Back in 1996, my family and I were evicted from our home... In 1997, I made so little money that we qualified well below the U.S. poverty line... If you had told me back then that I'd be where I am today, I would have called you crazy. By tapping into the world's booming e-book industry, I've been able to travel the world and enjoy a luxury lifestyle I could have only dreamed of before.
Creating an on-going income from e-books is possible…no matter your age, background, or skills. To prove it, here are some of the actual results from people who have done it. The story of Margie Garrison is a great place to start. A 74-year-old Florida grandmother, Margie suffered with arthritis for 43 years. After being told she'd soon need a wheelchair, she found a natural cure for living free of arthritis pain.
Fifteen years ago, after a series of bad decisions I was broke. The kind of broke where I'd lost my job and my family and I were being evicted from our home and having our last automobile repossessed. I didn’t have a cent to my name and that year my income placed me below the U.S. poverty level.
In the South, where I’m from, we use the expression “more than one way to skin the cat.” It refers to catfish, which are skinned before they’re eaten. I bring it up because I think it’s a great analogy for all the different ways that you can “create” an income-producing book.
In 1919 E. Haldeman-Julius had a brilliant idea. He would take books from the public domain (out-of-copyright books that are freely available for anyone to use without paying royalties), change their titles, and print them for sale. In their small format and their blue covers, they became known to the public as "Little Blue Books." To say they were popular is an understatement. Haldeman-Julius eventually sold more than 100 million copies of 3,000 different books.
The 7 Habits of Highly Effective People is one of the most popular business books of all time, having sold more than 25 million copies. The well-known author is the late Dr. Stephen Covey. But Dr. Covey didn't write the book. Ken Shelton did, as his ghostwriter.
I once bought the rights to an e-book for $200 because I liked the content and thought others would find it helpful. I've since made more than $50,000 selling that e-book over the years! For the past couple of days I've been showing you how you can fund your life overseas using one of my cardinal business principles that "It's more profitable to publish than it is to write."
One of the things I've learned in my years making money from e-books is that it's more profitable to publish than it is to write. One of the most profitable ways to publish is to hire a writer. Hiring writers has afforded me the time and the income to travel to many of my "bucket list" destinations...like last year's two-week safari to Zambia, Botswana, and South Africa.
For the last 15 years I've used my laptop to earn a small fortune from books and e-books. They've provided the income to send me to some of the most incredible destinations in the world...like the gorgeous Grand Hotel Excelsior Vittoria in Sorrento, Italy. Built on the spot that Roman Emperor August had his villa, it's perched atop a breathtaking Mediterranean cliff with beautiful gardens and a tree that grows both lemons and oranges.
I don't own any animals and, for the most part, I tend not to get close to them. So what am I doing sitting 10 feet off the ground on the back of an African bush elephant in remote Zambia? The short answer is: "experiencing one of my lifelong dreams to go on safari." And what a safari it was, exceeding my wildest imagination and giving me close-up encounters with lions, leopards, cheetahs, giraffes, and a long list of other wildlife.