Writing Made Them Rich #3: Richard Bach

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 by: Michael Southon

One day in the mid-1970's a young man stumbled into a diner somewhere in the United Sates.

Slung over his shoulder was a kit-bag that contained
everything he owned. He was unshaven and needed a shower badly. He had
very little money, but enough for a phone call.

He rang his bank and asked how much was in his account.
A woman's voice informed him - to his amazement - that the balance in
his account was four million, three hundred thousand dollars.

His name was Richard Bach. Six months before, he had
submitted a short story, barely 10,000 words long, to a New York
publisher.

For the last three months he had been living the life
of a nomadic 'barnstormer', taking people on joy rides for $5 a flight
and sleeping in fields under the wing of his bi-plane.

Hardly able to believe what he had just heard, he rang the New York publisher to whom he had sent the manuscript.

"Where on earth are you?" asked a woman's voice. "We've
been looking for you for three months! Radio and TV want interviews
with you, a publisher in Spain wants to buy the Spanish rights to your
book..."

He had been completely unaware that his short
manuscript, titled 'Jonathon Livingstone Seagull', had become a runaway
best-seller.

Unfortunately, this success story had a sad sequel.
Like many people who suddenly become wealthy, Richard Bach knew very
little about managing money. He entrusted his new-found fortune to a
financial advisor who led him astray, to the tune of millions of
dollars.

Within a few years he was broke, and With the IRS
hounding him for unpaid taxes he was forced to declare himself
bankrupt. He signed away all future earnings from 'Jonathon Livingstone
Seagull' to the government, as well as the rights to any future books
he might write, and began the arduous task of rebuilding his life.

But there was a happy ending: he sacked his financial
advisor and wrote a string of new books that were also best-sellers:
within a few years he was solvent again and able to buy back the rights
to all his books.

(c) 2002 by Michael Southon

About the Author

Michael Southon has been writing for the Internet for over 3 years. He has shown hundreds of webmasters how to use this simple technique to get massive free publicity and dramatically increase traffic and sales. Click here to find out more: http://www.ezine-writer.com

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