Joshua Pearson - October 24, 2019During today’s show, the hosts talk about productivity, attempt to dispel the myth that writing fast is equal to churning out drivel, and discuss ways they’ve gotten more efficient at writing and publishing. They also discuss some data from K-lytics that gives some concrete numbers on how many sales you need of how many books to break $100,000 a year.
Fact: The easiest way to increase your income is to publish more books.
Fact: The more books you have, the less you have to worry about marketing each individual title to get the same results.
Proof in numbers, data from K-lytics:
For ebooks in the Kindle store on Amazon:
- 1 ebook priced at $4.99 and averaging a 1,000 sales ranking over a year will earn you $123,300 in royalties.
- 80 ebooks priced at $4.99 need only maintain a ranking of 75,000 during the year (around a sale a day) to earn $107,600
Why writing a lot is helpful
- Success comes from writing good books.
- The more you write/revise, the better you get.
- Even small amounts of money per book add up.
- Readers trust prolific writers more than one-hit-wonders.
How to increase the word count while maintaining quality
- Know it’s possible. (See Frederick Faust)
- Trust your experience. The more you do, the more you know, the fewer mistakes you make, the faster you can produce something good.
- Trust your knowledge. If you know a lot about the topic, the information comes more readily to your mind. (“Flow State”)
Lessons from Rachel Aaron’s 3 “Triangle” in her book 2k to 10k.
- Think of the book like a series of movie scenes.
- Make a brief outline of upcoming events.
- Learn your most productive times to write and take advantage of them.
- You work faster when excited, so make exciting scenes.
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