2
- 1 year ago
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⬆️ Consider Upgrading to These Tools Once Business Grows:
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About this channel: I share what I learned from years of online marketing/business failures and successes so that you don’t make the same mistakes I’ve made, being $40,000 in debt and getting scammed for tens of thousands of dollars. And show you how I overcame that by building a six-figure passive income business and become a self-made millionaire at age 26.
Follow along on my income reports here • KDP Income Reports
📱 Connect with me:
Instagram - @seandollwet13
Twitter - / seandollwet
** Most outbound links financially benefit me and the channel through affiliate programs. The affiliate relationship in no way influences my opinion and I would not endorse programs, products or services I didn't use or feel familiar with.
This helps support the channel and allows me to continue to make videos like this. So if use my links to support me, a huge thanks to you.
The information shared in this channel is for educational and informational purposes only. There is no guarantee that you will earn money using the techniques and ideas in this video. This is not financial advice or investment advice. Your investments are solely your responsibility and it is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Your level of success in attaining the results claimed in this video will require commitment, hard-work, experience and knowledge. We have taken reasonable steps to ensure that the information in this video is accurate but we cannot represent that the website(s) mentioned in this video are free from errors. You expressly agree not to rely upon any information contained in this video.
🚀 Write and Publish Your First Book in Just 7 Days: https://seandollwet.co...
► Bookbeam (Discount Code SEAN10): https://seandollwet.co...
✍️ Where I Find Ghostwriters:
► The Urban Writers: https://seandollwet.co...
📙 Get Your Best-Selling Book Cover Designed at:
► Fiverr: https://seandollwet.co...
🔧 Recommended Tools:
► Get Book Reviews Fast and Easy: https://seandollwet.co...
► DFY Service That Runs All of My Amazon Ads: https://seandollwet.co...
► KDSpy - Keyword Research Tool: https://seandollwet.co...
► Publisher Rocket - Must Have Tool for AMS Ads: https://seandollwet.co...
►Bookbolt - Create Low Content Books (sean20 for 20% OFF): http://seandollwet.com...
► Creative Fabrica (Special Discount): http://seandollwet.com...
⬆️ Consider Upgrading to These Tools Once Business Grows:
► Helium 10 (Cerebro Reverse ASIN Search): https://seandollwet.co...
► LLC Formation for Publishers: https://seandollwet.co...
► See How Much You Can Sell Your Business For: https://seandollwet.co...
About this channel: I share what I learned from years of online marketing/business failures and successes so that you don’t make the same mistakes I’ve made, being $40,000 in debt and getting scammed for tens of thousands of dollars. And show you how I overcame that by building a six-figure passive income business and become a self-made millionaire at age 26.
Follow along on my income reports here • KDP Income Reports
📱 Connect with me:
Instagram - @seandollwet13
Twitter - / seandollwet
** Most outbound links financially benefit me and the channel through affiliate programs. The affiliate relationship in no way influences my opinion and I would not endorse programs, products or services I didn't use or feel familiar with.
This helps support the channel and allows me to continue to make videos like this. So if use my links to support me, a huge thanks to you.
The information shared in this channel is for educational and informational purposes only. There is no guarantee that you will earn money using the techniques and ideas in this video. This is not financial advice or investment advice. Your investments are solely your responsibility and it is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments. Your level of success in attaining the results claimed in this video will require commitment, hard-work, experience and knowledge. We have taken reasonable steps to ensure that the information in this video is accurate but we cannot represent that the website(s) mentioned in this video are free from errors. You expressly agree not to rely upon any information contained in this video.
Category
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CreativityTranscript
00:00If you're looking for a reliable, sustainable way to make thousands of dollars every single month
00:04without relying on anyone else, then this video is for you. I personally made over 1.7 million
00:09dollars with this business model. And the best part is that you don't need any special
00:13qualifications. You don't need to show your face online. You don't need a good credit score and
00:17you don't have to deal with selling physical products or some kind of service. All you need
00:21is a computer, an internet connection, and a willingness to learn. You can do this business
00:25anywhere in the world. I lived in places like Bali, Thailand, Hawaii, a little bit in Europe,
00:30and so much more while building this business online. So I know exactly how frustrating it is
00:35being trapped in the traditional income model. Back in 2016, I was making eight bucks an hour plus
00:40commission working at a retail job, sharing a tiny apartment with five other roommates just to save
00:45money. I knew there had to be a better way, but literally every single business model I tried,
00:50I kept failing. That was until I discovered this business model that completely changed my life.
00:55It not only allowed me to quit my job, but has consistently brought me in multiple six figures
00:59a year. So in this video, I'll show you exactly what this business model is, how it works, and how
01:04you can get started too. All right, so let's get right into it. So what exactly is this business
01:08model? Well, this business model is called Amazon KDP. It's basically self-publishing books on Amazon.
01:13And the craziest part is you don't even have to be a writer to do this. So you want to think about
01:17it this way. When you walk into Barnes & Noble or browse Amazon's bookstore, many of those books
01:22aren't actually published by the authors themselves. They're being published by big publishing
01:26companies like Simon & Schuster, Penguin Random House, and many more. So these publishing companies
01:31analyze what's trending in the market, what people are buying, and then they find authors to write
01:36books that meet that demand. So that is exactly what we're doing, but on a smaller scale. We're
01:41essentially becoming our own mini publishing company. We identify what books are selling on
01:45Amazon, and then we go and create books that meets that demand. Now, I know what you're thinking.
01:49Well, Sean, I'm not a writer, or maybe I don't speak good English. Well, don't worry, because
01:54believe it or not, I went through the same exact struggle. I am actually from Japan, right? So
01:59English is my second language. I moved from Japan to the US when I was 14, and I had a really heavy
02:04accent that I spent a lot of time trying to get rid of. I also have students in my coaching program who
02:09do not speak English as their first language, and they're getting really good results. Like this
02:14student from Italy who made $161,000 his first year with just 10 books. Or this student from France
02:20who made over $1 million in total lifetime earnings in around just 2.5 years. So you also might be
02:27thinking, oh, I know nothing about publishing, or I'm not skilled enough to do this. Neither did
02:31literally everyone else who started this business. Initially, they had no idea how this works. They
02:35didn't have the skills, but that is okay. No one is born knowing how to do anything. The beautiful
02:41thing about Amazon KDP is that the business model is extremely simple. Amazon wants more publishers
02:45on the platform because it makes them more money, so they try to make it as simple as possible for you.
02:50So it's very cool because you can earn while you learn. So the reason why you want to focus on selling
02:54on Amazon is because Amazon has millions of customers going to Amazon looking for things to buy
03:00every single day. They're actively searching for solutions to their problems or entertainment through
03:05books. So all we have to do is basically position our books to show up in front of them when they make the
03:10search on Amazon. And Amazon handles everything, okay? So printing, you don't have to do. Shipping,
03:15customer service, nothing. Amazon do all of that for you. So they basically give us access to their
03:20huge customer base, and we just have to provide them the books that customers want. So I've personally
03:25published books in multiple niches, self-help, business, activity books, and I did this while being
03:31a broke 21-year-old kid with basically no skills. So if I could figure this out starting from zero
03:36knowledge about publishing, then you can too. Now let me tell you exactly why I believe Amazon KDP
03:41is the best online business for beginners, especially if you're looking for true freedom
03:45in life. And when I say freedom, I'm talking about what I call the freedom trifecta. So that is
03:50financial freedom, time freedom, and location freedom. Now most businesses might give you one or two of
03:56these, but very few businesses actually give you all three forms of freedom. So let's break this down.
04:01If you think about service-based businesses like agencies or freelancing, yes, you can make good
04:06money doing it, but you're constantly dealing with demanding clients, sending cold emails,
04:11jumping on sales calls. You're trading time for money. The moment you stop working, the moment you
04:16stop getting paid. So you have no time freedom. Or if you look at physical product-based businesses
04:21like Amazon FBA, you have to deal with inventory, shipping headaches, manufacturing issues. You're tied down
04:27to one location because someone has to deal with the logistics. As someone who has experience in
04:31similar business models like this, I can tell you that it's kind of a nightmare, okay? So these
04:36businesses do not give you location freedom. But with Amazon KDP, it's completely different, okay?
04:41First off, you can be completely anonymous if you want. You can use pen names to publish books like me.
04:46I never used my real name to publish books and that is completely fine. It is a very common practice like
04:51JK Rowling from the Harry Potter series. That is a pen name too. You never have to show your face.
04:56You never have to get on social media. You never have to do any networking. Your book sells itself
05:00under a pen name while you're completely anonymous. And the passive income potential is honestly insane
05:05too. I'm still making money from books I published years ago. A lot of my students makes money from
05:10their books that they published years ago. And that is because once your book is on Amazon,
05:14it stays there for life while Amazon's doing all the work. Of course, you should still market your book,
05:19but Amazon's algorithm also helps you find your customers. So you literally make money while you sleep.
05:25I wake up to new sales every morning from customers who bought my books while I was sleeping. Like
05:30this student of ours made $4,800 in a month while barely doing any work for that month because he
05:35had some health issues and then he had to take holidays off. And here's what makes this truly
05:40sustainable. Amazon handles everything operational. So you don't need a warehouse. You don't need to
05:45worry about shipping. You don't even need to think about printing books because when someone orders
05:50your book, Amazon prints it, ships it, and handles any customer service that might happen after. All of
05:55this happens automatically without you lifting a finger. And the payment process is very simple too.
06:00Amazon pays you every month around the same time. It's a very simple process. But what's even crazier
06:05is that the market is growing year over year. More people are reading than ever before. You know, you might
06:10have seen this trend of people coming back to reading, whether that's to learn something or to, you know,
06:15entertain themselves, right? There are a lot of different books that you can create. But on top
06:18of that, the global sales of books are growing by 16% each year. And the audiobook market alone is
06:25projected to triple in size by 2030. So this isn't some trend that's going to die out. People will always
06:31want to read books, whether for entertainment purpose or to learn something. And I've helped hundreds
06:35of students of mine make money with Amazon KDP and build a successful publishing business. And I can tell
06:40you this. The ones who succeed aren't necessarily the best writers or the most creative people.
06:46They're the ones that treat this like a real business and follow a system. Because at the end
06:50of the day, that is what this is. It is a business system that anyone can learn and implement. So let
06:55me explain this business model in a way that really helps you understand how crazy it is. So I always
06:59compare this business model to real estate investing. So this business model is like real estate investing,
07:05but without the huge upfront costs and headaches of managing physical properties. So when someone buys a
07:10rental property, they spend a lot of time and money fixing up the property and getting it ready for
07:15a tenant. But once you get a tenant in, it becomes pretty passive and they collect rent checks every
07:19single month. Well, that is exactly how KDP works. Each book you publish is like your own piece of
07:24digital real estate. You do the work once to create it, and then it pays you royalties every single
07:29month, oftentimes for years. Just like how you can build a portfolio of multiple rental properties,
07:34you can do the exact same thing building a portfolio of multiple books. But on top of that,
07:38this is the best part that most people do not know about. Okay. Just like how you can sell a
07:43portfolio of rental properties, you can actually sell your Amazon KDP business too. I actually sold
07:49my first KDP account for $820,000. So think about that, right? I built this portfolio of digital assets
07:56from scratch, enjoy the passive income for years. Then in the end, I sold it for a life changing amount.
08:02And guess what? After you sell it, you can come back and do it again. That's exactly what I did with
08:07my new KDP account that I'm building. You know, I built it back up to six figures a year real quick.
08:11Like you can't do that with most businesses. Try selling a YouTube business as an example. If I try
08:16to sell my channel, this channel that you're watching, like it's almost impossible because
08:20my face is the brand. Like you can't sell this. No one can come in and, you know, start making money
08:25from this channel if I leave. So some businesses that you built, you just cannot sell. But with KDP,
08:29you're building a real sellable asset. And the beautiful thing is you don't need a ton of books to make
08:34good money. Even a small portfolio of high quality books in the right niche can generate a pretty good
08:39monthly income. Like this student who made $93,000 in a single month with just 27 books. And on top of
08:46all this, with the rise in AI, it's getting easier and easier to create high quality books. And I just
08:51want to say that no, we are not spamming low quality AI books, okay? We are using AI to help us make better
08:58books faster. So let me break down exactly how this business works and why some approaches work better
09:02than others. So there are basically three main types of books you can publish on Amazon KDP.
09:07First, you have low content books like these, like journals, planners, notebooks. A lot of people start
09:12here because they're easy to make. You can literally create these books within 30 minutes using Canva for
09:18free. And that is exactly why I do not recommend them. Because here's the thing about business.
09:22When something is easy to do, literally everyone else is also doing it. And when everyone else does it,
09:28then you're competing with 99% of other people. Think about it. If you can make a book in 30 minutes
09:34using Canva, what's stopping other people from doing the exact same thing? So although these books
09:39can be very profitable, like the ones on the screen is making good money, it's usually the most
09:44competitive for this reason. So next you have medium content books. You know, these are coloring books,
09:49puzzle books, activity books that requires a little bit more work because you need actual designs and
09:53content inside. And because of that higher barrier of entry, there are less people doing it, which
09:58means less competition and you typically make more money. And you can make really great money in these
10:02niches. But in my opinion, the best books to create are high content books, specifically full length
10:07nonfiction books, typically 150 to 200 pages. Yes, they take more time or money to create, but here's why I
10:14think they're the best. And that is because you can create multiple income streams from one book. So let me show
10:20you how that works. Let's say you want to publish a book on productivity. So first, you can
10:23sell it as an ebook. As you can see, this is on the Amazon page. So there's an ebook option, but you
10:28can also turn it into a paperback book and sell it that way. You can also create a hardcover version
10:33and even a audiobook version. So just from this one book, you have four different income streams,
10:38four different ways to sell it. And on top of that, you can translate the book into multiple languages
10:43like Spanish, German, French, and many, many more. Like this one book makes an additional $49 a day,
10:49just translating it into Spanish. So this is a Spanish version of this book. The English version
10:55is doing $100 a day, while the Spanish version, just by translating it, is all of a sudden doing
11:00another $49 a day. And on top of that, you can even bundle it with your other related books, which
11:05becomes a whole new book you can sell. So this is how you can take one book and turn it into seven plus
11:10different income streams. You cannot do this with journals or low content books. Like you can't turn a
11:14blank journal into an audiobook or an ebook. This is why I always push people into high content books,
11:20even though they are a little bit harder to create. But here's the most important thing.
11:23Regardless of what types of books you publish, the quality is absolutely crucial. Too many people try
11:29to just spam low quality books thinking quantity is how you win. But you got to think about this from
11:34Amazon's perspective. Like Amazon's whole goal is to make money, but also make their customers happy.
11:39If your book gets bad reviews because it's low quality, Amazon's just going to stop promoting it.
11:43But if your book consistently gets good reviews, then Amazon will know that it's a good product
11:48and they're going to keep pushing it more and more. And that is how you make passive income.
11:52So let me walk you through exactly how to get started with this business.
11:55The most important first step isn't writing a book. It's doing proper market research.
12:00This is where 99% of people get it completely wrong. Most people write a book first and then they try to
12:06find people who want to buy it. This is completely backwards. Instead, you want to validate if the people
12:12are already buying books on this topic and then you go and create a book on it. And this is as simple
12:17as going to Amazon's bestseller categories and see what people are buying. So as an example, I typed
12:22in a topic that I'm interested in, in this case decluttering, and I'm just going to see if the books
12:26on this topic are selling. And what you want to look for are books with below 80,000 in this number
12:31right here. So I have a tool called BookBeam that tells me how much the book is making in royalties
12:36every single day, plus the bestsellers rank. But this is a paid tool. So if you want to do this for free,
12:40all you have to do is open up the product and you scroll down until you find this section called the
12:46product details. And then it says the bestsellers rank 13,891 in books. So I look for a very specific
12:53criteria. You want to find at least three books under 80,000 BSR. That tells me that the topic
12:59is profitable because if it's around 80,000, that means that the book is making an average of $500 a
13:04month. So just by doing this quick validation process, it can literally save you months of making the
13:10book just for it to not sell. Now, when it comes to actually creating your book, you have two options.
13:15You can either do it yourself to save money or outsource it to save time. But you got to understand
13:20that you're always paying with time or money. That is just business. So when I started, I had no money,
13:26but I had a lot of time. So I did more of the things myself, but now I have more money, but very little
13:31time. So I pretty much outsource everything. The great thing about this business is that AI has made it
13:35a lot easier and faster to create these books. What used to take weeks can now be done in hours,
13:41if not minutes. But what you don't want to do is just copy paste everything from AI and just upload
13:46that. That is a very quick way to get negative reviews and kill your business. AI should be a
13:51tool to help you, but not a replacement. So in terms of investment, you can technically start with
13:56$0 if you're willing to do everything yourself. But realistically, if you want to create high
14:01quality books that makes you good money, then it is recommended to have at least $500 to $800
14:06per book minimum. This covers professional cover design, formatting, and marketing. Of course,
14:12the more you have the better. But if you want to just cut costs, once again, you just do more things
14:16yourself. So technically the startup costs can be close to zero if you want it to. The timeline to your
14:21first sale can be as quick as a few days after publishing, especially if you've got a good book and a good
14:26niche. But here's what I tell all my students. You want to treat the first 30 days as your ranking
14:31period. That's when Amazon gives your book a preferential treatment, show your book to more
14:35people, and you can potentially make more sales. You want to focus on getting as many reviews and
14:40sales during this period, even if that means pricing your book a little bit lower. Based on myself and
14:44hundreds of student results, here's a realistic timeline. Your first $1,000 a month can happen within
14:50the first two to three months if you're doing everything right. I personally hit 10k a month in 10 months,
14:54but that's a bit above average. A more realistic goal to aim would be between $5,000 to $10,000
14:59per month within your first year. You have to remember that this is a real business and not a
15:04get-rich-quick scheme. You're building assets that'll pay you for years to come, so it's worth
15:08taking the time to do it right. The biggest mistakes I see people make is chasing quantity
15:12over quality. They see someone making good money and they just think, oh, I just got to publish more
15:17books. But I also did that early on in my business and my income was stuck for literally a year and a half
15:22because I was focusing on quantity and not quality. And the moment I changed this
15:27to focus on quality, my income exploded. Next, you have to do market research. Don't just guess
15:33what might sell. Look at the data. Look at the BSR numbers. Look at what is already selling and try to
15:38make something that is better. That is the best way to prevent yourself from wasting so much time
15:43creating a book no one wants. And third, your book cover has to be amazing. This is not the place to
15:48save money, right? I see so many people trying to save five, 10, 30 bucks that you can pay some
15:54professional designer to create a book cover for you for. And instead, they try to save that
15:58by creating a book cover on Canva when they're not even a designer. They don't even have the design
16:03skills and their book cover just sucks and their book doesn't sell. When again, you could have paid
16:07someone 30 bucks, have a pretty good book cover to get started with. Lastly, you need a system for
16:11getting reviews. So I don't care how good your book is. If you don't have reviews, it's not going to sell.
16:17You need ways to get legitimate real reviews for your book. Now I do share tons of strategies on
16:22how you can get real reviews for your books in my Amazon KDP program, if you guys want to check it
16:27out. And these strategies work. So this is a student of mine who got 100 reviews in his first month.
16:32All right guys, so hopefully this video showed you the potential of this business model and how amazing
16:37it is for Amazon to just pretty much handle most things that you normally have to do as a business
16:42owner. How incredible the opportunity is right now with the market growing and how you can get
16:46started. Now if you want to take this business seriously, then there are a few options for you
16:51to move forward from here. The first option is if you want to work with us directly and have us help
16:55you take your KDP business to the next level, then you can apply for our coaching program, which is the
17:00first link in the description below. So it'll take you to this page here and from there you can fill out
17:04the form, get on a free call with one of my coaches. You can ask us any questions you have and we can see if
17:10this is a good fit. Now a quick disclaimer is that this is a paid coaching program. It costs money to join.
17:16It's not a free coaching call. It is a call to see if my paid coaching program is a good fit for
17:21you. Also, I want you to know that we do not work with those looking for a get rich quick scheme.
17:25This is a real business and a real business takes time. Okay. We also don't work with entitled or
17:30rude people. So if you're coming in here, you know, posting stupid comments under this video saying,
17:35oh, this is a scam. It doesn't work. You know, this and that. Don't even try to book a call because
17:39we don't want to work with you. We only want to work with people who are serious, who are positive,
17:43and we enjoy working with. And lastly, we don't work with people that we genuinely don't think we
17:47can help. So after the call, if we think this is not a good fit, then we'll straight up tell you
17:52it's probably not a good fit and we'll not even try to sell you this program. Because once again,
17:57we only want to work with people that we think we can help. Now, if you're not ready to commit to a
18:01paid coaching program, that's fine too, right? I'm not here to try to pressure you into joining
18:06something that you don't want to join. You know, I have a ton of free content on YouTube,
18:10so you guys can get started there. And you know, the thing is, you're always paying with time or
18:15money, as I said many, many times. So if you're watching my free content, you have to piece
18:19together different information and it's going to take you way longer probably to succeed. But I got
18:23some pretty great videos, so it's a good starting point. And this option is completely fine as well.
18:29So the last thing is, if you made it all the way until this section of the video, then you're
18:32obviously committed. So I want you guys to let me know that you made it all the way here. So comment below
18:37all in and I'll try and answer as many questions as possible. But with that being said, hope you
18:41enjoyed this video. If you did, leave a like, subscribe. Thank you so much for watching and I'll
18:45see you guys in the next one.