It is estimated that only one in twenty authors become a bestselling author.
What's worse is that only one in a hundred authors actually make any significant money by writing . In fact most authors find it very hard 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 discovered the formula for how to write a book, get it on the bestseller lists and for it to make a lot of money from them.
And it isn't just a lucky strike, because some are able to do it repeatedly.
There are many success factors to writing a good book, but I would like to focus on the three key success factors to writing a bestseller and making a good profit.
If you learn and use these factors, you could earn an extra 6 to 7 figures of income from each book you write in the future.
Key Factor 1 - Design a business around each book so that you are creating great products that 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 that knowledge in other ways 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 the book sells everything and everything sells the book.
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 much easier to promote, market, and sell.
There are several components that are necessary to creating a bestseller, and some of them must be included from the beginning. There are also some highly enticing features which help to expand the marketability and value of your book. For instance, 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. Having captivating stories that make a point, relevant quotes, testimonials, resources listings, 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 you are still writing 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.
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 help the book towards bestselling status and it's crucial to know which ones do. Keep your attention to only those that matter and concentrate the sales during the best time span. 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 you must use the secret recipe that top authors use to reach 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.