Welcome to the fifth and final part of How to Make Money Writing and Publishing eBooks! I hope you’ve enjoyed this series so far. Covered what to write about and how much and outlined how to format your eBook and create an eCover for $5 or less. Explained step by step how to publish your eBook on Amazon and gave you some hints and tips on how to promote it! In the traditional publishing model authors can get paid in two ways, either a flat fee (a onetime lump sum) or on a percentage, or royalty, of each book s. Between e-books and Amazon, how do authors get paid? Share on Facebook. Currently, authors get paid the same whether there's one copy or 100 on the shelves. In this post, I’m going to revisit the reason why I think writing and self-publishing an eBook is a great idea. Aside from the satisfaction you’ll get from getting your writing published, you can make some serious moola from doing so! It’s perfect for someone looking to make extra money outside of their day job and it’s something you can work on around the kids or in the evenings – you don’t even need to leave the house! All you need is a computer or laptop, word processing software like MS Word and access to the internet. So in case you need to speed up your debt repayment, increase your savings or you’d just like to start creating some passive income for any other reason, this is one way that you can do it. But just how much can you earn from writing and self-publishing eBooks? ![]() How much money can you make on Amazon with Kindle eBooks? Well, the short answer is some authors can make plenty. It depends on the quality of your eBook and also the volume of eBooks that you have. I’ll start with my own Amazon earning experience! I have a few eBooks on now and the screenshot below details some of my recent earnings from Amazon Kindle over the last couple of months for January and February. In Feb, I was paid £184.03 which was a little less than in January but even so, I’m pleased with the extra income! Most of these payments come from sales of my eBooks and. Quick Tip I identified a popular page on my blog from Google Analytics which co-incidentally was a “How To” type post. I created more content and packaged it into an eBook about setting up a bridal makeup business. ![]() If you want to create an eBook that will sell, find out what your readers want and need and then use that to inspire your eBook! So although I’m clearly not rich yet, my experience with earnings from self-publishing eBooks so far has been pleasant. But what kind of earnings have other self-publishing authors managed to achieve? Kyle Taylor Kyle is the owner of The Penny Hoarder and explains in this post how he’s made via Amazon (as well as thousands more on others). ![]() Stefan Pylarinos Stefan Pylarinos is an entrepreneur and internet marketer who makes, by writing and outsourcing numerous non-fiction eBooks. He has over 100 eBooks on Amazon, in his mission to make passive income. Amanda Hocking is a writer of paranormal fiction and spent many years trying (and failing) to get traditional publishers interested in her stories. In 2010, she turned to self-publishing her books on Amazon hoping to raise a little bit of cash to start with. In just six months, she’d made $20,000 selling 150,000 copies of her books. Roll on 20 more months and she’d sold 1.5 million copies of her book, raking in from her book sales. Hugh Howey is a self-published science fiction author who writes post-apocalyptic thrillers. His series “Wool” has earned him most months! John Locke John Locke is a best selling indie author who first made his money with his Donovan Creed series of books. He was the first author to sell over a. He was also the first self-published author to hit the number one spot on the Kindle Bestsellers list! In summary Writing and self-publishing eBooks is a great way to earn money passively and you can use money earned to top up your main income or even enjoy great wealth if your work becomes popular! There is so much potential with this income stream, so why not have a go yourself? I hope you enjoyed this series about making money through writing and publishing eBooks here on Disease Called Debt and that it’s inspired you in some way! In case you needed any further reading, this article from Tim Ferriss has more information about self-publishing including how to really. Like this post? Please take a minute to share it on social media. *Affiliate links are contained in this post. Disease Called Debt is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. *Top image sourced from and modified by Disease Called Debt. You don’t get paid unless people actually read your book. Then the author will get. Shallow pool in which readers who paid $10 a month were reading 30. How do they get started? And yes, how much money. Hit the bestseller lists that a lot of authors get excited about. Is paid back. If a book does. If your book is priced between $0.01 and $2.98 or greater than $9.99, you get paid 35% royalties. Thus, most self published authors prefer to price their eBooks between $2.99 and $9.99 on Amazon to receive a higher share of royalties. ![]() By Dennis Abrams The Guardian’s Alison Flood on a publishing industry deeply divided. In the same week, she noted, that writer of erotica Sylvia Day signed a startling eight figure two book deal with St Martin’s Press, a survey revealed that 54% of “traditionally-published” authors (and nearly 80% of self-published authors) earn less than $1,000 a year. The survey of more than 9,000 writers in the, was presented at last week’s. Respondents were divided into four categories: “aspiring, self-published only, traditionally-published only, and hybrid” (meaning both self and traditionally published). Of those who filled in the survey, more than 65% described themselves as aspiring authors; 18% as self-published, 8% as traditionally published, with 6% saying that they were “pursuing hybrid careers.” According to the survey, “Just over 77% of self-published writers make $1,000 a yearwith a startlingly high 53.9% of traditionally-published authors, and 43.6% of hybrid authors, reporting their earnings are below the same threshold. Only 0.7% of self-published writers, 1.3% of traditionally published writers, and 5.7% of hybrid writers reported earning more than $100,000 a year from their writing. (The typical writer in the sample was “a commercial fiction writer who might also write non-fiction and who had a project in the works that might soon be ready to publish.”) The Guardian reported that Jeremy Greenfield, Digital Book World editorial director and one of the report’s co-authors confirmed the finding that “authors of all stripes, but particularly self-published authors, don’t earn huge sums of money doing what they do.” “Most writers,” Greenfield said, “write because they want to share something with the world or gain recognition of some sort. ![]() There are, of course, outliers. The top 2% or so of authors make a good living and the most successful authors – including self-published authors – make a tremendous amount of money.” Greenfield’s co-author, professor Dana Weinberg, agreed that “The question of money is a tricky one. Publishing a book for sale is a matter of both art and commerce. I would agree that for most writers publishing is not only about money; it’s about a lot of other things including touching readers and sharing stories, but the money is important in a lot of ways. Weinberg added that the dream of quitting one’s job to become a full-time writer is, in fact, a reality for only a small number of writers. “Writing good books is a big time commitment, as much for many writers in the survey as a part-time job, and income gives writers something to show their family and friends for all their effort and hard work. Some writers are looking for validation, and in the world of self-publishing where you don’t have the prestige of being chosen by a press, the money is a tangible and rewarding substitute.” But perhaps not surprisingly, there are those who felt that the survey wasn’t exactly fair to self-publishers. Hugh Howey, whose self-published dystopian novel Wool sold hundreds of thousands of copies on Amazon before being bought by Simon & Schuster, had this to say: “This survey does not capture the fact that self-publishing is going through a renaissance. It expects a group of authors with two or three years of experience and market maturity to line up against the top 1% of authors who have had several generations’ head startThe simple fact is this: getting paid for your writing is not easy. But self-publishing is making it easier. How much easier? We don’t have sufficient data to know. But a conservative estimate would be that five to 10 times as many people are paying bills with their craft today as there was just a few years ago. And that should be celebrated.”.
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