Reborn, I achieved legendary status with a single book.

Chapter 51: Is "Buyout" Good or Bad?

Chapter 51: Is "Buyout" Good or Bad?
The list of top authors on Qidian.com has caused a great sensation in the industry.

Chen Yang's book earned him legendary status, making him a role model for countless authors and friends.

Chen Yang was also somewhat excited.

Although he wrote books for more than ten years in his previous life, he kept making mistakes, and his books were all failures. He never got a contract with a top author.

He has now become a god in the eyes of others, making up for many regrets from his previous life.

However, Chen Yang did not stop there after receiving this prestigious contract.

Being a master is not just an honor, but also a responsibility.

If someone is a top-tier writer, then in the eyes of others, their work must be better than others', and they should be written better than ordinary authors.

If this one is good, the next one will be a complete flop.

When others see you labeled as a "master," they probably think to themselves, "This guy is a master too? How come?"

So during these days of winter break.

Chen Yang had been working on the outline at home.

But a person's name is like a tree's shadow.

Chen Yang, who became a top player, attracted even more attention.

Previously, websites had approached Chen Yang to try and recruit him.

This time, the website still didn't give up.

But this time, they changed their strategy. Instead of having the editors poach the authors, they asked Chen Yang's old acquaintance, a big shot in the author group.

"Brother Bu Yang, are you interested in going to another station?"

"Tiger, you've gone to work as an editor at another website?"

"No, I have an editor friend at another site, and I wanted to ask you about it. Basically, if you're interested, you can name your price and settle on a buyout basis. To be honest, he also gave me a buyout offer."

"Tiger is big, and writing a buyout is very hurtful."

"Hurt someone?"

"Correct."

"How to say?"

The tiger was somewhat confused.

Of course, I don't understand.

The so-called buyout is different from the revenue sharing at the starting point.

This has to start with the operating model of online literature.

Before 2002.

Many websites, including Qidian, do not have many ways to make money.

Many authors write books on websites, but they don't make money from them.

The only way the website can make money is by publishing these books. They package them up and publish them in traditional Chinese characters in Taiwan to earn a commission.

However, they can only publish about ten books a year, which is simply not enough to support a website.

Later, after 2002, Qidian launched a subscription model of 2 cents per thousand words.

You don't need to pay for every chapter you read.

This model also became the most mainstream model in later generations, and was called the VIP subscription model.

After the launch of this reading mode, Qidian quickly stood out from other websites.

Many authors also received royalties through this model, which led to the emergence of professional writers at this time.

Characters like Toad, Tang San, and Xue Hong... they were among the first professional writers on Qidian.

However, the VIP subscription model is good.

But it may not be suitable for all authors.

Because the VIP subscription model still has certain barriers to entry.

That means the author needs to have a certain level of writing skill and be able to sign a contract with the website.

After signing the contract, your book still needs to perform well on the platform's data.

Only after the product is finally listed will there be revenue.

From signing a contract to publishing the book, it can take anywhere from one and a half months to two and a half months for the work to be available on the shelves.

The payment method based on manuscript fees starts from the second month after the manuscript is published.

In other words.

It takes at least three months from the beginning of writing a book to receiving royalties.

This is the most favorable scenario.

If things don't go smoothly.

If you write a book and can't get a contract, then you won't get royalties.

You write a book, successfully sign a contract, but the data is poor, so you still don't get paid.

You wrote a book, the data is okay, and it can be published, but the subscription rate is not good, and you don't get much royalties.

You wrote a book, the data was okay, it was able to be published, but the subscriptions were average, and you didn't get much royalties.

Therefore, countless authors were eliminated in this process.

Let alone some new authors.

Even some veteran authors can't guarantee that they'll earn royalties on their next book.

at this time.

Other websites then came up with a "buyout" model.

This is a killer move by some websites to counter Qidian. These buyouts involve signing contracts with authors at a price per thousand words.

If the buyout price is 30 yuan per thousand words, then writing 100 million words would cost 3 yuan.

In these 100 million words, the author doesn't need to consider whether your performance is good or bad.

As long as you write something, you'll get money.

undoubtedly.

This model, once it emerged, attracted countless authors.

even.

This is the buyout model.

Even some top experts were attracted to it.

of course.

The buyout price for top-tier authors is not just tens of yuan per thousand words.

"Tiger is big, but it's actually simple. What's your current buyout price?"

"30 yuan per thousand words."

"nice."

Before 06.

Being able to earn 30 yuan per thousand words is already quite impressive.

If you're fast enough, you can earn 300 yuan a day by writing 10,000 words.
That would be 9000 yuan a month.

In 06, a monthly royalty of 9000 yuan was really a great deal.

Even if you only write 5000 words a day and earn 4500 yuan a month, it's still better than being an average white-collar worker.

"But what if your book earned more than 30 yuan per thousand words? Your book suddenly became a hit, and you made 100 million yuan in a year. Wouldn't you be heartbroken?"

"Wow... is this even possible?"

"Nothing is impossible. If that time comes, will you regret it? Or, even if you don't earn a million in a year. For example, if your book earns you 200,000, but you only make 100,000 in a year, will you regret it?"

"Perhaps...maybe."

"Since you can do it, then when you start writing again at this point, can you still maintain the same mindset?"

Why is mindset so important when writing?

That's it.

For professional writers, mindset is everything.

When you lose your mindset, no matter how good your writing skills, abilities, or structure, you'll ruin your work.

Like a ship captain.

Chen Yang completely messed up his mentality.

"For example, you could earn 10 yuan this year by buying out your book, but the sales of your book don't earn you 10 yuan. What do you do then?"

"They said that even if the results are not good, the money will still be paid according to the contract."

"But what if the website doesn't want to provide it anymore?"

"can you?"

"What do you think?"

The tiger was still somewhat dazed.

This buyout has just been announced, and nobody knows what the future holds.

But in later generations...

The buyout resulted in a whole host of messy issues—a truly massive amount.

A lot of authors are lured in with high upfront prices, but once they see poor performance, they're immediately scrapped.

Who will the author cry to then?
"For another example, regardless of whether the results are good or bad, or whether it will be cut, after the buyout, you get paid according to the number of words you write. At this point, will you be as serious as before when you write? Will you put more effort into developing the plot? Will you become just completing a task, thinking that you can get paid for writing a few thousand words today, so you just write some filler or make up nonsense? Over time, not to mention that it will damage a person's writing skills, writing for two or three years under such a buyout can directly ruin a person."

"Therefore, the best model is the VIP subscription revenue sharing model. The better your writing, the more money you get. At the same time, you can also see your subscription performance, and you will continue to work hard to increase your subscriptions. Although there is no one-time purchase of comfort here, it can constantly hone your will."

This isn't something Chen Yang just made up.

In his previous life, Chen Yang wrote online novels for over a decade.

Whether it's a buyout, a revenue-sharing arrangement, or a guaranteed minimum return... I've been through it all.

Chen Yang once wrote for three years before buying out the project, and those three years almost ruined his writing career.

It took a lot of effort for me to come to my senses.

After this.

Chen Yang will never again opt for a buyout.

"You don't flaunt your greatness, no wonder you became a god."

After listening to Chen Yang's words, Tiger felt as if he had been enlightened.

He was initially excited, thinking he had signed a high-priced buyout agreement.

But when Chen Yang said that, he felt a cold sweat run down his back.

Just as Chen Yang said.

If everything goes well, he could comfortably make money for a year or two.

But a year or two later.

Will you become just another ordinary person because you're too comfortable?

even.

Will they all eventually be eliminated by this circle?
(End of this chapter)

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