2min chapter

My First Million cover image

Ryan Holiday Reveals How Much Best Selling Authors Make, Crazy Peter Thiel Stories & More

My First Million

CHAPTER

How Much Are You Getting From Hardcover Books?

Mark O'Mara's books are very big internationally, right? He's probably sold 20 million books. As soon as you start selling lots of copies internationally, let's just say you start seeing a lot less money for those titles. If you sell a million books in Russia, right, you're not getting your standard royalty rate. You may never see a penny of that. So you can't simply go, well, what's the total number of copies sold by a person? And then times that by a number, you're probably going to be overstating the cash they have on hand.

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