Showing posts with label math. Show all posts
Showing posts with label math. Show all posts

Saturday, March 19, 2011

Math(s) All Up In Yo' Grillz

Here is my formula for success.

Success = (12YIH) + X

Where:
Y = progressive year of YA series
IH = static representation of Icarus Helix or "1"
X = non-related works
Success = result in top 100

For example, 6 months into the IH series, assuming no other work:
Success = 12 (1/2 * 1) + 1 (Shackled)
Success = 12 (.5) + 1
Success = 6 + 1
Success = 7
Therefore: After 6 months, Success can be measured by 7 works in the top 100.

Example: 2 years IH and 5 other completed works:
Success = 12 (2 * 1) + (1 + 5)
Success = (12 * 2) + 6
Success = 24 + 6
Success = 30
Therefore: After 2 years and 5 other works, Success can be measured by 30 works in the top 100

Haha, yeah right :)

But I do have a dream one day that IH will be a popular series. I'd like to see the new one come out, then replace the one before it in the top 100 ranking. That would be truly fabulous.

If you're wondering where to begin with the IH series, begin with it's current offering, Season 1, Episode 1 "Cheat". It's only $.99 and worth a try. After all, I just did all that math(s) for you! (And for "Success" to become a reality, it has to start with some kind consumers!) :D

Smiles!~

Friday, February 4, 2011

Rock Out With $$$ (Can I Get a Self-Pubbed WHOOP WHOOP!!)

I am a math(s) geek and probably always will be. I love numbers and how factual they are. Like any good scientist (yes, I also loves me the science), I pithily say, "The numbers don't lie!" If your math(s) are right, you have your answer!

So.

The fact is that I am in a situation where $600/month (600*12 = $7,200/year) is an adequate income for me. I understand I am lucky in a few regards:

1. I live with my fiance who only requires I pay my own bills and stock the house with food. (No rent.)
2. My car payment is less than $188/month. (Rock on Riley, I love my 2006 Chevy Aveo!)
3. I sent home most of my income while I taught in Japan - thus paying down my bills more than average.
4. I am smart with money (AND MATH(s)!)
5. I have implemented the Snowball Effect as pertains to bills, so I am ahead of the curve.

I am planning on selling my current WIP for $3.99. Let's round my royalties from that to a nice number - $2.50.

At $600 needed a month, in increments of $2.50 payments:
600/2.50 = 240 books a month must be sold
Per year:
7200/2.50 = 2880 books a year.

My goal is to sell 1000 books by December 15th, 2011 (of my current WIP). I expect to have at least 1 other book completed and up for sale before then.

If I assume 3/4ths of my sales will be from Book 1 (based solely on the fact that it will be sold longer):
.75*2880 = 2,160 books will have to be Book 1.

Hmm, that's still higher my 1,000 goal.

But, if I make my goal to sell 1k of Book 1, and produce 2 books, I can break it down closer to something like this:
Book 1: 1000
Book 2: 700
Book 3: 400
Total: 2100... getting a lot closer to providing for myself!!

This also assumes a continuous $3.99 price point for all three. That may not necessarily be the case, in which, I will have shorter works but probably more of them. So, if I were to say:
Book 1: 1000
Prjct2: 700 (at $2.99 ~ @1.75/book)
Prjct3: 400
Prjct4: 100
Total $: ((1000*2.5)+[(700+400+100)*1.75]=$4,600/year. That's more than halfway to my goal :)

I don't know what I'll write this year, or how fast I'll write. I don't know how good the ideas that come to me will be (but I pledge to discard the lame ones). I think it would be a shame if I couldn't produce one more book this year, awesome if I could produce 2 and amazing if I could do more, and still have the level of quality I expect from myself.

From my random math(s) ramblings, I believe I could be self-sustainable within 2 years.

I would like that very much :)

Addendum:
Robin Sullivan posted this insight over in the comments of Konrath's blog:
1 book - 10 / month
2 books - 50-60 / month
3 books - 200-400 / month
4 books - 1,000 / month
5 books - 10,000 / month

So, according to that, if I have 3 good books out, my theory holds pretty true! Two years ahoy!