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If you have been on my site recently you will have noticed that I removed a post I wrote this week. It was a post about a specific resource offered for half price for a limited time. In the post I questioned the wisdom of spending large amounts of money on writing resources.
Although I removed the post because I did not want to adversely affect someone’s business, I still think it is important for writers to realize that our vulnerability can put us at risk.
Take vanity publishing for example. Some publishing companies will ask for as much as $5,000 from an author in exchange for a publishing contract. The author never sees a dime for all their hard work.
Unless you are paying for a limited number of copies outright, remember, the publisher pays you, not the other way around.
An author I know, who has published over thirty fiction books, tells me that $2,500 is typical of what she gets as an advance. She’ll probably get $5,000 total for a book. It’s not a lot of money, but at least it was paid to her, not the other way around.
At a writer’s conference I attended, a speaker in one of the small groups offered attendees a weekend of one-on-one mentoring in her home, along with a month of follow-up that included a couple of hours of coaching twice a week, for the total price of $3,000. Think of it, even if you came out with a book on the market, most of your income would already be eaten up.
There are people out there who prey on the vulnerability of new writers.
As my Christmas gift to my readers I am making my recently published short story entitled 101 Marbles available for free until December 24. Enter this coupon code QU66L to get your free copy on Smashwords.