Can you really, truly, honestly make money writing ebooks?
Yes, you can.
Writing ebooks is a strategy that’s been around for years
As I said in this blog post on my freelance writing tips blog years ago:
Well, yes. I’ve been making money creating ebooks and other info products since around 2000. In 2013, I’m trying to complete a couple of series of novels for the Kindle, but I keep getting side-tracked into ghostwriting ebooks for others. (I’m not complaining… much. It pays well.)
Many writers are happy to share the results of the money they’re making from their ebooks. You won’t have heard of most of them.
Lots of people are making money. That said, you’re not guaranteed to make anything.
Many years ago, my father pointed out to me that writing books for a living made racehorse gambling look like a sane, steady business. Amazon changed all that. Nowadays, if you’re keen and dedicated, you CAN make money writing books.
When writers ask me Can you really, truly, honestly make money writing ebooks?, they want to know whether ebook-writing is a viable option – are “normal” writers making money, or just the bestselling authors?
Writers of all levels of experience are making money. You’d be surprised. I’m on a couple of mailing lists, and newbie authors are crushing it every day.
Let’s say that you want to make money at it. What do you need?
Money-wise, you don’t need anything, Kindle publication is free. You may want to pay for editing, proofreading, covers etc. but you can do this yourself if you’re strapped for cash.
On the other hand, you do need certain attributes.
Attributes of successful ebook writers
Successful authors have these attributes.
- The ability to sit in a chair (or on a sofa) and write.
You won’t get very far without this. Create your own personal publication schedule. Decide what you’ll publish, and when.
- The desire to LEARN.
There’s a lot to learn about self-publishing; learn it. Recently, a couple of small ebook publishers closed, leaving their authors stranded. You’re much better doing it yourself — at least you won’t need to stress about getting your rights back when publishers vanish.
You can make a lot more money than you will ever be able to make as a traditionally-published author, BUT no one is going to do the learning for you. When you publish on Amazon, Amazon’s database will do a lot of the marketing for you, but only if you know how you can put that power to work.
I’m reminded of Kipling’s wonderful poem, “If”:
If you can dream—and not make dreams your master;
If you can think—and not make thoughts your aim;
If you can meet with Triumph and Disaster
And treat those two impostors just the same…
You need enough imagination to dream about what’s possible for YOU, without building castles in the air and trying to live in them. In other words, have vision, but be grounded.
Rome wasn’t built… etc.
Please realize that it’s highly unlikely that you will write one ebook and be able to retire to your own personal South Pacific island. You probably won’t make enough to buy a decent dinner.
However, if you keep writing, and look on the time you’re spending as an investment, it will pay off.
Happy writing. 🙂
Updated: February 14, 2017
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