You can get paid to write a book. It’s easily possible to make a fast $10,000, or even a six figure amount. You could even make seven figures — over a million dollars for 20 pages of text. It sounds incredible, but a fast seven figures is certainly possible if you have a HOT, hot idea or have had an experience that hundreds of thousands of people want to read about.
The good part is that you don’t need to write your book before you get some money. You write a proposal, and a publisher will give you an advance, which you can live on while you write the book.
Writing a proposal is the smart way to write a book. It’s the way professional writers sell non-fiction. Selling a book on a proposal is much easier than selling a book that you’ve already written. A book proposal is a complete description of your book. It contains the title, an explanation of what the book’s about, an outline of chapters, a market and competition survey, and a sample chapter.
A book proposal functions in the same way as any business proposal does: you’re making an offer to someone you hope to do business with. It will be treated by publishers in the same way that any business treats a proposal. A publisher will read your proposal, assess its feasibility, cost it, and if it looks as if the publisher will make money, the publisher will pay you to write the book. When you’ve sold your proposed book to a publisher, your role doesn’t end with writing your book. You’re in partnership with your publisher to ensure the book’s success. If you do your part, both you and your publisher will make money.