🤔 Is There Money In Writing Books? 📚

YES — AND…

1) Your focus needs to be on SELLING books, not writing them.

AND…

2) It depends on HOW MUCH money we’re talking about.

AND…

3) You must know HOW to create that money.

Does that answer your question?

Let’s get into this.

If you’re an entrepreneur and are writing a book, your focus must be on the REVENUE your book generates, not on the art of writing the best book.

Here’s the truth: The writing of your book needs to be “good enough” to get its point across to your readers. Readers who will take the “next steps” with you and your business, which translates to them spending more money with you.

This is the 80/20 Principle. 80% is good enough.

The time spent polishing up the last 20% of writing quality doesn’t translate to dollars, so you don’t need it.

AND… you need to have more to offer than just books.

$130,000 per year puts you in the 90th percentile of American income earners.

Selling a $15 book, you’d need to sell 25 books per day, and that’s before merchant fees, taxes, advertising spend, and Amazon’s 30–60% cut off the top. So, make that 35–40 copies per day.

If you instead had a $25,000 coaching program or mastermind, you need only 6 sales ALL YEAR of that offer to be a top…