5 Lessons I Learned From Making $1,949.71 in One Month Publishing Books Without Writing a Word
I love doing business.
Although I have some sustainable income streams, I still find new opportunities to increase that number. Not because of money. I’m on a passive mode which allows me not to work for a long time but still having money transfer to my bank account. So money doesn’t matter here. I do it because I want to see how far I can go as an entrepreneur.
At the beginning of 2020, I came across Kindle Direct Publishing (KDP) business and decided to give it a try. After nearly a year, I made $1,949.71 in one month.
The best part: I didn’t write any word.
I only publish no content book aka simple blank lined notebook. You can search the term
no/low content books to know more about it.
And here’s what I learned:
There is No Such Thing As Saturation
When I told my friend I’m going to jump into the KDP no/low content business, he said it’s too late because so many people were doing that kind of business, I would get no chance.
I don’t buy it. Actually, I don’t believe in saturation.
People just start a business, making nothing for a few months. Then they say it’s saturated. As in the case of my friend, he quit after four months making a few bucks then said it’s too hard at the time.
I don’t make $1,1949.71 a month after four months but nearly a year. From the first day joining the business, I’ve been publishing ten books per day without fail. That’s why all my hard work paid off in the end.
If you are about to start a new business, don’t scare of saturation. There’re always having gaps in the market for your small business if you dig deep enough. So, do your research, keep working consistently, trust the process. I believe that’s the formula of success for any business.
Like any other business, niche selection is the very first step you need to do and you have to do it right. If you pick the right niche, your life will be easier. Otherwise, you’re wasting your valuable time facing big competitors.
However, picking a niche is not enough.
For example, you find out that the
Nurse niche has high demand so you want to create notebooks in that niche right off the bat.
Stop for a second. It’s not that fast.
Think about it.
Nurse is in high demand yet it’s so general, which means too many people are aiming for it. I don’t say you will get no chance of winning the niche. But given that it’s a competitive niche, it will take you a lot of time and money. Especially if you just get started and have a low budget, it’s not a good strategy.
So, what should you do?
The one way to stand out against other competitors and not spending on ads is to niche down.
What does it mean?
You don’t directly aim for the niche
Nurse but something like
Certified Registered Nurse Anesthetist, etc.
That way you will get ranked in a high position on the Amazon search engine without spending money on ads.
Until now, I don’t run any ads. Niching down is what I’ve been doing. Of course, I will test some ads in the future to see how it goes. But for now, I’ll dominate all the micro-niches, which still make me good money every month. That’s my strategy.
Don’t Listen to Anyone That Lets You Down
“It’s too hard, you’re wasting your time”
Those are words I hear all the time. However, I don’t let them get into my ears and stuck in my head.
People who said those words just to make an excuse for their laziness. They didn’t put any effort into the work. They gave up too soon. They just wanted a get-rich-quick scheme. They didn’t treat it like a business. They failed. Then they try to pull someone down with them.
Don’t listen to them. Focus on your work. Trust the process.
Don’t Go for “Hot Niches” Giveaway
If you follow a KDP no/low content Youtube channel/blog, chances are you will see the owner share niches that are doing well.
Will it guarantee you succeed if follow those niches? Not really.
The problem is they share the what, not the how. You will never know what strategy they took to succeed. And those niches are doing well for them, not for you.
Your winning niches are not necessary like them. At least in my case.
I find my winning niches through trial and error.
First, I make a list of potential niches.
Then, I create books in those niches.
Finally, I analyze what niches are selling well and then create more books in the niches.
That’s how I find my winning niches.
You can find yours by following the same strategy like mine.
Don’t waste time looking for other winning/hot niches. Create yours.
Give It Time
This is not a get-rich-quick scheme.
If you’re looking for a shortcut to make a lot of money in a short time, you shouldn’t get into this world. Anything quick is not sustainable.
I know people make it in 6 months, 3 months, or even 1 month. Me, nearly a year. You maybe need more time than that to find your success. Don’t let that demotivate you. Everyone has their own timeline. Unless you give up, you will reach the point you want.
For any business you’re about to get into, just do it instead of thinking it’s saturated. You will never know unless you take action.
Big niches are usually accompanied by huge competition. You should niche down to stand out against the crowd. That way you can win a vast amount of niches without spending much money on ads.
Don’t care about what others say. They are lazy to do business. Just focus on your work.
Following hot niches may not bring you success. Instead, find your own winning niches through trial and error.
Treat it like a real business, give it time to gain tractions. Rushing only ruins your progress.
Hope you can make a big success with KDP no/low content books business.