I was reading a very interesting email over the weekend.
The email shared the story of a guy who spent two and a half weeks writing a book which he published on Amazon last year.
That one book has generated roughly £56,400!
This guy runs several businesses including a successful fiction writing business which earns him six to seven figures each year.
This book that he published last year was not one of his fiction books; it was a non-fiction book which helped solve a problem.
Because it wasn’t fiction, he was able to sell it for a slightly higher price.
With this being a ‘how-to’ style information focused book, he didn’t write a book off the top of his head, he simply went to a specific tool that:
- Showed him what people were searching for on Amazon.
- What the competition was for specific keywords.
And get this…
- How much he could potentially make each month from selling books based on specific keywords.
- And what price to sell his books at.
He has since repeated the process and now has several of these ‘how to’ style books all earning him over £1,000 per month, each!
Because he has written books around specific keywords and searched terms, he does very little marketing.
He does this for passive pocket money.
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These books generate a passive income which he uses to top up his retirement fund.
He says that he expects to retire from all of his businesses, which are now mostly being run by employees, at the age of 38.
He says that these books are his side-side-side-side-side gig.
They are not his main businesses. They are not his main focus. They are something he works on on the side when he has any spare time.
And yet these books bring in over £158,000 in royalty profits each year.
That is the great thing about owning your own intellectual property such as eBooks.
They are assets which people can buy online for many years, generating an automated and passive income.
He sells most of his books on Amazon and Audible (audio versions of his books), but he also sells them from his own websites too.
When you create your own digital products such as eBooks, you can add them to multiple platforms to sell. And once they are on those platforms, you need not doing anything else.
Everything is automated.
You can do the same.
If you would like to learn how you too can have your own fully automated passive income system earning you a passive income, go to:
The 30 Day To £30K Challenge
Kind regards.
John Harrison.
PS… You can create and publish your own digital product within 30 days and have a passive income asset online for many years.
There is no number to how many digital products you can publish.
Here’s that link again: