Penguin Publisher Reveals What It Really Takes To Get Published.
by Sharif Khan
Mr. David Davidar began his
career in journalism and is founder of Penguin Books India. Currently, he is
Publisher of Penguin Canada and also is author of the novel, The House of Blue
Mangoes.
How did you first get started in the publishing business?
Twenty years ago I was working in Bombay and there was a colleague I knew who
had done a publishing course at Harvard. And she said, "Why don't you go there
and check it out?" So I came to the States, and I did the course, and at the
course was Peter Mayer, Chairman of Penguin world-wide. He said, "Look you're
from India?" (I said "yeah"). He said he was thinking of starting a company in
India and asked me, "Would you like to run it?"
I was then twenty-six years old, I'd never done a publishing company in my life,
I had little or no idea, but when you're twenty-six years old sometimes you're
foolishly confident about your abilities, so I said "yes." I went to Delhi where
the office was going to be and I had never been there before, starting from
Cambridge, Massachusetts to Delhi - and there was nothing there. There were
exactly 3 employees in the first year of operations and they invested ten
thousand US dollars in the company in 1986. And that was it...Now Penguin India
is Asia's largest English publishing company and has done over 10 million
dollars in sales. It was quite an interesting experience and I had a ball! It
kept growing and growing. It's so fascinating...Now every multinational is in
India. Penguin was the first.
Can you tell us about the BUSINESS of publishing? (I think for most people it's
a mystery veiled in secrecy and delusions of grandeur).
There is the myth that if you write a novel you'll become rich, famous,
attractive to women, or whatever the case may be, but I think that's largely a
myth. Very few books break out in a way such as God of Small Things and A
Suitable Boy did because its only 1% who get to superstardom because they won a
big prize or it's an amazing book and enough readers caught on to the fact. But
think of the odds...There are about 100,000 books published every year. How on
earth are you going to get each of those books to a reader's attention! Let's
say you walk into a bookstore, you face the first novel that appears and you
have no idea what it's about. There is so much competing for your attention.
Most novels sell only about 400 or 500 copies. If it's a good seller it will
sell 5000 copies if it won an award and got great reviews. It is only superstars
that sell more and superstars are very few and every one knows who they are. The
question we need to ask is why are there so few superstars? Why isn't every
writer published famous? There isn't enough attention available for these
writers. So that TV time, radio time, bookstore sales, all mitigate against
every writer getting in.
Two or three industries suffer from the same thing, movie and TV, and music
being closest to the book industry. Think of the tens of thousands of artists
who've produced CDs and nobody's heard of them, and nobody will hear of them
because that is the way the system works. So what happens say if you've written
a book and you approach a publisher? Well normally you approach the publishing
house through a literary agent because they are the top filter, and a top agent
comes to me and says this is a wonderful book...I'll say I'll read it. But if
you approach me directly you probably won't get through many of the
sieves...there are assistants, there are people in the mailroom, and there are
book manuscripts at the back because of overflow...everyone thinks they can
write a book!
Finding a good agent is becoming increasingly tough because they too are
inundated with manuscripts as well. The agent comes to us generating interest in
a book and we have special editors, one specializes in Canadian writers; she
says okay or no, I like it or don't like it. The book is brought to a meeting
where she says she wants to pay this kind of money. You have a price on this
book say $35 dollars, so the author will get a percentage royalty on every book
sold. For a 10% royalty you will get $3.5 dollars on every copy sold. So what we
will do, is advance the author, through his or her agent x amount of money, say
$35,000 dollars because we expect to sell 5,000 or 6,000 hardback and 10,000
copies in paperback, so we figure its worth about $35,000. So it's not an
outright gift...it's an advance against royalties. Then hopefully the book is
published and lives up to expectations and earns out and the response is we're
happy, the author is happy, and the agent is happy...but in 90% of the cases it
doesn't earn out the advance and so you're in trouble. Of the 100 books
published in Canada, I expect 20 books to support the rest.
Where do you see the Canadian publishing industry heading? How does it compare
with what's happening in the Indian publishing industry?
Canada has certain problems and certain advantages like many markets in the
world. I'll deal with the problem first. It's a small market. It's 35 million of
which 5 million are French speakers, so you can't do much with that size of
market. Whereas America is 200 million plus, UK is over 60 million, Australia is
really small, about 20 million. So tens of thousands of books are jostling for
attention in this country. Plus you have the major superstore Indigo Chapters
which controls over 50% of market, so if they don't support a book it's dead in
the water. And there is immense pressure on them as well because there are so
many books pouring in. So these are the problems people have to deal with
including the fact that there are lots of writers, agents, lots of publishing
houses, everyone competing for that elusive customer. Fortunately, Canadians
read quite a lot, but they don't read enough to make everyone prosperous. It is
probably very difficult for a writer to break out in a major way unless you are
someone like Yan Martel, Michael Ondaatje, Rohinton Mistry, Margaret Attwood,
etc., these are people already established and are stars because they've built
up over period of time. Beyond that, it's very tough to break through.
On the positive side, because of the way Canada has been encouraging immigration
for the last 30 years, you have the whole world sitting here, and so Canada's
stories are quite fresh; whereas writing about one's experiences living in
Mississauga that's where a lot of these books get bogged down because if your
domestic experience is not interesting, how will you make your book interesting?
Your life is interesting to friends, family, and about a 100 people who know
you. That is were most first novels fail because they are so autobiographical,
instead of trying to sell a story. Why would people want to read a book unless
they're interested in your life?
I was once asked at the Canada Book Expo, where I was giving a presentation,
what advice can I give aspiring writers. My reply is they should always take
risks. There's no point in writing a small, safe, book...it just disappears.
Take risk! What do you have to lose? Stretch yourself, write a big, huge,
ambitious book! And those are the books that always leave a mark because there's
so few around.
The Indian publishing scene in 20 years will be the second or third largest in
the world overtaking Canada and Australia...
Who are your heroes?
I started out with heroes and along the way you lose the need to have heroes. I
greatly admire my mentor, Peter Mayer, former Chairman of Penguin, Sunny Mehta,
who runs Knopf...I greatly admire writers like Vikram Seth, Arundathi Roy,
Ondaatje, Rohinton Mistry...but at some point in your life you stop having
heroes. You figure everyone does their best, some people have luck on their
side, some people have some advantages, but everyone's a hero.
What makes them heroes in your mind?
They are exceptionally talented, and they have arrived...You know, I was reading
a poem by Rudyard Kipling which goes, "If you can fill the unforgiving minute
with sixty seconds' worth of distance run, yours is the Earth and everything
that's in it..." Which means you do your best every single moment you can, and
if you happen to have the talent as well, then you get to a stage where you are
slightly set apart from your peers because you have done things that it is not
possible for them to do.
So for example, you have great artists, like the South African writer Coetzee;
they've written novels that's not possible for average novelists to write
because of their level of skill and level of perception. Why do you read a novel
today? You have so many sources to choose from. The reason I think you read a
novel today is because the greatest novels give you more truth than non-fiction.
Non-fiction is information, non-fiction is argument...The Economist will give
you insights, but what fiction gives you is insights into the human condition,
the great fiction, not the hundred thousand novels that are published every
year. There are very few books like Disgrace or A Suitable Boy or 100 Years of
Solitude, my personal favorites, which raise the bar. If you can't do that, why
bother? So that's why they are my heroes.
In terms of publishing, Sunny and Peter have pushed the boundaries of the
publishing business and tried to innovate. Anyone who pushes the boundaries
needs to be admired. Whether you are a business person, an athlete, or whatever,
you need to push the boundaries instead of merely existing. Pearson, the company
that owns Penguin, its vision is you need to be "Brave, Imaginative, and
Decent." Which are interesting words that carry a lot of meaning, and is what I
look for in people. There's lots of people that don't get opportunities, lots of
people face much competition, maybe their home situation isn't so great, maybe
their work situation isn't so great, so their kind of stuck...but I think people
make their own destiny don't they? Yeah, I admire people, but if you ask me
whether I have heroes today - probably not.
Do you have a dream or vision that guides the course of your life?
The thing about vision is it needs to be renewed every day. Because at the end
of the day, what does a person want to do? You have a set path which clarifies
itself as you go along. You have a set path - this is what I do, this is what
I'm good at, and how can I use this to influence events and people within my
ambit? And I think narrowly defined within my job description, my vision for
Penguin India was to give India a world-class publishing company. I think that
vision has been achieved. My vision of Penguin Canada is to make it the best
company of its size anywhere in the world.
You only have one chance, make the best of it!
About the Author:
Sharif Khan (http://www.herosoul.com;
sharif@herosoul.com) is a freelance writer, motivational speaker, coach, and
author of "Psychology of the Hero Soul," an inspirational book on awakening the
hero within and developing people's leadership potential. Call 416-417-1259 to
learn about Sharif's business writing, copywriting, and speaking services Source of this article:
www.goarticles.com
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