How to make money writing academic books

From to the cost of textbooks rose 82 percent. This is often easier for publishers to say yes to because if they sell 1, copies, they have already recouped most, all, or more of their investment in your work, so then they can afford to pay a higher royalty. We imagine a successful author’s life to be idyllic: write a book, or several, sell millions of copies, sit back and relax on a secluded island, living off of your book royalties. Comments Jordan says:. And get the word out through intensive marketing. His Ms.

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One of the most common questions I get from potential authors who are about to write a book is something along the lines of:. At Scribe, our largest client-base is consultants. A book is what establishes a consultant as authoritative and raises their visibility about the competition. Ashley Welch and Justin Jones were in this predicament. They had taken their sales consulting tp, Somersault Innovations, to a high level, but they were not standing out until they wrote their book.

Dispelling the Author Myth

When people think of someone as being a writer they often think in terms of books. However, there are many more ways to make money as a writer. Here are forty ideas to get you started. It seems like everyone has a blog these days, but there is still room for well-crafted blogs that serve their readers with useful, unique, and timely information. If you have academic credentials or want to boost your credibility within the academic community, you might look into writing for scholarly journals in your field, or publishing books with an academic press. The positives are that you retain control of all of the content and any income you generate is yours to keep after taxes, of course. The negatives are that you are responsible for all of the marketing of your book, as well as any expenses incurred to publish it.

Average book authors don’t make a lot of money. But you can, even if you gave away all your books.

One of the most common questions I get from potential authors who are about to write a book is something along the lines of:. At Scribe, our largest client-base is consultants.

A book is what establishes a consultant as authoritative and raises their visibility about the competition. Ashley Welch and Justin Jones were in this predicament.

They had taken their sales consulting firm, Somersault Innovations, to a high level, but they were not standing out until they wrote their book. Kirk Drake owned a successful consulting firm that helped credit unions learn to market and sell xcademic.

For a consultant, a book is the best marketing you can. People have started speaking careers without books of course, but almost all professional speakers eventually write a book; and when they do, the fee they can command usually triples.

John Ruhlin is a terrific example. This is because a academicc is a credential for a speaker. A book is the way people know for writinf you are qualified to speak to their group on your topic.

Kevin Kruse is another great example. One of the best ways to use a book is to establish your authority in your field of service and then use that authority how to make money writing academic books generate new clients.

The fact is, most people have no idea how ,ake pick a doctor or a financial advisor or any other related professional service practice. A book is a great way to establish your authority and show people what it would be like to work with you. Beyond that, it does a great job educating your clients on what they should expect, making your job easier. Michael Lewis has a specialized practice centered around traumatic brain injury.

His book, When Brains Collideis a great introduction to traumatic brain injury and how to treat it, so much aacdemic that his practice has grown over 30 percent in size since the book came.

Sam Marrella saw something very similar bioks to his financial planning firm. After writing his book, he got a barrage of local media and speaking requests, and saw his assets under management double. This is fairly common moey financial planners, as there is always a need for good financial advice and services. If you are a coach of any sort, chances are that people have problems differentiating between you and any other coach—what makes you the expert and why they should work with you.

A book is a great way both to display your expertise and explain what your work with them would be like. A great example of this is Ben Bergeron. He is one of the best Crossfit coaches in the country, but was somewhat under the radar.

So he wrote a book about coaching the top Crossfitters in the game, and now he has to has too many opportunities to keep track of. This is not just true for athletic coaches. Take Cameron Herold for example. Every agency owner knows what a pain client acquisition can be. Deb Gabor had this problem with her branding agency and used a book to not only solve that problem, but to catapult her agency to the next level. She now works with companies like Dell, NBC, and Microsoft, and writong credits her book as the reason her agency stood out from other agencies.

Melissa Gonzalez did the same thing for her design and pop-up retail agency. She put most of what she knew about pop-up retail in her book, and it doubled her business in two years. Mark Sisson is one of the best in this space. He started Primal Blueprint and has published nearly a dozen books about his version of the paleo diet. He sells them on Amazon, and even gives many of them away on his site.

Not only wroting they help people eat right, but Mark also has a complete line of Primal Makee supplements and food that people can buy. What about a book that teaches you what supplements to take, when, and why? Mark has great books on eating that you trust, which automatically give his supplement recommendations more credibility. There are many people who have paid mastermind groups.

James Maskell runs the Evolution of Medicine Summit and mastermind group where tens of thousands of health professionals meet and discuss topics. His book The Evolution of Medicine moeny been a great way for him to find and recruit mlney members.

Ari Meisel runs the Less Doing mastermind group. Many of his clients find out about him and his group through his books. This is exactly what happened to David Kadavy. He wrote a book called Design for Hackers. He wrote it for a very niche audience, and it ended up crushing. He was flooded with design work. He had to create an agency and hand everything off by hiring someone to run it for him and he created a course which does very well. However, if they get the author to come in, give a presentation, and answer questions for a day, they can teach the stuff.

Mona Patel wrote the book Reframe and now holds workshops based on applying the principles in her book. They routinely sell out, and both the book and the workshops reinforce each. The book leads people to the workshop, and she sells copies of her book to people who come to the workshop.

They are trusting you with afademic assets, so they want to know you and understand who you are and what you believe. For Jorge Newbery, this was a revelation. So he wrote a book about his journey, Burn Zones. This only applies to business owners and high-level executives, but for them, there is almost no better way to get great people to work with you than by laying your vision for your company out in a book.

Stephan Aarstol used his book, The Five-Hour Workday to lay out his vision of a different way for a company to work. His vision struck a chordand as result, booos was flooded with both attention for his company and product sales. Thousands of people rushed to apply to work with. Bob Mske has an amazing company that helps big brands use affiliate marketing—but this is really hard to message. So he put his ideas into a book. And in less than a year, he signed up dozens of major brands and grew his company to over employees.

The same thing happened with Phillip Stutts. He runs a marketing agency that helps politicians use digital marketing. What happened? The corporate side of his business more than doubled in a year. If your book teaches something for which there is a high ROI for the reader, you can create what amounts to an advanced version that is delivered as a video course, charge much more money for it, then use the book to push people to that course.

This is rational, because many people learn more easily from video and audio materials than they do from books. His book is about how to use LinkedIn to drive sales in your company, and the book, along with being very good, ends up driving many people to his hhow video course. Jason Fladlien did the same thing. A book is a great way for a company to sell software, especially SaaS software. The best example is HubSpotthe company that invented inbound marketing. What did they do to promote it?

Among other things, they wrote a book called Inbound Marketing. How to make money writing academic books book minimally pitches HubSpot and is instead a massive advertisement for their method of marketing inbound marketingand guess what?

Using their software is the easiest way to actually do inbound marketing. Not only does the book provide real value to the reader, it ends up converting a lot of readers to customers. Another example is Mark Organ. Mark wrote his book, The Messenger is The Message to explain this, and he has seen incredible growth since its release.

Even if you have no business of your own or entrepreneurial aspirations, a book can help you substantially advance your career, either within your current company or by helping you switch careers entirely. Simon Dudley did this with his book, The End of Certainty.

He wanted to move out of video teleconferencing, so he wrote a book about his theories on technological change and how to adapt to it, never mentioning teleconferencing. I can help you. He essentially created a new career. Jeb White is doing the same thing. He was a very successful lawyer, but it no longer served him, and he wanted a new profession.

So he wrote a book about something he did in his spare time : helping poor and underprivileged kids get into top schools.

That book has led to now earning 6 figures a year as a college consultant and enabled him to quit his job as a lawyer. Cliff was one of the original growth hackers, having turned his tiny dating company into the fastest growing public company a decade ago.

So he wrote a book explaining how to do what he did. Next thing he knew, he was being asked to join the boards of companies and to angel invest in hot startups: exactly what he was interested in. Nearly the same thing happened with Jonathan Siegel. He had started and sold almost a dozen software companies and was looking to get into investing. So he wrote a book about all the mistakes and bad information out theredesigned to help new founders. Now, he has his pick of investments and companies to help.

The founders of ro Kentucky Entrepreneur Hall of Fame wanted to get more attention for their cause: so they wrote Unbridled Spirita book about all the famous Kentuckians who started great companies. It took off, and they doubled contributions and increased media attention nearly 10x, just as a result of the book. Books are an underexploited marketing avenue for conferences.

HOW TO WRITE AN EBOOK AND MAKE MONEY (How to Make Passive Income From Ebooks) — HOW TO

His book is about how to use LinkedIn to drive academc in your company, and the book, along with being very good, ends up driving many people to his advanced video course. Going with a big publisher is a way to get as many eyes as possible looking at your book and hope that they adopt it. JanDirk says:. Now this is useful to know. Are you a member of the Textbook and Academic Writlng Association?