Why Every Entrepreneur Should Think Like a Publisher in 2024

Why Every Entrepreneur Should Think Like a Publisher in 2024

By The WBR Team

The entrepreneurial landscape is more competitive than ever. To cut through the noise and achieve lasting success, you need to be more than just a business owner – you need to be a thought leader. And the most powerful tool in a thought leader’s arsenal? A compelling business book.

But here’s the catch: simply writing a book isn’t enough. To truly leverage its power, you need to shift your mindset from author to publisher.

Why the publisher mindset matters

Think about it: traditional publishers don’t just print books; they build platforms. They cultivate audiences, nurture relationships, and strategically position their authors for maximum impact.

Publishers are masters of content. They understand market dynamics, audience needs, and how to create compelling narratives that sell. 

For entrepreneurs, adopting this mindset means taking control of their content strategy from start to finish. It’s about seeing a business book not just as a product but as an integral part of their business ecosystem that can educate, engage, and convert audiences.

As an entrepreneur, adopting this publisher mindset can be a game-changer because it gives you: 

  • Enhanced brand consistency: Publishers are rigorous about their brand’s voice and presence across all platforms. Entrepreneurs who adopt this consistency can ensure their message is clear and impactful, whether it’s through a book, a blog post, or a tweet.
  • Greater audience engagement: Like publishers, savvy entrepreneurs focus on building an audience over time. This means not just selling to customers but creating a community around their brand. A business book can be a pivotal part of this strategy, providing value and building trust.
  • Diversified revenue streams: Publishers look for multiple ways to monetise their content. Similarly, entrepreneurs can use their business book as a springboard to workshops, speaking engagements, online courses, and more.

How to adopt a publisher’s mindset in 2024

1. Define your target audience with laser focus

To adopt a publisher’s mindset effectively, it’s crucial to have a deep understanding of your target audience. This involves more than just a superficial knowledge of who they might be. You need to delve into their world, understanding their daily challenges, their deepest aspirations, and how they prefer to consume content. Here’s how you can make this process both informative and practical:

  • Segment your audience: Start by segmenting your potential readers into manageable groups. These could be based on professional roles, industries, interests, or demographic factors such as age, education level, and geographic location. For instance, if you’re writing a book on innovative business strategies, your primary audience might be small business owners, startup founders, and entrepreneurial students.
  • Develop detailed buyer personas: For each segment, create a detailed buyer persona. This should include: demographics (age, gender, education level, etc), psychographics (values, beliefs, interests, and lifestyle choices), challenges and pain points, aspirations and goals, as well as preferred content consumption.
  • Map the buyer’s journey: Understand the journey your potential reader takes from becoming aware of your book to making a purchase. Identify the touchpoints where they gather information and make decisions. This could include online reviews, blog posts, webinars, and industry conferences.
  • Validate your personas: Test your assumptions by reaching out to real individuals who fit your buyer personas. Conduct interviews or focus groups to get feedback on your book concept and whether it resonates with their needs and interests.

Imagine you are writing a book aimed at helping mid-level managers improve their leadership skills. Your primary persona might be “Manager Mike,” a 35-year-old male, working in the technology sector. He is likely to hold a master’s degree, earns approximately $80,000 per year, and faces challenges such as team motivation and effective communication. Mike prefers to consume content through podcasts and LinkedIn articles during his commute. Knowing this, you can tailor your promotional strategies to these platforms and formats, ensuring that your book addresses Mike’s specific needs and is presented in a way that he will likely engage with.

By taking the time to understand your audience as thoroughly as a publisher would, you position your book to not just reach but resonate with your readers, significantly increasing its chances of success.

2. Craft a compelling brand narrative

Think of the most successful brands you know. Apple, Nike, Tesla – they’re not just selling products; they’re selling stories. Stories of innovation, empowerment, and a better future. 

Publishers understand this implicitly. They know a powerful brand narrative is essential for connecting with readers on an emotional level and creating a lasting impact.

Before you even think about chapter outlines or marketing strategies, you need to define your brand’s core essence. Ask yourself:

What problem do you solve for your audience? Go beyond surface-level solutions and dig deep into the transformative impact you offer.

What values drive your work? Authenticity, innovation, community – identify the principles that underpin your brand and resonate with your ideal reader.

What makes you different?  In a crowded marketplace, what sets you apart?  Pinpoint your unique strengths, experiences, and perspectives.

Once you’ve clarified your brand’s essence, it’s time to weave it into a compelling narrative that resonates with your target audience. Then, distil this brand narrative into a clear, concise message that captures the essence of your book and its value proposition. This is your elevator pitch – a powerful statement that hooks readers and leaves them wanting more.

3. Think beyond the book

Imagine this: you’ve poured your heart and soul into crafting a brilliant business book. It’s insightful, engaging, and packed with valuable advice. But then what?

If you’re thinking like a traditional author, you might simply upload it to Amazon and hope for the best. But if you’re thinking like a publisher, you know the real work is just beginning.

Publishers understand that a book is not a standalone product; it’s a powerful content marketing engine waiting to be ignited. View your book as a springboard for various content formats, including:

  • Blog posts and articles: Repurpose book chapters into insightful blog content to drive traffic and generate leads.
  • Social media content: Share bite-sized takeaways, quotes, and behind-the-scenes insights to engage your audience.
  • Speaking engagements and workshops: Leverage your book’s content to secure speaking opportunities and establish yourself as a thought leader.

4. Leverage technology

Today’s publishing landscape thrives on technology, and as an entrepreneur author, this spells huge wins. You can leverage readily available tools to streamline your process, reach wider audiences, and build deeper connections with your readers. 

Technology also empowers you to understand your audience and market your book effectively.  Use Google Analytics to track website traffic, analyse reader behaviour, and optimise your marketing campaigns. Tap into platforms like BookBub and Amazon Ads to reach targeted readers who are actively searching for books like yours.

The key is to start small and gradually incorporate new tools into your workflow as you become more comfortable. 

Final thoughts

In 2024 and beyond, the ability to think like a publisher will be a defining factor in entrepreneurial success. By embracing this mindset, you’ll not only write a book but build a platform that amplifies your message, attracts your ideal clients, and establishes you as a true leader in your field.

If you’d welcome professional support with bringing your book idea to life, schedule a free Clarity Call today to see how our team of experts can help. 

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