How to Create a Bestselling Book and a Million Dollar Business

The biggest reason most people give up on their dream of being an author is the difficulty of getting signed by publisher. A big New York publisher won't pay an advance or accept a book unless you have an agent, and agent won't want to represent you until you've been published.

On the other hand, there is a steep learning curve for dozens of technically difficult tasks in order to self-publish. The total cost for self-publishing has been in the range of $30,000 to $40,000.

Fortunately for the smart person who wants to write a book and use it to make money, there is a new alternative. Anyone can avoid the publishing catch 22 and get the benefits of a big New York Publisher combined with Self-Publishing.

Strategy 1 – Never sign away your copyrights.

Being in control and making money from your book are the two biggest benefits to seek. You will enjoy these two self-publishing benefits if you find a New York Publisher that doesn't buy the copyright to your book, but instead encourages you to use as much of the content of your book as you want to create other products that will make you money.

Strategy 2 – Get the widest distribution possible for your book.

The biggest benefit of a New York Publisher is the wide distribution of your book. Proactively choosing a publisher with wide dissemination will give you the advantage of sustaining higher sales. This will exponentially increase your income, because each book sold in a bookstore will bring the reader back to your website, where you will sell them your other products.

Strategy 3 – Create a plan for book marketing that makes your book the center of a business.

A great benefit of using a big publisher is being forced to have a good marketing plan. However, you can take it to a much higher level today. You should start creating a bestselling book business as soon as your have your book idea, rather than waiting until it is ready to be printed. You will begin making money from your book right away, long before it is actually published. This can even bring in more money than you'd ever get from a publisher's advance. And your book will sell more copies when it is ready to be printed and shipped, because everything you create will be advertising your book.

ACTION POINT: When you write a book, proactively look for the right publisher using the 3 strategies above and you'll have the best of both worlds. You'll make money all the way through the entire process from book idea to New York Times Bestseller. You'll be able to create a book that becomes an automatic bestseller and might even earn you a passive 6 or 7-figure income.