In the speaking world, it can sometimes seem like everyone else is ahead of you—landing more gigs, booking more keynotes, charging higher fees, and creating more content on social media.Â
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And as you struggle to “catch up,” they jump a step ahead, by publishing a book.Â
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Great. Now you’re way behind (or so it feels).Â
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After all, writing a book as a professional speaker can establish your expertise and solidify your credibility.Â
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Releasing a book means media coverage, publicity, and maybe even going viral on social media. That media buzz can lead to interviews, guest appearances on podcasts, and features in articles.
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Writing a book can lead to more speaking opportunities. Not to mention the additional revenue stream that comes from royalties and book sales (who wouldn’t want that?).
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And let's be honest, the phrase “speaker and author” just has a really nice ring to it.Â
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All great reasons to start writing—and quick!Â
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Is writing a book worth it?  Â
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Here’s the truth: you’re not behind, and you don’t need to play catch-up.Â
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Your fellow speakers aren’t your competitors, they’re one of your most valuable assets in your speaking business. Their success doesn’t take away from yours. In fact, it’s quite the opposite—in this business, speakers get speakers work.Â
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So, from one speaker to another, let’s see what it really takes to write a book as a professional speaker, if it’s worth it, and how to do it more effectively and profitably. We’ll dive into the science behind book success and reveal a new way to approach book writing.Â
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You see, many speakers have very high expectations after writing a book. It’s only normal to hope for bestselling author status and a significant revenue bump after spending so much time writing, revising, and editing your book.Â
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But the reality might be far from these expectations.Â
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The Science of Book SalesÂ
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According to a 2018 study, “Success in Books: A Big Data Approach to Bestsellers,” over three million books are published each year—including more than 100,000 new titles—but very few attract massive readership.Â
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Researchers discovered that of those one hundred thousand new titles, less than 500 make it to The New York Times bestseller lists—only about 0.5 percent. That means a vast majority of those newly published books sell few copies and quickly fall into oblivion.Â
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A book becomes a New York Times bestseller after appearing on the weekly bestseller list at least once. One in every four books appears on the list only once, while some do spend multiple weeks—even months—on the bestseller list.Â
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The odds of staying on the bestseller list for a whole year are very slim. The study goes on to say that “most books follow a similar sales pattern: the sales increase very fast, reach their peak in the first ten weeks and drop dramatically afterwards.”
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Writing a bestseller is hard. Is it worth the risk?Â
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The speech is the spark. Â
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Using your speech to kick off your book—in other words, writing your book while speaking about it at the same time—significantly decreases the risks associated with book writing. Speaking first can lead to a better book, a much better book.Â
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You see, there is a way to use that same seemingly grim research to write a successful book. But you must start with the speech.Â
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Starting with your signature speech, then writing your book, gives you all the same benefits of writing a book, while increasing your odds of success.Â
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You see, on stage during your speech you can test the ideas you want to put in your book. You get live audience feedback to determine what works and what flops. You can pick up on what questions your audience has, what topics truly engage them, and what is confusing or hard for them to understand. Â
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If you were to write a book first, then speak about it, you might discover too late that there are missing parts or sections that just don’t resonate. And realizing you missed something after publishing your book—something that could have been prevented—is not a good feeling.