Wondering why I’m choosing to self-publish my books now? Read this exchange between Joe Konrath and Barry Eisler. Apparently a lot of people are self-publishing their own ebooks now.
Joe: To the casual observer, you appear to be heavily invested in the legacy publishing system. They’ve been good to you, they helped you get onto the NYT bestseller list, made you wealthy with several large deals, and seem to have treated you fairly.
Barry: Well, I don’t know about wealthy, but I’ve been making a living writing novels for almost a decade now, which is a pretty great way to live.
Joe: You had six-figure and seven-figure deals. Logic dictates anyone offered a deal like that should leap at it.
Barry: You wouldn’t.
Joe: But I never had the treatment you had from legacy publishers. I would walk away from a big deal now, most certainly, because I have two years of data proving I can do better on my own.
However, what if a NYT bestseller were offered, say, half a million dollars for two books?
Or, more specifically, let’s say you were offered that.
You’d take it. Right?
Barry: Well, I guess not… 😉
Joe: So… no BS… you were just offered half a mil, and you turned it down?
Joe: Holy shit!
Barry: I know it’ll seem crazy to a lot of people, but based on what’s happening in the industry, and based on the kind of experience writers like you are having in self-publishing, I think I can do better in the long term on my own.
Joe: Holy shit!
Sorry. That needed to be said twice.
Barry: It’s okay, I like when you talk dirty.
We are living in remarkable times, aren’t we?
Joe: Indeed. “Barry Eisler Walks Away From $500,000 Deal to Self-Pub” is going to be one for the Twitter Hall of Fame.