It is a scary thing to face the unknown in exchange for security.
I used to write about frugality on a money blog. I was good at saving and living below my means, habits I more or less retained to this day. When I got my big break in corporate America I didn't go out and buy a new car or get myself entangled in a mortgage on a high rise condo. I spent frivolously on some things, but never more than I made and I always put something aside which enabled me to make this change in my life.
But nothing quite prepares you for the anxiety that comes with leaving behind a steady income for something completely unknown. As of today, I don't have an income unless someone buys my book, which is not something I can easily predict. The money I have now could well be all the money I will ever have and I have to think about that every time I buy something. It's easy to blow through cash on daily expenses. Plus there's costs like marketing, editing, and cover design that need to be budgeted.
Suddenly that pile of money starts looking very small. It's not like living on fixed income. It's living on no income.
There's a part of me that still can't believe I'm actually doing this.
The biggest lesson I've had to learn so far is patience. With books, nothing moves quickly. Even with books that have great first day sales, those were probably in the works at major publishing houses for a year. It's been a month and there have been modest sales through friends and family. But that organic sales channel is dying out. In the mean time there are literally millions of ways to market books. It's a slow process of trial and error to see what gooses sales.
Waiting for the book to take off is the hardest part. If it flops, gets tons of one star reviews, then fine-- I've learned something and I can chalk this up to a life experience. Hey, at least I tried, right?
Mike bode is the author of The Queen of Lies, the first installment in the ongoing series, Architects of the Grand Design. His next book comes out September. Sign up for the mailing list for more info.
Mike bode is the author of The Queen of Lies, the first installment in the ongoing series, Architects of the Grand Design. His next book comes out October. Sign up for the mailing list for more info. You can find him on Facebook, Twitter and Pinterest . (You can also follow him on Goodreads and even Amazon)