Traditionally, writers are used to selling their books to readers once they have been published. But have you ever considered selling your book to readers in order to get it published in the first place?
That’s the general business idea behind crowd funding. You sell your project idea to the public, who offer to back it financially, for some sort of reward, and hopefully enough cash is raised to bring your project to fruition.
For writers, crowd funding is now a viable business model. Publishers want to know there’s a market for your book. With crowd funding, it’s the market that gets your book published. But how easy is it to publish a crowd funded book? And should you do it all yourself, via a general crowd funding website, or are you better targeting a publisher specialising in this finance-raising business model?