#PublishingReinvented 10 - Only The Paranoid Survive + free second month on NetGalley.
Can you notice the water getting hotter?
It’s mid-summer & mid-pandemic and the water is getting hotter. I’m not one of those frogs who’ll wait until they are boiled enough to eat, I like to jump.
Because of that, we are planning new focused services for the big bookselling season from Septemeber.
I’ve been reading Andy Grove’s iconic management book, Only the Paranoid Survive, described by management guru Peter Drucker as a “dangerous book.”
One of the things that struck me was Andy Grove’s description of old-style computer businesses, which were vertically integrated (they made the hardware, operating system and software, screens and keyboards) and the new horizontal computer industry which dominates now, where different companies make our hardware, operating system, software and mice.
I am reminded of the traditional publishing industry, where big publishers edit, proofread, provide covers for, publish and promote books by stocking them in book shops on sale or return.
How much longer will it be before they can’t afford to do all this in the face of nimble competitors focusing on making each part better at a lower cost?
I am watching many indie authors making over $1,000 a month, some making $10,000+ a month without a publisher, and I see the frenzy around authors who can do this. Writers are willing to pay a lot to learn the secrets of success.
The way the world is now is not the way it will be in ten years. It will be very different.
Publishing has clearly reached an inflection point. It will last years, but the forces playing out will not be swayed.
A second free month on NetGalley:
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Laurence O’Bryan
Author
Founder BooksGoSocial & The International Dublin Writers’ Festival