Tom wrote: > > 11 Oct 2000 From: "Matt Broze" > > > Okay PW's guessing game time. Let's hear some > > guesses as to how much money I > > have earned in royalties and advances (before taxes) > > for "Deep Trouble" over > > the last 3 years since it came out (Note: I get > > about 60% of the royalties > > on that book). > > Assuming the closest guess wins (vs. the closest > without going over), I guess $2.00/book and guess > sales of 24,500 books equals Fourty-Nine Large In my opinion Tom has on Rose Colored Glasses! Deep trouble is probably doing better than our regional guidebooks but typical royalty is 10-12%of net - net being on the order of 50-60% of cover price. Sarah and I have our books sold for $15.96 cover price by Globe Pequot which means if we don't sell them direct we get about $0.89 per book. Sales on the Western Great Lakes book were 5,000 the first year. So here goes my guess. Total advance money was probably about $4,000 for royalty and perhaps $1,000 for expenses. Assuming Matt gets 60% of this and does not do too much traveling he breaks even the first year! This assumes about 5,000 books sold and of course Matt accepts the hourly rate of $0.00/hr for his labors. Add in two years and 15,000 more books the total author royalty might be $12,000 this brings the total cash stash beyond expenses to a grand total of $7,200 for Matt. I am still praying for minimum wage by the end of the decade on our books. With larger sales perhaps Matt will make minimum wage within the first five years of sales? > > > > *************************************************************************** *************************************************************************** PaddleWise Paddling Mailing List - All postings copyright the author and not to be reproduced/forwarded outside PaddleWise without author's permission Submissions: PaddleWise_at_PaddleWise.net Subscriptions: PaddleWise-request_at_PaddleWise.net Website: http://www.paddlewise.net/ ***************************************************************************
on 10/13/00 3:08 PM, wanewman_at_uswest.net at wanewman_at_uswest.net wrote: snip > breaks even the first year! This assumes about 5,000 books sold and of course > Matt accepts the hourly rate of $0.00/hr for his labors. Add in two years and > 15,000 more books the total author royalty might be $12,000 this brings the > total cash stash beyond expenses to a grand total of $7,200 for Matt. snip Remember there are two authors, George Gronseth being the other, and also Sea Kayaker magazine was involved although I have no idea what the arrangement was. I'll make a guess of about $3,000 for Matt. Rex *************************************************************************** PaddleWise Paddling Mailing List - All postings copyright the author and not to be reproduced/forwarded outside PaddleWise without author's permission Submissions: PaddleWise_at_PaddleWise.net Subscriptions: PaddleWise-request_at_PaddleWise.net Website: http://www.paddlewise.net/ ***************************************************************************
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