The six-figure book advance, like the New York Times bestseller, is the object of many a writer's fantasy. Whether it's also a realistic goal is something else again.
Can you really get a six-figure book advance?
When Susan Page wrote The Shortest Distance Between You and a Published Book in 1997, she included the following list of the qualities that you and your book have to have if you're going to get a six-figure advance.
Page's aim was to deflate unrealistic expectations. Her book aims to get you into print, not necessarily to get you rich. Most authors do not get rich from their books. Most publishers don't get rich either. Book publishing is an industry in which there is very little profit. If authors get rich, it's usually because having a book lets them sell expensive services and book high-paying speaking gigs.
You can get a six-figure advance, but it will cost you.
And I don't mean the $197 price tag on Susan Harrow's new e-book, Get a Six-Figure Book Advance. A $200 investment is nothing if it gets you a $200,000 return. Using the proposal template/software included with her $197 e-book, you'll be able to produce the kind of proposal that will have publishers in hot pursuit-but getting the advance requires a whole lot more than just buying the book or even having all the right elements in your proposal.
If you want a six-figure book advance, you're going to have to work for it.
Susan Harrow, jokingly known as a "de-motivational coach," doesn't try to pretend otherwise. In her August 4th teleclass, co-hosted by ghostwriter Mahesh Grossman of the Authors Team, she made it clear just how much work goes into getting a six-figure advance, and how long and hard you have to keep working after you get the money.
How advances work
In order to persuade publishers to pay you $100,000 or more before your book is published, you have to convince them that your book will sell at least 100,000 copies. (Your royalty will be about $1/book for a trade paperback, possibly as much as $3/book for a hardcover, so you do the math.) And since books don't sell themselves, what you're really saying to the publisher is that you can sell those 100,000 copies.
Yes, a publisher that invests that much money in you will also invest more in the production and marketing of your book than in someone who gets a smaller advance, but when you get right down to it, no one really buys a book because of its publisher. And your book won't sell just because it's a good book. People rarely buy non-fiction books for the quality of the writing. They buy for the quality of the information-and in the mind of the public, that depends on the expertise and reputation of the author. It all comes back to you.
How do you get readers to think of you as an expert?
First, they have to know you exist. If you're not already a celebrity, you're going to have to become one, or at least put up a convincing show. If you don't have legions of fans, you should at least have thousands of subscribers to your e-zine or blog, or a syndicated column in a newspaper. If you haven't been on Oprah or The Today Show yet, radio interviews and local TV news programs are a good start.
Getting into the public eye
To get visible enough fast enough, you probably need a publicist, which means shelling out several thousand dollars. In order for media attention to do you any good, you have to look good and sound good every time you appear. That means getting professional media coaching before you start lining up interviews to make up for not being a celebrity. You need to arm yourself with a repertoire of sound bites for all occasions and rehearse until you can spout them in your sleep.
That doesn't just take money, it takes time. It takes work. And no one can do it for you, either, because you, as the author, have to be the one in the limelight.
Editing is essential for a killer proposal.
Media coaches and publicists aren't the only team members you'll have to enlist if you want a six-figure advance and a book that justifies it. The services of a professional editor are essential for both your proposal and your finished book. In fact, you might just want to hire a ghostwriter and get it over with, because you're probably going to be too busy marketing to write.
That's more money spent in advance of getting your advance.
Post-publication publicity
You're not through yet, either. Now that you've gotten enough media attention for yourself to impress a publisher, you have to do it over again for your book. You're going to have to shell out a good-sized chunk of that advance on your own publicity efforts. More and more publishing houses assume that your advance is the marketing budget for the book, so they expect you to spend your own money on getting the book sold. (Tip: when mentioning this in your proposal, always make the offer contingent on the publisher matching the amount.) This expectation actually holds true regardless of the size of your advance, but the more money you want to get, the more money you have to spend.
Six-figure advances are not for the faint of heart
Writing a good book is the least of the challenges facing you when you set out to get a six-figure advance. Moreover, if you don't earn out your advance by actually selling 100,000+ books, your chance of getting such a large advance again are nil. To succeed when the stakes are this high, you need to become an Olympic athlete of a book marketer. That can be hard to do if you have either a day job or a family, never mind both. And it's almost impossible if you don't have a substantial chunk of starting capital.
Do you really need a six-figure book advance?
For many authors, five figures is plenty, especially for a first book. Even if it loses money, that book will create the leverage the author needs to succeed in other aspects of her business. (That's one reason self-publishing can be such a good option for business book authors.) Getting a smaller advance still takes work and costs money, but it's a much more manageable goal for a first time author without fifty grand to invest in getting into the bookstores.
(c) 2005 Sallie Goetsch.
You have permission to reprint and distribute these articles online, in whole or in part, free of charge, as long as you include complete attribution.
Author-izer and Collabowriter Sallie Goetsch started writing at the age four. She specializes in turning busy professionals into authors. Get free articles for your e-zine, newsletter, or website from her article blog or e-mail authorizer@fileslinger.com to ask about custom web content.
![]() |
|
![]() |
|
![]() |
|
![]() |
Are you an author who is looking for new ways... Read More
Successful authors are convinced that radio interviews are the very... Read More
How would you like to have countless people clamoring for... Read More
Why Should Your Book Be on Amazon.com? Credibility. If your... Read More
During the past year or so, I have done nearly... Read More
A flyer is an excellent, inexpensive way to promote your... Read More
To get a book cover design may be expensive and... Read More
If you are discouraged because traditional methods of book or... Read More
When my first book was published way back ten years... Read More
Does a title really sell a book? The short answer... Read More
To create a saleable book you need to know your... Read More
A clever title is great if it is clear, but... Read More
Are you using these methods to promote your articles?If not,... Read More
Many of us are trying to do business and don't... Read More
Where is your book now? With a distributor? In a... Read More
Are you an avid reader? Are you trying to instill... Read More
Editors will buy a book for one or more of... Read More
Whenever someone suggests you do a book signing and you... Read More
Wouldn't you rather write a book that sells well than... Read More
Many self-publishing authors plan on eventually selling their book to... Read More
Great! The Chamber of Commerce, or a similar group, has... Read More
Color is tricky at the best of times. If you... Read More
Authors, especially self published, small press and Print on Demand... Read More
Make your book stand out from the crowd! Test your... Read More
To have your work accepted for hard copy publication is... Read More
You wrote a tips booklet. Maybe more than one. Oh... Read More
There are over ten thousand daily, weekly and monthly newspapers... Read More
Surprise your potential buyers. Give them chocolate frosting!After we entered... Read More
After months of scouring the internet, I could not put... Read More
Francine Silverman. Book Marketing from A-Z (InfinityPublishing.com, 2005). Trade paperback.... Read More
Without a website, an author is unknown. Without a website,... Read More
Reach 15,000 to 100,000 targeted buyers every week Online. That's... Read More
Think of Your Promotion Time and BudgetMost one or two-book... Read More
Publicity is that elusive thing that can make or break... Read More
1991 was a pivotal year in my life. My professional... Read More
Why write an introduction? Nobody reads it anyway. Up until... Read More
With the large increase of books being published by self-publishers,... Read More
Are you an avid reader? Are you trying to instill... Read More
There are over ten thousand daily, weekly and monthly newspapers... Read More
Whenever someone suggests you do a book signing and you... Read More
Writing a book is becoming more and more of a... Read More
Most authors sigh a sigh of relief when they finish... Read More
Did you know that your back cover information is, after... Read More
So you've written a book, had it published by a... Read More
Working in the publishing industry comes with a high expectation,... Read More
Whether you are an ebook author/publisher or a print book... Read More
After months of scouring the internet, I could not put... Read More
"How do I set up a media event?" -- As... Read More
If I was asked to describe the perfect book, one... Read More
Wouldn't you rather write a book that sells well than... Read More
Many authors hit a roadblock when it comes to putting... Read More
This is intended for informational purposes only. Selling books by... Read More
We hear a lot these days about more books actually... Read More
"Are you disappointed and tired of time and money down... Read More
The total number of books sold by small, part-time mail... Read More
We all have at one time or another had the... Read More
When my first book was published way back ten years... Read More
Is your mind muddy on book marketing? Do you wake... Read More
The six-figure book advance, like the New York Times bestseller,... Read More
Choosing a publisher probably seems like a complicated task, however,... Read More
Many of us are trying to do business and don't... Read More
Why Should Your Book Be on Amazon.com? Credibility. If your... Read More
Do you have books sitting in your garage that you... Read More
Remember that the miracle of cloning sheep has its drawbacks.... Read More
Authors, especially self published, small press and Print on Demand... Read More
There are several ways of publishing your chapbook. You can... Read More
Book Marketing |