What Publishers Don’t Know

Many people seem to have a notion that publishers somehow are (or should be) a superior form of human being. It’s nice to be so highly thought of–until you find out what they mean. Like the question many of us have heard. “I thought you guys were smart. Why don’t you just publish bestsellers?”

So, true confessions, we’re not omniscient. And I’m here to dish. What don’t publishers know?
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Not an Exact Science

Since I’ve been an editor all these years, many people assume I have a degree in English or journalism. They are wrong, of course. I have a degree in mathematics.

That may seem an odd thing, but studying mathematics has helped me tremendously as an editor in at least two ways. First, it trained me to think logically and rigorously. Second, it means I’m not totally lost when it comes to thinking about the numbers side of publishing. And there are a lot of numbers to think about: profit, loss, expenses, budgets, sales rates and projections, price calculations, spread sheets, and more.
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