What are upsides & downsides to getting book done with a ghostwriter?[I’m] Getting bids from ghostwriters offering to write 20,000- to 30,000-word books using my speaking and coaching recordings at a cost of 0-0. A fee of 0-400 is exceptionally low—barely covering the cost of transcription—even for a short book.
What are upsides & downsides to getting book done with a ghostwriter?
Fees do tend to be lower if you have blog posts and transcripts (or recordings that can be turned into transcripts) to work from, as that means the writer will spend less time gathering information.
Even then, a qualified writer will spend significant time sorting through your words to pull out a message that will best represent you and your work or story.
If you’re wondering how much to charge as a freelancer or how much you can expect to pay for writing and editing services, the Editorial Freelancers Association has compiled a list of common rates.
Again, rates vary based on several factors, but this rate sheet provides some basic guidelines.
If you want someone to do more than compile transcripts, you can expect to pay for the time and skill involved.
A rock-bottom rate might be .25/per word with all your source content neatly supplied, but it’s much more common for the fee to be .50 – 1.50/word (for the finished manuscript) or higher.As a benchmark, the Canadian Writers Union sets the minimum fee for ghostwriting a book at ,000.Thomas Metcalf has worked as an economist, stockbroker and technology salesman.Charge a separate fee for your proposal and sample chapters.Don't do that work for free or bundle it into your main proposal -- you'll lose that time if you don't win the bid.Bottom line: If an offer sounds too good to be true, it probably is. Ghostwriting books is a growing field, as self-publishing has opened the market to many would-be writers who need help getting their words in print.A kill fee allows the client to end your participation but protects you by paying you for what you've done.Pay scales for ghostwriters cover a range from several thousand to hundreds of thousands of dollars.If you're a native English speaker who understands the culture of the person for whom you write, you can position yourself at a journeyman level.You're better off negotiating a flat fee rather than an hourly rate.