Venture Galleries Blog for Readers and Writers

Last One Chosen

Is an author a small business person?

 

 

 

 

 

 

 

 

You betcha.

In today’s digital world of publishing an author is a small business person.  He isn’t just a scribe that puts words on paper.  If he is to succeed, he must understand the craft of writing, the digital book business, social media and marketing.

My sense of this new paradigm for authors is that many resist the thought of immersing themselves in the business end of things.  This is probably why so many authors still cling to the old school approach in which an author wrote a book, handed it off to an agent, got a book deal and left all the business stuff to his publisher.  When I attend writers’ conferences, I am amazed at the number of new writers who don’t understand that the world has changed.

I have spent twenty-five years as a small business owner, so it is second nature to me.  I know that to keep a business afloat, the owner must be chief cook and bottle washer.

The problem is that many writers are okay with the chief cook part, but aren’t interested in washing bottles.

Last week I settled a case I had worked on for two years. To prepare the case took hundreds of hours of  my time and thousands of dollars out of my pocket.  I spent the time and money because I knew how the business worked. I knew what I had to do to win.

I was also willing to embrace risk. That’s where the water meets the wheel in business. A person must have some skin in the game. Maybe more skin than he prefers.

Many writers have works in progress.  For years.  Even when they complete the work, they massage it for more years, kneading it until it is ready to disintegrate.  Still, they hold it next to them as a new born child, afraid to let it sprout wings.

Not many businesses succeed if they refuse to offer their products for sale.

I believe this is where a little business sense is a great benefit to authors.  Some don’t like to think of their works as commodities, but they are.  They are things we hope to sell to the public. Make the best product you can, then set out to sell it.

Learn everything you can about the digital book business.  Make yourself an expert.  But don’t stop there.  Put what you learn into action.  Write books at night, sell them by day. Write them by day, sell them by night.  Write a bunch of them so that some of them will sell while others don’t.

Let the world come to know you and your work.

The small  business person is the heart and soul of commerce. In the new digital world, he is also the heart and soul of the book business.  Those guys in New York aren’t going to sell your books for you.  You have to do it yourself.

Jump in.  The water’s fine.

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  • http://twitter.com/CalebPirtle Caleb Pirtle

    Truer words were never spoken. We open up in the morning, write all day, blog, Tweet, and social market ourselves all day, then sweep up and lock the door when night comes. Then we lay awake at night, wondering how we’ll finally be able to make it all work tomorrow.

    • http://www.venturegalleries.com Stephen Woodfin

      And then get up and do it again, huh, Caleb?

      • http://twitter.com/CalebPirtle Caleb Pirtle

        And always do it again. It takes a long time of banging your head against the wall before the cracks, and you hope the wall cracks before your head does.

  • http://twitter.com/jvonbargen Jo VonBargen

    I’m glad I learned to tread water pretty well. I seem to do a lot of it. Yep, it’s a business alright. I believe no one works harder than a writer! Always researching, writing, honing, then trying to find a buyer for the rest of the time. It’s a 24/7 job!

    • http://www.venturegalleries.com Stephen Woodfin

      Amen.

  • Jack Durish

    I’m a foodie. Helluva hobby for a fat man, don’t you think? I watch many of the cooking shows and I think that “Life After Top Chef” would be excellent viewing for writers. Top Chef is a show for up and coming celebrity chefs who compete in cooking events until one is crowned “Top Chef.” “Life After Top Chef” follows a group of these as they follow their aspirations to open their own restaurants. Suddenly, cooking isn’t their only concern. Interestingly, one of the better cooks isn’t doing so well because she is failing as a business person, while one of the “also rans” is becoming extremely successful because he’s a good enough cook and a great business person. There’s a lesson in there for us as well.

    • http://www.venturegalleries.com Stephen Woodfin

      Jack, I agree. It would be nice if we could have the combination of a great product and a successful business plan. But the irony is that a great business model covers a multitude of sins on the product front.

  • http://twitter.com/plumbeddown Chris Plumb

    So, does this mean I can write off everything from my computer to printer ink, to editors and artists? I never thought of it this way. Look out IRS, I’m getting some money back (wait, I haven’t made any money yet).

    • http://www.venturegalleries.com Stephen Woodfin

      Chris, lol. Actually, you can write off a lot of things. If you get with your accountant, he or she can walk you through the sorts of things you can do even before you start to turn a profit. Editing costs, cover art, setting up a webpage, etc., any of the things you have as expenses necessary to pursue the business of writing are things you can expense. It’s just like any other business start up. Happy writing. SW

  • http://twitter.com/CarsonCanada Christina Carson

    I had businesses all my life. It is how I prefer to work. But this one is so more amorphous than any I’ve had before. I could always easily identify the market and shape the marketing accordingly. But as sweet as it sounds to say one’s market is worldwide and in the mutli-millions, it makes it damned hard to figure out how to market to that. But we will figure it!

  • http://www.facebook.com/david.farrell.9619934 David Farrell

    “The problem is that many writers are okay with the chief cook part, but aren’t interested in washing bottles.”

    Consider this article shared around.

    • http://www.venturegalleries.com Stephen Woodfin

      Thanks, David.