It is estimated that only 5% of authors become a bestselling author.
What's worse is that about 1% of authors actually earn a living by writing . 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 learned the secret for how to write a book, make it a bestseller and for it to make a lot of money from them.
It's not just luck, because some are able to succeed repeatedly.
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 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 the same information in other acceptable forms that sell just as effectively. When you're thinking about your next book, proactively plan 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 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 components and some of the desirable ones, and you'll find your book is easy to advertise, market and sell.
There are several ingredients which cannot be ignored when creating a bestseller, and some must be designed in from the start. There are also some very desirable features which help to increase the marketability and value of your book. For instance, you must have a bar code and an ISBN number, 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 relevant quotes, testimonials, resources listings, captivating stories that make a point, and an index are some of the top features of every New York Times Bestseller.
Key Factor 3 - Proactively begin pre-selling your book while writing your book and control 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.
You need to learn what what criteria make your book a bestseller. For instance, not all sales of books help the book towards bestselling status 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 time span. If you have done your homework and created the right sales volume 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 use the secret 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.