Is it really possible to make a full time living working part time hours as an author? Of course there are those publishing superstars like JK Rowling, Jack Canfield, Tim Ferris, Robert Kiyosaki and Stephen King but what about the rest of us?

In this short series of articles I’m going to show you why so many authors – even when they’re selling loads of books – are broke and how you can turn this around to make massive financial gains from a single book.

Although this stuff is ideal for an author who’s already making decent sales of an existing published book, I’d suggest brand new authors pay attention too – because setting all these things in place before you write your book will enable you to really add power to the process from day one.

The Wrong Way: How Average Experts Try To Get Wealthy & Why They Invariably Fail

Right – the potential income of any business can all be tracked using The  Product Pipeline – or as I like to call it – The Money Funnel… Here’s how the average expert (coach/consultant) tries to make a living…

The obvious lack of anything in between what they do for free (ie marketing) and what they’re attempting to charge for (typically a high cost service that requires them to swap time for money on a 1:1 ratio) means they’re missing massive opportunities to generate income and operating a risky ‘sell or don’t sell’ business model.

Next I’ll show you how most authors try to make their living (and why most authors aren’t wealthy authors)…