How I Built 11 Income Streams That Makes Thousands a Day with My Books

About this video

The creator explains how he claims to have built 11 income streams from a single book, arguing that most publishers limit themselves by selling only one format in one place. The first four streams come through Amazon KDP: a Kindle ebook, paperback, hardcover, and payments for pages read through Kindle’s subscription reading program. He claims those four together brought in roughly $15,000 to $21,000 a month on average during 2021. He then adds an ACX audiobook, which he claims averaged about $10,000 to $12,500 a month, distribution of print books beyond Amazon through IngramSpark, which he claims averaged about $3,000 a month, ebook distribution through Draft2Digital at a claimed roughly $1,000 a month, and audiobook distribution through Findaway Voices at a claimed roughly $1,000 to $1,460 a month. The remaining streams are affiliate products promoted by email to readers collected from his books, which he says earned only a few hundred dollars a month for him, translations — starting with Spanish, then German, Italian and French — with a Spanish audiobook he claims averaged about $100 a day, and bundles that repackage existing books into a new product. He stresses that a translated book can itself be sold in all the other formats, favors higher-content books because they can use more formats and distributors than low-content books, and warns not to do translations or bundles in a spammy way.

Key takeaways

• Publish every viable format of a book — Kindle ebook, paperback and hardcover — rather than stopping at paperback, and earn from subscription page reads where eligible.
• Expand beyond Amazon with distributors: IngramSpark for print, Draft2Digital for ebooks once a book is out of KDP Select, ACX for audiobooks, and Findaway Voices for wider audio distribution.
• Collect reader emails and promote relevant affiliate products by automated email, as the creator describes doing via networks such as ClickBank.
• Translate successful books, starting with Spanish and then German, Italian and French, so the translated edition can generate its own set of format and distribution income.
• Create bundles from existing books with new formatting and a new cover as a low-cost additional product, without presenting repurposed content in a spammy way.

Episode details: published September 19, 2022 · 9:32 long. Summary written by Self Growth Videos from the episode itself. Business results and any income figures mentioned are Sean Dollwet’s own claims, shared for education — they are not typical or guaranteed.

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