The world is talking about only one major issue today: the global economic crisis. From the loss of confidence by American investors in the value of US securitized mortgages back in 2007, to the worldwide shockwave of this economic downturn, the reality of a weakening global economy has impacted every company from different industries and every individual from all walks of life.
With corporations downsizing and households economizing, what are authors to make of the global financial crisis? How are writers, who are looking to get their books published, respond to this economic downturn? Is the current state of the world’s economy a blessing or a curse to one’s publishing dreams?
To answer that, let us take a quick look at one of history’s pivotal economic moments: the Great Depression. During the 1930s the world was plunged into unprecedented economic woes, which gave the era its well deserved name. Much like today, the Great Depression threw a great shadow of uncertainty over every aspect of human life, including the publishing industry.
However, a deeper look into this period of history shows us that there were many authors who have had their books published, and a few have even achieved critical acclaim. The Great Depression produced great written and published works like John Steinbeck’s ‘The Grapes of Wrath’, Charles Nordhoff and James Norman Hall’s ‘Mutiny on the Bounty’, and Ernest Hemingway’s ‘A Farewell to Arms’ to name a few. If these writers achieved their dream of publishing their books in a time of financial uncertainty, why couldn’t today’s author do the same?
If anything, there should be even more reasons for writers to become published authors today. With all the innovations in the industry, the wide selection of publishing services available, and the health competition between publishers that result in multiple benefits for authors, achieving one’s publishing dreams is made easier to attain. Recession or no recession, writers who wish pursue the publication of their books can go ahead and do so.
The global financial crisis should not necessarily be a hindrance to your publishing dreams. If you are determined to pursue success as a published author, or looking to publish another book, you will find many avenues to take on the way to your desired goal. Publishing companies like Xlibris offer many options from which aspiring authors can choose.
Among these are the various publishing packages that cater to the specific needs of each author, the discounts given on these packages, the monthly promotional offers on marketing and publishing services, and the special rates for specialty publishing. These are all designed to make publishing your book more attainable even in the midst of economic woes.
The Great Depression produced great works of literature. The current global recession should not cause the proliferation of literary works to recede. Rather, times like these should becoming a challenge and a stepping stone for writers to become published authors.