5 Key Advantages to Starting A Self Publishing Business
I’m sure you can come up with all sorts of reasons for not starting your own business, the first, of many, being lack of money and uncertainty of its success. But no matter what the reasons are against starting a business, there are just as many reasons for starting one.
Actually, for the right person, the advantages of business ownership far outweigh the disadvantages. And deciding to write a book means, inevitably that you’ve decided to be in business.
If the very thought of it leaves you feeling a bit uneasy, the good news is that there are many differences (and advantages) in committing to the self publishing process as a business and starting a traditional small business.
Here are just a few of the reasons why starting your own self publishing company makes sense (even if you only have plans to write one book).
1. You’ll be your own boss. Having the flexibility and power to make the best and most profitable business choices for yourself is a great benefit of owning and operating your own business.
Couple those benefits with the ability to make your own production schedule, set your own publication date and the ease of print-on-demand publishing and you’ve got the perfect formula for self publishing success.
2. You can become a published author in 90 days or less. Believe it or not, it would take approximately 570 days to get your message out through a traditional publisher.
Self publishing allows you the opportunity to bring your message to the masses much faster than any other form of publishing and the faster you can bring it to market means the quicker you’ll make a profit.
3. Your earning and growth potential are far greater. At 6% to 10% royalties, very few published authors make any real money. But as a self published author you will keep 100% of the profits.
4. Writing a book is exciting. You can make a long time dream a reality and that will just inspire you to write and publish more.
Besides when you begin to get recognized as the expert, readers and the media look to you to offer insight and opinions to support them in achieving their life’s goals and that is very encouraging and exciting.
5. Publishing a book provides endless opportunities and exposure. Gaining media exposure and credibility because you “wrote the book” on a particular subject will allow you to showcase yourself, your business and your book to a larger audience than wouldn’t have been possible without it.
If you are a speaker, coach, consultant or entrepreneur looking to get more clients and add more cash flow to your bottom line, you need to seriously consider becoming an author.
And if you’re an author, you can expand your reach by becoming a speaker, coach or consultant.
Whether you’re running a traditional small business or you’re a self published author; being a business owner is a lot of work, there are often long hours and times of uncertainty.
But the rewards are great and having the flexibility and courage to call your own shot is exhilarating and potentially profitable too.
Last 5 posts by Sanyika Boyce
- Five Steps to Successful TV Publicity - July 8th, 2008
- The Quick and Easy Formula for Finding More Readers for Your Book - Part 1 - July 5th, 2006
- Four Basic Questions Every Author Should Answer Before Choosing A Niche Market - June 6th, 2006
- Seven Ways To Sabotage Your Self Publishing Success - March 4th, 2006
- The Power of Using Books As Brochures - September 22nd, 2004
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August 7th, 2006 at 4:56 pm
i would like to join with others who have decided to be their own publisher’s. I have written 5 books for children. please advise.
August 8th, 2006 at 7:34 pm
Good job, Johnny !!
I started my own publishing company last year and published my first book.
I’m currently working on a ” new look” for my web site.
I encourage every writer to self -publish, at least in the beginning because I learned so much.
I feel like the pay-off will be limitless!
I too, have written a book about children. Mine is about parents spending more QualityTime with their children.
good luck….everyone
August 10th, 2006 at 9:10 am
im,trying to reach Saniyka Boyce.Please send me her e-mail address,and phone #.I am a writer.I have 3 books and 3 movies completed.,and i want to send HER 4 chapters of my book.,plus i would like to build with her.Please have her e-mail me asap.Thank you and have a good day. Ameer–CEO—SILVABACK Publications.
August 15th, 2006 at 5:34 pm
Thanks for shareing. I started my publishing company, Novel2go Publishing, about 5 years ago when I pub;ished my first novel, Someone to Love. I just published my second book, Women on the Edge, and I wouldn’t have it any other way.
August 18th, 2006 at 8:58 am
I too am a self publishing author. My publishing company is D & K Publishing. My first non-fiction is due to be released on September 1, 2006, A Divine Addiction. My husband and I co-authored the book. I am really excited. I have to admit, the self publishing route was very challenging. It seems that in this industry many are not forthcoming with useful information. It is like trial and error. I find that to be sad. I feel that what God has in store for you or me, can’t no one touch, so why not offer good advice and lead fellow authors in the right direction? For this reason, I am grateful to all of you who have shared.
August 21st, 2006 at 1:01 pm
I self-published in 2002 and am amped to do a a part two to my self-help/memoir series, however, I am not sure how to expand my business and get my book out there to the audience I should be stroking. I see the need to go forward, in some way, but skeptical about how to move, because I really didn’t make any money on the books, I not sure I can afford to do it the way I did last time.
Not that I didn’t do it right, I my accomplishment to be bigger, to try something—-different, even if it’s just one part of my publishing process. I guess in essence, I’m not trying to change my process, just how I feel about it because I love to write more, and more and more…yet sometimes, I just can’t imagine doing my books (without any assistance, i.e., writing, formatting, editing, designing, printing, and marketing (which I am not very experienced at) the same way, but that’s all I know.
Any suggestions?
A. C. Kaye
August 25th, 2006 at 3:56 am
I shall become a publisher one day. But please tell me how to go about it.
Note: You might start by visiting http://www.selfpublishing.com and ordering a free copy of Publishing Basics - A Guide for the Small Press and Independent Self-Publisher.
February 21st, 2007 at 8:25 am
I have just self published my first novel, but after all this all it has done is stauy on the web siteas all my funds are now depleted. I have spoken to a few help groups who advised me that it wil never get into the shops unless i pay out another five hundred pounds and they help me. is there any other way i can do this as being a single father and out of work my funds are at a bare minimum.