It is estimated that only one in twenty authors become a bestselling author.
What's worse is that around one in a hundred authors actually earn a living by writing . In fact most authors find it very difficult to make back what sunk into their book.
What does the 1% do differently? Even more important, can you become one of the few?
They've learned the formula for how to write a book, get it on the bestseller lists and earn lots of money.
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 put these factors into practice, you could earn an additional 6 to 7 figures of income from each book you write in the future.
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. It transfers your knowledge for people to use and enjoy via a traditional format. You'll have a far greater level of success when you realize that you can communicate the exact same knowledge in other ways that sell just as effectively. When you're planning 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 an additional income stream, but also a very effective marketing system, because the book sells everything and everything sells the book.
Key Factor 2 – As your write the book, stick in all of the necessary ingredients and some of the enticing ones, and you'll find your book is much easier to promote, market, and sell.
There are several 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 enticing 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 retail stores 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. Some features that all New York Times Bestsellers have in common are: captivating stories that make a point, relevant quotes, testimonials, resources listings, and an index.
Key Factor 3 - Proactively begin pre-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.
You need to learn what it takes to make your book a bestseller. For instance, not all sales of books help the book towards a bestseller status and it's vital to know which ones don't. Keep the focus to only those that matter and compress the sales during an appropriate period of time and if you have done your homework and created the right sales volume you'll have a guaranteed winner.
ACTION POINT: If you want to find out how to write a book that makes money and becomes a bestseller, then follow the secret recipe that others use to hit 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.