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Posts Tagged ‘balboa press’

One of the strongest motivations for publishing is having something to say that can help others. Donna Schwenk had suffered from some health challenges that led her to change her diet and the way she prepared food for her family. From that experience, she published a book that provided practical advice on how to use probiotics as part of a regular diet. This is a topic that has grown in popularity of recent given the rise in food allergies and digestive issues.

Donna self published her book with Balboa Press, the self publishing division of Hay House. That led to her being noticed by Hay House publishers and next thing you know, she was offered a publishing contract. I have said for some time, I do not know how many people you will impact with your writing if you publish, but I know how many you will if you don’t.

Donna’s story is a great example of how self-publishing empowers individuals to make a difference in other people’s lives by following through and publishing a book.  Hopefully her story will be an inspiration to you to finish your manuscript and get published this year.

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The world has changed for authors which means they have new opportunities and consequently responsibilities.

As you can imagine, with the announcement a few weeks ago about Author Solutions being acquired by the world’s largest publisher, there has been an enormous amount of media interest. This is both a thrilling and confusing time for authors, so I think it is more important than ever for authors to be informed and choose the best option for getting published based on their goals, skills, patience, and budget. My last post suggested there were four paths authors could pursue today, and I laid out the differences among them. But recently, at the end of a very thoughtful and comprehensive interview, I was asked the question, “Is there anything else you would like to say to authors today?” What follows is my response to that question.

Gone are the days of walking to the mailbox and pulling out a pile of rejection letters and wondering if you would ever get published. Today, every author can get publishedand get his or her book into the hands of readers—whether you use a DIY method, assisted self-publishing, or sign with an agent and try to acquire a traditional publishing contract

That means authors have more opportunity than ever before, but they also have more responsibility. And that is not something anyone seems to be talking much about. Whereas before it was the publisher, now it is the author who has the responsibility to set clear goals and a budget. Having clarity about these two areas will help authors make the best decision about which publishing path is best for them. In addition, they also need to have a realistic assessment of the skill and time they have to put to the project.

You can absolutely change your brakes and wash your car for less money if you do it yourself, rather than paying someone to do it for you.  But if you don’t know how to change brakes or you don’t have time to wash your car, you should pay someone to do it for you.  I think the same type of decision-making should be applied to making a publishing decision.

In addition, authors should:

  1. Make sure you have a clear picture of who the audience is for your book.  Saying your goal is to sell to every man, woman, and child on the planet (I had an author tell me that) is not realistic.
  2. Understand your options. DIY, assisted, and traditional publishing all have advantages and drawbacks. Inform yourself. There is plenty of information out there. In fact, that is why we created the Author Learning Center (www.authorlearningcenter.com) and why I published 7 Secrets of Successful Self Published Authors. It’s an ebook on booktango.com  for 99 cents.  We have been told by many authors that both the ALC and the 7 Secrets are very helpful.
  3. Think about your marketing while you are writing your manuscript, and know there are no guarantees with marketing. Just ask any marketing director at any company in the world. You do some things that you think will work and they don’t, but you also do some things that far exceed your expectations. The key is to be consistent and experiment. Not everything is going to work, but if you do nothing, you don’t stand a chance.
  4. This industry-changing shift in publishing does not mean everyone will be successful, but it does mean everyone will have the opportunity to be successful. Honestly, I think that is the most exciting thing about the time in which we live. At ASI, we are simply providing the opportunity, whether you want to publish for free with Booktango or use an assisted self-publishing imprint like AuthorHouse or iUniverse or publish with an imprint tied to a traditional publisher like Westbow Press and Thomas Nelson or Balboa Press and Hay House. Not that long ago, authors only had one choice: find an agent and pray they could sell the manuscript. That has all changed, and I think that is amazingly exciting.

Too many authors publish a book with the expectation that the world is just sitting, waiting for their manuscript to get finished, and once they make it available for sale, the world will come to them. The reality is, being an author takes an informed, consistent effort, but when you get those e-mails from readers that tell you how much they enjoyed your book or found it helpful, it is one of the most rewarding experiences you can have.

Certainly, there are economic considerations when it comes to publishing, but I think the one common goal that unites all authors is they want to impact people with their writing. That’s why those motivations I mentioned on our call are so key. Writing to help others or telling a story that has to be told or supporting a business or ministry are worthy pursuits because they impact people.

As I say to authors all the time, I don’t know how many books you will sell if you publish, but I know how many you will sell if you don’t. I don’t know how many people you will impact with your book if you publish, but I know how many you will impact if you don’t. And to all the naysayers and fearmongers, I would like say: quit bickering about methods, and let’s encourage authors to seize the opportunity.

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ASI is now a member of the Penguin Group

I know this is old news by now if you follow publishing, but I would be remiss if I did not do a post about the story. It truly is a great day for authors and publishers. The articles that ran about the topic were too numerous to count. As with any change that is this significant, there were a few naysayers and crumudgeons, but almost all the writers recognonized this was a significant day in the history of publishing.  My favorite article on the event was posted on Forbes. com and written by Jeremy Greenfield. I copied below. Let  me know what you think of the news. Thanks.

When you look back at the history of the publishing industry ten or twenty years from now, you’ll point to today as the day when self-publishing went from the margins to mainstream.

Self-Publishing Turns a Corner With Penguin Acquisition

When you look back at the history of the publishing industry ten or twenty years from now, you’ll point to today as the day when self-publishing went from the margins to mainstream.

Today, major publisher Penguin acquired Author Solutions, one of the largest self-publishing platforms, for $116 million. This is a big deal because it signifies that the publishing industry believes now that it needs to embrace the new book ecosystem that has grown out of self-publishing for its own survival.

With this acquisition, self-publishing may have turned a corner, according to the Author Solutions CEO Kevin Weiss. “When IBM gave its stamp of approval to the PC industry, what happened next was nothing short of remarkable. This feels like what happened with the PC industry back in the early eighties,” he said.

Penguin, thought to be the second largest trade publisher in the world, is now also one of the largest self-publishing platforms in the world: Author Solutions has published about 190,000 books by about 150,000 authors.

In 2011, the self-publishing industry is estimated to have taken away $100 million from traditional publishers’ bottom lines. Sounds like a lot until you compare it to the trade publishing industry as a whole in 2011: $13.97 billion. Just a drop in the bucket, really. Though we won’t have numbers for 2012 until 2013, with self-published works a staple of the Kindle and New York Times best-seller lists, you can bet that $100 million number has ballooned.

It has never been better to be an author. In this regard, there are basically two types: ones who had few choices and now have many; and ones who had no choices and now have many. Traditionally published authors went from being able to choose between a number of publishers that would compete for the rights to publish and market their books to that same group of publishers plus a dizzying number of self-publishing options. And authors who were either ignored or rejected by traditional publishers can now publish their own books through those self-publishing options.

Which publishing option would you choose if given the choice? Either way, everything changed today, the day when self-publishing was welcomed into the big leagues.

For those fortunate few authors with options, they will be choosing between:

Traditional publishing: Possibility of an advance (up-front money); distribution in print and digital formats; editorial, production, design and marketing support provided by publisher; up to 15% of cover price for print royalties and up to 25% for e-book royalties; and limited creative control

Self-publishing: No advance; distribution in digital formats with possibility of print-on-demand distribution; a la carte editorial, production, design and marketing support that the author pays for; up to 70% of cover price for digital royalties; and complete creative control

Essentially, it’s up-front money, support and lower royalties versus no support and much higher royalties. Level of creative control may also be a factor for some authors.

For some authors, there’s a third option. Penguin made clear in a press conference call about the acquisition this morning that it would be accessing Author Solutions authors and looking for titles that it could publish traditionally or, as Penguin CEO John Makinson put it, “It will be interesting to explore opportunities that lie somewhere between self-publishing and traditional publishing as presently defined by Penguin.”

In fact, Penguin has a history of finding authors in non-traditional ways. Penguin picked up Kerry Schafer’s novel, Between, an urban fantasy starring a penguin, after she uploaded it on the company’s work-shopping and self-publishing site Book Country. Penguin gave Schafer a two-book deal.

Which publishing option would you choose if given the choice? Either way, everything changed today, the day when self-publishing was welcomed into the big leagues.

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