Self-publishing was once one of the trickiest areas of publishing. If you chose the wrong company to print your books, you risked the chance of the books not appealing to readers. If you spent too much on your publishing needs, you had a hard time turning a profit. Thanks to Amazon, Barnes & Noble and other companies, you now have the change to write and sell your own electronic books. With a little hard work, you can use publishing as a wealth creation tool to make more money through different revenue streams.
Build an Audience Through Ebooks
Industry expert Stephen Wynn recommends that you start with a topic you have some knowledge about. Writing and publishing your own ebook through Amazon and other sites is a good way to get your feet wet and increase your presence online. The more books that you write, the more money you’ll see coming in every month. Most websites give you a percentage of what your books sell for and deposit the funds into your check account or send you a paper check every month.
Pull Readers Into a Pay Site
Once you have a few books published under your name, you can look for ways to showcase your expertise. One of the best ways is through a pay site. Also known as a membership site, this is a website that offers new information for your readers. You might put up a few articles and explain what members can get once they sign up. This helps drive more traffic to the site. Paid sites should offer more than just a handful of articles and information available for free elsewhere. You might share videos with members or host question and answer sessions that let your members get feedback from you.
Become a Seminar Speaker
Becoming a seminar speaker is a great way to earn additional money at the same time that you share your experience with others. The top speakers in the world today can command as much as $100,000 for just a few short hours. If you have branded merchandise, you can make more money selling those products during your seminars. Those who attend will want to buy books, clothing, workbooks and even audio tapes developed by you. Seminar speakers often travel the world and meet with different groups throughout the year.
Hook Your Readers
You want to hook your readers and get them excited and willing to pay for your products. Think about your experience and knowledge, and decide what you want to write about. Make sure that you add your own personal touch to things and that you offer something different to your customers. After writing a single book, you can turn that book into a series of other products, including an audio book and a DVD of a seminar you did. Hooking your readers with one product can make them eager to learn more, which will make them buy more from you.
Self-publishing lets you write about anything you want and make money from your writings. You can also use those books as a form of wealth creation and transition into other fields, including seminars and membership sites. With more than one revenue stream, you’ll find yourself making money every day from each of your resources.
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