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The Steve Laube Agency

Helping to Change the World…Word by Word

The Steve Laube Agency

The Steve Laube Agency

Helping to Change the World Word by Word

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Unreliable Statistics

By Tamela Hancock Murrayon January 19, 2017
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Facts can lie…depending on how that are presented or understood. Today I’ll keep this blog post focused on writers choosing a literary agent, based on one question.

When choosing a literary agent, authors need to make assessments. Some authors ask agents questions such as, “How many deals did you make last year?” or other questions requiring a response involving some sort of number.

Unfortunately for both writers and agents, even the best numbers don’t tell the whole story. For example, Agent A might have made 10 deals last month, whereas Agent B made one deal. So Agent A is more successful than Agent B, right?

But what if I told you that Agent A made ten deals for $10,000 each, while Agent B’s deal was for a $100,000 advance?

Now which agent is more successful?

If you are thinking, “I want to go with Agent B because his deals bring in more money,” that can be a valid response. But as a writer, are you in the league of an author who can demand a $100,000 advance? Authors at this point have usually worked extremely hard to gain this level of advance. If you are a newbie, this probably won’t happen for you, at least not right away. Perhaps you would be better off with the first agent making smaller deals.

Then again, the statistics might flip the next month, with Agent A making the bigger deal and Agent B achieving smaller deals. So now who’s the better agent?

And consider that, based on these simple facts alone, the writer doesn’t know the nuances of the deals. How many books were sold under each contract, for example? What if the $100,000 contract obligates the author to write ten books, while the $10,000 contracts obligate the author for one book each? (I don’t know of any author writing ten books for $10,000 each under one contract – this is just to keep the math simple.)

Please know that an agent cannot reveal contract details to other authors. Some publishers include confidentiality clauses in their contracts. Further, I advise my authors not to share their contract details. Those are too personal. Think about it: most Americans wouldn’t ask a doctor or dentist, “How much money do you make in a year?” So you will never know the nuances of other authors’ publishing contracts.

All this to say, don’t fall into the trap of using alluring and impressive statistics to make a crucial decision. They seldom, if ever, tell the whole story.

Your turn:

How valuable do you think statistics are when you make a decision?

What are some questions you would ask an agent?

Leave a Comment
Category: Agents, Book Business, Book Sales, CareerTag: Agents, Book Business

The Seeds of Great Ideas

By Karen Ballon January 18, 2017
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Thanks so much for sharing your tips and sources for ideas last week. What fun to read your thoughts and insights. I’d invite you all to review those comments from time to time, considering if one or more of them might not help you expand the ways you develop ideas. For today, though, I want to encourage you to give something a try, and that’s an Idea Journal. This isn’t a regular journal. It’s …

Read moreThe Seeds of Great Ideas
Category: CreativityTag: Creativity

Media Changes and The Writer

By Dan Balowon January 17, 2017
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The other day, a copy of the new Yellow Pages and phone directory was delivered to our house.  As I picked it up off the front step, I was reminded it has been years since I even looked at one. The recycling container has it now. I suppose I will regret tossing it if I lose internet access for a long time, or if I need to level a wobbly table, but the fact a Yellow Pages edition is still produced …

Read moreMedia Changes and The Writer
Category: Book Business, Marketing, Social Media, Technology, The Publishing Life, The Writing Life, TrendsTag: Book Business, Technology, The Publishing Life

Ask Me Anything – TeleSeminar Invitation

By Steve Laubeon January 16, 2017
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If you could ask me ANY question you wanted about writing or publishing for the Christian writer, what would your question be? Here is your chance. I will be the guest on a live  70 minute TeleSeminar hosted by Terry Whalin tomorrow, January 17th at 5pm Pacific / 8pm Eastern Time. The event is free. All you need to do is write your question at http://www.askstevelaube.com. In exchange for entering …

Read moreAsk Me Anything – TeleSeminar Invitation
Category: Get PublishedTag: Get Published

Fun Fridays – January 13, 2017

By Steve Laubeon January 13, 2017
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I have lived in Phoenix for 40 years. Winter has beautiful weather and brings visitors from the frozen north. But, as this weatherman discovered, sometimes it can get a little toasty in the desert. His reaction is priceless: HT: Vicki Crumpton

Read moreFun Fridays – January 13, 2017
Category: Fun Fridays

Should an Author Query by Phone?

By Tamela Hancock Murrayon January 12, 2017
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Recently I was asked by an author (not a client) if I could spend “ten minutes” talking on the phone about a book before I see the submission. I prefer to see the work first. Some questions may enter the author’s mind in response to that. Here are my answers. What’s the matter, are you too “busy” or snobby to talk to authors? No, I am not. In fact, I believe most people find time to do what they …

Read moreShould an Author Query by Phone?
Category: Book Proposals, Get Published, Pitch, Pitching, The Writing LifeTag: Agents, book proposals, pitch

Finding Great Book Ideas

By Karen Ballon January 11, 2017
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The beginning of a whole new year seems like a good time to think about new ideas. Specifically, new ideas for stories to write. We all have our favorite sources for new ideas. Some pull story ideas from breaking news stories, some from their own personal experiences or struggles, some from the lives of those they know, some from all of the above and more. Next week I’ll share some ways to spark …

Read moreFinding Great Book Ideas
Category: CreativityTag: Creativity

Guaranteed Time-Saving Tips for Social Media

By Dan Balowon January 10, 2017
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Written with tongue firmly planted in cheek… Managing your social media is a meaningless treadmill of work with no real purpose. While it seems to be one of the most efficient and effective ways to promote books and authors, really, who needs it? Sure, every publisher wants authors with strong social media numbers and self-published authors find it critical to their success, but other than …

Read moreGuaranteed Time-Saving Tips for Social Media
Category: Career, Marketing, Platform, Social Media, The Writing LifeTag: Marketing, Platform, Social Media

Will Your Author Website Disappear from Google Searches?

By Steve Laubeon January 9, 2017
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Last month we moved our website to a new host server. As part of the move we discovered that we needed to change the security for the site. If you look carefully at the URL when visiting the site you’ll notice that it now has “https” at the beginning instead of “http”. The “s” at the end indicates there is a level of security on the site that was not …

Read moreWill Your Author Website Disappear from Google Searches?
Category: Marketing, TechnologyTag: Author Websites, Google+, Technology

Fun Fridays – January 6, 2017

By Steve Laubeon January 6, 2017
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A perfect picture of how we should celebrate the new year! from the forthcoming book Great Dane Chronicles by Andy Seliverstoff. (Follow this link to see more photos from the book.)

Read moreFun Fridays – January 6, 2017
Category: Fun Fridays
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