* Experience: New authors earn less than established ones.
* Genre: Some nonfiction niches are more lucrative than others.
* Book Sales: A bestselling book can make a lot of money, while a less popular one brings in much less.
* Royalties: Authors usually get a percentage of book sales, which varies by publisher and contract.
* Other Income Streams: Some authors make money from speaking engagements, courses, or consulting.
Here's a general breakdown:
* New authors: Often make very little, sometimes nothing at all in the first few years. They may even lose money initially due to upfront costs.
* Mid-level authors: Can earn a modest income, perhaps enough to cover living expenses, but likely not a full-time living.
* Successful authors: Those with several bestselling books can earn a substantial income, potentially six figures or more per year.
Remember:
* Most nonfiction authors have other sources of income.
* Many successful authors build a brand around their books, which can lead to additional revenue streams.
Don't be discouraged:
* Writing nonfiction can be incredibly rewarding, even if you don't become a millionaire.
* Focus on building your audience and crafting high-quality books, and the financial rewards may follow.
To find out more:
* Check out resources like the Authors Guild and the Society of Authors.
* Read blogs and articles by successful nonfiction authors to learn about their experiences.
* Talk to authors in your genre to get firsthand insights.