Business Idea: Become An Author in 2024
Becoming an author is an exciting journey that involves creating and publishing written works, such as books, novels, or articles that reflect one’s ideas, stories, or expertise.
You can establish yourself through traditional publishing routes or self-publishing, utilizing your literary skills to connect with readers and potentially earn revenue from book sales.
Traditional publishing involves submitting a manuscript to a publishing house or literary agent who will review and decide if it is suitable for publication.
On the other hand, self-publishing gives authors complete control over the publishing process, allowing them to publish their work independently and market it on their own.
You can generate income through book sales, royalties, and opportunities such as speaking engagements or workshops.
Revenue & Profitability
How much do authors make?
- On average, successful authors report $2.72M/year in revenue.
- 100% of authors report being profitable.
Learn more about how much money authors make.
Startup Costs
How much does it cost to become an author?
Learn more about the costs of an author.
Examples Of Successful Authors
Successful author businesses and case studies
Adam Witty started Advantage|ForbesBooks, one of America's largest business book publishers with sales over $1.5 million per month, which offers pain-free book creation and specializes in Authority Marketing™ for entrepreneurs and business leaders, achieving seven out of the past eight years in the Inc. 5000 list of America's most rapidly growing private companies, and has been featured in The Wall Street Journal, Investor’s Business Daily, USA Today, amongst others, growing his business through customer referrals, speaking, and advertising both online and offline.
4x New York Times Bestselling Author Tucker Max co-founded Scribe Media in 2014, a book writing, publishing, and marketing service that has worked with over 1,500 authors and generates over $1.3 million a month, with a range of services priced between $10k-$100k+.
See full list of successful authors.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
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