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Subject:
Money and books
Category: Business and Money Asked by: orangespud-ga List Price: $200.00 |
Posted:
09 Apr 2004 02:25 PDT
Expires: 09 May 2004 02:25 PDT Question ID: 327590 |
what book does the world really need now?-help me make a best seller I will fund someone writing it and finding the best way to publish it and give them 10% of all profit. Patrick Murphy | |
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There is no answer at this time. |
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Subject:
Re: Money and books
From: willie-ga on 09 Apr 2004 02:52 PDT |
Patrick If we could answer this, we would all be rich :) Seriously, there are thousands of writers all over the world trying to answer the same question - trying to predict what next years big thing might be and writing a book that will hit the shelves at just the right time. (So actually, your question should not be....what book does the world really need now...it should be "What book will the world really need by the time I finish writing my book?) But you need to think about what you are offering. If you are going to fund a writer, what are you going to do a couple of years down the line if the book isn't a best seller? Will you be asking for your money back? Would any author be prepared to work under those conditions? And wouldn't an author be more likely to want the money for his ideas for himself, rather than selling the idea for $200 and 10% of a possible profit that might not materialise? You would achieve a better profit by doing it yourself. willie-ga |
Subject:
Re: Money and books
From: carlhollywood-ga on 09 Apr 2004 11:20 PDT |
Patrick, You're likelier to sell more copies if your book is nonfiction. One book that may help you generate ideas is "Damn! Why Didn't I Write That?" by Marc McCutcheon. That book's subtitle is "How Ordinary People Are Raking in $100,000.00 or More Writing Nonfiction Books & How You Can Too!" If you have a strong preference for fiction, the best way to make money might be to write in a genre such as mysteries, romance novels, Westerns, etc. James Frey discusses this in "How to Write a Damn Good Novel." (Interesting that these two great books on writing have the same expletive in their titles!) I agree with politicalguru that it's hard to say in advance what will sell and what won't. What William Goldman said about screenplays seems to apply to books as well: "Nobody knows anything." There are countless stories of bestsellers that were rejected by publisher after publisher... until the 23rd or 42nd publisher said yes, and the book-buying public responded enthusiastically. The best way might be to follow Marc McCutcheon's plan to come up with an idea YOU think will generate a bestseller. If you're passionate about the product, then you'll have the drive necessary to persevere until you succeed. It probably won't be hard to find a writer willing to work with you. In Appendix E of "Secrets of a Freelance Writer," Robert W. Bly says he charged (as of 1997) "50% of advance and royalties or $125-175 per book page" for ghostwriting books. Make sure you get the writer to sign an appropriate contract before he or she starts working on the book: any intellectual property lawyer can help you draft one. If you do a Google search on terms such as freelance writer, corporate writing, commercial writing, etc., then you'll be able to find writers in your area who can do the job. Best of luck! Carl |
Subject:
Re: Money and books
From: carlhollywood-ga on 09 Apr 2004 13:36 PDT |
Here's an expansion of my previous comments: When I said you shouldn't have trouble finding a writer to work with you, it probably goes without saying that your terms would have to be commercially reasonable, but I'll say it anyway. You said you'd fund the writing of the book... that might cost you around $35,000 for the finished product. You might want to build some milestone payments into your contract, for example $5,000 for the first 40 pages, at which time you could review the work and decide whether or not to proceed. If you offer x dollars per page plus a percentage of the royalties, the writer might give you a break on the price per page. It would probably be difficult, though, to find someone who'd be willing to write an entire book "on spec," that is, without any up-front compensation. As the Robert Bly example points out, some people MIGHT do it if they believe in the project strongly enough and get a large enough cut on the back end. But most writers will want to get paid by the page. Again, you'll need a good contract - if you're paying five figures to someone to turn your idea into a book, you want to make sure you're covered, and that you own the copyright in the book. As soon as the book's completed, file a Form TX with the Copyright Office along with the required fee (I think it's $30, but check their website) and the correct number of copies of your book (either one or two - again, check the website). You can't sue for infringement until you've registered your copyright; you also can't get statutory damages until then, and your intellectual property lawyer can tell you more about why those things are important. It could be well worth $200 to pay for someone to come up with great ideas for you. I've been extremely satisfied with the answers I've received from Google. Once you've selected an idea and hired someone to write the book with you, you might want to consider publishing the book yourself. You can read Dan Poynter's "Self-Publishing Manual" for more details. It's more work than having some else publish the book for you, of course, but you can get your book to market much faster, and you'll keep a greater share of the royalties. So if you care deeply about speed and profit share, this might be the "best way to publish." Two listservs you can join to find out more about self-publishing are http://www.pub-forum.net/ and http://www.publish-l.bigstep.com/ . I'll also reiterate that it's impossible to know for sure what will sell and what won't. What someone can do for you is come up with a list of good ideas, and you can pick from that list and get started. Much will depend on the quality of the writing and your willingness to promote the book once it's published. Even a book about a seemingly boring topic, like sidewalk tiles, could do well if it's entertainingly written and heavily promoted. Most of what I've said focuses on the "bestseller" part of your question, not the part about what the world needs. That's largely because there are many different opinions about what the world needs. Arguably, people "need" entertainment, they "need" to satisfy their curiosity about a variety of things, and so forth. Here's my own suggestion: publish something similar to the Zagat Survey Guides, focusing on educational products instead of restaurants and nightclubs. An example of one way these might be used: if I have a six-year-old and I want her to learn French, what are the "five-star products" I can choose from? You might suggest the "French in Action" videotapes, or a specific series of childrens' books, or the Pimsleur CDs, etc. I think books like these would be incredibly useful, yet I've never seen anything like them. People will pay a lot of money to learn how to give their kids the best possible start in life. Cheers, Carl |
Subject:
Re: Money and books
From: invincibleartem-ga on 09 Apr 2004 14:12 PDT |
In my opinion, the best book would the one where you could express your own charachter in it. For example, Im a member of Wierd Space, a family of MSN groups. We geather together and we discuss all kinds of nature, raizing up questions and suggesting own ideas. Overall, afterall... sometime later .. our posts becoming somthing better then bestseller - sometimes its fun, other times its weird. In general - its very mysterious and unpredictable. |
Subject:
Re: Money and books7-2
From: masterkroc-ga on 12 Apr 2004 08:58 PDT |
I'm sorry for the message I wrote before... But I think that to make a bestseller book you need an Idea that isn't common, and to do this you would need to take a survey of the less popular. -Write a book that almost nobody is writing, because if there are 3,000 books of adventure, then the bestseller would be a romance that has only 10 different authors. So what i'm saying is: write a book that only a few people is writing about, and make it different from all of them, make it unical at the time it's done. And the best subject that I could think of, is non-fiction, about the true democracies. All of what's written above is what I think and not an expert's suggestion. I hope your dream will come true! |
Subject:
Re: Money and books
From: 12shiva123-ga on 14 Apr 2004 18:52 PDT |
A possible best seller in the US, and around the world, could be a book how the average as in low to middle class citizens can MOST EFFECTIVELY influence their officials - elected or otherwise. As a US citizen I am keenly interested in finding out what actually works. What sorts of communication to elected officials gets their attention in an influential way. Citizens of the world are looking for a "how to" re: organizing large, world-wide movements, managing the media being produced so that the message is positive and widely spread, how to elect officials who will in fact represent the voting public. These skills and knowlege are need in political arenas, economic arenas as well as enviornmental arenas. The citizens of the world are looking for a way to come together and work together to stop global warming, bring more democratic governments into place, stop famine and stop war. Can you help? |
Subject:
Re: Money and books
From: taxmama-ga on 26 Apr 2004 09:39 PDT |
Dear Orange, The truth is - it doesn't really matter what you write or create. It doesn't matter if anyone needs it or wants it. It's all matter of how you market it. The pet rock is a perfect case in point. Who needed or wanted such a thing. Yet, it made a big hit with the late night talk show hosts, comedians and radio hosts, the newspapers, etc. It wasn't an accident. The guys behind it had public relations experience and contacts. So if you produce ANYTHING, long or short - and hire the right agents to pitch to the people who have the broadest audiences, you'll guarantee a bestseller. Campy packaging helps. Want something of enduring quality? Do some Google searches on the most frequently asked questions - or for words with the highest numbers of responses. That will tell you what people are looking for. Ken Evoy's e-book, Make Your Knowledge Sell will help you find a topic with an audience. http://myks.sitesell.com/ Good luck with your project. Your TaxMama-ga |
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