London, London United Kingdom (PressExposure) February 09, 2012 -- 12 millionaire authors and marketing experts will soon be revealing the 'new era' of strategies for turning books into massive international bestsellers.
They'll be speaking at The Millionaire Bootcamp for Authors in Kensington, London, on 8 to 10th June, 2012.
They'll be talking about the rise of hot new trends in publishing such as: e-books, self-publishing, print-on-demand and Kindle. These trends have turned previously unknown authors into millionaires and led to claims that traditional publishing is dead.
In this new age of publishing, authors are launching their books on Facebook, YouTube, and Twitter, rather than in mainstream bookshops and libraries. Rather than getting paltry Â£5K advances from traditional publishers, self-published authors and e-book authors are making six or seven-figure profits.
Bootcamp MD, Stephanie Hale, a former Oxford University don and ex Arts Council of England adviser, says:
"Bestselling authors who are household names are stony broke and I've seen famous names applying for hardship funds. Meanwhile, relatively unknown entrepreneurs are making six- and seven-figures from self-publishing. It's time for authors to wake up to this new era and learn about the opportunities available to them!"
The millionaire speakers include:
Â• Raymond Aaron - author of two Chicken Soup for The Soul books, and star of the hit movie The Secret.
Â• Peggy McColl - New York Times bestselling author of 5 books.
Â• Ty Cohen - who once lived a life of gangs and guns in a crime-ridden ghetto... but is now a bestselling author with a business generating millions of dollars.
Â• Daniel Wagner - a former drug addict who is now multi-millionaire author of over 60 e-books.
Â• Andy Harrington - a former down-and-out who has made Â£46 million from coaching speakers and Hollywood celebrities.
Â• Penny Sansevieri - the New York publicist who has turned over 11 books into bestsellers in the past 3 years.
Tickets cost Â£49.99 for the 3-day event which is being held at The Millennium Gloucester Hotel, in Kensington, London on the 8th, 9th and 10th of June, 2012.
E-book sales are expected to TRIPLE to $9.7 BILLION by 2016.
It's estimated that only 1 in 7 book purchases are now made in bookshops.
Over 75% of UK authors are currently earning less than the national minimum wage.
A typical book advance for an author is Â£5K or less. At the same time, many Internet authors are bringing in six- and seven-figure annual incomes from e-books and Kindle.
Some of the top literary agents and mainstream publishers are getting nearly 1000 manuscripts per week - and approx 3 per cent of these books are getting accepted.
2,500,000 old copies of Mills & Boon books were used to build the M6 Toll. On some stretches of UK motorway, 4500 pulped books have been used for every mile of tarmac.
70 per cent of books published by mainstream publishers don't make a profit or earn back the advance that was paid for them. This means only 30 per cent of the books are making money!