My new book was a financial disaster. What happened? financial book

by royajade123VGUYF



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My new book was a financial disaster. What happened?

My new book was a financial disaster. What happened?

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My new book was a financial disaster. What happened?
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49 comments

Ho Homer 25/09/2021 - 6:02 Chiều

Before publishing the book, maybe the videos could be test balloons to gauge interest, along with the comments and statistics from youtube studio.

Harping on subscribers count to gauge potential sales in a book is not exactly a bright idea… given how the subscribe model in youtube works. A lot of subscribers might not even view a channel's videos in a long time.

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DadgeCity 25/09/2021 - 6:02 Chiều

I am surprised that you neglected one of the two pillars of business: sales. I mean, if you ask yourself why authors want to get properly published, the answer is sales. So, your marketing was rubbish. Less important, but also contributing to the failure, are the price ($13 is too much) and the word "by" on the cover, which makes the book look like a high-school project. bw

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Thomas S 25/09/2021 - 6:02 Chiều

Building hype would have helped, when you dropped the video and with that title it felt kind of like using grandmas book as youtube content and not something you spent a year on

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Thomas S 25/09/2021 - 6:02 Chiều

4:10 nice handwriting

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47 25/09/2021 - 6:02 Chiều

Maybe a video about what changes were made after you got outside help (after the book is withdrawn from Amazon)

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Mark Buckley 25/09/2021 - 6:02 Chiều

Don't give up, turn it into a movie script

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Burb 25/09/2021 - 6:02 Chiều

The experience is what really matters! And u could flex to people like , I wrote a book!

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ITristan 25/09/2021 - 6:02 Chiều

600

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Sadnehs 25/09/2021 - 6:02 Chiều

Sorry Austin
didnt know you wrote that book (somehow missed that)

…..
Also I dont read so
Kinda a hard sell.

Maybe I'll start with this lol.

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Path Lastname 25/09/2021 - 6:02 Chiều

7

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TaioTube 25/09/2021 - 6:02 Chiều

When the hindsight video titled "Financial Disaster" gets more views than the announcement:

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Room Slayer 25/09/2021 - 6:02 Chiều

2

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Ery Almario 25/09/2021 - 6:02 Chiều

hey austin it's not too late

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Laughing Elite 25/09/2021 - 6:02 Chiều

You sold 8654 copies

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Isaac Benjamin 25/09/2021 - 6:02 Chiều

Big mistake assuming you have an active audience of 1.1mil.
This video came out Aug 3'rd, it's Sep 21st as I comment.

You have 251,812 views
23k likes, and 343 dislikes
2,394 comments

You clearly do NOT have 1.1 MILLION fans lol. I'm sorry bud, love your work but this is a terrible mindset I would expect a pro like you to understand. Subscribers are not all active fans.

You, at best, seem to have roughly 250k "fans" however I think that's a hard stretch. you have about 2,500 of them (comments) which is one of the most important metrics for a channel in terms of sales conversions.

You could have 100 million subs, 10 million likes, and 1 million comments. If you think you have 100 million fans you'd be delusional.

1% of 2,500 is about 25. Twenty Five. In my opinion, what's "realistic" is to expect maybe 100-250 to buy. I haven't finished yet, I will be curious to see the number. Also, your fans are film buffs on average. Buying a book isn't exactly what your viewers came here for.

If you sold 100 copies I'd consider that a success. But your mindset is oddly unprofessional and naive. Not trying to be mean. I don't understand how someone with so much experience made such a huge mistake! You're awesome! This caught me off guard big time!

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ً 25/09/2021 - 6:02 Chiều

Why don't you just try to reach the right people instead of now having the wrong people buy it out of pity? Most of your male viewers will have sisters, girlfriends etc., who might be looking for new books and maybe like it and you could also try to promote your book via literature blogs or whatever and even make a video about that, having an opportunity for additional content! Lol

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Tristan 25/09/2021 - 6:02 Chiều

300 books?…

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shawn alexander 25/09/2021 - 6:02 Chiều

Balls of steel, let us know how your sales went after this video ☺️

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SoupinSpace 25/09/2021 - 6:02 Chiều

Hang on, you made a book?

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Netherot 25/09/2021 - 6:02 Chiều

It’s awesome to see you admit mistakes you made. That takes a lot

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Ryan Watson Films 25/09/2021 - 6:02 Chiều

Hey man. At one point you said to send you short films if we wanted your opinion and advice on it. Is that still true?

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Papastalin Lenin 25/09/2021 - 6:02 Chiều

100 copies lolz

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Mani 25/09/2021 - 6:02 Chiều

Why do people have to complain? The title is legit from the grandmas first draft and most of yall probably havent even read the book, cmon

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Jerky Murky 25/09/2021 - 6:02 Chiều

12… no 13. You sold 13 copies!

(A few minutes later)

Oh. I mean i was joking but hay at least its not THAT bad.

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potatomanpeaches 25/09/2021 - 6:02 Chiều

This guy is achievement hunting in real life

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Brian Hillier 25/09/2021 - 6:02 Chiều

Glad u shared your thoughts and experiance. the cander is refreshing this is why i like watching you! keep up the great work

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Archvaldor's Warcraft Hacks 25/09/2021 - 6:02 Chiều

132 (EDIT: pretty close).

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Frederick The Great 25/09/2021 - 6:02 Chiều

5

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Insert Name Here 25/09/2021 - 6:02 Chiều

7 copies

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Eleniel 25/09/2021 - 6:02 Chiều

If I was in your place I'd chose to make 500 copies to see how it goes. If it goes well and you make a profit you make more copies! I don't know if it would be a good choice though it's just what I would do

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CopiousTime 25/09/2021 - 6:02 Chiều

I think the fact you didn’t clue in your audience in the earlier stages is where you messed up, peoples comments about their thoughts on the project seems like extremely useful criticism. It’s a shame you didn’t have this before spending the 2K on cover art and formatting, that seems like the stuff that could have changed your sales target. Not to mention what you said, building hype.

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JD Urfer 25/09/2021 - 6:02 Chiều

$896.42 to date!
Just bought one to kick you over $900. Pretty sure I won't be only one. You'll need to post a royalties follow up to assess the impact of this vid

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Daha Solomon 25/09/2021 - 6:02 Chiều

I honestly did see the video recommendation of the book but I didn't click on it…..you can only blame YouTube for turning our brains into dopamine addicts that will only click on something that will blow what's left of our minds.

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E-Hern Lee 25/09/2021 - 6:02 Chiều

> the myth of a writer making a masterpiece all on his own has been completely shattered
i personally don't agree with this:
– formatting/preparing for print/art? that's publishing*, not *writing
– re: character inconsistencies/pacing issues… rather than "can't" it's more that it's… less feasible. imo there are a few ways around it
– experience. tons of experience. enough that you can see the problems coming before they happen and correct your course
– patience. you're gonna have to read your own work over and over and over again, and… i think it's quite easy to get burnt out if you really wanted to do that.
– perspective. (this is hard!) you have to have the perspective of a reader that doesn't have a complete mental model (imagery and the like i guess) of the story, and the same interpretation of sentences as you do

disclaimer: i don't write (ever) so i may be wrong. i just like nitpicking for no reason at all

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nreekm 25/09/2021 - 6:02 Chiều

The cover and the title are a big part of the problem too. I mean, the art is cute, but definetly not suited for a book cover.

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Jane Faceinthewind 25/09/2021 - 6:02 Chiều

I agree with what people said about the cover. It doesn't look vintage, which I think it was supposed to look like, it looks like a children's book. A cover matters.

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NadineNewcastle 25/09/2021 - 6:02 Chiều

I think you made a really good point in saying that you had an audience, but not exactly a target audience. I respect that you pushed through and made this project happen even though it didn't turn out great.
I'm definitely not a professional (like nobody should be taking publishing advice from a fifteen year old), but I do think that your issue was with marketing rather than product.
I would have bought the book if I wasn't a broke teenager!

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Jayson Ortega 25/09/2021 - 6:02 Chiều

05:44 "I am a man of few abilities." Maaan! That landed deeply at home.

However, respect to you on how calmly you accept this and the fact that does not determine the effort you put to accomplish the things you run after.

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Jennifer Lamont 25/09/2021 - 6:02 Chiều

No one has made me feel as comfortable failing as Austin.

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AngryMurloc 25/09/2021 - 6:02 Chiều

1500

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Tomas Manchester 25/09/2021 - 6:02 Chiều

I'm sorry your book didn't do well dude, but I don't think the appropriate response is to conclude that 'good books are written in collaboration like any other creative endeavour'. That's patently nonsense. Sure, maybe an author will have someone read their book and suggest edits, but I don't think a good editor is what separates you and a good author.

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wordsmae 25/09/2021 - 6:02 Chiều

how about after this video though?

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SnakPak 25/09/2021 - 6:02 Chiều

This is the first I'm hearing of this book

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emmasmauii 25/09/2021 - 6:02 Chiều

55k

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Safe-Keeper 25/09/2021 - 6:02 Chiều

I'd love to read the feedback you received, that we only got to see glimpses of.

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25/09/2021 - 6:02 Chiều

BUY DA BUK NOW

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HypnotiZe 25/09/2021 - 6:02 Chiều

Looks like Tobey Maguire in the thumbnail…

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burger40 25/09/2021 - 6:02 Chiều

i am going to guess that the book sold roughly 208 copies in 3 months
-burger40

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Westpoint 25/09/2021 - 6:02 Chiều

Hey, man, your book may not be a financial success, but maybe your grandmother is sitting on a couch, reading your book in heaven.

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