Hello Rachel. My biggest takeaway from this video is the potential for financial freedom. I've spent most of my life working for someone else. We have been self employed since we were married back in the 80's and have done ok, and have always dealt with the ups and downs of self employment as they came along. Recently came across KDP and have been doing pretty extensive research. My wife is a teacher at an online high school. Needless to say she (and I) have a thousand ideas and when we found KDP it set our little brains in motion and we're going to go at it full steam. Thanks for the good advice and well done videos. Looking forward to more in the future.
Good video. Self Publishing is not advertised as it deserves. There is a much lower barrier entry, and a much lower competition compared to 99% of other online businesses. We've published books 4 years ago and the results are insane! (even after 4 years from the first publication)
Thank you so much for this video! I was worried about having everything ready to go before I created a KDP account, so I am glad to hear that I can start publishing now and switch over to a business later.
Get busy. This is the perfect business model in my view. Build it once and sell it over and over again. The work I do now is finite. I have to build, rebuild and install day after day. I don't get paid until I complete a job. So, I plan to use that bad business model to build something I can sell day after day without having to build it day after day. I am a contractor, install and repair projects that I do myself but I know there is a better way. I listen to your videos working out and appreciate your unselfish advice. Thank you very much!
@@RachelHarrisonSund After over-analyzing what to write or produce, I have decided that just moving forward is what I must do. Start, understand my first landing may not be my best, learn and practice until I learn what works. If I work as hard as I do with this, as I do rebuilding a huge shower, I know these efforts will contain better long lasting rewards. Thanks again for you unselfish information.
I've been watching your videos for several months and (slowly) working on my first LC books. I'm getting ready to publish the first one, I hope this Tuesday. My biggest takeaway from today's video? I've made very little income for years on my previous nonfiction books. I keep wondering if I'll make anything on these LC books or is it just more wasted time? BUT, watching this video I realized what I am doing right now is "validating my business"! I have plans to release 18 - 20 LC books regularly over the next months. Will any of them sell? Will I make any income? Remains to be seen. However it's incredibly freeing to look at this as validating my business to see if it becomes a "proven business" that makes a positive cash flow month after month. This encourages me to move forward. We'll see if my business model works...or not. Either way is valuable to know. Thanks, Rachel.
Rachel, I've been watching you for awhile - (love the content) and I think what's really stopping me from going KDP is I've heard how complicated it can be to set up an account. Would you consider doing a video on that?
I wouldn't start a second KDP account under a company name if I were you, even if it is technically allowed under their terms. I've never really understood why anyone would want multiple accounts (unless maybe they were thinking of selling one in the future but that is way down the line and you can always start another after you sell the first) or why KDP doesn't allow it but they are really serious about it so I wouldn't upload books to two different accounts from the same IP address. Also, you don't need a business to write off expenses. You can deduct expenses from personal self employed taxes too (at least here in the UK).
I haven't done this personally, but many have done so without issue. I would only expect problems if a person isn't following the rules. Good tip about writing off expenses if you're self-employed; I don't know what the rules are in other countries but it's definitely worth checking out.
Hi, Rachel. This was very useful, thank you! I came upon this video because I was wondering about the copyright symbol and if I was able to use it without any kind of registration to my brand. I have a Pen name and my logo, but as I have only started KDP LCB self-publishing, I wasn´t sure about the copyright page you mentioned in one of your videos. Could you please clear this up for me? Thank you so much! Very valuable information!
Great video. What did you do before you created a corporation to snag customer email addresses? I was thinking to create an LLC and website or at least a landing page to offer a freebie to get the customer's email address. KDP doesn't make it easy to create an email list. Thanks!
Hi Janet! Even before I incorporated I started collecting email addresses by offering a freebie by way of a landing page. I just used my brand name and my own name as the contact.
Wow thank you. But won't you have to edit all your books after you switch your account into a corporate account to include your logo and company name? I would like readers to know my books by my brand or trademark. Can I do it while I am running my personal KDP account?
Hi Danny just wondering if you did set up a Ltd company? I'm in the UK and in the process of doing it so any advice from someone who has been there and done it would be greatly appreciated
@@Tootcee Hi Carole, sorry to disappoint but I no longer dabble in the world of low content books. Unfortunately for me after 2 years of trying everything, sales were not happening for me so I jumped ship. That's not to say it won't work for you, with the right niche and unique ideas you can get there. I now still remain in the book industry however, I am now writing and working on my first fiction book and hope to be traditionally published 🤞🏻. Sorry I couldn't be of any help, good luck 😊.
@@dannywheatley6614 thanks for responding. I have had moderate success with LCB but have decided to move into high content books and want to keep those entirely separate. I have paid for 2 to be ghost written which has been a major expense and I had to sell some stuff to fund it so it is scary if I get it wrong but I feel like I have to at least give it a go.
@@Tootcee I was on a very small to no budget so that made it a little more difficult for me. My idea was to create low content as a foundation to replace my wage to give me the time to work on my stories but then when it didn't workout I just thought, cut out the middle man and just write the stories, I'm so glad I did as I'm now loving it . Definitely agree, you need to give it ago, even with me, doing over 2 years of research and creating content to sell only 3 to 4 books, I still don't regret it 😊
Hi Rachel, can I use a pen name to publish kindle books, without setting up a company first, or do I only get to use my personal name when starting to publish books without first setting up a company?
Very educational, thank you. I have my own company which I use to provide consulting services, but I'd like to add a new line of business with KDP. I'm trying to set up my business KDP account but I'm struggling with the tax withholding questions. I believe that Canadian companies don't pay double taxes because of the treaty so the 30% tax withholding should not apply. But how did you set up the LOB (Limitation on Benefits) for a regular Canadian Corp. for the 0% withholding to be applied? I can't figure out which of all the available options I need to use (e.g. Company that meets the ownership and base erosion test?) If you remember from when you created your canadian business KDP account, could you please let me know? thanks in advance!
The "and more" could include guest books, log books, activity and coloring books, puzzle books, blank recipe books-basically any book that falls into the "low-content" book category. I don't have any experience with picture books, but the many of the fundamentals are the same.
Very helpful thank you, I am curious about how to publish others work on KDP under a publishing company business? Do you have any information on that at all?
Hi Rachel!!! Thank you so much for this quick and helpful video. When you swap your amazon info to your business info. Are you also able to swap the ibsn code?
Very helpful Rachel. I have your program and it's been very helpful as well. I'm at the point where we're talking about mailchimp and setting that up. I'm just starting out and only have about 20 books. 3 children's books and the rest journals. I have 2 pen names, my own and one I made up. My question is, how do I set up my social media accounts for my books? I have my personal accounts under my name but since one of my author names is my name how do I separate it from my personal social media accounts? And in Mailchimp, do I use my personal address, email and phone number?
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What was your biggest takeaway from today’s video? Let me know in the comments below?
Hello Rachel. My biggest takeaway from this video is the potential for financial freedom. I've spent most of my life working for someone else. We have been self employed since we were married back in the 80's and have done ok, and have always dealt with the ups and downs of self employment as they came along. Recently came across KDP and have been doing pretty extensive research. My wife is a teacher at an online high school. Needless to say she (and I) have a thousand ideas and when we found KDP it set our little brains in motion and we're going to go at it full steam. Thanks for the good advice and well done videos. Looking forward to more in the future.
Good video. Self Publishing is not advertised as it deserves. There is a much lower barrier entry, and a much lower competition compared to 99% of other online businesses. We've published books 4 years ago and the results are insane! (even after 4 years from the first publication)
It was very helpful especially about taxes. Thank you. It will be a big help when I start my KDP business.
Glad it was helpful, Arlene! Do you think you might be ready to start an LLC or incorporate soon?
Thank you so much for this video! I was worried about having everything ready to go before I created a KDP account, so I am glad to hear that I can start publishing now and switch over to a business later.
Very informative vid - this is something I've never considered, but will be great for my future endevours. Thank you for this info, Rachel!!
Glad it was helpful!
Get busy. This is the perfect business model in my view. Build it once and sell it over and over again. The work I do now is finite. I have to build, rebuild and install day after day. I don't get paid until I complete a job. So, I plan to use that bad business model to build something I can sell day after day without having to build it day after day. I am a contractor, install and repair projects that I do myself but I know there is a better way. I listen to your videos working out and appreciate your unselfish advice. Thank you very much!
You're very welcome, Ed, thanks for watching! Have you gotten started yet, or is this all brand new to you still?
@@RachelHarrisonSund After over-analyzing what to write or produce, I have decided that just moving forward is what I must do. Start, understand my first landing may not be my best, learn and practice until I learn what works. If I work as hard as I do with this, as I do rebuilding a huge shower, I know these efforts will contain better long lasting rewards. Thanks again for you unselfish information.
I've been watching your videos for several months and (slowly) working on my first LC books. I'm getting ready to publish the first one, I hope this Tuesday. My biggest takeaway from today's video? I've made very little income for years on my previous nonfiction books. I keep wondering if I'll make anything on these LC books or is it just more wasted time? BUT, watching this video I realized what I am doing right now is "validating my business"! I have plans to release 18 - 20 LC books regularly over the next months. Will any of them sell? Will I make any income? Remains to be seen. However it's incredibly freeing to look at this as validating my business to see if it becomes a "proven business" that makes a positive cash flow month after month. This encourages me to move forward. We'll see if my business model works...or not. Either way is valuable to know. Thanks, Rachel.
Rachel, I've been watching you for awhile - (love the content) and I think what's really stopping me from going KDP is I've heard how complicated it can be to set up an account. Would you consider doing a video on that?
Hi Nancy! Setting up an account is incredibly simple and easy! Here's some information on how to do it: kdp.amazon.com/en_US/help/topic/G200620010
This is more incredibly helpful then you know. I think Self-Authors should be more aware of this.
Yessssss this is what I need!!!
Thanks for watching! Are you thinking about starting an LLC / incorporating soon?
You are in the Spirit, Just what i needed
I wouldn't start a second KDP account under a company name if I were you, even if it is technically allowed under their terms. I've never really understood why anyone would want multiple accounts (unless maybe they were thinking of selling one in the future but that is way down the line and you can always start another after you sell the first) or why KDP doesn't allow it but they are really serious about it so I wouldn't upload books to two different accounts from the same IP address.
Also, you don't need a business to write off expenses. You can deduct expenses from personal self employed taxes too (at least here in the UK).
I haven't done this personally, but many have done so without issue. I would only expect problems if a person isn't following the rules. Good tip about writing off expenses if you're self-employed; I don't know what the rules are in other countries but it's definitely worth checking out.
Hi, Rachel. This was very useful, thank you! I came upon this video because I was wondering about the copyright symbol and if I was able to use it without any kind of registration to my brand. I have a Pen name and my logo, but as I have only started KDP LCB self-publishing, I wasn´t sure about the copyright page you mentioned in one of your videos. Could you please clear this up for me?
Thank you so much! Very valuable information!
Great video. What did you do before you created a corporation to snag customer email addresses? I was thinking to create an LLC and website or at least a landing page to offer a freebie to get the customer's email address. KDP doesn't make it easy to create an email list. Thanks!
Hi Janet! Even before I incorporated I started collecting email addresses by offering a freebie by way of a landing page. I just used my brand name and my own name as the contact.
Wow thank you.
But won't you have to edit all your books after you switch your account into a corporate account to include your logo and company name?
I would like readers to know my books by my brand or trademark. Can I do it while I am running my personal KDP account?
I don't really understand ... how are we supposed to keep our KDP funds and our personal funds separate if we don't start a business?
Use separate credit cards when charging things to your business. Keep things accounted for on a spreadsheet and update it at the end of every month.
Super helpful only thing is I'm in the UK so will have to look into the information relative to me.
Glad it was helpful! Yes, there will be some differences in the UK, so check them out!
Hi Danny just wondering if you did set up a Ltd company? I'm in the UK and in the process of doing it so any advice from someone who has been there and done it would be greatly appreciated
@@Tootcee Hi Carole, sorry to disappoint but I no longer dabble in the world of low content books.
Unfortunately for me after 2 years of trying everything, sales were not happening for me so I jumped ship. That's not to say it won't work for you, with the right niche and unique ideas you can get there. I now still remain in the book industry however, I am now writing and working on my first fiction book and hope to be traditionally published 🤞🏻.
Sorry I couldn't be of any help, good luck 😊.
@@dannywheatley6614 thanks for responding. I have had moderate success with LCB but have decided to move into high content books and want to keep those entirely separate. I have paid for 2 to be ghost written which has been a major expense and I had to sell some stuff to fund it so it is scary if I get it wrong but I feel like I have to at least give it a go.
@@Tootcee I was on a very small to no budget so that made it a little more difficult for me.
My idea was to create low content as a foundation to replace my wage to give me the time to work on my stories but then when it didn't workout I just thought, cut out the middle man and just write the stories, I'm so glad I did as I'm now loving it .
Definitely agree, you need to give it ago, even with me, doing over 2 years of research and creating content to sell only 3 to 4 books, I still don't regret it 😊
Hi Rachel, can I use a pen name to publish kindle books, without setting up a company first, or do I only get to use my personal name when starting to publish books without first setting up a company?
Hi Ana! You don't need to set up a company to use a pen name. You can use any pen name you like right from the beginning.
@@RachelHarrisonSund thank you so much!
Very educational, thank you. I have my own company which I use to provide consulting services, but I'd like to add a new line of business with KDP. I'm trying to set up my business KDP account but I'm struggling with the tax withholding questions. I believe that Canadian companies don't pay double taxes because of the treaty so the 30% tax withholding should not apply. But how did you set up the LOB (Limitation on Benefits) for a regular Canadian Corp. for the 0% withholding to be applied? I can't figure out which of all the available options I need to use (e.g. Company that meets the ownership and base erosion test?) If you remember from when you created your canadian business KDP account, could you please let me know? thanks in advance!
“Journals, planners, notebooks, and more”….What is the “and more?” Does it include picture books?
The "and more" could include guest books, log books, activity and coloring books, puzzle books, blank recipe books-basically any book that falls into the "low-content" book category. I don't have any experience with picture books, but the many of the fundamentals are the same.
Very helpful thank you, I am curious about how to publish others work on KDP under a publishing company business? Do you have any information on that at all?
Hi Rachel!!! Thank you so much for this quick and helpful video. When you swap your amazon info to your business info. Are you also able to swap the ibsn code?
Very helpful Rachel. I have your program and it's been very helpful as well. I'm at the point where we're talking about mailchimp and setting that up. I'm just starting out and only have about 20 books. 3 children's books and the rest journals. I have 2 pen names, my own and one I made up. My question is, how do I set up my social media accounts for my books? I have my personal accounts under my name but since one of my author names is my name how do I separate it from my personal social media accounts? And in Mailchimp, do I use my personal address, email and phone number?
this is a great video
Thanks! What did you find the most helpful?
انا معلمة على المعاش،لماذا لاتوجد ترجمة للغة العربية حتى استفيد من الفيديو
I want to do this but I'm trained Do you have more info. I'm in chicago
I wanted to give you a thumb up but it was not an option, only thumb down is available I am not sur why. Good video