Becoming an author won't make you rich...

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Angelinity

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dang!

...oh, wait, we're not doing it for the money!! :D


http://www.alcs.co.uk/multimedia/pdf2/word.pdf

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60% of professional writers have to take on a second job in order
to pay their bills, according to the results of a new report from
the Author's Licensing and Collecting Society, the organization
in the UK that ensures authors are paid whenever their work is
read or broadcast.


The survey of 25,000 authors discovered that
the average salary for authors in the UK is 33% less than the
national average wage of £16,500,($33,000), with many authors
earning around £4000 ($8000) a year from their works.


Those authors whose works were in the top 10% of works borrowed or
read, earned more than 50% of the royalties distributed last
year. The ALCS equated this to a salary of £82,500 ($165,000) for
the top 5,500 writers. Authors whose works were in the bottom 50%
earned only 10% of the royalties available.


Life is particularly hard for young writers in Britain, as writers between 24 and 35 earn on average £5000 a year, which is a third less than young
writers in Germany
.

They also discovered a gender gap in payments, with male authors receiving 60% of the royalties available.

Not surprisingly, only 20% of the authors surveyed rely on writing as their only source of income.

The ALCS is concerned that if writers' earnings continue to fall, it will be
hard to attract people to the profession.
 

Sean D. Schaffer

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Well that's just great! All these years I had my hopes set on making more money than Bill Gates with my first book. This dashes all my hopes of ever becoming a successful writer to pieces.

:rolleyes:
 

Angelinity

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Well that's just great! All these years I had my hopes set on making more money than Bill Gates with my first book. This dashes all my hopes of ever becoming a successful writer to pieces.

:rolleyes:


hah ;) depends on how you define 'successful'... ain't being a 'famous' writer enough fo ya? you wants spoils and riches too?? :tongue
 

Sean D. Schaffer

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hah ;) depends on how you define 'successful'... ain't being a 'famous' writer enough fo ya? you wants spoils and riches too?? :tongue


:)

Spoils and riches would be nice, but that'll have to wait until I actually get a piece published. ;)
 

johnrobison

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What you say is true in any creative field. What percentage of painters makes a good living from it? How about photographers, or musicians? People do it for love of the craft, and some make money.

If you want a job in writing with a steady paycheck, work for a newspaper or similar organization. Writing on your own means greater freedom, but a greater gamble too - the possibility of rags or riches.
 

JJ Cooper

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And I just want to say what a lovely avatar you have Angelinity. How the hell can anybody (or is it anyone) disagree with what you say?
 

Angelinity

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Quote: JJ Cooper

How the hell can anybody (or is it anyone) disagree with what you say?




:e2flowers




...guess that happens coz i often do this...

:e2tongue:

:D
 
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C.bronco

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I subscribe to the Gene Simmons philosophy of marketing, and plan to supplement my writing income with gratuitous product associated with my works (action figures, video game, calendars, posters, bibs, barbeque covers etc.).
 

C.bronco

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barbeque covers?
Yes. They'll go nicely with The Haven cutlery and Iced Tea servers.
Am I over the top? Nah, can't be.

Wait, there will also be lunch boxes and plastic place settings, some nice plastic swords for the kids, soundtrack sales, pinatas ... now the wheels are turning.
 
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sunna

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Well hell, I guess I'd better cancel that ferrari I've got on order...
 

The Grift

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The ALCS is concerned that if writers' earnings continue to fall, it will be
hard to attract people to the profession.

Why do I think this won't be a problem?
 

ATP

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In reference to novelists, I have to take my hat off. Especially those souls who can manage to have the best of both worlds - high/important corporate positions, and still have the time to produce a novel or two. I am sure that they are in the minority - Bryce someone, the South African (?) author who works as an advertising company boss. Also the story
I heard about a woman working in the marketing department of one of the major publishing companies who wrote during her lunch breaks.Better yet was the story about one person in the corporate world, who actually took a 25% pay cut to be allowed to utilise a certain amount of time at work for writing the novel. Sure had an enlightened employer, he did... This ALCS report dramatically indicates that the examples I've given are the exceptions.
 

Jamesaritchie

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Rich

I wonder how J. K. Rowling would answer the question "Can becoming an author make you rich?"
 

MidnightMuse

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That just means that 40% do make a fortune.

MidnightMuse - planning to be at least in the top 30% (in her dreams) :D
 

Cindyh2k

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Man, all my efforts gone to waste! What to do now - take that job at McDonald's?
 

davids

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Well Ily since I have no job whatsoever I'm gonna have to figure out how to put deisel in the trawler I suppose-wait-my bank book just told me I was alright-whew-thought I was in big trouble there for a minutia-Auther Godfrey was well off was not he? If money be the goal then one might have a problem-if money is the result of-well-some of those young kids'll do just fine I should think-you as well if you get back to putting bloody pen to bloody paper-luv ya-Dave

Please ignore this post due to silliness and lack of poispicacious persnickiosity!
 

swvaughn

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It won't? Well, damn.

Guess I'll have to start learning to enjoy boiled maple leaves and pine needles, then. I was counting on money, here, and we're almost out of food...

:D
 

C.bronco

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It won't? Well, damn.

Guess I'll have to start learning to enjoy boiled maple leaves and pine needles, then. I was counting on money, here, and we're almost out of food...

:D
Remeber that guy who was famous for eating tree bark, plants, sticks and such? He died of stomach cancer. You're better off with a happy meal.
 
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