The Real Profit Behind Business Books: Key Findings from 350+ Authors | Peter Winick + Bill Sherman | 600

What’s the ROI of a business book? Peter Winick and Bill Sherman dive into this game-changing question in the latest episode of Leveraging Thought Leadership. Partnering with industry giants like Gotham Ghostwriters, Amplify Publishing Group, and Smith Publicity, they’ve launched the most comprehensive study on the ROI of business books to date. Over 350 authors participated, and the results are eye-opening. The data shows 64% of business books turn a profit, with a median of $11,350 for books that have been out for at least six months. But here’s where it gets interesting—authors with a clear strategy saw a median profit of $96,000. The key takeaway? Profit is more about strategy than sales alone. Books with a robust launch plan, PR efforts, or even ghostwriting support outperform those without. For every dollar spent, the average book generates $1.24 in revenue—not just from book sales but from lucrative add-ons like speaking engagements, consulting, and workshops. Another intriguing finding? Authors with weak strategies ended up spending more than those with a focused approach. And when it comes to satisfaction with publishers, hybrid models shine. 70% of authors using traditional or hybrid publishing were satisfied, but hybrid authors were twice as likely to be enthusiastic about their experience. Catch the full episode and dive into the data at www.authorroi.com. Three Key Takeaways: • Strategic planning drives profits: Authors with a clear strategy around their book—like PR, launch plans, and ghostwriting—saw a median profit of $96,000, significantly higher than those without a plan. • Revenue extends beyond book sales: For every $1 spent on a business book, authors generated $1.24 in revenue, with most of the profit coming from related services like speaking, consulting, and workshops, not just book sales. • Hybrid publishing leads to higher satisfaction: Hybrid authors were twice as likely to express strong satisfaction with their publishing experience compared to traditional or self-published authors.

What happens when your toughest challenges become your biggest opportunities? On this episode of Leveraging Thought Leadership, host Bill Sherman dives deep with Neri Karra Sillaman—an Entrepreneurship Expert, TEDx Speaker, and Professor at ESCP Business School—about how her early life as a refugee set her on a path to becoming a thought leader and entrepreneur. Neri shares the story of her childhood, growing up as part of a Turkish minority in Bulgaria during the 1980s, facing forced assimilation, and eventually being expelled from the country. With only two suitcases, her family fled to Turkey. From those humble beginnings in refugee camps, Neri realized education was her key to changing her life. This powerful experience laid the foundation for her future work in entrepreneurship and academia. But how does a life of survival translate into thought leadership? Neri discusses how her research took her on a journey to understand why immigrants create businesses—and more importantly, why some of those businesses endure. Her "ah-ha" moment came when she found that many studies focused on the why of immigrant entrepreneurship but few explored how these businesses achieve longevity. This insight sparked her upcoming book, which distills the strategies of immigrant founders that any entrepreneur can apply. Her message is clear: business longevity isn’t just for immigrant entrepreneurs. It’s for anyone who wants to build something that lasts. Neri is working to bridge the gap between startup challenges and the principles that help businesses thrive over the long term. When asked how she moved beyond academia to practice thought leadership, Neri explains how she transitioned from writing academic papers to producing content for HBR, Fast Company, and other platforms that directly impact business leaders. She challenges thought leaders to think about how they can make their work accessible and actionable. Three Key Takeaways: • Adversity can shape success – Neri’s experience as a refugee shaped her drive and resilience, which became the foundation for her entrepreneurial journey and thought leadership. • Immigrant entrepreneurship holds key lessons for all – The principles that help immigrant businesses endure are applicable to any entrepreneur looking to achieve long-term success. • Practical thought leadership matters – Moving beyond academic research, Neri emphasizes the importance of creating accessible, actionable content that resonates with business owners and drives real impact. Neri has spent her life seeking success in academia and entrepreneurship.  If you want to find that same success in Thought Leadership take a moment to watch this short video from Thought Leadership Leverage COO Bill Sherman on successfully launching a thought leadership team.

What if the way we approach change is broken? Would you try something new?  Or stick to what you know? In this episode of Leveraging Thought Leadership, host Peter Winick sits down with Heather Hiscox, founder and CEO of Pause for Change and author of No More Status Quo: A Proven Framework to Change the Way We Change the World. Heather shares her journey of transforming frustration into a groundbreaking approach that’s helping changemakers address tough challenges in the nonprofit, government, and philanthropic sectors. Heather’s insights began with a simple yet powerful question: "Why aren’t we working differently?" Years of seeing wasted efforts and weak results in the social sector pushed her to experiment. The result? The Pause framework—a tool for disrupting the status quo and creating meaningful impact. Her approach focuses on relationships, active listening, and rapid iteration, all built on a foundation of empathy and learning. Heather discusses how entrepreneurs often miss key listening skills, and how fear of "not being ready" keeps leaders from publishing ideas and moving forward. Instead, she encourages taking risks, learning in real-time, and embracing new methods to achieve different outcomes. Her clients—nonprofits, local governments, and philanthropic organizations—typically approach her for one of two reasons: something’s broken, or they’re unsure what’s possible next. Heather uses her framework to guide them through the uncertainties, asking the right questions and driving real change. When it comes to marketing, Heather’s strategy is driven by relationships and word of mouth. She’s not just waiting for clients to find her—she’s actively engaging them through LinkedIn, her online show The Possibility Project, and by knowing when to walk away from those who aren’t ready to embrace her message. Heather’s work is a call to action for leaders ready to stop settling for the status quo and start making the impact they’ve always envisioned. Three Key Takeaways: • Embrace new methods to create change: Heather emphasizes that traditional approaches in the social sector often fall short. To make real impact, leaders must ask different questions and take risks with new methods, like her Pause framework. • Relationships and listening are essential: Success hinges on building strong relationships and honing active listening skills. Whether in business or social change, empathetic listening and rapid iteration are key to solving complex problems. • Don’t fear imperfection: Many leaders hesitate to publish content or make moves because it "isn't ready." Heather advocates for moving forward despite uncertainty, learning in real-time, and refining as you go. Heather has years of helping clients change how they think and work.  If you are a thought leader, speaker, or author is your work creating sustainable change?  Explore the topic more in this article by Peter Winick.

How do you turn technical expertise into a story that captures everyone’s attention? Today, host Bill Sherman sits down with Chantal Roberts, an insurance expert and professor at The Borough of Manhattan Community College in New York., to discuss her unique journey as an author of two distinct books. One caters to insurance  professionals, and the other takes a creative approach to educate the general public. Chantal’s first book, The Art of Adjusting, targets mid-career insurance adjusters, offering them insights into the unwritten rules of claims handling. With remote work reducing informal knowledge-sharing, she aimed to bridge that gap. This book also strengthened her credentials as an expert witness in insurance litigation. Her second book, Once Upon a Claim: Fairytales to Protect Your Assets, was a complete pivot. Inspired by her experience teaching, Chantal decided to use fairy tales like Rapunzel and Goldilocks to explain complex insurance concepts to consumers. The goal? To help people understand the claims process better and avoid feeling blindsided. Chantal shares how her passion led her to write in ways that even surprised her. She also discusses her grassroots marketing efforts, sending postcards to agents as a way to spread the word about her second book—ensuring it doesn’t get lost in the spam folder. If you’re wondering how to write for different audiences without losing your authentic voice, Chantal’s journey is full of insights. Three Key Takeaways: • Tailor your message to the audience: Chantal’s books serve two very different audiences—insurance professionals and general consumers—requiring her to adjust both her tone and content to suit their needs. • Passion drives engagement: If you don’t love what you’re writing, neither will your readers. Chantal’s pivot from a technical rewrite to storytelling with fairy tales made her second book more engaging and enjoyable for everyone. • Creative marketing matters: Chantal’s approach to promoting Once Upon a Claim through physical postcards demonstrates the power of thinking outside the box to avoid digital clutter and create a personal touch. Chantal uses a different approach to finding her audience, but are you still using mass market techniques with your niche audience?  If so, this article by Thought Leadership Leverage found and CEO Peter Winick might be helpful.

What happens when your publisher holds your book hostage? In this episode of Leveraging Thought Leadership, Bill Sherman speaks with Michael Jenet, author of "Ask: The Questions to Empower Your Life" and founder of Journey Institute Press, about his grueling battle to reclaim the rights to his books after a new publisher took control. Michael’s story isn’t just one of frustration—it’s about standing on principle and creating a new path for authors. After years of legal battles, Michael and his wife and fellow author Dafna managed to regain their rights, but the ordeal sparked a deeper question: How could they prevent this from happening to others? That’s when they decided to start their own publishing company, Journey Institute Press, with a mission to put authors first and offer a more ethical, nonprofit-driven publishing model. They learned valuable lessons about the evolving book market, and now, they’re helping first-time authors navigate the complex world of publishing with integrity and sustainability. Michael also shares key insights about long-term book marketing. Forget the one-time launch event at your local bookstore—today, it’s about leveraging multiple formats, influencers, and long-term strategies to keep your book relevant. Whether you're launching a hardcover, paperback, ebook, or audiobook, the goal is the same: get your book into as many hands as possible and keep the conversation going for years. For aspiring authors, Michael offers this critical advice: start building your audience before the book is even written. Marketing falls on the author, so engage your readers early, find where they are, and get them excited long before launch day. Three Key Takeaways: • Own Your Rights: Michael Jenet’s battle to reclaim his book rights highlights the importance of authors fully understanding and protecting their intellectual property in the publishing world. Don’t assume your publisher will always have your best interests at heart. • Long-Term Book Strategy: Successful book launches go beyond a one-day event. Michael emphasizes the importance of thinking long-term, using multiple formats and engaging influencers to ensure your book stays relevant for years, not just during the initial release. • Build Your Audience Early: Authors can’t rely solely on publishers for marketing. Start building a community around your book early on, even while you're still writing. This will drive excitement and help ensure a successful launch. These insights highlight the need for authors to take charge of both their rights and their marketing strategies to succeed in today's publishing landscape. If you have a book on the horizon and are seeking a solid thought leadership approach to marketing, reach out to Leveraging Thought Leadership to discuss how we can help.

Join host Peter Winick as he dives into a compelling conversation with Kristin Lytle, CEO of The Leader’s Edge, an executive coaching firm transforming senior leadership. Kristin's journey to becoming a thought leader is rooted in her own experiences of self-doubt, which ignited her passion for helping others articulate their ideas and reach their full potential. Kristin shares how her firm elevates potential within organizations development programs that unlock leaders’ full potential. But Kristin doesn’t stop there. She’s on a mission to make executive coaching accessible to the entire organization—not just the top tier. By focusing on building a culture of high integrity and crowding out low-integrity leaders, her team ensures that toxic behaviors are as unacceptable as an obvious safety hazard in the workplace. Kristin also discusses the importance of leveraging the insights of her team. Through regular coaches’ roundtables, expert input, and staying attuned to client needs, The Leader’s Edge is constantly evolving. The goal? To identify universal leadership challenges and create scalable solutions that blend online learning with executive coaching and community support. As Kristin transitions her firm from a practice to a full-fledged business, she’s learned that allocating top talent is as crucial as managing finances. But perhaps the most profound insight she shares is the role fear plays in leadership behavior—fear of judgment, fear of looking foolish, and fear of not knowing enough. These fears, she argues, often drive leaders more than they realize. Three Key Takeaways: • Unlocking Potential at All Levels: Kristin Lytle emphasizes the importance of making leadership coaching accessible to the entire organization, not just the top executives. By crowding out low-integrity leaders and fostering a culture of high integrity, organizations can ensure that everyone has the opportunity to reach their full potential. • Scalability Through Universal Solutions: The Leader’s Edge focuses on identifying consistent leadership challenges, like influence, that cut across industries and regions. By developing scalable solutions, such as blended learning programs, they make impactful leadership development available to a broader audience. • Fear as a Driving Force in Leadership: One of Kristin's key insights is that fear—whether it's fear of judgment, looking foolish, or not knowing enough—often drives leadership behaviors more than we might realize. Recognizing and addressing these fears is crucial for effective leadership. Kristin's team at The Leader's Edge is working hard to make work a better and more satisfying place to be.  But what is the secret to changing a company's culture?  Find out in this article by Thought Leadership Leverage COO Bill Sherman.

Join Bill Sherman as he sits down with Dr. Bryan Quoc Le, a dynamic food scientist, industry consultant, and the author of "150 Food Science Questions Answered: Cook Smarter, Cook Better." In this episode, Bryan reveals how a seemingly ordinary graduate school project sparked his journey into thought leadership, leading him to unexpected opportunities and recognition in the food science world. Bryan shares how he transformed a volunteer blogging at "The Institute of Food Technologists" stint into a platform that attracted the attention of Callisto Publishing, culminating in a book deal. Hear how he balanced the intense demands of writing his dissertation and authoring a book simultaneously, with the unwavering support of his wife. He dives into the book's unique format—half dictated by the publisher and half crafted by him—and reflects on how it honed his ability to make complex scientific concepts accessible and engaging to a broader audience. Learn how publishing a book early in his career became a game-changer, establishing his credibility and opening doors to numerous clients. Bryan talks about his unexpected success on platforms like Reddit, where he built a thriving community around food science, generating more leads and projects than he ever anticipated. What's next for Bryan? He’s exploring new creative frontiers, including a potential documentary on flavors with an Emmy-winning filmmaker. It's a journey filled with innovation, exploration, and a bit of adventure. Tune in to discover how thought leadership can evolve from unexpected beginnings and lead to extraordinary opportunities. Three Key Takeaways: • Thought Leadership Can Start from Unexpected Places: Dr. Le’s journey into thought leadership began with a volunteer blogging opportunity that eventually led to a book deal. This shows that sometimes, the path to establishing yourself as a thought leader can start with a seemingly small or unplanned endeavor. • Publishing a Book Can Be a Powerful Credibility Booster: Dr. Le’s experience demonstrates the impact of publishing a book early in his career. It not only validated his expertise but also opened up multiple professional opportunities, establishing him as a trusted voice in the food science community. • Building Communities Can Lead to Unanticipated Opportunities: By actively engaging in platforms like Reddit, Dr. Le built a strong community around his field of expertise. This unexpected platform became a significant source of client leads and collaborations, highlighting the value of community-building in thought leadership. As a food scientist Bryan knows the difference between fine flavor and junk food.  When it comes to your business are you using gourmet metrics or just measuring the junk?  Find out in this video with Peter Winick.

Today on Leveraging Thought Leadership, host Peter Winick sits down with Andrea Sampson, CEO and Executive Thought Leader Coach at Talk Boutique and creator of the Thought Leaders Academy. Andrea has a rich background with over 25 years in marketing and advertising. She shares how her journey from crafting TEDx talks to building a holistic platform for thought leadership shaped her unique approach to coaching and strategy. Andrea discusses the importance of understanding your core message as a thought leader. It's not just about having a big idea but knowing what you stand for and why. This clarity helps you decide what opportunities to pursue and which ones to decline. For thought leaders, aligning your actions with your core message is essential. Andrea emphasizes that strategy isn’t a limitation but a necessary framework that guides creativity, much like a creative brief in advertising. Peter and Andrea also explore the distinct differences between being a great keynote speaker and running a successful thought leadership business. Motivational speakers may inspire, but true thought leaders drive deeper understanding and actionable insights. Andrea highlights the need to simplify complex ideas so that audiences not only grasp them but are compelled to act. The conversation shifts to current trends in thought leadership, particularly the effectiveness of giving away value—knowledge, experience, or content—as a strategy for engagement and growth. Andrea underscores the importance of thinking like a consumer and identifying your target audience’s needs. Andrea also challenges the notion that thought leadership is a solo endeavor. Collaboration, not competition, is key. She urges thought leaders to work together, learn from one another, and focus on connection and engagement. It’s not the smartest thought leaders who are remembered, but those who can connect with their audience and make an impact. Join Peter Winick and Andrea Sampson as they delve into these powerful insights that can elevate your thought leadership to the next level. Three Key Takeaways: • Align Your Actions with Your Core Message: As a thought leader, it’s crucial to define what you stand for and ensure all your decisions and strategies align with that core message. This clarity will help you decide which opportunities to pursue and which to decline, keeping your brand and message consistent and impactful. • Strategy Enhances Creativity, Not Restricts It: Contrary to popular belief, having a well-defined strategy does not limit creativity. Instead, it provides a framework that guides your creative efforts, ensuring your ideas and messages are focused, relevant, and effective in solving your audience's problems. • Collaboration Over Competition: Thought leadership is not a solo endeavor. By collaborating with other thought leaders, you can expand your reach, enhance your message, and engage more deeply with your audience. Working together allows for shared learning and growth, creating a more impactful and memorable presence in the market. If you know your core message, do you have discipline around it?  Bill Sherman, COO of Thought Leadership Leverage, discussed the need for Message Discipline and the risks you take by not having it.

Today host Peter Winick welcomes Jason Silver, author of the new book "Your Grass is Greener: Use What You Have. Get What You Want. At Work and In Life." Jason, an engineer turned entrepreneur, shares his journey from tech to business and how a personal tragedy led him to reevaluate his approach to work and life. While building a  company in the AI space and pushing himself to the limit, a phone call changed everything—his sister was diagnosed with late-stage cancer and passed away nine months later. This profound loss forced Jason to rethink his priorities and laid the foundation for his book. Jason’s mission with Your Grass is Greener is clear: to help high-achievers realize they don't need to sacrifice joy for success and to empower those stuck in unfulfilling jobs to see they have the power to change their circumstances without changing careers. He believes that passion and performance can coexist, creating a positive cycle where enjoyment leads to better performance and vice versa. Although Jason didn’t write the book as a business venture, it naturally led to opportunities where he now works with executive teams, leaders, and founders to build high-performing, happy teams. His insights on decision-making—highlighted in two key chapters of his book—have resonated widely, uncovering a common challenge in many organizations: decision paralysis. He’s showing leaders how to make faster, more effective decisions by applying practical science, transforming how businesses operate. Writing the book taught Jason more than just communication skills; it taught him the art of engaging storytelling. He learned from his editor, who also worked on Atomic Habits, that effective communication isn’t always about brevity but about connecting deeply with your audience. Jason now sees storytelling as a vital tool for leadership and decision-making. Jason’s vision for the book is ambitious. He sees Your Grass is Greener as a catalyst for change in the workplace. He believes many are approaching work with a broken mindset, and the solutions we’re currently trying aren’t solving the deeper issues. Instead of job-hopping or pulling back at work, Jason advocates for a different approach: rethinking how we work to unlock massive improvements in both satisfaction and performance. Three Key Takeaways: • Balance Ambition with Well-being: Jason Silver’s book, Your Grass is Greener, highlights the importance of finding a balance between achieving professional success and maintaining personal joy. High-achievers don’t need to sacrifice happiness for their goals; it’s possible to enjoy the journey and achieve success simultaneously. • Empowerment and Agency in Your Career: Many people feel stuck in unfulfilling jobs, but Jason argues that you have more control than you think. By leveraging your existing skills and shifting your mindset, you can transform your current job experience without changing careers. This approach can lead to greater job satisfaction and improved performance. • Effective Decision-Making through Storytelling: Writing the book taught Jason the power of storytelling in leadership and decision-making. Clear and engaging communication, rather than mere brevity, can drive deeper understanding and better  decisions within organizations. This insight has proven essential in helping businesses overcome decision paralysis and improve overall effectiveness. Jason shared the very personal origin story of how his book was born. Are you sharing your thought leadership origin story?  Check out this short video by Peter Winick on the power of having an origin story.

In today's episode of Leveraging Thought Leadership, our host Peter Winick is joined by Bill Sherman, co-host and COO of Leveraging Thought Leadership, Dr. AJ Marsden, an organizational psychologist and statistician, Josh Bernoff, author of Build a Better Business Book, Marissa Eigenbrood, President of Smith Publicity, Inc., Alison Schwartz, COO of Gotham Ghostwriters, and Naren Aryal of Amplify Publishing Group. They discuss the findings of their recent research into the Return on Investment of publishing a business book. In today's presentation we will have a first look at the data that was gathered from hundreds of authors about their experiences getting published, the expenses incurred, and the results the book had on their business. These authors were reached through not only the friends and colleagues at Thought Leadership Leverage but those from many supporting sponsors such as Greenleaf Book Group, Marshall Goldsmith 100 Coaches, Page Two Books, and Zilker Media to name a few. Before the research could even begin we had to ask the questions "What is ROI?  How can you measure it?  How much does an author spend? What is the effect of different publishing models?  And what type of returns do authors see? In answering these questions we explore what the data tells us about the three different publishing models (Traditional, Hybrid, and Self Publishing), the role RP and Ghostwriters can play in the success of each. We also investigate the hard and soft costs involved in writing a book and what the returns could look like.  While many expect the sales of the book to account for much of their profit, we learn how using the book as a key part of a platform and gateway to other parts of the business is where real impact can be found. More questions will be asked and answered in the white paper that will be released in September as we continue to pour over the data. To get a copy of the paper when it's released e-mail [email protected]