Must-Haves:
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A computer, though some editing (and most proofing) is still done via hard copy
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Familiarity with Microsoft Word’s Track Changes feature
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Some website publishing knowledge (e.g., WordPress or Squarespace)
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A class on basic SEO
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A mentor, especially in the early days or when you hit a roadblock
Suggested Reading:
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Style manual of choice (I use The Chicago Manual of Style, 16th edition)
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Dictionary of choice (I use Merriam-Webster’s online dictionary)
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The Subversive Copy Editor by Carol Fisher Saller
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The Copyeditor’s Handbook by Amy Einsohn
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But Can I Start a Sentence with “But”?: Advice from the Chicago Style Q&A by The University of Chicago Editorial Staff
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Developmental Editing by Scott Norton
Optionals:
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a comfortable chair
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an ergonomic keyboard
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a wrist rest
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good tea
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a diffuser
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a sound machine
Also check Copyediting.com for classes on editing for all skill levels!