How much do traditionally published authors really make?

As an author, I know many of us dream of the day we become published. Even with all the ways it’s become easier and more acceptable to self-publish, there’s still unique esteem associated with the traditional route. It’s acknowledgement and validation we all crave.

But when thinking about the practicality of being a published author, the grass isn’t exactly greener on the other side, at least not when it comes to earnings.

A study by the Author’s Guild in 2018 showed that the median income for traditionally published authors is about $12,400. Only 21% of full-time, published authors make 100% of their income from “book-related” activities and close to 20% reported earning zero income.

Take this information however you will. For me, it simply means I really have to get focused on building my own audience and on finding ways to make sure I’m continually engaging that audience in between books. If the day comes when I do get traditionally published, I’ll come fully prepared with a base of readers who have been supporting me for years.

The next CRY letter will focus on what self-published authors really make.

CRY

MORE FROM CRY

Have you read my novella Thoughts of a Fractured Soul? If you haven’t, here’s a short description:

Corey is reflecting on his life as a teenager who has just had his first child. He relives his story through a series of fragmented memories, pieces of sporadic thought capturing moments of his life as he tries to care for his family. But Corey is failing, and as he continues to struggle he realizes how easily the world can fracture his ambitions and force him to settle for a life of mediocrity. Thoughts of a Fractured Soul pushes the reader to piece together these fragments themselves, and decide on what part of Corey’s conflicting tale can be trusted.

Get a copy today.

How much do traditionally published authors really make? was originally published in C.R.Y on Medium, where people are continuing the conversation by highlighting and responding to this story.