SIDE HUSTLE SCHOOL EPISODE 065 FINANCE EMPLOYEE SELLS 200,000 SELF PUBLISHED ROMANCE NOVELS


FINANCE EMPLOYEE SELLS 200,000 SELF-PUBLISHED ROMANCE NOVELS
When she can’t find anything good to read, a finance employee starts writing romance novels of her own. The books go on to sell hundreds of thousands of copies and pull her family out of debt.



Link to the Episode Podcast https://sidehustleschool.com/episode/65/


What It’s About
A woman pulls her family out of debt self-publishing her romance novels
BUSINESS MODEL
PRODUCT
SKILLS REQUIRED
WRITING & PUBLISHING
COMPLEXITY
MEDIUM
PROFIT POTENTIAL
HIGH
Words of Wisdom
When Carey began the task of writing her first book, like most new authors, she made many mistakes. In novel writing there are two types of people: plotters and “pantsers.” At first she was a pantser, as in “fly by the seat of your pants,” and her stories went wherever her imagination was going at the time.
That kind of writing can be freeing for a while, but it’s not necessarily great for readers. Halfway through the first draft, she realized she had no conflict in her story, and anyone who reads fiction knows why this is a big problem—what’s the point of reading a story with no conflict? It took her six months to write that first draft and then another five months working on edits and rewrites before she published it.
Fun Fact
Since that first book came out, she’s sold over 200,000 copies worldwide. Her books have been translated into German, Czech, Spanish, and are also available as audiobooks. Carey is paid monthly royalties from these sales. With Amazon, if her book is priced $2.99 or higher, the royalty is approximately 70%. For ebooks that retail under $2.99, the royalty is closer to 30%.
Since she’s in charge of everything, she can set her own prices. She usually opts for a price of around $3.99, meaning that she earns about $2.80 on every book that’s sold. The income she’s earned has allowed her to pay off some debt that she struggled with before she began publishing. It’s given her the financial freedom to travel and save for the future.



The Website: https://sidehustleschool.com/


This is an attempt to bring Chris’s ideas from the podcast to youtube :)Full Credit to CHRIS GUILLEBEAU’s

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