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How Much Money Does An Author Make? | Kaleb Nation Official Website

How Much Money Does An Author Make?

by Kaleb Nation

Let’s talk about MONEY! Or rather, how much money does an author make?

http://www.youtube.com/watch?v=IdvoGdsvh84

One of the most common questions I get as an author is about my income. People don’t want to be rude, but if they dream of being a writer one day, it’s a very important question for their future career!

When it comes to an author’s income… the truth is, every author’s pay is different.

There are actually two ways that an author gets paid. When I finish writing a book, my agent takes it to publishers, and then the publishers offer what is called an advance.

An ADVANCE is a bit of money that the publisher is willing to pay up front to buy a book. The more copies the publishers think they can sell, the more money they’ll offer. For example, Stephenie Meyer got about $750,000 for the first three Twilight books. That was a little unusual. Most advances are smaller.

Her publishers knew those books would sell, so they knew they could offer a lot. But publishers don’t always predict correctly, because JK Rowling only got about $4000 for the first Harry Potter book.

Book deals can go anywhere from nothing into the millions of dollars. But that’s only the first way an author makes money.

If JK Rowling only got $4000 for Harry Potter, she’d ACTUALLY be writing on napkins by now, or so unfathomably depressed she’d have given up writing altogether. Which would leave us in a strange, sans-Potter world.

Authors also get paid what are called ROYALTIES, which means that for every book sold, a writer gets a little bit of money. It’s usually about 10% of the price, so if a book sells for $20, the author gets $2.

When you have something like Harry Potter, which has now sold over 450 million copies, that math comes out to… a little more than $4000.

The catch is that before an author gets a royalty check, they have to earn back their advance check. So before JK Rowling got paid any more, she had to earn back $4000 worth of book royalties, which probably didn’t take very long. But before Stephenie Meyer got paid any more, she had to earn back $750,000 worth of book royalties… which probably didn’t take that long either.

So really, the way an author makes money is by what you do. If you buy a book you like, and tell your friends about it, and then they go buy it, pretty soon thousands of people are buying the book… and we can pay the rent!

Book deals announced through Publishers Marketplace will sometimes tell which category the sale was in. They’re reported this way:

“nice deal” $1 – $49,000

“very nice deal” $50,000 – $99,000

“good deal” $100,000 – $250,000

“significant deal” $251,000 – $499,000

“major deal” $500,000 and up

That way people know how much a publisher paid for the book, without saying exactly how much money was offered in the advance!

If you enjoyed this post, check out my novel HARKEN! While we’re talking about authors making money… maybe you should buy it ;)

468 thoughts on “How Much Money Does An Author Make?

  1. OMGs! Hey Kaleb, would be GREAT if you design a nav path on publishing a book. Something like a chart with great advice on HOW TO WALK the path of the publishing world with squares and circles and arrows and all that nav stuff.

    Blessings,
    E. R. Dragonleaf

  2. [..YouTube..] Loved this video! Seaming as though I am planning to go into the writing career myself, it was nice to learn how much writers actually get paid. I still haven’t seen one of your books in stores yet, but when I do it will make my day :D

  3. . Loved this video! Seaming as though I am planning to go into the writing career myself, it was nice to learn how much writers actually get paid. I still haven’t seen one of your books in stores yet, but when I do it will make my day :D

  4. Loved this video! Seaming as though I am planning to go into the writing career myself, it was nice to learn how much writers actually get paid. I still haven’t seen one of your books in stores yet, but when I do it will make my day :D

  5. [..YouTube..] Why do you hate the Queen of all writing?? She WOULD NOT be writing on napkins! Yes, the movies are over, but the books, still make thousands a month! So stuff it, or you lose a subscriber! HA

  6. . Why do you hate the Queen of all writing?? She WOULD NOT be writing on napkins! Yes, the movies are over, but the books, still make thousands a month! So stuff it, or you lose a subscriber! HA

  7. Why do you hate the Queen of all writing?? She WOULD NOT be writing on napkins! Yes, the movies are over, but the books, still make thousands a month! So stuff it, or you lose a subscriber! HA

  8. [..YouTube..] @kalebnation Dear Kaleb, I am a writer, too, and I want to sell my book. It’s just that I need to edit it, and I don’t necessarily have the money for it. Is it possible for the publishers to give you the advancement before the books is shipped out, so that way you can pay for editing services, etc. etc. etc., and then earn the royalties? Once again, just completely curious.

  9. . @kalebnation Dear Kaleb, I am a writer, too, and I want to sell my book. It’s just that I need to edit it, and I don’t necessarily have the money for it. Is it possible for the publishers to give you the advancement before the books is shipped out, so that way you can pay for editing services, etc. etc. etc., and then earn the royalties? Once again, just completely curious.

  10. @kalebnation Dear Kaleb, I am a writer, too, and I want to sell my book. It’s just that I need to edit it, and I don’t necessarily have the money for it. Is it possible for the publishers to give you the advancement before the books is shipped out, so that way you can pay for editing services, etc. etc. etc., and then earn the royalties? Once again, just completely curious.

  11. First off, I love your videos!
    I started a book when I was in 9th grade (im 21 now) and someday I wish i could publish it. Im not done with it yet… I had a question; How did you find a publisher for your book? Do you just kinda send it in to many different ones and hope for the best? Do they help you edit it if they like it? Does it cost money to send it to them?

  12. First off, I love your videos!
    I started a book when I was in 9th grade (im 21 now) and someday I wish i could publish it. Im not done with it yet… I had a question; How did you find a publisher for your book? Do you just kinda send it in to many different ones and hope for the best? Do they help you edit it if they like it? Does it cost money to send it to them?

  13. I am TRYING to write a book aswel, though I probably won’t have much luck considering i’m an unexperinced twelve year old writer. Ha, if you thought i was gonna give up that easy then YOUR COMPLETELY WRONG! my goal is to be a famous writer like J.K Roling,just skip the next part i’ve heard it before, “oh shayna your complete;y mad you cant possably do that” blah blah. you really think thats gonna stop me? YOU CRACK ME UP! Just wait, i’ll be there someday not a person in the worlds gonna stop me

  14. I wanted to write my last comment better and longer, but it passed the limit of how long you can make comment. you’ll just have to live with that poorly wrtten comment below Kaleb. I’m truely sorry. :( I wish I could’ve showed you how much potenchle I REALLY have, besides my spelling of course. :P I’m talking about the other comment by me, it should be the one below this one. If you even read this, that is.

  15. @moviemakerkaleb yes, this actually happened. It was bizarre. I was sitting at the desk waiting for the manager to come back with keys to show me an apartment model, and the guy just wandered behind me and whispered it all to me.

  16. yes, this actually happened. It was bizarre. I was sitting at the desk waiting for the manager to come back with keys to show me an apartment model, and the guy just wandered behind me and whispered it all to me.

  17. @moviemakerkaleb yes, this actually happened. It was bizarre. I was sitting
    at the desk waiting for the manager to come back with keys to show me an
    apartment model, and the guy just wandered behind me and whispered it all
    to me.

  18. Well, that was entertaining. Thanks. You know, they don’t teach you that stuff in college. Maybe because none of the Professors have actually had any of their works published. *snark*

  19. @maddie12ish Think of it as like the publishers giving you a certain amount in royalties before you actually earn any (a loan, if you will). To get more, you have to pay back what you were given, only you’re not really paying out of pocket, you’re just not getting paid anything from the publishers until such a time as what royalties you would have been paid equal what you were paid upfront (the advance). Then you get your royalties.

  20. Think of it as like the publishers giving you a certain amount in royalties before you actually earn any (a loan, if you will). To get more, you have to pay back what you were given, only you’re not really paying out of pocket, you’re just not getting paid anything from the publishers until such a time as what royalties you would have been paid equal what you were paid upfront (the advance). Then you get your royalties.

  21. @maddie12ish He means that if you are given $4000.00 for the publishing rights to your book, you must sell enough books to cover that before they give you anymore money. So, if you were making 13% royalty per book sold (this is, I believe, astronomically high) and your book was selling for ten dollars, you would have to sell 3076 books before you would start to see a royalty cheque in the mail.

  22. He means that if you are given $4000.00 for the publishing rights to your book, you must sell enough books to cover that before they give you anymore money. So, if you were making 13% royalty per book sold (this is, I believe, astronomically high) and your book was selling for ten dollars, you would have to sell 3076 books before you would start to see a royalty cheque in the mail.

  23. Do you hate that I got your book from the library? It’s kind of like I pirated it. Except in this case it’s okay, even encouraged. I would likely have bought it except I’m so poor that I’m eating dirt for dinner. I’m not really eating dirt for dinner. But I’m poor enough that I could get away with it.

  24. @kalebnation That same sort of thing happened when I was moving into an apartment in Toronto, except I already had it rented and I was moving my stuff up. I was then told that I should just not make eye contact with anyone and get out ASAP. I slept like a rock that night. Rocks don’t sleep so I’m not even being sarcastic.

  25. That same sort of thing happened when I was moving into an apartment in Toronto, except I already had it rented and I was moving my stuff up. I was then told that I should just not make eye contact with anyone and get out ASAP. I slept like a rock that night. Rocks don’t sleep so I’m not even being sarcastic.

  26. Hello! Anyone tried the Undercover Cash System (search on google)? Ive hear some unbelievable things about it and my buddy made lots of money with it(:

  27. It still surprises me, how lots of people don’t know about Monezilax System (do a google search), even though many people make huge amounts of money online with this system. Thanks to my buddy who told me about Monezilax System, I’ve start making some BIG Cash from the internet.

  28. LMAO! That is nice thank u, however nearly eveyone (including myself) are getting huge dollar from the comfort of their own home by completing simple quesstions @ surveybucks,net!! =)

  29. Something about the author (aka the person who has spent days, months, and even years writing the stories that, if not for them, wouldn’t exist to make *anyone* money, and whose very mind and imagination are within the pages) only getting 10% of each book (which, once again, *they* wrote) seems just a bit unfair to me. Of course, I’m no expert on the matter, but I believe the author should just maybe get a little bit more than 10%. After all, they did write 100% of the book. :)

  30. I have really enjoyed this video. I am working on my first novel and I have an outline for the first nine chapters written and ready to go. My problem is that I am having trouble writing the first paragraph to get my readers immersed in my novel. Do you have any idea on how I can go about doing this?

  31. Hi there, have you heard of the Zerlux Cash Code (do a google search)? There are these amazing methods that teach you how to make more money on the internet with your computer.

  32. Hey Kaleb, I am sure you wont see this but I have a question.
    How did Stephanie’s and Jo’s(J.K.) books become so popular so quickly? Stephanie was a first time author and her book sales blew threw the roof. I want to be an author but I dont want to be published and not read. From- A want to be author who really wants to know how to be successful in the writing world.

  33. Hey guys! Have you heard about the Undercover Cash System (search on google)? Ive heard some extraordinary stuff about it and my co-worker made ton of cash with it!

  34. I plan to get your books as soon as I make the move from Michigan to Minnesota at the beginning of next month. I understand the pains of trying to find an apartment. It seems that as soon as my boyfriend and I find a great and cheap one, something comes up that makes it a no-go. Also, I love your videos, you’re hilarious and fun.

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  87. Hey all, the moment I told my friends that I was going to go make money online, they teased me. But later I showed them my cash flow. Go and Google “Phantom Cash System” to discover simple methods to make money online.

  88. Hello there, at the time I told my girlfriend that I was going to go earn cash online, they teased me. But shortly I showed them my cash flow. Go and Google “Tube Cash Exposure” to check out the best ways to make money online.

  89. You are so inspiring to young authors like me, you show us that even the
    young people can make a difference and entertain thousands. :)

  90. How does someone go about getting a book published? I have a manuscript of my autobiography. PLUS, someday I hope to write a wonderful and imaginative fantasy world such as Middle Earth or Hogwarts!

  91. Hay Kaleb I am wondering you said you have an “agent.” I am a little young to be looking into getting books published Im only 14 but I am curious how does one go about getting an Agent
    THANKS A MILLION

  92. Hay Kaleb I am wondering you said you have an “agent.” I am a little young to be looking into getting books published Im only 14 but I am curious how does one go about getting an Agent
    THANKS A MILLION

  93. Hay Kaleb I am wondering you said you have an “agent.” I am a little young
    to be looking into getting books published Im only 14 but I am curious how
    does one go about getting an Agent THANKS A MILLION

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  97. I publish through Lulu.com. And yeah, the dough sucks. (as in, I have never gotten a single penny in the 10 years I’ve been writing.) It’s even worse then the minimum wage I make at K-Mart, which is really sad.

  98. How’d you find out making money that way? It sounds awesome, but Sweet Profit Secrets changed my luck. When I discovered it I began making money online within 60 days. Just google the phrase Sweet Profit Secrets… it’s pretty sweet :).

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  103. Hi! Thanks for this useful video. By the way, I hear a lot of people keep on talking about Monezilax System (just google it), but I’m not sure if it is really good. Have you considered Monezilax System? I’ve heard many incredible things about it and my mate earn lots of money with it, but he refuses to tell me: (

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  106. Look. Nice video! But hands down the easiest method to make money online is with Online Cash Affix. Just search for it on Google. Don’t miss out.

  107. You are a huge inspiration Kaleb! Ever since I found your rants and your book videos I’ve been writing so, Thank You!

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  110. Pretty good. I’ve never earnt an income like this, I just earn money from using Monthly Bill Nutshell (search for it on Google).

  111. Hi, Anyone found out about the Rapid Cash Fortune? (do a Google Search) Ive heard many awesome stuff about it and my neighbor made plenty of money with it!

  112. Thank you
    I have just started wrighting and Iv been wondering how to make money off of it. Now I know.
    Thank you.

  113. I’m not going to lie. I’m 29 and I write decent. Just for fun but one day somebody told me I should write for a living. I thought to myself: “Fuck that! I’m not a writer.” But, I do it for a hobby. Now, its’ grown on me. I’ve been looking at hourly pay and per word pay. All I can say is, HOLY SHIT! Writers make damn good money and I think the skill of writing is dying. One easy yet valuable way to market yourself as a writer. What can they do? Say NO! Who cares. KNOW YOUR WORTH

  114. I’m not going to lie. I’m 29 and I write decent. Just for fun but one day somebody told me I should write for a living. I thought to myself: “Fuck that! I’m not a writer.” But, I do it for a hobby. Now, its’ grown on me. I’ve been looking at hourly pay and per word pay. All I can say is, HOLY SHIT! Writers make damn good money and I think the skill of writing is dying. One easy yet valuable way to market yourself as a writer. What can they do? Say NO! Who cares. KNOW YOUR WORTH

  115. I actually am in the middle stage of finishing my best seller which is called (CONFIDENTIAL) and has an epic storyline I hope it will be finished by December 20-28 (MISSING OUT CHRISTMAS EVE AND CHRISTMAS DAY)

  116. I have this awesome idea for a book but I don’t know how to translate it into a book and I’m only 12 so I’m not sure I’d be able to publish and I have no idea how to write a book anyway but I know I that the idea has so much potential and could definitely sell if it was done right but I’m just a skinny little 12 year who can’t write and publish a book so there’s a good idea wasted…

  117. Oh, cool! You’re a writer! I’m a writer too! I wrote a book and managed to get it published, but I didn’t have an agent so the book didn’t sell well. Add also the fact that I live in the middle of nowhere, I have no money, and I’m blind so I can’t drive! Yeah, me as an author is NOT going to work out! In other words, my life sucks! :(

  118. Very reasonable answer, Kaleb. I’ve wondered about that as well since it’s been my dream since… well a long time, to become published and I’ve followed your videos before they usually give me inspiration to keep on writing. It’s fascinating the difference between Meyer’s advance and Rowling’s advance based on the time of the original book and what was popular at the time. Interesting. Anyways, hope all is well with you and you’re welcome for the $2 (jk, keep on writing!)

  119. I always wanted to know how a writer gets paid, but by being a writer I try to put most of my focus on the subject at hand; which are my books

  120. im 16 and quit school and whant to start writing books (im form sweden bad english) and and im wondering if you could live of just making books i have a shit ton of free time now so i can write all day long non stop

  121. *sighs* I am so fed up with these types of questions. Look, just because I’m blind does not mean I’m not able to see. I can see out of my right eye, but not my left. Simple as that.

  122. So… if I got a book published with and advance of £2000, stores would have to sell £2000 worth of the books before I got a royalty? Is that right?

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