banjo said:
The Bridges of Madison County, Term Limits, The One minute Manager, The Celestine Prophecy, and others were self-published first. Warner bought the world rights for the Celestine Prophecy for $800,000 in 1992, quite a bit of money at the time, but it became a bargain for Warner. It remained on the Publisher's Weekly Hardcover Fiction List for 64 weeks, 26 of those weeks as #1. And James Redfield was previously an unknown author.
The Celestine Prophecy was self-published and hit it big. I can't find any evidence at all The Bridges was ever self-published. If it was, it certainly never sold enough copies for anyone to find. There isn't a copy of it anywhere. I suspect it's one of those myths, like all the self-publishing sites that claim John Grisham self-published his first book. If Waller ever did self-publish, it's certain he had truly rotten sales, and the book wasn't picked up because it sold well.
"The One Minute Manager" is nonfiction, and you can't lump it with novels. Self-publishing can be good for niche nonfiction, but it's nearly always horrible for novels.
Self-publishing because you don't like the waiting time for traditional publishing is probably the worst possible reason to self-publish.
The simple truth is this: whether you like it or not, there is stigma to self-publishing novels, and it's well deserved. For every well-written self-published novel out there, there are a thousand horribly written ones.
The odds are roughly 250,000 to one that if you self-publish a novel, two years later you'll still be waiting for it to turn even a small profit. With traditional publishing, the odds are about one in five that your novel will turn a profit, and you'll be asked for another novel. The turnaround time is much faster with a second novel. Even a traditionally published novel that sells horribly still outsells 99% of all self-published novels. And is better written than 99% of all self-published novels.
If you want to be successful with a self-published novel, you can't just expect to put it up on a website, or self-publish POD, and expect readers to come to you. You have to have LOTS of copies on hand, and you have to spend tons of times each and every week selling out of the trunk of your car, travelling to various shows and signings, etc. You get no distribution, no help of any kind, etc.
Success stories do happen with self-published novels, but there almost as rare as hitting the lottery. And for good reason.
Two years is NOT a long wait, this length of time is NOT ever going to shorten because there is a queue system that is both necessary and helpful to writers. Thousands of novels are published each and every year, and there's only so much room in bookstores, only so much time at the printers, etc. And the time BEFORE publication is time you can prepare the public for the book.
Patience is not only a virtue, it's essential. I suppose it's natural for a writer to want quick responses and fast publishing, but it's also not realistic, not good for the writer, and shows a real lack of understanding of the business side of writing. The only thing fast usually means is fast loss of money, fast loss of time, and fast loss of any chance of being successful.
There may be plenty of good writers who feel as you do, but if so, they're hiding well. They certainly aren't self-publishing novels. You can read self-published novels for months without finding one that doesn't read like it was written by an illiterate third grader. Or without finding one with an author who doesn't think it's wonderful.
The ONLY advantage to self-publishing a novel is that you can fail a whole lot faster.
And should you work a miracle and manage to write the one in 250,000 self-published novels that sells well, and should you have it picked up by a traditional publisher, yeah, right, you'll still have to wait your turn in line to have it published. You're taking the long, slow road, not the fast one.