Great time today at the annual
Fall Writer's Event sponsored by Prismatic.
Bill Walker did a great job lining up a fantastic group of presenters and speakers, including folks like
Joel Canfield and
Jerry Kennedy. Superb way to wade into the tide of becoming an author. Lots of great information on how to self-pubish, the pros and cons, and comparisons to both traditional publishing and on-demand publishing.
Jennifer Bourn simply blew me away with her presentation; literally a torrent of useful information on how to build your online brand and marketing platform. I also loved
Stephanie Chandler's talk; super inspiration!
Some interesting facts:
1. 95-98% of all traditionally published books lose money! That means the other ones need to make a TON of money to make up for those losses...not very good odds.
2. If you go the traditional route, you will be lucky to make $1 for every book you sell.
3. In either case [traditional or self-publish], YOU will be responsible for ALL the work, including marketing.
4. The only real advantages of traditional publishing are a) credibility, and b) distribution.
6. 93% of all books published in America sell less than 500 copies!
Very cool stuff. Thanks guys!!!
tom