Jun 5 • General discussion
The Publishing Industry and the Power Law
In tomorrow morning's podcast, Stacey and I tackle the topic of publishing, and the power law, and what you need to know about the reality of publishing income. This applies to traditional and professional indie publishing.
Why do 10% of the authors out there make 90% of the money? Because the system, by design, is not fair. But that's not the whole picture. For things to be "fair" we would have to assume everyone made equal effort that created a product (stories) of equal quality, and that everyone had the same business and market savvy, and could all find their target audiences. (you all have a target audience, even if it is a small one, who will love your voice and your books).
This week I had a more private discussion with one of our members here, and we talked about this as well. Stacey and I will talk about the fact that you need an audience, a backlist, and a platform to find success, and that may take time.
Tune in to Pros Talking Prose tomorrow morning to learn more. And if you have any questions, always feel free to ask.
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The Publishing Industry and the Power Law
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