Got entertaining stuff on the brain that you want to get out to the world? Why not toss it in an e-book and turn it into a passive revenue stream?
While traditional publishers may turn their noses up at the thought of publishing a book by an untrained writer not named Kardashian, many e-book publishers are fine with your inexperience.
Services like Amazon’s Kindle Direct Publishing make it relatively easy for unknown publishers to push out e-books and earn up to 70 percent in royalties with minimal ongoing work. That’s a sweet deal considering you don’t have to pay a dime for publishing.
Like other creativity-based passive-income streams, you first have to find a genre you’re an expert in, have an existing following in or you can make very entertaining. With that genre in mind, you can pound out a 20,000-word e-book in a few weeks while sipping margaritas on the beach.
Keep in mind, if you’re not an experienced editor, it’s a great idea to shell out a few bucks to have one look over your e-book before releasing it into the unforgiving jungle known as the internet.