CAN YOU BECOME A MILLIONAIRE FROM WRITING A BOOK?
Many authors today don't make a lot of money from their book, but you can, even if you gave all your books away.
Does that shock you? Don't be.
The reason most authors aren't really profiting from book publishing is because they have a limited perception about what book publishing is.
An average author thinks book publishing is for you to publish a book, then sell and make money. While that is not entirely incorrect, book publishing goes beyond that.
So, to the question, can you become a millionaire from writing a book? The direct answer is YES!
I've worked with several millionaire authors and I am a millionaire author myself. So, if I say you can become a millionaire from writing a book, I know what I am talking about.
If you want to achieve that, you must first work on your perception. You need to understand that book publishing isn't limited to writing a book and expecting one bookstore to sell for you.
If you want to profit big from writing a book, you must be ready to leverage several other opportunities.
THERE ARE SERVERAL WAYS TO EARN FROM YOUR BOOK.
Read that again.
Selling your book isn't the only way to earn from writing a book. This is why some authors write and give their book for free and still make loads of money. Have you ever thought about that?
So, if you want to become a millionaire from writing a book, learn to leverage the serveral ways to earn from your book.
Below are just few ways:
1. You can earn from writing a book by selling your book. This is the commonest one.
2. You can compile your book into a course and sell differently. That will be bringing more income for you aside your book. I've done this well, and I have a client who even paid me 850,000 Naira to turn his book to a course. So this is very strategic.
3. You can coach people on the solution in your book. Most times, readers want to have a one-on-one session with authors after reading their book. This can make you loads of money too, even in one deal.
4. You can create a work book for your book. That can be an added income source from your book.
5. You can turn your book into an audiobook. There are many audiobook lovers. Have you ever thought about the amount of money you will make when you turn your book to audiobook?
These are just few of several ways you can earn from your book. Now if one of these strategies is even capable of turning you into a millionaire, imagine what executing all the strategies can do for you.
So, when next someone asks you if one can become a millionaire by writing a book, I'm sure you know the answer.
And if you are an author and you have been wondering how to achieve the millionaire status with your book, I'm sure you know what to do.
Cheers.
I’m Emmanuel Olatunji, the exceptional being.
Founder, TEBEBA PUBLISHER.
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