If we were to think about our writing life, and publishing life, in the way of a “traditional job,” we may consider things quite differently. You interview and you then “sit by the phone and wait for it to ring” (most things are done online now, but you get the idea), sweating, hoping. Phone rings—you didn’t get the job—DANG IT ALL TO HELLVITICA! That happens again, and again, until finally that phone rings and the answer is Yes! The job is yours! WHOOOP-WHOOOOP! You put on your work clothes and—
I’m set! I’m in the money!
The company offers you “upfront” money. That money will take care of expenses and such until you show them how successful you will be and how much money you will make them, or how much output you provide to make yourself a worthwhile risk. They’ll hold back your salary until you work enough to make up that upfront money. If you work for a huge company and they have reason to believe you’ll make them lots of moola, your advance could be Big. But, if like most of us pea-headed littlers you are more of a risk, advances aren’t going to be big, and some “companies” do not pay advances at all.
I receive advances on my books that are manageable enough to “earn back” quickly. You have to “pay back” that advance—meaning, you have to sell enough books to cover the advance before you begin making royalties. Dream big, but know the realities, y’allses.
I’m going to buy a car and a house and ten gallons of gelato from my trip to Italy. Zippity do dah! Zippity Ay!
Better check your salary again, y’aaaawwwwl! Whether big business or small, the money the company takes in and doles out—including your salary—has to go many different places. Imagine Good Ole Bubba’s Tools & Supplies. Bubba the owner hires you to make tools, and when you make those tools, he sells them. From that money he has to pay rent or mortgage on his building, utilities and other expenses; he has to pay taxes, insurance; he has to buy inventory; he has to pay all of his employees; he has to pay himself. If you provide Bubba with a service, you are only a part of the entire operation of who has to be paid. The money has to be spread around to keep the business afloat.
So, your book is published—print, e-book, ethereal transcription on a moonbeam. Everyone involved receives their cut. Industry standard royalty rate ranges, give or take percentages based on that particular contract, are from around 6 to 15 percent for paperback/hardback and 25 to 40 percent on ebook. So, let’s suppose you earn 10% royalty on each print book you sell, and your book sells for $15.00: 10% of $15.00 = $1.50 per book is your cut—well, not exactly, as you must pay taxes, and “pay back” any expenses you incurred (if any), and for those of you with an agent, take 15% more off the top of that $1.50 before you do anything else. Lawdy be in a bucket!
Takes a whole lotta books to make a living off that, doesn’t it, my beauties? Now, e-books earn a better royalty, and you can plug in the numbers yourself—still, tain’t a goldmine lessen you become a Kindle Millionaire or sumpin’—be realistic about your salary. Royalties can be really good one royalty period and not so good another royalty period. I have had royalties for a year that weren’t as much as just one royalty check earned off the sales of a book promotion. It’s a stressful way to make a living if you are on one income, and finding another income source is most likely a reality.
Dream big, but temper it with the certainties of just how difficult it is to make a good living being an author.
You’ve been working hard. You’ve put in your time and then some. You walk by The Big Boss’s office every so often, showing him/her your determined face, your sincere attitude, the nights you’ve stayed late, the weekends you’ve worked, the family time you’ve sacrificed. You’ve gone to meetings and didn’t even fall asleep-haw!—okay, once, but no one was the wiser.
You’ve done everything you can think of to be noticed by The Big Boss. And, well, he/she just doesn’t notice you. He/She has so many other employees who are doing the same thing, and some of them are backed by People who are able to slip into Big Boss’s office and put in a good word, or, some other employee just happens to be in the elevator with The Big Boss when she/he’s in a good mood, or when he/she just happens to be looking for that particular person’s smile or nod or look or good morning. Or somehow, an employee has some buzz going on a project he/she did and it develops legs and ruuuuuuuuuns.
There’s a lot of competition out there. And lotso times, the Big 5 (I believe it’s still five now) published authors garner the most attention, or the authors who’ve already had best sellers or are gaining attention for some other reason, et cetera-oony. It’s a saturated business, folkses. It’s a tough business. The Big Boss is busy, and important, and frankly, doesn’t have time to come to know every little employee out there—no matter how sincere or hardworking, and even, no matter how lovely and captivating and beautiful your work is. Yup. Dang.
My book will be in many bookstores across the land.
Your proposal is done. You’ve worked hard on the Slim Slam Piddly Lam account. It’s all done up in a nice folder, and you are proud of it. Now time to get it to the right hands. There’s two-hundred offices in the building; heck, if you could get even one-hundred or so Boss Peoples to look at your proposal, why, even that would be great; better to have all two-hundred, but, you’ll settle for half. You take your shiny proposal for the Slim Slam Piddly Lam account and make a hundred-fifty copies. You put them on your desk and wait. One person comes by—it’s Ms. Office Fifteen. She’s been a casual acquaintance and you bought her coffee one day. She takes a proposal, then because she likes you, she takes three more. HOT DAMN! You are on your way! Whooooop Whooooop! Four proposals! The other hundred-forty-six sit. La la la tee dah. *check watch* *tap fingers* *tap toes* *sob a little*
You make the rounds of a few offices: “Will you take my Slim Slamp Piddly Lam account proposal?” And a couple take one, but it ends up under a big stack of other proposals.
Some shake their heads no. They have enough proposals, no more space. You realize you just don’t have time or funds or energy to go to all hundred-forty-six offices, so you place your Slim Slam Piddly Lam account proposals on your desk, again, and hope word will get around—ungh ungh. Your supervisor who works with you on accounts is helping, too, taking half of those proposals and sending out word, newsletters, samples, et cetera. A few more proposals are placed, but nowhere near what you thought.
The truth is: sometimes you and your publishers (agent/editors/publicists, whomever) have to practically beg a bookstore to stock your book—until they tire of begging and stop—even if you are traditionally published by a viable press. Bookstores have limited space and they’re going to stock the “bigger names” –that means bigger in publishers and in authors.
Sadly but true, you can be a champion of brick and mortar bookstores, but when you approach them, they may or may not care. They may or may not stock your book. They may stock one just to be nice. Since you can’t conceivably contact every bookstore there is, there’s no way to have your book noticed by many bookstores—for them, it’s about their budget, and sentimentality usually goes one way: the author may be sentimental about having their books in brick and mortar bookstores but the sentimentality is often not returned—it’s a hard cold world out there in this book business. Make friends with your local bookstore owners and you probably will have success there, at least.
This is why Amazon and Nook and other e-readers have become important to authors—authors feel “heard” and authors are able to see their books on “shelves.” And author’s books are more likely to be read.
Once I have one book published, I am assured to have more published.
You landed the Shots a Lot account! Oh Happy Days are Near Again! Surely now the next couple of accounts will be Yours! You can kick back and relax now. Or . . . not. Well, dang it all to Dang Town!
With each book, you (or if you have an agent, the agent) still need to convince your publisher/publishing editor to take on your book. Even if the last book was successful. Now, granted, if you’ve had success with your first book or books, the chances are higher; however, you still need to present the book and have it approved.
This means: just as with the first time, you’ll write your novel without knowing whether you will have it published and without knowing whether all your work will be realized in print/e-book. You write regardless of the outcome. You write never knowing where it will take you, or if you will be published, if you will ever make a dime, or if you will only make a dime.
So my lovelies, tell me:
How many jobs would you take knowing these kinds of odds? How many jobs would you take making an unknown salary? How many jobs would you take where you could work your arse off for weeks, months, a year, or more, and Maybe MAYBE be paid, and maybe not? Would you take that job?
You have to love this business and have a crazy amount of faith and hope and daring.
(pardon this reprint of an earlier post – I have a danged ole Texas cold! I rarely was sick in the mountains, but here? Dang!)
Touty Plug of the day: (I’m really happy with how the covers to these little sweet stories turned out – beautiful water colors).
On your lunch break? Sitting bored in a waiting room? Need just one little simple story before you go to sleep? Shortie short stories are satisfying, and can be read quickly in one little spark of time. Download one of Kathryn Magendie’s very short stories, between 3,000 and 6,000 words, and gobble them up in one gulp—a nice little story-snack.