378: How to Leverage Authority Marketing with a Book- with Henry Devries

Social Capital

Meet Henry DeVries

Henry DeVries, MBA, is the CEO of Indie Books International, a company he cofounded in 2014 to work with agency owners and strategic consultants who want to attract right-fit clients by marketing with a book and speech (www.indiebooksintl.com). He is the author of 17 books including Marketing With A Book For Agency Owners. Since 2010, he has ghostwritten, coauthored, and published more than 300 business books, including his McGraw Hill bestseller How to Close a Deal like Warren Buffett. Henry’s articles have appeared in forbes.com, the Associated Press, and various magazines. He can be reached at [e-mail]. Learn more about Henry by visiting the website for Indie Books International: http://www.indiebooksintl.com.

Henry, how does a book help with your authority marketing efforts?

Well, as our friends at Predictive ROI and Agency Management Institute say, a book can be the cornerstone for your authority marketing. And then the real leverage is talking about doing what I'm doing here on a podcast with you. Or I'm going to be giving a speech tomorrow at the University of California at Irvine at their innovation center. A lot of these [opportunities] come from the writing that I do and being an author; that makes sense to be on a stage. So, you use the book as the authority marketing tool. Your sales strategy is talking about the book. And that's what gets you the right fit prospects into your sales pipeline.

Why do you say publishing the book is the starting line and not the finish line?

There are so many people out there who're all about the book, about coaching you to write the book, and/or writing the book for you or their publishing service. And you get your book out. But let me give your audience a hard truth… Nobody gets discovered because they write a book. It's like nobody gets discovered because they put a website up on the internet. Books don't promote authors, authors promote books. And in the promotion of the book with the spotlight being on the book, it reflects on you and attracts people who want to have conversations with you about what you do and how you solve problems for people like them. So, we say publishing the book is the starting line. And it's a marathon, not a sprint. This is a long race you're going to be going on, and I have some minimum monthly requirements for my authors. Here they are. One: Do Two Showcase Speeches a Month. Either podcast or something you host like a Q&A session, or on somebody else's stage where you're a virtual or live presenter. Two of those a month and then send 20 books out a month. Two: People Who Could Book You as a Speaker Could Hire You for Your Service. If you do that on a consistent basis, you're gonna sell enough books to pay for the whole effort. And then we measured a return on investment of 4x to 220x. In other words, if people put in, let's say, $25,000 into this effort, they should get $100 to $250,000 to a half million back in extra revenue. And we have a study that shows that. People are on record with the amount of money that the book has made them. And we're out there with measurable results and testimonials to prove it.

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Email Henry ([e-mail]) to get a free digital PDF copy of his book “Marketing with a Book” or “Persuade with a Story!”