It’s not even 9am and I already feel as if I’ve had a full day, probably because I’ve already:
- Drank four cups of coffee
- Digested a muffin, bagel, and half a watermelon
- Met with and been inspired by Author Solutions!
Needless to say I could already use a nap; my 5:30am alarm did nothing for my beauty sleep, but right now I’m too excited! Not knowing much about self publishing companies, I was thrilled to discover a free Chicago event on LinkedIn put on by Author Solutions. I invited my successful self-publishing author friend Scott E. Smith of the award-winning title Like Dizzy Gillespie’s Cheeks to attend with me and off we went, to what proved to be an inspirational and enlightening discussion of the publishing business.
Though the intended speaker from Author Solutions failed to show (probably contributing to the non-sales pitch feel of the meeting), Sandy Powell and Scott Walters from the Business Development team were available for questions and discussion. It’s always interesting to learn about a new segment of the career I’m aspiring towards, and Powell and Walters both had experience and opinions to share. In a nutshell: Publishing has not reached its end, books are not going to die, what will inevitably happen is a necessary shift in the business model.
There are many options available for a revised publishing business model. Among the factors are changes in author’s payment (maybe less advance and higher royalties?), fewer print runs (more print on demand vs. warehouse space) or even the big publishing houses starting an imprint for self publishing; a lower risk way to test new authors to see if the titles catch on, with less impact on the already-stressed finances.
Of course, social media and personal interaction is never to be overlooked, as a new article on “Mashable” looks at traditional books in two new mediums in “5 Ways Traditional Media is Going Social“.
Unlike VHS tapes, book publishing continues to evolve and have space and opportunity for advancement. I look forward to seeing some of these changes implemented in the influential hallways of Random House, Penguin and HarperCollins and I can’t wait to be an active participant.
Please share any additional thoughts/insight on new publishing opportunities! And for all you aspiring writers out there, take a look at what the Author Solutions portfolio has to offer, I think you may be pleasantly surprised…