When I decided to become a full-time writer, I have had already a lot of works published. But all of them were for an adult audience. While I tried to continue and expand writing in the same areas, it was soon clear I should not neglect the kids market.
It is bigger, with higher demand (and competition) and more possibilities of earning. Several editors suggested me exactly that. First thought about writing fairy tales for kids are for most people books, especially picture books, but there are numerous other possibilities just waiting to be explored.
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This article lists 10 ways to earn money with your own fairy tales: