Posts Tagged ‘LLC’

Has it really been almost a month since I wrote here?

I should feel apologetic, but my lack of action here has not been due to lack of motivation or laziness. In fact, I’ve been very motivated, and rather active.

Pimping a book is hard work. And as you go along the process, you realize that writing the darn thing is barely half the battle. I’ve read on different author resource sites that many writers don’t want to get involved in the business aspect of putting their book out and selling it. The task is daunting, very involved, multifaceted and somewhat complex. Just looking for a quality editor took over three weeks. But I’m happy: the editor understood where I was coming from and combed through every word and sentence. I did not have any concerns over her quality of work because she had the experience.  I knew what kind of qualifications to look for because I had expert advice. Even if my book doesn’t make a dime, I can trust that manuscript will be in top shape.

Like I said, the process is multifaceted – I am approaching this as a business and brand, not a mere hobby.  Here’s the current stages and steps I have mapped out so far.

LLC

My LLC will be in the form of a self-publishing company. Why am I creating a company just to publish a book? Because there are costs: I need a cover designer, interior designer and marketing manager – the latter of the three the most expensive.  From my research, 5K seems to be what’s figured for startup costs. I don’t have 5K, nor do I see myself with the ability to save five-grand before the year is out. Funny thing is, the leader of the RichDadNYC group whose monthly meetings I attend says he didn’t have $5,000 either for the marketing of his book, and he owns more than a handful of rental properties and businesses throughout the country. So he had to get the money somewhere, and he’s a big believer of OPM (Other People’s Money). A business credit line is looking like a good idea.

Manuscript

Last Saturday, I submitted my manuscript to the Library of Congress for copyrighting. Next step is to find a proofreader to make sure my script is pristine. After that, I need to find a cover design and interior designer. Once those are done, then I will look at self-publishing options.

Blog

THE BLOG IS LIVE! THE BLOG IS LIVE!

It is my online home base for operations. The meat of the blog is the video entries, which I will do one per week. I also have a written blog section to talk about the progress of moving from manuscript to paperback/e-book.  It is also my beginning baby steps into the book’s marketing via building up a following.

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I was prepared to say that due to my book venture, and Chuck Spears pursuing his comic book blog, that this blog will take a hiatus. But Chuck Spears came through with a great Father’s Day post, so instead I’ll talk to him about whether to keep things going.

Til next time…