Anyone can write a book
Anyone can write a book. It might be bad or be incomprehensible, but so what: it’s still a book and many published authors haven’t done any better. … I like this though: it means anyone who puts in enough time can actually write well. Some of our best writing comes from ordinary people from all walks of life.
A typical book author barely makes more than minimum wage. You receive an advance and 10% royalties on net profit from each book. If your book retails at $25 per copy, you would need to sell at least 4,000 copies to break even on a $5,000 advance.
If your story fits the first category, then go for it. Simple stories can be very powerful and very popular, and anything in the first category makes a good first book on which to hone your writing skills. Even if it never gets published, it’s worth writing just as a learning experience.
J.K. Rowling’s pay for each Harry Potter book sold is not a matter of public record. However, if she receives the industry standard 15% per book, she might have made approximately $1.15 billion, based on the series total revenue of about $7.7 billion. Each new paperback sold at $7 would be mean about $1 for Rowling.
If you’re writing your first novel, the general rule of thumb for novel writing is a word count in the 80,000 to 100,000 range. While anything over 40,000 words can fall into the novel category, 50,000 is considered the minimum novel length. Anything over 110,000 words is considered too long for a fiction novel.
Among beginners, defined as those with zero to three years of experience: 25.7% earned $1 to $20 per hour. Only 4.3% earned more than $100 per hour. The most common pay range was $21-$40 per hour (32.1%)
Self-published authors make up to 70% royalties from their books, while most traditionally published authors make 5-18% royalties after “paying back” their advances. From a major publisher, such an advance is typically $5,000-$10,000 for a first-time, unknown author, more if the author is well-known.
Writing by hand gives you a better understanding of what you are writing. It is according to a study carried out two American researchers, Daniel Oppenheimer and Paul Mueller. The study showed that students who take notes by writing them using pen and paper had a better understanding of the subject than those who type.
A standard adult or young adult novel should be less than 100,000 words. This is a hard stop for traditional publishing. Once you’re established, you can write longer books, but for a debut novel? Stick to the 70,000 to 90,000 word range.
Mobile writing takes some pre-work. Sure, you can just go for it, but if you want to write a novel or book worth reading, you’ve got to set up your writing system before you go scouting for stolen moments.
Writing is a great hobby, but it can be a tough profession to earn money from. Besides, you must be exceptionally good at writing to make a living from it. However, if you really enjoy writing, are determined to earn money online through writing and make it your career, there is a midway path.