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Some Numbers on Income
I Got This Question About Numbers of Sales It Takes… Now, I have done this post a bunch, mostly on making a living with your short fiction, so thought I would twist it a little just for fun. And to show some extremes. But everyone should be doing these numbers for themselves at times. And, of course, there is no right answer to this. Not a one. Since the 20Booksto50K conference was here and I did that talk which you can see a few posts back, let’s just use $50,000 for goal number. Novel Price is $5.99 electronic so you get $4 per sale. (You make extra paper and audio…
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Think Like a Publisher: 2015… Projected Income
Chapter Three Projected Income To actually get a profit-and-loss calculation for a book project, you must now make some pricing decisions and projections of income. Yeah, I know. I know. This is all so new, how can anyone predict how much money they will make on any project? Well, you can’t. Not really. But you can try. And you want to know a dirty little secret. New York traditional publishing can’t predict how much they will make on any book either. But they try. And that’s the key. To really act like a publisher, you need to understand what you are trying to gain. You need to know how many…