a boutique agency with a slight shoe fetish

Dealing with Royal(tie)s

crownLike all the other cool agents with blogs or on Twitter, I’m dealing with royal(tie)s. No dashing princes for me, these royalties, as you probably know already, are the accounting statements prepared by publishers that tell of the sales of an author’s book in the previous period. Right now, most of us are looking at statements for the six-month period ending on June 30th.

As always, it’s been interesting. I had an author’s book earn out in the first sales period, so they got a check immediately. In my head, I made a note to ask for more money for their next contract!

Another book was only on sale for about 7 weeks before the end of the period, but did really well in those few weeks. Yay!

At the same time, royalty period always reminds me that I’m a Word person, not a Numbers person. I imagine most authors would consider themselves Word people with me, but I’ve been wrong before. High school calculus was a class to be dreaded, particularly when my math major sister wasn’t home to help me with my homework. But at the same time, I get a certain thrill of satisfaction nw in making the numbers work for my business, and confirming that my authors are getting paid what they should.

What skill do you exercise now that you would have never imagined would be part of your skill set?

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