here's how we did it:
Step 1. Get an idea.
Step 2. Write ten plus pages of something terrible.
Step 3. Let it ferment for a few days.
Step 4. Remove inappropriate parts
Step 5. Add mold spores and put it in a humid, warm place.
Step 6. Realize its all horrible.
Step 7. Start over.
Step 8. Realize you're almost out of time. Ask about submitting an incomplete story.
Step 9. Write a semi-decent ending despite thinking you did not have the time to do that.
Step 10. Submit it.

Not quite as good as your method, but it did make our goat float.