It’s the new buzzword…passive income.
Everyone wants to earn money while they sleep, and why wouldn’t you? I mean, who would say no to getting paid while sitting on the beach sipping Pina Coladas?
I was always fascinated by the concept of passive income. The idea of waking up everyday, opening my laptop and seeing the money I made while sleeping was very exciting to me.
Over the past 2 years I have experimented and created many streams of passive income from scratch. Now, I make five figures a month while being my own boss and working whenever and wherever I want.
I’m not saying this to brag. I’m sharing this story with you because I started off knowing absolutely NOTHING about how to create passive income.
I am proof that anyone can do it and I will show you exactly how to do it.
Today I want to share with you the very first and easiest passive income stream of them all…
This is the best place to start as a beginner in my opinion. Not only because it’s where I started but because it’s the easiest place to learn how to run a profitable online business while seeing results pretty quickly.
I was able to create a $1000/month passive income within just 2 months of starting which allowed me to quit my job and focus on online business full time (since I was living with my parents at the time).
You can see my results below. I started from scratch in February and already had a passive income of over $1000 by May…
Total Kindle Sales for 2nd Month:
Total Paperpack Sales for 2nd Month:
Total Passive Income = $678.85 + $377.95 = $1056.80
I always hated the idea of having a job and being forced to sell my time for money.
Passive income is the ultimate business model. Bob Proctor has always said that rich people have multiple streams of passive income and I was determined to be one of them.
So what exactly is Kindle Publishing? Well, it’s exactly what you think…and more.
You learn how to publish books on Amazon as Kindle books, but also as paperback books and audiobooks for Audible.
The process looks something like this:
- Research & identify an in-demand topic for your book
- Outsource the writing of the book to a ghostwriter (usually costs between $60-$120) OR write it yourself if you are a skilled writer and wish to cut costs
- Get a well designed book cover created ($5-$20)
- Publish on Amazon
- Market the book using the latest marketing techniques & strategies
- Watch the money come in
Once you learn the process it’s pretty easy and you can use it to publish as many books as you want.
I like to think of these books as online real estate. Once published, they are there for good and can earn you a passive income month after month.
If you want to learn more about Kindle Publishing then I highly recommend KMoneyMastery.
This is the one and only course I used to succeed with Kindle publishing.
Stefan Pylarinos, the creator of the course, does such an amazing job at walking you through each step of the process.
I personally cannot believe he only charges $67 for this. It may the best investment I ever made when I think of the returns it has given me. Many students of the course have gone on to earn $10k, $30k and even $50k/month using this method.
I honestly believe absolutely anyone can succeed if they just apply themselves and follow the steps. Check it out!