I’ve been encouraged to keep going with my writing, but I have some questions. Unless I can answer those churning thoughts, the future looks vague.
What is the true cost of writing?
Does writing have a price, a value?
What is a true measure of a book’s worth?
I’ve been writing some book reviews so perhaps that is where the worth is measured – in writing a book that garners five-star reviews. I have finally got my first review for the second edition of Spiral of Hooves and it was a five. Hopefully, there will be more as don’t reviews drive sales.
However, I know as a writer that writing a review is not easy. So, I’m grateful to those that bother. It’s only been two months since the new edition of Spiral of Hooves was released – plenty of time. And there are thirteen reviews from the first edition across Amazon US and UK.
The real question is: Will the sales cover the financial costs of releasing that second edition. At present, probably not, as I estimate that I need one thousand sales to cover the costs so far. What were those costs?
Formatting $50
Cover $160
Publishing $17.19 [proof copy]
Promotion $226.59
Giveaways $488.05
TOTAL $941.83
Can I afford to publish another book? How much of my costs will even a small press cover? Can I justify the cost that is not included above thanks to some very generous editors?
Even if I find a small press – or an agent – I still need to be prepared to find an editor. I can go cheap, but that is foolish. The cost of a professional editor can be a $1,0000 or more. My current WIP, Fates Maelstrom, will require at least one if not three ‘sensitivity readers’ at $250 each. There is good editing software – like Fictionary – to reduce the number of paid edits, but that costs as well. $1,500 and rising.
Bottom line is that I’m retired and bills like medical, insurance, and HOA, as well as household expenses, are the priorities – followed by helping the family.
So – what should I do?
Give up writing?
Find a benefactor?
Write another 50k first draft for NaNoWriMo next month to postpone the decision?