Between Drafts

Choosing Professional Self-Publishing over Traditional Publishing (Ep. 5)

Jan 28, 2025
Discover how a surge in cryptocurrency is boosting book sales. Hear about one author's return to success with his crypto-themed book. Learn about the strategic choice of self-publishing a sci-fi novel, focusing on maintaining creative control and faster market entry. Explore the pressing challenges of querying literary agents and the comparison of traditional versus self-publishing experiences. Dive into effective marketing, distribution strategies, and the essential nature of manuscript revisions and professional partnerships.
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ANECDOTE

Crypto Confidential's Cyclical Success

  • Nat Eliason's book, Crypto Confidential, saw renewed success during the 2023 crypto bull run, validating his initial theory.
  • This renewed interest led to increased sales and a number one ranking in Amazon's crypto category.
INSIGHT

Book Advances as Loans

  • Book advances function more as loans against future earnings than bonuses.
  • Authors don't repay advances, even if their book doesn't earn out its full amount.
ADVICE

Prioritize Book Quality in Queries

  • When querying literary agents, focus on showcasing the book's quality and your understanding of the genre.
  • Mention your platform as a differentiator, not the primary selling point.
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