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155 | The ROI of Writing a Book: Self-Publish vs. Traditional

155 | The ROI of Writing a Book: Self-Publish vs. Traditional

FromLove, your Money - Wealth, Money, and Financial Advisor for Women


155 | The ROI of Writing a Book: Self-Publish vs. Traditional

FromLove, your Money - Wealth, Money, and Financial Advisor for Women

ratings:
Length:
82 minutes
Released:
Jan 21, 2020
Format:
Podcast episode

Description

In this episode, we’re talking about writing and publishing books. Almost everyone has a book inside of them waiting to be written. You don’t have to be an entrepreneur who wants to spread your message and grow your empire to write a book, either. You could be a doctor looking to share nutritious recipes you’ve crafted for your patients. You could even have a full-time job and a great career, but want to write the Great American Novel to express your creative energy. No matter what you write about, you’ll ultimately have to choose how you’re going to share your book with the world. At that point, you’ll have to decide between self-publishing or working with an imprint of a publishing house. I’ve personally been thinking about writing a book for a very long time. I’ve attended a number of conferences, learned what it’s like to self-publish, and taken a $5,000 course on how to publish traditionally. After doing all of this research, I decided not to write a book at the time, but as my business has grown, I’m actually reconsidering. What I learned from my experience was this: there’s no 100% right way to go. There’s a lot to learn about both methods, and there’s no clear evidence that one is more profitable than the other. What you can clearly understand, however, is how to plan for what writing your book is going to cost you in terms of money and time. For today’s episode of Profit Boss® Radio, I’m speaking to two experts on this subject. First, I’m joined by Julie Broad. Julie is an Amazon Overall #1 bestselling author, an International Book Award Winner, and recipient of the Beverly Hills Book Award for Best Sales Book. Through her company, Book Launchers, she helps entrepreneurs and professionals write, publish, and sell business and brand boosting books without giving up their rights or royalties. After my conversation with Julie, I’m speaking with Joelle Hann. Joelle is the founder of Brooklyn Book Doctor. She’s ghostwritten, collaborated, edited and developed books with top CEOs and humanitarian activists, coaches and journalists, scholars and entrepreneurs, and many others. Joelle also actively writes and publishes her own work, so she knows what it means to be coached and edited. Her signature program, Book Proposal Academy, helps authors write winning book proposals that help them land agents and get attention from traditional publishing houses. Both Julie and Joelle are also currently available for consulting, and you’re going to hear an exclusive offer from each of them if you’re ready to bring your book into the world. So, are you ready to hear all about what it’s really like to publish a book, learn from the experts’ big wins, and find out about the mistakes you need to avoid? Then you don’t want to miss this episode. Tune in to Profit Boss® Radio today! Here’s what you’ll find out in this week’s episode of Profit Boss® Radio: How to approximate the costs of writing a book - and why not to assume it will ever pay for itself. Why authors need to be thinking like marketers regardless of whether or not they partner with a publisher. Why writers who have had success with traditional publishers are now choosing to self-publish. The difference between self-publishing and hybrid self-publishing - and why Julie isn’t a fan of hybrid. How much you can expect to pay for a highly experienced ghost writer. The difference between a developmental editor, a copy editor, and a proofreader - and why you need all three. How the most successful self-published authors are achieving massive sales numbers - and how Julie’s book, after being rejected by a major publisher, generated six figures in revenue and attracted serious interest from future business partners. The biggest mistakes that self-publishers make and how to avoid them. What expenses to budget for in order to meaningfully launch a self-published book. When you should consider working with a traditional publisher. What traditional publishers are looking for - and why you don
Released:
Jan 21, 2020
Format:
Podcast episode

Titles in the series (100)

Tune in to hear your host Hilary Hendershott, CFP®, MBA, a fiduciary financial advisor, inspire and empower women on their financial and professional journeys. Profit Boss® Radio features both real-life listener stories and expert guest series on how to overcome financial obstacles and attain financial success. Get comfortable thinking and talking about money, and join a powerful tribe of women who are casting off self-limiting beliefs, deciding to be rich, and learning how to reach their financial potential. Hilary’s pragmatic approach to money, no-nonsense attitude, and sophisticated topics combine to create a podcast worthy of its 5-star rating. To learn more about Hilary, read, listen, or watch the show, follow the blog, or to connect directly visit www.hilaryhendershott.com. By Hilary Hendershott, CFP®, MBA, Fiduciary Financial Advisor