NOT: How Can I Make Money? INSTEAD: How Can I Serve?
My colleague Amy Schell recently shared Seth Godin’s interview with the people over at Harper Studio. A couple wonderful snippets:If everything is free, how is anyone going to make any…
My colleague Amy Schell recently shared Seth Godin's interview with the people over at Harper Studio. A couple wonderful snippets:
If everything is free, how is anyone going to make any money?
First, the market and the internet don't care if you make money. That's important to say. You have no right to make money from every development in media, and the humility that comes from approaching the market that way matters. It's not "how can the market make me money" it's "how can I do things for this market." Because generally, when you do something for an audience, they repay you.
What's the most important lesson the book publishing industry can learn from the music industry?
The market doesn't care a whit about maintaining your industry. … you can decide to hassle your readers (oh, I mean your customers) and you can decide that a book on a Kindle SHOULD cost $15 because it replaces a $15 book, and if you do, we (the readers) will just walk away. Or, you could say, "if books on the Kindle were $1, perhaps we could create a vast audience of people who buy books like candy, all the time, and read more and don't pirate stuff cause it's convenient and cheap..."

Jane Friedman is a full-time entrepreneur (since 2014) and has 20 years of experience in the publishing industry. She is the co-founder of The Hot Sheet, the essential publishing industry newsletter for authors, and is the former publisher of Writer’s Digest. In addition to being a columnist with Publishers Weekly and a professor with The Great Courses, Jane maintains an award-winning blog for writers at JaneFriedman.com. Jane’s newest book is The Business of Being a Writer (University of Chicago Press, 2018).