Business Book Author

How Profitable Is A Business Book Author? (Updated for 2024)

Pat Walls

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Updated: September 21st, 2024

How Profitable Is A Business Book Author? (Updated for 2024)

So you want to start a business book author?

And the first question that came to your mind was, “well, are business book authors actually profitable?”

With a market size of $115B - there’s plenty of business to go around.

Especially considering:

You could start a business book author with as low as $100
Based on our data, business book authors generate an average of $2.1M per year
You could see gross margins as high as 90% with business book authors

There’s money to be made. Don’t worry.

But, I don't want to spoil it all. Below we’ll cover everything you need to know when it comes to the profitability of a business book author.

Let’s dive in!

Is a business book author profitable?

Yes, a business book author is generally a profitable business. However, you still need to consider several factors since these things always impact the overall outcome.

For instance, since average revenue is $2.1M per year with an estimated gross margin of 65%, you could expect to recover your investment within 7 months or even less.

But of course, it all comes down to how much you earn compared to the potential revenues of your business book author.

To determine whether your business is profitable, you should earn more than your expenses in the beginning months. However, while you're in your first month, it can be challenging to know what to expect.

Therefore, you should maintain a record of your monthly expenses and income to determine whether you're meeting your goals. By doing this step, you can see how your business book author is doing and if any changes or adjustments need to be made to enhance or maintain your efforts.

Is a business book author worth it?

If you’re wondering if a business book author is worth it, the answer is a big YES. With business book authors, you have the potential to earn $2.1M per year (this is based on data reported by real founders).

Further, you could have your initial investment back within months. Simply put, it’s a business worth a shot, especially if you have the resources and make the necessary efforts to achieve or surpass the target.

With a market size of $115B, it will be possible for you to build something that grows and turns into a flourishing business. As such, it’s the type of business you might want to consider starting.

Of course, you must learn and understand every aspect of running a business book author to ensure success. Still, as long as you have the initial investment and can endure a few months before your actual gains, this business could be worth it.

You might want to consider reading more specifics about successful business book authors case studies.

Examples Of Profitable Business Book Authors

Here are a few examples of profitable business book authors, and a few more details about them:

1. Paper Raven Books ($1.2M/year)

Founder of Paper Raven Books, a publishing company, started out as a freelance editor and writing coach. After working with clients and receiving requests for publishing services, she documented the process of self-publishing her own book and began offering it as a service to clients, eventually growing the company to gross $1.1 million in revenue with over 150 clients and an 18-member remote team.

Is it profitable? Yes
How much money it makes: $1.2M/year
How much did it cost to start: $0

I Make $1M/Year Helping Writers Publish And Market Their Books

This case study follows the journey of a service-based business, Paper Raven Books, from bootstrapping with minimal expenses to scaling with a team of 18 members, $20,000 per month in advertising spend, and revenues of $1.1 million per year by package pricing, paid advertising to webinars, and offering smaller introductory packages with practical insights and guidance.

Read this case study

Read by 4,028 founders

2. QWANTIFY ($7.2M/year)

Keith Lynch, the Founder and CEO of Qwantify, came up with the idea for his digital development and marketing agency after receiving requests from colleagues, family, and friends to develop profitable websites for them. With his knowledge, experience, and skills in digital marketing, he launched Qwantify in 2016 and offered a unique selling proposition of a revenue guarantee, which set him apart from the competition. Today, Qwantify is a multi-million dollar per year agency that attracts hundreds of new partner inquiries every month.

Is it profitable? Yes
How much money it makes: $7.2M/year
How much did it cost to start: $1K

How I Started A $600K/Month Ecommerce Development Agency That Offers A Guaranteed $10K/Month Revenue

Qwantify is a digital development and marketing agency that operates a Partner Program guaranteeing websites earn a minimum of $10,000 per month, and since 2016, they have grown to become a multi-million dollar per year digital development agency.

Read this case study

Read by 10,396 founders

3. Fearless Business ($300K/year)

Robin Waite transitioned from running a small marketing agency to founding Fearless Business, a coaching accelerator, after selling his agency for £90k. He leveraged his experience and extensive networking, conducting 125 consultations in his first year, to build a thriving, six-figure coaching business with over 150 international members.

Is it profitable? Yes
What's the gross margin? 90%
How much money it makes: $300K/year
How much did it cost to start: $0

I Make $25K/Month Coaching People on How to Build Successful Businesses

This case study article is about Robin, a business coach and founder of Fearless Business, a business coaching accelerator for coaches, consultants, and freelancers. Through the accelerator, Robin helps one-person businesses productize their offers, raise prices, and improve sales processes, with clients typically seeing results within the first three months, including pitching their new products to 10-20 prospective clients and achieving their financial goals.

Read this case study

Read by 6,213 founders

Learn more about starting a business book author:

Where to start?

-> How much does it cost to start a business book author?
-> Pros and cons of a business book author

Need inspiration?

-> Other business book author success stories
-> Marketing ideas for a business book author

Other resources

How much can you make with a business book author?

With a business book author, you can make an average of $2.1M revenue per year (based on data reported by real businesses).

You can start with an initial investment as low as $100. Then, with proper knowledge and sustained effort, you could have an ROI (return of investment) within 7 months.

How much does a business book author make a week?

Based on our data, average weekly revenue for a business book author ranges around $43.8K. As such, you could see monthly revenues of $175K.

To know if your business book author achieves the weekly profit target, you need to keep track of the total earnings you get per day. Afterward, you'll want to consider subtracting the expenses you have daily.

Learning your weekly profit can also show whether you're hitting your target goal for your business book author.

How much do business book authors owners make?

The income of a business book author owner can vary depending on various factors such as location, size, competition, and the owner's business skills.

But to give you some idea, the weekly revenue of an established business book author is about $43.8K. But this can be lower or higher depending on so many factors - it's almost impossible to say exactly.

While the potential for earning a good income as a business book author owner exists, success in this field requires a commitment to providing quality products and services and building a strong reputation within the community.

Business Book Author Profit Margins

Generally speaking, a business book author can expect profit margin of around 65%. Profit margins refer to the percentage of revenue that remains after deducting all expenses associated with running a business. In the case of a business book author, profit margins can vary depending on various factors, such as the type and quality of products sold, the size of the store, and the level of competition in the area.

However, these figures can vary depending on the pricing strategy, inventory management, and overall efficiency of the business. To maintain healthy profit margins, business book author owners must focus on managing costs, negotiating favorable supplier terms, and providing high-quality products and services to attract and retain customers. By doing so, business book author owners can ensure long-term sustainability and profitability for their business.

Business book author owner salary

The salary of a business book author owner is an unpredictable figure. It's significantly influenced by numerous factors, including the store's location, its size, and the degree of competition. An owner of a well-established business book author, in a prime position, might see an average weekly salary around the ballpark of $28.5K.

But it's worth noting, such numbers aren't always consistent. The earnings can vary wildly, potentially swinging by as much as 80% either way.

Achieving consistent success and maintaining a reliable income stream in this industry requires a deep commitment. It's imperative to offer high-quality products, deliver impeccable customer service, and nurture a trusted bond with the community you serve.

Conclusion

In a nutshell, based on many of our examples, a business book author may be a promising business to start - but the success of your business book author mostly depends on your effort and your approach.

If you focus on these, you'll have a much higher chance of a profitable business book author.

Part of

Starting A Business Book Author: Everything You Need To Know

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