130: How do I Publish Without Losing Money?

Most writers dream of holding a freshly printed book in their hands. The one thing that scares them, spending the money to get to that point.

In today’s episode, we’re talking about investing finances into publishing your book. Your book is finally written and after shoving paper into the printer you hit print and now you hold 300 pages of your manuscript.



Now what?

Every time I finish a new manuscript, I print it out, and I begin my editing phase. Once the editing phase is done that’s when it’s time to start spending money. But many authors don’t have the cash or don’t want to spend the cash on producing the best possible manuscript.

I get it, nobody likes to spend money to produce a book. The average publisher spends nearly $20,000 per book. The cost is a combination of editing, typesetting, cover design, marketing, and printing. It takes a lot of money to produce a marketable book.

The average self-published author spends as little money as possible on publishing their book. What most authors haven’t been told is, self-publishing is an investment in your hard work. You have to spend money to make money and there are even tax advantages for investing in your book.

Not everyone can spend a lot of money on their books. I get it, I feel the same way. I want to walk you through several options that can help alleviate some cost but give you a quality self-published book.

1. Self-edit your book by using Grammarly.

Everyone would agree it’s a bad idea to put a first draft book out into the marketplace. If you look at Amazon, you’ll find a majority of self-publish Kindle eBooks are just that, first draft manuscripts. But if you want to rise above the crowd, you need to edit, edit, edit.

One of the best ways to edit your manuscript is to print it out and go line by line through your manuscript; cutting, changing, and tightening your work. The second best thing you can do for your manuscript is to run it through Grammarly and check for common grammatical mistakes.

This one program we’ll save you a lot of embarrassment. It will point out complex compound sentences, help you fix bad punctuation, and help you get rid of those pesky adverbs and adjectives.

I recommend running your manuscript through Grammarly after every draft you write of your book. That way, before you hand it off to an editor, you’re giving them as clean of a manuscript as possible.

2. Give your manuscript to trusted grammarian friends.

It can be scary handing off your manuscript to somebody you don’t know, I’ve been there and done that. One thing I highly recommend is handing a manuscript to a friend who’s good at English. My recommendation, somebody you know who has a degree in English.

There are two people I use whom I trust to give me positive feedback. It doesn’t mean I use all suggestions, but when it comes to grammar, I use the suggestions. Having fresh eyes to take a look at your book will give you the confidence to know that somebody else is going to take just as good care of your work as you did writing it.

I would offer to pay them an agreed-upon fee, that way they’re not doing it for free. The take the time and allow a grammarian to go through your manuscript to help you tighten up your prose and make the best possible book.

3. Use beta readers to give you positive feedback on your book.

One of the best things you can do is have other people read your book. Ask three or four trusted friends or family members to read your book. When they agree to email them a PDF and ask them the following questions:



* Does the book make sense from beginning to end?

* What parts of the book don’t make any sense?

* If you could change one thing about this book, what would it be?