It is estimated that only one in twenty authors become a bestselling author.
What is even worse is that only 1% of authors actually earn a living 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 learned the formula for how to write a book, get it published, make it a bestseller and for it to make a lot of money from them.
And it's not just luck, 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 most important factors to successfully writing a bestseller and making money from it.
If you learn and use these factors, you could receive an extra 6 to 7 figures from each book you write in the future.
Key Factor 1 - Create a business from each book so that each book has highly enticing products that accompany it.
A book is more than just paper with words all over it. 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 communicate that knowledge in other acceptable ways that sell just as effectively. When you're thinking about your book, proactively plan out your other products so that your book is an intentional part of your business. 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, add in all of the essential components and some of the desirable ones, and you'll find your book is quite simple to promote, market, and sell.
There are several components which cannot be ignored when creating a bestseller, and some must be designed in from the beginning. There are also some highly desirable features which help to increase the marketability and value 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 and are therefore very desirable. Some features that all New York Times Bestsellers have in common are: relevant quotes, testimonials, resources listings, captivating stories that make a point, and an index.
Key Factor 3 - Proactively begin selling your book while writing your book and guide pre-sales to as much 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 sales of books count toward becoming a bestseller and it's extremely important to know which ones don't. Keep the focus to only those that count and compress the sales during an appropriate span of time. If you have done your homework and created the right sales volume you'll have a guaranteed winner.
ACTION POINT: If you want to know how to write a book that makes money and becomes a bestseller, then follow the secret recipe that top authors 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.