The Authorpreneur Mindset
The Authorpreneur Mindset
The Soul Scribbler
Misconceptions and Scams In The Publishing Industry [Ep. 002]
28 minutes Posted Jun 8, 2017 at 7:47 pm.
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The first episode of The Authorpreneur Mindset seemed to be a hit!  So we took a few weeks between that episode and this to get ahead. You can expect 3 episodes over the next week and then at least 1 episode a week after that. I’m really excited about the content we have planned for you!
Also, I realized today the website hasn’t been updated with proper links to where to download, that will be fixed ASAP.
This episode is all about the Misconceptions and Scams in the Publishing Industry, so it’s one you really don’t want to miss! We talk about vanity publishing (both the good and bad), the misconceptions about traditional publishing, we also talked about the differences in money between traditional and indie and how you might be surprised at the changing times.  There’s a lot more content than that, as well!
The podcast is brought to you by Steam Powered Dreams Publishing but paid for out of my own pocket. If you’d like to show your support, there are many different ways to do it:

* Buy a copy of Scrivener
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As always, below is a direct copy of the show notes. They were written before the episode was recorded but are here for reference and SEO.

Topic: Misconceptions and Scams

There are a lot of all too common misconceptions in the publishing industry and it doesn’t just stop when you’ve been published traditionally.  
In fact, that’s just the start for many companies who are trying to get as much money out of you for as little effort as possible.
Today I’m going to be talking about some of the scams and misconceptions that are spread across all aspects of the writing industry, from outlining and planning, all the way up to stealing your rights away from you with the promise to publish your book
I’m Jeremy Collier and this is episode 2 of the Authorpreneur Podcast
So, getting into our topic for this episode, let’s first talk about some of the misconceptions revolving writing and publishing.
Misconception Number 1: Self/Indie Pub are not truly published authors.

Self Publishing is now not only viable, but for most authors a better choice.
You get full royalty rates and have full control over the who, what, when, where, and how of your book.

If you want to sell your eBook on Amazon exclusively, your paperback at a local mom-and-pop bookstore, and create your own audiobook to sell on your website, you can do that.
If you wanted to give away a free copy of your eBook for every physical book sold, you can do that.
Decided on changing the cover, CTA’s, back, etc.? You’re in 100% control.


But it is a business and it takes some knowledge in not just writing, but everything else, as well. Even if you outsource things like formatting, cover, and the actual publishing, you should still know enough to understand the process.  
You’ll also get to choose how your book is marketed and when.


Misconception Number 2: If you get a traditional deal, they do everything!

Sure, if you’re name is Stephen King or JK Rowling they’ll take your finished manuscript and turn it into a masterpiece, with high quality edits, cover design, and formatting, not to mention thousands invested in marketing, but most of us don’t get that treatment.
In fact, in exchange for around 90% of the profit, the traditional published author gets very little.

Mediocre editing (enough to pass as edited), if that. Many require you to have your work edited ahead of time and they just touch it up. It’s becoming more common to see manuscripts rejected based on the fact they are not professionally edited.