I write content on Hive. If you are reading this, odds are, you also write content on Hive. We are both Hive authors, most likely in the form of articles.
The quality of said articles can vary depending on the author, their home country, their english level, the amount of time put into every post, the intrinsic talent of the person behind the keyboard, and much more, but that's basically it.
I've been part of Hive for almost five years and, considering that on an average week I write around five posts, that means that I've written more than 1,000 posts.
There's gotta be 50 of them worth reading, would you agree?
I'm not so sure. The thing is, nowadays everyone and their grandma is a published author and in this time and age, if you are not generating passive income you are basically stupid.
I'm not generating any passive income. I guess I'm stupid. Which is exactly why I decided to look more into Amazon's self publishing tool.
It all began a few weeks ago when I stumbled upon an article stating that suburban housewives and high school bozos were making a couple thousand a month just by publishing crap - literal crap they write during their crap time - every few months, getting a few thousand copies sold before publishing their next crap compilation.
That got me thinking. I already have a lot of crap published on Hive, and it is my property. How about I compile the best crap within this pile of crap that I call blog, and publish said golden compilation of the very best of anomad?
I've always called myself a writer before anything else
I'm not a marketer even though I have a marketing and administration degree. I'm not a psychologist even though I have like half the credits from uni and have read ten times more books than any psychologist graduated in the past 3 years. I definitely don't call myself a trader or a crypto expert even though I spend most of my time in the cryptoverse. I am definitely not a dog cuddler despite what my four dogs think.
I'm a writer, or at least that's what I like to think. The thing is, I've never, ever been published. That's some shit tier writer if you ask me.
Turns out, everyone and their grandma can self-publish on Kindle for Amazon.
I went ahead and did some research and apparently it's not hard at all to publish. The hard part is to actually get the book out there and land some sales so it starts trending and thus, it gets promoted by the algorithm and more people buy it - and God knows people love to buy crap, especially if it is marketed correctly.
Sounds pretty easy, doesn't it?
Well, I'll tell you how easy it is, and I'll definitely let you know if it is worth your time and effort.
Who knows, odds are, if you've been part of Hive for a while now, you might as well have some material ready to be tweaked and published.
Sounds like passive income that could mean more dirty Fiat ready to be injected into your crypto portfolio, isn't it?
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I'll weigh in on this, having self-published 5 books on Amazon (and other channels), with more on the way. It's relatively easy to publish, yes. The hard part, as you guessed, is actually making sales. If you don't drive traffic to your book, or don't have a niche market that's actively looking for what you've published, it can be extremely challenging to make any money.
The other thing I want to mention is that Amazon wants fresh content. That means, if someone were to simply compile already-published blog posts into a book, Amazon isn't going to accept that. So, to anyone considering this route, be sure at least 90% of the content you publish through Amazon is not previously published on the internet (or delete it on Hive or other channels before publishing it on Amazon).
There's a learning curve, but it's definitely doable. Cover art is crucial, as are keywords and the like. I'm sure you can figure it all out and do well with it, considering the way you go after any of your other interests. Hit me up if you have questions and I'll do my best to help. 💖
This definitely requires a DM :D hahahaha
That should be the title for your first book.
It is an attention getter and could sell thousands.
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Not a bad idea. ;)
LMAO. But honestly, it's not a bad title. I would buy it because I guess I am stupid too. 😂
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"Passive income as fuck" would make a great title for another book too
I actually like this title more :D
Might as well, doesn't sound so bad, although how will people know what the book is about?
Interesting. Wouldn't it be easy to affect the algo?
You could write a book, publish it and the write a post on hive about saying that everyone who buys the book, gets a few extra cents + an upvote :p
That expense could be seen as the price of marketing :p
I was thinking about something like this exactly, to give books at a 90% discount if they buy with the keyword 'hive' or something and get also a cashback of the 10% worth of hive token, effectively making it a free book but for the algo it would be a sale, making it boost in sales... this could easily become a thing for us hivers.
I dont know how discounts works through kindle xD
Oooh, I'd love to hear the feedback about this project. Please tag me in on the post! I'd be very disappointed if I had to mis it 🙏✌️
Yeah definitely, it will take me a few weeks to have everything sorted out but I will post an update once I make some progress and I'll make sure to tag you so you don't miss it.
I've been considering Kindle publishing for some other writing projects. I hadn't considered re-purposing hive content. But again, I haven't been on hive long enough to have that body of work anyway.
I'll keep my eyes open for future posts if you care to share your results with it.
Yeah definitely, it will take me a few weeks to have everything sorted out but I will post an update once I make some progress and I'll make sure to tag you so you don't miss it.
Thank you! I appreciate that. !PIZZA
I keep reading about passive income, but I find that my definition differs from the norm.
To me, you will be earning an income from performing an activity (blogging/posting) that you happen to enjoy and it comes easy to you. By classifying that as passive income, I think you are discrediting your gift/talent for writing.
Once you take the fiat that you earn from your masterpieces, then transfer that into HBD and earn 10-12%, then there's your passive income.
Yeah and argument could be made that passive income is just your money generating you more money. I don't see blogging as a passive income, it is actually one of my most active sources of income but, tweaking that content that I have sitting on chain that stopped generating me income after 7 days, and publish it on an outlet that will provide income no matter when the customer buys it, that for me is passive. I could monetize (on top of the hive rewards) content from 3 years ago that to me was worth so much more than the 3 dollars I got. It's a matter of perception, yeah, but I do see it as passive.
Oh I definitely have a bunch of stuff i think were super cool that can be tweaked and published. It’ll be nice to venture into this if it’s going to be worth it. Okay okay I’m sold.
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Yeah definitely, it will take me a few weeks to have everything sorted out but I will post an update once I make some progress :D
I do not know at all how Amazon works for what concerns their publishing system, so that I may be wrong in the following. However, I imagine that any passive income should be connected to the amount of Kindle readers you get. From there, the question is about how many readers you need to get anything worth the time.
Note that my question is just there out of curiosity.
Cheers!
PS: please tag me too on your future "feedback post".
I've been doing some research and you start earning from the first sale, it is percentage based so obviously the more you sell the more you earn but, you can also create strategies to sell more books and trend and things like that.
Yeah definitely, it will take me a few weeks to have everything sorted out but I will post an update once I make some progress :D
Hmmm that is interesting. I can definitely imagine setting up a framework in which the connection with the Hive community is used to help in getting specific kindle-books trending. I have personally no time to deal with this (I barely manage to deal with half of my life, so...), but I am totally curious in watching from the back scene how well you will do :)
Cheers!
Nice idea! Did you think about what the "crap" book you want to publish is focussing on other than a "golden compilation"? I guess the marketing part to get the ball rolling is the big hurdle to tackle.
I have a few fairly basic book ideas to bring into reality. But my sheer laziness keeps me from actually making it a reality. I'm really curious how your kindle adventure will pan out. Perhaps one day I actually do start with my ideas...
It will definitely be a tweak of my best "thoughts" posts, and I'll see how it goes from there.
It will take me a few weeks to have everything sorted out but I will post an update once I make some progress and I'll make sure to tag you so you don't miss it and get some feedback for your own oddysey.
Awesome!
There's beautify in writing, especially with good writeups like what you share. I'm excited you have left a footprint for others to follow. Keep doing more on the hive blockchain to improve the activities of all writers @anomadsoul
Thanks man! It really means a lot to hear those words, I appreciate the kind words and thoughts.
Sure, you're welcome sir, always.
Yeah, selling books on amazon is a thing to generate passive income. Because you create it one time and can enjoy a lifetime of sales. It all comes down to content and marketing. These two have to go hand in hand. There are people who simply copy-paste or curate free content into one single ebook targeting famous niches that get organic searches on Amazon.
The best part is instant delivery, and hardly any returns.
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Exactly, and the best part if that I already created most of the content, all I need is to tweak it and make it perfect for a book style.
Very true. There is a guy I know that has something like 40 "books" he published in digital form and he sells them for something like 99 cents. I read one of his books and it wasn't really my style but he sells thousands of each one so I guess someone out there likes it.
He also did something where he would publish classic books where the copyright has long since run out and made some money off of ignorance of people on Amazon who don't realize that the classics are free on the same website. I don't know the legal specifics of this but he never got sued for it so I guess it's allowed.
Holy shit this is huge, I knew people always looked to game the system but that is just genius. Thanks for the input man!
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