No more writing for free.
3 min read · Aug 26, 2022
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Ten years ago, Amanda Hocking, an independent author, sold 2.5 million dollars from her books.
No agent.
No publishing house.
Just her and her words alone made her wealth.
And even a decade later, people are still making money from writing their own books: 30-year-old Dakota Krout makes $1.8 million a year self-publishing as well.
Forget traditional publishing companies; self-publishing is the name of the game to actually monetize your stories.
There are millions of dollars hidden underneath these pages.
In the traditional publishing model, in which the publisher bears all the costs and risks of publication but retains most of the profit if the book is successful.
However, in self-publishing, the author bears all the costs and risks, but earns a higher share of the profit per sale.
Self-publishing is the fastest growing segment of the publishing industry; authors find…