Book Income Stream Strategies I Use (May 2023 Income Report)

I'm excited to share a sneak peek into my May 2023 income report. If you're diving into the world of Amazon KDP or looking for ways to boost your book income stream, you're in the right place. Here's a quick rundown of what went down:

1. Lifetime Milestone on Amazon KDP: I've reached a lifetime earning of $62,000 on Amazon KDP over 513 days. Yes, you read that right! Starting with low-content books in January, I've published a whopping 469 books, though 150 have faced some hurdles.

2. May Earnings and Best Seller Rank (BSR): In May, my earnings touched $4,666.88, with a surprising twist in my Best Seller Rank – hitting a low of 29,000. It's proof that success doesn't always mean breaking into the top 1,000.

3. Adventures in Ad Spending: I delved into the world of ads, spending $1,283.79 in May. However, April's payment hiccup led me to rethink my ad strategy. I'm torn between optimizing for lower spending or testing the waters with a higher budget. What are your thoughts?

4. Diversification Pays Off: Diversification has been my mantra. Beyond KDP, my income sources include courses, coaching, affiliate commissions, and joint ventures. Lesson learned: never put all your eggs in one basket!

5. Future Ventures and Q4 Prep: Looking ahead, I'm gearing up for Q4 with a focus on activity books. Join me in exploring AI and automation in my upcoming master class. Plus, my attorney and I are teaming up to provide insights into copyright and quality in the publishing world.

If you're curious about my journey or have burning questions about your own book income stream, drop them in the comments. Let's navigate this adventure together! And remember, 2023 is all about diversification – because a stable income brings peace of mind.