Principle of the Most Successful Authors

According to the Association of American Publishers,Only ten books sold more than a million copies each,
83 per cent of Americans want towrite a book, but fordemonstrating that one thousandth of one per cent of
those who follow through, the publishing industry hasbooks printed make it to seven-digit sales.
grim news. Publisher's Weekly reported that in 2004Robert Kiyosaki, creator of the Cashflow Game and
Nielsen Bookscan tracked sales of 1.2 million books.the Rich Dad, Poor Dad series, saidthat his book is his
Unfortunately, the vast majority did not even sell abest business card. Mark Victor Hansen, co-creator of
hundred copies.the popular Chicken Soup for the Soul series, stated
The number of books that sell over one hundredthat the best lead generator is a book. These two
copies is minimal, with 950 thousand selling fewer thanexamples demonstrate a profound principle.
99 books. What this indicates is that just over two perThe most successful authors do much more than sell
cent of the total number of books published break intobooks. The money earned in royalties is incidental
triple digit sales.income as compared with what they generate from
Taking a look at the cream of the crop, 200 thousandincome streams such as speaker fees, workshops,
titles sold fewer than a thousand copies. Only 25home study programs, coaching programs, consulting
thousand books sold more than 5 thousand copies.fees, and other high end products and services.
Fewer than 500 sold more than 100 thousand copies.