Business

Nobody Knows Anything

“Nobody knows anything…… Not one person in the entire motion picture field knows for a certainty what’s going to work. Every time out it’s a guess and, if you’re lucky, an educated one.” ― William Goldman, Adventures in the Screen Trade I’ve always liked this quote, because it’s so true—and it applies to publishing, too.…
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The Everything Store

Still Conflicted about Amazon

I’ve just finished reading Brad Stone’s The Everything Store: Jeff Bezos and the Age of Amazon. I’m still processing what I learned, and checking other sources for differing perspectives, but my initial reaction is that this is an eye-opening, clarifying, sobering yet illuminating resource for anyone interested in publishing or business in general.   I…
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Taxes and Writers

Taxes and Writers

It’s April 15th, woohoo! One of my favorite days of the year. NOT. Awhile back I blogged about making a living as a writer (Part 1 and Part 2), so today we’re going to talk about the unfortunate side effect of getting paid for your writing. Yup, it’s…. Taxes. Disclaimer: I’m not going to thoroughly…
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What About the Readers?

Most of you are probably a bit tired of reading about the e-book/self-publishing revolution, but today I’m going to jump into the fray with a question I’ve been thinking about. As traditional publishing is no longer the only or even the best option for writers to get their work published, more and more people will…
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Royalty Rates

I’ve written about royalty rates several times, and I usually avoid using actual numbers because royalty rates are varied across types of publishers, types of books, and book formats. But people keep asking me, so I’ll try to explain a little more clearly here. Royalty rates are calculated either on the retail (or cover) price…
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What About Market Research?

I’ve been asked this question several times by various people outside the publishing industry: Why don’t publishing houses do more market research? Most industries that sell to the public invest heavily in things like focus groups, surveys, and product testing. This is even done with TV shows and feature films. But it doesn’t seem the…
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Keeping Track of Things

Yesterday I wrote about treating your writing like a business, and being professional about how you deal with the finances and tax ramifications of that business. Continuing along those lines, today I want to suggest a couple more things you can do to stay organized in your writing business. If you’re in the querying stage,…
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Finances of Publishing:

Answering Questions from Last WeekI’m glad my two posts last week, How Do Book Royalties Work? and Is Your Book Worth It? seemed to be helpful. There were quite a few questions, a few of which I’ll try to answer here. Sara asked: If an author wants to help sell their own books (lectures, readings,…
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Major Publisher Opens Subsidy Publishing Division

As you all know, yesterday Thomas Nelson announced they are launching a new imprint, WestBow Press, which will operate as a subsidy publisher. Lots of people are talking about it and I thought I’d weigh in with a few thoughts. *Please note, this is preliminary since I’ve only had a few hours to think about…
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I love words.

I love books and publishing and talking incessantly about them.

I love authors and all the intricacies of managing a writing life.

I sell. I negotiate. I coach. I brainstorm.