Build a passive income during this lockdown period

Everyone is experiencing a hard time now. The continuing stay-at home orders, lockdowns, and quarantines due to the pandemic have created immense stress and anxiety among us in many ways. We are clueless how long this situation will last. I know, many people are jobless today, and struggling to meet their ends. Streaming a passive income may help you coping the situation by reducing your stress level as well as earning some pennies into your pocket. There are several ideas you can try. Some may work, some may not.     

If you are someone who enjoys writing, publishing an eBook is the best choice. In this digital age, eBooks are popular among readers because the barrier to buy is lower as for price and consumption. Publishing expenses for eBooks are low compared to print books. You can sell your book to anyone in the world with no shipping cost.

Here are five basic methods you can follow when creating and publishing an e-book

·       Create content for your eBook

First, pick a topic that is relevant and interesting to your audience. Decide your target audience before you begin to write. Keep your content clear and concise. Edit and review your content once it is complete. Now, get an attractive cover design that can draw readers’ attention.

·       Choose a Format for your content

Select the right eBook format to read and understand easier. Several paid and non-paid formatting tools are available online depends upon the type of content and platform someone use. You can even outsource this task to a professional. Get an eye-catching title. Make sure your title should stand out from the rest.

·       Outline your eBook information

 Briefing information such as book title, subtitle, author’s name and bio, book description, keywords etc. will help potential readers find your eBook easier.

·       Set your pricing

Start with a competitive price if you are a new seller. Remember, you can change the price anytime once you gain increased demand for your eBook

·       Promote your eBook

Try all your free marketing channels to promote your book. Use SEO, social media, word -of-mouth etc. for a wide reach.  You can either sell your book from your website or through other sites such as Amazon, Free-eBooks etc.

Ok, that’s all. Now you can go and self-publish an eBook to make a successful streaming passive income. Remember, a passive income can grow your earnings and step up your path to financial freedom. All you need is putting some time and effort in upfront.

References

https://www.moneycrashers.com/write-publish-ebook/

https://www.blurb.com/blog/how-to-self-publish-an-ebook/

https://www.thecreativepenn.com/how-to-self-publish-an-ebook/

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