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Earn $10k A Month Writing Online?
Edition #21
Welcome to the 21st edition of Royalties on Demand - your one-stop guide to generating consistent income online. I’m thrilled that you're joining me on this journey towards financial independence and creative entrepreneurship.
If you have any difficulty seeing the newsletter links in your email, you can also view it online:https://royaltiesondemand.beehiiv.com/
Welcome to this week’s newsletter, you will find:
I Wish I Knew This Before I Started Making Money Online!
Tool Of The Week
KDP Niche Of The Week
KDP Content For The Week Ahead
Earn $10k A Month Writing Online?
Starting Right, Build A Solid Foundation First
This week, I had an email from a subscriber demotivated after low earnings in their first few months with Amazon KDP.
It can be easy to feel disheartened when your business doesn't immediately take off.
Especially for online businesses, where astronomical growth figures from influencers can make your humble beginnings seem insignificant.
However, it's essential to remember that every success story began with a single step. The importance of starting right and building a solid foundation cannot be overstated.
I see many beginners start an online business only to give up after 1-3 months as they didn't make a sale or start making thousands a month.
The reality is stepping out and starting any business is hard and you shouldn't compare your day 1 to anyone else's. There are no guarantees in life and just because online gurus make everything look easy, it doesn’t mean that it actually is.
The Importance of Solid Foundations
Imagine constructing a building. Would you start with the top floor, or would you first lay a strong foundation? The same principle applies to business. Before scaling heights, it's crucial to ensure that the foundation is rock solid. This includes:
Understanding the Basics: Grasping the fundamentals of your business niche will arm you with the knowledge needed to make informed decisions.
Taking Consistent Action: Regular, incremental efforts can yield substantial results over time. It's the small steps that lead to significant leaps.
Seeking the Right Advice: Surrounding yourself with mentors or individuals who've walked the path can provide invaluable insights and shortcuts to success.
The Power of Persistence
Your initial months starting an online business might not be as fruitful as you'd hoped for. I didn’t make $100 in my first 3 months of Amazon KDP but I didn’t stop there.
Instead of being fixated on immediate results, the focus was on learning, improving, and getting advice from the right sources.
By being persistent and reminding yourself of the initial days, it's easier to appreciate the journey and recognize growth.
Tracking Progress and Celebrating Wins
To maintain motivation, focus on your own growth, it's helpful to keep a record of your journey. This can be in the form of a diary, a spreadsheet, or even pictures.
By documenting your improvements, strategies, and wins, you can visualize your progress. This not only serves as a morale booster but also as a learning tool for the future.
Compounding Returns
Small, consistent investments grow exponentially over time. The same principle applies to knowledge and skills. The learnings and improvements you make early on can compound, leading to substantial results in the future. It's about the long game.
Final Thoughts
Starting a business is a marathon, not a sprint. While it's tempting to seek quick results and compare our journey with others, it's vital to remember that every big success had humble beginnings.
Don’t be controlled by the outcomes or other’s success, focus on your growth and lay the right foundations.
My Products & Services
At Royalties on Demand, I offer various services tailored to aspiring authors and self-publishers looking to make a mark in the industry.
My one-to-one coaching sessions provide personalized guidance and mentorship, allowing you to navigate the challenges of publishing with ease and efficiency.
You can find free templates designed to simplify the design process and enhance your books' visual appeal.
For those looking to delve deeper into the world of AI Coloring Books, my comprehensive eBook is packed with insider tips, strategies, and step-by-step instructions to guide you towards success.
Tool Of The Week - Dall E 3
I recently got access to Dall E 3 in Chat GPT and I’ve been massively impressed by the images it’s been generating. I created this tutorial below showing you how to create coloring pages.
Cover creation has never been easier using Dall E 3, this video walks you through my process of creating book covers fast with Dall E 3.
KDP Niche Of The Week - Affirmation Journals
The power of positive words can be transformative. Affirmation books, which harness this power, have found a consistent readership, not just during specific seasons, but all year round. If you've been contemplating creating your own affirmation book, here's a simple guide to get you started.
1. What Are Affirmation Books?
An affirmation book is a collection of positive statements that readers can repeat to themselves, aiding in self-improvement, building self-esteem, or even manifesting their dreams. These affirmations act as gentle reminders of one's worth, capabilities, and potential.
The reason these books do well throughout the year is simple: the quest for positivity, self-love, and a better mindset isn't seasonal. Whether it's New Year resolutions, stressful times, or just a desire for daily motivation, affirmation books cater to various needs and moments in a reader's life.
Research & Niche Selection
a. Research on Amazon: Dive deep into Amazon's books section, focusing on affirmation books. Pay attention to:
Current bestsellers and their themes.
Topics that might be underserved.
Customer reviews to gauge what readers appreciate or desire.
b. Niching Down: Instead of a generic affirmation book, consider targeting a specific audience. Download AMZ suggestion expander from the chrome store as this provides even more suggestions that customers are searching for based around your keyword. For instance:
Affirmations for new mothers.
Positive statements for those battling anxiety.
Affirmations for career-driven individuals.
By niching down, you address the unique challenges and aspirations of a specific group, making your book more personalized and impactful.
Creation & Design
a. Crafting Affirmations: While you can pen down affirmations based on personal experiences and insights, tools like ChatGPT can also be invaluable. Input your niche (e.g., "affirmations for new mothers") and let the AI generate a variety of heartfelt, uplifting affirmations for your targeted audience.
b. Design with Canva: An affirmation book isn't just about the words; the visual appeal is equally crucial. Canva can assist you in designing both the cover and the interior. Choose imagery that complements the theme of your affirmations.
Uploading to Amazon KDP
Once your book is crafted and designed, it's time to share it with the world. Amazon's Kindle Direct Publishing (KDP) platform is perfect for this. Ensure you adhere to KDP's formatting guidelines, decide on your pricing, and your affirmation book is ready to inspire readers globally.
In Conclusion
Affirmation books might seem simple, but their impact is profound. By following this guide, you not only contribute to the well-being of countless readers but also carve a space for yourself in a market that values positivity and personal growth.
KDP Content for the week ahead
Royalty Wizard reviews his old books and shows were he went wrong.
Jenny details how she made six figures on KDP by avoiding 3 things.
The Nerdy Novelist has a fantastic channel about using AI to write and market books. In the video below he demonstrates what AI editing actually looks like.
Earn $10k A Month Writing Online?
From ancient scriptures to modern blogs, the written word has always been a powerful tool for communication, persuasion, and expression.
Today, in the age of the internet, writing has become an even more potent means to not just communicate but also to earn money.
With the internet, everyone has an audience.
If you've ever considered monetizing your writing skills, there's no better time than now.
The Importance of Learning to Write
At its core, writing is the essence of communication. It's the framework upon which knowledge is built and shared. Here's why it's vital:
Universal Communication: Whether you're writing an email, a report, or a novel, effective writing allows you to convey ideas clearly.
Critical Thinking: Writing makes you think deeply, helping you articulate thoughts, refine ideas, and solve problems.
Personal Expression: It's a creative outlet that allows introspection, storytelling, and sharing personal experiences.
Foundation of Many Professions: From journalism to marketing, strong writing skills can set you apart in many career paths.
The benefits of Writing Online
1. Reach a Global Audience: The internet breaks geographical boundaries. Your stories, advice, or insights can touch someone from halfway across the world.
2. Flexibility: You can write anytime, anywhere. Whether you're a night owl or an early bird, the online world is always awake.
3. Diverse Platforms: Blogs, e-books, online magazines, and social media; there's a platform for every writer.
4. Continuous Learning: Writing online means continuous feedback. Engage with your readers, learn from them, and refine your skills.
My Experience Writing Online
By writing on Medium, I've been able to make hundreds online each month. The platform's Partner Program allows writers to earn money based on how many people read and engage with their stories.
It’s a place where anyone can publish their insights, stories, and expertise, it's attracted both amateur and professional writers.
With consistency, research, and a genuine desire to add value to readers, it's entirely possible to earn a significant income here.
Ways to Make Money Online Writing
Freelancing: Websites like Upwork and Fiverr allow writers to offer their services for everything from blog posts to technical manuals.
Blogging: Starting a personal blog can lead to multiple income streams—advertising, sponsored posts, and affiliate marketing.
Self-Publishing: Platforms like Amazon's Kindle Direct Publishing let you publish e-books and paperbacks for free.
Online Magazines & Publications: Many online magazines pay contributors for articles, essays, and stories.
Copywriting: Businesses are always looking for writers to create compelling copy for websites, advertisements, and products.
Content Marketing: This involves creating valuable content to attract and retain customers. Many businesses pay well for this skill.
In this video below Ali Abdaal outlines how you can make $10,000 a month writing online.
Share & Connect
Once again, thank you for joining me on this exciting journey. Have an awesome week ahead and I look forward to catching up with you next week.
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