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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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Home » Book Business » Page 6

Book Business

A Is for Agent

By Steve Laubeon March 14, 2022
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If you are a writer, you’ve got it easy. When you say you are a writer, your audience lights up because they know what that means. (Their perception is that you sit around all day thinking profound thoughts. And that you are rich.)

If you are an editor, you’ve got it sort of easy. Your audience knows you work with words and all you do is sit around and read all day. In my editorial days I was often told, “I’d love to have your job.”

But tell someone you are a literary agent and there is a blink and a pause. If they don’t know the publishing industry, they think “insurance agent” or “real estate agent” or “secret agent.” Or if they follow sports or entertainment, they think “sleazy liar who makes deals and talks on the phone all day.” I resent people thinking that I talk on the phone all day. (Hah!)

Even at a writers conference, I always have someone ask, “What is it that you do?”

Dealmaker

An agent works on commission. Fifteen percent of the money earned in a contract they have sold to a publisher on behalf of a writer. We don’t get paid until you get paid. I will be bold and say that any prospective literary agent who asks you for money up front is someone you should stay away from.

This is the category that most people focus on when defining the role of the agent. But it is only one small facet of what we do. It is a myth that we are only dealmakers. It is how we earn our living but only a small part of our work.

Don’t get me wrong. This is a crucial part of what we do. Our contract negotiations are critical to the long-term health of the publishing/author relationship. I regularly teach a course at conferences called “Landmines in Your Book Contract.” Each time I read an “offending” contract clause, taken from actual contracts, there are gasps in the room. There is a good reason to have a professional review any book contract you are ready to sign.

Advice Columnist

I’m not referring to our blog but instead to the conversations (phone, email, face-to-face) we have with our clients. The industry can be confusing when you first begin exploring its nuances. There was a time in your writing life when you didn’t know the answers either. So back then, who did you ask for advice? But what about now after learning the basics? Now the questions are more complex, and the stakes are getting higher.

I can spend hours helping a client review their options. For example, there was a time when a major publisher shut down their entire fiction program; and we had a number of clients affected. Each one needed to have a full understanding of the implications for their situation and what to do next. Or another time a publishing company was sold, and a ton of issues were raised about the future.

We’ve had clients wonder how to best work with their particular editor, someone we’ve known for many years. Everything was smooth sailing because the writer asked the right person for advice.

Career Counselor

We often discuss plans for what should be in an author’s next book proposal. When to complete the proposal itself and what should be included: three books? one book? or a completely different idea because this one won’t work?

There are times where the author is deciding whether or not to try and sell their next idea to a different publisher, not their current one. Not necessarily because of dissatisfaction but because there had been multiple editors ask about their last work and we had been wondering if their enthusiasm would convert to stronger support at a different house.

The question of whether or not to indie publish as a hybrid author is a frequent discussion. Each situation is so unique that cookie-cutter answers are of little help to a particular author.

Idea Machine

I am not saying my ideas are good, only that I can have a lot of them.

Struggling with the title of your book? We could brainstorm a half dozen alternatives at least.

Stuck in your writing? I often have a client call and talk through their book to the place where they are stuck, and we come up with new ideas to break through.

Too many ideas in your head? I ask clients to send a “brain dump” of various storylines or book ideas. I can help decide which ones to shelve and which ones to present to their publisher next time around.

Sometimes just talking it through brings clarity to the author. It might not be my idea that worked;  simply having the conversation stimulated creativity. It is a lot of fun when that happens.

Friend

Let’s be careful with this one. By “friend” I mean someone who is much closer than a business acquaintance but not so close that we look forward to painting each other’s toenails. To use the cliche, I’m not your BFF. But I can certainly be that person in your writing world with whom you can share deeply.

With some clients, it is talking through a spiritual crisis. For others, a relationship breakdown. It can be the need to have someone know their health problem, one they don’t want publicly known. And even writers who are buried by self-doubt need to have someone they trust who can encourage them in the right way.

Some of these relationships do grow into wonderful, lifetime friendships. But make sure you keep your boundaries well set and your expectations reasonable.

10 Commandments for Working with Your Agent

If you haven’t read this list of ten commandments, please do so. (Just click the link above.) It is a fun way to look at the topic. It is one of our top ten most-read blogs ever.

Your Turn

Does this article create new questions for you? If so, ask them in the comments below. I might be able to answer them today or use them as fodder for new posts by one of us at the agency in the future.

(A version of this post was previously published in May 2013.)

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Category: Agents, Book Business, Book Business, Career, Creativity, E-Books, Legal Issues, Publishing A-Z, Writing CraftTag: Agent, Book Business, publishing

Amazon Closes Physical Bookstores

By Steve Laubeon March 7, 2022
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In case you missed the news last Wednesday, Amazon announced that they are closing their 24 physical bookstores in the US. In addition, they are closing 44 other popup stores and 4-Star locations, which are not bookstores. (Thus the number 68 that you may have heard cited.) They first opened a physical bookstore over six years ago in Seattle. Their list of locations in 12 states and D.C. can be …

Read moreAmazon Closes Physical Bookstores
Category: Book Business

D Is for Dispute Resolution

By Steve Laubeon February 21, 2022
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by Steve Laube

Pray that it never happens to you. But if there is a situation where you find yourself in a legal battle with your publisher regarding your book contract there are terms that will dictate how that disagreement is handled.

Here is one version from an old contract:
Any claim or dispute arising from or related to this Agreement shall be settled by mediation and, if …

Read moreD Is for Dispute Resolution
Category: Book Business, Contracts, Publishing A-ZTag: Book Business, Contracts, Disputes

Watch the Jargon

By Dan Balowon February 17, 2022
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In early 2018, a corporate consulting firm, Grant Thornton, did a detailed analysis of Fortune 500 company websites, press releases, and social media. What they found was not surprising, but still proved how the use of business jargon (commonly used phrases) pervades the corporate world. What was the most commonly used phrase by Fortune 500 companies? “Best in class” Rounding out the top ten most …

Read moreWatch the Jargon
Category: Book Business, Book Proposals, Branding, Marketing, Pitch, Pitching, The Writing Life

The Grand Canyon of Crossover Writing

By Dan Balowon January 27, 2022
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A number of Christian writers desire to write a book published by a large publisher focused beyond the Christian market. The motivation and focus are well-intentioned, amplifying a Christian message to the larger world. But while the author has this desire to reach a broader audience with a message of hope, companies that publish to the general population have an entirely different agenda, which …

Read moreThe Grand Canyon of Crossover Writing
Category: Book Business, Marketing, The Publishing Life

It Was a Year

By Bob Hostetleron January 13, 2022
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You thought everything would be “normal” by now, didn’t you? There’s a scene in the Mel Brooks classic film Young Frankenstein, in which Dr. Frankenstein (“Fronk-en-shteen”) discovers the brain his assistant supplied for the doctor’s grand experiment came from “Abby Someone.” “Abby who?” the doctor asks. “Abby … Normal,” comes the answer. That’s where we are, living in “Abby Normal” times. In …

Read moreIt Was a Year
Category: Book Business, Personal

A Year in Review: A Look at 2021

By Steve Laubeon January 10, 2022
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Every year at this time it can be strange to reflect on all that has happened over the past 12 months. I suspect that we all have a bit of selective memory and often forget to count our blessings. Instead, we target the difficult times. Why is that? I’ll do my best to recite a bit of both in this review of the past year. The IndustryWe spent the first quarter of 2021 waiting for things to “open …

Read moreA Year in Review: A Look at 2021
Category: Awards, Book Business, The Publishing Life, The Writing Life

Enclave Publishing Has Been Sold!

By Steve Laubeon December 6, 2021
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Enclave Publishing has been sold to Oasis Family Media! Many of you know of my love for the speculative fiction genre. Almost eight years ago, I purchased a small company called Marcher Lord Press and rebranded it as Enclave Publishing. Through many twists and turns, Enclave has been successfully positioned as a strong outlet for quality speculative fiction from authors with a Christian worldview. …

Read moreEnclave Publishing Has Been Sold!
Category: Book Business, News You Can Use, Personal, Publishing HistoryTag: Enclave Publishing, Publishing News

Hidden Retail Economics

By Steve Laubeon October 18, 2021
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I find the world of retail and bookselling economics fascinating. Doesn’t make for scintillating party conversations, but I digress. Below is a video that you should watch first as I have a few thoughts related to its content below the video. (If you cannot see the video in your newsletter feed, please visit the blog on our website where it is embedded.) This particular video is a few years …

Read moreHidden Retail Economics
Category: Book Business, Economics

The Secondary Market for Books: Friend or Foe?

By Tamela Hancock Murrayon September 15, 2021
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Understandably, most artists want to earn the highest royalties for their hard work. Remember how Garth Brooks wanted a secondary royalty on his music, thereby kicking off a feud with secondary-market retailers? (See the article linked here.)  So, as an author, do you feel that the secondary market is a friend or foe? I think this market is our friend. Here are a few reasons why: …

Read moreThe Secondary Market for Books: Friend or Foe?
Category: Book BusinessTag: Used Books
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