As part of a larger strategy to boost your profile or sell other items, writing and publishing a book can pay off.
earned a six-figure advance. “If you are a professional writer and are accustomed to getting paid a reasonable amount for your writing, the idea of writing a book is a tough sell because there is so much uncertainty.”That doesn’t, however, mean that book publishing is a waste of time. While it may be a questionable pursuit on its own, publishing a book could be a good side hustle if it supports your main job.. “That doesn’t mean it’s not worthwhile.
Hogue’s books have earned anywhere from $1,000 to $20,000 each, he says. With that wide variation, Hogue acknowledges that writing a book for its own sake may not pay off. However, he also has a blog —— and writes posts for that site every week. His current book strategy is to simply repurpose his blog posts into books.
If you earn more money doing something else, dedicating the necessary hours to a book could be a money-loser. If you go the traditional route, you’ll need to find an agent who is wiling to back your project, create a book proposal and have the agent shop it around. If a traditional publisher likes what it sees, it’ll typically offer the author an advance and royalties — a percentage of the profit on future sales.
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