![]() If there are at least 1,000 students enrolled in a course and the course has good ratings, Ty knows it’s a good market. If you have an interest in a topic, you can search for that topic, look at the subcategories and see what products are offered. Udemy is an online learning platform that offers classes in a variety of different subjects. There are two main methods Ty uses for finding successful markets. Remember, people vote with their dollars. You need to go in and find something that's already selling well, and then you can tap into that market and make money. People can want things all day, but it doesn't do you any good if they aren't buyers. So, your first step is finding out if there's a buying market for the kind of book you want to publish. Too often, people try to release a product without doing any research and t hen wonder why the product fails. We'll cover finding a content creator shortly, but let’s first discuss Ty’s 3-step system. The best part is that he doesn't even write the content himself.įor example, Ty’s son just put out a book about how to write a romance novel and made $1,200 in a week.Īnd he knows nothing about romance novels.Īll you have to do is find a great topic and have someone else write a book for you. By uploading enough books, he makes around $30,000-$40,000 a month. On average, Ty makes around $500 a month for each document that he uploads. So, what does that mean for you as a publisher? Amazon also makes it easy for their customers to purchase-including a one-click option. With Kindle, you instantly have access to an existing customer base-all of which have credit cards on file. This combination makes Kindle the best place to make your content available. Because they knew not everyone would want to carry around a physical device, Amazon also made Kindle available as an app. The Kindle allows users to shop, purchase and download books to their device, but it's also a physical product. Once they got into the digital publishing space, they created the Kindle. The way they ended up doing this is they opened up their doors to anyone that had content. ![]() When they started, their goal was to become the #1 bookseller on the planet. ( NOTE: Want to learn from Ty himself? Check out his FREE course, Kindle Publishing Bootcamp, inside of Lurn Nation) The Power Of KindleĪmazon has been around for over 20 years now. So, let’s look at how anyone can make money through digital publishing. Ty distilled his system down to the point where it could work for anyone, and he decided it was his duty to share this system with others. He decided to bring in some beta students to teach them his system to see how well they did. He turned out to be wrong about digital books and-when he realized this-he turned digital publishing into an incredible income stream.Īs far back as nine years ago, Ty was making $10,000-$12,000 a month through Kindle! Remember, this was a time where digital books weren’t popular yet. Initially, he was super skeptical because he was so used to reading physical books. He then started selling digital books through their platform and was amazed at the results. ![]() After spending years in the industry, he synthesized what he'd learned into a book that he started selling on Amazon.Īmazon was so impressed with his performance that they made him a beta tester for Kindle Direct Publishing (KDP). How he got into Kindle was through his love for the music industry. His 3-step system is so simple that even his 15-year-old son has mastered it, and h e now teaches this system to his students. He invented a system that allows him to make thousands of dollars through Amazon Kindle, and he's created real financial freedom for himself. While I'm generally not a big fan of reinventing the wheel, Ty's an exception. Now I'm going to share what I learned from Ty with you. He was kind enough to have a conversation with me that taught me a crazy amount about making passive income on Amazon Kindle. Ty was one of my first internet marketing friends, and we've remained friends over the years. I was able to learn a ton from my conversation with one of the original masters of Amazon Kindle- Ty Cohen. When you create passive income with Amazon Kindle, you're simply adding a digital asset to Amazon. You can make upwards of $100,000 a year by simply selling Word files on Amazon Kindle.Īctually, you don’t even have to write the files yourself! With passive income, you do something once and it keeps making you money. ![]() If you want to become a successful entrepreneur, you need to create sources of income that continue to make you money long after you’ve created them. Want to get ALL the tips that Ty shared with us on the go? Check out the entire podcast episode to learn how to create passive income with Amazon Kindle.
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