Making Money With Amazon Kindle Publishing – Is it A Scam?

On June 2, 2011, in Online Content Marketing, Wealth Strategies, by Jim
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Jeff Bezos started Amazon with the intention of becoming the world’s largest bookstore.  As one of the few survivors of the 2000 era dot com bust, he is a well-respected visionary.  His vision now sees digital publishing as the vehicle for Amazon to be able to attain his lofty goals.  In order for his ideas to become a reality, Amazon will need many authors involved in the Kindle publishing process.  This is opening up some big entrepreneurial opportunities for those who enjoy writing and creating content online.

Of particular note, Oprah Winfrey is one of Kindle’s biggest fans, which surely doesn’t hurt.  And there is an obvious positive trend, in light of the fact that Kindle is now sold by Walmart and  most other leading retailers.  Amazon has had to hire an additional 900 people in Scotland in order to keep up with the demand.Oprah Recommends Kindle

Ty Cohen recently shared his own results in publishing Kindle content on Amazon over the last 15 months, and offered  some tips and tools that can help individuals tap into this market.   One of the biggest success stories in Kindle publishing is Amanda Hocking, a 26 year old girl from Minnesota, who was featured in Forbes Magazine based on her success earning millions publishing for Kindle.  What are the possibilities for this type of enterprise for an average person?

In Ty’s case, although he stresses his own earnings may not be typical, he has been able to make over $10K in a single month publishing for Kindle.  Ty believes that this is a digital diamond mine that has been discovered by relatively few online marketers. One of his initial checks (monthly) was $2,873.13, at which time he says he wasn’t even seriously marketing.  After some focus, he soon received a check for $8,403.84.  And to top it off, Ty hates to write and doesn’t even own a Kindle himself!

Ty’s methods are proprietary and cannot be published in this article, however, we are able to make others aware of the concept and how to gain access.  That being said, we can say that what he offers is simple enough for his 12-year old daughter to participate in publishing his content, which generate about $2,000 on monthly revenue.

Although we haven’t personally tried Ty’s Kindle Cash Flow training course it is likely that we will “test the waters” in the next several months in the Kindle or Nook publishing marketplace, in some way.  We can say that Ty’s content and methods are compelling enough that they appear worth the effort, as long as a decent effort is made.  Other well known marketers who also operate in this space include James Jones, publisher of the excellent MicroNicheFinder keyword research tool, which validates the overall concept.  For this reason, we don’t think the idea is a scam, although Ty’s courseware is fairly expensive.  We do advise the reader to do their own due diligence before investing in any tools, training, and coaching programs.

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Your Ultimate Career – Follow Your Passion

On July 17, 2010, in Wealth Strategies, by Jim
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In life, many people choose a career based on aptitude.  At the same time, most people have at one time or another had a dream about pursuing their hobby, usually what they are most passionate about, full time.  For some people this becomes a reality through traditional employment, but for most their dreams can be found in an enterprise that they personally start.

But what is the likelihood that the average person can be successful in starting a business.  It is obviously much different than simply being an employee, or is it?  Some tout the advantage of  “job security” in a job, but what is job security, really.  No rationale employer will keep a person on long that isn’t directly adding to the business bottom line.

A home business start-up is challenging, but chances of success are greatly improved if choosing something that you really “love” doing.  Passion is important.  What are the advantages and disadvantages of doing what you love doing, or turning your “hobby” into your work?

Advantages:

  • Higher motivation
  • Existing knowledge base
  • Existing contacts
  • Choice of work environment

Disadvantages:

  • Lost source of relaxation
  • Unproven business concept
  • Insufficient skills for a profession

What are the best times in life to follow your passion?  Early in life when there are fewer responsibilities, it may be easier to do what you like.  You will have time to adjust later on if it doesn’t exactly work out.  Not everyone can go fishing every day of their life, unless they are a charter boat owner.  But some will.

Likewise, later in life when children are out of the nest and responsibilities are less, it may be feasible to pursue a hobby, turning it into full time work.  Moving into a second career can be feasible, since other sources of income have already been developed through investments and/or retirement.

Most people have a desire to follow their passion.  A successful home business venture can springboard many people to their dreams.  For this reason, many people engage in network marketing companies and opportunities that complement their own life goals.

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