Author Econ 101 (alas)

“New authors often have the misconception that they will sell a million books and be wealthy for the rest of their lives. But the book is just the beginning; authors shouldn’t put all their eggs in one basket—better to use the egg to hatch more golden egg-laying geese. One book can lead to a product line and multiple streams of residual income.”
Income Streams for Authors, by Irene Watson, SellingBooks.com, September 25, 2010

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