- [Narrator] The last section of your contract…that I'm going to cover, because I believe…it is important to take note of at this stage of your career…is the option clause.…An option clause is the clause of your contract…that gives your publisher the first right of refusal…on your next book.…And most book contracts will have this clause…which is why I think it's essential that we talk about them.…Here's what the option clause really means.…If you sell your publisher one book,…there's a good chance they're going to want to buy more…of your work especially if your book sells well.…
The option clause is designed to keep you…from selling one book to one publisher…and then turning around and selling another book…to another publisher the next day.…This would essentially create a conflict of interest…especially if the two books are similar in genre…and or scheduled to release around the same time.…A publisher doesn't want an author…to be promoting two similar books…for two different publishers at the same time.…And if your publisher pays to send you on a book tour,…
- Comparing traditional publishing and self-publishing
- Writing and revising your novel
- Finding an agent
- Perfecting your pitch
- Writing a query letter
- Researching agents
- Submitting to agents
- Reading your book contract
- Negotiating advances and royalties
- Understanding the publishing process
Skill Level Intermediate
1. Overview of the Publishing Process
Why I created this course2m 32s
2. Writing and Revising Your Novel
3. Introduction to Literary Agents
4. Creating and Perfecting Your Pitch
5. Writing Your Query Letter
6. Researching Agents
7. Submitting to Agents
8. Selling Your Novel
9. Navigating Your First Book Contract
10. The Publishing Process
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