General Category > Off topic

My Story as a Seller of Books

<< < (2/11) > >>

jaDEB:
And yes, here comes Mr Negativity  :frustrated:. My daughter studied how to write Short stories, Novel and 1 other course to do with writing. She has written books, and have been in contact with publishers.

Not going to F%$# up your day.

DO IT !!!!

Fawkes85:
Thanks @Nivek. Problem is there are still living costs involved while I give this my undivided attention and don't work. But luckily I got that passive income coming in from the investment I made. As long as I live frugally it should cover most of my big expenses.

@Mr_Dividend they wanted to charge me R5000 to design my book cover. R5000! For something that would take them all of 1 hour at most to put together. I ended up putting together a decent enough looking one myself in less than an hour. For free. So yeah, they can just go ahead and do you know what with themselves.

@Moneypenny yeah I am a millennial. Will be 32 in August but we speak about it in hushed tones only.

@Orca do it. If you then publish it through Kindle Direct Publishing you have nothing to lose but your time. Won't cost you a thing otherwise.

@jaDEB by all means share your thoughts. I might be a millennial but I am not prone to take offence just because the world won't play nice. Any truth you can send my way can only help and prepare me

Update: As mentioned, I moved 7 books that first day(Saturday). So yesterday I promised myself that I wouldn't rest until I moved more than 7 books. Well, midnight came and it showed I only managed 6. I ended up going to bed very disappointed but then when I woke up this morning the graph updated and it showed I actually moved 9 books yesterday! Now, of course, they are still just free copies and I am not earning a single cent for them but still, I managed to achieve what I set out to do. I moved more than 7 books. Gave myself a pat on the back and now let's see if today I can do at least 10.

dividendtycoon:
Interesting story.  It will be interesting to note your progress with selling books. I write for my blog, but would perhaps like to write a book relating to dividend investing, or something in that line. However, my first love is still the actual investing. Do you think if you had rather placed the angel investment in say listed property yielding 10-12% you would be better off? Can you share more about what put you off the JSE, as it can also become a good way of making passive income ie not very time consuming, if you pick shares with high and growing dividend yields.

In my experience I did not reach financial independence quickly from investing on the JSE, but it did work, and now is pretty secure unless I mess too much with the portfolio. I feel people do not give it enough of a chance and rather seek the get rich methods, which usually do not work. I am not criticizing your angel investment, as one learns these things by trial and error, but would be interested if your decisions were based more on your area of interest or if it was more impatience.

Good luck with the publishing empire though, earning royalties would be a great way to live should you succeed.

PlatinumWealth.co.za:
Nice read

Fawkes85:
@Thor187 Thanx

@dividendtycoon You are right. If I were a bit more patient I could have found something better to invest in as an angel investor but my ass was itching and I had to scratch it. It was my mistake but at least I am getting that monthly payment from the guy which will give me a 20% return a year for 2 years. Hell knows what will happen after that. What put me off the JSE was definitely impatience. I was invested in high dividend paying stock but it would have taken me 10-15 years to start making the money I want to make and it was just too long for me. There are just some things I want out of life and I was not going to get them from the JSE. I will go back there one day but only after I have proper money to do it. My long term goal is to actually start a type of holding firm through which I will buy shares in listed companies. If I invest proper money I will get a decent enough dividend return but it was just not going to happen while I was investing the chump change I was investing. For my kind of money, I had no choice but to take on bigger risks and invest in a start-up to have a chance at getting the kind of money I want.

Navigation

[0] Message Index

[#] Next page

[*] Previous page