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Both potential customers and colleagues Ghostwriters are uncertain about Ghostwriting fees. Customers always want to know what the areas are. Colleagues Ghostwriters always feel that they are not loaded enough, or maybe she invites too much. It's all a mess.
I wish there would be more transparency in the fees Ghostwriter fee. Very few Ghostwriter I know the list fees on your websites. My own blog on Ghostwriting has recently been selected from food spot than one of the world's 40 best Ghostwriter blogs. I appreciate the honor. So I used this list to see if one of the top ghostwriter fees is listed on your websites. Nobody do.
I do. My website is very clear that my minimum fee for Ghostwriting is a book 50,000 US dollars. Does this statement correspond to potential customers with a budget of $ 45,000? I doubt it. What it did is to take off the number of calls and e-mails that I get from perspectives that are in any place in any place to set myself.
Advances and royalties
In addition to the write fee, Ghostwriters also want to know about indirect compensation. Here we talk about the Ghostwriter, who share the progress or license fees, if available, with the customer. I am very clear in this matter. I do not ask for a share in the advance or license fees. I realize that my write fee represents the total compensation I deserve. Progress and royalties go to the customer.
I think that's the cleanest way to do things. There are also short circuits a conversation that I really do not want to have. Some customers have the impression that Ghostwriters write the book without charge in anticipation, some or all expected progress and royalties. I am a business Ghostwriter. The model is not for me.
I know that some Ghostwriter are well with participation in the license fees. Some have become rich. (Think of Tony Schwartz, Donald Trumps Ghostwriter (Really Collaborator) on the art of Deal Ghostwriter Andrew Crofts.) These Ghostwriters usually work on celebrity books that sometimes produce far beyond a reasonable fee. And there is an argument that the sales release of license fees has oriented the long-term interests of the Ghostwriter and the customer.
Yes, risks that sometimes pay big. And early in my career I exchanged well by sharing license fees. But lately I am more comfortable to charge only one fee and allow the author to benefit from the license fees. As if I said, it is a cleaner model that avoids long-term financial apptiments.
Hope This discussion helps customers and Ghostwriter more informed discussions about fees and other compensation issues.
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