How to make money publishing a book
So you want to make money publishing a book? That’s awesome! You’ll be happy to know that since 2013, I’ve helped over 50 authors become #1 bestselling authors on Amazon and I’ve learned a few things about how to make money publishing a book.
The first thing to understand is that there are 2 types of income streams from publishing a book: Direct and Indirect.
Direct income is from the book itself in the form of royalties. For example, if you self-publish an ebook on Amazon and price it between $2.99 and $9.99 then you will make 70% royalties. My client Nancy Hartwell, who was one of my first clients in 2013, is making direct income from the royalties of her book. She calls it “mortgage money! Her book has been on the top 5 on the bestsellers list for 4 years now and it pays for her monthly mortgage and then some. Nancy has now published 3 books in her series and had them translated into different languages, so now she has multiple streams of Read More…