Self-publish Your Book and Keep All the Profits!

How does a person bridge the enormous gap between a manuscript and a book? There are three options: trade (commercial) publishing, subsidy (vanity) publishing, or self-publishing.

Commercial publishers are the so-called "giants" in the industry. Forty-five percent of all sales are monopolized by five major publishers today: Unfortunately, they're so big they no longer hear the voice of the little person. Continuing corporate mergers and take-overs compound the problem. Unless you are famous (or infamous), your manuscript has little chance of making it through the corporate front door. And even if it does, this can be more of a curse than a blessing. Trade publishers typically offer a $2,000 to $10,000 advance against royalties. Yet industry statistics show that only one in 10 books ever earn back that advance. That's a 90% failure rate! It means you're unlikely to ever get any more than that paltry initial payment.

Those who sign with commercial houses have no guarantee their book will be properly presented to the public. A disproportionate chunk of advertising dollars is spent on authors with established track records or well-known names. We hear many horror stories about authors who make media appearances to promote their work . . . yet customers can't find their books in bookstores.

In desperation, many novices turn to subsidy (vanity) presses. Beware! Here the ink hits the paper only when the author underwrites the cost of the entire venture. But despite the investment, the author is expected to sign away most rights and receives only a partial royalty for books sold. Plus the vanity publisher's name on your book stigmatizes it, causing it to be shunned by important reviewers and booksellers. Marketing efforts by vanity houses are dismal to nonexistent. Most Print on Demand (POD) companies fall into this category.

Self-publishing is a viable option for many. This "do-it-yourself" method places you in complete control of the entire process. Critical decisions concerning the title, cover design, editorial content, marketing, and distribution are made by you