I drafted most of this last week before I found out my kiddo was on his way to the ER. Obviously, I didn’t get to the publishing part of it then.
You may or may not know that as an indie-published author, I am not raking in the dough.
I’ve published two books this year (with a third coming out in…checks the countdown clock in the sidebar…less than
48 41 days *cue panic*). In order to publish a decent book, there are a lot of things one must do in addition to being a decent writer.
One must hire a professional editor. This is not cheap. Nor should it be! You want quality! One must have a proofreader. Preferably someone who is not also your editor. Because the more eyes, the better. One must, if they are not graphically inclined, have a cover designer.
Seriously – if I was in charge of my covers, they would look like this (real sketch I shared with my cover designer):
You can see why I pay cash money for a cover designer, right? There are other expenses, as well. ISBN numbers, formatting (I’m fortunate that my formatter takes Amazon gift cards), copyright filing fees, and the biggie…advertising.
Advertising is something that I’ve not quite figured out the magical formula for, but I can tell you right now, that’s the second largest expense I have (after my editor).
I am not making the big bucks. I’m new, I’m unknown, and I don’t have the backing of a publishing powerhouse for promotion. (There have been two days this month where my daily GROSS was less than $1. I am not even kidding a little bit.)
All of this isn’t to complain – not in the least. I knew, more or less, what I was getting in to. I expect that as I keep publishing, I’ll get a little more traction, attract a few more readers, and get more reviews (I’ve heard that 50 is the magic number on Amazon, and I’m almost half-way there with The Cardinal Gate).
Maybe there will be a day in the future when I’m not squeezing in my writing and editing time around my dayjob. That is my ultimate goal, but for now – only two (almost three!) books in, that’s impossible. Where you run into an interesting problem is when you think about how often it’s recommended indie authors publish to stay in the readers’ minds. I’m publishing three books in a calendar year this year. Three books that average 100,000 words each. It takes me roughly 2-3 months to write a draft of that length when I’m working full time and editing on the side. Then, another 3 weeks for a second draft. Off to the beta readers, a few days to incorporate their feedback, a couple rounds of editing (that’s 4-6 weeks of work for me) and proofing (another week), final changes and readthroughs. Formatting. Uploading and reuploading and swearing. My writing calendar looks like this:
As you can probably imagine, that’s a lot of juggling – especially since I do occasionally enjoy having a social life and because I do have a kiddo 1/2 time (which is just not enough…sigh).
**this is where I left off; talking about my 1/2 time kiddo who is awesome, but accident prone**
I’m starting to book a fair amount of editing clients, and I really love it. I love writing. I hate editing my own stuff, but it’s part of the process.
My dream – my ultimate goal, and the thing I’m working towards – is financial freedom. I don’t know how realistic that is. I know people a few years ahead of me who make enough money writing that they can also do a fair amount of travel (yes!) and others who have more books published, but are still reliant on secondary sources of income (such as a day job or a partner with a good day job or some combination thereof).
If you asked me where I wanted to be in five years, I’d tell you it’d be 100% debt free (thanks marriage, divorce, and master’s degree!) and making enough $$ writing and editing that – at the very least – I’m able to cut down to half time. (I kinda like my sweet, sweet health insurance, and if the ACA goes away, there’s no way I’d be able to afford insurance on the open market. Mental illness is a horribly expensive pre-existing condition and is the reason I’ve gone without insurance the few times I didn’t have a job that offered it.)
Ultimate dream? Doing the writing/editing and living in a country where you just get health insurance because it’s a fundamental right and not a privilege of the wealthy! (I’m not harboring any illusions that this country will be the US, of course. For a country that has such a vocal contingent declaring it a “Christian Nation” we’re sure awfully stingy about taking care of the poor and sick (Matthew 25:41-46).)
For now, though, it’s a slog. I work at my day job where, for the first time since I was 22, I’m an hourly employee which means if I take off an hour to pick up a sick kid, I don’t get paid. I spend my evenings after Bean goes to bed with my editing clients (not actually with them; I do not provide that level of service) or writing. I try to hang out with friends and Beer Guys regularly. And I’m still not making a profit. Yet.
I’m confident I’ll get there, but this is hard, hard work. It’s the best hard work I’ve ever done, but I’m not rolling around in my piles of money, laughing maniacally yet. (YET!)
As soon as I make it big, I promise to take a video of me making a money angel.