It is estimated that only one in twenty authors become a bestseller.
What's worse is that around 1% of authors actually earn a living from their book . In fact most authors find it very difficult to get 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 secret for how to write a book, get it on the bestseller lists and earn lots of money.
It isn't purely luck, because some are able to do it over and over again.
There are many success factors to writing a good 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 add an additional 6 or 7-figures to your income from each book you write in the future.
Key Factor 1 - Turn your book into a business so that each book has desirable products to accompany it.
A book is more than just paper and ink. It transfers your knowledge for people to use and enjoy via a traditional format. You will achieve more success when you realize that you can communicate that same information in other acceptable forms that sell just as well. When you're planning your next book, proactively plan your other products and services so that your book fits into your business in an intentional way. 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 – As your write the book, add in all of the necessary ingredients and some of the enticing ones, and you'll find your book is much easier to advertise, market and sell.
There are a few components which cannot be ignored when creating a bestseller, and some must be included from the start. There are also some very enticing features which expand the marketability and value of your book. For example, you must have a bar code and an ISBN number, 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 promote and are therefore very desirable. Having testimonials, resources listings, captivating stories that make a point, relevant quotes and an index are some of the top features of every New York Times Bestseller.
Key Factor 3 - Proactively begin your book sales 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 instance, not all book sales help the book towards bestselling status and it's crucial to know which ones do. Keep the focus to only those that count and concentrate the sales during an appropriate period of time and 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 know how to write a book that makes money and becomes a bestseller, then you must use the formula 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.