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publishing

Don’t Feel Bad About Your Publishing Decision

When I self-published my first five books, I kept running up against what my mentor calls “unconscious incompetence.” Essentially, you don’t know what you don’t know. After helping a number of friends through the maze of self-publishing with their books, I ultimately started my own publishing company, Emerald Lake Books. The way I see it, not everyone enjoys or has the skills to clean their own homes, balance their own checkbook, grow their own food, or repair their own cars. And so that’s why house cleaners, bookkeepers, accountants, farmers, garages and mechanics became viable professions. That’s why I started my own hybrid publishing company. I was willing to dig into how to publish books successfully. It was a topic that interested me, but I realized it wasn’t something that everyone would want to dive into to the same extent I was willing to do. With publishing, there’s a middle ground between having a traditional publisher … Continue Reading

Understanding Publishing Models

I belong to quite a few different social media groups that relate to writing and publishing. And every once in a while, a savvy new author will share information about a publishing deal they have been offered and ask the group’s feedback. Oftentimes, these offers come from hybrid publishers. Upon hearing that, many people will start chiming in with things like, “If you have to pay your publisher, it’s a scam!” and “Publishers pay authors, not the other way around!” I cringe every time I read those responses… But it’s clear by their vehemence that there’s little I can say that will change their minds. To me, the question is no different than whether an entrepreneur should do their own bookkeeping and taxes rather than spend time working in their own area of genius. If you’re not doing what you’re best at, you’re not going far fast. And just as there are bookkeepers and accountants … Continue Reading

How is a list price set for a book?

I was recently asked the question, “How do you set a list price for a book?” Sometimes our authors want their books to sell at a certain price, mostly because they want to make the book affordable for readers. And that’s definitely an important goal to keep in mind. But a list price isn’t something you can just pull out of thin air. There’s actually a formula you need to keep in mind to make sure you can financially justify the price that’s set. That’s why it’s typically the publisher setting the list price rather than the author. The publisher has key information about production costs that need to be factored into the final price. Understand the Market At Emerald Lake Books, we start by looking at the prices of other books in the genre. From a reader standpoint, if two books on the same topic or of similar interest are both of good quality … Continue Reading