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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 » Writing Craft » Book Business » Page 4

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

B Is for Buy Back

By Steve Laubeon February 28, 2022
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by Steve Laube

Many authors are also speakers and as such usually have a book table in the back of the room where the audience can purchase a copy of their book during an event. This can be a very valuable source of income for the author if they have negotiated a “buy back” price (also known as the author’s discount) at the time of signing their book contract.

Check Your Contract …

Read moreB Is for Buy Back
Category: Book Business, Publishing A-ZTag: Author Buy Back, Author Purchases, Author Sales Tax, Book Business, Publishing A-Z

A Is for Advance

By Steve Laubeon November 22, 2021
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by Steve Laube

Whenever I lecture about money the room becomes unusually quiet. Instead of a common restlessness from listeners there is a thrumming impatience to reveal the punch line. The punch line that declares every writer will be rich.

Now that I have our attention let’s turn to the topic of the day. The Advance. This is defined as the money a publisher pays to the author in …

Read moreA Is for Advance
Category: Agency, Book Business, Publishing A-ZTag: advances, Book Business, Publishing A-Z

What to Do About Morals?

By Steve Laubeon November 8, 2021
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In a post written last weekend Richard Curtis, agent extraordinaire, expressed surprise at a new morality clause that has apparently appeared in HarperCollins' contracts. Read his post here [warning: there is some Adult content and comments included in the post].

What the general market doesn't realize is that many Faith-based publishers have had a "moral turpitude" clause in their contracts …

Read moreWhat to Do About Morals?
Category: Book Business, Contracts, Legal IssuesTag: Book Business, Contracts, Legal Issues

Always Be Curious (The ABCs of the Writing Life)

By Steve Laubeon October 4, 2021
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by Steve Laube

Depending on where you live and your school district policies you may already be in a back-to-school mode or preparing for it.

It got me to thinking about the need for all writers to always have a "back to school" mentality.

Here are five things we can learn from always going "back to school."

Read moreAlways Be Curious (The ABCs of the Writing Life)
Category: Book Business, Steve, Writing CraftTag: Book Business, Creativity, Writing Craft

Books, Hooks, and Good Looks

By Bob Hostetleron September 30, 2021
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I love hooks. As a writer, I work hard on my hooks. When I was a magazine editor, the hook was often the best way for a writer to make a good first impression on me. And now, for me as a literary agent, the hook is the first and one of the most important criteria I use in evaluating a book pitch, proposal, or manuscript. A good book hook will often prompt me to give a project a more careful, …

Read moreBooks, Hooks, and Good Looks
Category: Book Business, Book Proposals, Career, Get Published, Pitch, Pitching, Platform, Self-Publishing, Social Media, The Writing Life

God Gave Me This Blog Post

By Steve Laubeon September 27, 2021
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God gave me this blog post. By invoking divine inspiration, I have guaranteed that you will read this post and possibly give me money to read more. Sound like a stretch? Then what if I just wrote or said: “God spoke to me.”“I was led to write this.”“God revealed this to me.”“I have been called to write this.”“I believe this is an inspired post.” In the Christian publishing industry, editors, …

Read moreGod Gave Me This Blog Post
Category: Book Business, TheologyTag: Pitching, Theology

When Editorial Errors Matter

By Steve Laubeon September 20, 2021
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by Steve Laube

Writers make mistakes. It happens. Often an editor’s job is to be the safety net and catch those tidbits that find their way into an early draft of a manuscript for any number of reasons.

The simplicity of “cut & paste” has created more opportunity for error than ever before. I've seen half sentences left in their original place because the writer failed to cut and …

Read moreWhen Editorial Errors Matter
Category: Book Business, Craft, E-Books, Editing, Grammar, Steve, Writing CraftTag: Editing, Errors, Writing Craft

To Comma or Not to Comma?

By Steve Laubeon June 28, 2021
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I came across this entry in Eats, Shoots & Leaves by Lynne Truss. The book is a classic on punctuation. (Although based on British English usage, it is still a great book.) On his deathbed in April 1991, Graham Green corrected and signed a typed document which restricts access to his papers at Georgetown University. Or does it? The document, before correction, stated: “I, Graham Greene, …

Read moreTo Comma or Not to Comma?
Category: Book Business, Contracts, Grammar, Language, SteveTag: commas, Grammar, Language, punctuation

Ancient Wisdom from an Ancient Editor

By Steve Laubeon May 17, 2021
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by Steve Laube

I came across a remarkable section in a book written around 124 B.C. The editor of the book wrote the following preface to help the reader understand his methodology and purpose. It shows the concern a good editor has for the ultimate reader. His job was to abridge a massive five volume work into an abbreviated 16,00 word document. Can anyone tell me where this comes from and …

Read moreAncient Wisdom from an Ancient Editor
Category: Book Business, Craft, Editing, Grammar, Writing CraftTag: Editing, Wisdom, Writing Craft
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