It is estimated that only 5% of authors become a bestseller.
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 difficult to get back what they've invested.
What does the 1% do differently? More importantly, how can you be one of them?
They've found the formula for how to write a book, publish it, make it a bestseller and earn lots of money.
And it's not just luck, 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 most important factors to successfully 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 - Turn your book into a business so that each book has desirable products to go with it.
Your book is more than a lot of paper and ink. Your book communicates your knowledge in a familiar format that others can enjoy and use. You will achieve more success when you realize that you can transfer the exact same information in other acceptable ways that sell just as well. When you're thinking about your book, proactively plan out other products so that your book is an intentional part of your business. 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, add in all of the necessary components and most of the enticing ones, and you'll find your book is easy to promote, market, and sell.
There are a few ingredients which cannot be ignored when creating a bestseller, and some must be designed in from the start. There are also some very desirable features which 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 sell 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 - Be proactive and begin selling your book while you are still writing and control 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 instance, not all book sales help the book towards becoming a bestseller 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 span of time and if you have learned what you need to and created 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 formula that the top 1% use to successfully 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.