Some really good points from Books Go Social personality Elisabeth Schaffalitzky (say that five times fast!) about publishing for those who have yet to publish and even for an established author. (Link below) They polled their author readers and got these 5 things authors wish they knew before they published the first time.
(Note that professional editing is #1)
So you know you want to succeed as a writer. You have a story to tell, you think you’re good at it, and you think other people would agree! However, the will and the motivation to write aren’t enough. …
Source: 5 Essential Pieces of Advice You Need to Hear Before You Publish – Updated | The BooksGoSocial Blog
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!