At a 6 % interest rate, it takes only $ 917,000 and $ 333,333 in capital to generate $ 55,000 in rental income and $ 20,000
in eBook income respectively.
Not exact matches
Whether that means it's a passive
income opportunity such as by writing
ebooks or audiobooks, or it means engaging
in active
income activities like promoting your own course or affiliate offer or conducting a live webinar.
I'm curious as to why you would consider your
eBook as passive if,
in general, your advertising
income from the blog is not.
That $ 20,000
in income from real estate will actually generate me additional equity, and I can depreciate the asset, thus increasing my net worth more than the $ 20,000 from an
eBook would.
Let's say the Real Estate Rental produces the same $ 20,000 a year
in annual
income (after all expenses, pre-tax) like the FS
eBook.
If you continually use the money generated from passive
incomes, like earning royalties from an
ebook, collecting rent, or cashing
in cash back rewards, and put that towards your debt — you will accelerate progress and get out of debt using passive
income faster.
Writing an
eBook can be a great way to generate impressive amounts of passive
income as they are much more popular than traditional books
in certain areas.
Major publishers are announcing they will make over $ 250 million
in free
eBooks available to low -
income students.
Learning more about writing an
eBook can be the first step
in creating information products to build passive and residual
income in your online business.
As you say there is no real money
in eBooks, so
in the end writers may only continue to write for the joy of it and not to get an
income stream.
For example: I've just published a new
ebook (non-fiction) and at first I thought it would be just targeted for bike owners and people looking for extra
income (How To Make Money With Your Bike) and after I wrote it, I contacted a nationwide sign franchise with 575 stores, and proposed they become the publisher if we also put
in an order form, within the
ebook, that links their website with the reader.
Would - be prognosticators said this signified a «race to the bottom,» a scenario
in which all
ebooks would eventually be 99 cents or even free, leaving authors a pittance of an
income for all their work.
It seeks answers to a wide range of questions, including indie author
income, number and length of books published, formats (
ebook, print, audio or foreign), best marketing tools, retailers that result
in highest sales, and the authors» goals with regard to indie publishing.
That would definitely spell a big change
in income for many, especially those who move tons of
ebooks every month, but it wouldn't be devastating.
(Note: Polls are now closed and the results are listed
in this post about author
income and
ebook prices.)
(cont'd)- I'm giving away hundreds of listings on the Vault, and as a result of doing so, won't see one thin dime of
income on the site until October or later - Given all the time and money I've already sunk into developing the site, I don't even expect to earn back my upfront investment until sometime next year - I'm already personally reaching out to publishers on behalf of authors who are listed
in the Vault, on my own time and my own long distance bill, despite the fact that I don't stand to earn so much as a finder's fee if any of those contacts result in an offer - I make my The IndieAuthor Guide available for free on my author site and blog - I built Publetariat, a free resource for self - pubbing authors and small imprints, by myself, and paid for its registration, software and hosting out of my own pocket - I shoulder all the ongoing expense and the lion's share of administration for the Publetariat site, which since its launch on 2/11 of this year, has only earned $ 36 in ad revenue; the site never has, and likely never will, earn its keep in ad revenue, but I keep it going because I know it's a valuable resource for authors and publishers - I've given away far more copies of my novels than I've sold, because I'm a pushover for anyone who emails me to say s / he can't afford to buy them - I paid my own travel expenses to speak at this year's O'Reilly Tools of Change conference, nearly $ 1000, just to be part of the Rise of Ebooks panel and raise awareness about self - published authors who are strategically leveraging ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow author
in the Vault, on my own time and my own long distance bill, despite the fact that I don't stand to earn so much as a finder's fee if any of those contacts result
in an offer - I make my The IndieAuthor Guide available for free on my author site and blog - I built Publetariat, a free resource for self - pubbing authors and small imprints, by myself, and paid for its registration, software and hosting out of my own pocket - I shoulder all the ongoing expense and the lion's share of administration for the Publetariat site, which since its launch on 2/11 of this year, has only earned $ 36 in ad revenue; the site never has, and likely never will, earn its keep in ad revenue, but I keep it going because I know it's a valuable resource for authors and publishers - I've given away far more copies of my novels than I've sold, because I'm a pushover for anyone who emails me to say s / he can't afford to buy them - I paid my own travel expenses to speak at this year's O'Reilly Tools of Change conference, nearly $ 1000, just to be part of the Rise of Ebooks panel and raise awareness about self - published authors who are strategically leveraging ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow author
in an offer - I make my The IndieAuthor Guide available for free on my author site and blog - I built Publetariat, a free resource for self - pubbing authors and small imprints, by myself, and paid for its registration, software and hosting out of my own pocket - I shoulder all the ongoing expense and the lion's share of administration for the Publetariat site, which since its launch on 2/11 of this year, has only earned $ 36
in ad revenue; the site never has, and likely never will, earn its keep in ad revenue, but I keep it going because I know it's a valuable resource for authors and publishers - I've given away far more copies of my novels than I've sold, because I'm a pushover for anyone who emails me to say s / he can't afford to buy them - I paid my own travel expenses to speak at this year's O'Reilly Tools of Change conference, nearly $ 1000, just to be part of the Rise of Ebooks panel and raise awareness about self - published authors who are strategically leveraging ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow author
in ad revenue; the site never has, and likely never will, earn its keep
in ad revenue, but I keep it going because I know it's a valuable resource for authors and publishers - I've given away far more copies of my novels than I've sold, because I'm a pushover for anyone who emails me to say s / he can't afford to buy them - I paid my own travel expenses to speak at this year's O'Reilly Tools of Change conference, nearly $ 1000, just to be part of the Rise of Ebooks panel and raise awareness about self - published authors who are strategically leveraging ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow author
in ad revenue, but I keep it going because I know it's a valuable resource for authors and publishers - I've given away far more copies of my novels than I've sold, because I'm a pushover for anyone who emails me to say s / he can't afford to buy them - I paid my own travel expenses to speak at this year's O'Reilly Tools of Change conference, nearly $ 1000, just to be part of the Rise of
Ebooks panel and raise awareness about self - published authors who are strategically leveraging ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow au
Ebooks panel and raise awareness about self - published authors who are strategically leveraging
ebooks - I judge in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow au
ebooks - I judge
in self - published book competitions, and I read the * entire * book in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow author
in self - published book competitions, and I read the * entire * book
in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow author
in every case, despite the fact that the honorarium has never been more than $ 12 per book — a figure that works out to less than $.50 per hour of my time spent reading and commenting
In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow author
In spite of all this, you still come here and elsewhere to insinuate I'm greedy and only out to take advantage of my fellow authors.
-- At those 4 other stores, self - published indie
ebooks make up 22 % of all
ebooks purchases and take
in 32 % of all author
income generated by
ebook sales.
In 2012, about 35 % of my income came from ebook sales of my self - published backlist, and that income was instrumental in my being able to buy a house that yea
In 2012, about 35 % of my
income came from
ebook sales of my self - published backlist, and that
income was instrumental
in my being able to buy a house that yea
in my being able to buy a house that year.
While print sales are an important revenue source for publishers and traditional authors, indie authors and debut traditional authors are showing an even bigger lag behind their
ebook sales
in terms of
income.
These bundled digital files are offered by both stand alone authors who lump their titles together, such as Ella Fox's first four books
in the Hart Family series, or by a group of authors — such as the four erotica authors behind The Naughty List — who piggyback existing titles with each others» works for added promotion and publicity,
ebook bundling is a way to make additional
income and grow a fan base through digital.
With
ebooks gaining more visibility
in our culture and more authors trying to make a viable
income from their sales,... [Read more...]
In a letter to authors and their agents, viewed by Business Insider, Simon & Schuster's chief executive, Carolyn Reidy, wrote that the publisher is, «very happy with this agreement as it is economically advantageous for both Simon & Schuster and its authors and maintains the author's share of
income generated from
eBook sales.»
With
ebooks gaining more visibility
in our culture and more authors trying to make a viable
income from their sales, is it time for companies to pay for product placements
in books?
People who are
in the
income bracket to purchase
ebooks are more likely to, like me, just buy a tablet, load both Nook and Kindle software, and read whatever books they please.
It's been almost two and a half years since I released my first Emperor's Edge book, a negligible amount of time to those authors who have been
in the biz for decades, but a small eternity
in our new e-publishing era, one
in which independent authors are making full - time
incomes solely on their
ebook sales.
When I returned to
EBooks in 2008 through Mobipocket, I was surprised to see that become my primary source of
income by the end of that year.
As I said
in Why
Ebooks Must Fail and Advances Must Align to Risks, ebooks are currently sold with no advance cash payments and have the same discounts as print, leaving publishers with the onus of huge advance costs and only a trickle of income from individual
Ebooks Must Fail and Advances Must Align to Risks,
ebooks are currently sold with no advance cash payments and have the same discounts as print, leaving publishers with the onus of huge advance costs and only a trickle of income from individual
ebooks are currently sold with no advance cash payments and have the same discounts as print, leaving publishers with the onus of huge advance costs and only a trickle of
income from individual sales.
Finally jumped into self - publishing
in 2011, and now make a steady
income from my own
ebooks as well as a couple of other authors I publish.
There are no digital book success stories yet, most of the people on planes are not reading an
ebook, nobody's rich yet...
in fact, nobody's replaced their print
income yet.
For every superstar there are a plethora of the «midlisters»
in ebook land gaining readers and supplementing their
incomes.
For authors
in the middle, earning 66 % to 94 % of their
eBook income from Amazon, the decision can be tough.
Amazon is the world's largest
eBook market, so having promotional back matter
in your Kindle edition is crucial toward a viable
income.
In the financial year 2016 - 2017, I made 86 % of my book sales
income from
ebook sales.
Now, with tablets and color eReaders, clickable ads can be a reality
in electronic books — and a major potential source of
income resulting
in cheaper
eBooks for you, the reader, and larger advances and royalties for your pal, the writer, so she can keep typing away.
See where they hang out, how active they are online, what is their average age and
income, and what motivates them to buy an
eBook in the first place?
Typically, your
ebook sales will dwarf your audiobook sales and still be your main bread winner since you're getting a much higher cut of each sale, but there's nothing wrong with adding some
income on the side and being available and discoverable
in more places.
Nathan, you have underscored what I'm hearing from other sources about the loss of
income in ebooks, especially for a publisher like me accustomed to 50 % direct sales to readers.
The publisher has little or no incremental out of pocket cost to create
ebooks, therefore the
income should be split
in the same manner as subsidiary rights, which is generally 50/50.
The
income per book to the author is lower than
in the case of a sale, however, and only a very small percentage of all
eBook readers are members of the KU program
in any event.
A lot of writers prefer to sell through an
ebook distributor, accepting a smaller fraction of the sales
income in exchange for having to do less.
Not only are they fighting for lower prices, which sell more books, capture more of an audience, and make more
income... but Amazon just came out
in favor of
ebook royalties of 50 % of net.
It will increase the reader / author bond, esp because readers who like the
ebook will feel like they are «
in his corner `... I do nt think it will go the way free music downloads has
in terms of cds, where bands have to tour to make the
income they used to from cds sales...
In the long run, you can even write your own
eBook, market it yourself, and keep 100 % profit of your passive -
income generating
eBook.
But as we move down through various different «tax brackets,» from those making $ 500K down to those making $ 10K, the Big Five authors
in each subsequent lower - earning tax bracket are seeing smaller and smaller shares of their Amazon
income come from
ebooks and audio.
In the intro, I go into some pertinent publishing news: Kobo has become Tolino's tech partner, which makes it a much bigger player in the growing German ebook market; Amazon is opening a bookstore in New York City; while Barnes & Noble reported a 9 % decline in sales over the holiday period, there's discussion on the impact of the All Romance Ebooks closure, and once again, I talk about the importance of multiple streams of income, as well as multi - currency / multi-country income in order to weather the changes undoubtedly ahead and hedge against potential economic change
In the intro, I go into some pertinent publishing news: Kobo has become Tolino's tech partner, which makes it a much bigger player
in the growing German ebook market; Amazon is opening a bookstore in New York City; while Barnes & Noble reported a 9 % decline in sales over the holiday period, there's discussion on the impact of the All Romance Ebooks closure, and once again, I talk about the importance of multiple streams of income, as well as multi - currency / multi-country income in order to weather the changes undoubtedly ahead and hedge against potential economic change
in the growing German
ebook market; Amazon is opening a bookstore
in New York City; while Barnes & Noble reported a 9 % decline in sales over the holiday period, there's discussion on the impact of the All Romance Ebooks closure, and once again, I talk about the importance of multiple streams of income, as well as multi - currency / multi-country income in order to weather the changes undoubtedly ahead and hedge against potential economic change
in New York City; while Barnes & Noble reported a 9 % decline
in sales over the holiday period, there's discussion on the impact of the All Romance Ebooks closure, and once again, I talk about the importance of multiple streams of income, as well as multi - currency / multi-country income in order to weather the changes undoubtedly ahead and hedge against potential economic change
in sales over the holiday period, there's discussion on the impact of the All Romance
Ebooks closure, and once again, I talk about the importance of multiple streams of
income, as well as multi - currency / multi-country
income in order to weather the changes undoubtedly ahead and hedge against potential economic change
in order to weather the changes undoubtedly ahead and hedge against potential economic changes.
Is it saying that they are willing to lose on thier
income from
Ebooks and specifically amazon for them to be able selling the more expensive paper copies
in other stores around the world?
When the
ebook market was doubling every three months
in the period between 2011 and 2013, experts told publishers that if they could raise the
ebook price, the anchor for those
incoming customers would be different (read: higher) than the existing prices set by Amazon.
«The course is called Create Passive
Income with
eBooks and we have 8 different modules
in it.
Charge for
eBooks on a sliding scale: One of the reasons piracy is so common
in middle
income and developing countries is that people just don't have that much disposable
income.
What if the distributor can provide an «unlock» code for the sender / receiver of the
eBook at a minimum fee
in order to generate
income for the
eBook that has not been purchased?