Residual earnings are what every creative writer sets out to achieve; passive income from traditionally published book sales, offline and online; royalties that increase year-on-year with multiple editions and reprints.
Add to that PLR (public lending library rental fees) and your residuals burgeon with each new book you succeed in having published.
Do it once; repeat the formula, and you will profit forever after.
But there are other ways to galvanize your residuals...
1. Book clubs
2. Serialization rights
3. Licensing rights
4. Broadcasting rights
5. Merchandising
6. Contributing articles to magazines
7. Speaking engagements
None of these tasks are difficult even if you self publish; it's a matter of
APPLICATION - coupled with patience, persistence and perseverance.
And when you've accomplished all of that, you can turn your hand to converting your traditionally published output into virtual books (you own the author copyright after all) ; marketing them independently on gigantic virtual distribution sources such as Amazon.com and Google Book Search.
Promoting your e-books through Amazon will cost you but the Google Books Search facility is free and provides a raft of useful marketing services; linking to your own website, RSS feeds, and more...
Think about residual earnings this way; you toil and sweat to write your book; you work even harder to get it published, and it although it's fulfilling to see it in print, wouldn't you rather milk your work for all it's worth?
Why Residual Earnings Are What Every Creative Writer Aspires To...
Disclaimer: All information on this site is provided for informational purposes only! By no means is any
information presented herein intended to substitute for the advice provided to you by any health care or other professional
or organization.
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