What should a “book deal” really look like?

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January 14, 2018

What should a “book deal” really look like?

A book publishing deal…the dream sounds wonderful in your head, right?

Read on and maybe learn a few things!

When you think of a traditional book deal, what comes to your mind?

If you’re like most writers, you’re thinking:

  • large payment advance — maybe it will be $1,000,000!
  • becoming a best-seller 
  • front shelf and end cap exposure in all major stores
  • celebrity status
  • royalties on book sales making you rich!

Well, there’s good news…and bad news.

The good news is that current celebrities and authors who have previously sold millions of copies of books likely do get deals like this. And they should… because goals 1 -10 for traditional publishing companies are to make $$$. So, they are going to bet on the horse they know will win. That means they make $$$.

However, these writers are less than .01% of all published authors.

Which means, unfortunately, aspiring authors with hopes and dreams of being the next John Grisham or J.K. Rowling are left to submitting manuscripts and proposals to dozens, if not hundreds, of literary agents and publishers. And hear only crickets in return.

I’ve known a few people who thought they were getting a great book deal—fellow professional speakers mostly, but others too.

Come to find out the book deal they were so excited about actually took away everything they had worked so hard to achieve. When they signed the contract,

  • they signed over their rights to the book.
  • the publisher completely changed their book.
  • they were assigned a 10% royalty90% of the retail revenue went to services and middlemen.
  • they had to pay $12+ for their own (250 page, black and white) book.
  • they lost all control over their book.
  • they were not allowed sell the book on their own.
  • they were given a performance agreement requiring them to sell a certain number of books each month.
  • they were told thatmore editing was required before publishing the book and that editing was a pricy number per word.

…I could keep going, but you get the point.

BAD NEWS/SAD NEWS is that I’ve yet to meet a first-time author who was happy with their traditional book deal. It was never a deal once they read the contract. Unfortunately, most were so excited about the contract that they overlooked the small print that stated they were signing their rights away, among other things.

The GOOD NEWS is that there is at least one publisher out there who wants you to keep:

  • 100% of your royalties
  • 100% of your intellectual property
  • the U.S. and foreign rights to your book
  • and who wants to help you every step of the way to your publishing goal.

Write Way Publishing Company was established to help writers early in their writing career bypass the scary parts of book publishing. Write Way Publishing helps authors take full advantage of a new era of publishing.

Now with amazing print-on-demand (POD) technology, aspiring authors can publish print and digital books as independent authors (also called indie authors) and retain full control of their work. However, authors still must take care—there are publishers out there in this arena as well who offer a “deal” that isn’t really a deal.

Here at Write Way Publishing, we are transparent. We show you everything up front and in advance. We’ll talk with you to ensure your every question is answered. And it’s easy to read our small print because we don’t have any! We keep the language simple and the points clear.

Click here to download our sample publishing agreement.

Whether you have a book already written or are on the writing journey or are just starting to explore, we will work with you every step of the way.

Here are some of our services:

  • author coaching and writing support to ensure manuscript completion
  • developmental and copy editing
  • book formatting with interior layout and design services
  • graphic design, illustrations, and book cover design
  • publishing services with printers linked to Amazon.com, B & N, and other online and offline retailers
  • book launch and promotion services to help authors sell books
  • coaching services and resources to help authors learn how to speak about their book
  • publishing packages, a la carte services, and book marketing support

 

Visit WriteWayPublishingCompany.com

 

Write Way Publishing Authors

  • retain 100% of the rights for and ownership of their work.
  • receive 100% of all royalty payments earned directly from Amazon.com & other online retailers.
  • keep 100% of the earned profits from any retail sales and any direct sales.
  • can order print-on-demand books—no inventory to maintain other than the books authors choose to order directly at special author pricing. There are no minimum or maximum purchase requirements.
  • benefit from personalized support and author coaching each step of the way.
  • receive complimentary support and assistance with book launch, marketing, and promotion.

 

Click here to download our sample publishing agreement.

 

Click here to tell us about your book, and we’ll schedule a complimentary consultation with you. The only book deals we provide are deals that will help you live your dream of becoming a publishing author.

 

 

 

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