From author Dean Wesley Smith’s blog.
The slow writers in this new world of publishing are going to have trouble. Far more trouble than they had with traditional publishing only. We are in a new golden age of fiction. The first golden age was the pulp age. Speed of writing was celebrated in that time and it will be this time around as well.
. . . .
So the myth became solid by the middle of the last century that writing slow equals writing well and writing quickly equals writing poorly. (Forget how any thought to how the human brain works in creative mode. We won’t go there.) The writers who could spend more than fifteen minutes per day were punished for their drive and work ethic. And writers who were fast (meaning worked more hours) began hiding the fact and not talking about it in public and writing under many pen names we still see on the stands today. You know pen names like Max Brand, Kenneth Robinson, Elizabeth Peters, Barbara Michaels, and so many others. (No, not telling you my pen names, so don’t ask.)
. . . .
Now, in electronic publishing, is when things get ugly for the slow writer. Especially the slow writer trying to break into this business now, in 2011.
Same exact factors apply in traditional publishing and electronic publishing. Exactly. Only things are much, much tighter and hard to get into traditional publishing now as traditional publishers go through all this flux and upheaval.
For a writer to make any kind of decent money at indie-publishing, the author either has to have a lot of products selling at low levels, but regularly, or the author needs to hit it big like Amanda Hocking. And even she has more than one book.
. . . .
It would be rare, if not almost zero chance for a one-book-every-few years-author to make a living at indie publishing. Sure, you have to sell a lot fewer books in indie publishing to make nice money, but that’s still a lot of books for years every month with no support from other products. Not likely to happen would be a generous assessment.
An author with patience and the speed of two books per year can, over time, build up enough inventory to have enough of the reader feedback loops to make enough money indie-publishing. But that’s going to take five plus years at least to reach that ten book list. And even then the sales have to be pretty solid per book.
An author publishing four books per year can get ten books up within 2.5 years and more than likely at that pace, after twenty books or so in five years, be making a pretty fine living from just indie-publishing, even with lower per-book sales.
Link to the rest at The Writings and Opinions of Dean Wesley Smith