How Much My Book Income Stream Made for June 2023 (Self-Published Books)

As a self-published author dedicated to sharing the ins and outs of the trade, I'm thrilled to give you a sneak peek into the rollercoaster ride that was my book income stream in June this year.

• Surpassing the $4,000 Mark: Against my initial uncertainty, June proved to be a phenomenal month, crossing the $4,000 milestone. However, a surprising twist awaited as price increases on the 20th impacted royalties more than I anticipated.

• Book Publishing Journey: Over the past year and a half, I've poured my heart into self-publishing, bringing a whopping 470 books to the market. With an ambitious goal of hitting 500 by 2024, the journey has been both challenging and rewarding.

• Ad Spend Dilemma: Adapting to the evolving landscape, my ad spend for book promotions escalated to $2,200. Concerns about diminishing profitability sparked a contemplation of pivoting towards more organic approaches or diverting ad spend to courses and coaching.

• The Bottom Line: After subtracting ad spend from royalties, my net income for June settled at $1,700. While I'm grateful for the growth, I'm on a mission to maximize profitability and optimize ad campaigns.

• International Expansion: To broaden horizons, I'm considering tapping into international markets. Learning from past experiences, I plan to focus on top-performing books in targeted regions, ensuring a strategic and profitable approach.

As I work diligently to fine-tune my strategies, I'm inviting you to join me on this journey. For those curious about the nitty-gritty of running ads and optimizing self-publishing ventures, stay tuned for upcoming tutorials and over-the-shoulder trainings.

In the meantime, drop your thoughts in the comments, and don't forget to check out the recommended video for more insights. Your support means the world, and I can't wait to share more of this exciting adventure with you. Stay tuned, and happy reading!