Just one in ten authors can earn full-time living from writing, report finds

This article was in the Daily Telegraph today :

http://www.telegraph.co.uk/news/celebritynews/11550871/Just-one-in-ten-authors-can-earn-full-time-living-from-writing-report-finds.html

That only one in ten authors earn a full-time living from writing doesn’t surprise me. I have forty four titles online at Smashwords and Amazon,and I’m as poor as a church mouse. The report pertains to British authors,but I somehow doubt that the figures quoted would be a lot different for American writers.

I found its references to self-publishing a little confusing,as it looks like they’re not referring to ebooks at all,but rather what was once known as vanity publishing,where writers pay for hard copies of their books to be printed. Clicking on the blue highlighted The Business of Being an Author link in the article will give you a PDF copy of the report.

The statistic that 42.3% of earnings are accrued by just 5% of authors is shocking. That there’s such an imbalance in how readers choose what to read proves people buy what they know,and what everyone else is talking about. The book needn’t have any literary worth,with the Fifty Shades series being so poorly written that they’re pathetically trite.

JK Rowling has better technique,but was allowed to run roughshod over any editing considerations on the back of her financial success,making the later books in her Harry Potter series bloated. There’s such a thing as being too successful,for she’s gone from being an impoverished mother living on state benefits,to having a net worth of one billion dollars. This means that she needs to employ a team of ten bodyguards,to prevent kidnapping attempts and terrorist attacks.

Why would want that situation ? I’d be happy to just earn a decent living. After writing a 160,000 word psychological thriller in 2014,I’ve spent the last six months researching ways of promoting myself and my books,making social media postings and chasing literary agents and publishers who accept direct submissions. This feels like mixing wallpaper paste each and every day,compared to the joy that I got from creative writing.

I will endeavour to persevere though,for I know that it’s all a case of getting the ball rolling. After all,JK Rowling could still be living on benefits,had the eight year old daughter of a senior publishing executive not said that she liked the first Harry Potter story – causing him to give it another look. Twelve other publishers had already rejected it.

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14 reasons why you shouldn’t dream of being a full-time author

The British government’s YouGov poll on which are the most desirable jobs,prompted several articles in the newspapers from authors.

Chas Newkey-Burdon discusses the reality of being a writer in this article from The Daily Telegraph : 

http://www.telegraph.co.uk/men/the-filter/11422473/14-reasons-why-you-shouldnt-dream-of-being-a-full-time-author.html

Chas Newkey-Burdon

In the last few months,since I’ve been chasing a traditional publishing deal,I’ve come across two rather startling,not to say depressing,statistics about the process of getting one’s work known.

It’s said that out of 1,000 submissions made to a literary agent or publisher,only one will be given any serious consideration.

Mirroring this figure,out of 1,000 downloads of an ebook on Amazon only one review will be made by a reader.

I keep saying it,but being a writer is tough !