Have you ever wondered what the profits are like for a published author? Well in today’s video, Rachel Coker, a teenage author, and I discuss that vey question.
In the video, I explain the difference in royalties between a traditionally published author, like Rachel Coker, and a self-published author, like me. Rachel and I also explain what an advance is and how you’re supposed to use it.
Finally, Carol gives her dirty secrets of what it really costs her to print her books from a Print On Demand service. Watch the video, filmed in live at the Cincinnati Home School Convention:
For more information about how to start your own micro business and how you can write out your very own business plan, check out Carol Topp’s series of books, Micro Business For Teens, available at: MicroBusinessForTeens.com, Amazon.com, and BarneAndNoble.com.
Carol Topp, CPA