When I meet an author with a great book concept, one who's definitely the right person to write that book, right away I'll often encourage her to self-publish. This is because I know that, if that author is thoroughly invested in what she has to say, and if she is determined to create a buzz about her message, she'll discover
5 Fantastic Benefits of Self-publishing
1. Control. When you enter into a contract with a major publishing house, you're signing an exclusive agreement that prevents your having input into most of the important decisions that will affect your book's perception by the public, and its sales. You'll have very little say about the look and feel of your book cover, the endorsements that appear on the back of your book, or the wording of your press release, for example. And since all of the above elements are critical to giving your book its best chance for bestseller status, such loss of control can pose significant problems. "But don't publishers know better than I what to do to sell a book?" you may ask. Not necessarily. Authors usually know more about their book's subject-and hence, about their target audience (market)-than anyone else. Hey, they wrote the book!
More food for thought about signing with a major publishing house: If for some reason your book doesn't sell quickly and the publisher lets it go out of print, there's often a "waiting period" before the author is allowed to self-publish the book to get it back on the shelves. In the meantime, the reading public sees that your book is "out of print" and a great deal of word-of-mouth damage is done. Self-publishing means that you are at the helm of your book project. Of course, it also means that the responsibility for its success rests in your hands. But when you believe in your message and know that you're going to do everything in your power to get that message out to your target audience, isn't it a good feeling to know that you're the one driving its success in the marketplace?
I suggest a balance of control and delegation. The right publishing ally can coach you through the process of writing and editing your book, and will also advise you to design and market your message in a way that gets optimum results. Your publishing ally may be a book editor, a publishing consultant, a published author, or all three. If she's worth her salt, though, she'll know what it will take to get your book published, and she'll know how to help you make it happen. Reputable help can be found in Literary Market Place (online or in your local library). LMP is the publishing industry's by-nomination-only directories--here you'll find book editors and publishing consultants with a proven track record.
2. Money. Why does it make good Business sense to self-publish? Consider the following: a contract with the book publisher doesn't give you an ironclad guarantee that your book will ever and upon the shelves. If you're a new author, your publisher will allocate zero marketing dollars to promote your book. It's sink or swim! If your book does sell well, it will be due to your own hard work and ingenuity-and your reward will be a tiny fraction of the book's total profits. Self-publishing admittedly involves more capital risk, but it also means that the extensive footwork you do to market your book will go to producing income for the person who most deserves it. After all, you're the one who's doing all the work to ignite word-of-mouth about your book. Not only that, you wrote it! Don't you deserve to reap 100% of the profit?
Makes sense, doesn't it? One of the greatest perks I experience collaborating with authors is seeing our self-published books consistently create more reader excitement and interest than their traditionally published counterparts.
3. No Waiting, No Rejection. The Cinderella story of the little book that gets discover by a publisher and becomes an overnight bestseller is mostly just that-a fairytale. Yes , it happens. But it hasn't been happening a whole lot lately. In the current publishing climate, with major houses paying gigantic advances to celebrity authors-their "cash cows"-not much is left to spend on developing new talent. Let's be honest: a publisher isn't going to spend a dime marketing a book by an as yet unknown author. To get your book considered for publication in the first place, you'll need to have an extremely convincing
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