Can you get rich off a book? The short answer is no. While there are certainly some authors who have made a fortune off their books, they are the exception rather than the rule.
The truth is that the vast majority of authors do not get rich from their books. According to a survey conducted by the Authors Guild, the average author earns just $12,000 a year from their writing. And the average royalty through a traditional publisher is only 10%, meaning that even if you sell 10,000 copies of a $10 book, you’re only walking away with $10,000.
So why do so many people write books if it’s not profitable? The answer is that writing a book can be a great way to establish yourself as an expert in your field, build your brand, and reach a wider audience. It can also be a great way to make a name for yourself and even land speaking engagements or other opportunities.
At the end of the day, it’s important to remember that writing a book is a long-term investment. It may not make you rich overnight, but it can open up a world of possibilities in the long run.