This month I celebrate two years being an independent author/publisher. Since November 2014, I’ve published 11 novels, 2 novellas, 2 collections of shorter works, and 6 short stories. Plus one flash fic was published by One for a Thousand ezine. I’ve had over 220 downloads of my books and stories and have made a wee bit over $500. Certainly not bestseller status nor am I making a king’s ransom.
However, I am published and I am selling books. If I’d gone the traditional route, I very well could still be looking for an agent. And most likely would be, as traditional publishers accept less than 300 new fiction authors each year. If one thinks the competition is stiff being an indie author/publisher, at least we’re competing for sales — not the “privilege” of being allowed entrance to the “club”.
So I’d have to say that my numbers are pretty decent. Especially considering I’ve done little advertising. And another thing to consider is that a mere 15 years ago, viable self-publishing on a large scale didn’t even exist. Thank you to Amazon and their Kindle and Apple and their iPad for making all this possible. Today we truly have desktop publishing.
However, as one can also see, if anyone is thinking self-publishing is the path to riches, think again. I know of indie authors who sell one or two copies a month. A lot of work for very small returns. As with any self-employment venture, it takes time, hard work, money, and patience before you begin to see a return. One writer recently told me it takes 5 to 7 years before a self-employment venture takes off — if it’s going to take off. Given that, I have 3 to 5 years of work ahead of me.
Aside from publishing books, I’ve spent the past year boning up on marketing. I had a bit of marketing in an economics class in high school some 50 years ago. Needless to say, I don’t remember much. I sunk over $600 into Mark Dawson’s Facebook Advertising for Authors course and I learned a lot. I think the course was worth the money. I’ve also taken numerous free courses and read a few books.
What I’ve realized is an indie author/publisher is a business. A self-employed business. A self-employed direct marketing business. Therefore I must think like a self-employed direct marketing businessman. Not as an artist. Otherwise, I don’t stand much of a chance of succeeding. And I certainly don’t want to not succeed. At the very least, I hope to recoup my initial costs and be able to break even on the ongoing costs. Sure I’d like more, but I’ll be satisfied to at least break even.
What does the next year hold? I’ve been giving it a lot of thought. Certainly more writing and publishing.
Early in the new year, I’ll bring out the seventh volume in The Rocheport Saga. I’m also hard at work on the next Justinia Wright novel. In addition I have two adventures for Lady Dru I’m champing at the bit to get written. Plus I have a partially written time travel adventure I’d like to finish. That’s on the fiction side.
Over the past year I’ve been thinking about non-fiction. My sister racks up at least 10 sales a month on her art therapy book without fail. And she does absolutely no advertising. Statistically (data from AuthorEarnings.com) non-fiction is the second largest category after romance for book sales. Very old advice from back in the day before the internet said non-fiction was the way to go if one wanted steady income to put food on the table, pay the rent, and buy clothes. Apparently that advice is still valid.
So I’ve been thinking about writing some non-fiction. What would I write about? That is a good question. For many years now I’ve been fascinated by the concept of simple living and how groups and individuals have gone about simplifying their lives. I’m also very much interested in silence and solitude, both as a spiritual exercise and one to simply bring tranquility to one’s daily life. And ever since high school I’ve admired Stoic philosophy. Stoicism not only touches on simple living and inner tranquility, but I believe holds the key for how we in the 21st century can best realize our potential. I think Stoicism is a far better practice for we Westerners than the eastern philosophies and faiths.
If I decide to go the non-fiction route, I’ll probably write on what I’ve noted above. Self-help books related to silence and solitude, simple living, and Stoicism for the 21st century. Stay tuned!
The past two years have been fun, a bit frustrating, an educational experience, and very rewarding. There is nothing that can beat being your own person, in control of your own destiny.
Mark Dawson started publishing a year before I did. He now pulls in seven figures. That’s a lot of cash. He’s worked hard and invested a LOT of money in his self-publishing enterprise. So the rewards are out there, if one is willing to work at it.
I’m also going to work on the business end. Because that’s what Dawson did. He wrote books and advertised the heck out of them. But first he built up his mailing list. So that is my next step. Grow my mailing list from the 21 it’s currently at to… Well, as high as I can. Two, three, four, ten, twenty, thirty thousand. However high it gets.
Write and publish books — keep the product coming, build the mailing list, and market. That’s what’s in store for me for next year.
And I’m very excited about it!
As always, I look forward to your comments! Until next time, happy reading!Share This!