
What Can I Expect to Make in Royalties as a First-Time Author?
“The time has come, the Walrus said, to speak of many things.” (Lewis Carroll) Today’s unspeakable thing is what all new authors want to know: how much money will I make as a self-published author? Will it give me the freedom and riches I truly deserve? The quick answer to the first question is, not much… and the second one is, no, not on its own! Bestselling author Federico Pistoni (of Robots will Steal your Job) agrees with me, and I quote: “Most people don’t make any money writing books, and chances are, you won’t be part of the 0.01% that makes it”.Federico Pistoni Derek of CreativeIndie worked out that only the top .06% of authors actually sell 1,000 books over a period of three months at Amazon – so Fed’s supposition is pretty darn close to statistical averages. Even…
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