Wednesday, November 21, 2012

Here's an interesting blog I wanted to share: What happens when an author gives up?

Thoughts?

Also, what numbers have you all seen? There were no sources for the statistics posted; can you find articles to back these numbers up? Is it reasonable to say that less than one-fifth of one percent of self-published writers earn at least $2,000 a month?

I'm putting you all to work. Indie authors, I'd love to hear your personal experience. Traditional authors, what about you?

And what percent of traditional authors earn an average of $2,000 a month--can you find articles on that?

Let's do a little comparison work here. Just curious.

Is there any data on hybrid authors yet, authors who have both traditionally and indie-published books?

If I get enough articles for actual comparison purposes, I'll make a post devoted to looking at the financials, based off the information within.

4 comments:

  1. Also, what percentage of the 700,000 indie authors are doing it for a living as opposed to hobbyists?

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    1. Good question! I hadn't even thought of that one. How many of these 700K are serious? How many, for that matter, are just trying to make a quick buck and don't qualify even as hobbyists? That could really skew statistics, since I don't think most opportunists make anything like they think they will. If 200,000 make $10 from a slap-dash conglomerate of old college essays, then serious writers are actually doing better.

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  2. I read the article you linked to--it was such an encouragement. Thanks! I know a lot of writers both traditionally published and indie. And I have to say that I know only one who makes a good living on it. Some make "half" livings. But the majority work full time and write on the side.

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    1. Glad you liked it! The majority of writers I know also have regular jobs to balance the paychecks. A few are even stay-at-home parents with small kids, which leaves them even less time for writing than a 40-hour workweek. While I've met a few who write full time, it's a difficult mountain to climb to get there.

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