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?
Publishing $17.19 [proof copy]
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?
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!
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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.
Yeah, self-publishing does take a lot of money, especially the editing. It’s the cost that makes presses like Freedom Fox Press that much more appealing.
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So very true. With that good advice, Loni, I’m heading over to http://www.dancinglemurpressllc.com/freedom-fox-press/ – thanks.