MY 12 INCOME STREAMS as an author | Different types of passive income streams writers can look into!
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- čas přidán 20. 01. 2021
- In this video I share 15 total examples of income streams for writers and the 12 author income streams that I had in 2020, as well as why I love passive income over active income and why multiple streams of income, such as books, merch, youtube videos, and more, can be so beneficial to writers!
VIDEOS MENTIONED:
◦ Upload your book to KDP: • HOW TO UPLOAD YOUR BOO...
◦ Upload your book to Ingramspark: • INGRAMSPARK TUTORIAL: ...
◦ Upload your book to Draft2Digital: • How to Upload Your Boo...
◦ Where I Publish, How, and Why: • Where I Self-Publish M...
◦ How to do In-Person Book Signings: • How to Do a Book Signi...
◦ "What is Patreon? Should Writers Use It": video: • WHAT IS PATREON? SHOUL...
◦ Author Money $$ Playlist: • Author Money $$
OTHER LINKS MENTIONED
◦ Patreon Video Club “How Much $$ I’ve Made from CZcams”: / exclusive-how-46089060
◦ My Website Store (signed copies, digital resources, etc): www.bethanyatazadeh.com/store...
◦ My MERCH Store: teespring.com/stores/bethanya...
◦ Ingrid Nordli on Instagram: / arcticpaintbrush
❤️ COMPANIES I LOVE & AM AN AFFILIATE FOR:
◦ PUBLISH AND THRIVE: heartbreathings.teachable.com...
◦ THE BOOK LAUNCH PLANNER & STICKERS (10% off discount code is BETHANY10): thebooklaunchplanner.com/?ref...
◦ EPIDEMIC SOUND (where I got the music in this video and others! If you'd like to try it for a month, using this link gives me a free month! Thank you in advance!): www.epidemicsound.com/referra...
◦ DRAFT2DIGITAL: www.draft2digital.com/bethany...
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📚 T H E S T O L E N K I N G D O M S E R I E S :
www.bethanyatazadeh.com/thest...
◦ COLLECTOR'S EDITION / BOX SET: www.amazon.com/dp/B09KF5YYZJ
◦ THE SECRET GIFT: books2read.com/thesecretgift
◦ THE STOLEN KINGDOM: books2read.com/thestolenkingdom
◦ THE JINNI KEY: books2read.com/thejinnikey
◦ THE CURSED HUNTER: books2read.com/thecursedhunter
◦ THE ENCHANTED CROWN: books2read.com/theenchantedcrown
◦ The Stolen Kingdom Audiobook: www.audible.com/pd/B088FVQNJK...
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📖 B E C O M E A P A T R O N :
Where you can receive digital early reader copies of my books, writing & publishing advice, help with your author platform, meet writer friends, and more!
/ bethanyatazadeh
💻 M Y A U T H O R N E W S L E T T E R :
Sign up for FREE exclusives (the first HALF of The Stolen Kingdom + a step-by-step self-publishing guide): www.bethanyatazadeh.com/contact
❤️ M Y M E R C H :
teespring.com/stores/bethanya...
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📒 M Y O T H E R W O R K :
◦ EVALENE'S NUMBER: amzn.to/2LyJt87
◦ PEARL'S NUMBER: amzn.to/38FsJok
◦ MARKETING FOR AUTHORS SERIES: www.amazon.com/dp/B09CY8PCYK
◦ THE CONFIDENT CORGI: amzn.to/3oUIa1u
◦ Novel Planner Notebook: amzn.to/2LvyD2G
___
💬 L E T ' S C O N N E C T 💬
Website | www.bethanyatazadeh.com
Instagram | / authorbethanyatazadeh
CZcams | / bethanyatazadeh
Patreon | / bethanyatazadeh
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Thanks for watching!
❤️ Bethany
Note: some of these links are affiliate links and will support me with a little extra income at no extra cost to you. :)
#Authortube #SelfPublishing #IncomeStreams - Jak na to + styl
I wish I'd said this in the video, but reaching this number of income streams definitely didn't happen overnight! This is something I've built over the last four years, one income stream at a time, so hope that encourages you. Let me know if any of these income streams surprised you? :D
The issue with Amazon and affiliate approval surprised me. If someone is selling a ton of books on their site like you are, you would think it would not be an issue if you are selling them on other sites too. I am getting ready to publish my first book and want to upload it to several platforms but now, I am not sure. Is affiliate money worth it or is it more beneficial to have your books on multiple platforms for people to purchase?
Great video! I have several books that novel rank quite high, and though I’ve been a published author for 8 years, I’ve just started with CZcams. Can’t wait to see where things end up. Would be interesting in future videos to talk about reinvesting income into future projects or into ETFs of things you care about (I invest in an environmental sustainability ETF that provides a fairly good returns). [ETFs are purchased just like stocks]. Keep up the great work!
As someone who wrote a few books and started exploring different income streams. This is refreshing to see it coming from an endearing author ✍️. Thank you and keep it up 👍
Thank you! :D
@@BethanyAtazadeh truth is truth
I'm rewatching this video a couple years later. I'm glad you're so picky with affiliates because it made it easier to trust your recommendation of publish & thrive. I took the course last year and am *retaking* it on my own right now. It's wonderful. I'm publishing my first book this fall and I would feel so completely lost without that course.
You are one of the most _helpful_ professional writers Bethany, and I'll bet the range of your appreciative subscribers exceeds even your readership numbers, a case of the books feeding the channel and vice versa.
Thank you!
Love seeing other creatives posting income reports and income sources on CZcams! (And it certainly doesn't hurt that CZcams LOVES it too and that it's one of the algorithm's favorite too monetize!) Go Bethany! I hope you make a few more of these videos in the future updating us on what you and your income sources are doing.
Fellow Minnesotan and Authortuber here, I didn't know you were from Minnesota so that was a fun surprise so hey!
Thank you so much Sara! I agree haha, and it's fun to talk about too! I definitely have more videos like this planned for the future :) and yay MN - I always assume people can tell by my accent lol 😂
Wow this is just what I needed and it showed up randomly. Thank you 🙏🏽
Loved this!! It's so easy to push the starving artist/author image when all you think of in terms of income is your books but the more I look into self-pub the more I see that there are SO MANY income opportunities that I will have control over. I appreciate your openness with the money making side. It's more than a little helpful.
So true, I agree! If I *only * made money from books, that would cut my income by almost 2/3rds, so branching out really does make a HUGE difference! :D Thank you so much!
I really do appreciate your videos on income streams. I look forward to more of your videos in the years to come
Haha I love that you mentioned your award - one of my goals is actually to win some money from writing to put toward school each year that I'm in my program! So interesting to hear about the different streams of income you've got going on - encourages me as I grow my own Authortube channel and other streams!
Bethany, THANK YOU for your very informative and useful content. Many Blessings to you and your wonderful family!
thank you so much this is exactly the video i needed!
Wow, such a great video! Thanks so much for sharing all this information.
Yes passive income is like planting apple tree seeds, watering and keeping care of them and doing all the work in the beginning which can take a lot of work and can take months to a year or so but then the trees will grow and flourish into a massive apple tree orchid and now you don't have to do the work anymore, the apples will continue to bloom (income will keep coming even when you don't put the work in anymore cause you already did in the beginning of the process.)
SOOOOO INFORMATIVE!
Awwwwww Christmas Corgi!!!! ❤ You are full of cute ideas! How professional and phenomenal!!! 🎉❤😊
Thank you for sharing this. Important for everyone to have more than one income stream, especially in these strange times. I am learning how to create a passive online income. Fiction writing is one stream I am working on. I look forward to gain more tips from you. Thank you.
Fantastic video, thanks so much Bethany.
Bethany, thank you for making these. Such good information, presented clearly, and you are a great public speaker!
Just dipping my toes into the author's world and your information is invaluable in navigating this daunting publishing process.
My first ever children's book is coming out soon! I am equal parts nervous and excited! I went through a publishing company due to fear of the unknown this first time. But am really thinking hard about the publishing route for the other two I have written. 🤔😳😉 I was searching for information and found you. So glad I did!
I love this! I just found your channel, I’m a fellow writer 🤓 going to be binge watching your videos this week!!
Yay! :D
Wow... I had no idea there was so many income streams. I have 5 published books and so far I’m only using KDP and Draft to Digital. I’m revisiting each book and is going to setup the other income streams, and I’m joining your Patreon!! Thanks for sharing.
So glad it was helpful! :)
I love the concept of passive income. Trading time for money will leave you in a lower class income bracket. Just one passive stream could blossom into more than you could ever make hourly.
I haven't even watched the video all the way through, I had to subscribe and like this video because I love your personality.
Thank you so much!
I loved this video! Please do more like this. Your Author $$ Playlist is one of my favorites.
Thank you so much! ☺️
Thank you very much for sharing, Bethany! Im just starting out and I find this video very helpful 🙏🏽
Glad it was helpful!
Thanks for the information, l will apply them on my 6 books
Great video! Very helpful.
Hey! Bethany you are my Biggest inspiration!!!!
This was a great vid. I'm a new author and I've learned a lot.
I love your sweatshirt!
So cool that you showed the Corgi book because I finished my draft of my fantasy book but I am also working on a children's book and I was wondering how the print is for illustrations- years ago they were not very good.
"Bloopers for daaays" 🤣
Dude, your face when the picture fell was completely priceless.
But great vid anyway!
I had no idea "books" was so many different streams.
I had been loosely planning to do KDP only.... but that seems ridiculous now, a pointless limitation.
So thanks!!!
Yh same I was planning to do a KDP as well but then I decided that i want to write across a wide audience instead of just for Amazon Kindle as only people who use Kindle would purchase it if they are interested but not everyone uses Kindle so not everyone will get a chance to read it.
I'm early! Was bumping some Busta Rhymes when your notification popped up. Very interesting, I'd like to earn that many streams of income. My wife and I are working towards earning a few based on this novel. Great video and as always, inspiring too.
Haha yay! And it definitely has taken me years to build up to all 12, I wish I'd thought to say that in this video, because it definitely doesn't happen overnight, but so glad it is inspiring! :D
Loved this video! Thanks for such transparency and ideas for my own business! Really appreciate it. This is so helpful! 💜💜💜 definitely would like to see sponsorships! Yes, go, Queen💪💪
Yay! Thank you so much! 🥰
Thank you so much for this video! I've just recently became an author and I've been struggling to find ways to make passive income 🥰
I have been waiting for Sarra's course to open up! Thanks for the head's up and the link. Enrollment begins Jan 25th and ends midnight Feb 7th.
Yayyy!! So excited! That course made a huge difference in my career, if you take it I’d love to hear what you think of it! 🥰
Thanks for this video. I've never actually considered all the possible incomes I could pursue someday. This could really be tailored to the strengths of each author.
Plus...Your bloopers are adorable ;) It's so refreshing to see real people.
~Alysha
Hehe thanks Alysha! :D I love that idea of tailoring them to strengths too!
Thanks for sharing. Loads of potential!
Thank you!
Great video Bethany... love the bloopers :-)
Haha thank you!
"Bloopers FOR DAYS" 🤣 We love it!
Haha!
Definitely interesting to watch! I’m excited because I’ve been planning on doing P&T this next time, so I’m glad I watched this first! Saving this video to grab your link.
Woohoo!! I'm SO excited for you!! I think you'll love it and I hope you'll let me know what you think of it after!
@@BethanyAtazadeh of course I will!
Thank you so much, very very helpful, 😊
You're very welcome! So glad you enjoyed it!
Interested in the care packages. What do they include for the customer? What’s the earning like and how easy is it to implement? Love this channel btw thanks! X
Oh wow you've spoken for Writing Mastery Academy?! That is so cool! You're totally rocking it!
Yay thank you! They’re awesome! 🥰
@@BethanyAtazadeh I have a follow-up question! Have you gone through the paid course for WMA? I've been a fan of Jessica's for a long time (all about Save the Cat) and I know she would provide great content but I wanted to know from someone who has taken her courses. Let me know!!
Awwwww your Corgi! 😊❤
Great video, very similar to my streams ☺️
Thank you so much!
This video is a gem for the all authors but especially someone trying to find there way. Regarding Ingram Spark do they also print children’s books? Do you know? I would assume so but I’ve put the info I use for kdp and keep getting stopped. There site is frustrating but I’m strong and determined lol. I’m going to watch some of your other video’s your information is so helpful. Thanks again!
This is helpful!
Thanks Rebecca! :D
Awesome video! Question... what company do you use to print and stock up on your physical book copies?
A lot of great, useful info!!! It looks like a writer has to be an active, full-time marketer. Difficult to understand when a writer has time to write!
Thank you! And I agree, it's hard to find time. I have to set aside time for writing first thing before the marketing and business work, otherwise it doesn't happen!
I'd love to learn more about ordering stock, which print company do you pick and are there extra deals when paying for it, tips tricks etc. or even just what things to consider. if this video already exists on your channel would love a link
Hey a workaround for Amazon links is to apply to skimlinks. You can use their links to Amazon instead. Sovrn / viglink might also work. I don’t remember which one has Amazon in it.
Goodness, you really have your career all put together. I don't even have half of what you do. I need to get my butt into gear. I just pulled my books from KDP because it says in order to have your books distributed through Barnes and Noble and such, you can't have them exclusive to Amazon. How are you putting yours into KDP and having them with other places too? I have been thinking about putting my books for sale through my website. I'm still learning how to use my website so there's that. But wow, you are a really good speaker and very informative. Thank you. This was very helpful for me.
KDP and Kindle Unlimited are actually two different things. You can publish on KDP and also publish wide. But if you sign up for Kindle Unlimited (which is a program KDP offers specifically for ebooks), then you're signing a contract to say they exclusively publish the ebooks (for as long as you're part of the program). That's how you publish on KDP and also wide. I just don't enroll my books in kindle unlimited if I want them to be published wide. Hope that makes sense, but definitely research it if you want to know more!
@@BethanyAtazadeh ah yes. I guess it was just so much you were talking about, I got confused. Thank you.
Oh man it's so interesting to hear all the different streams of income. I'm sure my brain would totally melt trying to keep it all straight. I'd need to go full colour coded spreadsheet lol
So glad you liked it! oh my gosh yes, if I'd tried to start out with all of them at once, I would've felt the same way! But in my case, I added one at a time over the last four years, so it doesn't feel as huge when you approach them one at a time hehe
I placed my first eBook on amazon, next will be Barnes & Noble
Bakers dozen!!! Go girl!!!
One question I had about working with a designer in regards to the corgi merch sales, does the designer get a portion of the sales going forward too with passive income? Or do you pay the designer up front and then you get the rest of the money going froward?
Have you done a video on publishing your notebooks? I am so interested in that. I've just published my first coloring book on kdp and there were no binding options, plus I guess kdp doesn't like blank pages. So, how did you do it? Thanks, as usual a value your content!
I haven’t but to be honest I watched some other videos here on CZcams on that haha, so I would recommend searching the topic here and there are some great videos people have done already!
Thank you so much from your videos. Because it, I manage to learn and self published my first poetry book. From your video of making an Ebook, still have difficulty to make right on Calibre. Anyway, Thank you. Could you make a video about how do you order and from where your books for selling in personal or signing it. Thanks
So glad to hear that! I actually have three videos on that topic! :) if you search my name plus book signing you’ll see all three videos pop up and I would recommend the newest one because if I remember right it has the most tips! :)
Oh! And also you could search my name + “proof copies” for my review of three companies that I have used to print personal copies and which works best for signing!
Ahhh, I wonder what you would say to care packages/signed books as part of a Patreon offering. Were there specific reasons you separate them? Thanks for help thinking through some pieces of this process! :D
I have a lot more control on my website over the details!
Can I ask you a question? My only problem with doing some or all of the things that you are doing is that currently, I have 18 books on KDP and it seems as though, no matter what cool stuff I have on my website (CDs, stickers, t-shirts, book bundles, etc.), I can’t get anyone other than my own family members to purchase. The same thing with in person events. I’ve tried ribbon, cellophane paper, stickers, balloons, autographed copies, but most people just stop by my booth to chat about my books but don’t actually buy any, I’ve even tried lowering the price….any suggestions to growing your fan base?
You mentioned a signed book plate? What is that and how did you get it made?
Ah, I didn't know you didn't like live events :( Well, good on you for stretching out of your comfort zone D:
Thanks!
Great video! Quick question, are you using the same isbn number for digital and Ingramspark? Or are you using their free isbn like Amazon?
I purchase my ISBNs on bowker.com and use the same one across all vendors.
can you self publish your book on Barnes and noble for free as it states free trial does it have a monthly membership?? or do they just take a percentage of your sales?
Awesome! Do you have any tips on graphic novels?
I've never done a graphic novel, but I remember watching a youtube video about it once, so I bet you could find some great advice on here!
Thanks for posting this. I learned so much from it, that I would hit the Like button 5 times if it'd let me. :-D Keep up your hard work. Judging by your subscription numbers, many of us appreciate it!
Yay! Thank you so much! ☺️
i think you meant 5th income shrimp swimming in a stream. yeah!
I currently sell ebooks through KDP. I've thought about selling notebooks through KDP. Do notebooks sell well? Also, do you use a separate KDP account for your notebooks?
I was going to do the publish and thrive course anyway, but I’m going to use your affiliate link so you get a cut :D
Aww yay!! Thank you so much! And I can’t wait to hear what you think of it, I think you’re gonna love it!!
@@BethanyAtazadeh No worries at all! I’m so excited for it :D
Where can I go for a ISBN number to sell books on other sites, or does each site give you one like Amazon?
I used to be an Amazon affiliate and they would constantly reject me for random things I wasn't aware of. So, people would click on affiliate links on my website, and I thought I'd be making something from it when I wasn't. When I'd go to look, they disqualified the sales for miscellaneous reasons or would close my account for not having sold anything. (This was way before I published any books).I see so many people doing well with them, but I just can't figure them out lol.
Oh weird!! That’s so strange and disappointing to hear that Amazon treated you like that. I haven’t had great experiences either. :(
As I am just deciding what to use for website sales (feels like a big step), could you say what you use? I'm think WooCommerce for cost/low volume to start...
I got a really good deal to add a store on WIX (it was like $5). Otherwise I would’ve continued to add PayPal as a button because I’m all about saving money. I would never want to make money and then have to give it all to the website provider
Thanks Bethany for your wonderful videos. Please can you help educate us about publishing in china. Information on the Chinese market is scarce. I learnt they have good platforms like @t, JD etc. Please can you educate us because china appears to be a big market that can boost sales. Thanks
Hello. I got a question. I'm almost done with a book thats based on life experiences I've had. Sort of a autobiography/memoirs type thing. I have an editor thats helping me. Its my very first book and its taken quite a bit to write it. Anyway, I have other ideas for various topics on different books. I noticed that you have quite a few books youve written. My question is do you write one book at a time or are you the type to have more than one book project open at a time?
I have done both, it's really personal preference!
Omg...I have a corgi too! She is a tri-color. I just published 4 books on Amazon to help women recover from Narcissistic/Emotional Abuse. Now I need to switch my focus from writing to marketing/sales. If you have suggestions I would love to hear them :) Thanks!
Yay for corgis! And I have a whole marketing playlist on my channel if you want suggestions! :)
Hey! If you add your books in draft 2 digital... Can you still get KDP select option which has 70% royality?
I believe D2D takes a cut but it’d be close to that
I think your book covers would look good on merch. Try it.
(1) You have to pay for the commercial license rights to do that, just fyi, it’s not something authors can do without permission. (2) I DO have merch with my covers on them lol
@@BethanyAtazadeh I design my own covers, so that puts me in a better position. Thanks for your feed back, Bethany
How do you organise in person book signings/ events? Do you get a booth at like book fairs ect or something else?
That’s a great question! It depends on the event but I have a whole video about it here on CZcams (technically I think I have three on book signings but the newest one is the most helpful when it comes to tips! :) if you search my name plus book signings you’ll see all of them! :)
@@BethanyAtazadeh thank you so much, will watch now :)
I hope you have it set up as a business, that all those payments go to the business. That why you can’t take advantage of business tax rates and all it’s possible deductions.
I do.
Is there a company that will upload to Ingramsparks that I can hire
How much do you make a month?
It also depends on your niche or genre on how well you can generate the income. Plus, Amazon will punish you if your book is not exclusive with them. Meaning your ebooks and print on demands. If you sell the books directly with them and then put them on other publishing sites, they will send you a warning and kill your enrolment in their kdp select option.
not quite! KDP is not exclusive. Kindle Unlimited, a program offered by KDP for ebooks, is what is exclusive. As long as you don't enroll in kindle unlimited, you can publish on KDP and wide without an issue. If you enroll in KDP, then it's part of the contract that they offer ebooks there exclusively, but paperback can still be wide.
Can you tell us what POD you use for your merchandise? Printful? Spreadshirt?
If you click on the merch in my video link you will see that it’s Teespring.
You didn't mention Lulu.com, so not sure if it's because you don't like the site, or if you don't know about it. They have Coil Bound books that would work well with low content and no content books. And their Coil Bound books would also work well with workbooks, for anyone who would want to create workbooks to go with their nonfiction books and courses. Lulu distributes to Amazon, Barnes & Noble, and to Ingram. They also give you the option to sell from their site, or from your website using Shopify or API.
I don't personally need Lulu, as it does the same thing as the other companies I use, but that is definitely a valid option!
are your book sales and youtube videos under one LLC?
What about selling your books through Bookshop.org instead? They have an affiliate program. I guess I don't don't know what their policies are for authors, though. I'm listing both Amazon and Bookshop links in my videos.
I'd never heard of them before but they sound awesome! Definitely sounds worth looking into :)
@@BethanyAtazadeh They are fairly new to me, too. But I placed an order for Christmas and it came quickly. The prices vary compared to Amazon, but they are usually pretty close!
Do you have a writing course? May i get the link to your course please.
I have a *publishing* course! I can totally give you the link. :) www.udemy.com/course/novel-self-publishing-and-marketing-masterclass/?referralCode=4D59A9B5BB7B69999003
WHat if someone tries to steal my book on KDP?
How do u have time to write with all this other stuff going on?
Because the majority of it is passive income - meaning I don't actively work on it, they make me money in the background while I write.
You’ll get more money from people watching the entire ad, than those who hit the skip button.
Also, you get slightly more if they click on the ads before/during/after your video.
Good to know
@@BethanyAtazadeh
I would suggest putting an ad placement near the end of your video if you want to increase your revenue.
How did you get a name like Atazadeh? Is your husband Persian?
Cant you just klick on KDP's "Expanded Distribution" and they publish your book in different placed like kobo etc? I think I watched an IGTV the other day from an author explaining that they had problems with ingram spark and that they discovered the expanded distribution button on KDP during their effort to solve their problems with ingram.
Depends on if they’ll let you. I don’t have access to expanded distribution, and there are some limitations from what I understand, but yes it could absolutely be a good solution!
The title is a little misleading. Several of these income streams are not passive.... still, good content.
I heard you couldn’t get affiliate credit for your own books. Is this not true?
I'm not sure honestly... But I don't see why not? It's still a product like everything else?
@@BethanyAtazadeh I know authors do it. But I think there’s something in the fine print about not being allowed too bc it’s like being paid twice for the same product.
It’s generally against the terms of service for the affiliate and the retailer. If you get caught you can get shut down
Wait, are you in MN too? Lol did not click before
How do you make money on CZcams?
I shall start selling drugs just in case
Making money by talking about making money 😆
I have incorporated my publishing co. I supply my isbn. pOD interactive books, eg colouring. How do I get consistency? Accounts with Amazon, B&N, Kobo, iBooks each have their own sizes, papers etc. showcasing my book products on my WP site, would then have to list each seller and differences in product Pod, & I’m guessing, more isbn for each. What to do? I haven’t published yet. Getting all products ready including SERIES OF 36 CHILDRE’S 32 PAGE illustrated books.