Hi Manuscript Workers, Today’s newsletter is on a topic I’ve been meaning to write about for a long time. I will begin by saying that I’m a little nervous to send it, because it shares some personal details about something people sometimes think it isn’t “polite” or “professional” to talk about: money.
Thank you so much for sharing and for the transparency. I fully believe that we should all talk more openly about money because not talking about money is only helpful for the people who already have all the money. The rest of us benefit from really knowing how all this stuff works in real life!
Explaining royalties and advances! With real numbers!
Thank you so much for sharing and for the transparency. I fully believe that we should all talk more openly about money because not talking about money is only helpful for the people who already have all the money. The rest of us benefit from really knowing how all this stuff works in real life!
Here's details of a great on-line tool to help authors calculate when their book(s) might 'earn out', plus some guidance and debunking of associated publishing myths: https://countercraft.substack.com/p/calculating-when-your-book-will-earn
This is amazing thanks for sharing and for going through the statement so in depth with Kate. It was an eye opener!
Thanks for sharing!
Fascinating! Thanks for sharing! Cx
This is very helpful! Thanks both for the transparency and insights.