Jamison Stone liked an update for Sadie McGrady Runs for President

Sadie Fans,

We’re starting to line up fall book events in anticipation of the Sadie McGrady Runs for President book release on October 4th. I’ll be back in touch soon with a list of venues, in hopes that you’ll be able to save a date to celebrate with us. In the meantime, please use your social media to help parents and grandparents connect with this new article I wrote for Huffington Post: 5 Ways to Help Girls Build Leadership Skills. Thanks and #GoSadie!


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    You heard it here first: DARCY CONRAD

    One of best parts of being a hit author is getting to discover new talent. Allow me to introduce Inkshare’s funding author Darcy Conrad.

    [See all those Scott Pilgrim books on the book shelf? Cool, right?]

    While Darcy Conrad is not a science writer, she is one of the best YA (Young Adult) authors I have read all year. 

    In fact, I have not been so excited by a YA book since reading J.K. Rowling’s first Harry Potter book almost twenty years ago. If you think I am exaggerating in the slightest, read for yourself:

    Here are the first 9 chapters of The War of Wind and Moon.

    (Like audiobooks? Got you covered: Here are the first 9 chapters being read by author.)

    The world of The War of the Wind and Moon is an entirely new world and a whole new mythology. And right now you have the opportunity to say, "I knew about Darcy Conrad before the rest of the world." And if she’s anything like me, she will remember. 

    Here’s the link to back The War of the Wind and Moon. SPECIAL OFFER: Back this book and receive the uniquely eternal gratitude of supporting a new author before they hit big!

    That’s it. Here we go, Team! Keep up the good work and read on.

    Mike


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      Jamison Stone liked the forum thread, change in author royalties? when?
      @Luke Fellner Nothing of that sort had been conveyed to the authors. 

      The change in royalties structure was sent to the authors on a few occasions, but probably was made less apparent to yet-to-reach-funding authors unless you followed @Adam Gomolin or @Angela Melamud 
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      People who have liked this comment in the forum thread, change in author royalties? when?

        Jamison Stone liked the forum thread, change in author royalties? when?
        Thank you @Amanda Orneck for sharing that link, it answers my questions. Had I seen that rather than just stumbling upon new terms by chance without explanation on inkshares.com I think my reaction would have been very different. Even more so if I had know about the changes in advance/ participated in the process as it seems funded authors had.

        I liked Inkshares, and I still do but one of the things that drew me here in the first place was that this publisher was different, that they were more transparent. Now that I know more it seems that they were very much transparent and inclusive among a select group (funded authors) with these changes. And I get that it’s unreasonable to expand that group. How they went about these changes actually do fit within the framework of what attracted me in the first-place, so kudos to Inkshares for that. Though, the manner in which I discovered the changes colored my initial reaction.
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        People who have liked this comment in the forum thread, change in author royalties? when?

          Jamison Stone liked the forum thread, change in author royalties? when?
          @Luke Fellner if you have a link to the post maybe we can give you more information.  Inkshares is a sort of turn-on-a-dime company, and as such have made big changes to how they work throughout their existence. For instance, their original concept was closer to Kickstarter, where the authors would fulfill backer rewards, but it got to be such a hassle for the writers they changed formats fairly quickly from what I understand. My gut says that if you saw a thread talking about 250 and $20 a book, that’s the old discussion on what eventually became Quill because initially they were talking that ebooks would be $20 and paperback $30, which the community let them know was too hard on our supporters to sustain.

          @Darcy Conroy It’s totally valid to have concerns, and while the company is in this chrysalis stage it’s natural to wonder about all the changes, particularly if you came in during the midst of it. Many of the current stable of writers are just as trepidatious  as you are. No one likes changes, and we’re still waiting to see what everything looks like in the end. I honestly don’t anticipate the royalties dropping below 35% simply because at that point (as some have mentioned you’re getting much less than that since it’s a split of net profits) it just doesn’t make sense to stick with Inkshares. Adam mentioned in his email that they wanted to make sure their writers were still making double what they could at an old school publisher, and I think anything below 35% would put that in jeopardy. 

          My personal experience with the site is a little less brilliant than @Mike Mongo or @JF Dubeau . I have failed two campaigns and completed two, once of which was an anthology that won the last contest. The book that I succeeded with on my own only hit Quill funding (that 250 mark), but I did get the honor of being selected as a Sword & Laser collection book. I am more tied in with the writer community than the "excellent services" that Mike and JF have experience with. My little book is still in the editing phase, so I will probably land in the new version of Quill, whatever that will look like. But I’m sticking around for the authors I’ve met, and all I’ve learned from them. I have faith in what they are building here at Inkshares, but I am not so tied in that if the deal stops being good that I’ll still stay. Crowdfunding is rough business for introverts, and if I’m going to push past my social anxiety, it’s gotta be worth it.
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          People who have liked this comment in the forum thread, change in author royalties? when?

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            Jamison Stone liked the forum thread, change in author royalties? when?
            Thanks Amanda, 
            Reading that article was fantastic, certainly answered my questions and more - as @JF Dubeau noted, the company only owes us so much transparency and that is more than most would give, which is something I appreciate (especially when profit sharing, which makes sense and should be fair but also has a rough history in publishing and music!)

            I guess there will be quite a few of us who came in because of the G&S contest after the announcement of July 31st but before the ToS and Publishing Terms had been changed on the site (I came in an Aug 3 and got the old ones), so I only heard about the changes through other avenues, not here, which made it seem like a red flag. Had the ToS and Publishing Terms had the current numbers in place when I signed up, I would have still signed on (though I wouldn’t want to go any lower than 35%) even without reading that post by Adam (who I’m now following on Medium, so as not to miss anything else!) 

            Very happy to be moving forward and diving into this lovely community without continued concern. :D 
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              Jamison Stone liked the forum thread, change in author royalties? when?
              That’s a fair point @Darcy Conroy and I should have been more clear in my meaning for transparency. Giving accurate and up to date information regarding legal changes is imperative on Inkshares’ part. So far for my part things have gone mostly well in that sense. Whenever I’ve had a situation that required any kind of official response, it was treated quickly and clearly. I cannot speak for other people’s experience because I’m not aware of it, nor should I when it comes to the legal nitty-gritty. 

              The transparency I was referring to is mostly where the internal functioning and decision making of Inkshares comes into play. 
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                Jamison Stone liked the forum thread, change in author royalties? when?
                Just some quick facts on this change, just in case followers of the thread feel like their questions weren’t answered:
                1. The change to the royalty structure was announced on July 31st before the contest began.
                2. You can find a breakdown of this in Adam’s Medium article here.
                3. Work is still being done behind the scenes on what the new offerings will be for Quill authors, but for the moment our information is that Quill authors receive the same structure as fully funded Inkshares authors.
                4. Much of the basis for the royalty structure was based on information Inkshares gleaned through two surveys they sent to the authors who already have funded books, as well as a hangout they held to talk to their authors directly. 
                5. The royalty restructuring is a direct result of a change in leadership at the company that happened a few weeks ago. Former CEO Jeremy Thomas was replaced by current CEO Adam Gomolin. 
                6. The reason for the change to a profit-sharing model is explained in the article in detail, but can be summed up as: Sharing revenue was draining money from the company, so they are switching to sharing profit so that the costs of making a book are taken care of before either the company or the author receives money from a book.

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                People who have liked this comment in the forum thread, change in author royalties? when?

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