If you are a beginner and don’t have a lot of money, pay close attention to the business model that I’ll discuss in this article. It’s one of the best ways to start an online business at home. The business model is called self publishing on Kindle.
Publishing books on kindle is one of the most beginner-friendly businesses out there. The learning curve is relatively short and it doesn’t require a lot of money to start. Another good thing about Kindle publishing is that it doesn’t consume much of your time, compared to other business models.
Without further ado, let’s dive right into it.
What Is Kindle Publishing?
Self publishing on kindle is basically the process of creating an ebook and publishing it on Amazon. There are 3 main things you need to do. First you have to create the book. Second you have to create a cover photo. And third, you have to market the book.
You don’t have to write the book or create the cover yourself. You can hire a ghostwriter or a graphic designer to do that for, but we’ll discuss that later on.
After you have published the book, marketed it and started getting some traffic to it, you will eventually start to get sales and earn money.
Depending on the price of your book, Amazon will pay you royalties each time someone buys the book. If the book is priced for less than $2.99 you’ll get 30% royalties and if it’s priced between $2.99 and $9.99 you will get 70% royalties.
How To Self Publish On Kindle?
The first step to self publish on kindle is to find a niche. It’s important to do your research and find out what people really buy on Amazon. You don’t want to publish a book that nobody is interested in.
The next step is to do a keyword research and write a title that sells. The easiest way to do that is to analyze your competition. See what titles they are using and module them. Search through the top results and see what keywords they use in order to get sales.
After you have created a title that sells it’s time to design your book cover. Don’t worry if you are not a graphic designer. You can hire someone on Fiverr to create a cover for as little as $5.
The next step is to write the book. Here you have two choices.
- Write the book yourself
- Hire a ghostwriter
If you choose to write the book yourself, you will save a lot of money. The downside is that writing a book will cost you time and energy.
Hiring a ghostwriter is the most popular option. A ghostwriter is a person who writes the book for you and gives you all the rights to his/her work. Your book will be done really fast ( less than 3 weeks), but the downside is that it will cost you money.
Ghostwriters usually charge $100 for a 5,000 words, which is the length that I recommend for beginners.
There is no right or wrong answer here. Choose the option that suits you best.
Once your book is fully completed, it’s time to start marketing it. Amazon will help you with rankings in the beginning, but they can’t do all the work for you.
You have to market the book. The easiest one would be to do paid advertising, but I know a lot of you don’t have the money to invest, so let me share with you a few free ways to promote your Kindle books.
- join relevant Facebook groups
- join forums in your niche
- guest blogging
- social media
- email marketing
Remember that when it comes to free marketing, you don’t want to just spam your book all over the internet. You have to engage with people and build trust. Only after that can you start telling people about your book.
You may also want to check out my post about 8 Ways To Generate Free Traffic.
‘’But I Am Not A Writer…’’
Many people have the false perception that they have to be writers or have an English degree in order to do self publishing on Kindle.
The truth is that you don’t have to be a professional writer in order to do Kindle publishing.
You can hire a ghostwriter to write the book for you. Here is how it works:
- The ghostwriter writes the book
- He/She delivers it to you
- You own all the rights of the written content
You might be asking yourself ‘’Why would someone want to write a book and then give away all the rights?’’. The answer is simple.
They just don’t want to bother promoting the book. There are many people who enjoy writing, but they are not good marketers. That’s okay as long as it is a win-win situation. They get paid and you receive a book in return.
The Quickest Way To Succeed With Self Publishing On Kindle
As every other business, Kindle publishing requires work. You have to put time and energy into it before you start seeing the results.
It can be a very overwhelming process if you try to figure out everything on your own. What many people do is that they start Googling around topics like ”How to do Kindle publishing?”.
This is a good way to begin with. it will give you a general overview of what Kindle publishing is. You might even learn some promotion strategies as well, but there is one problem.
The internet is too broad and it would literally take you years to go through all the free information out there.
A smarter move is to invest in a course. A course is a collection of all the knowledge and experience that someone has gained throughout the years. It shows you the step-by-step process and you have everything you need in one place.
The best and most comprehensive course on Kindle publishing , that I have found is called K Money Mastery.
Update: K Money Mastery doesn’t exist anymore. It has been updated to K Money Mastery 2.0, which is an even better version of the course.
Its creator, Stephan James is a successful online entrepreneur who has managed to achieve enormous results in very short period. The very first step he took towards his 6 figure income was self publishing on Kindle.
His course K Money Mastery is the best Kindle Publishing course out there and it teaches you everything about Kindle publishing.
Apart from the excellent step-by-step guide, you will receive many bonuses such as: Kindle Publishing Rituals For Scaling Up, Accounting Basics For Your Kindle Business, Ghostwriter agreements, Ready to use templates, lists of useful online pages and many other amazing bonuses as well.
Another very useful online course for self publishing on kindle is ‘’How to write a book in less than 24 hours’’. This is a great program for those of you who want to write your own books.
Many people enjoy writing and want to publish their own books, but it just takes so long time to write them.
In this program you will learn everything from tips and tricks to great strategies that will immediately shorten the time you need to write a book. It is actually possible to write a book in less than 24 hours and this program shows you exactly how.
Disclosure: This page contains affiliate links, which means that I receive a small commission if you decide to make a purchase through the links on this page. This is at no additional cost to you. It is just a way to show your support for this website. It’s a win-win for everyone. Read the full disclosure for more info.
Kindle publishing is one of the best ways to make money online as a beginner. In the long-term it can cover some of your basic expenses and even pay your bills.
It’s something that you set up once and then it continues to provide you revenue every month.
Kindle publishing is a simple business model, it can become overwhelming with all the free information out there. That’s why investing in a training program is the smartest thing to do. It will save you time and money in the long term.
Even though, Kindle publishing is great, there is a better business model in my opinion. It is called affiliate marketing.
Here are 3 reasons why:
- You don’t have to create or own any products
- It allows you to make money from your passion
- You can get started for FREE
If you are interested in learning affiliate marketing, check out Wealthy Affiliate. It is the platform that has taught me everything I know about affiliate marketing, making money online and building a successful online business.