Tacit Knowledge — Writing a Book
“Biographies? Serious travel books? Moneylosers for most of their authors. How so? Well, say you’re lucky and your agent nails a $100,000 contract for you for a biography you’re dying to write. Sounds good, huh? But run the math: First, subtract the agent’s fee (10-15%), and then subtract taxes. You’ve got to write the book…
