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- #221
BWFoster78
Myth Weaver
Everytime I see someone discuss ROI and writing, I scratch my head and wonder if and how they track their time.
I think of the time I've spent learning how to write as completely sunk costs. Similarly, I don't really think much about the amount of time I'm spending to produce a new work. Later in my career assuming I'm selling relatively consistently, those kinds of variable may very well enter into my considerations.
For the moment, I'm thinking:
I'm going to spend $150 and one week.
The week doesn't really count very much against me; it simply delays publication of another work by a week (which, at this stage of my career, is really almost a negligible consideration).
From a money standpoint: Conservatively, I'll make $14 per set for every reader who purchases books 2-4 of my to be written series. Selling 11 additional copies based on the changes I make is a positive ROI. Considering that I expect to put my book in the hands of over 2000 readers, I only need a .6% increase in sell through to make up that difference.
I get your point about time, though. Really, though, considering how many hours I've spent writing the book in the first place (I don't even want to speculate!), what's another 10 hours or so?