It is estimated that only one in twenty authors become a bestseller.
What's worse is that around one in a hundred authors actually make any significant money from their book . In fact most authors find it very hard to earn back what put into it.
What does the 1% do differently? Even more important, can you become one of the few?
They've found the formula for how to write a book, get it published, get it on the bestseller lists and earn lots of money.
And it isn't just a lucky strike, because some are able to succeed consistently.
There are many factors to writing a successful book, but I would like to focus on the three key success factors to writing a bestseller and making a good profit.
If you learn and put these factors into practice, you could get an additional 6 to 7 figures from each book you write in the future.
Key Factor 1 - Design a business from each book so that each book has highly enticing products that go with 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 exact same information in other acceptable forms that sell just as effectively. When you're planning your next book, proactively plan out other products so that your book is an intentional part of your business. Not only will you have a very additional system of marketing, but also extra income streams, because the book sells everything and everything sells the book.
Key Factor 2 – When writing your book, add in all of the essential ingredients and some of the enticing ones, and you'll find your book is quite simple to market, promote, and sell.
There are a few ingredients which cannot be ignored when creating a bestseller, and some must be designed in from the start. There are also some very enticing features which expand the marketability and value of your book. For instance, you must have an ISBN number and a bar code, plus certain bindings and features so that retail stores can sell your book for you. There are also about 10 features that make your book much easier to market and are therefore very desirable. Having captivating stories that make a point, relevant quotes, testimonials, resources listings, and an index are some of the top features of every New York Times Bestseller.
Key Factor 3 - Be proactive and begin pre-selling your book while writing your book and guide 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.
You need to learn what it takes to make your book a bestseller. For example, not all sales of books count toward bestselling status and it's crucial to know which ones don't. Keep the focus to only those that count and concentrate the sales during an appropriate period of time and if you have done your homework and created the right sale quantities you'll have a guaranteed winner.
ACTION POINT: If you want to learn how to write a book that makes money and becomes a bestseller, then you must follow the recipe that top authors use to successfully reach that goal. Make a decision to use the Key Factors outlined above and keep your eye on the ball, and you'll hit a home run every time.