Are you an author who has a book that you would like to see published? If so, have you received multiple rejection letters from both large and small publishing houses? If you have, your first thought may be to give up. Of course, it is your right to do so, but did you know that you do have other options? One of those options is to self-publish your own book.
Before examining if self-publishing your own book is right for you, it is first important to familiarize yourself with self-publishing, namely what it is. Self-publishing involves writing, developing, and selling a book without the assistance of a third party publishing company. Book authors are responsible for writing a book, editing a book, and finding a company to print the book, as well as selling the book. Self-published authors typically sell their books on their own websites or they approach retailers, both on and offline.
As for whether or not self-publishing a book is the right option for you, there are some signs that you will want to look for. A few signs that self-publishing may be your best option are highlighted below for your convenience.
Sign #1 – You Have Received Multiple Rejection Letters
What it is first important to understand about the publishing process is that few authors receive offers from publishers on their first, second, or even third try. In fact, some authors try as many as fifty times or more to get just one book published before they receive an offer.
As a good rule to set for yourself, be sure to send your manuscript to as many publishers as you possibly can, especially those that are looking for what you have, such as an environmental themed children’s book or a science fiction novel. When there are no more publishers left, consider self-publishing.
Sign #2 – Despite Rejection Letters You Still Believe You Have a Good Book
Self-publishing is a wise choice for many, but for others it can be a costly mistake. Before deciding to go ahead with self-publishing a book, it is important to make sure that you are fully behind your book. Do you honestly and truly believe in your heart that you have a good book on your hands? If you do, self-publishing may be for you.
Sign #3 – You Have a Book with Limited Readers
When many of us think of publishing a book, we automatically think of captivating stories. Fiction books are not the only types of books written, although they do typically tend to have the largest audiences. If you have written a how-to book or a guide on a specific area that is likely to only draw in a limited number of readers, self-publishing may be your best option. Many well-known publishers tend to stay away from books that only have small target audiences.
Sign #4 – You Want to Retain the Largest Profit
Self-published authors stand the best chance of making the biggest profit. This is because publishing fees are not taken out of their profits. With that said, it is important to remember that self-publishing is not free. You will have to pay to have your books developed in print, but that fee is typically smaller than the cut that many well-known publishers take. There are always ways that you can save money with self-publishing, like by printing on demand, as opposed to a large quantity of books on hand.
Of course, it is important to remember that just because you want to make money, it doesn’t mean that you will. If you want to make the most money with a self-published book, you have do to the proper amount of marketing.
As a reminder, it is important to remember that there are a number of pros and cons to self-publishing. With that being said, self-publishing may be the best option for you. If you truly believe that you have a book that will sell, you are encouraged to closely examine self-publishing, as you have nothing to lose by doing so.