Lindsay - June 17, 2021On this week’s show, we tackle the question of what passive income is and how it can relate to authors.
Specifically, as authors with more than ten years of publishing experience each, we talk about whether it’s realistic to hope to earn passive or royalty income on works published years earlier. We also discuss what we do to continue to keep backlist books selling and if there’s ever a point where you can work less hard (publish fewer books a year) and still maintain a solid level of income.
Lastly, we go over how it’s better to think of your author career as a business that you’re going to have to nurture and grow and continue to work on over the years rather than a lottery ticket that you’re hoping will win big. Every now and then, someone does break out and get a movie deal that helps sell their books for years to come, but for most of us, we have to keep putting out stories that our fans enjoy and treat this like the ongoing career that it is.
The good news is that making up stories for people is a pretty awesome job.
Break!
We are going on hiatus for the summer, though we’re planning on doing at least one YouTube livestream Q&A show. Stop by the Facebook group to check for a date announcement (likely in July).
If you’d like to take advantage of Andrea’s promotion for her self-publishing courses, stop by https://selfpublishstrongcourses.com/ and use the coupon code SUMMER21 to get 50% off. Andrea is also available for $50 consultations if you want someone to look at your book (cover, blurb, etc.) with a critical eye.
