{"id":305,"date":"2010-03-16T14:34:00","date_gmt":"2010-03-16T14:34:00","guid":{"rendered":"http:\/\/booksbylyncote.com\/SWBS\/?p=305"},"modified":"2010-03-16T14:34:00","modified_gmt":"2010-03-16T14:34:00","slug":"how-it-works-being-an-author-show-me-the","status":"publish","type":"post","link":"https:\/\/booksbylyncote.com\/SWBS\/uncategorized\/how-it-works-being-an-author-show-me-the","title":{"rendered":"How It Works-Being an Author-Show Me the $"},"content":{"rendered":"<p>Today I&#8217;m parting the curtain and letting you know how much an author  earns from writing a book. Of course, this varies widely from author to  author and even from book to book by the same author. That&#8217;s because it  all depends on you-the readers who buy NEW books.<\/p>\n<p>When I first  began the trek to publication, my dh glimpsed the headline of a writing  magazine which touted a first time author receiving a six figure  advance. I grinned and said, &#8220;Honey, if that were commonplace, it  wouldn&#8217;t be on the cover.&#8221; GRIN<\/p>\n<p>Drop by Brenda Hiatt&#8217;s <a href=\"http:\/\/www.brendahiatt.com\/id2.html\">Show Me  the Money<br \/><\/a><br \/>Look at the list and find Steeple Hill who is my  publisher of my Love Inspired mass market (That&#8217;s what the small  paperbacks that fit in your purses are called.) romances.<\/p>\n<p>Brenda  uses three important words for writers:<br \/>1- advance or advance on  royalties, which is what the publisher pays the author after approving a  finished manuscript or a book proposal. (Its purpose is to keep the  author alive till the book is on the shelves and earning royalties.)<br \/>2-  earn-out, which is how much $ the book brought in.<br \/>When the book  comes out, the author receives no more $ until the book has &#8220;earned-out&#8221;  the advance on royalties.<br \/>3-standard royalty percentage-which is the  amount of the price of the book that returns to the author in  royalties.<\/p>\n<p>Take the earn-out amount and divide it by 6 or 12 for  the months that it takes to work through from inspiration to finished  and accepted manuscript. And notice the range of earn-out (what the book  makes in royalties total including the advance.) It all depends on how  many readers buy the book, AND BUY THEM NEW not used. An author receives  nothing for any book sold used or shared.<\/p>\n<p>So are you surprised  at what an author earns?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today I&#8217;m parting the curtain and letting you know how much an author earns from writing a book. Of course, this varies widely from author to author and even from book to book by the same author. That&#8217;s because it <span class=\"excerpt-dots\">&hellip;<\/span> <a class=\"more-link\" href=\"https:\/\/booksbylyncote.com\/SWBS\/uncategorized\/how-it-works-being-an-author-show-me-the\"><span class=\"more-msg\">Continue reading &rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-305","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How It Works-Being an Author-Show Me the $ - booksbylyncote.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/booksbylyncote.com\/SWBS\/uncategorized\/how-it-works-being-an-author-show-me-the\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How It Works-Being an Author-Show Me the $ - booksbylyncote.com\" \/>\n<meta property=\"og:description\" content=\"Today I&#8217;m parting the curtain and letting you know how much an author earns from writing a book. 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