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One of the biggest decisions a potential author faces is whether to self-publish or to seek a literary agent that can hopefully attain a traditional publisher for her book. While there are still benefits to traditional publishing there are several benefits for entrepreneurs and authors who want to bring a book to market via the route of self-publishing.
In the following article I will be sharing “The Top 4 Benefits to Self-Publishing” from my perspective as an entrepreneur, author, success coach and psychologist. I will also discuss some of the peculiar challenges and joys of self-publishing my book The Adventures of Isabelle Book I: The Embryo Goddess and the Morpho
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- You get to keep more of profits you control this decide what you want to invest and make as profit
- Higher royalties i.e. 40-60% vs. 10-15% for Hardcover, 8-10% for Softcover and 25% + for e-books that are traditionally published. Note the higher margin for e-books.
- Good passive income stream once book written esp. e-books. Print on Demand (POD) allows you to print books for customers as they are ordered thus avoiding keeping a large inventory or having unsold books.
- While you have to pay for editing, design and printing you can shop around to get good price
- No wait on royalties but also NO ADVANCE as in traditional publishing.
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- Having a book means that you have a product from which your clients can benefit.
- You are able to help more people by sharing your knowledge and expertise.
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- Shows expertise in your field.
- Can attract speaking opportunities
- Adds to your credibility
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- You own all rights of truly self-published books. No constraints set by publishing house.
- You maintain control of the creative aspects i.e. cover art, design. I’ve known authors who are unhappy with cover art and design when using traditional publisher.
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Cheap Atarax Answer: It’s difficult to do marketing and book promotion on my own. It’s challenging to get the work out there and it’s hard to get bookstores interested in self-published books but it is possible.
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I also love the intimate events like the Cross-Generational Readings. I love when people tell me that they have gotten real enjoyment and a message from my book. It makes me happy to feel that people are actually getting something from my book!
What are some of the Additional Benefits of Self-Publishing?
- Process is relatively easy with online publishing and programs that authors can use to create their books.
- Faster process to bring books to market.
- Self-published books can attract traditional publishers for future publications.
Self-publishing has empowered authors in new and exciting ways. One thing to keep in mind before you go this or the traditional route is to do your research and have a goal and a plan for your book.
If you want to consult about this or any other aspect of success coaching then let’s Connect…
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