Financially, outside of marketing, how much have you invested in your serial?

Responses

  1. Tartra (Member)

    Posted 4 years ago

    :3 I just hired someone to illustrate one of my characters. I bought the copyright to the image, too! Fiverr: a great point of access to a huge number of talented artists, and fantastically affordable prices! Everything starts at $i.

    The Other Kind of Roommate — Like Fight Club meets X-Men meets The Matrix meets Superbad.
  2. Patrick Rochefort (Member)

    Posted 4 years ago

    About $500 so far, in between business licensing, business registration, Wordpress Premium, paying a CSS developer. etc.

    Sure looking forward to recouping some of that expense. :\

    From Winter's Ashes: A Detective with nothing left to lose, against a Necromancer with a world to gain.
  3. Chrysalis (Member)

    Posted 4 years ago

    Business licensing? :O Why would you need to do that for a Wordpress site?

    Anathema, a web serial about the effect superpowers would have on our world. http://anathemaserial.wordpress.com/
  4. Tartra (Member)

    Posted 4 years ago

    I'm curious, too. What's the business licensing for?

    The Other Kind of Roommate — Like Fight Club meets X-Men meets The Matrix meets Superbad.
  5. MaddiroseX (Member)

    Posted 4 years ago

    I'm assuming Patrick's business license is for selling books (and/or so that he can keep his writing finances separate from his personal, since he's hired CSS developers) not for the wordpress site itself.

    I have spent $210.59 in my writing career, but that covers both serial writing and the novellas I've published on Amazon. It includes the cost of art for covers, site domains (which I haven't used for writing yet but purchased for writing), site hosting (same, although I've used it as a dev site to test out Twisted Cogs site design), a mobile keyboard to type on the couch, and a silly mistake where I tested all of my 'donate' buttons by donating to myself without realizing that paypal would take its cut on each.

    I don't know whether this is part of the question or not, but despite the fact that I haven't yet started the actual money-making portion of my long-term writing plans, I've turned a profit on those $210.59 worth of expenses.

    Spurs & Seraphim (ongoing) | Beta Key (complete) | Twisted Cogs (complete) | Orbital Academy (complete)
  6. Alexander.Hollins (Member)

    Posted 4 years ago

    erm... 10 bucks per domain, 150-200 a year in hosting... had dreamfantastic 10 years. crap.

  7. Tempest (Member)

    Posted 4 years ago

    I spent nothing but time on my serial. The costs of my time are significant but as it didn't affect work, as I don't have paid employment, I have to say I'm in the black financially.

    I have toyed with the idea of spending money on marketing and site design, even the upgrade for wordpress but found that I can't justify it.
    For the ebook there are costs, although I have yet to pay them and they are coming out of the profits.

  8. Patrick Rochefort (Member)

    Posted 4 years ago

    >What's the business licensing for?

    In my home city, running *any* kind of business, home or otherwise, requires business licensing. Failing to have a business license means being fined, losing home insurance, so forth and so on.

    A *lot* of authors ignore this and think they'll fly under the radar, and then are surprised by the idea that bylaw enforcers might be able to use the internet too.

    From Winter's Ashes: A Detective with nothing left to lose, against a Necromancer with a world to gain.
  9. Tartra (Member)

    Posted 4 years ago

    @PatrickRochefort - So what's the defining line between a business and not-business? Monetization?

    The Other Kind of Roommate — Like Fight Club meets X-Men meets The Matrix meets Superbad.
  10. Patrick Rochefort (Member)

    Posted 4 years ago

    @Tartra Yep.

    From Winter's Ashes: A Detective with nothing left to lose, against a Necromancer with a world to gain.
  11. Chrysalis (Member)

    Posted 4 years ago

    That's a big risk to take, Patrick, especially so early on. The business license costs more than you'll probably ever make from the serial unless you're very lucky. I'd wait and see if you can gain a generous following before investing more. Most of us (with the exception of Wildbow and Maybe Alexandra Erin) have followings who read, but don't pay.

    I don't think the authorities would breathe down your neck and do an online investigation over a few dollars a month, either. If they did, then wow! That would be pretty shocking.

    I'm going to register a business before my ebooks go live. Those will hopefully earn me more than 5$ a month. :)

    Anathema, a web serial about the effect superpowers would have on our world. http://anathemaserial.wordpress.com/
  12. MaddiroseX (Member)

    Posted 4 years ago

    @Chrysalis: Wildbow and AE have a readership who pays enough to live on, but I know there are also some of us who get paid enough that we have to start thinking about the legal ramifications. At my current level I will legally have to report my writing on my taxes this year, and I would imagine, as you say, that the serial writers who publish ebook versions of their serials will have to be thinking about the legal ramifications even more!

    Personally I don't think there's anything wrong with putting money into a business license if you think you can handle it. More incentive to get those chapters out on time and at a good quality, and more reason not to give up on it!

    Spurs & Seraphim (ongoing) | Beta Key (complete) | Twisted Cogs (complete) | Orbital Academy (complete)
  13. Chrysalis (Member)

    Posted 4 years ago

    Yeah, I just wanted to say 'be prepared to possibly earn nothing at all'. It's easy to have high expectations after reading Wildbow's success story, and then get depressed by the following reality check. I see all those hopeful writers on Reddit and kboards who go 'omg why am I earning nothing!!! Do I suck??' and it makes me sad every time.

    Personally, I know I have to invest in an editor before I stand a chance of earning anything. The language barrier is killing me and my chances at earning a living with the serial. It's readable, but nowhere near the quality I produce when writing in German.

    Anathema, a web serial about the effect superpowers would have on our world. http://anathemaserial.wordpress.com/
  14. Alexander.Hollins (Member)

    Posted 4 years ago

    I'm curious where you are Patrick. Most places only require a city/county/state business licenses if you are selling things or services specifically in that area.