I wish biographies spent 10x as much time on the “struggle years” and 1/10 the time on the “now they are rich and successful and donating to a bunch of charities” years
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If authors could make 10x-100x what they do from books, that might be possible. Author income surveys vary quite a bit, but even among people published by major publishers, very very few exceed more than a few $10k per year of work on a book.
A good example, comparable to results in other surveys is this. Median for traditional publication is less than $10k per year. Less for self-publication. It's a miracle books are as good as they are.pic.twitter.com/5ZAkM71ebG
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Ebooks/etc for technical authors have a much healthier curve, although for the amount of risk/business savvy ventured doesn’t earn a huge premium over software engineering. (Can be done from anywhere though, which many friends take advantage of.)
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My impression is that meat-and-potatoes execution on the playbook, and it is a playbook, gets about one $40k launch for a book which took 6 to 16 weeks to write.
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is beyond depressing.
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Yeah. If you haven't, ask a "famous author" sometime what they make. A tiny few genuinely make money. But so many prizewinning authors, famous in their field, are likely to be in the 10-50k range, and to have < $10k some years. Writing is utterly brutal. But a tiny few do v. well
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