Tuesday, July 23, 2013

How I Landed My Book Deals And How You Can ... - Dan Schawbel

publishing_dealA lot of people ask me how I got into publishing and how I was able to get both books published by well known publishers. In the interest of transparency, and helping people, I wanted to give a first hand account of how I went about going from no deals to two deals before turning thirty years old. I hope this helps and if you have questions, please ask in the comments section.

The Me 2.0 Saga

I started working on my first book proposal back in 2007 after I was able to create the first social media position in a Fortune 200 company based on everything I was able to do in the personal branding field and a Fast Company profile that promoted it. I had no idea how to create a book proposal or how to go about getting a publishing deal. I was 23 years old at the time and I wanted to write the book to support millennials who were having trouble finding a job and to explain how everyone can use social media to build a personal brand. I found a book proposal template online that included sections like ?target audience? and ?competitive analysis?, both of which are sections in a traditional marketing or business plan. I filled both out and wrote two sample chapters for the book, originally called ?Command Your Career?. I approached two publishers, who turned me down within a month of reviewing. Then, I was at a marketing event and I bumped into two different authors, one of which was Paul Gillan and the other one I can?t name (because he laughed at the fact that I was going to write a book).

Paul told me that it?s much easier to go through an agent so I went to a literary agent directory that I found online and pitched the proposal to seventy agents (that?s 70), all of whom either rejected it, didn?t respond or said to ?come back when you?re famous.? This obviously didn?t stop me from trying to make the book a reality. I was doing research on education publishers and came across Kaplan Publishing, a division of Kaplan. I reviewed their website, downloaded their proposal template and submitted it blindly. A few weeks later, I received an email from an acquisition editor, who was interested in the concept and soon the publisher was interested to. In January 2008, I was on my lunch break at work and received ?the call? that basically changed my life. I had received an offer for the book and took it immediately. The coincidence is that they were already looking for a similar book and so it was great timing. Their interns came up with the book title, Me 2.0, and since 2009 (when it came out) it?s sold tens of thousands of copies in 13 different languages, and with more than 1,000 media articles covering it.

The Promote Yourself Saga

Right now you?re thinking ?it must have been easy to land your second publishing deal because of the success of your first book? but now, sadly life doesn?t always work like that especially in this industry. After Me 2.0 was published in April of 2009, I immediately wrote another book proposal. The idea I had was to write several books using the ?2.0? moniker. The first proposal was for ?Author 2.0?, which was focused on helping professionals publish a book and then using it for their career. It was going to be co-authored and I had an agent this time but every single publisher on earth rejected it because it was too niche. I ended up splitting ways with that agent and co-author and moved to the next concept, ?We 2.0?. We 2.0 was going to be the top online networking book and based on my experience building a strong network. I had a new agent this time that tracked me down on Twitter and we worked together on a proposal for it, which was eventually rejected by every publisher on earth to my surprise. I was then told by my friend, who I can?t mention but is a very popular blogger in my space, to drop this agent and find an A-list agent because that would be the only way I could secure a deal.

My speaking agency at the time connected me to an amazing woman, who is very well networked in the publishing world. She introduced me to three top NYC literary agents. After meeting all of them, I decided to go with Jim Levine at Levine Greenberg, who has a great stable of business authors including Patrick Lencioni, Martin Lindstrom and Jonah Berger. I chose Jim because when I sat down with him, he seemed to really believe in me and what I was trying to do. He made the connection so fast that I knew it was a good fit and so we proceeded.

We had to touch up the proposal several times, as well as the sample chapters but once that was done then it was my mission to get a sponsor for the research that I wanted in my book. I knew that the research would increase the odds of me getting a deal so I spent every day trying to convince a company to take it on. I ended up pitching approximately one hundred companies and some were interested but no deals. Jim said that he wanted to send the proposal to publishers in January of 2012 and held out for me until I could make a deal. In December, right before Christmas, American Express signed on to be the research partner. In January, the proposal went out and to my surprise (yet again), the big publishers were turning it down. At this point, I?m shocked because I had built a strong platform, had a Fortune 100 company on board and the proposal was strong because it went through months of editing with top consultants.

Then, we finally heard from two publishers, Penguin and St. Martin?s Press. St. Martin?s Press was interested and we had a call but since Penguin expressed interest first (and I knew all their authors), my mind was on that publisher instead. This was a horrible move, of course, and I had a bad attitude during that call, which almost cost me everything. I really thought Penguin would come through, but after speaking to the publisher they ended up turning me down. At this point, I had to clean my act up and present myself better to St. Martin?s. They were on the fence with me at this point, but at the same time, I was launching my first major research PR campaign and it exploded with over seventy media hits. The success of that campaign pushed the publisher over the edge and the deal was made. Since then, the book has been upgraded to hardcover, and we sold audio, UK, Chinese and Portuguese rights, as well as thousands of copies. All of it has been done through hard work, persistence and some luck.

My Top 3 Pieces of Advice For Future Authors

Based on these two stories, you?ve probably learned a lot about the approach to getting your own book deal but I?m going to boil it down for you into a few tips.

1. Get an agent. If you don?t have an agent, it?s almost impossible to get a deal, especially in today?s book world. All agents take 15% of everything and it?s well worth it because of all the battles they have to fight for you along the way. You can find your own agent by going to Publishers Marketplace or by getting a recommendation from another author.

2. Write a business plan, not a proposal. If I were to start this process over, I would create a business plan instead of a traditional book proposal. Publishers are really venture capitalists in disguise. They invest in ideas and people who can make them money. If you don?t have a market platform and a lot of money to spend on your campaign, you probably won?t get a deal. You need to prove that the book will be successful even before you start writing it. You need to get a successful person to write the foreword, endorsements and convince websites and magazines to commit to promotion. You need to get companies to commit to buying bulk book orders. If you do all of this, you lower their perceived risk and increase the chances of success. Remember that they are a business and they are looking for a return on their investment.

3. Start marketing the book before you finish writing it. The best piece of advice I got was from David Meerman Scott, who told me that you need to start marketing the book at least a year in advance and to not rely on the publisher to do it for you. As a marketer, I was up for the challenge and started getting publications to talk about the books early. I also blogged almost daily to build the readership and the buzz. In this industry, I?ve learned that you have to constantly come up with new ideas and get them out there through articles and speaking. If you don?t, you lose relevancy and opportunities.


Pre-order Dan Schawbel?s highly anticipated new book,
Promote Yourself: The New Rules For Career Success.

Source: http://danschawbel.com/blog/how-i-landed-my-book-deals-and-how-you-can-land-your-own/

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