Make Sure You Have a Business Plan for Authors

Mistake number seven is not having a business plan. Authors who fail to plan plan to fail. A good plan will help you avoid costly and expensive mistakes, the kind of mistakes that can torpedo your career. Most professional authors take losses for at least the first five years. And it's not until your books start being published that the real money starts coming in. Youve got to sow before you reap. It takes time to make money.