You’ll also have to decide whether or not to make your ebook exclusive to Amazon Kindle through their KDP Select program. I’ve done it temporarily (you enroll for 90 days at a time), and there are some advantages, like special promotional and pricing opportunities. But eventually, you might like to offer your book through other channels (more on this below).
Some other parts of the book echo advice found in other bestsellers, with the section on how to create a lean startup being reminiscent of Eric Ries’ advice in Lean Startup – this by the way is one of the biggest lessons I think people new to the world of passive income need to realize…you can get started this week, with just $50, and still be on a level playing field with people who have a ton of money behind them (well, almost).
Do you constantly come up with witty one-liners? Do you dream of the days of Mad Men-style advertising? If you’ve got some branding chops or just come up with imaginative copy, there are lots of opportunities to make money online through company naming and slogan contests. If you think you have a knack for names check out namingforce.com and squadhelp.com. If you dream of coming up with witty copy, try coming up with company slogans on Slogan Slingers and Get a Slogan.
I haven’t done so well with Smashwords, but I suspect it’s partly a matter of chance. I base this speculation on the fact that some of my ebooks do better on Nook and others on Kindle, even when I don’t promote them at all, so any particular ebook must get better or worse placement in the search results for each platform for reasons that won’t always be decipherable.
There is enough material available online to help create your own website. This includes choosing the domain, templates, and the design for your website. Once ready to service the visitors with the relevant content, sign up for Google Adsense, which when appear on your website and clicked by visitors help you make money. The more the traffic you get on your website, the more will be the potential for higher earnings.
Has anyone ever told you you have a voice for radio? Are you great at creating original characters with just your voice? There are tons of people looking to pay for quality voice overs for their corporate videos, animation series, or educational videos. Check out Fiverr and UpWork or create a profile on a specialized site like Voices.com or The Voice Realm to get started making money online doing voice overs.
Holding contests online is a great way to get attention for your brand or products. Giving away free products is perfectly fine. But if you hold a contest involving money for a prize, you are entering into what is considered “sweepstakes” territory. There are particular regulations in various states regarding such contests, and you must make sure you follow these to the letter or face criminal charges. If in doubt, leave it out!