I’ve been working on a book proposal, and as it takes shape I find myself in an unexpected quandary. It’s a good book (in my completely unbiased opinion;-)) on a popular topic, and it’s built on many years of practical experience. Although I have a publisher who specifically requested this proposal, I’m hesitating over the question of whether or not I want to go through traditional publishing channels or self-publish.*
You see, I’ve done both, and I know how to self-publish properly– doing everything that a regular publisher would do, including using my company’s own ISBN and hiring experienced specialists for editing, copyediting, indexing, cover design, proofreading and all the other details. I have access to a high-quality pool of experts in NAIWE, the National Association of Independent Writers and Editors, and I’m not worried about the mechanics of the process. Because I have a reasonably well-established online presence and a solid platform as a writer, speaker, coach, and director of NAIWE, I’m not worried about the marketing.
The reason I’m wavering is twofold: First, I know the vast difference in profit margin between the two methods, and second… Read more