There has been a persistent wicked rumor that traditional publishing is best. That traditional publishing is the way to make money and become a ‘real’ author. Please allow me to dispel this rumor for you and show you why self-publishing is becoming the preferred method for writers.
Self-publishing has a long standing history. In fact, 78% of books sold come from small and self-publishers. Self-publishing is a viable means of publishing. Mark Twain, Richard Nixon, L.Ron Hubbard, John Grisham, Henry David Thoreau, and even Edgar Allen Poe have self-published. You might be familiar with these self-published book titles: “What Color is Your Parachute?”, “The Celestine Prophecy”, “The One Minute Manager”, and most recently the children’s fiction book “Eragon” which was picked up by a major publisher. The movie rights were sold and the young author is well on his way to fortune and fame.
Publishing via traditional means i.e. publishing houses, is an endlessly frustrating experience. It involves hours of work creating a book proposal. Hours of work crafting query letters to agents and then waiting days, weeks, months, and even years receiving rejection letters in the mail. Often times your material has not even been read! None of this means you do not have a book worthy of being published; it means simply that you are communicating with the wrong people. Self-publishing is your direct route to the right people, your reader and your customer!
Self publication means more money. Generally speaking, hardcover books pay royalty rates of 10% on the first one to 250,000 copies sold. If your book has a cover price of $25.00, then you will earn a $2.50 royalty on every copy sold, up to 250,000 copies.
This means that if you only sell 1,000 copies, then you will only earn $2,500. Keep in mind that your agent gets 15% of this too, and all of this is paid after you have earned your advance. Paperback royalties pay an average of 6%.
However, if you are willing to do the legwork yourself, meaning packaging, printing, distributing, and promoting your book, every single cent from every single sale goes directly into your pocket. So if you sell 1000 books at $25.00, you have made $25,000.
Lastly, 60% of publishers do not give you final approval on copy editing. Self-publishing gives you 100% control. You make the decisions about your book. Now that does not mean that you ca not seek guidance from experienced publishers. Many publish or print on demand companies offer valuable guidance with cover design and typesetting, but ultimately the final decision is yours to make.
More money, more control, and all the fame and fortune you can muster? Why would not you self publish?
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Are Self-Publishing Companies Cheating by Removing the Hurdles to Get Your Books Published Faster?
In spite of growing evidence that self-publishing is poised to replace (or at least match) traditional publishing in the future, many conventionally published authors (and those striving to become such) still view self-publishing with contempt. They feel self-publishing companies and those authors who choose to use them are “cheating” somehow. After all, getting a book published traditionally has always been “hard work.” Those who have done it (or long to) perhaps feel as if self-published authors are not paying their dues. But are self-publishing writers really “cheating,” or are they simply taking advantage of widespread changes taking place throughout the entertainment and business worlds? Why Should the Book Publishing Industry Be Any Different Than The Music and Entertainment Worlds? The same Do-it-Yourself (DIY) fever has swept through the music industry. Musicians (talented and otherwise) are no longer waiting for acceptance from the “establishment.” Instead, they are distributing their music through iTunes. They are finding their audiences through Myspace. And, they’re broadcasting their music videos via YouTube. It is safe to say the music industry has irrevocably changed. Musicians no longer give 95% of their royalties to the “industry” and customers no longer buy CDs from brick-and-mortar music stores. Are these musicians cheating? No. They are still paying their dues, but now the invoice comes after their music has already become available. They still must market aggressively to obtain listeners, but at least they have something to market. The audience determines which of those musicians succeed and which of them fail. This is no different from the self-publishing book industry.How the D-I-Y Mentality Removes Unnecessary HurdlesCan you imagine the uproar that would ensue if all that were required to start playing for the New York Knicks was writing a check for $1000 to some Internet company? Can you imagine the fervor if all that were required to obtain a recording contract was standing in line at some reality show try-out? Wait a minute! That’s already happening. Reality television has altered the search for “talent” and now, in rare instances, getting “discovered” is no harder than filling out an application. Nowadays, instead of submitting audition tapes to countless producers, lyricists stand in line for American Idol and face the possibility of public humiliation at the hands of Simon and company.Is this “cheating,” per se, or has the do-it-yourself mentality simply removed unnecessary hurdles that prevented talent from being discovered faster? You see, talent is the one common denominator and talent cannot be purchased. Cast members of Survivor have their fifteen minutes of fame and then disappear back into the abyss. The try-outs for American Idol feature thousands upon thousands of “hopefuls” standing in lines around city blocks and yet the main competition is comprised of just a handful. Most had their opportunity to shine, and their audience rejected them. But at least they received a shot.How a Self-Publishing Company is Like American Idol for WritersAs a recent New York Times article states, self-publishing companies are thriving, and that is because self-publishing companies give writers their shot. Their fifteen minutes of fame. Self-publishing companies are like American Idol for writers. They make it easy to publish a book. If “publishing a book” is your dream, you’re going to be happy with the result. And if your dream is to be successful, famous, rich, or a combination of the three, you’re going to receive your chance. But just like everyone else who is successful, famous, or rich, you are going to need to bring something special to the table. Most reasonable people recognize this. Those who don’t may become disillusioned, but listen ?? if it were easy to become a bestselling author, a multi-platinum recording artist, a player for the New York Knicks, or a highly-sought-after runway model, then everyone would do it. How Self-Publishing Can Help You Make More Money Fast See, self-publishing companies shine a light on writers. It is the writer’s job to shine back. Some authors do, like Gang Chen, who earned more than $39,000.00 in royalties from Outskirts Press in the 4th quarter of 2008, and nearly that much again in one single month in January 2009. Did he sell a million copies of his book? No. Is he making a lot of money as a self-published author? Yes. By any reasonable benchmark, Gang Chen is a successful self-published author who has given specific permission to have his successes shared. Can you achieve this kind of success when you self-publish your book?Yes! But, you must understand that success is never guaranteed. All writers are different just like all contestants on American Idol are different. If you are going to self-publish your book, you’re better off publishing with a company where your chances for success increase. Above all, you have to believe in yourself and you have to work hard. Success rarely comes easily for anyone, but now, thanks to self-publishing companies like Outskirts Press, everyone has an equal chance. They will shine the light on you. What you do with that light is up to you.
Options for the United States to change its course from a national decline to a better future are presented by self-published book author Frank Camelio in ??One Last Hope: Strategies to Prevent Imminent National Decline and Create a Better Future??.The self-published book illustrates the importance of looking at a Triad of Change, three decisive remedial actions, that would change America??s downtrend path and weakening ways and reclaim its glory.??Combining (the Triad with) Constitutional discipline, America??s business prowess, strategic planning, and a basic law of nature, ??One Last Hope?? explains how to re-establish national ideals and unite Americans in pursuit of the common good ?? both at home and abroad,? the book author explained.Frank Camelio??s self??published book also includes a sample National Strategic Plan to illustrate a methodology for implementing the change.The book author obtained Bachelor??s Degree in Physics and Master??s in Education from Tufts University. He also earned a degree in Naval Engineering and Master??s in Mechanical Engineering from Massachusetts Institute of Technology.Camelio grew up in the Boston area and taught public school for several years before serving as U.S. naval officer specializing in engineering, submarine maintenance, and industrial management. He later became chief executive officer of a five-thousand employee industrial facility operating on over one-half billion dollars annually.The self-published author also has extensive experience in federal government operations and has practical knowledge in strategic planning and management.??One Last Hope: Strategies to Prevent Imminent National Decline and Create a Better Future?? is published by Xlibris Corporation.For more information, please visit the book publisher’s website, e-mail pressrelease@xlibris.com or call at 1-888-795-4247, to receive a free publishing guide.
