Is there money in self-publishing? Yes, there is. H.M. Ward reveals the reasons she turned down over a million dollars’ worth of traditional publishing deals…
She proves that you don’t need a major publisher to make major money:
It’s math time! A book in the top ten sells around 5–10K copies per day. Let’s take the average and give the book some wiggle room and say it’s selling 7K copies a day @ $2.99. In 7 days you’ll have made (net, not gross) over $100,000. So BIG TRAD HOUSE offers you $200,000 for a three part series…
My point – do NOT think that they have any clue what they are doing, because they do not.
Too true. If you know how Amazon and self-publishing work, you know as much as most major publishers, and more.
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