The next step can often be the most daunting for newcomers to passive income, but creating the content is paramount. Once you get the hang of it, this part isn’t so horrible.
If you’re entirely unsure of what you might want to start publishing, non-fiction how-to guides, romance stories, and other genre fiction tend to be easy places to start. Remember, this will be one of many books and while it’s generally nice to stick to a niche with several passive income streams, it’s completely fine to branch off a bit when it comes to publishing, especially while you’re learning. Most importantly, don’t try to write a bestseller on your first try if that means you don’t write anything at all.
Also, there’s no reason an eBook has to be hundreds of pages. If it provides value or entertainment, a 5,000-10,000 word eBook can easily be sold for $2.99 per copy.
For those with strong writing skills, this part should be relatively easy. You may want to pay a proofreader or editor, but the bulk of the work can be handled in-house. You’ve read plenty of books, and you have a good idea of what they usually look like.
For those that don’t have strong feelings about their writing skills, there are two really obvious options. First, you write the book anyway and pay someone to rewrite it and clean it up and finish it. Second option, you pay someone to write the book for you instead, giving them the information they need to know to create the book you’ve conceived but don’t want to write. The cost of a decent writer varies greatly, but you can use websites like Upwork.com to find great freelancers.