It is estimated that only one in twenty authors become a bestseller.
What is even 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 they've invested.
How does that 1% do it? Even more important, can you become one of the few?
They've discovered the secret for how to write a book, make it a bestseller and earn lots of money.
It isn't just a lucky strike, 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 key success factors to writing a bestseller and making money from it.
If you learn and implement these factors, you could get 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 each book has highly enticing products to go with 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'll have a far greater level of success when you realize that you can transfer the exact same knowledge in other acceptable forms that sell just as effectively. When you're planning your next book, proactively plan your other products so that your book is an intentional part of your business. 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 – When writing your book, add in all of the essential components and most of the desirable ones, and you'll find your book is quite simple to promote, market, and sell.
There are a few ingredients that are essential to creating a bestseller, and some of them must be designed in from the beginning. There are also some very desirable features which increase the value and marketability 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. Some features that all New York Times Bestsellers have in common are: testimonials, resources listings, captivating stories that make a point, relevant quotes and an index.
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.
If you want to make your book a bestseller, then you should learn what it takes to do so. For instance, not all sales of books count toward bestselling status and it's vital to know which ones do and don't. Keep your attention to only those that count and concentrate the sales during the best time span and if you have studied what you need to and created the right sale quantities 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 formula that the top 1% use to 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.