2016 Writing Statistics and Revenue

Many authors in the science fiction, fantasy and horror genres track their writing progress and provide a summary of it at the end of each year. For instance, both Nick Mamatas and Martin Shoemaker provide fairly comprehensive years in review that cover what they published in 2016. In past years, Rahul Kanakia presented an excellent summary of his submissions data but stopped this year because of the hassle involved. Jim C. Hines offers a data rich post on the income he generates from writing as well as a summary of his writing statistics. Last year, I published a post tracking my writing progress since I first made a serious attempt to become a published author. This post tracks the entirety of my writing career up to and including 2016.


Key 2016 Accomplishments

From a writing perspective, 2016 was my best year ever. I had a number of firsts in 2016, the seventh year that I’ve made a concerted effort to generate income from my writing. These accomplishment include:


2016 Accomplishments vs. Objectives

While I certainly made a great deal of progress in 2016, I came up short on many of my goals. In an effort to keep myself ruthlessly honest, I’ve coded goals I accomplished in blue, goals I failed to meet in 2016 because of factors beyond my control but are still on track in gray, and goals that I’ve failed to accomplish in red. I’ve also included some commentary to note how close (or how far away) I was from realizing each of these goals.

  • Write more than 10 new short stories: I only wrote 9 short stories—pretty close, but no cigar.
  • Make at least 5 professional rate sales: I only made 4 professional sales. Again, I was pretty close, but did’t hit my bogey.
  • Sell my novel to a major publisher: I’m coding this goal gray because while I haven’t yet sold my novel, it has been under consideration at a major publisher for 490 days, so there’s still hope.
  • Complete my novel’s sequel: while I’ve made progress on this item, I’m not even close to completing it.
  • Publish at least 100 posts on my blog: I only published 91 posts. Again, I was close, but didn’t hit my target.
  • Do at least one panel and/or podcast: I did 3 panels at Worldcon and 1 podcast at The Overcast.
  • Complete my second personal anthology: Done. See above.
  • Edit an anthology: This is still a good idea, but for now it goes into the nice-to-have-but-not-critical bins.
  • Attend my second Worldcon to continue building my professional network: Done.

As you can see, I’ve accomplished 4 of my goals, am still on track to accomplish 1 of them, and have failed to hit the remaining 4. While I can do better, the very discipline of setting these goals kept me focused throughout the year. As such, I plan on setting my goals for 2017 at the end of this post, but before I do that, I’d like to cover my annual writing statistics starting with the revenue I derived from writing in 2016.


Writing Revenue

2010-2016-writing-revenue
Source: ©2016 Sean Patrick Hazlett

Frankly, I still make an embarrassingly little amount of money from writing. In fact, my former business school classmates will probably look at me crosswise when they see the numbers and wonder why I’m wasting my time.

My view is that you have to start somewhere. And in writing, the barriers to entry are very low. Let’s face it: all you need is a keyboard, a rudimentary understanding of English, and an imagination, and you can submit to most magazines. To stand out among thousands of submissions you have to write something that blows away the competition. Over time, as one establishes oneself, it seems to get a little easier. It just takes a long time getting there.

While the revenue numbers above are still low, I find some consolation that my revenue growth rate has roughly doubled each year from 2013 to 2015 and tripled in 2016—a marked improvement. Plus, I’m literally making money by conjuring stuff out of thin air.

2012-2016-revenue-by-source
Source: ©2016 Sean Patrick Hazlett

However, one area of concern is that my revenue stream was less diversified in 2016 than it was in 2015. It was also more concentrated, with 96% of my revenue deriving from short stories. A big part of the lack of diversification is that WordPress didn’t pay out my advertising revenue in 2016 since WordPress only sends a blog a check once this revenue reaches $100. That said, my ad revenue is declining, primarily because I’ve deliberately written far fewer politically-charged (if any) articles in 2016 so as not to alienate current and future readers of my fiction. The downside in publishing less political content is that my blog has recorded fewer page views which, in turn, has resulted in less ad revenue. Going forward, I’m hoping that a novel sale will help diversify these revenue sources.


Other Writing Statistics

Since December 2011, I’ve written a total of 41 short stories. By the end of 2016, I sold over two-thirds of them, and 18 have already been published (the story written on spec to a corporate client never will be). While a 68.3% hit rate seems pretty good on the surface, I’ve made an obscene number of submissions and have accumulated over 1,300 rejections to get there.


Production

My production picked up a little in 2016 with 9 stories produced versus 8 in 2015, but I failed to reach my goal of writing more than 10 new short stories. That said, I have a decent headstart on 2017 as I did a ton of work on a huge backlog of various story ideas. I just didn’t have time to polish any of them before the year ended.

2010-2016-story-production
Short Story Production ©2016 Sean Patrick Hazlett

Sales

As I noted above, I sold 13 short stories this year, which is more than double what I sold in 2015 and is my best sales year ever. To put that into perspective, prior to 2016, I’d sold a total of 16 stories in my lifetime. More importantly, 4 of those 2016 sales were at professional rates. In fact, I sold so many stories in 2016, that my inventory of 13 stories is the lowest it’s been since the third quarter of 2014. With 3 of my stories already shortlisted at various publications and anthologies, I’m hopeful that 2017 will be an even better year.

2010-2016-story-sales
Short Story Sales ©2016 Sean Patrick Hazlett

Submissions

You can’t win if you don’t play, and the more you play, the more you win. For a relatively unknown author, the writing game is one that rewards persistence. In my opinion, there’s also a huge element of luck. Sometimes you have to hit the right editor at the right time with the right story. You can’t do that if you aren’t constantly taking shots on goal. As such, over the last three years, I’ve consistently submitted at least one story a day to various publications. So far the strategy has continued to pay off.

Since my acceptance rate doubled from 2015 to 2016, I plan to send fewer submissions in 2017, primarily so I can spend more time writing than submitting.

2010-2016-story-submissions
Annual Submissions ©2016 Sean Patrick Hazlett

Rejections

The writing business isn’t for the faint of heart, and rejection seems to be the only constant. The flip side of making a huge volume of submissions is that you receive a massive number of rejections. While I’ve sold over two-thirds of the stories I’ve written thus far, I’ve collected over 1,300 rejections. The good news is that I’ve received so many of them I’ve built up enough scar tissue that they hardly bother me anymore. It’s just part of the game.

2010-2016-rejections
Short Story Rejections ©2016 Sean Patrick Hazlett

The Funnel of Persistence

Putting it all together, I’ve made decent progress since my first short story submission in December 2011. While I’m nowhere near quitting my day job, I’ve made enough progress that I can see light at the end of the tunnel. Below is how the numbers have shaken out thus far for me. As you can see, I’ve sent over 1,500 submissions to various publications to yield 29 sales. But for most, writing isn’t a blitzkrieg, it’s a war of attrition. And it’s a war I’m determined to win.

funnel-of-2016
 ©2016 Sean Patrick Hazlett

2017 Objectives

Looking ahead, there are a number of things I hope to accomplish in 2017, including:

  • Write 10 new short stories.
  • Make at least 5 professional rate sales.
  • Sell a story to one of the big three print publications: AnalogAsimov’s, and/or Fantasy and Science Fiction.
  • Appear in a “Best of” anthology.
  • Sell my novel to a major publisher.
  • Complete my novel’s sequel.
  • Outline a horror novel.
  • Do at least one panel and/or podcast.
  • Do an author signing related to the Writers of the Future: Volume 33 launch at Between Books in my hometown.

There’s a lot on my plate for 2017, but I’m confident that if I continue plugging away, I’ll continue to make progress.

Here’s to a very productive 2017!

2017 Writing Statistics and Revenue

Many authors in the science fiction, fantasy and horror genres track their writing progress and provide a summary of it at the end of each year. For instance, John Scalzi, Rahul Kanakia, Alex Shvartsman, Ron Collins, Gray Rinehart, Michael R. Fletcher, Jim C. Hines, and C. Stuart Hardwick provide fairly comprehensive years in review that cover what they published in 2017. Last year, I published a post tracking my writing progress since I first made a serious attempt to become a published author. This post tracks the entirety of my writing career up to and including 2017.


Key 2017 Accomplishments

From a writing perspective, 2017 was my best year ever. I had a number of firsts in 2017, the seventh year that I’ve made a concerted effort to generate income from my writing. These accomplishment include:


2017 Accomplishments vs. Objectives

While I certainly made a great deal of progress in 2017, I came up short on many of my goals. In an effort to keep myself ruthlessly honest, I’ve coded goals I’ve accomplished in blue, goals I’ve failed to meet in 2017 because of factors beyond my control but are still on track in gray, and goals that I’ve failed to accomplish in red. I’ve also included some commentary to note how close (or how far) I was from realizing each of these goals.

  • Write 10 new short stories: I wrote exactly 10 short stories. Check.
  • Make at least 5 professional rate sales: I only made 3 professional sales. Again, I was close, but did’t hit my bogey.
  • Sell a story to one of the big three print publications: Analog, Asimov’s, and/or Fantasy and Science Fiction. I’m getting closer to selling at my favorite of these three markets, but I’m not there yet. That said, I did published my first story on Terraform, Vice.com’s science fiction arm, which is a huge milestone.
  • Appear in a “Best of” anthology: A reprint of “Adramelech” will be appearing in the Year’s Best Hardcore Horror Volume 3 and a reprint of “Tunguska” will be appearing in Best SF in Kasma Magazine in 2018, so I consider this objective met. 
  • Sell my novel to a major publisher: I’m still working on this one, but making good progress.
  • Complete my novel’s sequel: Made a little progress, but not enough to satisfy this requirement.
  • Outline a horror novel: Ugh. I didn’t even attempt to start an outline.
  • Do at least one panel and/or podcast: I tried, but ultimately didn’t achieve this 2017 goal.
  • Do an author signing related to the Writers of the Future: Volume 33 launch at Between Books in my hometown: I hadn’t had a chance to do this as I couldn’t make it back east this year. Maybe next year?

As you can see, I’ve accomplished only 2 of my goals, am still on track to accomplish 1 of them, and have failed to hit the remaining 6. Yikes! While I can do better, the very discipline of setting these goals kept me focused throughout the year. As such, I will be setting my goals for 2018 at the end of this post, but before I do that, I’d like to cover my annual writing statistics starting with the revenue I derived from writing in 2017.


Writing Revenue

Source: ©2017 Sean Patrick Hazlett

Frankly, I still make an embarrassingly little amount of money from writing. In fact, my business school classmates will probably look at me crosswise when they see the numbers and wonder why I’m wasting my time.

My view is that you have to start somewhere. And in writing, the barriers to entry are very low. Let’s face it: all you need is a keyboard, a rudimentary understanding of English, and an imagination, and you can submit to most magazines. To stand out among thousands of submissions you have to write something that blows away the competition. Over time, as one establishes oneself, it seems to get a little easier. It just takes a long time getting there.

While the revenue numbers above are still low, my revenue growth rate has roughly doubled each year from 2013 to 2015 and tripled in 2016—a marked improvement. However, revenue did decline by 8% in 2017, though no doubt off a very high 2016 base. Moreover, I already have a backlog for 2018 that publishers still owe me for stories I sold in 2017 equivalent to 24% of my 2017 sales. So I already have a robust start for 2018.

I also find consolation in the fact that I’m literally making money by conjuring stuff out of thin air.

Source: ©2017 Sean Patrick Hazlett

However, the good news is that my revenue stream was more diversified in 2017 than it was in 2016 with 72% of my revenue deriving from short stories vs. 78% in 2016. Going forward, I’m hoping that a novel sale will help further diversify these revenue sources.


Other Writing Statistics

Since December 2011, I’ve written a total of 51 short stories. By the end of 2017, I sold nearly two-thirds of them, and 31 have already been published. While a 62.7% hit rate seems pretty good on the surface, I’ve made an obscene number of submissions and have accumulated over 1,600 rejections to get there.


Production

My production picked up a little in 2017 with 10 stories produced versus 9 in 2016, and I reached my goal of writing 10 new short stories. I also have a decent headstart on 2018 as I did a ton of work on a huge backlog of various story ideas. I just didn’t have time to polish any of them before the year ended.

Source: ©2017 Sean Patrick Hazlett


Sales

As I noted above, I sold 10 short stories this year, which is down 9% from my 2016 sales. However, to put that number into perspective, prior to 2016, I’d sold a total of 16 stories in my lifetime. More importantly, 3 of those 2017 sales were at professional rates, which is flat with the 3 professional sales I made in 2016 (a fourth sale vaporized after the publication that had accepted my story had folded).

Source: ©2017 Sean Patrick Hazlett

Submissions

You can’t win if you don’t play, and the more you play, the more you win. For a relatively unknown author, the writing game is one that rewards persistence. There’s also a huge element of luck. Sometimes you have to hit the right editor at the right time with the right story. You can’t do that if you aren’t constantly taking shots on goal. As such, from 2014 to 2016, I’d consistently submitted at least one story a day to various publications. Since my acceptance rate doubled from 2015 to 2016, I sent fewer submissions in 2017, primarily so I could spend more time writing than submitting. This strategy paid off in 2017 with my producing 10 short stories vs. 9 in 2017, while improving my acceptance rate by nearly 20%.

Source: ©2017 Sean Patrick Hazlett

Rejections

The writing business isn’t for the faint of heart, and rejection seems to be the only constant. The flip side of making a huge volume of submissions is that you receive a massive number of rejections. While I’ve sold nearly two-thirds of the stories I’ve written thus far, I’ve collected over 1,600 rejections. The good news is I’ve received so many of them I’ve built up enough scar tissue that they hardly bother me anymore. In fact, they only encourage me and spur me on.

Source: ©2017 Sean Patrick Hazlett

The Funnel of Persistence

Putting it all together, I’ve made decent progress since my first short story submission in December 2011. While I’m nowhere near quitting my day job, I’ve made enough progress that I can see light at the end of the tunnel. Below is how the numbers have shaken out thus far for me. As you can see, I’ve sent over 1,800 submissions to various publications to yield 37 sales for 32 original short stories out of a 51-story inventory. But for most, writing isn’t a blitzkrieg, it’s a war of attrition. And it’s a war I’m determined to win.

Source: ©2017 Sean Patrick Hazlett


2018 Objectives

Looking ahead, there are a number of things I hope to accomplish in 2018, including:

  • Write 10 new short stories.
  • Make at least 5 professional rate sales.
  • Sell a story to one of the big three print publications: Analog, Asimov’s, and/or Fantasy and Science Fiction.
  • Appear in a “Best of” anthology.
  • Sell my novel to a major publisher.
  • Complete my novel’s sequel.
  • Outline a horror novel.
  • Do at least one panel and/or podcast.
  • Do an author signing at Between Books in my hometown.
  • Attend my first StokerCon in Providence, Rhode Island.
  • Attend my third Worldcon in San Jose, California.
  • Sell an anthology to a major publisher.
  • Take a screenwriting course at UCLA.
  • Publish my second short story collection.

There’s a lot on my plate for 2018, but I’m confident that if I continue plugging away, I’ll continue to make progress.

Here’s to a very productive 2018!

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