Monday, September 04, 2006

In a day full of meetings and similar distractions I asked Clare Christian of The Friday Project if she could offer a few words covering the challenges of setting up a small independent publishing company. Her comments follow.

 

Well, Richard offered me three paragraphs to cover the various challenges-i-mean-opportunities presented in setting up a new company, which is clearly not quite enough. Instead I thought I would offer a few of the stages that we went through prior to becoming TFP proper and hopefully Richard will allow me the space later to elaborate.

  1. Plan. In March 2005 I went to Anthony Cheetham with a forward list. Yes, just a forward list. Most people in publishing know that Anthony is an experienced publishing entrepreneur, but to look at a list and see an entire business is a skill that Anthony has for which I am extremely grateful.
  2. Money. A great idea is not enough. You apparently need to put your money where your mouth is so I remortgaged my house. No, no, please don’t worry about Jake, 5 and Edie 3 – the cardboard box is fine.
  3. People. All of a sudden there is an office and some contracts with authors and you’re in business. The office is good as it means there is an option beyond the cardboard box but we do have to pay for it and all of a sudden we have people in it. They are ‘staff’. Another terrifying concept, for me at least.

I’m not oversimplifying. A plan, money and people is really all that you need to start a publishing company, or any company, and this is where I found myself a few months ago.

At this stage though, I found myself with some great books (in theory at least) but no sales and distribution channel. I looked at a few distribution options but they were expensive and not very satisfactory. We went to Macmillan and were lucky enough to be accepted onto their third-party sales and distribution system, but what would we have done otherwise? What should we have done? What would you do? As a bookshop, does it matter? As a Publisher, does it? As a consumer I guess it makes no difference? Is there an alternative?

I’ve failed to squeeze even a fraction of the issues I face as a new publisher into this post so I started with this initial one. I'm genuinely interested in your thoughts on the distribution issue. There are a million and one other things we face every day as a new start-up. I might cover them at www.thefridayproject.co.uk/vox but perhaps Richard might allow me to mention them here too. Who knows?

 

 

9/5/2006 11:42:17 AM (GMT Standard Time, UTC+00:00)
Hi Clare/Richard,
I was wondering Clare, in regards to the distribution issue, did you choose Macmillan because it was cheaper than say LBS or say TBS? If I am not mistaken (which I probably am) those two are used by at least some of the independents. I was also wondering, as a small ecclectic independent publisher, would you consider trying to joing Faber's Independent Alliance to enter markets which may otherwise be restricted to you such as Asda, Woolworths, etc?
9/5/2006 12:44:09 PM (GMT Standard Time, UTC+00:00)
Clare, when I started my own publishing company, Long Barn Books, I had a plan and I had money - my own. I also had an office - in my house - and a warehouse - in my barn. Onething I did not have was people and I still do not. I have never employed a single person other than freelance designers - their expertise is absolutely invaluable and it is not mine. But the rest has been DIY -including all the packing and posting It has been that way since 1997 and continues to be that way - it is the reason that, without overheads or wages, I have made a profit every year bar one.
9/5/2006 5:52:20 PM (GMT Standard Time, UTC+00:00)
Inspiring stuff!
It seems to be a period of great innovation and creativity in the UK right now. There are a number of really impressive start up companies that are doing pretty well all things considered.
Eoin
BTW: Snowbooks recently posted alonger version of this idea with ten tips and it is worth reading too.
9/5/2006 6:26:39 PM (GMT Standard Time, UTC+00:00)
Yes, it's here on the snowblog http://www.snowbooks.com/weblog/index.html .
Matthias - I've replied to you off-blog
Susan - you're right of course. Maybe I just like the people part of publishing!


9/5/2006 9:20:22 PM (GMT Standard Time, UTC+00:00)
Yes, I am not a People Person. I like working by as well as for myself. One of the many reasons I blog rather than go to launch parties.
9/10/2006 1:47:14 PM (GMT Standard Time, UTC+00:00)
Dear Richard,

I know it's not really a start-up (founded in 2002) but I didn't want to go back too far to post my question: I was wondering if you could comment on www.lulu.com. What are the prospects of its take on publishing and what if any is the impact on corporate publishing so far? I couldn't find any entries via the search function. Is it really the iTunes of literature as an article in the Sunday Times suggests (http://www.timesonline.co.uk/article/0,,2092-2309797.html)?
9/11/2006 11:49:10 AM (GMT Standard Time, UTC+00:00)
Gregor

I'm afraid I don't know enough about lulu. I'm not sure what you mean by corporate publishing. I very much doubt, however, that lulu woill become the iTunes of books. I'm not sure if anyone will, buit certainly not an organisation which doesn't publish big-name authors.
richard charkin