RITA ® Award-Winning Author of Fantasy Romance
//Some advice today for newbie writers on writing your first book, including the importance of finishing and keeping it simple. Also, different muscles we use for writing and how approaching a work with various strategies exercises them.
//Some pitfalls to watch for in contracts with traditional publishing and literary agencies. Also author finances and taxes, why owning your process doesn’t mean loving it, and why experienced authors find it hard to teach.
//Battling the proliferation of secondary characters, and why that’s key to shorter works. Shipping Alex and Paul on The Morning Show and ruminations on love and unconditional support.
//I’m talking about author finances today and the challenge of a variable income – particularly if you don’t have a salaried spouse – and how that works out for predicting taxes. Also why I don’t think advertising is the be all and end all for Indies.
//I’m digging into how I balance the various demands of being a hybrid author, giving details on my current decision-tree, how I decide what to give my agent to submit to traditional publishing, etc.
//Zencastr borked on me, so there’s an abrupt ending, but I’m talking about self-publishing careers vs. trad-pub ones, AI and creativity, and writing a book that is an artistic conversation with another book.
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This week at the SFF Seven, we’re talking the business side of being a writer.
In our fantasies of being famous and beloved authors, we envision many things: bucolic writing sessions, romantic candlelit garrets with wine- and quill-strewn desks, celebrations with adoring fans, bookstore windows filled with our bestseller. (What’s yours? I’d love to know!) We (or, at least, I didn’t) don’t picture ourselves slaving at the computer, going cross-eyed over royalty statements or struggling to ramp up on the newest social media trend.
Many of us creatives don’t love the business side of being a writer. I mean, there’s a reason we took literature, theater, and art classes in college instead of Economics, and that we only knew where the business school was because we occasionally had to meet one of our friends there. With a few exceptions, as creatives, business is not our favorite learn.
But we have to learn to do it and we have to learn to do it WELL.
If we don’t, people will take advantage of us and, believe me, there are plenty lined up to do just that. There are ample cautionary tales of authors handing over the business aspects of their careers to someone else and losing everything. Even if it doesn’t go that badly, we run the risk of making foolish choices out of ignorance.
How much time do I spend on the business aspect of my writing life? A lot. At least as much time as I spend actually writing, possibly even twice as much, or even three times. Because I’m a hybrid author, self-publishing my books counts as me running a small, highly exclusive publishing company. It takes hours every day. On the trad publishing side, even though I have an agent who is amazing and efficient, I still have to spend a fair amount of time on back and forth with her – all business. And then there’s conventions and conferences, which are basically all business. Chatting with my author friends is fun and social, but also? Business.
The way I see it, since I write full-time and have no other job, anything I spend my time on that isn’t drafting or editing words counts as business. I take it very seriously.
//Some background on the difference between Back Cover Copy (BCC) and blurbs, how BCC remains the property of a publisher, even if rights are reverted, and what is a big NO to a publisher trying to retain.
//Marketing vs. promo, what traditional publishing brings to the table (and some examples of big fails), why all authors-regardless of publishing path-should learn promo, AND crunch their sales figures. This means learning to read royalty statements!
//Series and the difference in approach to them between traditional and self-publishing, including some numbers on my own series sell-through. Also insights into my filing system for writing projects.
