5 Quitting KDP Self Publishing - kindle direct publishing
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kindle direct publishing |
I want to tell you why self-publishing on Amazon KDP is such a great opportunity at the moment, but in ways that might not be completely obvious to you at first and in ways that could be way more valuable to you than just earning money from kindle direct publishing books.
if kindle direct publishing so easy, why isn't everyone doing it?
It's too saturated. And if it is so easy to create an income, why am I even teaching it and not just creating more books. All perfectly valid statements. Except for one thing I never said this business was easy. In fact, I've never come across an online business that is easy. The easiest money I've ever made hasn't come from a business as such.
It's come from investing in arts stocks and cryptocurrencies. I've had similar thoughts in the past, but the problem is it's very shortsighted and good examples of short-term thinking. Let me explain. I'm going to tell you my thoughts on this business, how it helped me grow as a content creator and business owner.
And more importantly, show you guys what's possible if you decide to go along the route of becoming an online self-publisher and what doors it can open along the way. You'll be surprised.
My Background About kindle direct publishing
my background. When I started this business around the middle of 2018, I had no idea this would work. I'd published some short stories three or four years earlier. Some were relatively successful. I think I wrote around 15 over a period of about six months. But the income was never great. I enjoyed it, but changes to Amazon's royalty schedule meant that the income quickly took a nosedive and there's a learning lesson there as well. But I had learned how to create a book, a cover, format it, and publish it on the KDP platform.
So when by chance, I came across a video by Kelli Publish. It was like someone had suddenly turned a light switch on, and I thought, what a genius idea. I liked writing the books. It didn't cost much money upfront, except I think I paid for Scrivener about $30 or something. But I really liked to know these books were sat on Amazon, not costing anything to store. And it had minimal creation costs except for time.
So when I came across these no content and low content books, I could see the huge opportunity they represented. These books didn't require hours and hours of writing and editing. You could create them quickly, experiment, and create an army of books on Amazon, waiting for customers to buy and therefore creating a passive income. You put in the work upfront and wait for an income further down the line.
And the profits from these books were more than from the written books. It was superb. I couldn't find anything wrong with the model. Now, like you, I saw people creating these books online with a few making five figures a month. Of course, I was a little skeptical and had similar thoughts to those comments I mentioned earlier. But I couldn't see any downside. And I was determined to work at it until I made it a success. So I went all-in on it.
And over about a year, I created something like 2,400 books at the same time as working a full-time job. I'd be creating them whilst at work in the evenings, any spare time I had and the income rose, especially when I finally came across a design that customers seem to like. And I'd also learned how to use Adobe illustrator, pretty adeptly. Now I wasn't thinking of five figures, but to me, 1 to $2,000 a month would have made a significant impact.
How to earn from Amazon Kindle
I mean, if they could make five figures, surely I could make a couple of grand. That was my thinking anyway. So nothing was going to stop me. Now I know a lot of you guys are at the beginning stage, not convinced you can make this work, or if it works at all. You've created books, not got any sales or making only a few sales. So I know what it's like. I've tried many things. On eBay, selling used. Books on Amazon, creating websites and they didn't give me the success I wanted.
But it was down to one common factor. I didn't persist at it. Maybe six months max. With low content books, I had set myself a challenge that I wasn't going to give up this time, no matter what. I Gave myself a three-year goal to create an income of 1 to $2,000 a month.
And what gives me satisfaction is knowing some of you who will follow this path will persist and succeed and make a change to your life. I know from the comments who some of you already are, even though you may not be reaching your goals just yet. And making money online is often at the start, a lonely endeavor. You often have people around you who are skeptical of what you're doing,
even if they are openly supportive. Having a channel like this brings like-minded people like yourselves, who are all on this similar journey together. It builds a community. And I know it helps you guys knowing there are others out there on a similar path. It's something I want to concentrate on building in the future. Somewhere where you can all join in,
and have a better community experience, share ideas and problems, and hopefully learn from each other. Maybe not just with books, but with other online ventures as well. Now,
. I suddenly realized I had something to say, something to talk about, and that was self-publishing books on Amazon. I know a lot of people were or are in my situation wanting to create that second income, build a side hustle, even quit their job. And I had something that people would be interested in, would want, and could use, which was essential information on publishing and making money online.
Now, I couldn't have grown, obviously, for which I'm eternally grateful. But I couldn't have grown it had I not started publishing and experimenting, creating books in the first place. And what some of you will find if you persist with this business, is that not just the money-making aspect from the sale of books, but something completely different and something much more valuable because if you persist at it, you will have built that mindset of creating content and you will have developed skills,
using graphic design skills and using software, keyword research, niche research, writing, compelling titles, and headlines. All skills for any online business. So with these newly acquired skills and knowledge, you're positioned to jump on any opportunity that comes your way or that you just fancy pursuing. Just like I did when I first came across the no content and low content publishing business. I'd already built the skills and had knowledge of publishing,
but I couldn't have predicted that in 2014 when I first started writing books. Opportunities could come along a few, like creating Merch, t-shirts, hoodies opening, an Etsy shop or Shopify store .using the great pattern you've designed to create soft furnishings, cushions, curtains, or phone covers that you can sell online.
The possibilities are literally endless. So don't think of this particular business as a be-all and end-all, your only hope of making money. It's just the start of a long and hopefully profitable journey if you persist at it. It would be a waste if all you did was create a few books, not make any sales, declare this opportunity a scam, or not feasible, and move on to the next thing in search of something quick and easy.
I saw lots of people making money with a channel. I wasn't sure if it would work for me. I had all the normal skepticism, but I did what you're doing now. I watched videos by Nick Nimbin, Brian G. Johnson, and Think Media. I bought courses, read and learned, and was determined to give it a go. And I said to myself that I would spend at least a year giving it my all because I knew if I did that, it would either work or some other opportunity would appear.
I could've believed it was a scam and thought, why would they bother teaching if teaching it, if they could make all that money? Well, believe it or not, it's not just about the money otherwise I'd go back to my old job working 60 hours a week. And I'm sure it's the same for many that teach online. There's an incredible amount of work that goes into just creating a short 10-minute video with no guarantee of success.
And I put in way more hours than I did at a job. But for me, it's about imparting knowledge and creating something worthwhile, and building a business at the same time. I don't know what path this channel will take in the next couple of years and what opportunities might arise,
but I know something will happen, which makes this online business space very exciting. And that's how you should look at it. And that's what I want for you. You're creating a business that if you work at it, commit, and persist will succeed at it. But I guess what I want to say is that you may not succeed along the path you think it will be at the moment. It could be something completely different. But you wouldn't have got there without doing this at this very moment. So keep your mind open and follow a path, whether it is publishing or something else, but stick to it and learn because it will turn into success further down the line in some form or another.
What I found and what you will find is that success and satisfaction don't come from something quick and easy. It comes from commitment, not giving up struggling, and seeing it through. There's actually a book by Ryan Holiday called The Obstacle is The Way which talks about this very thing. I'll leave a link to it down below. Now if you're just starting out, then watch this playlist here where you can learn all the skills required to get into this business
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