Podcast Summary
Challenging the status quo in publishing: Embrace new ways to solve problems while maintaining profitability in your industry. Consider traditional publishing for wider audience and industry expertise or self-publishing for greater control and faster turnaround times.
Being disruptive as an entrepreneur means challenging the status quo and embracing new ways to solve problems, all while maintaining profitability. This can be seen in the world of publishing, where even large publishers like Hachette are open to innovative deals, as evidenced by Rob Moore's recent 4-book contract. By leveraging your unique talents and passion, you too can disrupt and make an impact in your industry. Regarding the specific question of publishing versus self-publishing, the decision ultimately depends on your goals and resources. Being published by a traditional publisher like Hachette can provide access to a wider audience, distribution networks, and industry expertise. However, self-publishing allows for greater control and faster turnaround times. Ultimately, the best choice depends on your individual circumstances and priorities. Rob Moore's experience of being published by Hachette serves as a reminder that disruptive ideas can still find a home in traditional industries, and that being published doesn't have to mean sacrificing creativity or innovation.
Alternatives to Traditional Publishing: Authors can self-publish or use hybrid publishers for credibility and income, but traditional publishing offers wider distribution, professional editing, and marketing support.
Becoming an author for credibility and passive income is a worthy goal, but getting published isn't necessary right away. Rejections are common, even for famous authors like Stephen King and JK Rowling. Self-publishing or using a hybrid publisher can be viable alternatives. However, having a publisher does come with benefits, such as wider distribution, professional editing, and marketing support. Ultimately, the choice between self-publishing and traditional publishing depends on your goals, resources, and timeline. The key is to keep writing and improving, and not let rejections discourage you.
Self-publishing: Empowering authors: Self-publishing allows for greater control, flexibility, and speed, enabling authors to sell books in smaller quantities, make updates, and potentially attract traditional publishers with impressive sales figures.
Self-publishing offers writers more control, flexibility, and speed compared to traditional publishing. With self-publishing, you can print and sell your books in smaller quantities, make updates as needed, and avoid the lengthy process and potential restrictions of working with a publisher. This approach allowed the speaker to quickly launch and successfully promote their books, ultimately leading to interest from traditional publishers who were impressed by the sales figures. In essence, self-publishing empowers authors to take charge of their own publishing journey and potentially attract the attention of traditional publishers later on.
From Self-Publishing to a Publishing Deal: Self-publish first, then seek a publishing deal for greater opportunities, revenue streams, improved editing, and wider reach.
Self-publishing can be a viable option for authors in the early stages of their career, but partnering with a publisher later on can lead to greater opportunities and revenue streams. The author shared his experience of initially self-publishing and then later securing a publishing deal, which brought improvements to his book cover and editing, as well as expanding his reach to international markets. He emphasized that in the beginning, he was making less per book compared to what he could have made if he had been published, but as his sales grew, so did the publisher's contributions, leading to significant financial gains and expanded distribution. The author's recommendation is for authors to self-publish first and then seek a publishing deal once they have gained some success, allowing them to maximize their earnings and reach a wider audience.
Expanding Reach and Sales with Publishing Partnerships: Strong publishing partnerships can lead to new editions, increased sales in various formats, translation rights, valuable advice, and discovery by new audiences.
Having a strong publishing partnership can significantly expand an author's reach and sales. The speaker shared their experience of working with Hachette, which led to the release of new editions, increased sales in various formats, and translation rights for their new books. Additionally, the partnership provided valuable advice on content, editing, and strategy. The author's books were also discovered by new audiences in airports, social media, and through celebrity endorsements. Overall, the author expressed pride and privilege in their four-book contract with Hachette and encouraged aspiring authors to consider building similar partnerships.
Don't wait for perfection, self-publish and grow your audience: Start writing, self-publish, engage with your audience, and celebrate every success on your journey to becoming an author
If you have a book inside you, the best time to start writing and publishing it is now. You don't have to wait for perfection before sharing your work with the world. Self-publishing can be a viable option to get your book out there and even generate income. Once you have an audience and are selling books, you can then consider approaching traditional publishers. The speaker, who sells around 200,000 books a year, emphasizes the importance of community support and encourages listeners to engage with him in his Facebook group, Disruptive Entrepreneurs, for any questions related to writing, publishing, authoring, marketing, and selling books. Remember, every little success is worth celebrating, so don't hesitate to ask for help and share your journey.
Speaker's publisher connection for promising book projects: If you have a compelling book concept, a speaker might connect you with their publisher if they genuinely believe in its potential and value, boosting your chances of getting published.
That if you have a compelling book concept, the speaker is open to connecting you with their publisher. However, they will only make such an introduction if they genuinely believe in the project's potential and value. This endorsement is not given lightly, as the speaker is mindful of their reputation. Therefore, if you're serious about publishing a book and have a solid concept, it could be worthwhile to continue the conversation and explore potential opportunities. Remember, the speaker's support and introduction could significantly boost your chances of getting published.
