How To Create A Publishing Company That Earns Near 7-Figures Annually
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- เผยแพร่เมื่อ 7 ก.ค. 2024
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Now in my experience, there are four essential steps to creating a publishing company that will actually be super successful. The very first one is to choose a niche that can sustain you and we'll talk more about what I mean by that in just a moment and at the same time that you're passionate about.
Now the second thing that you need to do is you actually need to build a platform or a group of raving fans around that niche.
And then third, you should both create new properties that you yourself create as well as cocreate or publish other subject matter experts in that niche. And four is you're going to simply rinse and repeat steps two and three. Let's jump into this right now. In step number one, you need to actually choose a niche that will sustain you and in support you, which means by the way, that you choose a niche that has lots of passionate buyers and of course you need to be passionate about whatever it is you're selling as well. Now, how do you know that a niche that you're thinking about getting into actually has lots of buyers? Well, one telltale sign to actually look at whether there are other competitors in the niche as well. The more competitors that you have and the more outward successful they appear to be, chances are there are lots of rabid buyers in that niche.
You must also ask yourself, Hey, do I love this subject matter to why I love this niche? In fact, am I passionate about it? The thing is is that if you have both of these things that you're number one, passionate about the niche, and number two, there seems to be a lot of buyers in that niche. Fortunately, I stumbled into publishing when I wrote and then self published my very first book, this little beauty right here called speak on cruise ships, eight easy steps to a lifetime of free luxury cruises, none.
This thing actually launched my career. Now this was a book that I actually self-published and it became very successful. In fact, I cut my teeth on the whole publishing industry with this book and one of the cool things that happened is the book went on to actually earn over a quarter of $1 million. Heck, it's still making money to this very day, but I cut my teeth on the whole publishing industry with speak on cruise ships and that's actually what launched me into the whole arena of publishing, so because I learned so much about publishing and book marketing, I actually then next decided to publish a course called real fast book. Basically that encompassed my new skillset that I learned in publishing my book and making it successful. Now, here's the really cool thing is that course then went on to be even more successful selling in excess of probably $500,000 the last time I checked and it actually started my brand, my real fast brand now, that was the, the beginning of it.
The inception of the brand wasn't with the real fast book. The one thing that you could certainly model here is that as you develop new skillsets and master new things in your own book publishing business, then you could actually look back and create new courses and new materials for people that also want to do that same thing. This is a tried and trued model that actually serves me to this very day. Now here in step one, as I said, your niche must sustain you. There must be lots of buyers in the demographic, but also almost as important is you really should be passionate about it as well. The reason I say that is not every day in the publishing business is a good day. You're going to have some down days and it really, really helps you to be consistent and keep ongoing. If you really, truly love the subject matter.
That's one of the reasons why it's very important to have both a really good sustainable niche that you're actually passionate about and it makes a great hole to build a base for your publishing company. I just wanted to dive in a little further on this idea of finding a sustainable niche with a lot of buyers. So what does that actually mean? Well, it means that there is a fairly large universe of buyers that will buy it, but what's a really good way to figure that out? To figure out whether the niche that you're contemplating actually has this group of buyers, and that's when I really strongly suggest that you actually start at what I consider to be the world's best buyer search engine, otherwise known as amazon.com if you were to look@theamazon.com best seller list, does your niche fit neatly under one of the broad bestseller list?
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Love your helpful videos and positive energy!
Thank you so much!
I just founded a publishing house in Argentina and im gonna follow your advices mate.
Thank you so much for your support! I'm thrilled to hear that my advice is helpful to you. Good luck with your publishing house in Argentina!
Very well done video. I made it all the way through and was fairly entertained and learned much. The first three choices are what's needed, with a repeat for 2 & 3. Easy to remember but will take determination and consistency to achieve.
Thanks for your kind words and feedback. Glad you found the training helpful.
Hi Daniel I love The new look you’re wearing ala’ vintage Matthew Lesko! He was a fond memory on TV. What a great way to capture and keep attention. Great content that you’re sharing in this video. Really appreciate it. I enjoy your podcast tremendously. And I wear the “Real Fast Results” Podcast T-shirt frequently. Donna Rigsby
Thanks so much for your kind words Donna. I’m so happy you got value from the video
Ron Popeil, step aside! What an enthusiastic, compelling presentation that in 20 minutes summarizes an extraordinary amount of terrific money-making publishing ideas. There are countless self-styled gurus offering questionable guidance and courses. Few have the background and actual experience of Daniel. No one is easier to learn from and succeed with. I’ve been following and learning from him since he introduced “Speakers Cruise Free.” Why? Because I make money from what he’s taught me. If you want to be a financially successful writer or publisher, follow Daniel!
Wow! Thanks for such glowing words. Truly appreciate the vote of confidence!
It's very helpful very entertaining and I look forward to see more of your videos. Consider me a fan your program!!!
Thank you so much for your kind words! I'm glad you find my videos helpful and entertaining. I appreciate your support and I'll definitely keep creating more content for you to enjoy!
Thank you for giving big idea
Thank you for your kind words, I appreciate it!
7:20 Business for finding buyers
Awesome content...
Thanks a ton ands thanks for the sub.
Ty
You're very welcome.
Do you update the content of speaking on cruise ships regularly? That is an arena that would interest me.
Not really as the cruise changed the criteria to get booked (4 sea days instead of 3) I lost interest because there are so many fewer eligible itineraries.
Gratitude 🙏
Your comment made my day! I am so grateful for your support and I'm thrilled that my video on gratitude resonated with you. It's amazing to connect with like-minded individuals who appreciate the power of gratitude. Thank you for being a part of my TH-cam community!
Daniel would you ever want to publish your books through one of the mainline publishing companies?
Depending on the deal yes.
Awesome video! What's the name of your publishing company?
Would like to be mentored. I just started my publishing outfit in Nigeria after being an author....
That's great to hear! Mentoring can be so valuable when starting a new venture. Keep pushing forward!
**Results will vary. Do not expect what is promised in this video**
Thanks for your feedback.
🔥🔥🔥
HOW TO FIND THE BUYERS......WHAT IS THE NICHE....???
Thanks for the comment. Not sure I understand the question. Can you point a finer point on it?
*for non fiction
He shook a stick 😂😂😂😂
Indeed I did! lol
Any XML and EPUB job available
Thanks for your comment, there no jobs available right now.
Can you do a publishing for dummies book ? - because your videos good but theres no step by step instruction starting from nothing - its like 99% of people on youtube that only out line the basic princibles of the subject .
Thanks for your question. You could do a series like the "for dummies" books but not the same as that is a copyrighted and trademarked brand but yes... you can start a series that is similar. Also, most of my other videos do offer specific step by step instructions on various part of writing and publishing. You may want to sub and look around at all that I have - danielhallwebinars.com/subscribeyt
Thank you Daniel - your videos have been very helpful because I have published 7 low content books in two days - my only struggle has been trim sizes and bleed lines and merge of pdf files - even drag and drop as I have no computer skills - Now I fear all the high subscriptions raping my bank 😂😂😂 although I am looking forward to seeing the results .
Yes I like that idea of doing a series publishing for thickos would sound too insulting - maybe publishing for newbies a book that translates jargon would be a seller ( this is why I like your videos because theres no waffle )
Who the hell needs "near 7-figures {sic} annually?" Why have more money than one needs?
Tell the greedy US government that. They demand 75% of every dollar earned, when they can simply print money up at the press to service the nations needs without any negative consequences. Don't believe me? Ask Biden, our kind omnipotent president. He and his minions are claiming such a thing all over the web, when housing has suddenly doubled in price, as has food, cars, utilities, and so forth. He claims its caused by New Yorkers and Californians relocating all over the rest of the country, never mind the fact that same events are occurring in those places as well. Only illegal immigrants and real dead heads who fail to earn anything over a lean too, sack cloth, baloney and cheese lifestyle are receiving any subsidy for the gross extortions. All others are being commanded to sign over our constitution and our individual rights to receive two dimes for our complaints.
The idea is money gives you options. With it you can do much good. Thanks for your insights.
@@DanielHall agreed
Got my first title .....how to teach Americans correct pronunciation of the word niche .
thank you for your comment.
You look very woke
Thank you so much for your kind words! I appreciate your support.