So my story is that I've been fumbling around with trying to build a passive online income business for the past 2 years or so with the eventual goal to replace (note: I work a fulltime 9-5 job)
I'm new to this whole thing, so I just tried releasing ebooks and found some (but limited) success selling them on various platforms like Amazon, Google...etc (~averaging only around $300 per month). The thing about ebooks is that there's a formula to it. I've found that it's really a numbers game and that the more books I release, the more my revenue increases. The problem is that scaling this is so slow. I'm reaching 60 ebooks now but only have a few hundred in profit per month. I guess I could try outsourcing the whole process, but I don't much money to spend on that. I also tried creating an online course around one of the ebooks and selling them on Udemy and Teachable...etc but again...no traffic.
I've also been building out a website centered around the same niches as my ebooks and trying to sell my ebooks there, but getting traffic to my site is hard. Simultaneously, I'm trying to build my email list through that website, but signups are not organic. I have to mass post my blog articles everywhere. Right now I only got like 300 people on my email list.
I'm just not sure what to do next. as I'm sorta hitting the 2 year mark. I understand there are no shortcuts to online business success but I'm wondering if I need to work smarter, not just harder. I'm wondering if I should just keep cranking out more and more ebooks and slowly increasing the profit that way.. Or maybe I should start trying other things like affiliate marketing, amazon FBA...etc? Kind of rambling but would be great to hear some thoughts.