A Profitable Idea for Writers

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To say that I read a lot is perhaps one of the greatest understatements of all time. I read chronically, obsessively. Articles, books, magazines, newspapers, newsletters–you name it. Whenever I am alone, if I’m not actually writing something, I make certain I have something to read with me. I carry a large purse precisely for this purpose; my partner, John, calls the one I hoist on my shoulder these days “carryon luggage,” which should give you some idea of its size.

Approaching Agents & Publishers while Self-Publishing

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Money. If your publisher prints 5000 copies, the book sells for $19.95 and your royalty is 6% of the cover price (12-14% of the net), your earnings will be less than $6000. If the book sells and goes back to press, you may do well.
Otherwise, it is not worth the many hours at the keyboard for $6000. According to Publishing for Profit by Tom Woll, most initial print runs are 5,000 copies.