If you missed the email (preface) I sent yesterday, read that first. Think you can get a slither of that when you create a real business with your book(s) outside of Amazon? Linkedin acquired e-learning platform for $1.5 billion in 2015.Į-learning was quoted back then as a $107 billion industry. Global e-commerce from a $500 computer in your home would have been laughed at just 20+ years ago. You’ve never had a greater opportunity in front of you. That’s the quickest way to doubt your ability and “quit”. There’s nothing more frustrating than spending weeks and months writing a book, and/or building a business that doesn’t produce any “coin”. To spark ideas, think of the books and magazines you read, you prior experience (jobs), what people come to your for advice about, where you see yourself providing the most VALUE to people, etc.īecause, tomorrow, we need to VALIDATE which ones are going to be, well, “fruitful”, shall we say.
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Write down everything you can think of that interests you in some small way. It’s pretty easy to become passionate about the subject, believe me.įor that reason, spend some time away from the computer, and… If you’re like the 70% of people (random number) that don’t know what their passions are –– or they don’t align with anything that’ll make you a living, then you’re just wasting time and money.īut – and I’ve said this before – when you START making money in a niche, that you have, at least a *small* interest in…
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⚠ List as many ideas of niche markets that you have, at least, a “small interest” or “experience” in.Įveryone tells you to follow your passion. When you hit your income goal in *one* market – by all means, build another business in a totally unrelated industry.īut keep the “focus” in the early days of a new venture … otherwise, you’ll do nothing but tread water continuously. A revenue stream that can vanish in an instant. Writing books for a living is not a business – It’s a revenue stream. Ongoing relationships … and, maybe even coaching and consulting.
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I recommend you build out a “business” in *one* market FIRST. Now – and this is my opinion – that doesn’t mean you can’t (or shouldn’t) enter multiple niches and genres. You have to constantly churn out books to grow – and in some cases, maintain – your income. It can easily lead to overwhelm, loss of direction, and the big “S”… I’ve tried the whole *entering markets and niches for profit sake*, and while it’s exciting to get your money back after initial launch, and then ride the profits… Well –– you just have to keep digging to find something that “matters” to you and is proven to show DEMAND.
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It goes without saying that entering markets and genres that you have an interest in is rather, well, critical – IMO.Īnd, yes –– most people’s interests may not align with profitable book topics…
KINDLE EBOOKS WITH SIDENOTES HOW TO