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How to Make $4,5k Monthly Passive Income from Kindle Publishing
My today's guest is Jyotsna Ramachandran. She is a stay-at-home mom and an online entrepreneur. Her kindle publishing business Awesome Life Resources has given her the freedom to earn a full-time income from home. Jyotsna shares her experience of building a home business through her book Job Escape Plan.
In a short period of one year Jyotsna managed to set up her Kindle publishing business, which brings her $4.5k monthly passive income. She has portfolio of 45 published books in 7 different niches. The most amazing part of it is that until now she had not even had written any of the books she published. I tried to dig into the details and show you the business model she is using. You could go ahead and try it too.
Kindle Publishing Business Model
- Choose a profitable niche on Amazon
- Research the bestsellers in that topic and see how they are selling
- Read reviews of those books and see how to position your book differently
- Hire freelance ghost writers
- Publish the book
- Have the book for free for 5 days (by enrolling in the KDP Select program)
- Promote the free book to gain maximum exposure and download numbers
- Get reviews
- Correct the book if needed (based on negative feedback)
- Have your book featured on Buck Books
- Build e mail list fore each niche
The team that is needed to keep the kindle publishing business going
- VAs doing all the admin work
- Ghostrwriters
- Book cover designers
- Editors
- Narrators (for audio books)
7 Steps to Start Business from Home, Grow It and Quit Your Job
- Get reality check
- Design your dream lifestyle
- Get into the entrepreneurial mindset
- Identify the niche you want to get into
- Choose the ideal online platform
- Get ready by investing time and money to learn the business
- Go ahead and start
