What?!? I won’t be a millionaire?

I came across an article by Terry Cordingley [ Read it HERE ] about what it’s “REALLY” like being a New York Times bestselling author and I thought I’d share it with all my author friends.  Some of the information might surprise you—it did me. 



Like this quote from the article:

The author's royalties for that period were about $40,500. However, her net earnings, after returns, royalty holdbacks, etc., were just under $28,000. Her ACTUAL earnings for the period (because she had re...