That’s what Publish. Promote. Profit. has brought into our company, Best Seller Publishing, in the last less than six months.
Now that doesn’t include hundreds of thousands in other sales through our other funnels and other things that we do. I’m just talking about Publish. Promote. Profit.
Here’s the deal.
I want to give you the big picture of how all of this works. Too many people are focused on the little pictures, right? Whether or not the formatting was done correctly or whether or not every single typo or a spelling error was corrected.
Certainly, we want to create something and you should want to create something that is as good as you can and certainly as perfect as you can, but if you lose sight of the big picture, then you’re in real, real trouble.
Over the weekend, I taught a class on entrepreneurship and it was fun. There were a lot of young entrepreneurs or potential entrepreneurs that were thinking about starting their own business.
Towards the end of the event, there was a question and answer time and multiple people asked me, “what do you think the most important thing is when it comes to entrepreneurship?”
This is a question that I bring up with my clients quite frequently, and I always respond with this: all of us are really in two different businesses.
If I were to ask you, Hey, what business are you in? What business are you a part of? More than likely you would tell me about the thing that you do for the world, right?
If someone asked me, I might say we ghost write, and we help coaches, consultants, entrepreneurs, brick and mortar business owners to write a book, to launch that publish and launch that book to bestseller and then get them on radio, TV, and media so that they can grow their impact and their income and become an authority in their field.
While that’s true, and we do that for hundreds of business owners, the reality is that’s only one of the businesses that I’m in and quite frankly, don’t be offended, but it’s the lesser important business that I’m in.
The more important business that you are in and that I am in is getting my message to the world in such a way that it attracts clients into my business.
If you cannot do that, then guess what? You can’t do the first thing that you want to do. You’re going to have to close your business down, go get a job and not work your magic for the world.
Now we all understand that at least from a theoretical perspective, but many of us don’t take the time, energy, and effort that is needed on that more important business of attracting clients and positioning ourselves as the expert.
This is something that I show my clients and I help to show them is really the big picture with creating a book and that is the what I call the hierarchy of desire.The hierarchy of desire is for someone that is a business owner, understanding that this pyramid really represents how your ideal client views you. @BSPbooks
The hierarchy of desire is for someone that is a business owner, understanding that this pyramid really represents how your ideal client views you.
If they view you as a generalist, somebody that is a life coach or chiropractor or dentist, then really you are at the absolute bottom rung of the pyramid from the standpoint of your client’s desire for you and willingness to give you money and pay you for the magic that you do.
The real impact happens when people start seeing you as an expert, a thought leader, and at the very top of the food chain, a celebrity.
Now, what does that mean? I want you to think for just a moment so that you can prove the truth of this to yourself. I want you to think about the industry that you’re in, what you do, and how is it that you reach your ideal client.
In that industry, there are two, three, four, 10 people that are considered celebrities and thought leaders in that space. If you think for just a moment about that person, I guarantee you that that person is a best-selling author.
More than that, I guarantee you that that person has done other things to give them authority and credibility in the space. Perhaps they were on TV, perhaps they have articles written about them in Forbes or Entrepreneur or Success magazine, they’ve appeared maybe in numerous podcasts and radio shows and blog posts.
So they have this foundation of their bestselling book and on top of that foundation has been built with media and PR to give them further credibility.
Look, it’s true in every industry. It’s true in yours, it’s true in mine and the beautiful part is that it can be replicated if you get the big picture of all of this.The real impact happens when people start seeing you as an expert, a thought leader, and at the very top of the food chain, a celebrity. @BSPbooks
You see to get to expert thought leader, celebrity to raise the level of desire that your ideal client has for you is also to raise the impact that you can make on the world and the income that you’re going to be making.
It’s what I did with my very first book, Life After Death that I wrote 11 years ago, but I did it in conjunction with radio. This was pre-podcast, pre-social media, and I used my book in conjunction with appearances on radio primarily and TV to get my book into people’s hands to position me as an authority in financial services and to grow a brand new business from zero to over seven figures in a year in the worst economy, certainly in my lifetime (2008-2009).
It’s something that is being done today and it’s why I shared you shared with you that this book has done $2,035,347 indirect trackable income into Best Seller Publishing. Why? Because of all the ways that we generate leads, use media, and occasionally do speaking.
The reason that I have these three things at the bottom of the pyramid, the speaking, the media and PR, the lead generation, is because part of the big picture, when you have the authority credibility and the thought leadership that a book and media and PR give you, you then have to translate that in a direct way to people finding you.
The way you do that is you’re going to use your book to get one or more of these three things on a, and these are key terms, systematic and regular basis.
If you love to speak and you want to do more speaking, there are few things that you can do that will help to position you more as a thought leader than standing up above the crowd and speaking, right? Speaking is fantastic.
If you’re speaking in front of the right audiences, then guess what? You’re going to attract the right client into your business. You’ll make a huge impact and an income because of that and your book will get you those speaking engagements.
Maybe you’re like me though when you say, you know what, I don’t want to do a lot of traveling at this stage of my life. I like where I live. I like what I do. I like playing golf on Thursdays. I like my family.
So what are we going to do?
Well, not going to do a lot of speaking.
Instead, I want to focus on using, in my case, media and PR. I’ve appeared on ABC, NBC, CBS, Fox. I use those appearances and repurpose them with paid advertising so I can show people the authority.
I offer my book in a what’s called a free plus shipping funnel.
So people initially say, oh, I want a copy of this book, but they still need to pull out their credit card and give me a little something, right? Just a little something for the trouble. So for shipping $7.95 then they enter my funnel, then they enter my world, and because of that, millions of dollars in revenue.
But you don’t have to do paid advertising to generate leads. You can use a book in conjunction with networking. You can use a book in conjunction with Linkedin. You can use a book in conjunction with free social media marketing that you’re doing.
There are a dozen different ways, but this is the big picture.
The big picture is raising your authority, raising your credibility, raising your thought leadership. Using a book, using media and then repositioning all of that to attract clients into your world. You can do that.
You’re in two businesses. One is the thing that you love doing (and I hope you love doing it), but the second maybe even more important. And that is bringing people into your space and into your world who absolutely love it.
That’s how you publish, promote, and profit. That’s how you grow your authority. Grow your celebrity.
Over this weekend, we just crossed 5,000 books on the desks of my potential clients, actually 5,016. Now, that’s not a super impressive number to be quite honest. Now that doesn’t account for Barnes and Noble or Amazon or any of those places outside of my direct funnel.
But through my direct funnel and purposes, 5,000 of these books and because of that, I’ve been able to track every single one of these $2,035,347 that have come through those 5,016 book buyers that came into my world.
So think about it. 5,000 of these has led to $2 million in revenue. And oh, by the way, it’s not slowing down.
We’re selling about 1500 of these a month and we could sell even more, but we can barely handle the traffic that we’re getting now.
This is how you publish, promote, and profit. This is the big picture. Stop being caught up in the perfectionism of every spelling error and the perfectionism of making sure that everything is done exactly right. Yes, you want a great quality book.
Yes, you want a high-quality graphics and image and all of that, but the more you deliberate, the longer you take, the less opportunity you have to make an income and an impact, and that’s the big picture of being a bestselling author. Hope this is helpful for you.
Publish, promote, profit. It’s what you need to do.