January Income Report

January sales from my publishing company was very good, better then I expected actually!
I expected sales to go down since December is a high month in any business that deals with selling stuff to people. I did manage to grow a little bit more in January which was awesome!

January Numbers:
Kindle Unlimited Pages read (KENP): 228k (+17.7%)
Paid Units: 1251 (+14.1%)
Createspace sales: 139 (-21.8%)
Most Units Sold in a day: 139
Least Units Sold in a day: 27
Average Units Sold in a day: 41.7
Total sales: $4364 (+14.7%)

My Goals For 2016

So we are 10 days in to 2016 and it’s time for me to put my goals out for 2016.
In 2016 I really want to focus on growing my business, my business is my life at this point. So let’s get to it!

Business Goals:
1. Make 1 000 000 SEK (Swedish millionaire, would be $120k).
2. Expand my publishing business, growing at least 2 more authority pen names.
3. Publish 60 new books (which would be 5 per month).
4. Build at least 1 more income stream. My kindle business is my main focus, but I also want to build another income stream (Ecommerce, Affilliate etc) on the side so I don’t have to relay on only Amazon.

Personal Goals:
1. Become a digital nomad, leaving Sweden behind and just travel while working from my laptop.
2. Wake up earlier, get a better routine which would lead to better work ethic.

 

I’m not a fan of making to many goals. I usually have a hard time to live up to them so these goals should do it.
The biggest goal for me by far is to make the one million sek. I remember that I said to myself and my family that I would become a swedish (sek) millionaire before I was 25 and a dollar millionaire before I was 30. This was before I had any plan or anything going on. I turn 23 this month and it would be really cool to crush my 25 year old goal already.

In order for me to reach that $120k goal this year I would need to average $10k a month. In December I almost made $4k so I really need to step up this year for it to be possible, and it’s really important that I can publish 5 selling books every month if I want to reach my goal. If I can reach $10k per month by April or May, I think It’s very possible for me to reach the $120k. My biggest challenge there is that at this point, I only really got one good pen name that is making me most of my money. And I can’t publish 60 books under that pen name and that niche during this year because that would make it look spammy as well as I would only compeat with myself about the limited spots on the bestsellers lists.  So that’s where my goal about building two other authority pen names comes in the picture. I need to expand to different niches and take up market share there too.

Let’s crush 2016!

December 2015 Income Report

December was yet again a new record month for my business success. Which was expected with the holiday sales. I crushed the $3000 sales mark that I was hoping for in December with big margins so I’m really happy with the month and I got some big plans for January. I also released my 20th book the 31st! Not bad to make this amount of money with just 20 books huh? Non of them are even on ACX yet! But that will change soon as I’m creating an Audiobook version of all my books that hopefully will sell good, I think most of my books are in a great niche for this market.

The percentage means how much the increase was from the previous month.

December Numbers:
Kindle Unlimited Pages read (KENP): 191k (+85%)
Paid Units: 1086 (+7.2%)
Createspace sales: 173 (+54.5%)
Most Units Sold in a day: 72
Least Units Sold in a day: 18
Average Units Sold in a day: 35
Total sales: $3764 (+53.4%)

I will write a bigger post about my January and 2016 goals soon!

How To Join ACX (Audible Audiobooks) As a Foreigner

Isn’t it just a punch in the stomach when you see this money making opportunity but you can’t take it because you don’t live in a certain country?
You got all your books up on Amazon Kindle and Createspace for paperbacks but you can’t get your audiobooks up on Amazon because you don’t live in the US or UK.

THERE IS A SOLUTION!

I used to think that you needed to live in the US or the UK to be able to get your books up on ACX (Audible). Well, if you read more closely on ACX, they say that you actually just need an address in the US to be able to sign up.

So This Is What You Do

Head over to this website called Traveling Mailbox. Traveling Mailbox is a great service that will set you up with a mailbox in the US, and it only costs $15 a month, and what’s so great with this service compared to others is that they will scan the mails you get and send them to you by email which makes it cheaper than other services that just reship your mail.

It takes less than a minute to sign up and there you go, you have your US mail address. If you log on to Traveling Mailbox you will find your address. Then when you get a mail you can easily make Traveling Mailbox to reship it or to scan it for you and get the mail in your email inbox.

Now you can sign up to ACX without any problem!

Just Kidding, There Is One More Problem We Need To Solve

Once you have your ACX account, it’s time to put in your bank details… that’s when they tell you that you need to have a US Bank Account. But no worries! We can solve this too in just 2 minutes!

Head over to Payoneer and make an account, it’s free.  If you use my link you will get a $25 FREE BONUS from Payoneer when you receive your first $100 on Payoneer. Not bad huh?
Payoneer is a huge company that basically gives you a virtual bank account, much like PayPal or Skrill.

Log in to your Payoneer account and click on Receive > US Payment Service like the image below shows you.

payoneer

On that page you can see your US bank details and you just head over to ACX and fill in the same thing.
Done!
The money that you now make on ACX will be paid to your Payoneer account. And if you setup your Payoneer account you can also make Payoneer pay the money directly to your local bank account.

And don’t forget to sign up with Payoneer with my link so you get those free $25!

November 2015 Income Report

November was my best month so far since I started my book publishing business on Kindle.
One of my new releases reached a bestsellers rank of 2200 in the paid store which was a new record for me. I’m very happy to see that every new book I release reach a better and faster peak than the one before that.

November Numbers:
Kindle Unlimited Pages read (KENP): 103K
Paid Units: 1013
Createspace sales: 112
Most Units Sold in a day: 119
Least Units Sold in a day: 16
Average Units Sold in a day: 33.76
Total sales: $2454

December Plans:

I don’t really like to set income goals for the months ahead. I think it’s a thing from when I used to play poker for a living, it’s out of your control how much you will sell, just like it’s out of your control how much you will win while playing poker. Sure you can put extra efforts in to try make more sales, put more books online, buy advertising etc, but at the end of the day, it’s the market that decides how much you will sell. All you should focus on is do your best and put out more volume, more grind, aka more books.

With that said, I would like to make $3000. But again, that’s up to the buyers to decide, some months are better than others, we will see! The most important goal for me is to put up at least 4 more books before December ends, making my total book count 20. I also ordered 3 fiction books and I expect to have at least two of them done before December ends. I haven’t really tried fiction before, so I’m excited to see if I can make it work. If I do, I’m sure I can increase my profits ahead since it’s easier to produce fiction and it’s cheaper to hire a fiction writer.

I’m also in the thinking process of creating a Kindle Marketing Course for more advanced publishers that already got the basics figured out. I see people everyday asking questions on how to get more sales, getting review etc. I know for a fact that VERY few kindle puublishers does what I do when it comes to marketing and promotion. I’ve taken a few courses when I started out to help me get to where I am today, but non of them really teached how to market and keep sales going over the long run. I had to figure that stuff out of my own.

I’m also thinking of opening up a Kindle Coaching Service. I’m getting questions almost everyday from people who have seen some of my informative posts in different Kindle forums and groups. I do love to teach things that I know, so I will definitelly start a service like this up sooner or later.

That’s all for now,
Cya!