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Do you need capital?
"If you need capital to grow and achieve critical mass, that is the sensible strategy".
In other words, you need capital equal to 25 times your desired retirement income (equivalent to taking a 4% yield).
"You need capital investment and sustained ad revenue" that target "more affluent readers" – which usually means that publications end up catering to mostly white gay male readers.
You need capital as a publisher because it's a gambling game – you say to an author: I think you could write a book, here's some money!" Goodings, who is 60 this year, relishes this risk-taking side of her job and has no plans to scale back, still less retire.
You're running a business; you need capital now.
Similar(41)
You do need capital but you can do a lot of your own distribution online".
You don't need capital to publish a book on Scientology – you need courage.
You do not need capital or an office building - just a computer and a talent or passion for doing what you do best!
"If you are profitable and need capital to grow and can easily cover the debt service, sure, go for it," he wrote.
Getting profitable could get you funded – or save you from needing capital – but it could also stunt your growth potential enormously.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com