Scholar Warrior
Could you explain some about how the business is working and adapted over time? I think you mentioned you now have a full-time team?
Will Wight
Yes, I can, and I would like to do that. So, the team now consists of quite a few people. I'm gonna miss somebody--and they're on here listening, too--so I'm gonna miss somebody and then they're gonna be mad.
Lil' Blue
All caps TEAM.
Will Wight
Yeah, the TEAM!
So, I started off with House of Blades. It was me; my family helped a lot; my friends helped a lot; and we had a family contact with a guy who was a graphic designer who had done some work with my dad fifteen years before. And so I had a contact with him and he helped me develop the covers, and so he thought, like I did, that House of Blades wasn't going to make any money. So he helped me work out a deal with some student graphic designers of his, and I would pay them half of a fair value of a cover upfront and then they would have the first ten percent of profits until they got paid the other half. And we all kind of knew--we were going into this eye's wide open--we all kinda knew that I probably would never make that much money. So, you know, joke's on us. That was great for me; it was a cool experience for them, and then, again, they got paid so it was a real job. And so that was it. That was the team.
Over time we have evolved that. We've just continued to bring people on board--especially this last year. One of the big reasons we were able to hire Travis and that we were able to do the audiobooks at all is because I hired an assistant. I hired a few more people part time to do things like manage my social media, Facebook page, and a woman to optimize our meeting time and kind of administrate the team. There was a woman we brought on, not long ago, that does our bookkeeping and interfaces with our accountant. We have my business manager--the one who's always kind of whipping me to write, and he's the one who always wants the books to cost more and for us to make more money so that we can, therefore, serve the readers better--that's his whole thing. He's like, "The more money we have, the more we can do for people and produce more books," and I'm always like, "But I want the books to be cheaper; and I want to spend longer on them; and all I care about is the story and the art." So he's like the devil to the angel that I am. That's how I think of it in my head. He probably has the exact opposite picture.
Look, this developed over time. This is year six. Only this year has our team really been this organized. So we have major quarterly meetings in which we plan out kind of the schedule for the year. We take a look at where we are, where we can go. But that's the only reason we were organized enough to make these audiobooks happen. We had people on it. And so that's why we were able to get the audiobooks out. Now, the audiobooks have provided such steady income that now--ebooks are very spikey, you get one big spike and then it drips down--we've been in just a much steadier financial position and that's helped--we have a lot more overhead now because, again, I hired a lot of people. But we also have much steadier income as a direct result of bringing them on. So it's actually pretty cool to see the baseline of the business go up as we spend more money and hire more people. So it's actually been really cool.