Imagine earning six figures every year from only three or four clients. And imagine not having to constantly prospect to find new ones.
How great would it be like to go deep—really deep—into a small subset of topics? And wouldn’t it be a relief to do more than scratch the surface of a topic before having to move on to the next project?
For some freelance writers, this sounds like a dream job.
But for successful ghostwriters, it’s not a dream—it’s real life.
Before you get too excited about ghostwriting, I want to dispel a few misconceptions. Because everything you think you know about ghostwriting might not actually be true.
My friend and colleague, Derek Lewis, is a successful business book ghostwriter.
He’s worked with client-authors on five continents, including a Texas oil tycoon, a Turkish economist, an IT startup millionaire, a Brazilian federal judge, and a Cajun colonel.
His authors work with the International Monetary Fund, General Electric, DaimlerChrysler, SAP, Pixar, Disney, the US Marine Corps, and the Red Cross.
So I trust Derek to tell me what it’s really like to be a ghostwriter. And from our many conversations, I’ve pinpointed three surprising misconceptions about ghostwriting that you need to know about.
Misconception #1: Ghostwriting is a solitary writing gig
As freelance writers, many of us enjoy solitary pursuits. For some of us, spending time alone, digging deep into research, and writing without much input from others is a pure bliss.
You might think that ghostwriting is a great fit for this kind of writing model. You think: “Great! All I have to do is interview the client, review some background material, and then disappear into my office for four months and write.”
Then, you emerge, four months later, with a fully formed book that you hand off to your grateful client, right?
It’s possible that some ghostwriters do actually work this way. We’ve all encountered ghostwritten business books that appear to have been written in a closet. These books contain few insights, not much information, and are little more than an hardcover self-promotional tool. But that’s not real ghostwriting. That’s a hack job.
Real ghostwriting is a deeply collaborative process. The writer (you) and the author (your client) work together closely at every stage. And you’ll spend hours and hours talking with your client and pulling information out of them with the purpose of getting it on the page.
So if you’re hoping to use ghostwriting as a means of reducing your interaction with clients, you’re going to be disappointed.
Misconception #2: If you do good work, referrals will roll in
For most freelance writers, delivering outstanding work is your most effective marketing strategy. You do great work, and then your clients refer their colleagues and associates to you.
Given enough time, and a bit of luck, you can build a lucrative business on those referrals.
But ghostwriting is different.
No matter how satisfied your clients, you’ll never get enough referrals to grow your ghostwriting business. Quite simply, the odds of your client knowing another prospective ghostwriting client—one who has the budget to hire you and is ready to go—is too slim to generate much business.
Misconception #3: You’ll land clients through your usual prospecting methods
If you can’t rely on referrals, then you might think you can simply apply other outbound prospecting methods that you’re familiar with, such as warm emails or direct mail prospecting.
Unfortunately, these prospecting methods are also unlikely to work.
Prospecting is particularly challenging with ghostwriting because your prospects need to meet certain criteria. Specifically, you need to find someone who:
- Wants to write a book
- Wants to write a book right now
- Has the budget to hire a ghostwriter
- Wants to hire you as their ghostwriter.
Given these criteria, the odds of finding suitable prospects through outbound marketing is pretty small.
Therefore, to succeed as ghostwriter, you need to shift your focus from outbound marketing to attraction marketing.
With attraction marketing, you put your efforts into bringing prospects to you—not going out and finding them. You do this by creating a series of breadcrumb trails, each leading back to your website.
- Publishing valuable content in your blog
- Publishing valuable content in third-party publications
- Focused social media efforts
- Search engine optimization
- Targeted pay-per-click advertising
- Self-publishing a book geared toward your target audience
- Being a guest on targeted podcasts
- Speaking at select conferences in your niche
You don’t have to do all these things. You can (and should) stick to activities that fit your personality and preferences. But the key is to do a few of these things consistently in order to increase the probability that the right prospects will find you.
Want to Become a Highly Paid Book Ghostwriter?
Misconceptions abound when it comes to ghostwriting. But here’s what remains true:
Ghostwriting is a massive market with huge potential. There are plenty of aspiring authors who have both the urgency and healthy budget to hire a ghostwriter.
For these authors, a book is either a critical business-building tool, a key piece of an initiative they’re involved with, or even a legacy book that’s become a top priority in their life.
And fortunately for you, there aren’t enough quality ghostwriters to meet that demand.
I’m starting a small coaching group with Derek in a couple of weeks. We’re going to spend 5 weeks going deep into how to land $25,000+ book-ghostwriting projects. That’s not a typo. There are lots of opportunities in this higher-end sector of the ghostwriting market.
And, no, they do NOT involve celebrities. 🙂
The clients are experts, consultants and other folks who desperately want to write a nonfiction book.
And Derek and I are looking for a handful of strong writers we can help turn into success stories.
If this sounds like something you’d like to pursue, here’s what we’re looking for:
- You’re already an established freelance writer or copywriter. By “established” I mean that you’ve been freelancing for at least a year or two and have existing clients.
- You have good writing skills and some solid writing samples. Of course, this is subjective. But we’re looking for people who can already write well. This is a business-building coaching group, not a writing class.
- Your samples do NOT need to be book-length or long-format. And they can be copywriting samples.
- You have the patience to develop and grow a ghostwriting practice. This is not a get-rich-quick thing. It’s not going to happen overnight. Depending on where you are in your business, landing your first $25,000 book project could take a few months.
- You’re enthusiastic and have a coachable spirit. In other words, you’re willing to be coached, to get out of your comfort zone, and to try new ideas and approaches to develop a lucrative ghostwriting practice.
- You’re willing to work in a small group. Which means contributing to the conversation, giving occasional feedback to others, etc.
Want to learn more? Send an email to ed at b2blauncher dot com, put “Ghostwriting Coaching” in the subject line… and I’ll get you all the details!