I Hope You Didn’t Write That Book to Make Money

moneyThat caught your attention, didn’t it!!

I’m going to be very honest with you, and I don’t mean to discourage anyone. On the contrary, this post is meant to encourage and teach you how to be a successful writer. My first book published on September 15th, 2013. That was 5 1/2 months ago. Since then, I have sold (or given away for review) around 400 books. On average, I make $2.50 per book on Amazon and 5-10 bucks in person. So let’s say, 300 books were sold. 50 sold through Amazon for a total of $125.00 and of the other 250, 50 sold for a $10.00 profit, and the rest sold for a $5.00 profit. That’s a grande total of $1625.00 or $295.00 per month.

Ouch!

And in all honesty, I am probably leaning too heavily in the profit direction. I don’t think I really pocketed that much cash. So why would I share this? What point would there be in exposing my finances to my fellow writers? It’s too share a very simple business principle with you: YOU MUST HAVE A REASON FOR DOING WHAT YOU DO.

It is unbelievably important to have a goal you strive toward. Now I’m not talking about a writing goal or a publishing goal, both of which matter. I’m talking about that thing that you do all the work for. It might be your children, your status, your legacy… something that you have as your main focus toward getting through the hard times. Because the truth is, if you make a dollar profit per book and you sell 1,000 books a month, that’s only $12,000 at the end of the year.

And let’s be a little more realistic what if you sell 100 books a month. That’s only $1200 at the end of the year. So the question is why are you writing a book? There is no right or wrong answer, and if the answer is to make money, then you had better be certain that you write 10 to 20 books that each sell 100-1,000 copies per month. But if your goal is bigger than cash then you need to figure out how to retain that and make it the ultimate driving force in everything you do. That goal will keep you focused when you don’t want to edit. It’ll keep you motivated when you don’t want to write. It’ll keep you inspired when you don’t feel creative. And it will keep you going when you feel like giving up.
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My goals are three-fold:
1) I write to entertain and share stories with others because I love the act of creating something worth sharing, in the hopes that my words will outlive me as my legacy.
2) I love to share what I learn with others, through teaching kids at school events and helping other authors achieve greatness, and writing is my platform to get inside that door.
3) I want to write enough books to provide a great life for family, and have money to help others through charity organizations, directly paying for someone in need, or offering to give gifts anonymously.
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Sure, I’d be lying if I said that I didn’t want to have a six-digit figure from writing and selling novels. But if I made that my reason for doing what I do, I think I’d find out that I really would rather spend my free time with my friends and family. Because writing is a tedious, tiresome, draining way to live, even though I can’t think of anything I’d rather do more…
If you found what you read helpful, consider buying a copy of my book. Happy Writing!
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2 thoughts on “I Hope You Didn’t Write That Book to Make Money

  1. Much truth in this post. I have several writer friends and only one who is able to do it full-time. I’m a videographer and it seems to me that anyone in a creative type job deals with similar issues. People typically can’t appreciate the amount of time and effort it takes to produce quality work. They imagine writing as something fun and easy, not what it is for those who do it well…a job.

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