The dictionary defines ‘author’ as a person who has written something, especially a book, and ‘entrepreneur’ as a person who sets up a business or businesses, taking on financial risks in the hope of profit.
Many years ago, I combined the two to develop the word ‘authorpreneur’ to describe someone who takes risks to turn their writing into a business.
I didn’t give it much thought because I was new to writing and still finding my feet. But soon, I started spotting the word being used by other writers. I even noticed some books with the word ‘authorpreneur’ appearing in the title. That was it.
The time had come to make the term mainstream.
Let me define and elaborate on the term.
An authorpreneur is a person who creates written products, participates in creating her brand, and actively promotes that brand through a variety of outlets.
An Authorpreneur makes use of the twenty-first-century outlets such as websites, blogs, social media, content marketing, writing platforms, newsletters, promotional materials both in print and online, speaking engagements, online and in-person courses, and workshops to create a unique business model to build a community based thriving business.
I started reading about more and more writers who were using these new outlets and becoming considerably successful. Much more successful than it was possible in the traditional way of writing and publishing.
In less than ten years, a new breed of writers has started dominating the writing industry, and the trend is going not only to continue but explode.
Yet thousands of writers aspiring are not even aware of it.
Why I started this publication?
One of the myths around writing is that you can’t live off your writing. Indeed, the vast majority of authors do not make a living from their written words.
The traditional publishing industry that once sustained many writers is now in a freefall accelerated by the pandemic. I have been watching in dismay as publisher after publisher closing their shop.
Four in five traditionally published books never “earn back” the advances received by their authors, which means they don’t sell enough copies to make the writers any money past the initial amount paid by publishers for writing the books. Most e-books don’t sell more than 560 copies per year and most print books don’t sell more than 250 copies per year. In fact, the average books sell 3,000 copies in its lifetime. — Nina Amir
But that is changing. On the other hand, self-publishing is thriving.
Making a living as an author takes hard work, and the income from just one book or writing on one platform will not pay you enough to live on. If you want to earn a living as an author and not make a living but thrive as an author, you need to think like a business person. Like an authorpreneur.
This publication will help you achieve that.
Writing is the hardest profession to break into.
Not only learning to write well is arduous but making a living from writing is grueling. But things are changing for good.
Today many more avenues are available to writers to publish and make money while honing their craft. New ones are fast appearing. But the learning curve is sharp.
I have created this publication to help new writers establish their writing business. It will have articles specifically for that purpose.
If you are a writer like me, if you want to do nothing else but write, you want to know the clear pathway to become an authorpreneur.
I want to dedicate this publication exclusively to help writers become authorpreneurs.
What kind of articles I will be published here
Articles helping you develop an authorpreneur mindset. Articles with practical advice to set up your business. Stories of the writers who have been on the journey before you and have made it. Summaries of the books on the topic.
I want to create a community of writers who want to help each other establish their author business.
If we all lift each other up in small ways, we can reach new, exciting heights together.
Initially, I will be the sole contributor to this publication. With time I will like other writers to join me to help build this publication.
I will be looking for high-quality, practical articles that focus on mindset, creativity, writing, editing, publishing, marketing, and author business models.
Here is my rough list of the kind of articles I am envisioning:
- The mindset of an authorpreneur.
- The business of writing.
- The process and habits of writers.
- Advice on developing writing products.
- Articles exploring different writing career paths.
- Unique or creative writing, editing, and publishing tips, tools, and methods.
- Book summaries of books on the top of authorpreneurship.
- First-person accounts of getting a book published.
- Interviews with experienced writers.
- Other creative pieces in which fellow writers can learn something new.
Who can contribute?
Any one of you who wants to write on the topic.
If you want to contribute, reach to me via LinkedIn.
How can you help?
By subscribing to the publication.
By leaving comments and asking questions about what you would like me to write about.
I am not starting this publication to turn it into a mega publication but as a small portal to share my learning as I progress on the authorpreneur journey.
“True authors don’t write for fame or make a name or money, they write to make impact.” — Bernard Kelvin Clive.
They say a journey of a thousand miles starts with a single step. For me, that step is this publication and my newsletter A Whimsical Writer.
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