This Friday I'm recommending two blog posts by Kristine Kathryn Rusch, a New York Times and USA Today bestselling author, editor, and publisher. I came across both because I'm heading to a conference focused on the business aspects of being an author, and she's one of the presenters.
Her blog contains a wealth of information for authors.
For example, in Business Musings: Pulphouse, Alternate History, & the Modern Era, Rusch talks about launching a quarterly hardback magazine with her husband in the pre-Internet, pre-ebook days when publishers had to pay for print runs and sell mainly through book sellers.
She covers what worked well–such as creating an Issue Zero with a striking cover and blank pages to send to authors when asking them to submit stories–and the many, many mistakes made.
One mistake involved not having a plan to deal with the 90-120 day lag time between paying for the costs to publish and collecting revenue. Another was underpricing the publication.
While much has changed in the publishing world since then, Rusch shows how the lessons learned apply to authors today.
In Business Musings: My Day in Negotiation, Rusch discusses negotiating rights, including for television deals, and why she prefers to do so herself rather than relying on an agent.
If, like me, you think it'll be quite a long time, if ever, before you'll need to deal with offers for movie or television rights, this is the right time to read the advice.
In fact, it's probably the best time because you can consider it and learn more before you're in the middle of a discussion. Plus, when there's an offer on the table, it can be hard to get past your excitement and be objective about the terms of the deal.