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6 of the Most Commonly Asked FAQs About Ghostwriting: Does Ghostwriting Actually Pay Well?

Does ghostwriting actually pay well?

This is by far the most frequently asked question about ghostwriting. I meet someone every other day who asks me about how well ghostwriting pays.

What's interesting is the fact that the majority of these aren't writers or people thinking of making ghostwriting their career.

These are just those nosy people who want to judge your 'financial status' by finding out how much you make as a ghostwriter.

That's why I will answer this question now, right here, right now.



Question 5

Does ghostwriting actually pay well?

Answer

Yes, it does.

I actually answered the same question on this blog back in 2013. You may read it here.

As mentioned in the article above, the rates of ghostwriters vary a lot. They depend on:

  1. A ghostwriter's experience
  2. The quality of work he/she offers
  3. The quantity of work demanded by the client
Some ghostwriters charge on an hourly basis. Others charge on a per word basis.

Either is fine. I prefer charging by word. The rate naturally goes up if the project is research intensive.

You might have guessed already that the article above is a bit obsolete and ghostwriting pays even better now.

 A reputed ghostwriter may charge you anywhere between $0.5-2 per word and may quote you in five figures to get your full length novel written.

I talk about how well ghostwriting pays in Hope Clark's 'Funds for Writers'.

Go through it and learn how to charge the top buck for your ghostwriting projects.

Happy ghostwriting!


Comments

  1. Peter17 January 2020 at 08:08

    Hello! Thanks so much for your candid thoughts on ghostwriting! They are helpful for me as I begin to apply for some ghostwriting freelance work. I have a question: One company is interested in my writing and is offering a trial rate of $1.00 per one hundred words, a very low rate as I understand from your blog; I wonder if this is just a beginning rate for someone who is just starting out, or if its highway robbery... Thanks for any thoughts on this!

    ReplyDelete
  2. Tasneem Ali17 January 2020 at 09:34

    Hi Peter,

    The rate you are being offered is surely very low but if you think it is a good opportunity to start off with, go for it. However, also bear in mind that if you do not set your first brick up properly, your structure won't survive. Perhaps, try negotiating for better rates.

    Good luck with your ghostwriting ventures!

    ReplyDelete

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