on social media and other outlets. This includes maintaining a website, printing business cards, etc.
- Collect and pay your sales tax (don’t forget to keep good records).
- Separate your personal and business finances.
- Network (join professional organizations, attend writing related conferences, be a speaker on the business of writing, etc.).