hey guys Stefan here from project life
master comm in this Kindle Q&A video I
wanna answer another very common
question that I get which is can you
still make money with Kindle publishing
and it's Kindle publishing saturated now
this is a question honestly I've been
getting since 2013 in fact when I first
and as coaching Kindle publishing for
like a year before that when I first
launched it there's people out there
that were saying you can't make money
with Kindle you know they just believed
that it was saturated it's too
competitive
there's too many books out there and
whatnot and they kind of like argued
against the course that I was putting
out there at the time now the crazy
thing is that was back in 2013 and from
2013 to today 2015 August I've seen
incredible results with Kindle
publishing I've seen people that have
blown my mind and shattered my own
beliefs of what's possible with making
money with Kindle you know we have
members of K money mastery they have
gone beyond $10,000 a month twenty
thousand dollars a month thirty thousand
dollars a month when I see those results
and I get you know you get emails you
get messages you you meet people at
seminars that tell you and share their
success with you you're getting success
stories it blows my mind it really
provides a lot of evidence to believe
that you can make a lot of money from
this now I understand that you know you
something that's watching this might not
have the same belief in it than I do
because I'm the person that created this
program and I have members and people
that have bought it and I'm the one
that's interacting with them during the
stories and everything so I try to share
some of them and I asked some members
you know can I interview you you want to
be featured on the YouTube channel and
stuff and if you have and you can look
back you know over the last few months
I've been you know I've interviewed
members they share their success on my
youtube channel inside my K money
mastery program we've interviewed people
there's members that are inside the
Facebook group that shared their results
their successes and there's a lot of
people they just want to be anonymous as
well and they get great results they
don't want to share it but as I
mentioned before you know right now more
Kindle publishers are making more money
than ever before at any other point in
human history you know the Kindle
publishing platform has grown massively
if you watch the video blog I did on the
future of Kindle publishing
you'll see my thoughts and my beliefs
about what I believe the future of
Kindle is but really the trend of Kindle
publishing is this thin like massive you
know the world is making that transition
Amazon is very aggressive in marketing
Kindle and so there's more and more
customers and readers and just people
out there that are making the transition
to buying on Amazon buying Kindle books
from their Kindle readers and whatnot so
it's a growing trend now the question of
is it saturated or is it competitive
really I mean the answer is yes it is
competitive but it's not saturated one
thing you have to understand is that
every opportunity out there to make
money will always be competitive there's
no secret niche or market out there that
nobody knows about and that you're gonna
find and publish a book in and make a
lot of money from because even if you
find a niche or market that is very
profitable that doesn't have any
competition what will often happen is
you might publish in that market but you
know sure enough it's inevitable that
other people will discover that discover
that profitable market and start
publishing and competing in it as well
you know that just is something that
that is just a given to happen so what I
found is that you can't really have them
the mentality and be worried about
competition I actually believe that
competition is a good thing when I look
for a market to publish a Kindle book in
I always look to make sure that there's
competition because if there's
competition what I can do is I can look
to see whether or not books are selling
in that market I can look at the compete
competing books and look at their Amazon
bestseller ranking and I can tell just
by looking at that in the price how much
money they're making you know I know
books you know I can look and see if a
book is making $100 a month or $1,000 a
month or you know ten dollars a month or
$10,000 a month you know just by looking
at the competition I can look to see if
there's several books that are competing
that are all making a lot of money and
so that gives me confidence that gives
me validation to enter into that market
because it's validating that there's
money flowing in the market it's
validating that there's money to be made
there and then it's a big enough market
and it's profitable now some markets it
doesn't really matter how many books are
published in the market I never worry
about that at all it's just
like in Google or YouTube right if you
do a search on YouTube for a keyword
let's say meditation you search for that
on you know Google or YouTube or
whatever that's probably going to be
thousands or millions of results that
show up now the fact there's a million
results that show up for that keyword
doesn't mean that it's necessarily too
competitive because you know though that
basically just means that there's a lot
of websites and pages or YouTube videos
or Kindle books that are relevant to
that keyword phrase okay
what's more important is a strength of
the competition okay so I don't care how
many books are published in the market
that means nothing to me what matters to
me is how many reviews those top books
have because you know if there's a
market that you want to publish a book
in and all the top books have over a
hundred or 200 or 300 reviews yeah
that's going to be very challenging and
compete with you know that's you know
you can make money from that but it's
going to be a lot of work for you to get
that many reviews to compete with that
person and to build up your book etc
okay so there's markets like that that I
tend to stay away from especially if
you're a beginner and starting out but
as you get more experienced you actually
want to go after some of those bigger
markets because some of those bigger
markets you can make thousands and
thousands of dollars from your Kindle
books so if you are experienced and
you're more advanced and yeah go after
those markets you know focus on building
a great book in that market if it's
gonna make you a couple thousand dollars
a month why not uh but the case is
there's a lot of really really weak
markets on Kindle uh you know there's
there's a lot of books published in
almost every profitable market but it's
a lot of markets out there where the
competing books got 10 20 30 40 50
amazon reviews and you know even then
people are like oh my god you know 40 or
50 amazon reviews that's too much work
that's too challenging well it I mean it
is work you know and that's I think one
thing you have to understand you know
Kindle publishing is not a get rich
quick scheme earning like that there's
none there's none out there there's no
way just that magically get-rich-quick
you know everything requires work effort
and focus you know so if you're focused
enough and you're willing to actually
commit yourself then you can compete in
almost any market on Kindle Amazon but I
think the challenge is a lot of people
are looking to do the bare minimum
they're not willing to put in work and
sure enough you know
I believe if you're not willing to work
and commit yourself to something and be
consistent with it and there's really no
chance for you to ever be successful
because I don't know of anything out
there that doesn't require work effort
and commitment and focus you know that's
just that the fundamentals of success
are the same you know the crazy thing is
out of everything that I've ever come
across to make money online
Kindle has been the easiest and fastest
out of anything I've ever done you know
to build a YouTube channel what I've
done here to make money build a brand
that's a several-year project you know
to actually start making money from a
YouTube channel you know or at least
maybe six months to a year when you're
starting but to build it what I've done
I've been doing this since 2012 building
a blog several months six months to a
year process before you can expect to
start making money from it building
information products like K money
mastery launching and selling those
that's a couple years honestly to learn
that whole process of what I'm doing
because I'm still learning a lot and I'm
already pretty advanced now it's pretty
advanced before I even started that so
when you look at all the other ways to
making money online compared to Kindle
Kindle is like super easy in fact if you
can't make money with Kindle then good
luck trying to make money with digital
products with affiliate marketing with
all that other stuff as well you know if
you can't do with Kindle III I don't
know what to say discuss Kindle honestly
again it's it's like very very simple
and straightforward that newbies like we
have members of our course that are 16
years old that are making a couple
thousand dollars a month which blows my
mind we have people that are like 70
years old that are making money with
Kindle publishing as well so that's
that's how easy it is but it's easy but
it's also work okay so I want you to
understand this well I don't want to
make it seem like you know again you can
just snap your fingers and make money
with it everything requires work uh you
know so it is easy if you're just
willing to put in the work over the next
few months and I guess the easy part is
also relative to other things out there
you might not perceive it as easy I'm
not sure but I I perceive it as easy
because I've been involved in several
internet businesses and everything else
that I've done compared to Kindle is
like super super easy so that's just my
perception on it as well so
so again just to answer that question
yes the evidence the proof is there
there's a lot of money to be made on
Kindle that will never end there's more
and more people customers people
spending money on Amazon on Kindle it's
just a matter of again are you willing
to commit yourself to it are you willing
to put in work are you willing to
outrank your competitors are you willing
to get Amazon reviews are you willing to
to market your book and actually do
things the right way a way that's going
to be sustainable over the long term if
you are willing to do that then yes you
can make a lot of money and the people
that are making a lot of money that's
what they've done they've committed
themselves to it they've worked hard
they've you know gotten mentors and
training and learn invested in
themselves they take action with it they
treat it as a business and sure enough
they get great results if you're looking
just to get into Kindle you think you're
just going to get rich quick you're
going to have to not do much work at all
and you know just find some secret on no
markets that nobody knows about then
yeah you know then it's probably too
competitive or too saturated for you and
you're not going to have success with it
so this is a business you know just like
anything out there and this is a
business and online business it has the
potential to change your life if you're
willing to put in the work and just like
anything out there the more you're
willing to put into it the more you'll
get out of it so I always kind of laugh
whenever I hear that because I just
think it's just the wrong level of
thinking competition is a good thing it
proves and shows you that there's money
to be made that there's a market out
there and honestly when you have the
right mentality you never worry about
competition because you believe in
yourself you believe in what you're
capable of you're believed in your
system your process and what you're
doing and you're doing things is a right
Rick what right way that's sustainable I
never worry about competition with my
blog my youtube channel my Kindle course
any of that stuff because I know what I
put out there is good I believe myself
my ability to market my ability to sell
my ability to adapt and learn and grow
and I think if you have those core
fundamentals in yourself and you're
always improving yourself through
self-development everything then you'll
always stay on top so that's my belief
system on that hopefully this is helped
you in some way if you want to learn
more just go to K money mastery
to learn more about my Kindle publishing
course make sure to subscribe to this
video as well for more great videos like
this and thanks and I'll see in the next
video
you
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