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So I feel sort of morally obligated to comment here and yet don't want to sell my book, so instead, can I sell Hyperink? They were fantastic to work with, and
by patio11 14y ago
So I feel sort of morally obligated to comment here and yet don't want to sell my book, so instead, can I sell Hyperink? They were fantastic to work with, and successfully convinced me on why I should try publishing through them rather than trying to e.g. go through a traditional publisher or even one of the smarter tech-specific presses.
I've been asked to write a book for a few years by potential readers, and a few times by potential publishers, but I was very disinterested in doing so. For most people capable of writing tech books, writing books is a very poor use of time under any economic calculus. The typical model is that you and the publisher agree to do the book, then you're paid an advance (sometimes in installments contingent on milestones). You earn a royalty on each sale of the book, with the royalties first going to pay back ("earn out") the advance, and then being paid to you quarterly.
This sounds reasonable, until you hear the numbers (typical advance for a tech book from a first time author: $5k, typical royalty percentage: 8% on a physical copy, 15% on an ebook). They're not universally that bad -- an author or two from Apress and Pragmatic Programmer wrote me to say they were genuinely happy with their experiences -- but that's sort of the general flavor of things.
If you do the math, it is highly unlikely your book will recoup the advance, and that is indeed what happens to most tech books. So you've traded months of full-time labor writing and rewriting, plus additional months of part-time work hawking the book to anyone who will listen, in return for $5k. That is not a rational use of time for anybody who can e.g. do contract programming, which (one would assume) virtually all tech book writers could do.
When I said as much to publishers who asked me to write things, they said "Ahh, but the book will allow you to establish your bona fides", and I do not believe that making stupid decisions for my business successfully demonstrates to clients that I will make smart decisions for theirs. To my view of things, I'd rather have lots of folks be able to read my writing than have it blessed by a gatekeeper but widely unavailable.
But blog posts do leave a lot to be desired for teaching people. For one, my blog is very disorganized, since I have six years of back-issues which appear in order of "what I was working on that week", and they're of varying quality and relevance, particularly early in my career. Something with a bit of structure and curation seemed like it would add value. Plus, I am spelling- and design-challenged, so having an editor and someone with a sense of style would be a plus.
That's basically what Hyperink pitched: curating the best of the blog into a book, complete with editing and design help, with some extra essays added. It's far less work than scratch-writing a book, the terms are more equitable (no advance, equitable royalty split), and it provides incremental value to readers over the blog.
I don't expect to make a huge amount of money on it, relative to the business in general, but the idea sounded attractive enough to try it as an experiment.
- jamesbritt 14y agoThanks for these details, and I expect you'll do well with the book. Aside from Kyperink, what other self-pub options did you consider?
- xiaoma 14y agoI'm about 80% finished writing the ebook I emailed you about a few months ago and was planning to launch it with in the next few weeks from my own site as a PDF, but your praise of Hyperink intrigues me. Especially the help on the design and editing side would be a huge asset. After going to their site and clicking on the link for bloggers, it presented me with a form asking my email and URL and then said they'd follow up when they were ready. Any ballpark idea how that process works? Also, were the new blog posts your idea? I've actually written in quite a bit more depth for the book than I did on the blog. I definitely do want to earn money out of it, but as long as I'm doing it, it's worth doing it properly.
- mblake 14y agoOff the top of my head, I think https://leanpub.com/ https://leanpub.com/ is similar to Hyperink. I think if you do a bit of Google digging you can find stories from authors who decided to self-publish with specifics analysis of their process (what they used, how much time it took, revenue analysis etc.) I think the new blog posts that were added to the book serve as an incentive to buy it, probably a lot of the HN users were already familiar with Patrick and might've needed a little 'push' to click on the purchase button :) Just one of the possible reasons.
- biot 14y agoOn the spelling front: "... never-before-seen tails of abysmal failure". Is that the long tail of abysmal failure? Or should it be tale? :)
- deleted 14y ago[deleted]
- napoleond 14y agoThis ebook sells itself. I'm so glad you/Hyperink finally put it together!