A couple of days ago Amanda mentioned what is possibly the single best reason for finishing what you’re working on: if you don’t finish, you have nothing to sell.
Now, it hasn’t always been quite that way. Back when traditional publishing was the only game in town, a lot of books got sold on the three-chapters-and-synopsis system: you submit the first three chapters and a synopsis of the rest of the story, and if the publisher likes it and trusts you to finish the work, you get a contract and an advance; usually half on signing and half when you submit the completed manuscript and they find it acceptable. Naturally there were a few writers who got book contracts on this basis and then couldn’t deliver. But there were very few who got a second book contract after failing to deliver on the first. And so the system staggered along… and to tell the truth, I liked it just fine. The prospect of investing all that work in a book and then discovering that nobody would buy it gave me hives. I felt a lot more financially secure with that steady stream of book contracts and staggered completion dates.
But after a while, editors started complaining that an unusual number of new writers were able to write a gripping opening but lacked the skills to carry the story through to the end. Well, what did they expect? They were selecting for the ability to grab the reader in those first chapters. Read more