by Voyage | Feb 23, 2017 | Book to Film, Entertainment Business
THE IMPORTANCE OF DIVERSIFICATION As a writer, you invest huge amounts of time, energy and money into your project (and you should)! But because you spend the bulk of your time writing (often a single project), it can be difficult to dedicate energy to other important areas – such as planning for long-term financial health and wealth management… At Voyage, we aim to look at the life of a creator holistically – it’s not ONLY about sparking the creative fire, honing your craft and developing the most marketable story… It’s also about helping you to create a balanced and fulfilled life – a life from which the best stories and ideas naturally take shape. To give you some context: as a writer, you’re starting with a 1% chance of having someone buy your movie or TV project. Now, this should never stop you from pursuing your dreams… But you want to make sure you’re thinking about other ways of saving and creating wealth, not just from your writing – in other words, you want to save, and diversify your investments of time and money. Here are 3 simple non-writing ways to diversify and have a strategy for a long-term sustainable career that perhaps you didn’t know about: 1. Acorns Sounds funny, but we don’t literally mean invest in the acorns you find on the ground. Acorns is a very high-tech system that allows you to quickly enroll in automatic deposits to a personal savings account where their system will invest it for you based on market trends and super cool algorithms – and you can even select how conservative...
