I am working on my first novel. It is ultimately about the formation of a new family, senior citizens who fall in love as they co-parent a little boy who has no one else in his life.
I am considering self-publishing it on Amazon, mostly because I am impatient, and would probably lose my mind waiting for a traditional publishing house to look it over and get back to me. Also because it is a book that does not fit neatly into any specific genre, so I am not sure which publisher I would even submit it to.
I did read a depressing statistic online somewhere: that the average number of books a self-published author sells is 250. So that's a bit discouraging.
All this background is presented ultimately to ask whether anyone here has self-published, and what your recommendations are about the process? I am a retiree, so am not desperate for income; I don't need to make my living as an author, although of course I would not refuse buckets of cash if they somehow came flowing my way...
I have self-published five books, three are still in print on amazon. The best success I had was selling about 800 of one title. Writing books is NOT a way to make money, unless you happen to have a big hit...which, of course, rarely happens. Besides that, only about 8% of Americans actually buy a book and read it in a year. The market is not all that large. Compare that to the number of Americans who stream a movie or a series on TV. The market is somewhere around 500x times books. SO...I quit writing books and began writing screenplays. Which is actually a lot more fun.
My first book was accepted by the first two publishers to whom I sent my transcript. What a surprise!
Read the fine print on your publishing contract. I only get a royalty when people buy my book from the publisher. It's half-price on Amazon. Goodbye, royalties.
Publishers massively overcharge to market your book. A waste of money.