What
I find interesting is a lot of authors talk about putting together an author
business plan, but at the same time I don't see concrete examples of what these
author business plans look like. I am a big proponent of writing by example,
and writing the executive summary has been difficult a difficult process.
Typical executive summaries highlight what's inside the entire business plan
and is written toward investors. The executive summary generates a buy-in, but
as an author you are not asking others to invest money; you are asking yourself
to invest in you. An author executive summary, to my way of thinking, is more
personal, more intimate. You don't have to share the executive summary publicly
because the executive summary is a private affair. Thus, also probably the
reason I don't see author's executive summaries posted online.
If
you have written an author business plan, I want to know. Specifically, I would
like to see the executive summary. How did you write the summary? What was your
process? What was your thinking when you drafted the executive summary? You are
more than welcome to post your executive summary or business plan writing
adventures in the comments below. Or, if you want to be more private about the
affair, feel free to email me.
I promise not to spam you. :)
I
have found several online resources for the business plan's executive summary
from purely an entrepreneurial pursuit, a more traditionally aligned "Let's
make money by selling stuff and/or services" attitude.
●
Entrepreneur has a nice template.
●
Mplans, which basically sells business
writing software, has a decent executive summary sample that is reminiscent
of my pizza shop experience.
●
Alxel Schultze, CEO of Society3 posted a run down of a one pager, which I really like.
●
Amy Fontinelle wrote a piece on
Investopedia.com titled Business Plan: Composing Your Executive Summary.
I've
used these sites to assist me in composing my own executive summary.
What
I liked in particular about Fontinelle's piece was that she quoted William
Gregory O, an Illinois attorney and owner of the law firm Lex Scripta LLC and
Mike Coleman president of The Startup Garage, and these two dudes basically say
if the executive summary is not engaging, then potential investors won't look
beyond that page and won't bother investing. Because the investor in your
author career is you, the executive summary is written to grab your attention
and no one else matters. My executive summary is personal and fits only my
personal needs. It excites me to read my own executive summary. I want to buy
this guy lunch and a beer:
I am an author embracing the creative life and
helping other authors to do the same. I write mainstream literary fiction and
fantasy fiction. My audience includes independent authors, literary readers,
and fantasy readers. Currently, my audience resides on Amazon. Eventually, my
audience will also reside in brick and mortar bookstores. I sell stories. More
specifically, I sell stories that not only entertain but hopefully speak to a
greater truth in relation to the human experience. I also sell the author experience,
although not necessarily for monetary gain. I help people to succeed in their
writing endeavors.
This, of course, is only the first
paragraph of the executive summary. The rest of the piece needs to highlight
the entire author business plan. After the entire plan has been drafted, I will
be returning to the executive summary to include the plan's highlights—so as
this blog series continues, look forward to that future post. Next week: the
business description.