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4/17/24 Monetize Your Book Tip 3: How ELF Do You Want It?
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Hi, Reader! Yesterday I asked how fast you need to turn your book into money. Today I'm providing a few more filters for your consideration. Tip 3: How easy, lucrative, and fun (ELF) do you want your income stream to be? How ELF could they be? You probably don’t want to just earn money; you might want to earn money in an easy way, that is lucrative, and also fun. Allow me to expand on these a bit:
What shows up on all three lists? I have several income streams that are ELF, here are three of my current favorites: writing, hosting a mastermind, and creating custom books. You already have an area of expertise that is easy (maybe even effortless) for you to do, could be a boon to your bottom line, that you also enjoy immensely. Why wouldn't you want to do that? Or more of that? Developing a new income stream that feels like child's play, profitable, and pleasant is possible--in fact, you can have several. (I promise this is the truth.) What comes easy to you is hard for someone else. Hey, I'm not an accountant--so I do not charge for math! I pay others well to handle that for me, with gratitude. For today, just identify some possibilities, and I'll be back with you tomorrow. Honorée Corder Too many emails in your inbox? You can still get all of my content in just one email—the Saturday Recap has you covered. If that would work better for you, opt-in here. |
Hi! I'm Honorée Corder, Publishing Strategist, Author, Mastermind Host.
Sign up here to get my newsletter where I provide insight, tools, and information (plus a bit of inspiration) about how to craft, write, publish, launch, market and monetize your books--and build an empire! Once signing up, you will have the option to receive the daily emails or the weekly recap email. (You can unsubscribe at any time.)
Monetize Your Book, Tip 19 Hi, Reader! Real quick: On today's Thursday's LIVE at 10 am CT/11 am ET, Lucas and I will chat about The Power of Short and Mini Books. Once you've got those basics down pat (Tip 18), you'll want to move onto Tip 19: your income stream's Processes and Procedures. These are the Big 3 (a.k.a., the very least of what you need to get started). You can at least engage a client with these in place (and increase the likelihood you will), and as time goes on, you'll...
Monetize Your Book, Tip 18 Hi, Reader! If you've gained clarity about an income stream you want to build, you’re probably ready to get started building it. It is really fun to feel the rush of excitement when I've vetted a new idea. But wait one. Let's ensure your income stream eventually become just that: recurring revenue to your bottom line. Tip 18: Income Stream Basics is designed to help you master the basics. Otherwise known as the fundamentals, you've gotta have these down cold. They...
Monetize Your Book, Tip 17 Hi, Reader! I hope you've taken a pause and answered the questions presented over the past week. Now it's time (drumroll, please) to begin our multi-day conversation about the income streams themselves. Book Tip 17: Income Streams Galore! means just that--there is an infinite number of ways you can monetize your book. In fact, each income stream has infinite possibilities! While I cover each income stream in detail in You Must Monetize Your Book, and provide assets...