Self-Publishers: What’s Your Worth as an Author?
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During one of the recent “Introduction to Self-Publishing” seminars that I teach locally, the group was discussing the bookkeeping end of the self-publishing business. While people were eager to know how to set up their new businesses and how to figure the bottom line, several lamented that I had made them aware of the enormous amount of effort required to self-publish successfully. They agreed that they would rather spend their time writing the next book than fiddling around with all the business involved in publishing, “because being an author is where the money is.”
One woman’s comment on the class evaluation form–”It will be helpful to know what an author can earn”–stayed with me long past the end of that discussion.
You had that brilliant idea for the world’s greatest novel, or saw an opportunity to write a nonfiction reference work about a popular topic on which little information was available. You decided, for several reasons, that self-publishing was the way to go. You took a class about publishing, read up on the subject, and hired top-notch professionals to do the things you couldn’t handle yourself (for lack of confidence, experience, skills, or time), like cover design, indexing, creating CIP data, laying out the interior of the book, printing, warehousing, and so on.
Your product did well in the marketplace, and you were happy with the results. You bought one of the small publisher manag…IBPA Members – Click here to view the full article (login required).
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