hey guys Stefan here from
projectlifemastery.com so I recently
me whether or not they should pursue
Kindle publishing or Amazon FBA
fulfillment by Amazon then both seem
like great opportunities there
considering whether or not they should
invest in K money mastery my Kindle
publishing course where if they should
get started with the amazing selling
machine and it's a really great question
and I've already kind of share this
answer in a few times before but I want
to go over the pros and cons of both
because I believe that there's
advantages and disadvantages to both
business models and ideally with where
you're at you might choose one over the
other or you might want to do both I
know a lot of people that are doing both
and doing really well because Kindle
publishing is more of a shorter term
immediate source of income whereas
Amazon FBA is a more of a longer-term
source of income but has much higher
potential so first let's go over at
Kindle publishing I've said this for
years ever since I discovered it back in
2012 that Kindle publishing is the
easiest fastest way to get started
making money online period there's no
faster way that I've ever known of that
you can start making passive income
online where there's not much of a
learning curve you don't need to like no
technical computer stuff or online
marketing any of that sort of stuff that
basically you know my grandma can do it
or a 17 year old kid can do it and be
successful at it it's also the type of
business that doesn't require much
overhead you know if you follow the
method that I teach in the K money
mastery you can pay writers to write
your book for less than a hundred
dollars and you know these are
relatively short books that are about 30
pages long that are specific in a
certain niche or market such as maybe a
meditation for beginners how to guide
you know just basically teaches
meditation and you could sell for about
$3 or something like that so the the
cost to create the book is very
inexpensive less than a hundred dollars
you can get your book covers done for $5
on websites like Fiverr com
you know it's just not much overhead
involved in order for you to start
making money and you can literally
publish a book today
and tomorrow start making money from it
you know KDP Kindle direct publishing
they'll publish her book in less than 24
hours once your book is live it can
start selling to making money and I have
a lot of books at the moment that I
publish it start selling even if it
doesn't have any Amazon reviews so I
don't know a lot of ways making money
online where you can literally make
money that fast okay now with Kindle
publishing it's not a business model
where you're gonna make a million
dollars from okay
maybe I'm wrong I know some people are
making up to twenty thousand dollars per
month from Kindle publishing so I mean
they eventually are gonna get there and
everything but the scalability of it is
a little bit more challenging because
Kindle books you know a lot of them
aren't gonna produce thousands of
dollars per month I've had two Kindle
books that have sold over a thousand
dollars a month passive income for me
but I don't know very many that are
gonna be making ten thousand dollars a
month or a hundred thousand dollars a
month or more in order for you to scale
up with Kindle you need to publish more
and more books okay
so there's nothing wrong with that you
know if you want to publish more books
and the thing with Kindle publishing as
well that I've learned is that you know
a lot of people they don't even care
about making millions of dollars right
they don't care about that at least not
right now a lot of people would just be
happy making it an extra thousand
dollars a month or an extra five
thousand dollars a month or ten thousand
dollars a month for a lot of people that
would change their life I mean it could
mean that they can quit their jobs that
they could pursue their passions that
could have financial freedom and that's
kind of how I always approach Kindle
publishing when I got into it back in
2012 is my whole goal was just to make
enough money so I can quit my job so I
didn't have to worry about money anymore
so that I had the freedom now to pursue
my passion which is my blog in my
youtube channel which is essentially
something that I you know I knew I
wasn't gonna make much money from
blogging because it takes months before
you can make money from a blog so I just
used Kindle publishing as a vehicle for
me to be able to be financially free
just to make a couple thousand dollars
per month i scaled it up to around eight
thousand dollars a month and I was happy
with that and I'm happy with that a
number because I'm running four or five
of their businesses that I'm more
passionate about than Kindle you don't
need to be passionate about Kindle
publishing to do it you know a lot of
people have jobs that they're not
passion
it's okay you're just doing it to make
money to support yourself so that you
can maybe pursue whatever your passion
is okay so that's what I've found to be
the biggest benefit of Kindle publishing
it's easy it's fast there's not much of
expense involved and you can make a
couple thousand dollars a month
relatively easily I've got so many
people now that are in K money mastery
that post in the Facebook groups that we
have sharing the results sharing how
well they're doing regular people that
have quit their jobs don't know any of
this internet marketing stuff then
they've been able to do really really
well which is just really amazing to me
so that's what I love about Kindle
publishing I recommend if money's tight
for you do Kindle publishing if you're
brand new to internet marketing do
Kindle publishing I think everybody
should do Kindle publishing just because
it's again it's just such an easy way to
make money that can cover your expenses
your lifestyle and give you the freedom
to pursue whatever business or passion
that you might have in your life
okay so Kindle publishing is great I
love it 100% endorse it not just because
I have a course on it because it's
amazing okay it's like it really is a
life-changing opportunity for people
that get involved in it and the people
that I've met you just had a Kindle
mastermind here we had people fly in
from Australia Japan Florida San
Francisco Ontario Canada that flew in
here that I've been through K money
mastery that are making thousands of
dollars a month and like I I'm just
constantly reinforced by how successful
Kindle publishing is for people because
I'm meeting people all the time and
they're messaging me all the time as
well okay okay enough look in the plugs
yeah I actually am very passionate about
can the but Kindle publishing as you can
tell but Amazon FBA Amazon FBA it's a
little bit harder okay I'm not gonna lie
it is harder there is more expense
involved with it but there's way more
potential okay
the potential of Amazon FBA is there's
people that I know people have met at
the amazing selling machine live event
people in the amazing sellers machine
Facebook group and they have thousands
of members posting their screenshots
showing their results there's people
there making hundreds of thousand
dollars per month selling their products
in Amazon and I've even seen people are
making over
dollars a month okay they actually post
their screenshots the results they're a
part of this community and this this
this group okay so it's an opportunity
where you you can get be very very
wealthy okay you can make I mean become
a multi-millionaire with this business
model Kindle publishing not as much not
as likely maybe I would say it's not
possible but with Amazon FBA higher
chance to make millions of dollars more
of a market just more potential Matt
regard on Amazon you can sell your
products for a much higher price point
Kindle publishing you're kind of limited
to selling your Kindle books at $2.99
and everything maybe you do create space
and audible as well you can solve for
higher price points but Amazon FBA
higher profit margins higher price
points more potential it's a fun
business I've really enjoyed it a lot
I'm very passionate about it as well
you're building a brand you're building
like an actual real business you know
because it's more of a physical type
business as well could be more
sustainable as well but the downside of
it again is the cost depending on what
kind of product that you want to sell
might cost you more money than others it
takes while took me a few months for me
to launch and sell my product and you
know and it's just a little bit a little
bit harder but if you have a good
training program like the amazing
selling machine it becomes very easy it
would have been very hard for me to sell
on Amazon if I didn't have the amazing
selling machine and I've been doing
online marketing for years I've been in
business for years those things are an
advantage to me and whatever business
opportunity that I pursue but with
Amazon FBA I mean there's just so many
more logistics involved that there are
times I was frustrated and if I didn't
have the amazing selling machine
training program and the community and
the mentors they have in the Facebook
group and the forum then I would have
been lost you know I put money you've
even given up in the process so the
community all that they have makes it a
lot easier but it is a little bit more
harder than Kindle publishing okay so
those are the pros and advantages pros
and cons rather of both now I recommend
if you have the opportunity to to do
both if you can and a perfect example of
this is my girl
friend my girlfriend's in her early 20s
she has a job at the bank she doesn't
have a lot of money or anything like
that I haven't given her money or
anything like that she's she's basically
pursued both at the same time okay and
had success with both she actually first
started with Kindle actually when were
in Brazil last year basically she named
into a K money mastery I just kind of
showed her things on my computer and
stuff and she started publishing Kindle
books crazy thing is she did it all
without a computer she just used her
iPad and her iPhone and started
publishing Kindle books and outsourced
this and that and I think she used her
mom's computer at a few occasions which
was like the slowest computer in the
world and she was able to make a couple
hundred dollars a month from Kindle
publishing relatively quick and she also
started with the amazing selling machine
at the same time as myself as well
selling on Amazon and while she was
waiting for her inventory on Amazon and
going through that process on the side
she was working on her Kindle books
while she was waiting for her Kindle
books you know the writers to read her
books all that stuff she was working on
R Amazon product so she was able to do
both simultaneously and the great thing
is she really proved that you don't need
a lot of money to do this um her product
she was able to get from China thousand
units and I think they manufactured for
like 60 cents per unit in the the
packaging and everything as well so for
a thousand units that she bought it cost
her less than a thousand dollars it cost
her I don't know if it was sixty cents
and got a thousand units about six
hundred dollars and then just the
shipping cost and she decided to send it
by plane which is faster but more
expensive you could even ship by boat
from China and it's actually cheaper and
I use 99 designs for my labeling and
packaging but she found someone on oDesk
and got it way cheaper so it really
proved to me that you don't need a lot
of money you know someone in their early
20s that works part time at a bank goes
to school as well you know is able to do
this
anybody can do it so money doesn't have
to be a barrier for you and I know
people even enough coach now that have
ordered you know their inventory of 300
units I know a lot of people who don't
have a lot of money that are able to do
this and be successful at it as well so
money doesn't have to hold you back from
it but I
say if you have the opportunity to do
both the Kindle publishing will be the
immediate source of income that you'll
make a couple thousand dollars a month
from build that up but at the same time
build up the Amazon Amazon it's gonna
take a little bit longer but you can do
it on the side I've managed to do the
Amazon FBA on the side I'm running four
to five other businesses for me it's
just like a lower thing on the priority
list I've just been doing on the side
pursuing and I've been able to have good
success at so you can definitely do both
but if you want to pick one just base it
on on whatever your goal is you know if
your goal is to quit your job make
immediate money Kindle publishing if
you're going after you want to make
millions of dollars and the bigger prize
some potential then go after Amazon okay
so hopefully that answers how the
question that I received
I just think Amazon is just the greatest
opportunity that people have to make
money online there is making it so easy
for anyone the regular person to start
an internet business and I think it's
just an incredible wave for for
everybody to jump in on just a great
opportunity it's really changing
people's lives because Amazon is not
going away they're taken over the world
in terms of you know online retail and
buying online so I just think is it such
a great opportunity and I'm very happy
to be involved with Amazon I think
they're a great company and there's so
many other ways to make money online but
I'm gonna stick with Kindle and Amazon
for now just because I already have so
much expertise in it and it is working
for me really well so hopefully this
video has helped you out thank you so
much for watching I'll see you in the
next video
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