Ryan Levesque, author of business methodology book Ask. Ryan wrote his book as a unique type of “business card.” It was a marketing tool for his “Ask Method” for businesses. After putting $1 million into his book, Ryan is now seeing the benefits, with tens of thousands of copies sold and a viable business in the education industry.
Famous 5:
- Favorite Business Book? – The Hard Thing About Hard Things
- What CEO do you follow? — Elon Musk
- Favorite online tool? — Slack
- Do you get 8 hours of sleep?— No
- If you could let your 20 year old self know one thing, what would it be? — Don’t be so afraid, man
Time Stamped Show Notes:
- 01:16 – Nathan introduces Ryan Levesque, author of Ask
- 01:55 – Ryan wrote the book as a business tool, “a business card.”
- 02:40 – The first half of the book tells his personal story, a polarizing element for the book.
- 04:08 – more than 55,000 copies have sold.
- 04:35 – He was introduced to a publisher with no royalty, and his second book will have an advance
- 05:18 – He spent $1 million of his own money
- 05:42 – The biggest expense was advertising
- 06:28 – “If you’re writing a book to make money on the book, you’re going to be disappointed.”
- 07:16 – His advance for his next book is a six-figure advance--around $250,000 to $500,000 would be ideal.
- 08:15 – One mistake was to use partners to sell the book.
- 09:00 – Podcasters were the one group that understood giving out free books.
- 09:30 – He met with several podcasts each week.
- 10:20 – Ryan originally wanted to drive traffic to the “Ask Method”
- 11:30 – They are now exclusively an education company.
- 12:05 – He made over $1 million a year on his different platforms, and eventually a business hired him for $50,000 up front and 5 % royalty.
- 13:00 – He shifted to focusing on larger businesses.
- 14:00 – He works with different markets and learns about how to refine his business.
- 14:50 – Today they help students apply the methodology to their business.
- 15:28 – The book and the program work hand-in-hand.
- 16:28 – Go to askmethod.com for articles and downloads.
- 18:36 – Ryan does the Famous Five
3 Key Points:
- Make your story personal.
- Don’t write a book to make money—if you do, you’ll be disappointed.
- Considering using a book as a promotional or marketing tool.
Resources Mentioned:
- Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
- Freshbooks - The site Nathan uses to manage his invoices and accounts.
- Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
- Audible – Nathan uses Audible when he's driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
- Show Notes provided by Mallard Creatives