(cont'd)- I'm giving away hundreds of listings on the Vault, and as a result of doing so, won't see one thin dime of income on the site until October or later - Given all the time and money I've already sunk into developing the site, I don't even expect to earn back my upfront investment until sometime next year - I'm already personally
reaching out to publishers on behalf of authors who are listed in the Vault, on my own time and my own long distance bill, despite the fact that I don't stand to earn so much as a finder's fee if any of those contacts result in an offer - I make my The IndieAuthor Guide available for free on my author site and blog - I built Publetariat, a free resource for self - pubbing authors and small imprints, by myself, and paid for its registration, software and hosting out of my own pocket - I shoulder all the ongoing expense and the lion's
share of administration for the Publetariat site, which since its launch on 2/11 of this year, has only earned $ 36 in ad revenue; the site never has, and likely never will, earn its keep in ad revenue, but I keep it going because I know it's a valuable resource for authors and publishers - I've given away far more copies of my novels than I've sold, because I'm a pushover for anyone who emails me to say s / he can't afford to buy them - I paid my own travel expenses to speak at this year's O'Reilly Tools of Change conference, nearly $ 1000, just to be part of the Rise of
Ebooks panel and raise awareness about self - published authors who are strategically leveraging ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow au
Ebooks panel and raise awareness about self - published authors who are strategically leveraging
ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow au
ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow authors.
In May, Rakuten Kobo extended its global
reach by creating Kobo Plus — a new revenue -
sharing model for authors distributing
eBooks to the Netherlands and Belgium.
With so much focus this year at FutureBook on the emerging
ebook markets in foreign locations, Readmill's founder Henrik Berggen explained to Good e-Reader that the educational purposes for social reading may be farther
reaching than just the
sharing of important passages and insights.
Orna Ross founded The Alliance of Independent Authors (ALLi) for indies and professionals of diverse background who work with indies; Hugh Howey provides sales data in his author earnings report, engages himself with other self - publishing gurus to clarify the current state of
eBook sales, and
reach out to his fans and fellow authors on his website; Joanna Penn
shares her insightful advice regarding self - publishing and encourage indie authors to speak up and
share their success.
So two of the main tricks to not run out of money when you
reach an advanced age is to not sell
shares, and never invest in any form of «self - destructing bonds» or these types of bond ETFs or mutual funds, as explained in the free Money
eBook.