Hey, it looks like I will finally earn some money from my first non-fiction book, at some time in the next six months!
I wrote this book after securing a commission from J. A. Allen (part of Hale Books in the UK), and it was published six years ago, January 2008.
I recounted my experiences with traditional publishing, including figures, here , written in January of this year (2014).
Well I am happy to announce that my latest royalty statement has now arrived, and I have only £19.50 left to pay off my advance before I start earning – yay!
In the last 6 months I’ve managed to sell 40 copies (many as a direct result of my own direct sales tactics), for a resulting £70 paid off my advance.
Yes, these are tiny figures, and no, I’m not going to make a living from these books, but the satisfaction of actually ‘earning out’ (paying back my advance) is going to be HUGE, as so very few published books ever achieve this.
My next concern is going to be – will my publisher reprint? As it has taken so long to sell (original print run was 2500 copies; now 200 left, and at this rate it will take another 2-3 years to sell out completely) I don’t know. I’ll be very disappointed if not, as it’s a great learning tool which will always have a market, because new people take up dressage training all the time, but it’s out of my hands.
Just keeping my fingers crossed, and looking forward to that first REAL royalty cheque.
I will let y’all know when it arrives 😀