It is estimated that only 5% of authors become a bestseller.
What is even worse is that around one in a hundred authors actually make any significant money 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, get it on the bestseller lists and for it to make a lot of money from them.
It isn't purely luck, because some are able to succeed repeatedly.
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 get an extra 6 to 7 figures from each book you write in the future.
Key Factor 1 - Design a business around each book so that each book has highly enticing products that accompany it.
Your book is more than a lot of 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 that information in other forms that sell just as effectively. When you're thinking about your book, proactively plan your other products 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 everything sells the book and the book sells everything.
Key Factor 2 – When writing your book, add in all of the necessary ingredients and most of the enticing ones, and you'll find your book is easy to market, advertise, and sell.
There are several ingredients which cannot be ignored when creating a bestseller, and some must be designed in from the beginning. There are also some highly 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 market. Having resources listings, captivating stories that make a point, relevant quotes, testimonials 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 your books will be purchased in the way and time that will do you the most good.
You need to learn what it takes to make your book a bestseller. For example, not all sales of books count toward bestselling status and it's extremely important 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 created the right amount of sales 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 achieve 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.