Top Business Advice to Authors

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 from their book . In fact most authors find it very difficult to make back what they've invested.

How does that 1% do it? 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 succeed over and over again.

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 figure out and implement these factors, you could receive an extra 6 to 7 figures 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 that go with each book.

Your book is more than a lot of 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 information in other acceptable ways that sell just as well. When you're planning your next book, proactively plan out other products and services 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, stick in all of the necessary ingredients and most of the desirable ones, and you'll find your book is much easier to market, promote, and sell.

There are a few components that are absolutely essential to creating a bestseller, and some must be included from the start. There are also some highly enticing features which expand 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 sell and are therefore very desirable. Some features that all New York Times Bestsellers have in common are: resources listings, captivating stories that make a point, relevant quotes, testimonials and an index.

Key Factor 3 - Be proactive and begin pre-selling your book while writing your book and guide pre-sales to the fullest extent 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 instance, not all sales of books help the book towards becoming a bestseller and it's extremely important to know which ones do. Keep your attention to only those that count and compress 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 learn how to write a book that makes money and becomes a bestseller, then follow the formula that the top 1% 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.