Four Myths About Self-Publishing
Surprisingly,
after a decade of gaining popularity, some writers still dream of following the corporate route to publishing rather than self-publishing. That may be because plenty of myths about print on demand ��� in large part promulgated by big publishing houses and literary agents who benefit from the old system ��� still linger.
Let���s take a look at and debunk the more egregious of those myths.
No book of any value is ever self-published
Oh yeah? How about ���Leave of Grass��� by Walt Whitman, ���Poor Richards Almanac��� by Ben Franklin, or ���Birds of America��� by John Audubon? All were self-published. A conceit of corporate publishers is that only they can be arbiters of what is a quality book. The fact is that corporate publishers primarily are interested in what will sell the most copies (and hence yield the greatest profit), meaning most Big Six books are a race to the lowest common denominator. Simply put, ���sales��� does not equal ���quality.��� Arguably, corporations lower the standard of what is considered ���quality��� writing simply to make sales.
Indie authors do all of the work
While this can be true, without context it turns what in truth is a positive into a negative. Simply put, the price of an indie author having to do all of the editing, formatting, designing a cover, distributing and marketing comes only in time; the payoff is new skills learned, control over one���s product, and higher profits. The reality is all of that is lost with corporate publishers. The editor forces you to revise your book so that it is more marketable, a cover is designed that you have little to no say on, and in the end, you receive a low percentage of the profits, as the publisher needs to pay a editor, a formatter, a cover designer, a printer, and to make some money on top of that. And as for marketing, unless you���re one of the top 100 selling authors, you���ll have to do that all on your own. Of course, you don���t have to solely edit, format, design, distribute or market your book; you can contract out that work to freelancers, who will charge much less than the publisher���s employees earn.
Indie authors don���t make any money
While the advance from a corporate publisher likely will be larger than your first month���s profits from self-publishing, in the long run indie authors win. Authors with corporate publishers earn about 10 percent of the sales cost per book; in contrast, indie authors typically earn at least 35 percent of the sales cost per book. So for every three to four books a corporate author sells, an indie author only needs to sell one book to make the same amount of money. Remember, either way, you���ll have to do all of the marketing for your book on your own. Further, if your first book doesn���t sell well, the corporate publisher likely won���t agree to a contract for a second book. If an indie author���s first book doesn���t catch on, that���s no big deal ��� you can keep publishing until one does sell well.
Your work is only valid if a big publishing house prints it
The theory is that if a corporate publisher editor selects your work from the thousands he or she receives every month, then your manuscript has ���validity.��� In truth, that system is restrictive and anti-democratic. ���Validity��� simply is a codeword for ���marketable.��� That almost always means you���re either a celebrity or that your writing is imitative of what���s currently hot. So, if witch books are in, and you wrote one, you stand a greater chance of being published ��� even if it���s garbage and you know your Chupacabra book was better.
Professional Book Editor: Having your novel, short story or nonfiction manuscript proofread or edited before submitting it can prove invaluable. In an economic climate where you face heavy competition, your writing needs a second eye to give you the edge. I can provide that second eye.
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