Tag Archive | book contracts

The Down Side of Signing a Book Contract 

I agree with this writer, we spend a lot of time talking about how to get published and not enough time about what to do after you sign a contract with a book publisher.

This author got into hot water thinking she had made it; she signed with one of the big 5 publishers and then another publisher. She got a nice, big advance and was working hard on her craft. What is so bad about that? I’d be excited too. I’d have thought I’d made it too! But she tells us what happened next.

Source: How To Lose A Third Of A Million Dollars Without Really Trying

Are these reasons to avoid traditional publishing. Mostly, I’d say no. But it does help you understand how the traditional book world works, and if you end up signing a contract that is associated with an any kind of an advance, you need to know what to expect and not expect from that publisher or agent going forward.

The decision to pursue self-publishing over traditional publish still is mostly about your goals, your time, and your budget. But it is good to know what you’re getting into when you sign the dotted line!