In today’s “Money Making Idea” entry, I’ll focus on an idea for making money that most people probably haven’t thought of, but most anybody can do.
You Can Be Your Own Publisher
Unless you’re already a writer, you probably haven’t seriously thought about publishing a book. But with today’s self publishing revolution, anyone can do just that without having to submit a manuscript to dozens of publishers and deal with dozens of rejections from gate keepers who just aren’t interested.
These days, you can write what you want, self publish for little or no cost, and market it to almost anyone in the world for instant purchase.
You can even set your own price!
Want to learn how to quit living paycheck to paycheck for good?
My Celebrating Financial Freedom course may be just what you’re looking for.
It will be available soon in a new online format. Sign up here and I’ll keep you informed on its progress. If you’re on the list, I’ll also let you in on a very special deal when it launches!
You Don’t Have to Be a Writer
Yes, I know.
You’re probably not a writer.
All you need to know is how to write an understandable sentence. You don’t have to be Hemingway or T.S. Eliot. Just be you.
What would you write about?
Write about what you know how to do.You don’t have to be a writer to make money self publishing your own book via @DrCabler
Everybody knows how to do something. It doesn’t have to be anything complicated or highbrow, just a short book on how to do almost anything will work just fine.
Believe it or not, just because you know how to do something relatively common doesn’t mean everyone else knows how to do it. And it especially doesn’t mean anyone has taken the time to write a book about it.
My Experience Publishing a “How To” Book
For instance, not long ago I wrote a simple 28 page book titled “How to Budget- The Quick and Easy Guide to Making a Budget That Works”. Normally you would find that kind of information deep in the content of a long, boring personal finance book.
But some people just want information on one very specific subject and nothing else. That’s what my book provides for them.
I’ve found that my readers are very appreciative that they don’t have to navigate through 200 pages of information just to get the specifics they really need.
What’s Your Money Making Idea?
There are literally millions of different “how to” subjects that can be written about. The only limit is your imagination and what skills you have to share. Here are some examples:
- How to knit or crochet
- How to grill an awesome steak
- How to raise chickens in an urban environment
- How to teach your kid to tie his shoes
- How to make an Excel spreadsheet
- How to write a great thank you note
- How to pray without sounding silly
- How to start exercising
- How to teach your dog to roll over
- How to start a WordPress blog
- How to have whiter teeth
- How to build your own computer
- How to write a book
- How to market a product with social media
- How to be a couponing queen
- how to keep your home organized
- How to love your enemies
- How to fix genuine italian lasagna the old country way
- How to decorate your home with flair
- How to do a specific hairstyle for a special occasion
- …and tons of others!
Your book doesn’t have to be a 300 page doorstop that covers everything about your subject to exhaustion. Just a short, sweet, easy to follow guide will do. You only have to write enough to make your point effectively.
Getting Started With Your “How To” Book
How do you get started? The first place to go to learn about self publishing is at Amazon’s two book publishing platforms. One for Kindle books, and the other for physical books.
I won’t go through a lot of information on the actual process of self publishing here. But if you want to publish your book on Amazon’s Kindle platform, you will use the Kindle Direct Publishing site. If you want to publish a physical book, you have to use their CreateSpace website.
Those two sites will have all the information you need to go from idea to published book.
You can also read the top book on the subject titled “APE: Author, Publisher, Entrepreneur- How to Publish a Book” by Guy Kawasaki, which in my opinion, is the most complete book on the subject.
There are also other platforms where you can publish your “how to” book such as Barnes and Noble’s Nook Press, Kobo, BookBaby, and Smashwords which ties many of the most popular platforms together in one site.
Unless you already have an existing fan base you probably shouldn’t expect to wind up on the New York Times best seller list. But there are many success stories of people who have made tens of thousands of dollars in passive income from selling just one book (Here’s one).
This money making idea may take some time and effort to get going. But just like anything, if done well, it could help you earn a significant side income to help you pay the bills, pay off a pile of debt, save for college, or anything else you might need.
Who knows, if you do this several times you could even earn a full time income.
The sky’s the limit!
Do you have a good idea for a “how to” book?
Add it to the list by leaving a comment.
Have a question about your finances? Leave me a voice message using the black “SpeakPipe” button on the far right of the screen (don’t worry, it’s easy) or shoot me an email. I answer every single one privately (and I don’t share your info).
Some links in this post may be affiliate links