Last week Jay Cross wrote:
"Two years ago I finished writing Informal Learning, Rediscovering the Natural Pathways that Inspire Innovation and Performance. Then my publisher took a year to produce it! Snails on valium move faster. Foot dragging does no one any good. Besides, as an author, I resent doing most of the work but receiving only ten percent of the revenue."
As a reaction to this, Jay is experimenting with selling his work directly, as PDFs for download. The first example, Learning is strictly business, is available now for just $8. This might not seem much, but I bet it exceeds the royalties Jay would have received from sales of one of his books.
I have a similar view to Jay. I've talked to many authors of professional books and have yet to find anyone who's made enough money back to repay the time they put in. At least not directly - of course an author can stand to benefit in other ways from the reflected glory, perhaps in terms of consulting or speaking fees. In the meantime, publishers get a very good deal - you do the work, they take the cash. I know publishers take a risk on printing and marketing, but they must do reasonably well or they wouldn't be in business. The situation is of course the same with conferences. Only the keynote speakers get paid. Everyone else is doing their bit as a form of self-promotion (or as a way to get admission to the rest of the event for free). Even though I've participated in this game for decades, it still doesn't seem quite right to me.
I've had a simple rule for years now and it works. If you want to pay me to write or speak, you can influence what I say (within reason). If you don't pay, then I'll communicate on topics of my choice, in my way. Seems fair.
Anyway, I paid my $8 and downloaded Learning is strictly business. At 4400 words it's quick to get through, which almost definitely suits most readers much more than the typical book. You have to wonder whether the conventional format for a professional book, 200 pages plus, has evolved purely for the convenience of publishers and retailers. Surely not every topic justifies this much depth. Somewhere between an article and a book must lie a vehicle for expressing great ideas more succinctly and in a much more timely fashion. Jay's mini-book is in this category. I got value for money from these quotes alone:
"Training managers and line managers must both unlearn the thought that corporate learning is like a school. It's not. School is a terribly inefficient way to learn, but that's another story. By and large, corporate classrooms and workshops are dead."
"Successful organisations connect people. Learning is social. We learn from, by and with other people. Conversation, storytelling and observation are great ways to learn, but they aren't things you do by yourself."
Um, wait a second. Are you saying you didn't know this before, that...
ReplyDelete"Training managers and line managers must both unlearn the thought that corporate learning is like a school. It's not. School is a terribly inefficient way to learn, but that's another story. By and large, corporate classrooms and workshops are dead."
"Successful organisations connect people. Learning is social. We learn from, by and with other people. Conversation, storytelling and observation are great ways to learn, but they aren't things you do by yourself."
Of course, you did know these things!
So - in what sense did you get 'value for money' out of Jay's publication?
Good point, but sometimes what gives me pleasure is not what someone says but how they say it. Jay is very quotable.
ReplyDeleteClive,
ReplyDeleteThe entire publishing supply chain is a strange animal. The authors make the least amount of money, have little influence on the marketing of thier materials and, in some cases, don't even own the copyright to their work.
Much is the same in the conference world, not sure if it is a good thing to play along or not...although I play along writing and speaking at conferences.
I guess the issue is distribution. The main attraction of pre-packaged conferences and book publishers is that it seems like they have access to a distribution network to spread the materials far and wide but I think that is changing and just as the music business had to rethink distribution, at somepoint publishing will as well. If more people start to do what Jay is doing, it will certainly begin to change.
Thanks for your interest. Given the results thus far (10 copies sold!), I plan to continue the experiment.
ReplyDeleteWhat made this feasible, by the way, is my ISP offering a service called Files Forever. All I have to do is upload a file, pay a minimal fee, and tell people where to go to get the file. The service does the collections, distribution of passwords, lookout for abuse, etc., for which they receive a buck per transaction.
I'll document this further in a future post.
Up the revolution!
jay
Chaps - the hell with PDF's. Clunky, glitchy and prone to freezing. Get yourselves over to Lulu.com (or one of the equivalents - there are a few) and publish these as proper books. They do the printing - as and when someone orders one.
ReplyDeleteIn defense of publishers...
ReplyDeleteA friend of mine is a publishing agent who represents a number of writers. I'm always amazed when I hear how low the royalties are for these authors by large publishing firms; typically about $2 on a $20 book.
At the risk of sounding like I'm making a marketing pitch, (which I'm not), not all publishing companies provide such a bad deal.
Brandon Hall Research pays outside analysts a 30% royalty on the sale of their reports. In addition, we pay authors a percentage of the sale of Research Library subscriptions, which provide customers with access to all our research. This typically comes out to about 7%, bringing the total compensation to 37%.
Does this still sound unfair? Please consider we then absorb the costs of editing, formatting, graphic design for a cover, marketing, and customer service related to the publication.
We'd love to provide writers with even more of the revenues. So, we're looking for ways to lower our costs to provide this.
Jay: you mention you have sold eight copies of your book so far. I'm quite certain that the revenues to you would be significantly greater had you published your book through a firm with a large readership of learning professionals.