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AIM HIGH

“Do not Focus on Success, instead Focus on Improving your work, eventually success will follow you.”

STORY OF THE DAY

In 2007, two boys named Brian Chesky and Joe Gebbia were struggling to pay their monthly rent in San Francisco.

To make some extra cash, they Bought 3 Air Mattresses, and luckily invited 3 guests for a night stay with some breakfast, each paying 80$.

Seeing this as an opportunity, they joined with another friend, Nathan, to rent out space with Breakfast.

Although the initial launch was a flop in 2008, people were too skeptical with the Idea of strangers staying at their Homes.

Despite their struggle, they managed to raise some funds to keep their business alive.

These guys kept improving the user experience, adding profile verification and fast payment options. They kept scaling through reviews and 24/7 support until they hit 1 million bookings in 2011. By 2015, they were valued at $25 billion.

And that’s how AirBnB was Born.

What was their true reason for success?

• Solve a Real Problem: Airbnb started addressing practical issues, such as providing affordable lodging during a busy event.

• Adapt and Persevere: Despite rejections and failures, the founders continuously refined their ideas, and never lost Hope

• Think Creatively: They showed the importance of thinking outside the box to attract attention and funding.

• Build Trust: Features like reviews, verifications, and secure payments built credibility and helped overcome skepticism.

Last Sunday, I was having coffee with my friend. She has been writing online for a year and recently published a book about Psychology at Amazon KDP.

Amazon KDP has been an amazing business option these days, some publishers are able to make up to 10,000$ a month and up to 150,000$ a year, just by publishing one book a month.

Ai can help you write if you are an inexperienced writer.

Here are some amazing writing tools powered by AI.

• Rytr: A free writing assistant, which generates good content as well.

• Copy.ai: An amazing platform for long texts and essays.

• Grammarly: Its Chrome extension will help you detect your grammar mistakes.

HERE IS THE BLUEPRINT

1. Write your book depending on your topic, using AI tools. Check out Google Trends to know topics in demand.

2. Format your book, using Amazon’s Kindle Creator Tool, make sure to Follow Amazon Guidelines to Ensure your cover meets KDP’s cover requirements.

3. Set Up Your KDP Account

   • Create an Account: Sign up at Amazon KDP.

   • Tax Information: Fill out the necessary tax information to receive royalties.

   • Bank Details: Provide your bank details for royalty payments.

4. Pricing and Royalties

   • Choose Pricing Model:

     • 35% Royalty: For books priced below $2.99.

     • 70% Royalty: For books priced between $2.99 and $9.99.

   • Set Your Price: Research similar books to determine a competitive price.

5. Review and Publish

   • Preview Your Book: Use the KDP Previewer tool to ensure everything looks good.

   • Submit for Review: Once satisfied, submit your book. Amazon typically reviews and publishes your book within 72 hours.

6. Marketing Your Book

   • Leverage Amazon Ads: Use Amazon's advertising platform to reach your target audience.

   • Social Media Marketing: Promote your book on platforms like Instagram, Facebook, and LinkedIn.

   • Build an Email List: Offer a freebie (like a chapter) to collect email addresses and notify readers of your launch.

   • Promote: Once you have an email list, you can promote it on Beehiiv.

Success will not come to you in a week, it just needs discipline, consistency, and patience. Ultimately things will change overnight.

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