How to Make Passive Income with an E-Book 🥳

Share your expertise by writing and selling e-books on platforms like Amazon Kindle Direct Publishing (KDP) or Gumroad. Choose topics that solve problems, such as "How to Budget for Beginners" or "Healthy Recipes for Busy People." With proper formatting and marketing, you can earn royalties for years. Writing an e-book requires upfront effort but offers long-term passive income.

Potential Earnings:

$300–$5,000/month, depending on sales.

Required Skills:

Writing, formatting, and marketing skills.

Steps to Follow:

• Step 1: Choose a topic that solves a specific problem or addresses a niche market.
• Step 2: Outline your e-book and set daily writing goals.
• Step 3: Format your book professionally using tools like Canva or Scrivener.
• Step 4: Publish on platforms like Amazon KDP or Gumroad.
• Step 5: Write a compelling book description and optimize it with keywords for better visibility.
• Step 6: Market your e-book through social media, email newsletters, or a personal blog.
• Step 7: Update your book occasionally based on feedback to maintain relevance.

Time Commitment:

20–50 hours upfront; minimal after launch.