Posts Tagged ‘Proposal’
The High Cost of a Six-figure Book Advance
The six-figure book advance, like the New York Times bestseller, is the object of many a writer’s fantasy. Whether it’s also a realistic goal is something else again.
*Can you really get a six-figure book advance?*
When Susan Page wrote *The Shortest Distance Between You and a Published Book* in 1997, she included the following list of the qualities that you and your book have to have if you’re going to get a six-figure advance.
1. Your book is on a topic of wide general interest that could excite a large number of readers.
2. Your book has a distinctive angle and makes an original contribution to its field.
3. You have substantial credentials to write on this topic OR you have a co-author who does, OR you can get an extremely famous, well-credentialed person to write a foreword for you.
4. You have prepared an extraordinary proposal and are working with a competent editor already.
5. You have a show-stopping title.
6. You secure the services of a well-known, experienced agent who believes the book can earn such an advance.
Taming the Book Proposal
In truth, thatâs a lie. Every author has the option of self-publishing. However, there are advantages to writing a book proposal instead of a whole book.
One advantage is that it usually takes less time than writing a whole book. Two, it creates the possibility of getting paid to write your book, perhaps just a few thousand dollars, perhaps tens or even hundreds of thousands. Three, it forces you to get clear about what youâre doing with your book, on a number of levels.
Even if you want to self-publish, a book proposal serves as a sort of business plan for your book. The time and energy spent on research, evaluation and comparison of your ideas at the outset pays off down the line many times over. After all, wouldnât you rather find out now that someone else has said similar things more eloquently and have a chance to amend your manuscript, than publish the darn thing only to read terribleâor worseâno reviews?