Counting the Cost

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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?

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4 thoughts on “Counting the Cost

  1. Oh my goodness, do NOT give up writing! If only for yourself. Giving up publishing is something else. To that, I can give no advice. I haven’t tried yet. If financing the book is the sticking point, have you explored crowdfunding? Don’t give up, and don’t despair. The world needs your creativity!

    Liked by 1 person

    • Thanks for the words of encouragement, Kathy. They were needed –
      a vote of confidence.

      Having spent part of the night thinking about NaNoWriMo and a few hours this morning mapping out a new novel concept, I know that I can’t give up the writing. Publishing has to be another issue, and yes, I have considered crowdfunding, although I might have to prioritise fundraising for treating my medical problems.

      Like

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