Are you considering the big jump into self-publishing on the Amazon Kindle Direct Publishing platform, but aren’t sure if you can afford the book publishing costs?
Would you like the startup costs revealed for Kindle Publishing in 2017?
I’m going to answer the questions:
What are the start up costs for Kindle publishing?
And, how much DOES Kindle Publishing cost?
You’ll be somewhat relieved yet troubled by what I’ll share in today’s video, so don’t go away.
If you’re new to this website and you want to learn how to publish and profit the right way, then make sure to check all my latest videos on my YouTube channel (hit this link).
Do You Know How to Write Your Own Book
First off, have you published a book yet on any platform? If so, where? And, what were the rough costs for you to get it going? I’d love to hear from you, so leave your thoughts and questions in the comments below.
In my video Can You Still Make Money with Kindle Publishing in 2017?, I discussed how Kindle Direct Publishing can be quite the lucrative opportunity yet it comes with a slight asterisk next to it.
I cover the fine print in detail in that video, but what I don’t discuss is the actual startup costs for Kindle Publishing.
Book Publishing Costs Revealed
What are the start-up costs for Kindle publishing in 2017 anyway?
What can you expect in book publishing costs?
No, seriously, I’ve made money off books costing a little time and not a single dime.
But, I’ve been doing this long enough to know how to produce a book for little to no money.
Producing no cost books hasn’t come with its fair share of failures. In fact, the Pareto principle applies to this type of work.
About 2 out of every 10 books makes about $200-$300 on a good month. The other 8, not so much…
The same could be said about books I’ve invested $150-$300. About 20% of those books do about 80% of the heavy lifting in my KDP account.
Questions to Ask When You Write Your Own Book
Tony Robbins once said,
Successful people ask better questions, and as a result, they get better answers.
The question you should be asking is how much does it cost to start a viable business publishing on Kindle? Or, even more specific, how much of an investment in time and money will it require for me to make X amount of dollars per month? That’s what you should be asking.
I’m not going to make any ridiculous and unfounded claims that you can or can’t start a successful business with little to no money. I’ve fared well thus far; then again, you aren’t me and vice versa.
It’s best if you are new to this business and you are publishing your first book, dip your toe into the water before you jump into the deep end of the pool.
Meaning that much like gambling at a casino, you should only invest as much time or money as you can afford to lose. However, make sure that you learn from any losses and never repeat those mistakes.
Also, it never hurts to have an experienced professional in your corner (point to the top left) who helps minimize your risks and increase your likelihood of success in the long run.
Do You Want to Write Your Own Book?
If you liked this post, then share it with someone who may enjoy it too.
I’d love to hear your insights, so leave them in the comments below.
Now, get out there and publish your first book, you savvy self-publisher you.
Till later, this has been Self Publishing with Dale and I’ll talk to you guys soon.