It is estimated that only 5% of authors become a bestseller.
What's worse is that around one in a hundred authors actually make any significant money by writing . In fact most authors find it very hard to earn back what they've invested.
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 published, make it a bestseller and earn lots of money.
And it isn't just a lucky strike, because some are able to do it 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 lot of money from it.
If you learn and implement these factors, you could add an additional 6 or 7-figures to your income from each book you write from now on.
Key Factor 1 - Turn your book into a business so that you are creating highly desirable products to go with the book.
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 transfer that information in other acceptable forms that sell just as effectively. When you're planning your next book, proactively plan your other products and services so that your book is an intentional part of your business. 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 – When writing your book, add in all of the necessary ingredients and some of the desirable ones, and you'll find your book is quite simple to advertise, market and sell.
There are several components that are absolutely essential to creating a bestseller, and some of them must be designed in from the start. There are also some highly desirable features which help to increase the value and marketability 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. 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 selling your book while writing your book and guide pre-sales to as much 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 example, not all sales of books count toward a bestseller status and it's vital to know which ones do and don't. Keep your attention to only those that matter and concentrate the sales during an appropriate period of time. If you have done your homework and attracted 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 use the formula that top authors use to successfully achieve 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.