Sorry guys! I haven't done this for a while, and Abbi decided that it's time to pick things back up.
We had a great question from Shelby a while ago that I didn't really know the answer to so I've done some research. Please take note, this is just what I've researched so it's a good idea to make double checks before you make any final decisions.
Shelby asked:"Do you know anything about self-publishing and if its safer to do (you know, so you can get all the credit), if its expensive, etc. because I would much rather do self publishing when I get older."
So keeping that previous rant of mine in mind, here's part of a goldmine article:
1. Self-publishing is easy.
Here's how it works. You choose a size for your book, format your Word manuscript to fit that size, turn your Word doc into a PDF, create some cover art in Photoshop, turn that into a PDF, and upload it all to the self-publisher of your choice and get a book proof back within a couple of weeks (or sooner) if you succeeded in formatting everything correctly. You can then make changes and swap in new PDFs.
After you officially publish your book, you can make changes to your cover and interior text by submitting new PDFs, though your book will go offline ("out of stock") for a week or two. BookSurge/CreateSpace charges $50 for uploading a new cover and $50 for a new interior.
(Lulu offers very good, detailed instructions for the DIY crowd, doesn't require any upfront fees, and is very popular as a result. Ironically, I used Lulu's how-to content to put my book together for BookSurge, which had very poor instructions for DIYers. Interesting stat: Lulu claims to publish an average of 4,000 books a week. Oddly, the company didn't offer the size of the book I wanted to create (5.25 x 8 inches--the standard size for trade paperback novels; Lulu only offers 6 x 9, which is too big).)
2. Quality has improved.
I can't speak for all self-publishing companies, but the quality of Booksurge's books seem quite solid. You can't do a fancy matte cover (yet), but the books look and feel like "real" books. The only giveaway that you're dealing with a self-published book would be if the cover were poorly designed--which, unfortunately, is too often the case.
3. Some of the more successful self-published books are about self-publishing.
I don't know what this says about the industry, but it's probably not a good thing. I didn't read any books because I was busy scouring the Internet, but there are a few that appear to have some useful information. However, take everything with a grain of salt because things change quickly in self-publishing and analysis of the industry tends to attract a lot of qualifying statements. As Mark Levine notes in a "sample" review of his The Fine Print of Self-Publishing, "Will BookPros provide a service that is $20,000 better than anyone else in this book? If your book takes off, then yes. However, if your book isn't very successful, you may not think so." In another noteworthy book, Stacie Vander Pol takes a stab at ranking top performing POD self-publishing companies based on sales performance. I'd like to see this stuff on a free website rather than a book. But that's just me.
Note: April Hamilton, the author of IndieAuthor Guide, is offering a free HTML download of her book to readers of this column. I don't agree with all her points, but her guide has a lot of useful information, particularly for DIYers.
4. Good self-published books are few and far between.
Because the barrier to entry is so low, the majority of self-published books are pretty bad. If I had to put a number on it, I'd say less than 5 percent are decent and less than 1 percent are really good. A tiny fraction become monster success stories, but every once in a while, you'll hear about someone hitting it big.
5. The odds are against you.
The average self-published book sells about 100-150 copies--or 2/3 to 3/4 of your friends and family combined (and don't count on all your Facebook acquaintances buying). I don't have a source for this statistic, but I've seen this stated on several blogs and as a Publishers Weekly article titled "Turning Bad Books into Big Bucks" noted, while traditional publishers aim to publish hundreds of thousands of copies of a few books, self-publishing companies make money by publishing 100 copies of hundreds of thousands of books.
6. Creating a "professional" book is really hard.
Barrier to entry may be low, but creating a book that looks professional and is indistinguishable from a book published by a "real" publishing house is very difficult and requires a minimum investment of a few thousand dollars (when all was said and done, I'd put in around $7500, which included about $2,500 in marketing costs). You wonder why "real" books take 9 months to produce--and usually significantly longer. Well, I now know why. It's hard to get everything just right (if you're a novice at book formatting, Microsoft Word will become your worst enemy). And once you've finally received that final proof, you feel it could be slightly better.
7. Have a clear goal for your book.
This will help dictate what service you go with. For instance, if your objective is to create a book for posterity's sake (so your friends and family can read it for all eternity), you won't have to invest a lot of time or money to produce something that's quite acceptable. Lulu is probably your best bet. However, if yours is a commercial venture with big aspirations, things get pretty tricky.
8. Even if it's great, there's a good chance your book won't sell.
If your book is really mediocre, don't expect it to take off. But even if it's a masterpiece, there's a good chance it won't fly off the shelves (and by shelves, I mean virtual shelves, because most self-published books don't make it into brick and mortar stores). In other words, quality isn't a guarantee of success. You'll be lucky to make your investment back, let alone have a "hit" that brings in some real income. Don't quit your day job yet.
These are just 8 of 25 tips this guy gave on self publishing. The website for the rest of them are here. I think that in general this is a good place to start. Second I'd suggest you find a good book website, or go to kindle's website and see what you can find. There's some ladies on my Jane Austen website (that I love) who have talked about publishing with kindle. I'd check that out.
Hope this was helpful!
(This is also going to posted in the Q&A page, so you can go back to it for an easier reference.)