Option number 1 (if a regular, traditional publisher picks up your book) can often get you more money and get your book into more hands compared to self-publishing. As a first-time, virtually unknown author, you can expect to get a $5000 advance and 8% of the list price (or at least thatâs what my friends got).
The Oracle at Delphi. Dating back to 1400 BC, the Oracle of Delphi was the most important shrine in all Greece, and in theory all Greeks respected its independence. Built around a sacred spring, Delphi was considered to be the omphalos-the center (literally navel) of the world.
Delphi is based on the principle that forecasts (or decisions) from a structured group of individuals are more accurate than those from unstructured groups. The technique can also be adapted for use in face-to-face meetings, and is then called mini-Delphi or Estimate-Talk-Estimate (ETE). Delphi has been widely used for business forecasting and has certain advantages over another structured forecasting approach, prediction markets.