Elevate Your Niche Library
7 Jan 2025
A look at how niche publishing can build cash flow and intellectual property value. The speaker discusses acquisition as a potential exit strategy for a focused publishing business.
A look at how niche publishing can build cash flow and intellectual property value. The speaker discusses acquisition as a potential exit strategy for a focused publishing business.
So what is even more interesting is if you think about that bet and you go, I'm going to go into a sub genre. I'm going to elevate the experience, I'm going to flood it with quality volume. You're also not just building cash flow from book sales or long term IP value, turning it into series, but you also could break that into its own company. And then a publisher goes, whoa, you built a niche library, will acquire your little publishing house for whatever. So you also have exit potential. Do you know what the multiples are on publishing houses? I have no idea, but I'm going to guess it's in the ballpark of like 5 or 10x because you're buying IP.
What Every Writer Gets Wrong About Their Audience #writing #creator #writingtips
