The Million Dollar Author Formula

About this episode

Iredafe Owolabi presents the Million Dollar Author Formula, outlining seven beliefs to transform a $0/month book into a successful author business.

The Million Dollar Author Formula: 7 Beliefs to Turn a $0/Month Book Into a Business Iredafe presents a “Million Dollar Author Formula” built on seven beliefs to help authors take a book earning $0 per month to a million-dollar author business, emphasizing that a formula only works when applied. Drawing from his 2018 book How to Make Millions as an Entrepreneur and frustration with “gurus,” he explains that success starts with becoming the kind of person who can do the work (being, feeling, thinking, doing, having). Key beliefs include believing in God, yourself, your content and promise, the process (including investing in yourself and learning seedtime/harvest), and systems (automation, delegation, promotion, AI). He outlines monetization math: $20 book x 50,000, or repackaging into $200 audio (5,000), $2,000 video (500), or $20,000 coaching (50). He ends by inviting viewers to a 5-day Publishing Profits Challenge to fix sales, marketing, messaging, methods, monetization, and momentum. 00:00 Million Dollar Author Intro 00:48 Why I Wrote The Book 04:28 Doing Versus Being 07:35 Belief One God 11:31 Belief Two Yourself 15:29 Million Dollar Formula Math 19:57 Value Ladder Offers…

People in this episode

Host: Iredafe Owolabi

Topics covered

• author business
• monetization
• belief systems
• self-improvement
• entrepreneurship

Keywords

• Million Dollar Author Formula
• monetization math
• belief systems
• entrepreneurship
• self-improvement

Mentioned in this episode

Books & works: How to Make Millions as an Entrepreneur

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