I've featured posts from Derek Canyon before, from his 'Adventures in e-Publishing' blog. Today he posted an article comparing his earnings for the year to a hypothetical traditional publishing contract, just to give us some analysis. As I've mentioned in previous posts, this kind of financial information being shown off is still relatively uncommon, so it's worth having a look.
I have a year’s worth of sales data to assess the results of my self-publishing efforts. I thought it would be a fun exercise to compare my actual self-publishing revenue results with a hypothetical legacy publishing contract. That is, assume that I could have gotten an agent and publisher.
No spoilers! I do note, however, that Derek has spent considerable funds on professional editing and other services. Remember this when you think self-publishing is a cheap alternative: if you want to look professional, it costs professional.
If you're interested in how it all balances out according to Derek, read the rest here: http://derekjcanyon.blogspot.com/2011/11/self-publishing-or-legacy-publishing.html