Just found this blogger. I’ll be following her journey to get 1000 buying fans.
So, I must have been living under a rock. A few weeks ago I heard of this concept of “1000 True Fans” for the first time. (Detailed HERE.) The theory is that an artist can survive on 1000 true fans. While, for a self-publishing author who sells their novels for $0.99, this isn’t exactly true. I’m a nerd, here’s the math.
- I can write 2 books per year and make royalties of $0.32 per book sold. So if each fan bought both books… that would be: 2 books x $0.32 x 1000 fans = $640 per year. Barely covers editing costs.
- This is eye opening. Let’s say I charge $2.99 per book, that gives me royalties of about $2 each… so the math: 2 books x $2 x 1000 = $4000 per year. Still not enough to pay the mortgage.
The article says that 1000 true fans is not…
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