How My Book Became A (Self-Published) Best Seller

Forbes (@Forbes) senior editor Deborah L. Jacobs (@djworking) offers insights she learned in successfully self-publishing her non-fiction book.

Digital technology has made it possible for anyone to publish a book….But turning that book into a successful commercial venture is far more challenging. For more than one year after self-publishing my book, Estate Planning Smarts, promoting it was practically my full-time job.

I didn’t take the decision to self-publish lightly. In fact, I turned down offers from two big publishers because I wasn’t happy with the money they offered. McGraw-Hill’s offer was missing a zero—and I told them so.

...The reason for publishers’ low offers was that statistics show estate planning books don’t sell well. I had a vision for a book that would prove them wrong, but the big companies would never have allocated the resources to produce it.

My business model involved going against the grain by spending money where big publishers are cutting corners: high-quality paper, two-color graphics, printing on a Web press, rather than print-on-demand. And while big publishers were cutting experienced staff, I retained top talent for editing and graphics, on a freelance basis. The goal was to produce a high-quality product that advisers would give to their clients and friends and family would share with each other.

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