Hi everyone, I would love the help of the millionaire mind here (and the fastlane kind, no less.)
I am proud to say that I have done extensive research (on both the niche and the customer) that created a really great self-published book in the rainwater harvesting niche. In the past year, it has sold 10,000 copies, and while I am looking to scale sales into specialized retail, I have a few concerns.
It's not very CENTS. Especially control and entry.
I was a wee entrepreneur when I started this publishing venture, and only in hindsight do I realize that only publishing more books on Amazon is a very crowded space. Also, 99% of the sales occur on Amazon.com (I know MJ has a similar situation, but I can't tell if this is diversified enough.)
I am looking to diversify by scaling the book into places like Tractor Supply Co. (Been networking with some marketing folks at TSC and Home Depot.) My current "industry" is technically the publishing industry, and I am writing a 2nd book, but I am curious if my chosen industry should transform from the publishing industry to the rainwater harvesting industry.
Assuming I complete 2 books, I could diversify into video courses and products (like rainwater harvesting kits, probably with my branding, but affiliate). I am unsure when to do this. I like focusing on 1 thing at a time (right now it's securing a Tractor Supply Co. deal), so maybe after that? Would you poll the audience and see what needs they have next?
I also need a mini-rant. I work full-time and have been for the past 4ish years, waking up at 5 am and sometimes working after work and making the husband angry (heh). With all the stuff going on, i.e., podcasting, blogging, writing books, marketing, ads management, accounting, bookkeeping...it's enough to pull my hair out and not feel overwhelmed/see the light at the end of the tunnel. This niche is also not my passion, one of interest, and one that ebbs and flows with super high high's and low "what the F*ck am I doing here" low's sometimes. Maybe I shouldn't focus on the light at the end for now... I feel inspired by entrepreneurs I'm reading in UNSCRIPTED who successfully secured national retail deals, which my brand could certainly benefit from...but that's all that keeps my head above water sometimes.
When I get the emails and the comments and reviews, it feels amazing to know I'm helping real people with real challenges in their lives. These days it just feels like more giving than receiving sometimes.
I am proud to say that I have done extensive research (on both the niche and the customer) that created a really great self-published book in the rainwater harvesting niche. In the past year, it has sold 10,000 copies, and while I am looking to scale sales into specialized retail, I have a few concerns.
It's not very CENTS. Especially control and entry.
I was a wee entrepreneur when I started this publishing venture, and only in hindsight do I realize that only publishing more books on Amazon is a very crowded space. Also, 99% of the sales occur on Amazon.com (I know MJ has a similar situation, but I can't tell if this is diversified enough.)
I am looking to diversify by scaling the book into places like Tractor Supply Co. (Been networking with some marketing folks at TSC and Home Depot.) My current "industry" is technically the publishing industry, and I am writing a 2nd book, but I am curious if my chosen industry should transform from the publishing industry to the rainwater harvesting industry.
Assuming I complete 2 books, I could diversify into video courses and products (like rainwater harvesting kits, probably with my branding, but affiliate). I am unsure when to do this. I like focusing on 1 thing at a time (right now it's securing a Tractor Supply Co. deal), so maybe after that? Would you poll the audience and see what needs they have next?
I also need a mini-rant. I work full-time and have been for the past 4ish years, waking up at 5 am and sometimes working after work and making the husband angry (heh). With all the stuff going on, i.e., podcasting, blogging, writing books, marketing, ads management, accounting, bookkeeping...it's enough to pull my hair out and not feel overwhelmed/see the light at the end of the tunnel. This niche is also not my passion, one of interest, and one that ebbs and flows with super high high's and low "what the F*ck am I doing here" low's sometimes. Maybe I shouldn't focus on the light at the end for now... I feel inspired by entrepreneurs I'm reading in UNSCRIPTED who successfully secured national retail deals, which my brand could certainly benefit from...but that's all that keeps my head above water sometimes.
When I get the emails and the comments and reviews, it feels amazing to know I'm helping real people with real challenges in their lives. These days it just feels like more giving than receiving sometimes.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.
Last edited: