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Ask HN: Making extra income with books

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Re: Ask HN: Making extra income with books

#11
I'll give a "failure" story.

I was lead author for ebook/print book through Apress - _Hacking the Kinect_ - http://amzn.to/1aljFwQ

It was distributed in stores and online, as well as in ebook form. It has text, graphics, and code.

It generated not much past the initial upfront payment of ~$8000, spread across myself and 3 coauthors.

Reasons?

1) Niche topic, badly addressed. It was pretty hot at the time, but the number of people looking for a intermediate - advanced level text on 3D sensing was not as high as the number of people looking for "cool demo I can type in and make my SparkFun robot drive around a Coke can".

2) Published through agency. I appreciated Apress' work on marketing my book. Everything else I could have handled myself (and probably the marketing too). They also have tough terms - you have to be a knockout (4k+ units[1]) success in the technical book industry to really make money through publishers.

3) Bad print copy. The grayscale used for my book was too dark, blowing away some images. Apress did not want to fix this. I recommend the Kindle version to everyone I can.

Worth it? Yes. It is a great means to open doors and market yourself. Financially worth it? Not through a publisher.

[1] I can't cite this off the top of my head, but that's the number I recall from a few years ago.

Re: Ask HN: Making extra income with books

#12
Ive published a biography about a guy called Elon Musk (https://leanpub.com/theengineer). I self-published it through leanpub.com. The good thing with leanpub is that their service will automatically generate pdf/epub/mobi files from one main file so you will save time if you need to make a change. The point of leanpub is that you can improve the book as you get feedback from your readers, so my plan is to collect feedback before the big launch at Amazon.

But don't think it's free money - it's still takes a lot of time to write it and it's still difficult to spread the word about the book.

Re: Ask HN: Making extra income with books

#14
I'm planning on my ebook at the end of january (http://firemeibegyou.com), based on a post I wrote that was #2 on hacker news (Fire Me, I Beg You) https://news.ycombinator.com/item?id=3837264

I am not going with a traditional book format (at least not initially).

It is an ebook, and I will not be using a publisher. I'll be using it on my own website via gumroad. I really got a lot of my motivation from Nathan Barry & Brennan Dunn.

For this book, I"m going with all text.

When I publish it, I'll do a recap of income generated.

*also, the prices on my page are not accurate. I will be changing those shortly. It's just a landing page now.

Re: Ask HN: Making extra income with books

#15
I wrote a book on software conversion optimization last year. It was an expanded, re-edited collection of essays I had previously written on the topic.

http://www.amazon.com/Sell-More-Software-Conversion-Optimiza...

I published it through Hyperink, which is not a traditional publisher. They bring the software and editors (plus associated trades) to get the book put together, I brought the words. No advance, more equitable royalties than traditional publishers would offer, and they handle the mechanics of getting it into Amazon and whatnot.

I haven't run the numbers recently but recall selling somewhere in the neighborhood of 1,X00 copies. I haven't done the math on royalty payments for the year, but would ballpark them in the $5k range?

It would be, ahem, extraordinarily difficult to get a traditional publisher to greenlight publishing on as niche a topic. If I had, I would expect them to offer me $5k as an advance, as that is roughly market for first-time non-technical authors. (At the standard prices and royalty rates 2k units would not nearly earn out a $5k advance, which means that absent additional substantial sales I would expect to never receive any royalty payments beyond the $5k advance.)

I didn't publish the book primarily for economic reasons. If I had, I would have done something a bit closer to the Nathan Barry / Brennan Dunn / etc model. Prominent elements thereof: email marketing as a distribution channel, markedly higher prices ($49 vs. $9), multiple tiers (e.g. book @ $49, book + supplementary materials @ $99, book + supplementary materials + some interactive component at $249), and likely self-published 100% because I'd need more control over the pricing / marketing / etc than any publisher would care to allow me to have.

Other authors on HN have been extraordinarily generous at writing about exactly what is required tactically for successfully marketing books. I'd highly encourage you to read their posts / comments, as they will make it wildly more lucrative for you, if that is part of your reason for writing the book. If you just want the published author merit badge, traditional publishers are a way to get it, and they seem to be totally willing to financially exploit you in return for offering it to you.

Re: Ask HN: Making extra income with books

#16

I wrote The Kubic Kat as a standalone SciFi novella, and decide that it would be best to give this way free, in the hope that it would garner traffic to my start-up website, and interest in escaping surveillance. ( http://www.tribalcontact.com ) I put it on Hacker news, but it sank without a trace, and yielded 0 comments, and very few downloads. Facebook, twitter, and Google+ have made up 30% of downloads, and Smashw…

A large proportion of backers to my sci-fi novel (http://planetoz.net/kickstarter) came from personal connections, and I forged most of those in person.

While that may have "only" yielded several hundred dollars for this particular project, I anticipate a far greater chance of future backing from them than from impersonal advertising captures. (And I use the term "capture" here with all its connotations.) I also found potential future editors, artists, beta readers, and the like in the process. Even better, I made some awesome new friends.

This all applies to a book that I haven't yet finished editing (23% progress), never mind put up for free.

The insanely successful indie author, J. A. Konrath, explains how he paid his dues with hundreds of hours spent on book tours, convention floors, and the like, all sans publisher compensation. He now brings in six figures or more.

tl;dr - A focus on selling (_selling_) your work to just one person at a time will pay forward in spades, even if it takes a while.

@liamcarton - Feel free to hit me up. We can trade author notes. My email's in my profile. :)

Re: Ask HN: Making extra income with books

#17

If one does something and he does if often and with passion he definitely has something to write about. I started writing and finished https://leanpub.com/Privacy_in_Digital-Era still waiting editor to finish and after repairs it goes online. Published are http://www.amazon.com/dp/B00HFGSB3K and https://leanpub.com/opensourceencryption Digital editions for now, print is planed and should be available in month or so.…

I have looked into https://leanpub.com and I definitely like this for a nice starting point and an incentive for keeping the momentum going. It seems it is preferred among some others around here as well. Very insightful, thanks!!

Re: Ask HN: Making extra income with books

#18
I self-published by selling online using Spacebox and Stripe. I only created a PDF, but am working on adding epub and mobi versions, mainly due to requests for a Kindle-friendly version. The book included about a dozen custom diagrams the tied into the text.

Along with the book (http://startsustain.com), about starting and running your own web app, I included a simple project task list and a rather involved spreadsheet for helping to estimate revenue and expenses and easily adjust them to see the impact on revenue. My results might be moderately misleading because this spreadsheet was a significant component of value justifying the price.

The book was all new content, rather than repackaged blog posts, and I sold the package for $99 with occasional sales of $79 and $59. Prior to launch, I built up an announcement list of about 1,600 interested people. I did a poor job marketing to those people beforehand, but instead just sent out a single launch announcement.

It's been available for about 9 months now and sold over 500 copies for a total of about $45,000. I spent about $3,000 up front for cover design and editing.

Re: Ask HN: Making extra income with books

#19
I'm currently working on my third book, a book about neural networks and deep learning. Here's the first chapter:

http://neuralnetworksanddeeplearning.com/chap1.html

It'll be free online once complete, but I raised money with an Indiegogo campaign (about 10k). I'm self-publishing, in part because I wanted full control over the book. This gives me the ability to experiment with in-text videos, and with other tricks. For instance, when a reader clicks on an equation reference in the text, the relevant equation appears in the margin, as a reminder. Clicking on the marginal equation will take you to the context in which the equation originally appeared. This cuts down on tedious back-and-forth.

My two earlier books were both published in the traditional way:

+ A book for general audiences about networked science, "Reinventing Discovery: the New Era of Networked Science": http://www.amazon.com/dp/0691160198 Published by Princeton University Press.

+ A textbook about quantum computing, jointly with Ike Chuang: http://www.amazon.com/Quantum-Computation-Information-Annive... Published by Cambridge University Press. No e-book at all when first published (2000)!

Both were written with LaTeX, and included many illustrations. "Reinventing Discovery" was actually rekeyed entirely by the publisher, but the textbook was produced from our LaTeX copy.

Re: Ask HN: Making extra income with books

#20
I write fiction, which is a totally different beast from the non-fiction stories you'll find here. Also, I self-publish, so that's even more niche. Still, here's the thousand-yard view of sales.

My first book was sold on Amazon, and podcasted for free on Podiobooks.com. The initial sales were enough to make my car payments for about a half year. Around that time, Amazon made some changes to their ranking, and I dropped in sales by about half. Subsequent books have had the same results (big first few months, but only about a hundred or so per month).

The way you make the most of that is by writing more, and all the normal marketing stuff that you can find online (build an audience). I'm a big fan of Podiobooks.com because, even though it's a bear to do a full audiobook for free, their audience is fairly large and devoted.

As art goes, I was lucky in that I met with a Hugo-award-winning artist (Cheyenne Wright, Girl Genius) who liked my work enough to help me out with covers. I commission each work with him, and he's been a great help to me there.

In case you're interested, here are my books: http://www.amazon.com/Brand-Gamblin/e/B003P4CEFM

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