How to Make Money Writing Books – The Internet Publishing Revolution
- February 27, 2023
We stay in an international of quiet revolutions. Only a few years in the past, the concept of a flat-display screen TV became considered inside the realm of Star Trek. Today you cannot purchase a traditional cathode-ray TV. That’s just one example.
This report is set a similarly quiet revolution that has large repercussions for the publishing industry, and famous how normal humans – some no longer even writers in the conventional experience of the word – can propel themselves into a brand new international prosperity. And I will display to you how one character used this to create six discern incomes from publishing (agree with it or not), a nine web page record.
A survey published via Readers Digest some 5 years in the past found out that seventy-two% of humans felt they ‘had an ebook inner them,’ and the big success of J. K. Rowling (real name, Joanne Murray) has brought about many to attempt their hand at writing for profit.
In many methods that are mirrored by using the music enterprise. Every day lots, if no longer thousands and thousands of young hopefuls write and carry out songs they wish will someday be a huge hit, and the way to a quiet however awesome revolution inside the track industry, extra of those new songs are a hit than ever earlier than in records.
To see how the free internet Publishing Books Revolution will affect you, let me show you how its equivalent has already affected the track enterprise.
For over 100 years, the Producers ruled the music industry. These agencies were household names – EMI, Columbia Records, HMV, Decca, Virgin, CBS, BMG to call but a few, and the simplest hazard of success any aspiring songwriter had lain in getting observed with the aid of a record producer who could accept and promote their paintings.
And for a maximum of that hundred years, song manufacturing was mechanical – vinyl records observed by cassettes and CDs. Then the force of a free internet revolution hit the music industry completely within the face.
First, the MP3 report was invented by the German organization Fraunhofer-Gesellschaft. In 1997, Tomislav Uzelac of AMP was the primary to integrate the participant-software program into Windows, and in 1999, a business enterprise calledSubPopbecame the primary to distribute track tracks in MP3 format. (Info courtesy of About.Com – inventors.)
Music had unexpectedly gone virtual.
The real leap forward got here in October 2001 whilst Apple released the iPod, a polished DAP (Digital Audio Player). DAPs had been invented via the British inventor Kane Kramer. Other DAPs had preceded the iPod. However, Apple has long been associated with layout excellence, no longer to mention that indefinable pleasant called ‘cool.’ The iPod took off.
What did these tendencies do to the conventional song enterprise, especially song stores? It decimated it nearly in a single day. Sales of conventional CDs have collapsed global and what’s left are bought on internet web sites. The traditional local music saves either long past absolutely or diverse into gaming and add-ons. On 7th January 2011, the Guardian newspaper wrote:
“In many US towns, it’s difficult to discover a file store. The final US HMV closed 5 years ago, Tower Records stopped buying and selling quickly after, and the ultimate Virgin Megastore ultimately closed its doorways 18 months ago. You may discover a CD section in patron electronic shops, which include Best Buy or at Walmart, but the choice does not stray far beyond the top forty.”
Yet, even as hammering manufacturers and stores, this massive sea change released an avalanche of latest expertise who ought to file now and bring their own song of their very own bedrooms using little greater than an awesome microphone and a pc. With the large electricity of social networking at the free internet, the use of Facebook, Twitter, and YouTube can now propel new expertise (or the shortage of it!) into the general public eye without the want to head close to a manufacturer. At the peak of the industry’s disaster, famous rock bands and individuals certainly compelled labels to renegotiate their contracts.
“Musicians can self-post if they like, selling their personal tunes off their very own websites. This has intended that pinnacle performers make fantastic sums – ways more than their counterparts in 1969. The Carpenters should be for cash for a brand new automobile, whilst their albums sold thousands and thousands. Now, because they can assure the big audiences, all that money the label used to take, the musicians get. So tens of thousands and thousands float their manner. If you doubt, look at the private jets and helicopters owned and flown by using the lead drummer for Pink Floyd. Or approximately any rapper on late-night MTV. It would make a company CEO green with envy.” (Adam Hartung – thephoenixprinciple.Com)
This is what the Internet track revolution did: It moved a maximum of the profits far from a few file manufacturers at once into the arms of musicians.
Now permit’s take a look at publishing, due to the fact what occurred to the tune enterprise is being repeated there. Let’s begin with the technology first – the written equal of the MP3 report and DAP player.
In 1473 Thomas Caxton printed the primary e-book produced in the English language, using the progressive new printing press. Concerning the production of books, newspapers, and magazines, very little has changed. It’s a hugely un-green industry. Lip carrier is paid to using sustainable forestry; however, although that has been completely authentic, the manner is extraordinarily invasive, akin to tearing the coronary heart out of mother earth and watching for it to re-grow. Many of the chemical substances and bleaches used are much less than exceptional. Until recently, the carbon powder used for inks’ production turned into regarded as a toxic carcinogen. Something has got to trade.
Ironically, readers of books are frequently humans with the judgment of right and wrong and have a highbrow leaning to being kind to the surroundings. I say satirically because a few of them are less than impressed with the concept of having rid of traditional books in favor of the publishing version of the iPod – the eBook Reader.
When the iPod first came out, its slogan turned into, ‘one thousand tunes on your pocket.’ I cannot consider what number of CDs it’d take to replace the songs at the common iPod. However, I am prepared to guess that the total price to make those bodily CDs is vastly a couple of iPods.
The eBook reader (eReader) is the e-book lover’s equal of the music lover’s iPod. ‘one thousand books on your pocket.’ The equal of the MP3 report is surely Adobe’s PDF (Portable Document File). Every computer has Adobe’s PDF Reader established because nearly every computer software now has its guide reproduced in this format. Why? Because it is a heck of plenty inexpensive to stick a 2 hundred-page guide onto a CD, then it’s miles to rip down and system half a wooded area.
To be honest to people who choose paper books, there are several factors about eReaders that are not as exact as printed fabric.
First, the technology behind eReaders continues to be being evolved. E-Ink screens still lack contrast, and, like the first Ford automobile, you could have any coloration you want as long as it’s black. Colour screens are nevertheless in development unless you select on an iPad, which doubles as an eBook reader even though it continues to be a pc at heart. And yet, the day of an eBook reader, this is just as desirable because the printed model isn’t ways off. It may also yet be that the iPad becomes the brand new eReader of famous desire or that Amazon’s Kindle will take the flag. We shall see.
Another annoyance is DRM or Digital Rights Management. Quite understandably, that is to prevent human beings report sharing and breaching copyright. It remains chief trouble with song downloads and DVDs. The hassle is that it appears each eReader manufacturer has their own system, involving downloading software on your laptop and limitless messing approximately with their constrained book titles and now not being capable of download a person else’s. Forests will fall until someone makes it easy to purchase an eBook online.
Nevertheless, the writing is on the wall for paper publishing. Newspapers like The Times are occurring-line and require subscriptions to see the modern-day news. More and more books have virtual versions. And to be flawlessly frank, if it wasn’t for the sheer size of the whole printing enterprise, any 1/2-inexperienced government could position an immediate quota, and tax, on something so detrimental to the environment. In reality, the opposite holds for eBooks, which can be significantly green and but are all taxed at the full Vat rate.
Although the iPod’s eReader equivalent remains within the making, the digital book’s day is firmly right here and could most effective increase while traditional bookshops are remaining down at a fee of two a week.
The strength of facts publishing
While this sounds ominous from the factor of view of traditional booksellers and publishers, not anything might be further from the reality about authors, or what I select to call, ‘creators of written virtual merchandise.’ Like the musicians inside the iPod revolution, the electricity (and the cash) has moved far away from the huge ebook homes into the writers’ ranks. And in an equal manner that one, fairly quick pop single can trade the fortunes of a new musician almost overnight, so can a small written equal alternate the fortune of even the maximum primary of writers, if they understand what to do.
Beethoven and Wagner’s times failed to write two-minute hit singles; they wrote symphonies – the musical equal of a huge novel. Today, very few musicians compose lengthy works. They compose singles. Singles are quick to create and are popular. They may match on to supply an album, but this will forever be a compilation of singles. Gone are the exceptional symphony composers of vintage. The modern track is short, frequently brief-lived, but also very worthwhile.
This difference isn’t so clear in publishing. Today, if I say I am an author, the belief is that I write novels. Not so. I am a records writer, and this is about as some distance from novel writing as Wagner’s Die Walküre is from Turn My Swag On by using Alexa Goddard.
It also needs to be said that the current musician’s industrial mindset is some distance more superior than that of the modern-day creator. Most writers might rival Thomas Caxton for still being in the dark for a while.
The modern music writer is very commercially minded, very savvy about the reality that tune makes cash, and takes pains to write the track that is in the call for. By evaluation, the average aspiring author hasn’t a clue about what’s promoting. They write the book they need to write and then spend years looking for a person to publish it. Sometimes they strike lucky. Most times not. A creator with a bit of industrial nous might at the least look at the New York Times Best Seller list and create something inside the same genre. But that might nonetheless be wrong, except you need to lock yourself away for 3 years. Terrestrial ebook writing continues to be approximately writing modern-day symphonies, no longer pop songs. To make money publishing on the free internet, we need to look at the father’s written equal.
The present-day and shortly to achieve success music creator no longer sends a personal recording of his new hit unmarried to a music producer in the hope of catching his ear. There is a new manner, and it’s far this:
First, they can have the industrial experience to examine the kind of tune this is maximum popular and put together all of the synthesizers and gizmos necessary to create a valid that is present day. The days of 3 guys with acoustic guitars and a drum set trying to copy The Shadows are long gone.
Next, they may create their track. It might be brief, sweet, and as tremendously polished as they can make it.
Next, they’ll have their personal website. It will look clever and contain lots of free ‘songlets’ with a video of them making a song their contemporary advent. Their video, also domestic made, can still appear expert in the usage of current, inexpensive video modifying software programs.
Next, they’ll use the power of the Internet to sell their paintings. To do this, they’ll do a combination of things – viral advertising and joint ventures. No longer do they want to kowtow to song manufacturers. In the vintage days getting exposure became highly costly. Today anyone may have their 15 mins of fame, certainly using doing something dumb on YouTube. Viral marketing (one individual telling others who every inform others and so on) does the relaxation. Today, modern-day songwriters have come to be self-publishers; that’s arguably the most effective region where publishing is beforehand of the track sport.
Self-publishers are folks who write and publish their own paintings. It’s now not new. Mark Twain self-posted some of his personal works. So did William Blake, Stephen King, Rudyard Kipling, Lord Byron, E.E. Cummings, Alexander Dumas, T.S. Eliot, Benjamin Franklin, Thomas Hardy, Ernest Hemingway, D.H. Lawrence, Edgar Allen Poe, Alexander Pope, Beatrix Potter, Ezra Pound, Marcel Proust, George Bernard Shaw, Shelley, Alfred Lord Tennyson, Thoreau, Leo Tolstoi, Walt Whitman, and Virginia Woolf. So if you decide to self-put up, you will be in the appropriate corporation. The question is, what ought to you write?
The reality is that the Internet publishing revolution is about to become a brand new phenomenon for self-publishers. It virtually has little to do with eReaders and so forth. It’s a far larger sport that maximum websites have not pretty grasped, conventional writers haven’t grasped in any respect, and the average individual thinks they cannot do because they do not assume they may be writers. But it truly is exactly the point. Writers do not now be successful on the Internet. The average person makes money because they are now not loaded down with all the luggage that writers have in their artwork. It’s not writers who make cash on the Internet, and it is product builders, especially – ‘creators of written digital products’ otherwise known as eBook/report writers.
Let me display to you how to make money on the Internet, nearly overnight, after which come up with an example. Please read this carefully as it’s 24-karat gold.
Most people haven’t any idea how massive a few websites are on the Internet. It’s tough to inform, except they let you know. In 2003 I noticed an internet site known as eDiets.Com, and on its pages, it mentioned it had nearly 14 million subscribers to its bi-weekly online newsletter. That supposed that two times every week, this website sent an email to 14 million people.
Now think the owner of this mega-website phoned me up and said, “Hey, Phil child. How’s it hangin'”, or something like that and asked me to prepare a ‘special’ report, not a lot longer than this one, approximately dieting – say – Top Ten Dieting Secrets. He counseled I placed it collectively with a one-page website. But he wasn’t going to pay me for this, at the least now, not immediately. He might advocate and publicize my document to fourteen million human beings in his next newsletter. I may want to rate what I liked for the record, and he could take 60% of the income. Is this a bargain?
Let’s work it out. Suppose I charged the simplest ten bucks, and he will propose it to fourteen million individuals who already listen to what he writes, so I don’t need to do any marketing. Let’s anticipate the simplest 1% (140,000) buy the book. That’s overall sales of 1,400,000 bucks, of which I preserve forty%, which is just over half of a million bucks.
Half one million bucks for a 12 page eBook? Does this sound like a good buy? I assume so.
Of course, I did say that Hiram E. Cattle rustler Jnr. Phoned me as much as make this offer, and that’s now not going to occur. But what we can do is put together the project and positioned the deal to him; in any case, it’s well worth 840,000 bucks to him on my own, and all he has to do is send out an email that he was going to send out anyway. It’s a no-brainer and now not terrible for an afternoon’s paintings.
Okay, this is a pinnacle of the range instance, and the potential is surely better than this. I would, in my opinion, take into account a 1% response to be very poor. My common is 20%, however, on smaller websites. It’s still correct money, although. And the range of websites is limitless.
The Internet publishing revolution is this new electricity to behave as a data provider to thousands and thousands of people at in reality no price using existing websites as bookshops. It’s simpler than writing a song and calls for very little funding. There isn’t any stock, no printing, no threat, and a whole win-win scenario for every person worried.
To deliver people a clue about ability, I frequently cite this story. Several years in the past, I got a kidney stone. A quick search on Dr. Internet revealed a man offering a homegrown approach to sure forms of kidney stones. Basically, he was selling a simple report giving his plan with a full refund guarantee. I very cautiously tested the web page and made inquiries with numerous knowledgeable American pals who are ‘within the understand.’ Estimates of earnings range, however, my non-public view, having had a few success myself, is that Kidney Stone Man made himself at least 100 grand.
When I downloaded his book, it became most effective nine pages long. Did this matter? No. His answer became sound, and I haven’t any court cases.
My first e-book was launched in 2004 at a rate of almost $20. It’s no longer an amazing example of an easy first try as it became an actual book, and consequently, pretty specific. Nevertheless, I used the same advertising strategies used by new musicians, and the result is at least 100,000 downloads. Regardless of that truth, I have hardly ever finished any promoting past the first week of release. I nevertheless acquire cheques every week.
A buddy of mine in Manchester currently made himself over £30,000 in less than seven weeks doing this.
The new power of Internet publishing Books – the fact that tens of millions of websites can now act as bookstores – might be one of the powerful entrepreneurial actions since the World Wide Web became invented. The digital music revolution has to lead the way. However, the potential of digital books is wonderful. I accept as true that never earlier than in history has it end up less difficult for the common person to attain earning on a par with massive agencies’ principal executives. Never before has repute and riches been so simple to achieve.