I read today that there are growing fears that 2023 is going to see a lot of companies collapse and go bust here in the UK.
In an article published on the BBC website, insolvency firm, Begbies Traynor, said that the number of firms on the brink of going bust jumped by more than a third at the end of 2022.
That number is expected to rise due to the higher costs companies are facing and the fact consumers are cutting back on their spending.
Also on the BBC website is an article claiming that the recent energy prices have pushed UK borrowing to a 30-year high!
In a nutshell, a lot of people are borrowing money simply to keep the lights and heating on.
Obviously that is going to have a knock on effect with people cutting back on their spending which, as we have seen, is affecting companies that are struggling.
One owner of a brewery in Manchester has said that he has thought about closing his business at least once every month since 2020.
The stress of keeping the business going has led to him developing a heart condition.
No one’s health should suffer from simply trying to make money so that they can live.
I hope nothing happens but if he was to have a heart attack and die, he basically died trying to live… and that’s just so wrong.
Things are looking bleak for a lot of people, which is why I believe that people, who are short of money and struggling, need to find a way to make extra money which is not going to eat into whatever money they have and take up a lot of their time.
I have written several times about ‘writing’ as a way to make money because it is an incredibly easy way to pocket extra pounds in your spare time from the comfort of your own home… but I want to talk more about publishing your own digital content.
When you write and publish your own content, you are putting something online that people from all over the world can buy at any time of the day or night.
An eBook is not like an ‘extra shift’ at work where you get paid for the hour and that’s it. An eBook that took an hour to write can pay you many times over for many years.
The more eBooks you publish, the more people can buy giving you a greater chance of making more money.
Obviously, if you put your eBooks on your own website, you need people to find them and so you will need to do some promotion, but a lot of that can be done in the eBooks that you sell.
Each eBook will point to others in your portfolio.
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One of the most powerful things about eBooks is that they are digital which means the original files can be replaced with new ones meaning that you can update an eBook incredibly easy.
When you create a new eBook and want to mention it in your previous eBooks, you can modify the original documents of those previous eBooks and then upload the new version to your website and whenever anyone buys a new copy of your earlier eBooks, they will see your latest eBooks being promoted in them which will help to sell them.
With eBooks being digital, they do not need you to have thousands of copies printed and you don’t need to post them to people.
They are delivered automatically as soon as a buyer has paid.
The eBook is either delivered to the customer automatically via email or the customer is sent directly to where they can download it.
You don’t need to do anything as part of the purchasing process other than look at your phone when you get the notification informing you that ‘you have made another sale’.
If you write about specific subjects and price your eBooks accordingly, you could be earning between £19.99 and £97 per sale… possibly more.
Making just one sale a week of a £97 eBook is surely better than working an extra 7 to 9 hours at work or at a second job.
Four sales per month of one £97 eBook is £388 which would to be a big help to most people.
Four sales per month is just me being conservative with my estimates, there is no reason why you cannot sell a lot more than that.
You can price eBooks at any price you want… you may prefer to write short and simple eBooks that you price for £4.99 or £9.99… it is completely up to you.
You could sell a monthly subscription where people pay you a specific amount each month to receive one or several new books each month.
Writing and publishing digital books is a fantastic business model because it can be done from home with ease and it can be taken anywhere in the world.
You can just as easily write and publish a new eBook in Sydney, Australia, as you can back home…
Or if your home is Sydney, Australia, you can just as easily write and publish a new eBook in London.
It doesn’t matter where you are, you can publish new content online and make money.
You just need to want to do it… and to make a start.
And if you believe getting started with publishing your own eBooks is hard, let me tell you that it’s not.
You can see how easy it is in The 30 Day To £30K Challenge.
In the easy to follow videos, you will watch as Andi creates his own eBook and publishes it live online within 30 days.
If he had been working on it full time instead of doing it in his spare time, he would have had it online within a week.
All of the books and manuals we have published in the past have earned £30,000 or more hence why we titled the product The 30 Day To £30K Challenge.
After 30 days you should have a product live online that has the potential to make you £30,000.
If there was ever a time to create your own passive income business publishing eBooks, today is it…
With extortionate living costs crippling Britain, is now not a good time to challenge yourself to create your own products which could possibly earn you £30,000 or more?
To discover more, click the link below:
www.The30DayTo30KChallenge.com
Kind Regards
John Harrison
PS… Any extra money coming in passively is a bonus and a huge help. Having several bills and your rent or mortgage paid for by people buying your eBooks is a powerful position to be in.
Here’s that link again: