Money verus Fame verus Satisfaction…

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Pittance - definition: a small portion; allowance, especially of money pittance The publishing industry is in the midst of radical changes as they compete with the increase in self publishing . I could site story after story of authors managing their own novels and being extremely successful. Some have been approached by the traditional houses; others not, but all made the decision to send their work out into the world. A major factor in an author's choice of a publishing route comes down to money - that necessary evil. Once you begin researching the actual costs involved and what may be your return for your book, the choice becomes clear. On average agent get 15%, book distribution 35% and book stores approximately 40% - this leaves the author with about 10% give or take. (**these are approximate figures**) Now as a famous author with global sales this figure may be alright, although I'm sure many of them have contractual clauses that differ. For the rest of us with a book or two these figures bring into sharp focus what we really want for our story and ourselves. how-to-create-a-book-cover-layout If you go into publishing with an idealistic view of millions of sales and making your fortune then sadly you will be disappointed - on the whole. ( Yes, I know there have been a few exceptions!) However, if your wish is to share your words, even with a few people, then you will accomplish your dream. I'm not saying being rich and famous isn't something we would all love, but having practical expectations will give you the opportunity to relish the 'success' of your book even if it is a 'close to home' one. For me knowing my stories will live beyond my life in libraries and hopefully handed down from generation to generation is reward enough. What are your thoughts?

5 Comments

  1. pattytmitchell

    Breaking even would be nice at this point! Self publishing and promotion is not cheap if done right.

    Reply
  2. Maggie Thom

    Yes if you go into writing and publishing a book and thinking you’ll be making millions or even thousands…you’re in for a harsh landing. But I don’t let that stop me or deter me from continuing to write novels and put them out there. Who knows… maybe… 🙂

    Reply
    • mandyevebarnett

      Of course it does not stop us but being realistic makes our writing journey easier. Thanks for dropping by & following. I’ve returned the favor.

      Reply
  3. Rebecca Bradley

    I just want to write and have readers. Oh yes, and earn enough money to make it a full time job! I’m realistic though and know its not likely. I will keep working at it though.

    Reply
    • mandyevebarnett

      The writing journey is the thing that makes us happy and that is worth more than money. I agree though to be able to write full time would be a dream

      Reply

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