An interesting article from the Guardian,
Stop the press: half of self-published authors earn less than $500 | Books | guardian.co.uk, it seems that half of self-published authors earn less than $500. In addition, if you want to do well:
“It’s also best to be female, educated and in your early 40s: the survey’s ‘top earners’ â€“ those who indicated they could live exclusively off their earnings â€“ were 68% female, and 33% had a degree, compared to an average of 28%. High earners also dedicated more of their time to their writing, churning out 2,047 words a day on average, as compared to 1,557 for the rest of the sample.”
So there you go: write romance, and write more than 2K words a day.
Does the “less than $500” thing put you off?
Look at it this way: before self-publishing and the Kindle, a new author could expect to spend years (and years) writing, while earning nothing at all.
The big benefit of all the new publishing tools is FEEDBACK. You can offer your books directly to readers. If they don’t like your writing, you can change it. You’ll improve with every book you write, so the feedback is priceless.
Get started on your 2,000 words. 🙂
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