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Why most non-fiction authors don't make any money

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Re: Why most non-fiction authors don't make any money

#41
post #36

I got a publishing contract with a larger publisher to write a book on Agile (10 years ago, didn't end up publishing, long story). I know that amazing feeling the author mentions of getting a "yes", while totally ignoring that at best I was going to make pennies. If I recall it was 10% after all publishing costs were paid for. However, I had a full time job, so this was for-the-love-of-it rather than as a real source…

I wrote a few books with a major publisher, but did it largely for the authority that it conveyed on my work and career at the time.

Love works too. :)

Re: Why most non-fiction authors don't make any money

#42
Authors have the same problem as musicians. Their work has zero marginal replication cost, zero distribution cost, low barriers to entry and they're competing for finite attention.

What invariably happens then is the top 0.1 percent of output is duplicated and sold to hundreds of millions of customers and that eats up all of the attention bandwidth for that vertical. It's the ultimate winner take all setup.

Contrast this to the prospect of running a successful restaurant that is fundamentally limited by geography. No matter how well it serves region A, region B, C, D, etc is still up for grabs. A franchise can try to duplicate its success, but it's much more costly than a successful author making endless free digital copies of their work.

Re: Why most non-fiction authors don't make any money

#43
post #23

Earlier quoted context omitted.

As a publisher author of a non-fiction book with an established publisher, I had to stop reading after that first point because he is completely wrong.

I think it makes sense. He's saying that if you get a 15% royalty, vs the 100% royalty minus costs of self publishing, you need to sell 5x more books via the publisher. It's oddly worded, but the math roughly works depending on your self publishing costs.

It is not oddly worded. It is wrong.

Re: Why most non-fiction authors don't make any money

#44
I enjoyed this, I thought it mostly made good points, and it linked to other articles I will look at. Yet..

I started reading a blogger who teaches how to make a successful blog, sells courses about it, etc. I soon realized her blog is just about her making money from promising to help you make money from your blog. A frighteningly vacuous operation. It seems a modern cousin to the old ad in magazines promising to reveal the secret to wealth for $20. When you write to the given address you get a letter back saying "Do as I do." It's a pyramid operation.

Writing books about writing books seems similar. Selling the dream of high sales when you write on other topics, when their books are the same "making money from promising to help you make money" from your book seems a bit fishy, has a scammy element. It's more than a lil "Do as I do."

Re: Why most non-fiction authors don't make any money

#45

Unfortunately most writers of fiction make next to nothing too. Writers often are not happy writing either (unlike painters and video artists who seem to have a whale of a time). Sadly I toiled for 8 years on a novel (while working a day job). It was a massive effort. It might be hard for people to understand but I felt I had to write it (i.e. writers curse). I wish I had spent all that time on studying programming e…

[deleted]

Re: Why most non-fiction authors don't make any money

#46

> It’s because Hemingway’s Boat is broadly “about” a topic, whereas The War of Art promises—and delivers—an outcome. I certaintly don't know a damn thing about selling books. But I am an avid reader of nonfiction and this is exactly the opposite of how I shop for books myself. Other than the odd "how-to", I'm skeptical of any book promising me anything other than the author's diligent study and incisive distillation…

I share your opinion (I particularily like essays; I follow along the arguments, think whether I agree with them or not, etc. but absolutely hate the "how-to" kind of books which I strongly associate with the hustle and self improvement culture that I find quite toxic.)

But I agree with the author that the later kind of books seems much more popular with the general public, being handed solutions appears to be more attractive to many people that being encouraged to think about problems that probably aren't even relevant to them. And in a sense it's perfectly understandable, but I personally prefer the intellectual stimulation from a good essay over what is essentially a marketing speech from a professional hustler.

Re: Why most non-fiction authors don't make any money

#47
The comments here are incredibly harsh. As someone who has self published two books, quite a lot of this resonates with me.

First book addressed a timely topic but ultimately aged out very quickly and I got burnt out trying to keep up with updates. It made roughly $80,000 in lifetime sales, of which I kept 96% (credit card fees + hosting overhead).

Second book addressed a broader niche but fell into several of the traps he describes and only made $3000.

I will likely buy his book and try to apply it on either a revision of book two or something new.

Re: Why most non-fiction authors don't make any money

#48
The real reason why most non-fiction authors don't make a profit is because only scam topics which sell a dream but don't add any real value can make any profit in our current scam economy.

Self-help gurus, spiritual charlatans, snake-oil salesmen, get-rich-quick con men, corporate consultants, slick marketing experts; these are the people who are making profit in our scam economy.

Just focus your energy on a fucking scam and you will make money by the boatload. You don't need a long article to tell you that. Just open your eyes and look around.

It's not just writing which is affected; every 'intellectual' industry is affected; art, music, science, politics, technology... All the successful people are scammers. That's why you can't find any good content anywhere these days. The shit always floats to the top. The media is concentrating all our attention on the shit and away from the good stuff.

Also, the rich people who are running the show are morons with no taste and 0 intellect.

Re: Why most non-fiction authors don't make any money

#49

Earlier quoted context omitted.

I think it makes sense. He's saying that if you get a 15% royalty, vs the 100% royalty minus costs of self publishing, you need to sell 5x more books via the publisher. It's oddly worded, but the math roughly works depending on your self publishing costs.

It is not oddly worded. It is wrong.

Yes it is an error, but the underlying point is true.

I also thought that, whilst it was easy to recognize the error, the point was still easy to understand. I think it is a good point, let's hope the author redrafts.

Re: Why most non-fiction authors don't make any money

#50

Earlier quoted context omitted.

I just bought your book based on the post above. Maybe it’s marketing? Your book is also aimed a small niche(I’m on your target market!), maybe that’s it?

That's hilarious. Enjoy the book :) Marketing requires a huge budget in the VC age since you're competing with ever increasing ad prices. I have spent a lot of money on advertising regardless. One thing that has been a major sticking point for me however, ist hat distribution has been a huge issue. I wouldn't say my target market is that small. Most of the Middle East and Asia is quite ripe for my book but amazon doe…

> Marketing requires a huge budget in the VC age since you're competing with ever increasing ad prices.

This is a mental trap that is super easy to fall into. The author of the article is writing a marketing guide. Marketing encompasses the entire product and go to market design, of which advertising is just a tiny part. Notice in his table of contents that advertising is only mentioned in one chapter very late in the book.

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