I found this on The Passive Voice and thought I would share it with my fellow indie authors. You can click the link or read it it.

Self-Publishers: The New Generation of Cool Kids.

For years, self-publishing was widely considered an embarrassing fallback option. Occasionally a John Grisham would emerge, sell 5,000 copies of a compelling novel, land a publishing deal, and ultimately achieve fame and fortune. But those authors were far and away the exception. Few authors willingly followed in their footsteps.

Nowadays, self-publishing is not only respectable: it’s downright hot. Today’s indie phenoms are rocking the industry, their books elbowing their way up the USA Today and NY Times bestseller charts, with stars like Bella Andre and Raine Millerscoring breathtaking seven-figure publishing deals. With their Ragged Dick success stories and can-do attitude, these inspirational indies are rapidly becoming the cool kids.

Until recently, this sea change in perception was nearly unthinkable. To wit, many bestselling indie authors were as (pleasantly) astonished as anyone else by their astounding success. After the release of Book 2 in her Blackstone Affair series, Raine Miller was content to stay indie. When her agent presented a seven-figure offer to sell the series to Atria—“well,” says Miller, “you take a deal like that (after you pick yourself up off the floor.)” The mind-blowing success of her Blackstone Affair series took Miller by surprise. “I really don’t know why it took off as it did,” she says.

One big contributor to their rising star power is the fortitude of indie authors. Indies listen to their own voice. Tammara Webber spent a year querying agents before self-publishing her debut novel,Between the Lines. “I had two options,” she says, “abandon the story I’d written, write something else, and try the same route—or self publish.” Between the Lines found a “niche audience,” and went on to become the first in a series of successful Mature YA romance novels. Webber recently signed a two-book deal for her stand-alone novel Easy, her fourth self-published book.

“By self-publishing you beat the odds to get published,” says Steven Axelrod, a prominent literary agent, the first to negotiate a seven-figure deal for an indie author. In Axelrod’s experience, the traditional gatekeepers—agents and editors—frequently miss the mark. “About half the books the gatekeepers think are commercial don’t perform as expected,” he says. If not for self-publishing,Between the Lines and the other books in the series might never have found an audience, Webber says. “I wanted to find a few readers who would like the stories I wanted to tell. Self publishing gave me that option.”

Unlike some traditionally published authors who, grateful to be accepted, may feel internal pressure to accept disappointing offers, confident indies refuse to settle for deals that don’t meet their objectives, choosing instead to forge their own success. Colleen Hoover wrote her debut novel,Slammed, for fun. Self-publishing gave her family and friends a way to download her book conveniently. After three months, sales picked up and within five months Slammed hit the NY Timesbestsellers list.

Early on, Hoover turned down a “very decent” offer to publish her novel. Recently she signed on with Simon & Schuster for the print rights only to Hopeless. “I didn’t want to sign away digital rights,” she says; that was one of her reasons for rejecting the earlier offer. With a hit indie series, she was able to command an advance that she was “really happy with.” This one, she says, is the deal she’d been hoping for. “That I came into this industry backward, by self-publishing first, helped me a lot.”

Landing a traditional deal used to be the primary motive for self-publishing. This is no longer the case. Cora Carmack, author of the NY Times and USA Today bestseller Losing It, considers control a major benefit of self-publishing. “You have complete control of the creative process and you can bring books to market at a much quicker rate.” A prolific, hardworking author can feasibly take a book from draft through editing and design to quality publication in three to six months—far faster than the year or more required by traditional publishers. Speed-to-market can have an enormous impact on sales, particularly for books with seasonal or topical appeal.

Self-published authors also control pricing. Miller realized early on that the majority of books breaking into the top 10 on Amazon were self-published, a phenomenon she attributes largely to pricing. Miller published her first two titles, before The Blackstone Affair, with a small press. “The books got decent reviews,” she says, “but they would never chart on lists because they were priced too high.” Self-publishing The Blackstone Affair, Miller feels, was the smartest career move she has ever made.

In this sluggish economy, many readers are reluctant to shell out $10 or more for a book by an unproven author. By the time Tracey Garvis Graves inked her impressive two-book deal with Penguin, she’d sold over 375,000 copies of her debut novel, On the Island. “As a self-published author I was able to offer a lower price point, which made it easer for readers to take a chance on an unknown author,” Garvis Graves says. For hesitant buyers, a price of $2.99 or lower reduces the stakes. When readers discover a book they love, they share it with friends and, increasingly, across their social networks. Early readers connected with On the Island and told others, Garvis Graves says. “Word-of-mouth marketing did wonderful things for On the Island.”

Among the abundant advantages indie authors enjoy, the opportunity, on your own, to find and cultivate an audience may be the biggest. If Hoover had tried to publish Hopeless traditionally, the book would have been rejected, she says. “I wrote about a college-aged character who writes poetry,” neither of which sold well at the time. “I was able to find my own audience through word of mouth and social media,” Hoover points out. “In retrospect I think it was the absolute best choice for my first book.”

“At the end of the day, editors and agents respect an author who has a sizeable and stable market,” Axelrod says. “For the moment, more traditionally published authors meet the criteria—but it’s all changing!” Indeed, much has changed since Garvis Graves self-published On the Island in September of 2011. “I have watched many of my self-publishing peers sign traditional publishing deals,” Garvis Graves says. “I’ve said it before but it bears repeating: there’s never been a better time to be a writer.”

With its newly minted cachet, self-publishing is no longer a last resort. Noting the myriad advantages, encouraged by the success they’ve witnessed, many first-time authors now bypass the querying stage, opting to go straight to self-publishing.

Self-publishing is the chance to make your own future,” says Carmack. The endless possibility inherent in this entrepreneurial enterprise makes self-publishing a robust choice. It is, after all, far more exciting—and impressive—to create your own success than to put your career in the hands of a corporation and hope for the best.