Well, it’s the time of year to do some accounting.
In 2017 I indie-published 7 ebooks, two of which were novels, 1 collection, and 4 short stories. I also put out two novella-length ebooks to my Patreon patrons that were not published to the general public. In addition, I pretty much serialized all of The Amiestrin Gambit (about 100K) and have started on the second book in that series.
I received the following incomes:
Royalties from my 4 Roc novels: 278
Royalties from sale of indie books: 1550 (still working on final number)
Patreon donations: 917
For a total estimated writer income of $2745
My writing-only expenses this year included:
Covers (for the 4 DD books and PB covers for the two Horn books) 680
Editing/ formatting (for the Horn series) 655
And more loosely:
So that’s a loose expenditure total of $2261
This leaves off things like travel expenses, purchasing of research books and author copies, supplies, and various webstuff. Plus it doesn’t account for the supplies that I purchased for making book covers, like my memberships to various stock photo sites and paying for photoshop, etc. I’m counting that part of my nascent cover business, and therefore separate from the writing.
When I add the other stuff in, I will break even or be in the red, I’m afraid.
Please note that my Patreon patrons are saving me from being hideously in the red. If not for them, I would not even be close to breaking even, so I want to thank them all here for keeping me afloat one more year.
How will I do better next year? (2018)
Well, here’s the current plan:
- I will publish more novels. One thing that helps the sales of an indie author is simply to have more available. In that effort, I intend to publish 5-7 full length novels next year. It’s a bit intimidating, but 3 of them are written and mainly need editing, one is -mostly- written and needing editing, and one is the Patreon serial that I’ve been working on for a while now. The remaining two may not squeak into this year, but I’ll be working hard to get them done.
- I will start advertising. When an indie author doesn’t have much to promote, there’s little point in throwing money at it, so I did very few ads this last year. Next year I will be working toward the summer’s debuts to get the advertising ball rolling.
- I will make some appearances. At this point I’m only scheduled for Boskone and looking at Gencon’s Writer Symposium, but I’m determined to wisely choose some new venues and work more with the local libraries.
- I will streamline costs by making some of the covers myself. I have been working pretty hard to learn graphic design, and if you want to see how my current efforts are looking, pop over to my cover designer page to see my first batch of covers up for sale. They’re not perfect (I can’t get the lighting on #4 correct), but they’re not ‘bad’ either. (Also, I paid for the 4 Dreaming Death covers in 2017, so those won’t need to be charged into 2018.)
- I will be working to learn InDesign software to decrease my formatting/editing costs, and publish some of my books under my own press label, Dream Palace Press. (I will still have to hire editors, though. I refuse to put out a novel that hasn’t had a good editor look at it.)
I will need to be working at light speed to get all these things done, so if the housework falls to one side, I apologize to my husband and dogs now. I plan to be on the internet less, so I will be dropping in less frequently. And this year, I really need to get out and exercize more. Really.
But for now, 2017 is tied up with a bow and gone.
Get more of the important things done.
Spend less time letting the man get us down.
Get out and vote whenever the time rolls around.