Need more reasons to become a bestselling author? Read on...
Bestselling Authors: Make More $$$
Being a bestselling author opens up new sources of income for you. You can get income from speaking engagements. At those speaking engagements, it also provides you with a venue to sell more copies of your book. Once your book sells big, it is an income stream for you. You can get royalties from your book(s) for years or even decades to come. What's more, you can also expand your book into training programs. .
Look at Anthony Robbins if you want an example. He has built an empire off his first bestselling book that now includes infomercials, presentations, training programs and more. But how hard is it to get this all started and become a bestselling author?
Bestsellers Aren't That Common
One thing that often dissuades new authors from publishing is how much of an uphill battle it is not only to get published, but to reach the status of a bestselling author. Gone With the Wind is widely regarded as a literary classic, but it was rejected over 40 times before it was finally accepted.
Even if you managed to get published with an established publisher, you don't automatically shoot up to the top of the bestseller it. It's estimated that over 20,000 books a year are published in the US. Yet, maybe a couple of dozen titles make the bestseller list. For you see, it isn't just about getting published, there are other factors involved in your book's success: namely distribution, timing and marketing.
However, it goes even deeper than that. If you set a goal of becoming a bestselling author and gear your efforts towards that then most likely you're going to make it. And you're not just limited to print-based publishing anymore. This is the 21st Century. Take advantage of e-book and electronic formats. A decade ago, no one had ever heard of Amazon Kindle, now it is a household word. And if you don't believe that e-books are gaining in popularity, here is a statistic from WIKIPEDIA:
"E-book reading is increasing in the US; by 2014 28% of adults had read an e-book, compared to 23% in 2013. This is increasing because 50% of Americans by 2014 had a dedicated device, either an e-reader or a tablet, compared to 30% owning such a device by the end of 2013." [READ SOURCE]
Ponder that if you will. People's reading habits are changing, and the way they get content is also changing. So you could find yourself a bestselling author, and never one publish a physical book. Ultimately, you want to hit bestseller lists for the reasons above, plus some more.
Remember, you have more options than ever before. So what are you waiting for? Isn't it time to hit the bestseller list?
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