August 18, 2021- Yesterday, we spoke about the pros of self-publishing; we can call this part two to discuss the cons of the same subject. The more educated authors are about the publishing industry, the options, and expectations, the better chance they have of being published or at least choosing the best fit for their work.
- Initial and ongoing investment. Self-publishing can cost anywhere from $5,000 to $10,000+, and there are ongoing expenses. If you don’t have the funds to invest in an editor, formatted, designer, and publication, it’s going to be a tough road, and you’ll get a less than good product. The point is, most people can spot a poorly done self-published book a mile away based on the cover alone; then they pick it up and can see from the interior that it’s sub-standard. They’ll keep their money and spend it on a book that looks the way that it should, no matter how compelling the story.
- Too many hats. You are the person in charge of everything, as mentioned in the post before this one. You’ll be the one answering emails, interviewing graphic artists/illustrators; you’re the marketing and sales team as well as the social media guru. You’re the shipper, receiver, inventory orderer and fulfiller, and the person responsible for maintaining your website. There are at least fifty jobs that you’re responsible for while self-publishing. You could hire some personnel to help you, but most of the time, there’s not enough money left in the budget, so you end up doing everything yourself. This is not only time-consuming but counterproductive. Don’t be a jack of all trades master of none.
- People. You’ll need contacts for bookstore signings, graphic artists, illustrators, formatters, a printer, and an editor. You’ll need a group of beta readers, people who will give you honest reviews, and the right distributor. You’ll need an accountant, social media specialist, marketing manager and more. The list is long; be prepared to have a ton of doors slammed in your face before ever getting in front of your target audience.
I don’t say any of this to discourage you, but to be truthful that YOU must be the right type of person to take the rejection that comes with self-publishing. It’s not for the faint of heart or the easily rattled.
Here’s how we can help you on your self-publishing journey: http://www.pandamoniumpublishing.com/shop; check out the classes and services that we offer.