Frequently Asked Questions
Click on any of the questions below to get the answers.
FAQ's for Authors/Creators
Crowdfunding is a way of raising money to fund a project. It typically involves receiving small amounts of money from a large number of people who believe in and want to support the campaign. This is primarily done online through social media, personal relationships and crowdfunding platforms.
Fortune Publishing Group helps authors self-publish their own books. Authors retain 100% of their rights and keep 100% of their royalties for books sold. Fortune Publishing Group’s Book Publishing Program provides everything an author needs to self-publish their book.
You must click on the register button in the upper right-hand corner of the website. You must create a username and include your email address. Then click on the register button. A password will be emailed to you to access the platform.
Authors work with Fortune Publishing Group’s Book Publishing Program to create a project on GoFundMyBook.com. Once ready, the campaign will be launched. Funds raised will go towards paying off the remaining balance of the Fortune Publishing Group’s Book Publishing package. Funds raised above the remaining balance will be returned to the author minus a 15% service fee.
Fortune Publishing Group’s Book Publishing Program typically costs $2,497, but because each book is unique, the price is customized for each book project. To account for the fulfillment of perks, the actual fundraising project goal will be twice the remaining balance. Fortune Publishing Group’s Book Publishing Program advisors will assist you in ensuring the funding target accurately matches your goals.
When raised funds are used to pay for Fortune Publishing Group’s Book Publishing Program the service fee is 5%. For funds distributed to the author and not used for Fortune Publishing Group’s Book Publishing Program, the service fee will be an additional 9%. Fees are used to pay credit card transaction costs and maintenance of GoFundMyBook projects.
Step 1. You must click on the register button in the upper right-hand corner of the website. You must create a username and include your email address. Then click on the register button. A password will be emailed to you to access the platform.
Step 2. Open email and click on the text link (to set your password , visit the following address.)
Step 3. delete the text and create a password that you will remember (for best results use letters, numbers and special characters.)
Step 4. Log into www.gofundmybook.com with your new username and password.
Step 5. Select Submit a project in the upper right-hand corner
Step 6. Create your Project.
Step 7. Make sure you scroll to the bottom and select “SAVE” to finish at a later time or “PUBLISH” if you are ready to submit your project for approval. Once submitted allow us 24-48 hours to review your campaign and make it live so that you can start raising money for your book.
Step 8. If you don’t have a WePay account follow this link to create one. Copy and paste this link into a browser for steps: https://support.wepay.com/hc/en-us/signin?return_to=https%3A%2F%2Fsupport.wepay.com%2Fhc%2Fen-us%2Frequests
To Create a Stripe Account:
Copy and paste this link into a browser for steps: https://dashboard.stripe.com/register
Perks are incentives for people to contribute to your book fundraising project. Fortune Publishing Group will setup initial perks and fulfill the delivery of printed books and ebooks. You are encouraged to create more unique perks that you can fulfill. These additional perks can be tied to reaching certain financial targets, known as stretch goals.
The fundraising campaign will last up to 90 days. The campaign will be tied to the production cycle of your Fortune Publishing Group book publishing project. It is important that during this timeframe that you communicate with your friends and family to ask them to contribute. The longer a campaign lasts, the less engagement people will typically have.
Funds raised will be immediately credited towards your Fortune Publishing Group’s Book Publishing Program balance. Additional funds, minus the service fee can be requested. These are typically received within 30 days via WePay or Stripe after your campaign has finished.
FAQ's for Campaign Supporters
Read the author’s bio and book project to gauge if you trust the author will create their book. If the author is running a strong campaign, this is a good sign that the author will follow through, which increases the likelihood of the book being published professionally and delivered to you.