Bill Ruesch thinks not.

Today’s publishing reality is that approximately 4% of manuscripts submitted to publishers ever become books. If you have written a book you need to face the truth. The odds of getting your book published through traditional methods are slim to none.

Recently a self-publishing author of my acquaintance inked a deal with a major publishing company for some very large bucks, maybe the largest in history for a new author. How did he do it? I’ll tell you.