It is estimated that only one in twenty authors become a bestseller.
What's worse is that only one in a hundred authors actually earn a living by writing . In fact most authors find it very difficult to make back what they've invested.
How does that 1% do it? More importantly, how can you be one of them?
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 over and over again.
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 lot of money from it.
If you figure out and use these factors, you could add an additional 6 or 7-figures from each book you write from now on.
Key Factor 1 - Create a business from each book so that you are creating highly desirable products to accompany each book.
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 communicate that knowledge in other acceptable forms that sell just as well. When you're planning your next book, proactively plan out other products and services 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 additional income streams, because everything sells the book and the book sells everything.
Key Factor 2 – As your write the book, stick in all of the essential ingredients and some of the desirable ones, and you'll find your book is much easier to market, promote, and sell.
There are a few ingredients which cannot be ignored when creating a bestseller, and some of them must be designed in from the beginning. There are also some very desirable features which help to increase the value and marketability of your book. For instance, 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 sell. 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 - Be proactive and begin your book sales while you are still writing and guide pre-sales to the fullest extent possible so that you'll know where your books are going to be purchased and when.
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 becoming a bestseller and it's crucial to know which ones do and don't. Keep the focus to only those that matter and compress the sales during an appropriate span of time and if you have studied what you need to and attracted the right amount of sales 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 secret formula that the top 1% use to successfully reach 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.