Hypothetical Scenario:

Suzy just received an offer of publication. She wishes to be paid 10% royalties, but Publisher says it can only pay 8%. Publisher says it's only a 2% difference. So Suzy agrees to the offer.

Later, Suzy writes another book and receives an offer of publication from Publisher. She wants to get paid 8% royalties, but Publisher says it can only pay 6%. Publisher says the economy's really bad, and that it really can't pay 8%. It tells Suzy that the royalty difference is only 2% just like before, so why not play the ball?

Suzy, feeling like it's only 2% just like before, signs the contract.

How much total earning potential Suzy gave up in both contracts? (Please calculate in percentages!)

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Ready?

Answer: It's not 2% for both cases. In the first case (10% to 8%), Suzy gave up 20% of her total earning potential. (If Suzy were to have earned $500 if she were getting 10%, then she would get $400 at 8%. The difference from $500 to $400 is $100, or 20%.) In the second case (8% to 6%), she gave up 25% of her total earning potential.

So Publisher's assertion that it's only 2% lower for both cases appears correct only if you're thinking about the total revenue that the book will make, which of course doesn't really matter to Suzy because she's never going to see that total amount of money. All she should be worrying about is her cut, and her cut is being cut by 20% (or 25%, depending on the scenario).

Why am I “lecturing” on math?

Recently I saw a discussion on Twitter about agent pay (#agentpay). Victoria Strauss, for whom I have great respect, said maybe the agent commission could be changed. You can read her entire post here.

The comments from some writers showed that some of them aren't thinking about the issue in the right way.

If agent's commission were to jump from 15% to 20%, it's not a 5% increase. It's actually a 33.3% increase. Look at Emily's math here.

This is probably the same reason why people think that giving up a few percentage points here and there in royalties affects them very little. But it's actually pretty significant.

So don't throw away your earnings, thinking it's only 1%. It's not! Do yourself a favor and punch in some numbers on your calculator before agreeing to anything.

I'm in the middle of revision right now. It's going well, especially because I like the story. (It's near-impossible to do this if you don't really care for your own story…) I like drafting too, but sometimes revision can be more “fun” because I can clear away all the gunk that's “almost there” but not quite.

Below you can see my desk during revision mode. It always has lots of highlighters, my drink of choice (it's coffee in the picture because I took it in the morning, but usually it's a big bottle of water at room temperature; I don't like cold water because it sometimes hurts my throat), trusty Synonym Finder, a notebook to jot down any ideas or reminders as I revise, and several pens in different colors. I also use Word Menu (not in the picture), which is a reverse look-up dictionary. And of course a print out of my work-in-progress.

Now a close-up of some pages after I've savaged them. Once I'm satisfied that they've been sufficiently brutalized, I transcribe everything to the soft copy on my computer. That takes a while because…um…sometimes my handwriting's very bad. I try to write neatly as much as possible in normal settings, but when I'm revising, I jot down ideas very fast because I don't want to lose any gems that come to mind.

All of us have written and revised at one point, even if it's not fiction (school essays, personal essays / statements for college apps, etc.). How do you revise?

Many writers seem interested in uploading their writing on Kindle. And no wonder. It's quick and easy way to make something too short and/or out-there for mainstream publishers available to readers and make some money on the side. You can also use it to promote your longer works — maybe post a short novella to tide your readers over between longer projects, etc.

Unless you're a publisher with a distribution agreement with Amazon, you cannot give away your books for free. But you can price your stories for $0.99, the lowest price point for Kindle. A lot of people are willing to pay a buck for a quick read on their Kindle. But even for a buck, they want something that's nicely formatted.

L. K. Rigel mentioned that my paranormal romance novella A Happily Ever After of Her Own was very well-formatted. So did Zoe Winters.

I used to offer an initial version of the guide for free, but I've made some improvements after having done three more conversions, one of which was a full-length novel. So I gathered all my code blocks, lessons learned and information on formatting for Nook (which has gained in popularity recently) and compiled them into one master file. You can get it from Smashwords if you like.

Hope you find it useful. If you have any questions, feel free to post them here.

May was a super busy month. I have no idea what I was thinking, joining MayNoWriMo while doing the uber-challenging (but also uber-rewarding) mentorship with Kate Pearce.

But the good thing is I got a lot of writing done. Finally I'm finished with my sooper-sekrit project set in futuristic Paris and Shintokyo (New Tokyo) to the point where I'm satisfied with all the major plot / character arcs. I also edited a short erotic novella and sent it off to Agent, wrote the first draft of a paranormal romance novella plus a synopsis for the sequel.

On the non-writing front — I'm sure you've noticed that my site looks different. Frauke from CrocoDesigns worked her magic again. It's amazing that she knew exactly what I wanted even though my emails were somewhat vague. If you ever need a web designer, definitely check her out. She's just fantastic.

Also say hello to Miss Moneypenny (Dragon Naturally Speaking 10). I've been having problems with wrist and hand pain, and I figured I should learn to dictate. If nothing else, I can “speak” dialogue out loud, so I don't have too much downtime due to pain. I honestly don't mind having pages and pages of dialogue to go back and fill out later with descriptions and tags, etc. And now that I have a new helper, I need to train her so she can transcribe correctly.

(BTW — Amazon has an incredible deal on Dragon 10 right now. So if you're interested in trying it, you may want to check out Amazon's price.)

Finally, I uploaded A Happily Ever After of Her Own on Amazon Kindle. Several people asked me about its availability in the Kindle format, and I decided to just go ahead and do it. It's still available on my site for free to my newsletter subscribers, but if you want the convenience of reading it on your Kindle, you can get it. (Unfortunately Amazon doesn't allow individual authors to give away stuff via Kindle, so I had to price it at ninety-nine cents, the lowest allowable.)

Later this month I plan to give away a copy of Kate Pearce‘s Kiss of the Rose, the first book in her Tudor Vampire Chronicles. Vampires in Henry VIII's court — what more can paranormal and/or historical fans can ask for?

Stayed tuned for your chance to win!

(FYI – The giveaway is open to anybody anywhere in the world. I don't have any author copies or ARCs; BookDepository will ship a copy to the winner when Kiss of the Rose is released.)

I'm a big fan of figure skating, and Yuna Kim is one of my favorite skaters right now. On my trip back from Thailand, I happened to have a layover in Seoul, so I went to the airport bookstore to pick up a copy of her memoir, Yuna's Seven Minute Drama.

Most of the book is about her figure skating career, leading up to the Olympics, where she won the gold medal with two stunning performances. (The book was published in January, so it doesn't actually talk about her Olympic experience.) But she also had a few thoughts on motivation, and out of those, “the final one degree” really stuck with me.

Yuna said that no matter what you're trying to do, you eventually reach a point where you feel like, “Hey, this is enough”. It's normally because you've been working very hard on something for a while, and you feel sick and tired of it and lose all motivation and enthusiasm. But this is when you really have to push forward.

The situation, she wrote, is like boiling water. If you're trying to boil water, you have to make sure the temperature reaches 100 degrees Celsius. No matter how long and hard you've been working on it, if you stop before your water hits 100 degrees, it will never boil. You can have very hot water, of course. Maybe even 99-degree hot water, which is pretty damn hot. But it's not boiling, and you won't achieve your objective, not because you're lazy or untalented, but merely because you stopped one degree short.

Writing is much the same. If you're working on writing the 1st draft, but stop before you type “the end”, you don't have a finished first draft. If you're revising but stop before your story is completely polished from the first page to the last, you don't have a revised project ready to send out to the world, even if you've spent months on revision.

It's easy to lose focus and enthusiasm for a project after spending so much time and energy on it. But don't stop when you're at ninety-nine degrees. Go for that final degree. Recognize that it's going to be the hardest and most grueling degree you'll have to work on, but get through it. And celebrate your accomplishment when your own water is finally boiling.

A very clever video about the end of publishing…because you know…the sky is falling! Haha.