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My self published book made $11,000 before I finished writing it

109 pointsby royosheroveover 11 years ago

8 comments

DanielKehoeover 11 years ago
Great analysis. One thing he missed: Kickstarter.<p>Two weeks ago I launched &quot;Learn Ruby on Rails&quot; with a Kickstarter campaign: <a href="http://www.kickstarter.com/projects/909377477/learn-ruby-on-rails" rel="nofollow">http:&#x2F;&#x2F;www.kickstarter.com&#x2F;projects&#x2F;909377477&#x2F;learn-ruby-on-...</a><p>(You can read more about the book here:<p><a href="http://learn-rails.com/learn-ruby-on-rails.html" rel="nofollow">http:&#x2F;&#x2F;learn-rails.com&#x2F;learn-ruby-on-rails.html</a><p>if you want to help with a new book for Rails beginners).<p>In less than two weeks I&#x27;ve raised over $4000. Significantly, nearly a third of revenue is from people who found out about the book on Kickstarter. So, Leanpub is great, but first, do a Kickstarter campaign. You get advance sales, a significant market channel, sales of a book at multiple price points (customers choose different pledge levels), and the additional boost of time-limited, event-driven marketing. Publishing is not dead; it&#x27;s booming thanks to new market channels like Leanpub and Kickstarter. And yes, you have to build a following first.
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DanielBMarkhamover 11 years ago
<i>&quot;...That means about 8,000 RSS blog readers and 10,000+ twitter followers that knew about my book while I was writing it...&quot;</i><p>I always find these articles interesting. Usually the real story is more like &quot;I know how to market stuff and made a lot of money&quot; but the article titles are something along the lines of &quot;How I made 40K by picking my nose online in one weekend!&quot;<p>So the reader gets this great story of some guy picking his nose. All kinds of details about how he did it, why he did it, what tools he used, what kind of nose he has, and so on. All kinds of little details here and there to get lost in. Maybe some graphs of his nose, or a bunch of charts showing traffic to his site hour by hour and a discussion of how using a bold font increased conversion by .2%. In short, nerd candy.<p>Once again, the important story here is marketing, in-depth interaction with a target audience, but this is always downplayed or ignored by the author, a specialist in getting your attention and engaging you. LeanPub is not the story, although it has a role. E-books are not the story, although they also have a role. Having a huge blogging audience and Twitter following, and leading them into a meaningful conversation about value? <i>That&#x27;s</i> the story.<p><i>&quot;...I do very little marketing, and it is mostly on my blog and twitter, in the form of sidebar links from my various websites...&quot;</i><p>Right now somewhere around 100K HN readers are reading this story, thinking about team leadership, making money online, agile, and so forth. Some significant percentage are going to sign up for the RSS feed, perhaps buy the book. They are going to begin a process of discussion around what&#x27;s important to them and what they&#x27;re willing to pay for.<p>Dude. If that isn&#x27;t marketing, I don&#x27;t know what is. Great job.<p>(ADD: This looks like a great book, btw. I don&#x27;t mean to impugn the author or make it out like he&#x27;s purposely trying to trick anybody. HN is traditionally a startup forum. Just trying to take a fresh look at material like this from the viewpoint of somebody who might want to do it themselves one day. What I learned from this piece is that my current Agile Team Tune-Up email list of around 200 (<a href="http://bit.ly/15sz0Pl" rel="nofollow">http:&#x2F;&#x2F;bit.ly&#x2F;15sz0Pl</a>) needs to expand by about 40-fold before it would be worthwhile to start a conversation about books. Perhaps more than that depending on my engagement skills. This is really good stuff to know.)
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zrailover 11 years ago
Whoa, nice work! I did something similar with my book[1] and made about $3000 prior to final release (whole story here[2])<p>I&#x27;ll be interested to hear how your Facebook ads pan out since I&#x27;m looking for more ways to drive traffic.<p>[1]: <a href="https://www.petekeen.net/mastering-modern-payments" rel="nofollow">https:&#x2F;&#x2F;www.petekeen.net&#x2F;mastering-modern-payments</a><p>[2]: <a href="https://www.petekeen.net/adventures-in-self-publishing" rel="nofollow">https:&#x2F;&#x2F;www.petekeen.net&#x2F;adventures-in-self-publishing</a>
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davegardnerover 11 years ago
Interested to hear about his experience with traditional publishing.<p>$12,000 was the advance paid on the book that I co-authored and published through Wrox back in 2008 (and again in 2010). I think it took around 12 months to earn out the advance and start receiving additional royalties.
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mahranchover 11 years ago
Wow, that&#x27;s fantastic. I recently published my own book last month and had a similar experience. Not quite the same profits (heh), but overall it was a great little adventure. I don&#x27;t really do any marketing or promoting, I&#x27;m currently just getting by with a simple link on my website. I tried to bill it as a bathroom reader for the scientifically curious.<p><a href="http://www.amazon.com/Zidbits-Learn-something-today-Volume/dp/1492225614/ref=tmm_pap_title_0" rel="nofollow">http:&#x2F;&#x2F;www.amazon.com&#x2F;Zidbits-Learn-something-today-Volume&#x2F;d...</a><p>One thing I found is that if you&#x27;re going to write a book yourself, get someone (preferably multiple people) to check it for errors. Better yet, pay a professional. You may think you can find all the mistakes or grammar errors, but I guarantee that you won&#x27;t. I learned the hard way.<p>I don&#x27;t know if others had a similar experience, but writing an ebook version for the Kindle (through Amazon&#x27;s KDP) was more difficult than writing an actual paperback. Createspace&#x27;s paperback publishing seems to be more forgiving.<p>The nice thing about Amazon&#x27;s publishing services is that they allow you to update and&#x2F;or change your books if necessary.
TBInmanover 11 years ago
Great to see 99designs in there. I am of the opinion that digital marketplaces will be the future of self-publishing services, by providing writers with the opportunity to connect with providers with &#x27;in-house&#x27; experience. Can make a massive difference (as Roy&#x27;s endeavours will attest to...).
cloudheadover 11 years ago
I don&#x27;t get it. A good book is an enormous amount of work.. probably several months full-time, at the very least, and a bigger risk than contracting for example. If it&#x27;s about the money (which happens to be the title of the post), it doesn&#x27;t look like a success to me. What am I missing?
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andrewhydeover 11 years ago
Interesting that you did spec work for the cover. A very distasteful move.
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