Author

Business Idea: Become An Author in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$227K
Avg Startup Costs
$5.89K
Score
89
Market Size
Avg Revenue
Min Revenue
$200/month
Max Revenue
$1.5M/month
Avg Days To Build
90 days

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?

Learn more about how much money authors make.

Startup Costs

How much does it cost to become an author?

  • It can cost as low as $5 to become an author.
  • It can cost as high as $5,000 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.

$1.5M Monthly Revenue
Read by 8,528 founders

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+.

$1.3M Monthly Revenue
Read by 9,254 founders

See full list of successful authors.