For a long time, I have been thinking about starting my own publishing company. I have been thinking about it since I finished writing my first book and while I was in college. I want the business to be author-centric. In other words, I want it to be a company where authors are the owners rather than just a commodity of the publishing business.
Since 2010, I have been learning how to self-publish. I made a lot of mistakes, but I learned from them, and I know I can help others avoid many of the mistakes that I made.
Over a year ago, I started writing a business plan. I decided that it would be best if the business was a corporation and I decided that it would be best if this corporation was an S corporation.
I also thought of a name for the business I decided to call it Jerjoboch Publications.
Then I got stuck. I got stuck because I was too busy writing books to find enough time to learn what I needed to learn about building a business.
I also needed money. You can’t establish a corporation without spending some money. However, I didn’t have the money to invest, nor did I feel that I had enough followers or connections with fellow authors to make this dream come true.
Because I needed to know more about marketing, since the end of NaNoWriMo last November, I have been researching that subject.
I have learned that one of the first things that I need to know is who my customers are. My customers are self-published authors who want to take charge of their own books and earn accordingly.
Starting last month, I have been reaching out to fellow self-published authors whose goal is to be in control of their own publishing fate. I am looking for authors who would like to form a corporation where we can work together to build an online self-published author nurturing center, a self-publishing author publishing company, an author PR firm and an author promotions company. In other words a corporation dedicated to helping authors control their own destiny.
Do you have the dream of self-publishing a book, but you don’t know where to start or what to do next? Contact me at firstname.lastname@example.org and we’ll see what we can do to help you. You can also check out the book I wrote about the writing process directed toward business owners who are considering self-publishing as well. Check it out at https://www.amazon.com/dp/B076NWLTSP
Advantages to Traditional Publishing
When I first thought about writing a book, I thought the same way that so many other would be authors thought. I imagined getting huge advance and being given the royal treatment when I went into New York City to meet my publisher. I imagined a limousine picking me up at the airport and driving me to an amazing suite where I would stay a week while I hit the circuit of going from television station to radio stations, to other interviews, having my own makeup artist and hairstylist, going shopping in the Fashion District and even seeing a Broadway show while I was there.
After my visit, the publishing company would distribute my book and put it in the front of the store in every major book seller in the country. I would be given a number of copies of my books that I could share with my family and friends, and I would “live the dream”.
Nice dream. Reality was far different. I learned later that advances were seldom given to new authors (although I have met one).
Disadvantages to Traditional Publishing
The first thing that I learned was that when an author signs a contract with a traditional publisher, the contract always benefits the publisher at the expense of the author. The contracts are written in legalese so if the author doesn’t have a lawyer to look over the contract, the author might have to do things that they didn’t realize was not to their benefit. I heard of one author’s contract where she had to pay the expenses for attending book signings in distant cities. She was paid a set amount per book, but the number of books that she was able to sell was not enough to pay for her expenses. I had another friend had to buy copies of his own books so that he could sell them at live events. He made more money selling at the live events than anything that the publisher did for him. In addition, the publisher wouldn’t allow him to sell his books in digital format at all. Both had sold their rights to their publisher so they had no recourse. I have heard of other authors who had sold all their rights to publishers. The author has to make changes in manuscripts, might have to use a title and cover design of the publisher’s choosing. The author might not have any say at all.
I also learned was that the traditional publishing process takes about two years before you ever get your book on the shelves. Afterwards, if you were one of the lucky few who were able to get an advance, you won’t get paid until you sell enough books to pay your advance.
While I was learning all about traditional publishing, I started looking into self-publishing. The differences were enlightening. There was no promise of any advance. Before I was ever able to sell a book, I would have to put out money for editing, formatting, and cover design.
Of course, there are other problems with self-publishing. There’s a huge learning curve and expense to self-publishing that doesn’t exist with traditional publishing. I would have to take charge of marketing and book distribution. Getting into major bookstores would be difficult and advertising would be on my own dime as well.
I found however that self-publishing has its advantages. As a self-publisher, I own my own work. I have complete control over the content of my book, editing, formatting and cover design. I have complete control over the creative process. I can decide how I market my books, both on-line and off-line. I can handle my own distribution by working directly with independent book stores. I can determine whether I want to go on a book signing or attend a specific event. I can decide what public relations I want to be a part.
As a self-publisher, I can set my prices and can earn 70 percent or more of the cost of the books that I wrote and designed. As a self-publisher, I am a creative and an entrepreneur.
Please Help Make A Coward’s Solace the Best It Can Be!
The manuscript of my book A Coward’s Solace is with my first beta reader, but that is not to say that the book is anywhere close to ready to publish for the public.Writing a self-published novel does not end with getting a finished manuscript. I still have to decide on a blurb for the back of the book, rewrite my bio and there’s the final cover design to choose. Would you help me choose the best cover?
Based only on these cover designs, which one would you most likely pick up to read?
Cygnet Brown has recently published her first nonfiction book: Simply Vegetable Gardening: Simple Organic Gardening Tips for the Beginning Gardener
She is also the author of historical fiction series The Locket Saga. Her upcoming book A Coward’s Solace will be available soon. For info on how you can get books by Cygnet Brown, and follow her click on this link..