Get Residual Income from eBooks – How to Do It
Creating Kindle ebooks can be a great way to earn residual income from home. Write a single book – and get paid over and over for it. Write multiple books and make even more.
What many people don’t know, however, is that you don’t have to be an experienced writer to create a digital book and sell it on Amazon. You don’t have to hire an agent or publicist either. You have a lot more flexibility than a traditional author would have – plus the cost of entry is very little.
The people best suited for this opportunity are those who have a skill (ie crafts, music, technology, gaming, fitness, cooking, etc..) or knowledge on a certain topic (ie how to fix things, beauty tips, traveling to certain locations, ways to save money or where to find coupons, etc..) that they can share with others. In the form of a book!
Piggy-backing on my last blog post on Google Helpouts, this is another way that you can take the knowledge that is already inside your head and make money with it. No need to set up a shop or purchase expensive inventory.
Now, keep in mind that ebooks don’t have to be long. In fact, many people who are looking for an answer to their problem or want instructions on how to do something don’t want to do a lot of reading. They would rather get the answer quickly and easily with minimal work.
Many digital books sell for less that $10 and even under $5 for shorter books that are less comprehensive. This is now a problem for most authors, though, because ebooks can cost virtually nothing to produce. That leaves a lot of profit leftover.
This is all well and good, but the confusing part is how to get started. You make a lot of expensive mistakes when your starting out, which means that you have to re-coup all of those losses before you can start turing a profit.
A good resource for learning the ropes faster and cheaper is blogger Stefan Pylarinos. Not only has he made money creating and selling ebooks – some of them have not even been written by him!
Click here for more information
Source: http://thenewbusinessidea.com/get-residual-income-from-ebooks-how-to-do-it/
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