Why are traditional publishers taking 85% to 90% of a book’s sales? Okay, sure, that made sense in the 1950s, and even in the 1990s, but the publishing landscape today is very different. The cost of publishing a book in the past was incredibly expensive. You had to do the printing, the shipping, the warehousing, the distribution, all the marketing, and handle all the returns. For many years, that was the only path available to someone who wanted to publish a book, and so publishing companies sprang up to take all the work beyond writing off the author’s shoulders. Because they were providing so many services, they could charge whatever they liked. Authors could take it or leave it—and if they left it, their book wouldn’t be published and their insights wouldn’t be shared with their audience. Today, with ebooks and print-on-demand publishing, the cost structure of the industry has changed. You can have low investment and get a much higher return. In my experience, working with hun...