Today’s post comes to us from Bernadette Marie, Romance Author and founder of 5 Prince Publishing. Learn more about her here.
Regular posts will resume Monday. In the meantime, you can also read my “Author Spotlight” Interview on World Lit Cafe live today here.
There are always ways to get to where you want to go. Look at an Internet map. Plug in your destination and you will get multiple routes. You chose the one best for you. Becoming a publisher was the best for me.
Let’s start with why I even bothered.
I did my foot work. I put in my time. I sent queries (and I’d done so since I was 16 years old.) I pitched, took classes, had the critique partners…and so on and so on. And like many aspiring authors I was shot down often.
I take everything as learning experience! A “no” is just a stepping stone to the next level. The hardest part knowing what you’re supposed to change to get better.
Self-promotion has always come easy for me. So I began to do so as soon as I decided I was a serious author. I was approached by a publisher who wanted me. What a thrill! Well, let me get that out of the way…publishers do not seek out authors. Authors seek out publishers. Needless to say it was a bad business move.
After years of basically having my books held hostage and no royalties paid, I had to move on. With my experience as an entrepreneur I knew I could do this myself. I was right.
The purpose of 5 Prince Publishing was to give me an actual business to publish under. Yes, in 2011, the independent publisher and author was still not a fully accepted method of publishing. Here we sit in 2013 and the format is the way to go.
What I quickly found out was authors wanted to embrace the smaller houses and have more control over their work.
I certainly wasn’t ready or thinking of publishing others. However, authors didn’t want to hear that. They liked my format for my business and they wanted me to publish them. So I began to accept other authors.
Taking my business seriously, as I was doing, to be a 5 Prince Publishing author, you had to be willing to have an understanding of how small my company was, work with me through the growing pains, and of course you had to write a good book.
I made some mistakes. I helped some friends and that didn’t go so well. Now I don’t accept the books, someone else with a fresh look at it does that. I have a great team of editors and line editors and the submissions just fly in. Our cover artist is amazing. Our authors interactive in the big picture, understanding that every little it helps when you help each other.
In January 2014 5 Prince Publishing will turn three years old and will have over 60 titles in its catalog. I can’t say I ever saw it coming. We have multiple bestselling authors and revenue grows as we continue to learn this new frontier of publishing.