How does a book generate income?
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One of the most popular question I get is how much money exactly I’ve made from my book sales. The honest truth is that a book itself doesn’t usually generate a large, continuous cash flow. The good news is that was never the point. In the video below I explain why.
Often we find that the income isn’t necessarily in the book itself. A book costs $15 – $20 or maybe you’re able to charge $30, whatever you’re comfortable with. In any way, to make a thousand dollars on a $20 book sale you need to sell quite a large number of books.
If you have an additional product that’s behind the book and that’s supported by that book, you’ll be able to drive a lot more business that way and generate multiple streams of income that will support you and help you build a bottom line in the end.
In my Write a Book in a Week program I’ll show you exactly how I’ve applied my system to create additional streams of income. You can get all the details here.
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