The State of Book Publishing in 2023

With Morgan James Publishing celebrating their 20th anniversary it felt like the perfect time for David to reflect on where the business has been and how it got here. The publishing industry has changed over the last two decades, and while we can't anticipate the challenges that are ahead for Morgan James Publishing, he knows they have learned a ton.

When David first stepped into the world of publishing, he wanted to create something unique while challenging the norms. There was a lot of excitement when Morgan James Publishing was founded in 2003. The business was driven by a passion to empower authors and offer them more flexibility and speed to market. He knew that he wanted to provide a personalized experience with a traditional feel, but also allow authors to retain ownership and control over their intellectual property.

Many authors start feeling frustrated and discouraged by the lack of collaboration from publishers. Despite their efforts to build strong author-publisher relationships, they just seem to get nowhere. Unfortunately, they aren't alone. That is what lead to the founding principles at Morgan James Publishing.

Throughout the years, the vision persisted, continuing to make decisions together with the authors while focusing on their big picture. As credibility, distribution, and opportunities for the authors increases, David remains grateful for the support and growth of Morgan James Publishing.

In this episode, you will:

• Discover the three core principles behind the founding of Morgan James Publishing
• Recognize the importance of forging strong connections in the world of publishing
• Keep pace with essential trends and advancements shaping the publishing landscape
• Grasp the key to catering to readers' diverse concerns and expectations
• Uncover how faith can inspire greatness and drive exceptional outcomes

Listen to this episode as David reflects on the founding principles of Morgan James Publishing, reflects on all that has been accomplished, and shares in the excitement of whatever the future holds in this ever-evolving landscape of publishing.

Resources

https://www.morgan-james-publishing.com/state-of-publishing/

Morgan James Publishing website

Twitter.com/morganjamespub

Linkedin.com/company/morgan-james-publishing/

Facebook.com/morganjames

Episode Highlights:

00:00:05 - Morgan James Publishing's 20th Anniversary

00:01:58 - The Evolution of the Publishing Process

00:06:01 - Milestone Books

00:09:44 - Impact on the Publishing Industry

00:12:54 - Building Strong Relationships in Publishing

00:17:55 - Bureaucracy Beware

00:19:32 - The Impact of Digital Technologies on the Publishing Industry

00:24:44 - The Future of Publishing

00:26:36 - The Importance of Relationships in Book Publishing

00:27:08 - Human Nature Won't Change

00:27:36 - Faith as a Motivator

00:28:02 - Problems Will Persist

00:29:20 - Relationships Will Always Be Key