All language subtitles for 2. How many books do you need to publish to earn amount X-en_US

One question that I receive quite a lot is this one, how much money can I earn with hkt, low content

publishing business?

And of course, I cannot give you the answer, like you're going to make 5000 dollars or you will make

a thousand dollars or perhaps even more than ten thousand dollars.

All of that would, of course, not be reasonable.

But what I can tell you is this there is a certain amount of money that you can make per book, and

there's an unrealistic amount of money that you can make per book.

Now, we'll go over the keyword research right in the next chapter.

You will learn that there are lots of people that earn lots of money with low content books.

But and this is the big problem.

If, for instance, you look at these data and you look at the information that I will show you, and

you might say there are so many people that earn thousands of dollars with their books, I probably

will have a couple of books, especially if I produce like hundreds, if not thousands of books.

There will be a couple of books that will make me tens of thousands of dollars, even if I find that

very, very unrealistic in a lot of cases.

So what's realistic?

I personally think that you're going to end up at around, let's say, four dollars per book per month

if you're doing well.

If your book is, let's say, an average book, you're probably going to be around two dollars per month

per book.

If your book is not performing very well, then maybe it's around, let's say, 50 cents to a dollar

fifty, maybe a dollar per month.

Now, you might be saying, why is that so little?

Well, of course, because we are publishing lots of books.

We might be publishing hundreds, if not thousands of books on Amazon.

And there will be a lot of books that don't sell at all, like no sales at all.

But there will be also a lot of books that will make you perhaps, let's say a hundred dollars per month

or two hundred dollars per month or something like that.

So at the end of the day, when we measure everything else, we will realize that lots of books don't

make money.

Some books make a lot of money.

And when we build a strategy out and this is something that I can tell you already right now, we should

focus on what really works.

So we publish a lot of books.

Then we learn about these niches even more, because, of course, you can look at the data.

But the reality is sometimes looks a lot different than the data that I will show you.

And we then try to focus on what really makes money.

We'll create more of these books and we'll basically scale our earnings through that strategy.

But again, in the beginning, it will take some time for you to earn money.

I assume that when you actually publish, you know, a couple of hundred books over the first couple

of months, that you will end up making some pretty good money.

But again, you're probably not going to make money like hundreds of dollars for every single book.

But rather, what I find to be realistic is something between, let's say, 50 cents to four dollars

per book.

Of course, there might always be people that perform a lot better.

There are always people that perform a lot worse.

But this is what I think is the normal average range.

Now, one thing that I personally like a lot about the low content businesses, and there is something

that probably a lot of you already now figure out in your head is you can actually pretty much calculate

your earnings.

So if, for instance, you say, well, I want to publish a thousand books, you can, and then you

will probably perform perform at around 50 cents per book to four dollars per book.

So you're going to end up with around, let's say, 400, 500 dollars to 4000 dollars altogether if

you have a thousand books.

Again, I can promise you that.

But this is what will happen in most cases.

All right.

There was a talk here for this video, things watching, and I hope we can see each other in the next

one.