Here’s a podcast listener question:
Dan, Thanks for your 48Days podcast. My goal for 2012 is to go totally free lance, with the hope of writing more and selling my knowledge, possibly in the form of a book, and downloadable material through my own future website. I am meeting with a publisher next week. They have expressed interest in having me write a book. What questions I should ask and what pitfalls should be aware of as I pursue this possibility?
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Sarah – Just recognize the wide variety of possibilities in working with a publisher. *
- You could just get a fee for writing the book – end of story.
- You could get an advance and a share of the royalties – with you helping to promote sales.
- You could get no advance and a bigger share of the royalties.
- You could chose to self-publish and just promote and sell the book yourself – enhanced with your continued magazine articles, speaking, teaching and consulting.
No one of these scenarios is the “right” answer. They are all possibilities to be explored.
*Taken from Write to the Bank
