Myth: the pulps paid badly (and by badly I mean better than anybody today)

My previous post on the economics of writing short stories has generally been received in a way I was not expecting. Don’t get me wrong, I’m always overjoyed when someone reads my posts and comes to the conclusion that what needs to be done is to write MORE! That’s the spirit! But that’s not really what I thought was the most notable conclusion.

Perhaps I was being too timid and afraid of spelling it out, but there’s no need to hide it anymore: don’t try to make a living writing short stories, it’s impossible. The numbers simply don’t add up.

Of the examples I wrote, the only one who managed to get somewhat close to reasonable money was the guy who wrote more than a million words per year, never got distracted, barely ever rewrote or edited anything, and got more than half of his stories into magazine that paid, on average, 4 cents per word. Ah, yeah, and he had to publish between 72 and 110 or so short stories per year, and that just to get the equivalent of minimum wage in some Western countries.

Now, if you read that and you get all hyped up to write, by all means, do it, but don’t expect to make any serious money. Write because you love it or because it gives you a few extra hundred bucks from time to time, but that’s it. You are not going to make a living out of it, in fact, I’m not even sure there are enough pro-rate magazines out there to actually publish all the crap you’ll have to write just to be able to survive.

Continue reading “Myth: the pulps paid badly (and by badly I mean better than anybody today)”

From Somali dung catcher to King of the Hobos, how poor will you be as a writer?

My recent (a few hours ago, in fact) entry into an online group where the business side of writing is discussed has put me into an accounting mood. So I have been playing and running some numbers to come up with my (or yours) expected return as a short story writer. That’s the key concept here since novelists or self-published authors will have to come up with their own numeromantic equations to see how much they need to sell to not be ashamed of saying that they are writers.

It’s really not a complicated thing to calculate since the short story market is relatively open and static about key economic data. If you know their payment and rejection rates, you can improvise the rest.

Continue reading “From Somali dung catcher to King of the Hobos, how poor will you be as a writer?”