Wednesday, April 08, 2009

Book deal

I just met today with the ad agency CEO who proposed I help him with his book. I'd spent quite a few hours going over his first few chapters, putting together comments and scoping out a role for myself, and in our two-hour meeting today I think it became clear that I'd have something to offer him.

So clear, in fact, that when I gave him two budget options, he chose the higher one. And doubled it. He also kind of doubled the work, so it makes sense, but still it was a surprise since I didn't have the slightest idea of what would be an acceptable number to him.

I spent a lot of time researching rates for book proofreaders, copyeditors, editors and so-called "book doctors." I had to make a lot of assumptions since I didn't really find a clear parallel. Most of the info out there is for works of fiction, which is different from this -- it's a basic business book, capturing the agency's approach/philosophy to branding.

I've long found the rates for editorial/journalistic-type writing very different from the rates I charge corporate clients. Like about one-tenth my going rate. I honestly don't know how they do it, without working 80 hours a week and living in Montana.

Anyway, most of the models I looked at assumed editing of a "finished" draft. In this case, I'm going to be working with him chapter-by-chapter, not only editing what's been done, but serving as a sounding board and counselor on shaping what's to come. So it's a pretty involved process. And, after today, it's even more involved. Beyond just giving my feedback, written and verbal, he wants me to actually do the edits.

Now I don't fancy myself a Book Editor in the Doubleday or Simon & Schuster sense. But I can write and edit, I know the subject matter, and I seem to be in sync with the author, so I can definitely get this book ready for showing to publishers. And hell, in the end it'll likely be self-published anyway.

There's even talk of giving me a credit, beyond the acknowledgements page. Not sure about that -- we'll see how it goes. Now I just have to give him the thumbs up on the budget. Which, I'm actually thinking of bumping up another 20% or so. Not to get greedy, but this is going to entail a good amount of work over the next 10 months.

1 comments:

sexywriter said...

Marketing types earn easily 10 times what journalists and editors do. Writing/editing in the publishing world is very poorly compensated, yet everybody and their brother wants to work in publishing despite the 100-hour weeks and slave wages. That's why most editors at the big publishing houses are rich kids with trust funds. You can't live on the pay.

If you want to make a living, I don't recommend becoming a writer. Only crazy people write for a living. Just ask me.