Best Business Advice for Writers is a monthly link round-up where I share the best articles I’ve spotted online focused on the business of writing and publishing. Share any best reads you’ve found lately in the comments.
A plain-English post that should help quiet any anxiety you might have about optimizing your site for SEO, plus a clear explanation of those very rare cases where you might want to hire someone to assist.
How I Used Kickstarter to Reboot a Book Series and My Career by Tobias Buckell (@TobiasBuckell)
A 5,000-word article recounting one author’s experience using Kickstarter to crowdfund a project—the good, the bad, and the ugly. Lots of concrete tips here about how to run a successful campaign, plus he’s upfront about his mistakes so you can avoid them.
$26,679 in 24 Hours: Stats From My Latest Book Launch by Nathan Barry (@nathanbarry)
Nathan Barry is not a book author as much as he’s a designer who happens to be launching information products. But I always find it helpful to observe how someone outside of the writing-publishing industry cocoon approaches a launch, and learn from their techniques. He has a wonderful section on using e-mail that’s a must read—plus he shares dollars, sales numbers, and site traffic stats related to the launch.
Straight-forward insights (with data to back everything up) on e-book pricing. Must-read for any indie author currently publishing and selling e-books.
If you’re thinking of self-publishing in 2013 (or are actively pursuing an indie author model), these two posts are best read in tandem. The first is a set of predictions related to indie authorship and Amazon. Russell says:
Many indies will give up. Having realized belatedly that 99% of indies fail to make any real money at this, those that don’t feel like beating their heads against a seemingly indestructible wall will go on to something more lucrative. The Gold Rush mentality of “hey, look at X, he’s a talentless twat and sold a ton; it must be easy, so I’ll throw my hat into the ring because then maybe I’ll sell a ton, too” will die, as it should. It will become abundantly obvious to even the dimmest that this is a very, very difficult business to make a living at, and that the chances of being that one in a million are close to nil. … The perceived environment where you can be illiterate and still find someone who will give your book a shot will dry up as readers demand more in exchange for their limited time.
Then move over to Kristen Rusch’s blog for her takedown of myths related to indie publishing today. More tough love.
Here’s the thing: From 2008-2010, e-publishing on the early e-readers was a gold rush. And if you look at the history of any gold rush, you’ll see a familiar pattern. A few people hit it big in an unexpected way. They make a small fortune. They broadcast the news of that fortune, and then hundreds, if not thousands, of people follow. … Some of you will get rich very quickly. Some of you won’t. Most of you who stick with this for about ten years—the average time it takes for a writing career (hell, for any small business) to blossom—will make a good living at it. If you do it right, don’t sign your copyrights away, hire the best help, continue to improve, and stick with it.
Jane Friedman (@JaneFriedman) has nearly 25 years of experience in the media & publishing industry. She is the publisher of The Hot Sheet, the essential newsletter on the publishing industry for authors, and was named Publishing Commentator of the Year by Digital Book World in 2019.
In addition to being a professor with The Great Courses (How to Publish Your Book), she is the author of The Business of Being a Writer (University of Chicago Press), which received a starred review from Library Journal.
Jane speaks regularly at conferences and industry events such as Digital Book World and Frankfurt Book Fair, and has served on panels with the National Endowment for the Arts and the Creative Work Fund. Find out more.