Hi hi lovelies. A slightly quicker post from me today. More of a heads up kind of a thing? I’ve been sharing a survey on my socials about how I can improve my Patreon page, the No. 1 Readers’ Club (please take a couple of minutes to do it, whether you’re a member or not, because more voices equals better direction for me, and your input will influence the posts I share here).
One of the suggestions that has come up so far is more transparency about where patrons’ money goes. I’d already been considering sharing a post, or posts, about how I earn my money, because I’ve had a lot of questions about book royalties and how they work. I figured that, since royalties are a quarterly thing, it might be more useful to do a quarterly ’round up’ post detailing all my income rather than a monthly one… also, frankly, I don’t earn enough at present to warrant a monthly post. So what I’m thinking is, I’ll do the first one when my first royalty statement comes through. That will be some time in March, I believe. I can also talk about the money I get in from my stationery shops, plus of course income from my patrons. I’m not sure how long the post will be, but I want to be as transparent with patrons as I can, so I figure I’ll do it every quarter? I won’t be sharing how I spend my money, but the number of questions I’ve had about book royalties alone has convinced me that the general public could do with a little bit of an education about how much authors actually earn.
Spoiler alert: this will be my face when I calculate how much I’ve earnt versus what publishing dragonnovel cost:
(That image has been sitting on my computer for SIX YEARS.)
Anyway. Leave a comment if you’d like to see anything in particular in this as-yet unwritten income round up post! Let me know if you have any questions about book royalties and how they work, or how publishing works, and I’ll do my best to add those in too. I feel like people tend to think of the creative industries as a bit mystical and opaque, not to mention lucrative, so anything I can to, you know, add some reality to the perception is something I’m interested in. I know March isn’t for ages, but this is the sort of topic that requires planning and I want to do it properly.
Look after yourselves!
Francesca
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