For Kindle passive income, how much work and money is involved?

Speak to this guy.

http://www.warriorforum.com/members/mvalmont.html

Send him a PM- he is going to end up responding to this thread sometime this week.

This probably isn't the answer you want to hear but...

It usually takes a lot of investment (work or money) to see substantial results, like anything else.

Don't get me wrong, some people see good results from the start but most successful Kindle publishers had to put in a LOT of effort (or money) to get where they are today - the "passive" part only happens after the initial effort.

I'm not saying this to discourage you; on the contrary, I think Kindle publishing is fantastic.

But most people underestimate the kind of sacrifice it takes to build a real business with it.

Just giving you a heads-up.

Regards,
Daniel

Kindle can be a hit and miss. It's like music, for every Lady Gaga out there, there's a 1000 Joe Schmos that no one ever hears about. As long as you can keep the costs really down and don't mind losing time to create and promote your work, it's worth the risk then.

From my experience, here's how you should budget your labor for optimal results on Kindle

45% niche research (includes reverse engineering/kw research - This also helps you with the process of writing your book)

45% book production (writing / research / analysis / proofreading / getting a 2nd opinion / cover analysis and design)

10% author outreach (most Kindle publishers overlook this... that's why most are struggling)

You can automate any business and turn it into a passive business - even an offline business. But every business has different entrance barriers and needs different investments.

The nice thing about Kindle is that the entrance barriers are extremly low (even a housewife can do this). You can start with no investments (except of your time), you don't need special skills, and you can count on one hand what it needs to be successful with this (niche, keywords, price, cover design, writing, formatting etc.) You can automate every process easily with the time BUT you have to know every process because your employees are just the executive power.

So >>I don’t plan to write the stuff myself.<< is not the right mindset if you've never published a book.

Another point: >>[...] researching many different passive income models. Email-based sales funnels<<

A funnel is based on a business with your products/services or foreign products/services but the funnel itself is not a business. You could compare eBooks with websites but you can't compare eBooks with Email funnels. You can start a website or create an eBook and take your customers into your list to sell them anything. But you can't start with the list because a funnel is not a business but just another strategie to scale your business and create another passive income stream.

If you have facebook account then you can sale your kindle products on facebook. This is a big network and you can find many buyers from fb. So try your luck.

Yes Kindle publishing can be a nice business, but it is not fast or autopilot as you can think.

You need to invest time and money into it, like every other business. If someone will build the business for you then you must invest big $$$$$$

Kindle publishing is a good business, initial days can be tough. A good plan would be concentrate on the niche, books content and the cover.

I have seen people offering the book free for the first few days to gain reviews and sell at a standard price point. Good luck with your efforts.

What you want to do if you want to make a lot of money is to build a list and sell them stuff by e-mail actually, so you can do both models at the same time.

Think of Amazon as a way to get free traffic ( you actually get paid as you do) and as a way to grow your e-mail list....Then the only thing you have to do is to sell them stuff by e-mail.

That's a difficult question to answer.

You need an offer that converts (your Kindle book) and traffic (in your case, Pinterest).

Free traffic (Pinterest) will take longer to generate than paid.