How much can you get for Writing a BookWhat can you get for writing a book?
Write a technical book: Does it pay?
I was asked a few questions as a moderate tech writer if it was really profitable to write a textbook, so I thought I'd keep my thoughts down here. It is looking for an writer who can prove his expertise in the field he writes about and put his idea on board; and it is looking for an area of interest at the time.
In addition, it is usually a presumption in the darkness how successfully a certain work will be. As a general principle, the publishing house wants a lifelong turnover of at least 100,000 dollars. One $40 retail bookshop is likely to earn the editor $20 in cash, which means that the $100,000 goal is to sell 5,000 copies (and give away a few hundred more).
Approximately 5,000 copies are initially being published, more or less covering this goal. If there is a default, the writer gets her edit from what rates were bargained for - 10% would be type of default (if there is one). That'?s the license fee. When you have good, happy, smart or a good agents, you can get up to 25% (unlikely).
Several writers have the income of the same writer, approximately equal to the amount they contribute to the work. When you have a 10% license fee, then this product gives $40 $20 to the Publishers (the balance goes to the bookstore) and then the Publishers pays you $2.00 per product of that - so for example, if the product hit this start 5,000 product selling goal, you would get $10,000.
Keep in mind that their $18 per copy must pay the cost of publication, promotion, sales, and overhead ( "employees, buildings," etc.) so that they don't really make a living from the proceeds if the work is sold little. Editors can move up several thousand bucks to the authors, and that gets payed off by the donations, so for example a progress of $5,000 means that you get the up-front (typically in installments as you beat mile stones like half the done work, etc).
Thats that means the editor has already been paying you the first $5,000 of the revenue you would get from booksales ( "and you get to keep that even if the product never makes that amount of sales). Prepayments are an inducement for you to finish the volume on the publisher's time scale.
The publishing houses will also be happy to give you a lump sum charge for a work without paying you a licence if you wish to do so. This should bring you a little more than you would make of a failed product, but if the product goes well, you won't get anything - indicating a definitive failure of confidence in your text.
Don't unterestimate this license fee. As I remember a highly acclaimed tech writer who told me that they never made less than $100,000 out of any kind of textbook, not even those that didn't seem so good, especially since he had an agents negotiating large royalties. One of the most popular textbooks is one that has sold over 20,000 times.
One bestseller is selling over 100,000 (remember that these are reference works, not other areas such as literature, which is totally different). One bestseller makes tens of thousands of dollars for the publishing house and tens of billions for the writer. Usually the "hot" subject in connection with a little good advertising and a little happiness leads to one - but if someone had a true notion of how to exactly forecast whether a novel will be a bestseller, he would be the most succesful editor in the annals of the word and also the wealthiest man in the kingdom, so you'd know about it.
It is enough to say that nobody knows what will become a best seller (an already accomplished writer has a better opportunity to do it, but it's still a big guess). Publishing houses are playing the game of gambling the book markets, trying to keep enough high grade textbooks (or at least "hot" textbooks) out there to make a better profit if one of their own is lucky.
All in all, you have the opportunity to publish a work if you think you have an advantage, can fill a hole in the books business or can contribute something better. You may think that your work will be more effective than the general one.
Await 20,000 titles already published (a highly acclaimed reference book). This will be distributed over several years, with most declining in the first year (say more than half) and the remainder slowly over about 5 years. When you are sufficiently succesful to be asked for a second print run (what you will be when the volume sells 20,000 copies), then that gives a big push to selling when it comes out, and so on for each issue.
The following issues can make as much or more than the first one. However, remember that the medium sized volume is not a success. So, you are more likely to make around $10,000 from your product than you are to make $50,000. Obviously, every writer is hoping that his work will be a big best-seller, but the compelling probability is that it won't be, and most best-sellers come as a total astonishment to everyone in it.
Okay, that's an attitude of anticipation for the earnings for the book, what about the amount of aging that goes with it? Now, that is up to you, and the difficulties of posting on the topic. Attempt to write a sample section. Then, there is graphic, test (it is a technical manual, the council must work and you must test it, or you are sure to be often wrong), scripting, lay-out, discussions with your editors.
So, take the amount of free space you needed to complete this example section and multiply it by 100. Sounds like a good enough period of nonsense to start composing a script? Don't overstate the anguish, most writers get to a point where they just poverty attempt of the product where this end 10% or 20% seems kind it never return finished.
Lastly, the non-derivative revenue from the account. When you have written a certain section of a textbook, even if it wasn't very good, everyone is amazed. So, I think it's really good to write a script? When you are currently earning about the same or less than the expected earnings and yet are very well-informed and good at communication in written form, then it is probably paying off because the immediate earnings would be good for you.
Otherwise I can only say that it was definitely profitable to write my textbook, not for your immediate earnings, but as a "calling card". I probably wouldn't go to any trouble to make someone else unless I had a great deal of free to do.