January 8, 2008
News & Opinion: Suzy Welch earns big advance
Still, seven-figure advances like Kostova's aren't common, for celebrity or debut authors, fiction or nonfiction. That's why it is big news in the New York Times this week that Suzy Welch, the former HBR editor and the wife of Jack Welch, has agreed to sell the rights to her new book, "10-10-10," to Scribner, an imprint of Simon & Schuster, for a seven-figure advance. The premise of the book is this:
"Based on an article Ms. Welch wrote for O, the Oprah Magazine, in 2006, the book offers strategies for making decisions in which people think about what the consequences of a decision will be in 10 minutes, 10 months and 10 years."
The Historian was a run-away best seller; it'll be exciting to see how Welch's "10-10-10" does.
About Dylan Schleicher
Dylan Schleicher has been a part of the 800-CEO-READ claque since 2003. Even though he's stayed on at the company, he has not stayed put. After beginning in shipping & receiving, he joined customer service and accounting before moving into his current, highly elliptical orbit of duties overseeing the ChangeThis and In the Books websites, the company's annual review of books and in-house design. He lives with his wife and two children in the Washington Heights neighborhood on Milwaukee's West Side.