The Creative Penn Podcast For Writers
Writing Historical Fiction And Non-Fiction With Emily E K Murdoch
Oct 14, 2024
Emily E K Murdoch, a USA Today bestselling author with over 100 historical romances and a nonfiction history book, dives into the world of writing across genres. She discusses the differences between traditional and indie publishing, emphasizing the importance of personal branding and financial security for authors. Emily also shares insights on navigating contracts, diversifying income streams, and the creative process of researching historical fiction. Her journey from fiction to nonfiction illustrates the complexities of publishing and the necessity of enjoying one's work.
01:02:35
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Quick takeaways
- Authors need to actively engage in financial planning for retirement, as relying solely on book sales may not ensure future income.
- Understanding contract clauses in serialized fiction is crucial, as unfavorable terms can significantly impact an author's earnings and rights.
Deep dives
Planning for Financial Security as an Author
Authors are advised to rethink their financial planning, particularly regarding retirement. It's highlighted that many authors assume their book sales will provide sufficient income in the future, but this is often not the case. Instead, the podcast stresses the necessity for authors to actively manage their finances by investing in pensions or setting aside savings. This proactive approach to financial security allows authors to focus on their writing, knowing their financial future is under control.
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