(reprinted from the May 28, 2006 Funds for Writers Newsletter)

     High Hope for the Freelance Writer       

      C. Hope Clark, Editor


Volume 7, Issue 22 - May 28, 2006


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FUNDS FOR WRITERS

FundsforWriters - Ranked one of 
Writer's Digest's 101 Best Websites for Writers 
2001, 2002, 2003, 2004, 2005, 2006

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THE ULTIMATE SOURCE OF FUNDS FOR WRITERS


Editor: C. Hope Clark 

Mailto: HopeClark1@aol.com  -or-
Hope@fundsforwriters.com 

Website: http://www.fundsforwriters.com 

Newsletter: ISSN: 1533-1326

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2. ARTICLE - 
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A New Option for Finding a Publisher: Do It Yourself

by Diane Lau

Imagine if you found yourself the best-selling author of a 
great publishing company, happily planning on releasing your 
fifth title, when suddenly you learned your publisher was 
closing its doors.

This was my situation earlier in 2006. It was the second time 
in my career I had lost a publisher. The first time, back in 
1998, I responded by forming a little sole proprietorship, so 
I could publish my two books. I found a printer that could do 
very short runs for a decent price. I’m still waiting to fully 
recoup my $2,000 investment, but I kept my little company 
operational. I even used it to produce a few ebooks for free 
distribution.

When I lost my publisher this year, publishing myself became 
even more appealing. The changes in technology in the 
intervening years had completely transformed the publishing 
industry. The advent of ebooks and print-on-demand (POD) means 
a publisher can release new books with extremely low up-front 
costs. Internet distribution, particularly Amazon, make it 
possible for readers around the world to find small press books 
and buy them. The web also provides countless free or 
inexpensive marketing opportunities that didn’t exist in 1998.

I asked myself if there was anything another independent 
publisher could do for me that I couldn’t do on my own, and I 
could think of very little. As a publisher, I could lower the 
prices of my titles and still make more profit than my royalties 
had provided via a traditional press. 

So I took the plunge. I recreated my two print books and six 
ebooks, as well as print and ebook versions of the new book I 
planned to release. I worked directly with Lightning Source, 
Inc. to publish my books; LSI is the company many “self-
publishing” companies use for ebook and POD production. While 
holding down a full-time day job, I completed this project in 
less than five weeks and published the new book right on 
schedule. I spent under $750 to publish all these books. By 
contrast, the other day I calculated what the “self-publishing” 
company AuthorHouse would have charged in fees for what I did 
on my own, and the total was over $3,000!

I’m happy to say the new books are even better quality than the 
previous versions. (Not that my old publisher wasn’t good; they 
were simply not as obsessed with perfection as the author!) My 
income is even better than before. But best of all, I have 
peace of mind: I know everything is in my control, and no one 
but me will make the decision to remove my titles from availability.

Let me explain the other reason I am so excited about the 
opportunities afforded authors today by technology. Let’s face 
it: big publishers become less and less interested in new 
authors every year. Independent bookstores close, and the big 
chains carry fewer small press titles. The trend in Big 
Publishing is to neglect new authors as well as the non-
mainstream needs of readers. Meanwhile, there is a revolution 
among writers and readers to bypass this system. The new wave 
is small electronic presses, “self-publishing” companies, and 
authors like me who directly publish themselves. Authors and 
readers connect every day without any involvement by Big 
Publishing.

It’s a very exciting time to be an author. If you’ve been 
discouraged at the lack of progress in your career, hop on the 
Internet and check out some of the opportunities available to 
you that you may have overlooked. Consider your own capabilities 
beyond just writing, and look for the tools you could use to get 
your words out to readers. And if you have even basic skills in 
business management, marketing, graphic design, and web design, 
I encourage you to consider the option of starting your own 
publishing company.

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Diane Lau writes romance fiction as Diana Laurence. Her book 
Do-It-YourSelf-Publishing ( www.dianalaurence.com/diyp.html
details her blueprint for being your own publisher. It is 
available for $2.99 from Amazon or 15% off from Living Beyond 
Reality Press ( www.livingbeyondreality.com ).

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