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Writing a Series- To Edit all ones finished or Finish Series??
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Do the querying agents thing for Book 1 until you've exhausted your agent options (all via email, so no cost involved). If you can't get an agent to rep it for traditional publication that might be an indication of several things: your writing craft/style may need to be improved, the story itself and/or characters weren't strong enough to entice the agents, maybe even both, if you are new to writing.
If you have strong interest in Book 1 from agents (and hopefully get a pub. contract!) then you'll know it's worth your precious time to go forward with the rest of the series.
There are several 'stories' of self-pubbed authors that have written series, e.g. Amanda Hocking, who couldn't get an agent or editor to bite, but she didn't want to leave her creative works in a drawer, so she chose the self-pub wrote via Amazon, etc and she basically became a millionaire within a year. The caveat there is you have to have a strong enough story, written well enough and with a concept that appeals to a niche market of readers in order to make a successful go of self-pubbing, and you also have to be willing to self-market, and that takes a lot of work and organization and learning curve of its own.


BUT I disagree that you should wait to see if you have strong interest in Book 1 from agents, to know whether it's worth your while to go forward with the rest of the books. I queried agents for a few months. I self-published when a very prominent agent told me that "New Zealand rugby" wasn't a good hook, because I was pretty sure it was. Nine months and 80,000+ copies sold later, I think I know who was right . . .
Agents and publishers do NOT "know" what will sell. They are GUESSING, and they base way too much of their guesswork on what's selling now--forgetting that by the time your book comes out, it'll be a couple years from now, and something brand new will be "hot." I base this assertion on many years in the publishing business. Having agents turn down your book does not mean it's not salable. (Of course, it also doesn't mean it's salable.) It can just mean that it doesn't fit into the specific couple niches that everyone is looking for right now. So I'd say, pursue the traditional publishing avenue, but try not to get discouraged (hard, I know), and if you don't get any nibbles, put up your first 3 books, polished to perfection of course, and see what happens!
Today, my latest series, I am writing the book as a stand alone with series potential. I doubt I will have to do any editing on that first one when I get to the next book in the series, as I have now learned how to plot with the future books in mind.
If you are considering Self publishing for this series, I suggest you have all, or at least 3 books from the series ready to go before you hit the publish button on the first one. Studies have shown that SP does better when the writer has a steady output of say, I new book every 3 to 6 months to start with and then you can slow down to 6 to 12 months, depending on how prolific you are...
Good luck...