Books can make you a lot of money, but not in the way that most people think.
Most people believe authors get their main source of income from their book royalties.
While some authors make full-time incomes just from those royalties, book royalties are just the tip of the iceberg.
There are three core ways for making money with your book:
- Book royalties (we knew this already)
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Leveraging your book to become an authority in your niche. This allows you to charge premium prices, offer more services, and get on more stages
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Using the words inside your book to make more revenue
I go into greater detail about this system in my book The Wealthy Author. If you’re interested, you can grab your copy here.
I hope you enjoy the video.
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