While this won’t happen for every indie author, just the potential promise of making enough money to quit your day job might make it worth taking your chances writing an ebook. Barry Eisler, the author of the John Rain novel series as well as several other books and short stories, turned down a $500,000 publishing deal to self-publish his books instead. He explained: “I know it’ll seem crazy to a lot of people, but based on what’s happening in the industry, and based on the kind of experience writers like you are having in self-publishing, I think I can do better in the long term on my own.”
In an interview with Tim Ferris, Eisler said that by the first quarter of 2013 he would sell more than 8,000 copies of his books, which he can afford to sell for only $1-5 since he has no publisher or agent fees. Averaging $300,000 per year, according to Ferris, he has already exceeded the offer he would have received from his publisher.
Authors have, for so long, depended on a publisher to tell them that they are worthy, but in today’s book market, whether you’re self-publishing print books or ebooks or both, you no longer need the validation of a publisher to start writing, publishing and making money.
For the resources you need to start writing, marketing and selling your ebook, check out these recommended posts:
Want to Write an eBook? Start Here!
5 Ways to Create Compelling Content for Your eBook Website
The advantages of Adobe DRM
How to Use Images in Your eBook Effectively
Tips for Selling Your eBook