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Originally Posted by Catlady
Too many authors think they don't need professional help; they think they can do everything themselves, with a spellcheck and a graphics program. Or if they admit they need help, they think they can get it from some relative or neighbor, because they don't want to pay for a professional.
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But authors who are aware they need professional help, and are willing to pay for it, no longer need to sign away 70-90% of their profits for it. They can pay up front, or work out a contract for the specific services they need, and have the option of self-publishing, and a reasonable chance of making a living at it.
Ten years ago, it didn't matter how good they were; self-publishing was a lost cause. Now, it's a potential source of thousands of dollars a month. True, only for those authors who are both talented and lucky enough to catch the right type of attention--but ten years ago, that option didn't exist at all; those authors had no way to sell millions of books.
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Publishers haven't been tech'd out of the book industry; they've just lost their monopoly. And they'll get to find out exactly how much of their business model was contingent on being a monopoly, instead of the quality of the services they had to offer.
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That's total bunk.
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You don't think publishers have lost their monopoly? You think the authors who're making a living self-publishing are a tiny anomaly that's not going to get bigger over time?