Wow. Quick comedown.

After the acquisitions meeting for this most recent novel, my agent told me the news wasn’t great, as my first two titles hadn’t “earned out.” This was a term no one had familiarized me with and simply means you sold enough books to cover your advance and can now begin earning royalties. The publisher still wanted to work with me — something I was thankful for — but they were only willing to offer me what my most recent book had made: just over $17,000. Never mind that the book was critically praised, had star reviews, and had made some of those nice …

How to Lose a Third of a Million Dollars Without Really Trying

Heather Demetrios

John McElhenney

1 min readSep 18, 2019

Wow. Quick comedown.

Written by John McElhenney

4.2K Followers

3.3K Following

John McElhenney is an author, life coach, and musician who lives in Austin, Texas. He’s best known for his single dad blog, The Whole Parent. (wholeparent.org)

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