Mar 18th, 2013, 4:32 pm
Ahh, the writer's life: so much fame and... no money?!

My Amazon bestseller made me nothing
My novel shot to the top of the site's bestseller list last summer. You won't believe how little I got paid
Patrick Wensink

In one more week I was going to be a millionaire.

At least, that was the rumor circulating around my wife’s family. One more week on Amazon’s best-seller list and I would have seven figures in the bank, easily. Her cousin had looked this fact up on the Internet, so it had to be true.

“Please tell them that is nowhere near true,” I said. “But don’t tell them how much money I’m actually going to make.”

“OK,” my wife said. “Can I tell them how many books you sold?”

“Absolutely not.”

“Why?”

I didn’t have a good answer. Secrecy seemed like the practical, professional response in times of success.

It made me wonder where this writerly knee-jerk reaction comes from. It wasn’t that people would think I made too much money. The opposite, actually.

* * *

This past summer, my novel, Broken Piano for President, shot to the top of the best-seller lists for a week. After Jack Daniel’s sent me a ridiculously polite cease and desist letter, the story went viral and was featured in places like Forbes, Time magazine and NPR’s Weekend Edition. The New Yorker wrote one whole, entire, punctuated-and-everything sentence about me! My book was the No. 6 bestselling title in America for a while, right behind all the different “50 Shades of Grey” and “Gone Girl.” It was selling more copies than “Hunger Games” and “Bossypants.” So, I can sort of see why people thought I was going to start wearing monogrammed silk pajamas and smoking a pipe.

But the truth is, there’s a reason most well-known writers still teach English. There’s a reason most authors drive dented cars. There’s a reason most writers have bad teeth. It’s not because we’ve chosen a life of poverty. It’s that poverty has chosen our profession.

Even when there’s money in writing, there’s not much money.

* * *

I was reminded of a single page in “A Heartbreaking Work of Staggering Genius”; specifically, the section where Dave Eggers breaks down his $100,000 advance on sales from his publisher. He then lists all his expenses. In the end the author banked a little less than half. It wasn’t bad money — just not the “I bet Dave Eggers totally owns a Jaguar”-type of income I expected. I mean, his name was on the cover of a book! He must be rich.

That honesty was refreshing and voyeuristic. I always said if I ever had a chance, I’d make a similar gesture. As a person learning about writing and publishing, there was something helpful about Eggers’ transparency. So here is my stab at similar honesty: the sugar bowls full of cocaine, bathtubs full of whiskey, semi-nude bookstore employees scattered throughout my bedroom tale of bestseller riches.

This is what it’s like, financially, to have the indie book publicity story of the year and be near the top of the bestseller list.

Drum roll.

$12,000.

Hi-hat crash.

* * *

I just started getting my royalty checks from July the other day (the publishing industry is slow like that). From what I can tell so far, I made about $12,000 from “Broken Piano” sales. That comes directly to me without all those pesky taxes taken out yet (the IRS is helpful like that).

Don’t get me wrong; as a guy with a couple of books out on an independent publisher I never thought I’d see that kind of money. Previously, my largest royalty check was about $153. I’m thrilled and very proud to say I earned any money as a writer. That’s a miracle. It’s just not the jewel-encrusted miracle most people think bestseller bank accounts are made from.

The book sold plus or minus 4,000 copies. (The publishing industry is hazy like that. What with sales in fishy-sounding third-world countries like Germany and England.) Being on an indie press I receive a more generous royalty split than most: 50 percent after expenses were deducted.

You can do the math. I’m clearly not buying a mansion. Hell, my measly dreams of constructing a Roald Dahl-style writing cottage in the backyard are even shelved. Twelve-thousand bucks is amazing, but it’s not life-changing money. Unless, of course, I need one of those clearance sale $11,999 kidneys.

In the end, I bought my wife a pretty dress to say thank you for putting up with me and my fiscally idiotic quest to write books. I also did the most rock star thing imaginable for a stay-at-home-dad/recipient-of-a-famous-cease-and-desist: I used the money to send my kid to daycare two days a week so I can have more time to write.

* * *

Now that I have some quiet time around the house, I’ve started wondering: Why didn’t I just tell my wife’s family the truth to begin with? Why don’t most authors talk about money?

My theory: because it’s embarrassing.

Sure, there’s a headline-grabbing thrill when Lena Dunham snags a yacht-load of money for writing about stuff only her gynecologist should know. But when a friend of mine, who is a terrific writer, told me he was offered $5,000 for his latest book, which came out on a major publisher, it left me kind of flat. It left me even more silent when it became clear that’s a pretty normal deal. This financial underwhelming hush is the same feeling I was left with after reading Eggers’ fiscal rundown. It’s something people whispered about back when I was dreaming of having a book with my name on the cover and maybe being in the cross hairs of a legal shit storm involving whiskey.
Mar 18th, 2013, 4:32 pm

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Sep 4th, 2013, 10:39 pm
So I did some math, if I sell a goal of 5000 books, at $19.99 through Create-Space it's $99,950. I read that they deduct 60%.
If so that leaves me with $59,970. I'm not sure how much taxes will be taken out of that. But that's not bad, is it?

I heard more writers with large publishing deals see about $30,000 their first book.
Sep 4th, 2013, 10:39 pm
Oct 7th, 2013, 4:49 am
That's really disappointing to see they don't actually get paid that much with so much sold. It's just like the music industry; most of the money goes to the execs. I'm sure it makes it difficult to make a living doing something you love like that.
Oct 7th, 2013, 4:49 am
Feb 25th, 2014, 7:12 pm
Book Junkie wrote:So I did some math, if I sell a goal of 5000 books, at $19.99 through Create-Space it's $99,950. I read that they deduct 60%.
If so that leaves me with $59,970. I'm not sure how much taxes will be taken out of that. But that's not bad, is it?

I heard more writers with large publishing deals see about $30,000 their first book.


Createspace doesn't deduct 60%. They deduct the price of creating the paperback, plus a profit. Distributing outlets will also take a cut. A 300-page 6x9 novel on standard paper with black-and white printing (no color) would earn you a little over $7.50 per book at Amazon if it was priced at $19.99. That's about $38K for 5000 copies sold.

You'd get far less per book via a traditional publisher, because they paid you an advance, and so your royalties might be less than a dollar per book. They'd probably have given you a $5000-$10000 advance, so you'd come out ahead in this scenario. But if you only sold 5000 copies through a traditional publisher, that'd probably be the last time you sell a book to them, since they lost money on you.

Good luck selling 5000 paperbacks through Createspace, though.
Feb 25th, 2014, 7:12 pm
Apr 3rd, 2014, 9:58 pm
Book Junkie wrote:So I did some math, if I sell a goal of 5000 books, at $19.99 through Create-Space it's $99,950. I read that they deduct 60%.
If so that leaves me with $59,970. I'm not sure how much taxes will be taken out of that. But that's not bad, is it?

I heard more writers with large publishing deals see about $30,000 their first book.

No. If they take 60%, you're left with $39,970, not $59,970. How much math did you say you did? :D
Apr 3rd, 2014, 9:58 pm
Apr 4th, 2014, 4:46 pm
tgbooks wrote:
Book Junkie wrote:So I did some math, if I sell a goal of 5000 books, at $19.99 through Create-Space it's $99,950. I read that they deduct 60%.
If so that leaves me with $59,970. I'm not sure how much taxes will be taken out of that. But that's not bad, is it?

I heard more writers with large publishing deals see about $30,000 their first book.

No. If they take 60%, you're left with $39,970, not $59,970. How much math did you say you did? :D

LOL, as they say. I had to do the arithmetic a few times before I caught the error!
Apr 4th, 2014, 4:46 pm

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Apr 14th, 2014, 1:00 am
This is so very, very, very sad. All these wonderful authors work so hard and they are paid hardly anything. Coming from someone on this site, I suppose that sounds funny but I mean it. Unfortunately, there is such a huge amount of crap out there, bad writing and just a lot of books I am not interested in at all. But the ones I love! Well, I think every author should have a website with a paypal button. I would love to donate to those who had books I found worthwhile. When a steaming pile of crap like 50 Shades of Grey makes the author rich, it really puts things into perspective
Apr 14th, 2014, 1:00 am
Apr 14th, 2014, 1:28 am
I know this happens, but seeing this in writing just makes it sadder.
And on top of that me being a user of this site... :(
Apr 14th, 2014, 1:28 am
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Oct 19th, 2016, 8:20 am
The talk here seems to be focused on money. I can understand why many are disappointed with the takings. Main reason for disappointment - Great Expectations.

There's much amateurish thinking here. Write one book and make a c***load of cash. This isn't going to work. Instead of sitting on your big, fat butt thinking about the bucks you'll be making from your first book, shift your thinking to the book you'll be writing after completing the present one.

When you're writing your second, think about your third and so on and so forth. Well, only an amateur writer will expect to be rich after writing one book.

You have to write book after book, and if one of those makes it into the bestseller list, then the others become bestsellers, too. Because you become a brand and people want to lay their hands on anything related to the brand.

So banish the fatalistic thinking. If you live to write, stop thinking about money. You make 12000 USD from one book and you're complaining. Some writers in some countries are making about 1% of that sum but they keep on writing.

Why choose writing if you want to become rich? Why not go into property investment or do something more profitable like becoming a politician?
Oct 19th, 2016, 8:20 am