Books that make rich only their authors.
March 29, 2010 5:43pm CST
Do you know someone who became rich after reading an inspiring and motivational book?I think sometimes people take this type of reading too serious.You like the book, then you buy the CD, then you buy the video.It's the author who's actually making money, not the readers.What's your opinion on this?
29 Mar 10
Hello silvercoin ! First, I have found your discussion strange : when I read a good book, my mind and my brain are more rich, and I don't ask anything else at a book. Second, a majority of authors get not rich with books : commonly an author get 8% on a book, a bookseller 33%, and the rest goes to the editor and for the taxes. Thinking a little more at your discussion, I find it really interesting. I'm sure that a lot of professionals need technical books to work and earn money : what would you think of a professional numismatist seller with no documentation : he will soon close the doors ! Same thing for an art seller : if his clients have a better documentation than him, he will get poorer and the clients richer. Their problem is to buy... good books ! For a professional, a few books are essentials, a little number not well known by his colleagues can make him reach, but a majority have little or no interest, and these make reach the editor, the bookseller and the author. So I agree partly with you.
30 Mar 10
The get-rich-quick are indeed "scam" books, but I believe that you can find a few good books to help to make more money online. One of my first discussion was about online ebooks : I got a good link to an ebook where I learn new things.
30 Mar 10
Louierrific24, thanks for you comment.Yes, I was talking about those get-rich-quick books. Topffer, you're right, these authors who write technical,professional books never make a fortune from writing.Their books are good and very informative sometimes.And it's a pity they're not rewarded for their hard work. E-books written by experienced online marketers can help you, I don't deny it. But these "Retire tomorrow","Rich in a year",OMG. My friends have tons of these books at home, the future millionaires who still struggle to pay the bills.A new world-wide madness.
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30 Mar 10
I also don't bite those get-rich-quick books. Those books will just give you basic marketing/business concepts. They claim to make you a millionaire in one, two, three weeks with less or no work at all. But the reality is... you can't achieve anything without hard work.
• United States
30 Mar 10
Technically the majority of writers are dirt poor. If they wrote a book on how to get rich, it's about their success in another field. Every self-help or general be-successful book is going to promise grand rewards, and some of them do offer methods that are successful for some people. I personally know lots of people who were able to get themselves out of debt after reading Dave Ramsey's "Total Money Makeover" but I don't know anyone who got rich after reading a get-rich-quick book.