[33] Ferol Vernon: "Hey Dad, we're out of gas."
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Vernon grew up in an entrepreneurial family: His father ran a hotel, and his mother was an artist. His introduction to running a business started when his father told him, "I'm done mowing the lawn; it's your job now."
Vernon and his wife "bet the farm" and took the plunge into entrepreneurship. They own a media company that helps authors and publishers to connect with more readers, a tough problem in a challenging industry. Their mission was to offer authors an effective, reliable channel for book marketing at a time when other book promoters often "took advantage of authors' hopes and dreams by promising them the world."
Their solution is self-service and done-for-you book promotion, where authors manage their book promotion at a budget they can afford.
But, as Vernon explains, to be a successful book publisher, authors must understand the concept of "the lifetime value of a reader" so their art can become a commercially viable product.
Listen to find answers to the following:
- The biggest lesson Vernon learned mowing lawns
- What did he mean by "I didn't know how good I had it?"
- What kind of a job do you get with a Classical Civilization degree?
- The difference between art and design
- What did Vernon say when he chose entrepreneurship, and why is this the last thing any entrepreneur ought to say or think about
- What is entrepreneurial inertia?
- What is the #1 reason why business (nonfiction) book authors fail?
- "The one thing we missed that everyone leaping into entrepreneurship must recognize and prepare for."
Connect with Vernon and learn more about his services:
https://www.linkedin.com/in/ferol/
https://www.freebooksy.com/for-the-authors/
70 episodes