If you are predisposed to view money as something you don’t have, you’ll probably see the price tag for a book coach and run the other way. It’s not worth it, you might think. I can’t afford it, you might say. You will see the cost to write and publish your book as a risk you can’t afford to take. What you are actually saying is I’m not worth it, and you will disqualify yourself without exploring the options.
Writing a Book is a Financial Investment in Your Future
When you make the decision to write a book you must change your mindset. If your focus is just on the dollar amount upfront and not as an overall investment in your financial future, you might miss taking the next right step to financial security.
Meet Joe Fingerhut, Author of Permission To Play How Teens Can Build a Life that is Fun, Fulfilling, and Promising
“I don’t have the money.”
If you’re like Joe, a man who has spent his life figuring out how to get what he wants, you’ll say the same thing he did, “I don’t have all the money — yet.”
Joe saw that writing a book was an investment in his business, that it would be an extension of himself that could help him get more speaking engagements. The expense wasn’t something that would deplete him, it would expand him.
Over the next year, Joe followed my process to a tee, and built the components of his book line by line, chapter by chapter. When he finished his manuscript, it was my pleasure to be his editor and publisher. Of course, he didn’t have the money for that part of the project at the beginning, but by the time he finished writing, it was all there.
About six months after Permission to Play: How Teens Can Build a Life that is Fun, Fulfilling, and Promising hit the market, I ran into Joe at a conference and we sat next to each other.
“How’s the book doing?” I asked him. “What’s it done for your business?”
“Oh my gosh, Nancy,” he said. “It’s unbelievable. Because of the book, I’ve been able to raise my speaking fees. The first time I raised my price I was really scared. But no one even blinked! So I raised them again and I’m still fully booked.”
Being a published author gives you credibility and shows that you are an expert or authority on a particular topic. As an author, you have already proven that you can communicate your message, so event organizers are more likely to take you seriously as a possible candidate for a public speaking gig. New York Times Best Selling Authors can earn anywhere from $25,000 to $50,000 for a single speaking engagement (Source) but you don’t have to be on the Best Sellers list to book an event. The standard starting rate for non-fiction authors is between $2,500 and $5,000, plus the cost of travel and accommodations. (Source) By publishing your own non-fiction book, you become eligible for a pretty good pay rate right out of the gate and immediately present yourself as an authority on that book’s topic. Not only can you give talks based off the title and general subject matter of your book; you can also break your book down by chapter and address its issues in more detail. You put a lot of hard work into crafting your book, and that work can continue to pay off if you can repurpose your content into speaking events.
I Can Help
I have spent more than 25 years developing my process for helping authors share what’s inside of them. I’ve found that everyone has different roadblocks in the writing process-and that each of us must take his or her own path in the creation of their book.
I have developed three tools for writers who are seeking help writing their book, all available online. All of my expertise gained in working as a writing and publishing coach has been distilled into these tools to teach you how to write a book online.
With my three options listed below– Self- Study online writing classes, Executive Group Coaching, and 1 on 1 Coaching Writing and Publishing help – you can choose the pace and the price that feels right for you.
A published book is an invaluable asset when it comes to proving your credibility, and will most certainly improve your reputation and notoriety-an investment in your future! All you have to do is make the decision to write. Let’s get started!
About Nonfiction Book Writing & Publishing Expert Nancy Erickson
Nancy Erickson is better known as “The Book Professor,” a writing and publishing consultant who specializes in helping aspiring nonfiction authors bring their book ideas to market. Nancy works as a book coach assisting authors that write self-help books, biographies, business books, and other nonfiction books through online courses and book coaching. Contact Nancy with questions or to have her speak at your upcoming event by clicking here.