July 13, 2011
For someone starting a business, it’s possible to do it alone, but it’s easier with help. There are limits to what you know, limits to how much you can get done, and limits to where it’s valuable to spend your time. Tech companies typically start with someone who knows how to make the product (i.e., Wozniak) and someone who knows how to sell it (i.e., Jobs). In traditional publishing, the co-founder is similar to the agent or acquiring editor. You, the author, create the product, the others know how to sell it. They’re more than just a hired sales force [...]
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July 8, 2011
When startups talk with investors, one of the main questions they have to answer is “What problem are you trying to solve?”. It tells investors about the startup’s understanding of the market, the size of the opportunity they want to chase, and their ability to communicate with potential customers about how a new product or service can be helpful. In short, it gives an investor a summary of the startup’s potential. Writers have plenty of good (and bad) reasons to go indie. Money, control, and opportunities which might not exist in traditional publishing are easy to identify. But indie publishing [...]
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