Earn extra money during the recession: write a book

With a recession now upon us, many people are struggling to make extra money, and one of the best ways is to write a book. You may think that this is a long and time-consuming process, and indeed it can be if you publish through a traditional publisher. After the book is written, it can take anywhere from six months to a year or more to find a publisher (if you’re lucky), then wait eight months to a year before it’s published. However, you can avoid this if you publish the book yourself, in other words, if you publish it yourself. In fact, desktop publishing has several advantages, and you can make money within a few months of starting your book.

Among the advantages are:

  • You won’t have to spend months (and maybe years) sending hundreds of inquiry letters and dealing with rejections.
  • You get a much higher fraction of the retail price of your book. Editors usually give you ten percent; As a self-publisher, you can get forty percent or more, even after expenses.
  • Desktop publishing is much faster. Once your book is written, it can usually be set up on disk and sent to the printer in less than two months. In the case of a traditional publisher, even after the manuscript is accepted, it may take a year or more before I see a copy of your book.
  • As a publisher, you have full control over your book. You can decide what you want on the cover and what you want for the overall look of the book.
  • You can continue to sell the book for years after its publication. Books from traditional publishers typically stay in a bookstore for only a few months, depending on how well they sell.

Of course, you will have to sell the book yourself, but now you have many sales channels that were not available a few years ago. Most of them are associated with the Internet and one of the most important is Amazon.com. Also, you no longer have a large initial investment in the sense that you don’t have to publish a large number of books. You can publish your books one at a time as they are sold through POD (Publish On Demand) publishing.

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