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.
5. The famous book One Minute Manager started out as a self-published work.
6. 93% of all books published in America sell less than 500 copies!
...Also, please check out the "I am happy" project. You can find it at www.Iamhappyproject.org.
Very cool stuff. Thanks guys!!!
tom
4 comments:
What a great day that was! Drinking from a fire hose. Agreed completely on Jen and Stephanie; smart smart people. Really glad you were able to join us.
Spinhead,
YOUR name not withstanding, MY head was spinning from about noon on that day! I learned so much I'm still trying to take it all in! A fantastic event! I just hope some day I have the opportunity to give back a small fraction of what that group gave me last Sat.
tom
Tom - Thank you so much for your mention in this post! (Joel - you too!) Bill's event was jam-packed with great information all day. I had a great time not just speaking, but meeting so many new, interesting people with great stories to tell. If there is ever anything I can do to help you build your personal brand, or market your business online, please let me know!
Thanks, Jennifer! Believe me, after that presentation, you are at the top of my list!
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