Can't Find a Publisher? Crowdfund Your Book

The video discusses the challenges in traditional publishing, such as limited selection and low royalties for authors. It introduces a new model where readers choose books, and crowdfunding helps cover production costs. The minimum print run is 1000 books, but successful campaigns can lead to larger runs. An example is given of Daniel Wallace, a bestselling author who used this model for his children's book after traditional publishers declined. The video also highlights opportunities for established authors and explains the cost setup process using an algorithm.

What is one of the main issues with traditional publishing as discussed in the video?

• Too many books being published

• Excessive marketing costs

• Limited selection by a few people

• High author royalties

How does Inkshares cover the production costs of a book?

• By charging high prices for books

• Via crowdfunding from readers

• By selling advertisements

• Through government grants

What is the minimum print run for a book funded on Inkshares?

• 500 books

• 2000 books

• 1000 books

• 5000 books

Why did Daniel Wallace choose Inkshares for his children's book?

• He wanted to write a fiction book

• Traditional publishers rejected it

• He was looking for a new audience

• He wanted to self-publish

What factors influence the cost setup for a book on Inkshares?

• The publisher's reputation

• The number of pre-orders

• The author's popularity

• The book's genre and content