It is estimated that only 5% of authors become a bestseller.
What is even worse is that around one in a hundred authors actually make any significant money by writing . In fact most authors find it very difficult to earn back what sunk into their book.
How does that 1% do it? Even more important, can you become one of the few?
They've found the formula for how to write a book, get it on the bestseller lists and for it to make a lot of money from them.
It isn't just a lucky strike, because some are able to succeed repeatedly.
There are many factors to writing a successful book, but I would like to focus on the three most important factors to successfully writing a bestseller and making money from it.
If you learn and put these factors into practice, you could get an extra 6 to 7 figures of income from each book you write from now on.
Key Factor 1 - Turn your book into a business so that each book has desirable products to accompany it.
Your book is more than a lot of paper and ink. Your book communicates your knowledge in a familiar format that others can enjoy and use. You will achieve more success when you realize that you can transfer the same information in other acceptable ways that sell just as well. When you're planning your book, proactively plan out your other products so that your book fits into your business in an intentional way. Not only will you have a very extra system of marketing, but also extra income streams, because everything sells the book and the book sells everything.
Key Factor 2 – When writing your book, stick in all of the essential ingredients and some of the desirable ones, and you'll find your book is easy to advertise, market and sell.
There are several ingredients that are necessary to creating a bestseller, and some must be included from the beginning. There are also some highly enticing features which expand the value and marketability of your book. For example, you must have an ISBN number and a bar code, plus certain bindings and features so that bookstores can sell your book for you. There are also about 10 features that make your book much easier to market. Some features that all New York Times Bestsellers have in common are: captivating stories that make a point, relevant quotes, testimonials, resources listings, and an index.
Key Factor 3 - Proactively begin pre-selling your book while writing your book and control pre-sales to the fullest extent possible so that your books will be purchased in the way and time that will do you the most good.
If you want to make your book a bestseller, then you should learn what it takes to do so. For example, not all book sales count toward becoming a bestseller and it's vital to know which ones do. Keep your attention to only those that count and concentrate the sales during the best period of time. If you have studied what you need to and attracted the right sale quantities you'll have a guaranteed winner.
ACTION POINT: If you want to find out how to write a book that makes money and becomes a bestseller, then follow the secret recipe that others use to successfully hit that goal. Choose to use the Key Factors outlined above and keep your eye on the ball, and you'll hit a home run every time.