Author Financials
Have you ever wondered how much authors actually make writing books? While it varies, wildly, on experience, genre, marketing ability, quality of work, and number of published books, I can answer definitively for one person - me.
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I don't open the financial doors for everyone, but I wanted to share my journey with you, my loyal subscribers. I think that the information might surprise you. Some of you will wonder why in the hell I would continue to work and work at something that, after nearly 15 years, still hasn't shown me a tangible financial profit. Others may find yourself in my shoes, looking out (which is, if I am to be honest, my main reason for doing this - with understanding, compassion often follows) and understanding the struggles of a writer better.
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I'm also doing this for me. A summary, if you will, of where I've been, where I'm going, and hopefully some lessons learned along the way. I'm a writer, I'm hopeless at working in an office for someone else, and aside from managing my short-term rentals, and marching my little family about on various projects and more, I'm kind of hopeless for anything else.
2017 Financial Summary
I started really keeping records in 2017. And they were pretty basic. Okay, real basic. So here goes:
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Total # of Books Sold: unknown
Total Income from Book Sales: $308.53
Total Expenses for Year: $163.61
Net Income/Loss for Year: $144.92 (profit)
2018 Financial Summary
This year gets a lot better. Why? I'm not sure. LOL. And considering it was without advertising, it would be great to know WHY I did so much better!
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Total # of Books Sold: 609
Total Income from Book Sales: $ 2,420.40
Total Expenses for Year: $1,499.09
Net Income/Loss for Year: $921.31 (profit)
2019 Financial Summary
In 2019, I published Hired Gun, my 7th book. I was exclusive with Amazon, but becoming disillusioned with keeping all of my books in one place. I also tried (and failed) with Amazon ads.
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Total # of books sold: 865
Total Income from book sales: $2,553.60
Total Expenses for Year: $4,779.64
Net Income/Loss for Year: $2,246.04 (loss)
2020 Financial Summary
The next year gets a lot better. Why? I'm not sure. LOL. And considering it was without advertising, it would be great to know WHY I did so much better!
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Total # of Books Sold: 609
Total Income from Book Sales: $ 2,420.40
Total Expenses for Year: $1,499.09
Net Income/Loss for Year: $921.31 (profit)
2021 Financial Summary
I started really keeping records in 2017. And they were pretty basic. Okay, real basic. So here goes:
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Total # of Books Sold: unknown
Total Income from Book Sales: $308.53
Total Expenses for Year: $163.61
Net Income/Loss for Year: $144.92 profit
2022 Financial Summary
The next year gets a lot better. Why? I'm not sure. LOL. And considering it was without advertising, it would be great to know WHY I did so much better!
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Total # of Books Sold: 2,093
Total Income from Book Sales: $ 3987.28
Total Expenses for Year: $1,499.09
Net Income/Loss for Year: $921.31 (profit)