Second Wednesday is for Indie Author stuffs...
I ran across an article last week that was a fabulous dose of reality about which kind of authors made how much money. Not that money is the be all and end all, but it is nice to know what we are in for...
See here is my thing...
I have a day job. I will HAVE TO have a day job until I make enough writing to make up for NOT having said day job... because my retirement and insurance are really good, this is quite a LOT of writing income I have to make, or I really CAN'T quit... And not just once, but a good guess it will continue in the foreseeable future. That means I really need to be in that LAST, six-figure group to quit the day job. (not my income, but my income plus insurance for my family plus retirement put me very close—close enough that when I start TAXING the money that buys insurance, it would push the need over)
[now I LOVE my dayjob in a lot of ways, I'd just really prefer to do it maybe half time—the content is great, the people are great, the cause is great... but it just ISN'T writing fiction to my heart...]
So I need to keep the income in mind... do I write a little and not worry about it, or do I try to write enough to cross over and be a WRITER?
That's why I'm talking about the money.
See, the OTHER thing about the money (and time and jobs)... When I have so little writing time, I REALLY only have WRITING time... and I have some projects I'd like to commit to as an INDIE publisher... An Indie person needs to be a jack of all trades, but with a JOB, I just don't have time for that—not even to DO it, but REALLY not to LEARN IT. Does that make sense?
I didn't really get it until I started publishing my serial, which I can only do Indie, there being no formal serial mechanism annallat... but there is a LOT of time involved (and money)--covers and editing—I am paying for these, but it means thus far I've lost money. I KNOW this will be worth it—to not have a sub-par product out there, but time and money... time and money... time and money... neither of which I have.
So back to the graph... did you know I am a number nerd by day?
These are all percentages, so it gets a little hard to know what is what in real numbers... I assume there are MANY more aspiring writers than published writers, though self-publishing makes crossing that bridge a lot easier... so N for aspiring is biggest, followed by self... but I have NO CLUE how traditional and hybrid categories compare.
|Comes out March 4--my 3rd Cozy|
What gives me HOPE though, is that distribution of purple... hybids. That's me.
I sent a book that would be first in a second cozy series to my agent this week. I think it will sell. I'd frankly like to ALWAYS have a traditional series going. It gets me invited places. (is that shallow?) I think breaking out is easier with an icebreaker... and my personality just is NOT charming enough to break out otherwise. I am awkward.
And while hybrids have about 26% of us sitting here where I am ($1-$4,999) the next bump is at the $20K-$40K slot and 14% of us are making over $100K... I can be top 14%!
I will believe forever that publishing route should be a match of goals, genre and personality, but I am SO RELIEVED to see I am not dooming myself going about this sort of willy-nilly as I am... I'd felt very uncommitted...but I'm NOT uncommitted! I am a THING! A HYBRID!