Tag Archives: Money

Barbara Freethy hits 1 million mark in self-published ebook sales for 2011

In case anyone missed it, here’s Barbara Freethy’s announcement about hitting the 1 million mark in self-published ebooks sold in 2011.  Here’s a brief quote from the PR release:

Unlike independently published authors who publish at the $0.99 price point to fuel sales, Freethy’s books are primarily priced between $2.99 and $5.99. Her self-published books come from her extensive backlist, whose rights were reverted after the books went out of print. Freethy repackaged the books and put them on sale again, finding gold in books that had been taking up space in her closet”

The full PR announcement is at:
http://www.prnewswire.com/news-releases/author-barbara-freethy-sells-over-one-million-self-published-e-books-in-2011-132522313.html

I notice she’s selling not only through Kindle, but also made sure to have her ebooks on the Nook, Kobo, Sony, and Smashwords. Also has a deal with Overdrive.

Just for fun, let’s calculate what that is in cold hard cash. If we take a 70% cut of $2.99 for a self-published ebook, that’s about $2.09 per book. Sell 1 million ebooks at $2.99, and that’s $2,090,000.

Nice! This is fascinating times we live in.

Thanks to Passive Guy and David Gaughran for getting the word out.

The Power of Kickstarter and Other Links

I’ve been swamped with writing and editing work, so that’s why I’ve been so quiet here on the blog for a bit. But there’s some links I want to share before I forget.

Everyone has probably heard all about Kickstarter (the funding platform for creative projects), but if you haven’t, go and check them out! Kickstarter is proving to be a great way for professional artists to get the start-up funds they need and for people to support favorite artists and web shows. For example:

A writer friend of mine, Annie Bellet, was able to successfully use Kickstarter to help fund her tuition to Clarion this past summer.

The web show Put This On just successfully raised over $70,000 to film Season Two.

Travis Hanson, a fantasy/comics illustrator I got to meet briefly at Albuquerque Comic Con, has successfully raised the funds he needs to print his web comic in book format.

Money has always been an issue for artists, especially filmmakers and illustrators, so the rise of crowd-sourcing such as Kickstarter excites me to no end.

And 20+ year pro Bob Mayer has some blunt, quick advice on how to be a fiction writer that has a career that lasts for decades.

A Blog Post to Give Comfort in Rough Times, and a Few More Links

I also found out about a website that has various posts by pro writers (such as David Morrell) about the publishing industry.  It’s called Backspace – The Writer’s Place.

Another great resource is the NINC blog. Members of NINC have to be multi-published in order to join, so I find the information and blogs professional in tone and attitude.

Also, there’s Bob Mayer’s blog. He has 20 years of experience as a fiction writer in traditional publishing, and 2 years of experience doing indie publishing, so I find his posts have a lot of depth to them.

The Craving for Validation Can Really Screw Things Up

Writers–especially new writers–crave validation the way a cat craves catnip. I’ve seen the craving result in a few writers doing some incredibly destructive things from a business perspective. I myself did quite a few stupid things business-wise due to the validation crapola in my head until I learned from much more experienced writers that the crapola was there and that I needed to get rid of it.

Validation is NOT asking “Is this piece of writing any good?”  Validation is all about saying stuff like:

When thus-and-so happens, then will I be a REAL writer.

It’s the part about “then I will be a real writer” that messes writers up in the head. Badly.

Several wise old pros told me, “a real writer is someone who writes, day in and day out,” and I used to be inexperienced and stupid enough to scoff at that saying.  Surely there had to be more to being a “real” writer.

I don’t scoff anymore, because I’ve learned the hard way that there’s a core seed of truth to what those writers said.

A writer writes.

A painter paints.

A singer sings.

A coder codes.

Whenever someone quits doing the action (code, sing, write, etc.) that is the core of their dream, everything grinds to halt in a matter of time. Writers who stop writing will eventually become the topic of “What ever happened to so and so?” among readers.

Also, validation is NOT about setting goals.  It’s fine to have goals.

What I’m talking about here is having a mindset where a writer is totally dependent on a particular thing happening to feel like a “real” writer. This dependency results in neediness that can be manipulated by scammers, and a frantic urgency that results in bad business decisions that can postpone (or even wreck) the ability to make a living as a writer.

For quite a number of writers, “thus-and-so” is “published with a NYC publishing house.” The problem is the “When I am published by a NYC publishing house, then I will be real writer” mindset leads to a neediness that makes it hard for a writer to do the negotiating that needs to be done to get a decent contract.

Here’s something to think about.  These NYC publishing contracts are between a writer and a corporation.  We aren’t talking about two individuals working out a joint partnership here. Those people you meet from the corporation can be really really nice, but at the end of the day it’s the corporation the writer signs with. Editors and CEOs can be fired.

The craving for validation from corporations based in NYC can be used against a writer in contract negotiations. It’s just the nature of business–the writer’s book is a profit-and-loss statement for the corporation. If a writer wants to play doormat, that’s the writer’s problem as far as the corporate entity is concerned. Sometimes an editor will warn a writer if the writer acts too much like a pathetic wuss in negotiations, but for the most part the writer is on his or her own.

The other nasty part of this “NYC publishing house” requirement for being a “real” writer is that all the great middle-sized publishing companies get ignored because one is chasing after a narrow definition of being “real.”  There are some terrific small and middle-sized publishing houses out there, ones that are going to be big publishing houses 15 years from now.

Lastly, the whole mindset of  “when thus-and-so happens, then I’ll be a real writer” also makes it harder to keep morale up. Several old pros have pointed out to me that writing is disheartening enough as it is due to the rejection process; there’s no need to pile more anguish on by setting absurd goals for what is “real” as a writer.

A real writer writes, day in and day out.

Everything else is just a goal to aim for.

The Pricelessness of Time, and a Couple of Great Links

There are only 24 hours in a day. That’s it. Even those people who have a natural need for only 4-5 hours a sleep a night (or even none) can’t get around this time limitation.

Several swift deaths that have happened to people I cared about over the past three years have brought home to me just how priceless the time we are given is.  Once Death shows up for you, it’s over.  That’s it. We all like to assume we’re going to live into our eighties or later, but there’s no guarantee. And people love to assume that they’ll have lots of time to put their lives in order and do those things they always dreamed about.

Death can kill you in seconds. A stroke can strike you down where you stand and there won’t be time to say, “Goodbye,” or write a couple of poems before it is too late.

Never assume you can wait until retirement to do the things you dream about. People die before they reach retirement all the time. If your dream is to go to Paris before you die, start planning out tiny steps tonight that you take to work towards making that dream a reality sooner rather than later.

I think about time a lot, since I’m in the “squeeze” years. There’s work to do, a family to raise, a house with never-ending repairs to deal with, and writing to do. Several of my hobbies had to be put aside when I started to pursue writing in a serious way–there were only so many hours in a day.

Several months ago, I decided to turn off comments on my blog, because it was either do that or stop blogging all together. I didn’t know what impact it would have, but one of the surprising results was that now my blog thoughts sometimes dig deeper into things.  The time I used have to waste wading through spam in the queue instead gets spent thinking and writing the post instead.  There is only so much time each week I can devote to a blog, and I was actually surprised at how much a help it was time-wise to have comments off.

Zoe Winters did a post not too long ago about why she turned off comments on her blog, and brings up her reasons why a writer may want to do so.  Every writer is different–one writer’s healing potion is another writer’s poison. So each of us will have to experiment to see what works best.

In other news, I stumbled across a wonderful short essay by James Lee Burke on writing, “Seeking a Vision of Truth,” that can give consolation to writers in difficult times. I hadn’t known that his novel The Lost Get-Back Boogie received 110 rejections during nine years of submission.  I’ve provided the link to get to it on his website.

Also, musician Jonathan Coulton has done a long thoughtful essay on how he became a success as an indie musician. I think what he has to say also applies to becoming a success as a fiction writer (whether traditional, indie, or a traditional/indie combo).

So, I leave you all with the question, “When Death comes for you, is there anything you’re going to regret having not done? And if the answer is ‘Yes,’ what small steps can you take here and now to change that?”