|
Post by adrianallan on Sept 13, 2021 14:42:57 GMT
I'm wondering how feasible it is to make a first income self publishing books?
Would you regard it more as a second income?
Or just a bit more than pocket money?
I write music books on a fairly popular topic (Paul McCartney and the Beatles), and people contact me from around the world.
But most of my books tend to sell on Amazon, so I only get around £2 per sale
I earn around £700 a year selling my books. Which isn't terrible, but it's quite a small amount I suppose
What income level from selling books would be considered successful?
|
|
|
Post by Ken on Sept 13, 2021 14:50:09 GMT
What income level from selling books would be considered successful? 100K
|
|
|
Post by adrianallan on Sept 13, 2021 15:28:24 GMT
What income level from selling books would be considered successful? 100K Wow, that is a lot Of course, I was waiting for somebody to say "you can't judge success purely in monetary terms". A really well respected text-book in an obscure field may sell very few copies - but it is still very successful and probably brought the author a lot of respect and fulfilment On a personal level, I know I won't make much money doing this - so the reviews on Amazon are very important to me.
|
|
|
Post by BlueAndGold on Sept 13, 2021 16:36:36 GMT
You can't judge success purely in monetary terms. (Happy to oblige.) I didn't see any negative numbers to click on.
When received royalties less taxes amount to single-digit percentages per sale, we ain't in this to get rich, obviously. Distributors sure make out though. Like pirates they pillage the bounty. Arrrrrrr...
Hmmm, come to think of it, why do we bother?
Live and learn...
EDIT: I might add, person-to-person cash sales put vastly more coin in the pocket, percentage-wise. I would rather make a single in-person, discounted, cash sale than five sales through a thieving distributor. Everyone involved is happier with the outcome.
|
|
|
Post by Retread-Retired-Cameron on Sept 13, 2021 16:59:50 GMT
What a writer makes basically depends on factors like how well they write, amount of interest there is in the subject, amount spent on advertising and promotion, ad nauseum.
The Bureau of Labor Statistics stated the median annual income for writers / authors in May 2020 was $67,120 [Pounds Sterling 48,501.31], as in half of writers make more and half make less.
Some truly great writers never earn diddly squat due to few if any sales, while others make decent money churning out less than inspiring work.
My mother once told me "nobody will ever read the crap" I write, so in my case success could be defined as people reading my work, enjoying it, and at times seeing the world a bit differently as a result.
Any money earned as a result is a bonus.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 13, 2021 20:17:30 GMT
You can't judge success purely in monetary terms. (Happy to oblige.) I didn't see any negative numbers to click on.
When received royalties less taxes amount to single-digit percentages per sale, we ain't in this to get rich, obviously. Distributors sure make out though. Like pirates they pillage the bounty. Arrrrrrr...
Hmmm, come to think of it, why do we bother?
Live and learn...
EDIT: I might add, person-to-person cash sales put vastly more coin in the pocket, percentage-wise. I would rather make a single in-person, discounted, cash sale than five sales through a thieving distributor. Everyone involved is happier with the outcome.
It's immortality. That's why we bother. Our own little pebble in the ocean.
|
|
|
Post by BlueAndGold on Sept 13, 2021 21:08:59 GMT
Hmmm, come to think of it, why do we bother?
It's immortality. That's why we bother. Our own little pebble in the ocean.
Hmmmm. Maybe. Good thought. Seems like a pretty futile gesture for immortality though. Maybe it's just vanity? It sure as heck isn't for profit!
I published my first book because someone told me I should. I never really advertised it and it took 3-1/2 years to sell the first copy, but it was a fun new exercise and I wanted to do it more. So I did it more. Still don't advertise. Didn't even let my family know.
Should I admit all that?
|
|
|
Post by adrianallan on Sept 13, 2021 21:46:04 GMT
I think that the one of the greatest thing you can do is to create something and then share it.
That is what motivates me - I think all of us are naturally creative.
The act of creation is not only about the words, either. I get a lot of satisfation seeing the whole project come together, inlcuding the design, the cover, the index etc.
|
|
|
Post by BlueAndGold on Sept 13, 2021 22:31:31 GMT
Quite right, Adrian! As you and Cameron both alluded to, there is not only the thrill of creation and expression, whether shared or not, but there is also the gratification factor one gets when he learns something he created either entertained or edified or brought pleasure to someone else.
It feels GOOD to give the gift of pleasure. THAT can transcend a monetary value and in my mind, anyway, it means "success". When you learn that someone enjoyed your work enough to A) buy it; and, B) write a positive review, well, that is success consummated.
Vanity? Not always.
|
|
|
Post by BlueAndGold on Sept 13, 2021 22:36:42 GMT
But then again I think of Robert A. Heinlein's perspective on it. (He was a very prolific, famous, and widely-read author of science-fiction.)
He said there with three reasons why he wrote. ONE: to make money; TWO: to make money; and, THREE: to make money.
He found his success.
|
|
|
Post by Retread-Retired-Cameron on Sept 13, 2021 23:07:46 GMT
Quite right, Adrian! As you and Cameron both alluded to, there is not only the thrill of creation and expression, whether shared or not, but there is also the gratification factor one gets when he learns something he created either entertained or edified or brought pleasure to someone else. It feels GOOD to give the gift of pleasure. THAT can transcend a monetary value and in my mind, anyway, it means "success". When you learn that someone enjoyed your work enough to A) buy it; and, B) write a positive review, well, that is success consummated. Vanity? Not always. Personally I don't care if someone finds pleasure in my writing because that is outside my control. If a reader learns something they otherwise wouldn't have known from my work, I've done something.
But what would I know, I'm the idiot of the family.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 14, 2021 9:46:50 GMT
It's immortality. That's why we bother. Our own little pebble in the ocean.
Hmmmm. Maybe. Good thought. Seems like a pretty futile gesture for immortality though. Maybe it's just vanity? It sure as heck isn't for profit!
I published my first book because someone told me I should. I never really advertised it and it took 3-1/2 years to sell the first copy, but it was a fun new exercise and I wanted to do it more. So I did it more. Still don't advertise. Didn't even let my family know.
Should I admit all that?
Hmmm... I don't think it's vanity. I created one because it was on my bucket list. Then I couldn't stop. Creating heals. Eventually I got sick of making them for myself and I thought , why not.
|
|
|
Post by potet on Sept 14, 2021 11:16:35 GMT
I consider myself fairly successful as an author because my royalties amount to about 500€ per year, and this is remarkable for didactic books the readership of which is always small.
|
|
|
Post by cadbob on Oct 21, 2021 18:25:20 GMT
I recall speaking to the owner of a small independent UK publisher who told me that if any of his companies book sold 300 or more copies they considered it a success.
In terms of making money, well, all I can say is that so far this year for Pencil Tip 2021 has been our best year in terms of the number of books sold and profit made. We're not talking crazy numbers here but I'm very happy with how sales etc have gone. We won't be getting rich but we're doing okay.
|
|
|
Post by Ken on Oct 22, 2021 8:09:25 GMT
Latest payments from LSI dropped in the post this morning.
|
|