Passive Income From EBooks

Passive income through eBooks is great.  Write an eBook, let it sit on Amazon, Smashwords, iBooks or Google play and reap the royalties, month after month.

I have somewhere around 10 eBooks available in non-fiction and fiction categories (under various pseudonyms). No new eBooks in 2015 and most published between 2012 to 2014.

From eBooks, I receive royalties when purchased.  The eBooks are available on various platforms, including: Amazon, Smashwords (iBooks, Barnes and Noble, et al.), and Google Play Books. Amazon and Google pay monthly and Smashwords pays quarterly. Below are my recent earnings from Amazon and Google as directly deposited into my account:

 

Amazon Deposit - June

google deposit - July

 

This is not much money, I concede.  However, none are newly published, most are priced at $0.99 USD, and I did not market or “sell” them. Nothing I’ve written and published is especially memorable or innovative.  Readable, yes, and entertaining or useful, yes.  Great prose or enlightening substance – no.  The eBooks sell though, and I am forever grateful to my readers.

My point is that you can make money from eBooks for months or years and supplement your income.  Put some effort into the work and market it (I did not) and you may make much more. The best part?  I wrote these eBooks at home, once, and make money every month from sales of the original work. Did I mention that eBooks are a perfect home business idea?

Once again, if I can do this with some success, so can YOU!

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79 Side Hustle Business Ideas

79 Side Hustle Business Ideas is a page on a great home business idea website by Nick Loper.

In addition to ideas like affiliate marketing, app development, and tutoring, also mentioned by homepreneurs, Loper adds many others:

– Building an authority website

– Furniture making

– Junk Hauling

– Movie extra

And many more.

Loper’s website is full of ideas and suggestions for starting a business from home.   If you want to make a little extra on the side, Side Hustle Nation is worth a look.

hustle photo

Millions from Idea Sex

How to make millions with idea sex is a great article by entrepreneur James Altucher.  He suggests that groundbreaking ideas are rare, but big money is possible from combining two or more existing ideas.

The article cites Sam Weston – the inventor of G.I. Joe – as an example. Weston took a soldier doll, gave it a gun, and sold it to Hasbro for $100,000.  Hasbro has made over a billion dollars from G.I Joe and related.

You can do this too.  Pick two ideas that improve people’s lives and make millions in the process.

Start a list of things that make people happy or lives better.  Combine two or three and sell it to a big company that can mass produce it.

Altucher’s article is here: https://www.linkedin.com/pulse/how-make-millions-idea-sex-james-altucher?trk=eml-b2_content_ecosystem_digest-recommended_articles-253-null&midToken=AQFKxpb8SviShA&fromEmail=fromEmail&ut=2PHufCj6Nn3CQ1

idea photo

Uber for Work and Play

Car in the shop?  Headed to a binge-party?  Need a lift to the airport?  Taxis are the automatic answer, but consider another option – Uber.  Not just for rides, but also to make money. Like driving a taxi, Uber is a home business – you control your day.

Uber offers on-demand rides that “uses everyday cars for everyday use.”  Signing up to be an Uber driver is not hard.  Follow the simple steps below and be available, when you want, where you want.

According to the site, Uber is in 58 countries.  Here is a partial list of some of the cities in the United States.

Uber Cities

I live in Chicagoland and Uber defaulted to Chicago on log in.  Below are some of the conditions if you apply:

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Make Money with a Startup


Making money with a start-up is fairly simple: find a product or service that people need, prototype it, make changes based on feedback, and find an investor to fund the project.

Repeat this as many times as possible, and if wanted, sell the business or list it on the stock exchange,

Below is an Infograph that shows you how to make money with a start-up.  Many entrepreneurs have done this and you can too.

 

 

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