One of the newest real money making ideas you will be hearing a lot about in the coming months and years is self publishing on Amazon.com. This is where you write anything you want (it can be fiction or nonfiction) and sell it as an eBook for the Amazon Kindle.
In the history of the world, it has always been very difficult to get published. Writers would have to convince publishers that their books were worth taking a risk on and that has always been extremely difficult. Many writers, having been unable to convince the big publishing companies to look at their works have spent their own money to get their books in print. But that is most often very expensive and results in few sales.
Now You Can Self Publish With Amazon & Kindle
Now that we have the Internet though, things have gotten better for writers and would be authors. Absolutely ANYONE can actually put together an eBook and have it for sale online. This can be done through Amazon.com and a website called Smashwords.com where you can upload your PDF file eBook and have it listed for Kindle buyers.
To do it right you really need to be able to put some sort of a cover with graphics up and that could take some work figuring out how to do it. Additionally, there are all sorts of formatting issues that you will have to deal with as your books have to look right on the Kindle. Learning how to get everything set up at the start will probably take you a bit of time to learn but once you figure it all out you will be able to do it quicker the next time.
Pricing your eBook is something that careful thought should be put into. Many people are pricing their eBooks at 99 cents, $2.99, or $4.99 which is obviously not a lot. Remember, the goal here is to put something of quality up that people will want to buy and download for years. You will get between 30% and 70% of the price of the book with the rest going to Amazon or Smashwords. Never before has an opportunity to make money by writing your own
To learn more about self publishing on Amazon click the link.
You may also be interested in reading the book How I Sold 1 Million eBooks in 5 Months which tells a very inspiring tale of how the most successful eBook writer got his start and what he did to sell all those books.