Have you ever thought about creating a business from your successfully published book? When people think of publishing a book successfully, they think about the books selling over and over, providing them residual income for years to come. What people don’t understand is by publishing a book successfully, they open many doors to new income streams. There are many businesses you can create from publishing a book successfully.
Having a best-selling Amazon status gives you the credibility to share your knowledge with others. This ultimate guide to businesses you can start from publishing a book successfully should give you some great ideas on how to leverage your skills and grow your income.
The Ultimate Guide to Businesses You Can Start From Publishing a Book Successfully
1. Author Coaching Business
Successfully publishing a book allows you to teach others to achieve their dream too. You can set up different packages in your business. One session could be for a quick 15-minute call to assess if the indie author path is right for your client.
Another package could be to help get the book ready for publication. For this package, think cover design, editing, interior formatting, etc. A third package could be for how to upload to different publishing platforms.
While another session could address marketing and launching a book. Your expertise will be especially valuable to new authors who can get overwhelmed by all the information out there. You can also serve veteran independent authors who have a book or two under their belt but aren’t seeing the results they want.
2. Copywriting Business
You can start a copywriting business for indie authors only. Your book is selling so you know how to write compelling copy. You can offer your skills for web sites, landing pages, and book descriptions. Most authors find it difficult to write persuasive copy, so this could be a very lucrative business with the right clients and competitive pricing.
3. Email Copywriting Business
Email copywriting is different from copywriting in that you are writing promotional emails and email sequences. Copywriting is a lucrative option since you are writing several emails at a time and can price single templates and packages accordingly.
4. Speaking engagements
You can travel the country speaking about your writing journey and your book.
Develop some e-courses to sell on your web site. Therefore, one course could be about research and idea development. Another class could be about how to publish a book, and yet another one could be about launching and marketing. E-courses are a great way to earn some passive income, be sure you respond to every email that comes in with questions.
More Exciting Business Opportunities
6. Elite Coaching Business
Once you get more established and have learned much more about the publishing industry, and what methods work for you to accelerate your success, you can offer elite coaching to a select group of individuals, say 10-15 to help accelerate their progress too. You can make much more by charging premium pricing for your time.
7. Book Cover Design Business
If you have received excellent feedback on your cover (not just feedback from friends and family) and have an eye for design, you may want to contemplate starting a book cover design business.
8. Interior Book Design Business
As mentioned above; if you have received compliments about how professional your book looks and you formatted the interior yourself, you may want to consider starting an interior book design business.
9. Amazon Book Business
One book isn’t going to be enough to sustain you for the long haul. Keep writing and putting out books, building a robust business for your hungry readers. Therefore, a book business is one of the easiest businesses for a beginning author to start.
10. Illustration Business
If you have published a few children’s books and are getting good feedback from your readers about how professional they look, you may want to start an illustration business that caters to indie authors. For example, some illustrators offer illustrations only and others offer illustrations and cover design.
Monetizing Your Skills
11. Editing Service
We all have our strengths and weaknesses. If you are a stickler for grammar, sentence structure, punctuation, and story flow, it could be worth offering your services.
12. Book Blur/Descriptions Service
Do you have a way with words or mad copywriting skills? Make your clients and yourself money by writing book descriptions that sell.
13. Marketing Materials Service
For instance, can you design a gorgeous Facebook banner or post image, Pinterest graphic, business cards, or other marketing materials?
14. Speech Writing/Coaching
Are you a nonfiction author that has traveled all over doing speaking gigs? Offer your speech writing services or even to coach people how to deliver a great speech.
Other Ways to Earn Money with Your Skills
15. Networking Service
Are you good at making connections and pairing people that work well together? Therefore, why not start a networking business? A networking service is a good option for non-fiction authors who go to conferences each year and network online.
16. Blog/Virtual Book Tour Service
If you know a lot about marketing, chances are you booked yourself on a blog tour or virtual book tour. If you are a seasoned professional at doing this, why not offer packages to help other authors set up their blog and virtual book tours? However, this is a time-consuming thing, so you may want to service only a select number of clients a year and charge premium prices.
17. Podcast Booking Service
Also, if you are a seasoned author who has done many podcasts, you may want to offer services to authors to get them booked on podcasts as well. Moreover, you can choose to work with a select number of clients during a year and charge premium prices for your time and expertise.
However, you may want to consider partnering with a virtual assistant to help you keep everything on track when it comes to blog tours, virtual book tours, and booking podcasts.
As you can see, publishing a successful book can open a floodgate of opportunities and income streams. Take some time to assess your skills and decide how you want to level up your author business today.