Ted Thompson’s first novel, The Land of Steady Habits, will hit stores in January. In his funny, honest essay for Salon, “I Sold My Book for $25,000,” he talks (a little) about the process and (a lot) about what he learned. It should be required reading for anybody new to the publishing game who’s got a novel in their head or hard drive and wants to know what awaits them.
Firstly, Thompson brings a well-needed slap of reality to new writers’ often starry-eyed wishes, particularly the notion among many writers and lovers of quality work that a book is only as good as its writing:
Subject matter matters … Once a manuscript leaves your desk, subject matter is the primary (and often only) way it is discussed. So if you haven’t figured out a quick way to answer that cringe-inducing question “What’s your book about?” in a way that interests other people, somebody else will.
Though you wouldn’t know it from hearing all the self-publishing fanatics (the Hugh Howey types who insist that self-publishing is the only way to go) foam at the mouth about elitist publishers, Thompson insists quite correctly that the average publisher wants to like your book:
Every book they publish, especially if it’s by a first-time writer, is a risk to them and their reputation, and it’s one they take because they personally responded to the book. This was a revelation to me, the fact that the grand faceless facade of New York publishing turned out to be a collection of surprisingly normal people, all of whom were looking to fall in love with a manuscript.
And lastly, a point that can’t be made enough: Don’t expect to strike it rich. Thompson signed with a major publisher and even sold some foreign rights. Still, he made about $75,000, and that’s before agent and other fees.
So, even if you’re one of the chosen few who actually gets published by one of the major houses, it’s probably wiser to splurge a little on a new laptop and a few weeks at a writer’s colony for the next book, and bank the rest. In other words: Don’t quit the day job.