Writing and Publishing Books as a Source of Passive Income

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Passive Income Challenge Day 7.

Creating passive income can be challenging, yes, but it can be a fun challenge. One great way to make passive income is through publishing books and today, it’s easier than ever to start writing and publishing books yourself. Who knows, you could be the next Stephenie Meyer. Heck, if you are not a writer, you can hire someone to do it for you! (but where is the fun in that?)

Choose a Niche

This is very important when it comes to creating books for Kindle. Look at the types of books that sell the best and try to create something in that niche if you understand it and can do the research or hire someone who can. Writing and Publishing Books

Hire a Writer

If you don’t want to write, or would rather have someone else do it – then hire a writer. You just give them the idea, a brief outline of what you’d like in the book, and let them do the work. You can use your name as the author or a pen name. It’s up to you how you want to proceed in this case. Note of caution: If you hire writers, run the work through a plagiarism checker.

Edit the Book

Don’t have the writer edit the book, even if the writer is you. Always have someone else do the editing. You can hire an editor as easily as you can hire a writer. The editor can check for plagiarism issues, grammar, and fact check as well as improve the overall writing in the book before it’s published.

Create a Book Cover

Hire a graphic designer to create the book cover. You can also create book covers using software like Canva.com. Remember, you want the book cover to look really good and professional. When it comes to books, people really do buy by the cover, so it’s essential to get that right.

Layout the Book

A Kindle book needs to be laid out the way that Amazon wants it laid out. They have directions on their site.  It does change sometimes, so it’s best to use their guidelines when laying out a book. It can be challenging to layout a book with a lot of images, so you may need to hire a professional to do that too.

Upload it to Amazon Kindle

Once the book is finished and the cover is done, it’s time to upload the book. Again, you can hire someone to do this for you, making this mostly hands-off other than the up-front financial investment required to get started publishing when you outsource.

The great thing about Amazon is that they take care of customer service, payments, returns, and even sales taxes for you. Each month, they send you a payment directly to your bank account for your sales. With the right types of books, you can build a portfolio that earns six figures a year. You just must find the right niche that is a good seller.

Writing and Publishing BooksWoman sitting on couch writing in a book with laptop and textbook beside her, writing and publishing books

 Don’t forget to join us inside the Studio Workshop Facebook Group!  Where we will be discussing self-publishing, book ideas, and passive income all day! The group is a FREE community where you will find business-focused training and support for female entrepreneurs.

The 30-Day Passive Income Challenge is going to be the hottest topic in the group for the entire month of December, so be sure to jump in and be a part of the discussion!

Women working together on a red couch with their business coach, to talk about Writing and Publishing Books

Writing and Publishing Books