Money blinds. It’s as simple as that. Aspiring authors ask about the money issue all the time, in varying forms, (How much does it cost to publish? How much will I get paid in royalties?, etc.) but they can’t see beyond that issue to think about the thing that will truly decide the money question. And here it is:
What Do You Want From Your Book?
That is the real question! Once you are clear about what you want out of the publishing process, you can decide what route would be the most satisfying–and profitable–for you. When it comes right down it it, you can spend as much or as little as you want on your book. But how much are you willing to spend to get what you want?
When you aren’t clear, you can make poor decisions that won’t line up with your goals. For instance, many authors have a goal of making a lot of money, but they won’t consider self publishing. The fact is that unless you can immediately sell on the level of an Oprah’s Book Club selection or a James Patterson or a Dan Brown, it’s going to take a very long time before your royalties add up to much. When you self publish you take on risk,...
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