Are You an Author or an Authorpreneur?

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IMG_4628In the “old world” of publishing, where traditional publishing was pretty much the only viable option, everyone was defined as an “author” unless they chose to self-publish, in which case every form of self-publishing was deemed “vanity.”

Nowadays, the old definition of “author” doesn’t usually apply to first-time or relatively new authors.

New authors that say they received six- or seven-figure advances are most likely politicians seeking “legal” political donations, or they’re high profile celebrities with millions of fans. On average, most first-time authors must think with the mindset of an authorpreneur, no matter how they get published.

“I’m an author… er… authorpreneur?”

An “author” used to make their living writing. They’d write all day, market minimally, have a publicist at the publishing house schedule book signings and tours, and live the writer’s dream life. However, an “authorpreneur” thinks with the mindset of an entrepreneur who happens to have written a book.

They focus on business-building techniques more than writing, market like mad, sometimes hire their own publicity firm, and handle the nitty gritty details of book signings and tours by themselves or by outsourcing to a professional publicity team. Authorpreneurs pay for most if not all of their own marketing, whether they’re self- or traditionally-published.

By now I know you’re thinking you want the life of an “author,” right? So would 99% of aspiring authors in the world. The sad truth is, due to circumstances beyond your control, that authors’ life is hard to reach by any aspiring author nowadays. [pullquote position=”right”]Almost every first-time author has to think like an authorpreneur if they want to be successful.[/pullquote]

The good news is, if you can shift your mindset to that of an authorpreneur, you will eventually reach that dream status of “author.” It doesn’t mean your work ends—most authors still do a bit of their own marketing—but it does make it easier having a publicist backing your marketing plan.

How do you think like an authorpreneur?

Learn everything you can about running a small business. Successful small businesses use marketing tactics and strategies you’ll find incredibly valuable in your own book’s marketability. Surround yourself with successful small business owners and learn from them. Some tactics I use for both my business and book marketing that I learned from other successful business owners include:

  1. Having a website with an updated blog
  2. Offering a free giveaway tied to an email autoresonder system
  3. Regularly sending emails and/or an email newsletter
  4. Creating a Facebook page
  5. Starting a Facebook or LinkedIn group
  6. Creating video tips and uploading to YouTube

Apply these tactics and strategies to your book’s marketing plan just as entrepreneurs use them in their businesses.

Get an accountant. Most successful business people have an accountant telling them what’s deductible, when to deduct, and keeping their tax records straight. Even if you publish traditionally, an accountant is not a step you should skip. Interview friends who own businesses and ask who they use, what they like about their accountant, and schedule a free consultation with the accounting firm.

Be sure to do your research! Accountants handle sensitive financial information and often have direct access to your bank accounts, so you want to make sure you check references and trust who you choose.

Get promo materials. Without something to leave a potential buyer or great contact, you will have no way for them to follow up with you to buy your book. Here are some essential promo materials to have for your book:

  • Business cards
  • Bookmarks
  • Two-sided full-color flyers
  • Upcoming signing/workshop schedule
  • Unique promotional items related to your book you can give as free gifts

Attend business-building workshops. Attend small business events and conferences to learn how to generate leads and sales. There are hundreds of such conferences every year, so do a in Internet search for small business conferences going on in your area. You can also join a local networking group or small business club.

One of my personal favorite conferences I think every authorpreneur should attend is NAMS (Novice to Advanced Marketing Systems workshop). This conference offers levels of learning so newbies and seasoned entrepreneurs alike can learn marketing tactics and implement strategies.

The best part about NAMS is the camaraderie between instructors and students. Technically all instructors are students, so everyone learns together.

Look for events like this in your area where you’re comfortable learning new things, where instructors will be patient to teach you new tactics and where you’ll get support for learning how you can apply what you learn to market your book. With every bit of training you receive, you’ll get many more ideas on how to market your books and yourself as an expert or entertainer.

Be willing to take risks. The biggest difference between an “author” and an “authorpreneur” is the authorpreneur’s ability to take risks for a potential gain. Every risk has both a winning and losing side, and you may not always win, but you will always learn from the experience. I use the term “authorpreneur” for a reason.

“Entrepreneurs” become famous for taking risks. Some pay off big and some cause the entrepreneur to lose thousands—and sometimes millions—of dollars. However, if entrepreneurs never took risks, they’d never hit those big paydays.

If you’re not willing to take risks to learn new things and invest your own dollars to promote your book and yourself, you will never reach the level of success that you want.

In some ways the changes in the publishing industry have made it harder for old-definition “authors” to become successful. However, in many ways the changes have caused authors to become more proactive, more knowledgeable, and even more excited about their own projects. When you take a vested interest in your own success, there is no limit to what you can achieve!

Kristen Eckstein
Kristen Eckstein is a highly sought-after publishing authority, multi best-selling author and award winning international speaker who has started over 50 publishing companies and published over 170 books and e-books. In Fall 2013 she challenged herself to write and published a new Kindle book every week for 18 weeks straight.
Kristen Eckstein
Kristen Eckstein

Comments

  1. If it is so, i am authorpreneur. This information is kind of rare on internet, you have explained the things very beautifully and clearly. You have just differentiated the both.

  2. Hi,

    I think i almost have all the qualities you’ve enlisted for an authorpreneur. It is really a catchy term.

  3. I love the term authorpreneur and your ideas behind it. Great way to make it big in this world today. Thanks!

  4. There is some great advice in here. It is so important to ensure that as a writer’s we have a marketing strategy and yet so many people think the book will market itself. I am a fairly new writer, just started on the road to publishing soa device like this is invaluable

  5. Outstanding! You’ve nailed down the essential question for writers moving forward.

    If you want to write for the sake of writing, that’s fine. But if you hope to earn a living at it? Well then, it’s a DIY world now.

    But here’s the good news: Marketing is just another way of saying “communicating”. And, as writers, we are nothing if not communicators.

    The key? make marketing fun! Create a Twitter account for your book’s protagonist and antagonist and let them have at it in 140 characters or less. Run crazy contests and silly polls over Facebook. Just be creative and view marketing as an outlet for your imagination, not an act of drudgery.

    These are thrilling times to be a writer. The power is in our hands, so let’s use it!

    Jon Bard, Managing Editor, Children’s Book Insider, the Newsletter for Children’s Writers

    • Hey John,

      You’ve nailed it! “Communicating” makes “marketing” less scary, doesn’t it? I love your suggestion for fiction and children’s writers in using Twitter. Another idea is for the main character to have his/her own Facebook page or even profile, to interact with readers as a real person. Even fantasy characters can come alive on social media!

  6. This is really a nice definition to squeeze the essence of modern day writing and publishing industry. Good write up.

  7. This is such an excellent definition of this idea. Calling it the old definition of an author really hits the nail on the head. So many new and authors to be still don’t realize just how drastically publishing has evolved in just a few short years. I would also add that even if your main reason for writing is not to create a solid income, but to give away your books to spread your message, you still need to think like an entrepreneur and figure out how to make that happen.

    • Thanks Cheryl,

      Yep, I totally agree even if you give away books for free, you need to think like an entrepreneur. One way to do that is to include a free bonus inside your book that people have to give you their email address to get. This type of opt-in allows you to follow up with them later with other products, services, workshops, and future books.

  8. I believe that if I ever wrote a book I would end up in the authorpreneur camp. Especially after running my own business for so long, I am already used to being the marketing dept, and the accountant as well as the janitor… ;-S

    • LOL Mikel isn’t that right??!! We are often our own everything. I’d also encourage all authorpreneurs to outsource the things you’re not passionate about. For me, I outsource my accounting and janitorial work… 😉

  9. I’d say I’m an authorpreneur then 🙂