Tag Archives: 10000 things

The Business of Being an Author

Most authors at some point approach the sales of their book as if there is either some magic involved or as if it is something that some nebulous “other” is supposed to do for them. But book sales are neither wizardry nor a spectator sport. It’s a simple business that works like any other business. To have a successful business, you need capital, a market, inventory, and workers to fulfill the needed roles. Unlike most publishers who leave all these things to the author to figure out, Tate Publishing has a plan for each of them.

Capital – The lifeblood of your business
Without money, no business can succeed. You need it for all the other aspects. You need money to develop your market, to buy inventory, and to pay your workers. Very few people have a cash reserve ready to launch a thriving business from a dead stop, just like very few people can send a rocket into space. If you have that, use it. Start big and fast. If you don’t, start with walking or riding a bike. Buy a few books, sell them, and use the money to buy more. I’m convinced that most authors spend the money they make on books instead of investing in their book’s business, and they die on the vine. The good news is that you can start fresh anytime. If you do this right, you should only have to use your own money once, and then your book sales will support future book purchases and on and on. To do this effectively, you should establish a separate account for your books as soon as possible. It’s a good idea to check with a tax professional to see what tax benefits you can get from doing this. When your book account has more money than your book needs, THEN you can pay yourself out of it.

Market – Who is buying your book?
Expecting someone else to bring the market to you is a fantasy. It only happens that way in the movies. We can help you build an audience, but we can’t do it for you. If you are a Tate Publishing author and haven’t read the niche marketing section of the marketing guide in awhile, it might be time to revisit it. My job as your marketing consultant is to help you buy and sell your books in your niche market. If you don’t know how or where to find people where they gather, how to connect with them, or how to turn those connections into book sales, I am here to help. If you have done these things and stopped, why did you stop? Let’s get started again. When you do this right, working in your market builds capital, which you can use to help you reach more of your market. (If you’re not a Tate Publishing author, you should be. Click the link in our name to get started.)

Inventory – Books on hand
Successful authors have a minimum number of books on hand at all times. Authors who can only schedule one or two events a month may be fine to have 25 books on hand. Authors working events every week should have 50 or 100. Authors who are active nearly every day should reorder when they get down to 200. Managing your inventory is the key to being able to take advantage of unexpected opportunities. Determine how active you can be and work up to your minimum inventory as quickly as possible.

Workers – Whose hands?
Most authors I talk to these days understand their role as the face of the book. Every now and then, I still run across an author who thinks that this is my job or a bookstore’s job or the system’s job to produce book sales. Even among authors who understand their role, I often talk to authors who believe at some point they can put this thing on autopilot and expect sales to roll in. Let me make this clear: you are the CEO of your business. Not me, not Tate Publishing, not Barnes and Noble, and not a distributor. You are the CEO. You have retained our services to help you with marketing advice and publicity contacts to bookstores, non-bookstore venues, and the media, and we’re always willing to help in those ways. However, you don’t want to sit in the back seat of the car until your business is big enough to hire a driver. Don’t give up too early. Building a business of any kind takes time, and building an audience for your book is no exception.

If you keep these things in mind and set your expectations accordingly, you set yourself up for a long and successful career as a writer. As your publishing and marketing partner, we want nothing less for you!

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Filed under Audience building, Growing your platform, Niche Marketing, Reputation building, Uncategorized

Growing Beyond Your Local Area

Last week, I was talking to Sheldon Larmore, author of Be Quiet and Listen. It is the story of his family’s journey through the pain and loss that came through their son David and his will to live as long as possible with spina bifida. After he passed away, they set up a memorial fund to help children with disabilities, and they fund it with the proceeds from their book sales. Sheldon told me they have had great success and feedback locally, but they haven’t been able to get much going beyond that. He and his wife still speak at churches and civic groups at least once a month, which is still quite active. This is a common thing I hear from authors. How do you take that activity to the next level?

Moving your book beyond your local area involves personal appearances, which means the pace will need to be adjusted according to your availability, interest, and desire for doing them. The cost of travel will need to be taken into account as well. This works best when you have established a solid footing locally, so if you haven’t yet, do that first. With all those things in mind, here is the idea:

Whenever you go to a group to speak, ask them who they know in the next town that might benefit from having you come. Then contact those people and set up speaking engagements there, and so on. You can expand out as far as you want to travel. Work towards the major metropolitan areas because you can get in front of more people in less time that way.

The reasoning behind this is that the best way to spread a message is still by word of mouth. Technology has increased the reach for all of us, but it is still word of mouth that causes your audience to grow beyond your reach. So the question becomes, how do you increase word of mouth?

It starts by asking for it. Every time you speak, add a simple sentence to the end: “Tell everyone you know about this.” The fact is that most people won’t do that, but it’s just as much a fact that some will. And those who do will tell a lot of people. And some of those people have reach well beyond just their local area. See Readers, Fans, and Evangelists for more details on getting others to help you grow your audience.

It helps if you give them something to spread. This is where social media fits in. If you speak, start a YouTube channel. Get someone with an iPhone to record a video of you sharing 30-second to 1-minute bites of some of your best stuff. Post them as often as you can (weekly, monthly, etc.) Take the audio and turn it into a podcast. I’m no expert on any of those, but do a Google search of those terms and start educating yourself. If speaking is not your thing, you probably haven’t even read this far, but get better at it or get very good at blogging. You can learn how to do that here.

If you’re reading this thinking, “Man, this sounds like a lot of work!” Congratulations. You’re right! It was a lot of work for the Apostle Paul trying to spread the gospel of Jesus, too. Thankfully, we don’t have to put our feet to the ground (or our boats to the sea) as much as he did, but the attitude and work ethic are the same.

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Filed under Growing your platform, Internet ideas, Niche Marketing, Reputation building, speaking engagements, Uncategorized

Want 10,000 followers? Do 10,000 things!

I had a conversation with my 12-year-old one morning (3rd of 3 sons, 4th of 5 kids) that was a step further than the same conversation we have every morning. He has maybe 3 things he has to do to get out of the house every morning, and I have at least 10. Most mornings, he is standing at the door grousing about being late while I’m going around the house turning off lights.

The difference today was the suggestion I gave him: Instead of complaining about what I’m doing while you’re waiting, look for things you can do to help us get out the door. It wasn’t spoken in anger. I didn’t talk down to him. I gave it to him straight, like the revelation it was for me. I continued as we got in the car, telling him that this is a good lesson for life in general. You rarely control what others do. You always control what you do.

As an author, what do you control?

You DON’T control retailers, distributors, your publisher, your marketing consultant, your publicist, your agent, the media, or the whims of a fickle public.

You DO control the things you do to reach people. So how much do you need to do? If you want to build an audience of 10,000 people, you should plan to do 10,000 things. That means you only need to average one new follower for each thing you do. Some of those things are going to result in a lot more than one new follower. Some will result in none. All are valuable, even if the only thing you learn from any one of them is what not to do!

What counts as a thing?

Small things:
A conversation about your book, a blog post, a tweet, a post on facebook, a bookmark/business card/push card given to someone, making a new connection on LinkedIn.

Big things:
A speaking engagement, a networking event, an email newsletter to a couple hundred people who have signed up to receive it, a booth at a fair or festival, a visit to a book club.

Long shots:
Contacting someone in the national media, presentations to organizations that could potentially buy your book in bulk.

IMPORTANT: What doesn’t count as a thing?
Googling yourself, looking at your sales ranks on Amazon, consulting with the people listed above that you can’t control, reading and re-reading your book for errors, wondering about your book’s sales.

EQUALLY IMPORTANT: None of these non-things are bad, but none of them will help you to build an audience, and that’s what we’re talking about today.

Do 10,000 things strategically, and you’re likely to get the 10,000 followers you need, if not more. The strategy to follow is to do the small things more often than the big things and the big things more often than the long shots. Keep track of everything you do in a notebook, on your computer, somewhere. Measure the results (by doing the non-things) the best you can, but not too often. You don’t want measuring to become the focus, or you’ll spend a lot of time measuring nothing. Make adjustments in what you do according to what the results tell you.

If you focus on 10,000, you won’t be discouraged after doing 100 things and seeing little results. You’ll realize that that is normal, and as you go and learn, you’ll find that each one builds on the things before, and effectiveness multiplies. You may get zero followers after 100 things or even 1,000. Keep going until you get to 10,000. Commit to yourself that you won’t quit until you get there, and you’ll be amazed at your results.

What are some of the things you’ve done that count as one of your 10,000? Comment below!

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Filed under Blogging, Growing your platform, Niche Marketing, Reputation building, speaking engagements, Uncategorized