Thread by @RealNaijaGuy

How to Grow Your Income By Writing Books. (THREAD)

(Remember to retweet for others)

If you've not written a book yet, you should start one.

And if you've started one, but abandoned it, you should get back to it.

Why?

- writing a book helps you establish yourself as a subject matter expert.

It positions you as an authority in your niche.

- Writing grants you access to high network and networth circles in the business world and opens you up to opportunities.

- It significantly increases your earning power, especially if your work gets endorsed by a respected person or you organization.

So, stop contemplating already.

Start writing.

How can you squeeze out the money from doing this?

Here's how:

1. Write on a topic that crosses point between what you love and have knowledge of, and what the market needs.

This way, you write with passion and also make money.

2. Carry your followers along, as you write.

You are not writing for yourself. You are writing for them.

Bring them along the journey and share your experience.

When people are expecting your book, they have little resistance to pay and also help you promote it.

3. Promote your book for weeks and use a launch strategy.

First start with a prelaunch with a preorder price.

This could be 50% of the original price you hope to sell the book.

You can promote this for weeks or even months.

I know someone who has already made over 4 million in 2 months promoting a book that is yet to launch.

Using a launch strategy helps you make money even before the book is ready.

4. As people preorder and get a copy, ask them to leave a review.

Use the review to drive more sales.

Remember the power of social proof?

As more people see others talking about your book with excitement, they'll want to buy as well.

This is just the beginning.

If you do this, in 2 months you can hit 6 or even 7 figures.

But you can go even further to make more money from that book.

Here's how:

1. Start a paid community off of the book.

It could be a monthly subscription or quarterly subscription.

Do what's best for you.

But make the community so valuable that when outsiders hear of what is happening inside, they'll want to join.

2. Start a coaching program off of the book.

This could be group coaching or one-on-one coaching.

Of course, this one will come at a higher price point.

If you effectively follow the strategy, in 6 months, you'll hit 7 figures.

The same can work for an online course, except that the process is a bit different.

I'll probably do a thread to explain.

Start now.

Don't forget to retweet for others who made need this.

https://mobile.twitter.com/RealNaijaGuy/status/1326166446741843968