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| Photo by Erwan Hesry on Unsplash |
Facebook: fb.me/annamittowerauthor
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| Photo by Erwan Hesry on Unsplash |
I’ve discovered that in general, authors are not numbers people. They tend to have vague idea of sales and revenue earned. In fact, most authors probably don’t scrutinize their royalty statements like they should (with a few exceptions of course). And I get it. Authors are creative folks. Math uses the other side of the brain. But if you are digitally self-publishing, then you are your own publisher. And given that, you should be generating your own royalty statements in an excel spreadsheet. Here’s what you should track and why.
TO TRACK:
1) All Price Points – sales especially
2) All editions — including audio/shorter works
3) Copies given away for free
4) All distribution venues where editions are available
5) Percentage splits/royalty
6) Cumulative totalsContinue reading to find out why at Nelson Agency.


Click here to continue reading. It's a long post, but well worth the time spent reading it.The Business Rusch: Why Not?
Kristine Kathryn Rusch
On TV’s most popular drama series, NCIS, the main character, Leroy Jethro Gibbs, walks through the office, and if he hears a stupid statement, he slaps the speaker on the back of the head. Now, this is fiction, mind you. In any real office, military or not, he’d probably be fired, brought up on charges, or forced to have sensitivity training.
But that’s not my point.
My point is: I can relate.
I walk past writer after writer after writer, and as I hear what comes out of their mouths, I want to slap some sense into them. Because words don’t seem to be working.
Which is odd, considering that writers use words as their stock in trade.
The biggest problem writers have as a class isn’t that they work too cheaply, which I wrote about last week, or even that they don’t understand business, which I write about almost every week, but that they think too small.
Huh? you think to yourself as you read this. My last novel clocked in at 140,000 words. I invented an entire world. I don’t think small.
Oh, yes, you do. Every damn day. It’s the rare writer who actually has ambitions—real ambitions—and stands up for them. It’s the rare writer who not only dreams of glory (bestseller lists, millions of dollars, fame, lasting acclaim, or whatever) but actually works toward those dreams.