How Much Do Authors Make By Self Publishing |Surprising | Derek Murphy

Most authors lose money publishing, because they just want to pay someone to do everything for them. I strongly recommend learning the basics of self-publishing, cover design and book marketing - at least so that you can understand what's worth paying for and when you're being ripped off. Something like 95% of authors never sell more than 100 books. Most authors never make a profit. Those who succeed, are indie authors with a lot of experience and a big backlist, who are doing everything right and investing big in ads and marketing. For the full breakdown for how much authors actually make, go read the full article: https://www.creativindie.com/how-much-does-the-average-author-earn-publishing-their-book/

I also added some links to the Twitter hashtag authors were using to show unfair earning discrepancies in the publishing industry.

PS - how much are you earning in book sales? How much do you want to make? I'm up to around $1000 a month but I spend most of that on ads: planning to scale to $10K this year if I can finish 3 series, and get out the boxsets and audiobooks.

Hey there - I'm Derek Murphy. I'm a fine artist who became a book cover designer, then started writing young adult scifi and fantasy. I've spent almost 20 years living abroad, have a PhD in comparative literature (revolutionary politics in Paradise Lost), and have been featured in CNN for renting castles to use as writing retreats. Although I'm not working with clients anymore, I've built a ton of resources to help indie authors write, design and publish bestselling books.

On this channel, I talk about writing, publishing and creating personal freedom with unconventional business strategies and providing value. My videos are unpolished and a little raw, because we travel full-time and I focus on content, not production quality.

If you're a writer, artist, or entrepreneur, make sure you SUBSCRIBE - then let me know what you need help with, and I'll make a video just for you! Here are some resources to get you started:

DIY book cover and formatting templates (FREE)
★http://www.diybookcovers.com
★http://www.diybookformats.com

BESTSELLER STATUS, GUARANTEED...
If you need help with book marketing, you can join my Guerrilla Publishing group and download my FREE book and workbook, on going from zero to #1 in 90 days or less.
★https://www.facebook.com/groups/guerrillapublishing/learning_content/

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