Romance novelist Alison Kent shares the dollars and cents behind life as a professional writer, sharing with readers of her blog exactly what she was paid, in advances and royalties, for one of her books. And it works out to this:
$18,191.15 from June of 2000 when I sold to December 2003. Thirty
months. That’s approximately $3.50 an hour if you calculate from
contract date to the royalty statement I pulled. The book only took
three or four months to write, of course, but you get the picture.
Making a living in category can’t be done without MULTIPLE releases per
year.
It was brave and extra-ordinarily helpful for Alison to share this (braver and more helpful than I am) with aspiring writers. Just because you get published doesn’t mean you’ve got it made, that you’re swimming in money. Many of the mid-list authors I know have full-time day jobs…because they couldn’t possibliy live on what they make as authors. Kudos to Alison for giving aspiring authors a glimpse of the real world (and also explaining why some authors must write more than one book a year)