Chapter
Profiting from Writing Best Selling Books ft. Ryan Holiday
37:43 - 40:34 (02:50)
Ryan Holiday and Jason Calacanis discuss how selling millions of copies of a book could equate to millions in gross profit, as well as the concept of "book as a business card."
Clips
The economics of book publishing can be highly lucrative for authors with bestselling books, as each book sold can generate significant profits even after accounting for production and distribution costs.
37:43 - 40:34 (02:50)
Book publishing
Summary
The economics of book publishing can be highly lucrative for authors with bestselling books, as each book sold can generate significant profits even after accounting for production and distribution costs. Negotiating better book deals and having multiple hits can further increase an author's earnings over time.