The Business of Authorship

In response to my other post this week, I was asked to go into more detail about authorship being a business. To make it clearer, I’ve broken it down two ways: Traditional Publishing and Self-Publishing. Most authors now-a-days are self-publishing, so we will start there.

Self-Publishing
You complete your manuscript (Product)
You spend money to have it packaged and printed and now you’re ready to introduce it to the world (Customers)
The customer buys it (Sale made)
You recoup your printing cost (Break even)
You made more than you put out (Profit)

Traditional Publishing with Agent
You complete your manuscript (Product)
You find an agent who you hope to have introduce your work to the publisher (Angel investor)
The agent finds the publisher who then gives you a contract stipulating they publish you, they.....

To read more, go to: http://zlspublishing.com/blog/?p=269

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