Comment by HarHarVeryFunny
3 hours ago
I wonder how many people choosing to write books, are expecting it to be a profitable use of their time, and make more than pocket money?
The article mentions the publisher saying that their median book sells in the single digit thousands, so half of the books are selling less - perhaps hundreds rather than thousands. If you are making a 15% royalty on a $50 book selling a few hundred, or few thousand copies, for something that probably took a year or more to write, then this is obviously more about the satisfaction of doing it than being a worthwhile financial endeavor.
Are most people choosing to write books fully expecting that it may only make a few thousand dollars?
In my experience (which is limited, personally, but I have several writers/editors/publishers in the family), writing a book is something one feels compelled to do, irregardless of financial incentives, or even tangential incentives like notoriety/influence. I would compare it to my own endeavors writing/recording music. I would do it even if I know for certain nobody else will ever appreciate it. Because the drive is internal. It’s what I do to make myself fulfilled. The fact that others may find some meaningful value within that work is a nice knock-on effect, but wasn’t involved in my choice to create it.