Everyone wants to take the next step up. As entrepreneurs, we thrive on milestones. Those milestones differ based on the industry.
In the music industry, many people start as musicians before owning their record label or being the executive producer for another musician’s album.
In the film industry, many people start as actors before being the executive producer of other movies.
Also, in the print media industry, many people start as writers or journalists before becoming an editor.
This was my path. I started writing for LifeHack and The Good Men Project before getting invited to be a contributing writer for The Huffington Post. It was only a few months more before The Good Men Project offered me the job to be one of their editors.
There are many different industry examples, but I find the book industry to be the most interesting.
In the book publishing industry, many people start as authors. Some authors write a new book every year. Many Kindle-only authors write a new book every month. Although, there is a step higher. The book publisher!
Some authors take this path because they are somewhat familiar with the publishing process. They also see the lucrativeness in being a book publisher.
I recommend that you consider these following questions if you’re in the group of aspiring book publishers.
1. What will be the theme(s) of your publishing company?
Some book publishers publish all types of books, while others focus on publishing niche books. Your publishing imprint should clarify the types of books that people can expect in your publishing catalog.
Another theme can be book size. Do you want to be known for publishing short books? Themes will vary, but you can start with one and add more as you grow your publishing business.
Continues with Part 2