POPULARITY
Get my Monthly Newsletter here Author and CEO of the Nonfiction Authors Association, Stephanie Chandler, joins Erica in this educational and engaging discussion about how business owners can use a book to build their business. Some of the questions Stephanie answers are: What's the benefit of writing a non-fiction book? How do I know what to write about? What costs do I need to budget for when planning a book for my business? What is the process of writing a book - how do I get started? What's the optimal length of a non-fiction book? Where and how do I find an editor? Stephanie Chandler is the author of several books including The Nonfiction Book Marketing and Launch Plan and The Nonfiction Book Publishing Plan. She is CEO of the Nonfiction Authors Association, a vibrant community for writers, and the Nonfiction Writers Conference, a live event conducted entirely online since 2010. A frequent speaker at business events and on the radio, she has been featured in Entrepreneur, BusinessWeek, The Writer, Writer's Digest, and Wired magazine. Resources Mentioned: Tribes by Seth Godin E-Myth by Michael Gerber Aloha Publishing Blog Post on Book Publishing Budget NonFiction Writers Conference NonFiction Authors Association Connect with Stephanie Chandler | LinkedIn | The Nonfiction Book Marketing and Launch Plan Connect with Erica | LinkedIn | Email List
Matty Dalrymple talks with Stephanie Chandler about LEVERAGING YOUR TRIBE OF INFLUENCE, including the power of tapping into your existing tribe and of expanding beyond that tribe; the value of beta readers to address the problem of obscurity; the downside of promoting outside your target audience, of selling to other writers, and of relying on the "rented real estate" of social media; the importance of creating a reciprocal relationship and exhibiting professionalism; tips for pursuing aspirational contacts; and how each new contact opens a network of others. Links, summary, and transcript at https://www.theindyauthor.com/221---leveraging-your-tribe-of-influence.html If you find the information in this video useful, please consider supporting The Indy Author! https://www.patreon.com/theindyauthor https://www.buymeacoffee.com/mattydalrymple Stephanie Chandler is the author of several books including The Nonfiction Book Publishing Plan. She is CEO of the Nonfiction Authors Association, a vibrant community for writers, and the Nonfiction Writers Conference, a live event conducted entirely online since 2010. A frequent speaker at business events and on the radio, she has been featured in Entrepreneur, BusinessWeek, The Writer, Writer's Digest, and Wired magazine. Matty Dalrymple is the author of the Lizzy Ballard Thrillers, beginning with ROCK PAPER SCISSORS; the Ann Kinnear Suspense Novels, beginning with THE SENSE OF DEATH; and the Ann Kinnear Suspense Shorts. She is a member of International Thriller Writers and Sisters in Crime. Matty also writes, speaks, and consults on the writing craft and the publishing voyage, and shares what she's learned on THE INDY AUTHOR PODCAST. She has written books on the business of short fiction and podcasting for authors; her articles have appeared in "Writer's Digest" magazine. She is a member of the Alliance of Independent Authors.
I'm admittedly taking a bit of a selfish turn in this episode as I get to chat with the renowned Stephanie Chandler.Stephanie, an acclaimed author of "The Nonfiction Book Publishing Plan," is the force behind the Nonfiction Authors Association and the unique Nonfiction Writers Conference - an online event that's been changing the game since 2010. As someone who's graced platforms like Entrepreneur, BusinessWeek, and Wired magazine, she's an embodiment of expertise and passion. Stick around as we delve into topics like the art of 'chunking' your writing, the intriguing world of hybrid publishing, and so much more.Key Discussion Points Stephanie's transition from corporate life in 2003 to a bookstore owner in Sacramento and eventually to being a renowned author and community builder. Crafting a Thriving Community: How Stephanie enriches her community with valuable content, battling the wave of misinformation. "Chunking" the Writing Process: A look at daily manageable writing targets and the echoing effects of consistent book releases. Target Audience's Power: The art and science of niching down and addressing audience-specific challenges. Deciphering Bookstores: The ongoing battle between traditional bookstores and the rise of audiobooks. The Publishing Dilemma: A discussion on the allure of big publishers vs. the liberty of alternative routes. Navigating Hybrid Publishing: A glance at its role in the current market and its pros and cons. This conversation with Stephanie Chandler was both productive and enlightening. From the nuanced intricacies of non-fiction publishing to the evolving landscape of bookstores and publishing routes, Stephanie's insights were invaluable. If you're a budding author or simply interested in the world behind the books you read, this is an episode you wouldn't want to miss.Links Worth Exploring Connect with Stephanie: Website | Facebook | X (néeTwitter) | LinkedIn The Nonfiction Authors Association: Visit The Website The Nonfiction Writers Conference: Learn More Here The Productivity Diet Campaign Page: Check It Out Related Conversation: Episode 335: Mind Map Your Writing with Daphne Gray-Grant Related Blog Post: On Not Writing Thanks to all of the sponsors of this episode. You can find all of the sponsors you heard me mention on this episode on our Podcast Sponsors page.Want to support the podcast? Beyond checking out our sponsors, you can subscribe to the show wherever you listen to podcasts. Click on any of the links below to make that happen.Spotify | Apple Podcasts | Google Podcasts | StitcherYou can also click on this link to paste the podcast feed into your podcast app of choice.Thanks again for listening to A Productive Conversation. See you later.Learn more about your ad choices. Visit megaphone.fm/adchoices
I'm admittedly taking a bit of a selfish turn in this episode as I get to chat with the renowned Stephanie Chandler. Stephanie, an acclaimed author of "The Nonfiction Book Publishing Plan," is the force behind the Nonfiction Authors Association and the unique Nonfiction Writers Conference - an online event that's been changing the game since 2010. As someone who's graced platforms like Entrepreneur, BusinessWeek, and Wired magazine, she's an embodiment of expertise and passion. Stick around as we delve into topics like the art of 'chunking' your writing, the intriguing world of hybrid publishing, and so much more. Key Discussion Points Stephanie's transition from corporate life in 2003 to a bookstore owner in Sacramento and eventually to being a renowned author and community builder. Crafting a Thriving Community: How Stephanie enriches her community with valuable content, battling the wave of misinformation. "Chunking" the Writing Process: A look at daily manageable writing targets and the echoing effects of consistent book releases. Target Audience's Power: The art and science of niching down and addressing audience-specific challenges. Deciphering Bookstores: The ongoing battle between traditional bookstores and the rise of audiobooks. The Publishing Dilemma: A discussion on the allure of big publishers vs. the liberty of alternative routes. Navigating Hybrid Publishing: A glance at its role in the current market and its pros and cons. This conversation with Stephanie Chandler was both productive and enlightening. From the nuanced intricacies of non-fiction publishing to the evolving landscape of bookstores and publishing routes, Stephanie's insights were invaluable. If you're a budding author or simply interested in the world behind the books you read, this is an episode you wouldn't want to miss. Links Worth Exploring Connect with Stephanie: Website | Facebook | X (néeTwitter) | LinkedIn The Nonfiction Authors Association: Visit The Website The Nonfiction Writers Conference: Learn More Here The Productivity Diet Campaign Page: Check It Out Related Conversation: Episode 335: Mind Map Your Writing with Daphne Gray-Grant Related Blog Post: On Not Writing Thanks to all of the sponsors of this episode. You can find all of the sponsors you heard me mention on this episode on our Podcast Sponsors page. Want to support the podcast? Beyond checking out our sponsors, you can subscribe to the show wherever you listen to podcasts. Click on any of the links below to make that happen. Spotify | Apple Podcasts | Google Podcasts | Stitcher You can also click on this link to paste the podcast feed into your podcast app of choice. Thanks again for listening to A Productive Conversation. See you later. Learn more about your ad choices. Visit megaphone.fm/adchoices
Wingnut Social: The Interior Design Business and Marketing Podcast
Are you an interior designer or a thought leader considering writing a book? Well…what does it take to get a book deal? What are options for self-publishing? How do you write a book in the first place? The process is overwhelming, but today's guest, Stephanie Chandler of the Nonfiction Authors Association, is here to walk us through the process. Stay tuned! Stephanie Chandler is the author of several books including The Nonfiction Book Publishing Plan. She is CEO of the Nonfiction Authors Association, a vibrant community for writers, and the Nonfiction Writers Conference, a live event conducted entirely online since 2010. A frequent speaker at business events and on the radio, she has been featured in Entrepreneur, BusinessWeek, The Writer, Writer's Digest, and Wired magazine. ***
Wondering how to find your community of dedicated supporters? In this podcast of the Nonfiction Authors Podcast, we revisit the 2022 Nonfiction Writers Conference to hear Stephanie Chandler's advice on attracting lifelong fans. Listen in for great tips for your path forward, and be sure to check out the lineup for this years Nonfiction Writers Conference at nonfictionwritersconference.com.
Stephanie Chandler is a small business influencer and the CEO of Authority Publishing, a specialist in custom book publishing for business, self-help, memoir, and other non-fiction books. Stephanie is also the Founder and CEO of the Nonfiction Authors Association—a vibrant community for writers—and the Nonfiction Writers Conference. A professionally-trained speaker, Stephanie has been featured in Entrepreneur, BusinessWeek, and Wired. She is the award-winning author of several books, including Own Your Niche and The Nonfiction Book Publishing Plan. Stephanie joins me today to discuss why she started the Nonfiction Writers Conference and how it led to the Nonfiction Authors Association. She explains why writers should cultivate a following whether they're going the traditional or self-publishing route. She reveals the reason she turned away from traditional publishing and enumerates her favorite book marketing secrets and strategies. Stephanie also underscores how podcasting is an effective method of marketing a book and describes why all writers should take the opportunity to speak to their audience. “Whether you do it yourself or go to a traditional publisher, you need to cultivate an audience—a tribe of influenced people who will want to buy the book as soon as it comes out.” - Stephanie Chandler This week on SmallBizChat Podcast: Resources Mentioned: Connect with Stephanie Chandler: Become Your Own Boss Book GIVEAWAY! The 2020 pandemic has been so hard on America's small businesses - and America in general. If you're ready to start your dream business, then look no further! I'm currently giving away 1,000 free copies of my best-selling book: Become Your Own Boss in 12 Months. This book has helped over 100,000 people like you to start, build, and grow their small businesses… and now it's your time to shine. All you have to do to get your hands on a free copy is head over to www.beginmybiz.com/freeoffer to sign up for your free offer. You only pay shipping. Let's End Small Business Failure - Together! Thanks for tuning into this week's episode of the SmallBizChat Podcast - the show on a mission to improve small business success. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show, and leave us a rating and review. Help us spread the word and end small business failure by sharing your favorite episodes with your friends and colleagues on social media. Visit our website or follow us on Facebook, Twitter, LinkedIn, Instagram, or YouTube for more great content, tips, and strategies to improve your small business.See omnystudio.com/listener for privacy information.
This episode is a must-listen for authors at any stage of the publishing journey, even if you're in the writing process. Stephanie Chandler is an author, publishing industry expert, and the founder of Nonfiction Authors Association (NFAA). We discuss her phenomenal journey from corporate America to bookstore owner to NFAA founder, including some of the wins and hardships along the way. She shares her advice for new authors and book-marketing advice to support your success, including the power of a solid author platform and specific niche. Stephanie Chandler is the author of several books including The Nonfiction Book Publishing Plan and The Nonfiction Book Marketing Plan. She is also CEO of the Nonfiction Authors Association, a vibrant educational community for writers, and the Nonfiction Writers Conference, twice-yearly events conducted entirely online since 2010. A frequent speaker at business events and on the radio, she has been featured in Entrepreneur, BusinessWeek, The Writer, Writer's Digest, and Wired magazine. Links from this episode: Nonfiction Authors Association: https://nonfictionauthorsassociation.com/ Book launch checklist: https://nonfiction.lpages.co/book-launch-checklist/ Connect with me at www.stacyennis.com. Follow me on Instagram @stacyennis and on Facebook @stacyenniscreative. To submit a question, email hello@stacyennis.com, message me on Instagram @stacyennis, or visit https://stacyennis.com/contactand fill out the form on the page.
Stephanie Chandler is the author of several books including The Nonfiction Book Publishing Plan and The Nonfiction Book Marketing Plan. She is also founder and CEO of the Nonfiction Authors Association, a vibrant community for writers, and the Nonfiction Writers Conference, twice-yearly events conducted entirely online since 2010. Stephanie shares her ninja strategies to increased book sales both in retail and more! She also talks about the magic of Amazon ads, Author Central, and finding your niche readers before you write your book!
Stephanie Chandler is the founder of the Nonfiction Authors Association and Nonfiction Writers Conference, and author of several books including “The Nonfiction Book Publishing Plan” and “The Nonfiction Book Marketing Plan.” A frequent speaker at business events and on the radio, she has been featured in Entrepreneur, BusinessWeek, and Wired magazine. The post #089 – Stephanie Chandler, Creator of The Nonfiction Authors Association first appeared on Write Your Book in a Flash Podcast with Dan Janal.
SuperCreativity Podcast with James Taylor | Creativity, Innovation and Inspiring Ideas
How To Get Book Reviews Stephanie Chandler is the author of several books including The Nonfiction Book Marketing Plan and The Nonfiction Publishing Plan. She is also founder and CEO of the Nonfiction Authors Association, a vibrant educational community for experienced and aspiring writers, and the Nonfiction Writers Conference, an annual event conducted entirely online. […] The post CL287: How To Get Book Reviews appeared first on James Taylor.
Stephanie Chandler is an expert in business, marketing, and social media and was awarded by Small Business Trends in 2012 as a Top 100 Small Business Influencer. With a passion for writing and public speaking, Stephanie founded the Sacramento Speakers Network, the Nonfiction Authors Association, and the Nonfiction Writers Conference. She is the award-winning author of many books including The Nonfiction Book Publishing Plan, The Nonfiction Book Marketing Plan, and Own Your Niche, which earned a Global Ebook Award for Best Business Book of the Year. Stephanie's expertise has been featured in publications including Entrepreneur Magazine, BusinessWeek, and Wired and has served clients including Visa Business Network, Yahoo! Small Business, Dell, The UPS Store, and American Express Open, among others. Stephanie joins me today to share her insight on book authorship and the publishing process. She discusses why you should take the time to produce a high-quality book that will help you elevate your presence in the professional marketplace. Stephanie also highlights what to consider when it comes to choosing between traditional and self-publishing, and the importance of investing enough money, time, and resources into bringing your book to fruition. “There is no other business card like writing a book.” - Stephanie Chandler This week on the SmallBizChat Podcast: Resources Mentioned: Connect with Stephanie: This episode is sponsored by… Mixmax Mixmax is a powerful email automation tool for business owners, entrepreneurs, and sales teams. Powered with innovative technology and designed to make communicating with clients and customers easier, Mixmax combines the power of Gmail with the efficiency of automation to power the world's fastest-growing companies. It's time to automate, schedule, and engage your clients and customers and systematize your sales process like never before! Try Mixmax for free at Mixmax.com Fix Your Business! Are you ready to run your business with intention? Ready to create a business that allows you to live your dream life and take those dream vacations you deserve? Then you need a copy of my latest book: Fix Your Business: A 90-Day Plan to Get Back Your Life and Remove Chaos From Your Business. Fix Your Business gives you concrete advice on the problem areas many small business owners face as well as the step-by-step process to find solutions so you can live the life of your dreams. It's time to take back control of your business and change how your business is run. Order your copy of Fix Your Business and design your business - and life - with intention. Let's End Small Business Failure - Together! Thanks for tuning into this week's episode of the SmallBizChat Podcast - the show on a mission to improve small business success. If you enjoyed this episode, head over to Apple Podcasts, subscribe to the show, and leave us a rating and review. Help us spread the word and end small business failure by sharing your favorite episodes with your friends and colleagues on social media. Visit our website or follow us on Facebook, Twitter, LinkedIn, Instagram, or YouTube for more great content, tips, and strategies to improve your small business.See omnystudio.com/listener for privacy information.
In this episode, I release an interview I did with the Nonfiction Authors Association Founder Stephanie Chandler. We shed some light on some financial aspects of both writing and publishing. So the guest and host tables are turned for this particular episode, which is always a fun twist on a concept! I’ve provided the complete transcript of our interview instead of “fun nuggets”. I’ll also provide you with the links to the FREE courses on publishing in my Teachable school: Make Publishing Profitable and Fun Make Publishing Fun Summit I also have an excellent course (priced at $197) with 5x #1 NYT bestselling author Carol Kline for authors writing transformational non-fiction. I highly recommend checking that out if that is your genre. If you are looking for the report of the author survey which I discuss in this interview, it is contained in both of my free teachable courses on publishing, so I’ve got you covered. Here is the transcript of our conversation: Stephanie: Well. Hi everybody. Welcome to the teleseminar series for the Nonfiction Authors Association. We are excited to welcome Kathryn Guylay today and we're going to be talking about the financial side of publishing and understanding what that is all about. I am your host, Stephanie Chandler. Always happy to have you join us. As a reminder, we do have the phone lines muted and this session is recorded. This event will last 30 minutes and recordings are available to authority and VIP members of the Nonfiction Authors Association and if you're new to us, in addition to event recordings, members receive many additional benefits including exclusive templates, checklists, and other content released every week. Stephanie: Access to our active member forum on LinkedIn, free admission to local chapter meetings across the US, discounts off the Nonfiction Book Awards, The Nonfiction Writers Conference, as well as our online courses and author toolkits and discounts with our partners including Office Depot, PR Newswire, Gabby Press and VSP. For more visit nonfictionauthorsassociation.com to join us. Sorry, I'm fumbling this morning, but now I'm thrilled to introduce our guest. Stephanie: Kathryn Guylay comes to the publishing industry with a background in management consulting as well as nonprofit management, a numbers girl, she received her MBA in 1995 and went on to work with dozens of multinational corporations across diverse industries. She stumbled into the publishing world many years later after writing her first book, Mountain Mantras, Wellness and Life Lessons from the Slopes. She has since written two children's books and her latest nonfiction book was released just weeks ago and it's called Look Before You Leap: The Smart Authors Guide to Avoiding the Money Pit and Achieving Financial Success in Publishing. Her books have gone on to achieve nine awards and Amazon bestseller status. Kathryn, thanks so much for joining us today. Kathryn G.: I am so thrilled to be here. I'm a big fan of yours, Stephanie, so thank you so much for all the great work. Stephanie: Thank you for that. I love that you're helping authors understand the financial side of publishing. I think it's something we certainly don't talk about enough here. So, and you recently put together a survey to gather some information about that. Who is your audience for this survey and what was your goal in creating that? Kathryn G.: Well, yeah, I think it's important to go back to why I even started to do this project. It took three months and several thousand dollars of my own invested money in terms of some VA time and using some survey tools and advanced survey tools because it was a very in-depth survey. We got some incredible data. So my goal really was, because I'm a numbers gal, I wanted to find out if some of the horror stories that I had heard were true. So I'm part of lots of different author groups and even some masterminds where people have confessed their financial woes to me, I even heard of someone going bankrupt. So it's like really? And then Stephanie, I'm sure you've heard, you hear these get rich quick pitches from people saying, go write a book and get rich quick. Kathryn G.: So there were these two stories that I was trying to reconcile the horror stories and then the get rich quick. And so I said, you know what? I'm going to collect data that I know is real and I'm going to work with the data. I've done lots of surveys in my work as a management consultant. So that was my goal was to find out what the real truth is, and so you also asked about the audience. The participants in the survey were actually across three groups. So I did a different survey for traditionally published authors for self-published and for hybrid because the questions were a little different in terms of asking about advances and investments into the company for hybrid. And then just out of pocket spends for self-publishing. Kathryn G.: So it was about 40 authors that bared their souls. I'm deeply grateful to all of them because there was a lot of questions on the survey across eight different sections that they really had to spend sometimes up to an hour going through the survey. And the idea was that I shared all the results with everyone and we all learned a lot. So it was a great process really to get behind these big stories that I was hearing. Were they true? Were they not true? Stephanie: Wow. Interesting. Well, so let's go through some of that data. What were some of the key takeaways you got from the traditionally published authors? Kathryn G.: So traditionally published authors, I have to say that was the hardest group of authors to enroll in the survey. It was pretty evenly spaced, those 40 participants were pretty evenly spaced, but it was harder to get the traditionally published authors even though it was completely confidential. It's really tough to admit to what is happening with advances today. So I was really surprised to hear that most of the authors are not getting advances or are getting very small advances. Kathryn G.: And in general I also ask them happiness or satisfaction questions. And this is really crazy, Stephanie. I wasn't expecting this, but the traditionally published authors were the least satisfied across all three groups. And I would say what I would attribute that to is that, and this is in reading the comments, is that the expectations were really high from the traditionally published authors and what their results were in the end, probably they just weren’t as high as their expectations. Stephanie: That makes a ton of sense to me that expectations in general for authors are a tricky thing because we all want to be super successful and the reality of publishing is it's so much harder than people realize. How about the self-published authors? What were your findings there? Kathryn G.: They are the happiest group, isn't that great? I was so happy to hear that or to see that. And actually, I also asked about some time questions but traditionally published authors, I couldn't believe it because they have these huge teams behind them. They spent a whole lot more time on their book and this is across development and the distribution and the whole marketing and publicity side of things. I totaled up all the hours and considerably more hours for the traditionally published authors. So when we were talking about self-published, they're actually a little more efficient, which is amazing because I always think of self-publishing as being very entrepreneurial. And so you think it's going to be this crazy time investment and it is. Kathryn G.: It was about a thousand hours on average across all three groups. We're talking about a lot of time, but their satisfaction with higher the self-published authors, and here's the downside is that the self-publish author group, as I looked across the data, they didn't save enough money in their budget for marketing and publicity. So the self-published author groups spent the least amount on marketing and publicity and guess what? They sold the fewest amount of books. Stephanie: Yeah, that makes a lot of sense as well. It reminds me of the school science fair where your hypothesis actually matches the results. Unfortunately, that's the tricky reality of all this. What about the hybrid authors? And by hybrid, what is your definition of hybrid? It's a little different for everybody. Kathryn G.: So good to ask that first. What do we mean by hybrid because going back to, you said science, you take a red flower and you mix it with a white flower and you get a pink flower. Well, you can't really mix traditional with self and come up with hybrid. It's actually an animal of itself. I like to use publishing services company as a way to describe the hybrid. It just basically means consulting model or an author investing model into a company. And what I saw there with the hybrid group was the biggest dramatic differences. Kathryn G.: If you looked at a curve, it wasn't normal in terms of happiness factors and things like that. It was really lumpy on one side versus the other. So what I would say about hybrid publishing is that you really need to do your homework before you invest in a hybrid publishing company. There are some excellent ones out there and there were some really great stories and great results in the survey from the hybrid published group. But there are also a couple of horror stories. So it's about doing your homework really in that area. Stephanie: Did you find that some of those horror stories were with the bigger, I call them the big box publishing firms? Kathryn G.: I took out all the names of any companies or any coaches or anything that gave away anything. I took those all out of the findings report. But I know when I was doing the survey was when Tate Publishing went out of business and I knew this for a fact because I was in touch with the author, there was one author that she was just empty-handed. She had paid in already to Tate publishing. I don't know if you consider them... They are a big company, but they are financially unstable. They took no money from authors and then authors got nothing out of it. Kathryn G.: So it was one of those things where you have to really, you do your homework, you talk to people that have used the services before. You make sure that you are investing in the right company and if you can make sure that they're financially stable. And that can be true also of traditionally published authors. And this wasn't necessarily somebody in my survey, I just heard about this as a friend of mine. Their traditional publisher went out of business and so her book was no longer available. So there're all kinds of things with the financial stability of the company itself. Stephanie: So did you discover any financial traps that maybe authors could avoid? Kathryn G.: Oh definitely. And I would say at the top of the list would be to be really careful about a contract. And so that's going to be in the case of a traditionally published author or a hybrid. You are typically signing a contract upfront and I would definitely suggest that you get a lawyer and yes, that is an investment. But there was one very, very clear story from the survey where this person was trying to get out of a contract and it was costing her probably a whole lot more than if she had just negotiated an escape clause into the contract in the first place. I'll read a quote from, this is from my traditionally published author group. It says, be careful negotiating the contract. Find out all you can about using a traditional publisher before you sign. Kathryn G.: And I know the background story to this author, it turned out that she had signed a contract and they weren't going to distribute her book digitally. So her book really wasn't available anywhere as an ebook and she had to buy the rights back for her book. And so it was just a crazy story from that perspective. So contracts involving a lawyer upfront and then going really back to what I was saying about the self-publishing group, not budgeting ahead of time and not having enough for marketing and publicity. That's just another trap is that you just charge ahead and you don't do a complete budget across all the areas of publishing. And then you run out of money, and in the case of the self-publishing group who sold the least number of books, they also spent by a significant amount, the least amount of money on marketing and publicity. Stephanie: Yeah. I always think back when I got my first book deal, I got it myself and without an agent and when they sent over the contract, I wanted to literally cry. It was so overwhelming. It was 23 pages and I didn't understand half of it and I didn't know what I could ask for or not ask for. And so I ended up hiring a professional who helped me negotiate by contract. But boy, that is something you definitely don't want to navigate alone. And the same side on the hybrid publishing, you want to make sure that your agreement is cancelable. I've heard this from a number of authors who've gone with firms that even though they've paid five or 10 or even 15000 or $20000 to have their books produce, they're locked into a contract for up to two or three years, that is outrageous. So that should never be allowed in a hybrid contract. Kathryn G.: Agreed, yes. Stephanie: Yeah, for sure just great data you uncovered. What are some of the positive results for authors who invest in publishing? Kathryn G.: Oh, I got so many great stories and most of it is in the quotes and I'll just pick one. I think this is from myself published group and it starts out with go for it. And then she had a couple of other things that she put in here and then she said, "After I published my book, I had been out there promoting it. I started getting calls from people saying we're looking for someone to come speak to our organization, we're looking for the experts. You've authored a book, we want you." So the idea is that really book publishing is it changing people's lives and it's making them the authority. It's making them the experts and those are the inspiring messages that I got from the survey. And again like the science experiment that you expect it, but I wanted to see that happy satisfaction results. Stephanie: Yeah, that's exactly what we aim for in the nonfiction world here. What about setting a budget for authors who are embarking on self-publishing and traditional publishing and hybrid? Are there different types of budgets for each of those that you recommend? Kathryn G.: Yes, definitely. And again, this is based on the averages and medians and highs and lows and you're looking at the 25th and the 75th percentile and what it did in terms of book results. But I would say to create a professionally produced book, which is really the goal. If you're going to self publish this yourself, you really need to set aside around $7000 for the book development. And that's everything from logistics to the multiple stages of editing. So developmental editing and copy editing and proofreading, and then really getting a great cover and the interior design, all that needs to be budgeted. And I saw the numbers come out to be about $7000. Now if you want to get a coach that it's not included in that number, so you want to make sure that you include any kind of coaching. Kathryn G.: And I saw on average about three to $5000 in coaching across the different groups. Mostly, again, this is paid in for hybrid or out of pocket for settle. And so that's just the development side. But then as you look at the marketing and publicity, Stephanie, I know we've talked about this before and how marketing and publicity time-wise can end up being even more by a huge factor than your writing time, and I've heard everything from four times to 10 times should be spent a time-wise on marketing and publicity. Kathryn G.: Now, if I said that for cost, like you had to spend four to 10 times the budget on marketing and publicity, I think everybody would just completely shut me out because those are huge numbers. But I would say based on what I saw in the results, that if you can set aside another 7000 for the rest of your whole journey, which is your marketing and publicity and you add the website, the blogs, getting on TV, radio, that's where I saw the best results were actually about $7000 there. So we're talking about $14000 in total. Stephanie: Yeah. And I would think, especially if you're talking about developmental editing, that number could actually be a lot higher because depending on the amount of developmental editing you need, not every author needs a higher level of editing, but I've seen that get pretty expensive. So that's interesting. And the other thing about investing in marketing, I always think this is a tricky part for authors because it's really hard to earn back your investment in marketing because books have such a low-profit margin. And that's why I really encourage the nonfiction authors to think about other ways their book will benefit them. Like that comment you just read about the author who is suddenly invited to speak and got these other opportunities. I just want to call this out and encourage authors to be thinking about the ultimate goal and the bigger picture and can you market beyond your book? Are there other ways you can make it earn money? Where are you hearing from authors that any of them were actually making money? Or are there any earnings reports? Kathryn G.: Well, the sad story is that most books do not earn-out. And I have to say, we didn't even talk about the one component which people might be thinking about, and that's also ghostwriting. And so my survey data said that even traditionally published authors are spending around $25000 out of pocket and that's what the traditional deal. So that's another huge component of the budget that one needs to think about if they want to get help there. But no, the answer is that most books are not actually going to earn out on the book sales themselves. But as you teach, Stephanie, and then I hope everybody is learning today, it's all about the back end, it's the products and services that we can sell to our audiences because they really get to know, like and trust us. Kathryn G.: And that's what a book does. I always encourage people when they're thinking about their book and they get all hung up on the price of a book, I always say, you know what? You're not trying to actually just get somebody to spend $10 or $15 on you. You're trying to get them to spend maybe 10 hours or 15 hours on you to consume your content. That's actually the struggle today, so we just need to get into that mindset of it's about building relationships with our audience for the longterm and the know, like and trust factor. Stephanie: Well, and I'm thinking about our memoir authors and a lot of times they don't have companion services and things to sell. So in that case and really for everybody that's a time to focus on book sales. Can you sell a thousand books to corporations or non-profits or other large agencies that will distribute or give away your books and maybe you add their company logo to your cover, things like that. Did you happen to cover any of that with your survey? Kathryn G.: Oh, that would be the specialty sales. That wasn't in the survey, but you're right, that is whether you want to call it selling books by the truckload or just those specialty sales channels. That is really where I'm hearing again, this is more anecdotally, but then I'm hearing success stories and where people actually, when you're starting to sell books by the thousands, you make your money back, for sure. Stephanie: Yeah. What other insights have we not covered that you gained from publishing this survey? Kathryn G.: Well, I just think it's important for people when they start out, they just need to, again, I really believe that happiness or satisfaction, whatever you want to call it, it's like an equation. It's the reality minus your expectations. So if you have super high expectations and the reality is not so great, then your satisfaction is going to be low. So it's important to think about your goals, about your why in general, what your writing in your nonfiction project. But it's also important to set out your financial budget and then be visiting it, at least on a monthly basis. So I would suggest people create a spreadsheet and they say, okay, what are the parts of development whether it's coaching and ghostwriting, which are some of the big numbers to logistics and editing, and design and cover copywriting if they were going to do some of that for the back of their book. Kathryn G.: Some people hire copywriters as well for the back of their book. Just put the numbers in there, take a look at them and make sure you're okay with them. And if you end up spending that, that you're okay. And then for marketing, the website ads it giveaways, awards, review copies. Stephanie, you talk all the time and I think it's so important about, people they need to set aside a number in their budget to have books that they can give people. And that is a cost, it's actually not a soft cost, it's a hard cost. And so from the get-go, having that number in there I think is really important. And the same thing with publicity, just set it out there and you know what? If your book, it just takes off like a rocket and I'm so excited it does. Then you can adjust those numbers up, but at least you have a way to gauge, again that satisfaction equation you've set some expectations. Stephanie: Yeah. And I know you're not an accountant, but the other thing about all these expenses is that you're really creating a business. So these expenses can largely be written off during tax time. Kathryn G.: Absolutely. In fact, I think anyone that's writing a book, especially a nonfiction book, they need to be treating this book, this project, their set of books like a business. And that means getting to know the industry. When I was in management consulting, I didn't just start working on a project without really getting to know the industry well. And we always budgeted that into our whole project, and our process was spending time up front, getting to know, and if I was going into the telecommunications industry and I had just been in a manufacturing industry, I needed to know how that new industry that I was entering, how it works. And what some of the success stories are and what are the pitfalls. It's the exact same thing, if we're treating our books like our business, we need to know the industry in which we're operating. Stephanie: Yeah. And not only that but also just learning some basic fundamentals of starting a business. Because if you aren't already an entrepreneur, which many of our members are, but if you're just starting with your first book, you really are launching a business from the ground up, which has its own pros and cons. Because then you're talking about factoring in writing off utilities and things like that. If you've got a dedicated office space in your home and I think neither of us is an accountant but think that IRS will let you go for, I think it's two or three years before they start to view an unprofitable business as a hobby. So a new business is expected to lose money in the first couple of years. So that really does help to offset some of these expenses. Right, Kathryn? Kathryn G.: Oh yes. I have been in situations where I needed to do that. Stephanie: Yeah. I think every new business owner has been there and so, but that also gives you some incentive to make that spend because it is going to help you offset it at tax time and you're tracking those things and maybe you're hiring additional help with a virtual assistant and it's a great time to get a bookkeeper if you're like me and you absolutely hate numbers. Keeping track of all of that is really important. Are there any mistakes that you recommend that authors try to avoid from all of this? Kathryn G.: Well, gosh, I'm just piggyback off your comment there of finding people to help you. A big mistake is, especially if you're self-publishing is to literally think about it as self. Self-publishing, it's everything but self. Meaning you need a team, you need people to help you. You will be miserable if you try to go this path alone. And I think there is some romantic feeling around getting a cabin in the woods and writing. And we've heard about that, it doesn't work today and whether you want to look at it just like you were saying like, "Oh, I really wanted to find somebody to help me with these tasks." Kathryn G.: You can look at it in almost as a matrix. I look at things on one axis, like what am I good at? And then high, low, and then what do I love to do? High, low. And I can tell you that if I get a low in terms of I like, I don't like to do it and I get a low in terms of I'm not good at it. That's the thing to outsource, so people, do not go it alone. Stephanie: Well, not only that, but I just don't think we should be in charge of any of the protection of our own books. As a former bookstore owner, every day, local authors walked in with their books, wanting to get them placed in the store. And honestly, I think that's what led me to the path of becoming a publisher and working with authors. Because I saw so many books with homemade covers and that old saying we judge a book by a cover is completely true. That can repel readers that make it look like an amateur job and then it's skimping on the editing which will show up in reviews. If you haven't had thorough editing, people are going to notice and they're going to put it in reviews, doing your own typesetting. Stephanie: I met an author a couple of years ago who couldn't wait to show me his book at an event and I literally just flipped through the pages and there were like six different fonts used throughout the book. One paragraph was one font and the next was another font because he thought that looked good and it was so distracting, it was so unprofessional. It was not the way to approach it. So this discussion about the budget is not just a pie in the sky discussion. It's a really important one that if you want the world to take your books seriously, you have to be prepared and maybe start saving now for your future goal of getting your book produced. Would that be a safe piece of advice, Kathryn? Kathryn G.: Absolutely. And a good interior designer and having a budget line item for that would have saved that person's book. The person that gave you that book could have been saved by an interior designer so easily, so quickly. Stephanie: For sure. And I always think back, I came from the Silicon Valley, and I had just made a plan that I was going to quit my job and I was going to open this bookstore and it was a crazy plan. I could admit it looking back now, but I spent a year and a half building a business plan, putting money aside, building a budget and planning for that. And if you're listening to this and you're in the middle of writing your book right now, this is the time to start this planning and prepare for getting the best production possible for your book, and hopefully also investing in good marketing. Kathryn, this has been so helpful. Can you remind everyone where they can connect with you and where we can access your survey data? Kathryn G.: Absolutely. I'll start with the survey data. So that's at my website, makewellnessfun.com and so it's just makewellnessfun.com/authorsurvey and that actually gets you to a 40-page report that summarizes all of the data across this huge survey. And I hope everybody enjoys looking at all the nitty-gritty information there. And then I have a website, makeeverythingfun.com and there, people can access a summit with 27 publishing experts including Stephanie, some great information there and a new podcast called a Positive on Publishing. And then I've got a new course coming out that goes through some of this financial preparation, but just basically industry preparation in general. Stephanie: Fabulous. Well, thank you so much for being our guest today. Kathryn G.: Thank you so much for having me. And thank you for your great work. Stephanie: Thank you. And thanks to everyone listening, we conduct our teleseminars every Wednesday. You can check out the schedule or sign up for the mailing list to get notified about events over at nonfictionauthorsassociation.com I hope you all have a wonderful day.
Stephanie Chandler is founder and CEO of the Nonfiction Authors Association, a vibrant community for writers, and the Nonfiction Writers Conference, a traditional writers’ conference experience conducted entirely online.
Stephanie Chandler is a long-time friend and mastermind partner. We are happy to announce our first book project together – The Nonfiction Book Publishing Plan. Between us, we have almost thirty books. But Stephanie also runs Authority Publishing, so she has experience publishing many more books, focused on almost any audience you can think of. You can learn more about Stephanie on her Speaker Page or Wikipedia. She has been a driving force in the writing community worldwide, and particularly in Northern California. She is the founder of the Nonfiction Authors Association, with chapters all over the globe. On top of all that, Stephanie runs the Nonfiction Writers Conference. The Fall Conference will be held online November 8-9. More details at https://nonfictionwritersconference.com/. (I am honored to be a speaker at this event.) So, with all that going, I don’t know how she found time to talk to me on the SMB Community Podcast, but she did! After helping each other with thousands of business ideas and projects over the last 15-ish years, Stephanie and I finally collaborated on a book. Previously, Stephanie had great success with The Nonfiction Marketing Plan, and I wrote Publish Your First Book a long time ago. So we combined our knowledge of book publishing to come out with this guide to profitable self-publishing. Of course the book has it’s own page here: http://store.nonfictionauthorsassociation.com/book-the-nonfiction-book-publishing-plan/ In This Interview . . . Stephanie gives us some great tips on how to use your book to promote your business. You can tell she knows here stuff when I ask her to apply her ideas to the technology consulting market. She immediate threw out half a dozen ideas about how to use the book to promote your business, get local speaking gigs, and make sure your prospects have handouts with your name on them pinned to the bulletin board. We also discuss the strategy Stephanie used right there: Give your best information up front – hold nothing back. Remember, your prospects (and those you speak to at Chamber meetings, etc.) are not in your business. So they can’t absorb the information as easily as if you were talking to technology consultants. So give them the juicy good information and you will make them hungry to understand. And a great way to get that understanding is to buy your book or engage you in a contract. If you want to engage Stephanie, follow the links below. And I highly encourage you to join the Nonfiction Authors Association and plan to attend the online Nonfiction Writers Conference in November. I promise you’ll love it. Links Mentioned: Nonfiction Writers Conference: https://nonfictionwritersconference.com/ Nonfiction Authors Association: https://nonfictionauthorsassociation.com/ The Nonfiction Book Publishing Plan: https://nonfictionauthorsassociation.com/the-nonfiction-book-publishing-plan-the-professional-guide-to-profitable-self-publishing/ Check out the interview here: This interview is 30 minutes. Listen to the Podcast
Stephanie Chandler is the Founder and CEO of the Nonfiction Authors Association - an educational community for experienced and aspiring writers. She is the author of several books including “Own Your Niche” and “The Nonfiction Book Marketing Plan.” Stephanie has been featured in Entrepreneur and BusinessWeek and is also the Founder of the Nonfiction Writers Conference - an annual event held entirely online and this year scheduled for May 2nd through the 4th. What you'll learn about in this episode: Why Stephanie felt it was important to start her business, the Nonfiction Authors Association The typical member profile for the Nonfiction Authors Association Why you should consider having a book as part of your business development plan How having a book makes you an instant expert The importance of finding your target audience and building a community How to use your book as a stepping stone to where you want your business to go What are some common obstacles to writing a book How you can use your blog content to help you write a book The importance of building a plan and a revenue stream around your book Why perseverance is the most critical skill needed to succeed Ways to contact Stephanie: Website: www.nonfictionwritersconference.com Website: www.nonfictionauthorsassociation.com Email: stephanie@nonfictionauthorsassociation.com Twitter: @Steph_Chandler
Today's guest is Stephanie Chandler is the author of several books, including The Nonfiction Book Marketing Plan: Online and Offline Promotion Strategies to Build Your Audience and Sell More Books. Stephanie is also the founder and CEO of the Nonfiction Authors Association, a vibrant educational community for writers, and the Nonfiction Writers Conference, an annual event conducted entirely online.