Hi Romney, Great video as per usual. I have a question about royalties and royalty payments for Australians. I've sold a few books and Amazon and I know that they don't pay until 60 days after the month you have sold your books, I get that. But if you sell your books in market places other than Australia you need to meet a threshold of 100USD for USA before they will pay you and no threshold for EFT. Because I am getting paid in AUD they will wire transfer the money when I meet that threshold. When I set up the KDP account they placed 0.02c into my bank account to check if it worked. I think that sucks, is there any solution to this?
Start by achieving the $1K per month and then continue to build. Yes, $10K per month is amazing but don't expect to jump to that goal without building the foundations.
Yes, repeat the process. Yes, start with $1k goal first. But also diversify. Have multiple income streams. Don't put all your eggs in one basket. That is my goal as I'm starting.
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Thanks Romney, great video
Thank you!
Great advice, thank you!
Thank you. Glad it was helpful.
Hi Romney,
Great video as per usual. I have a question about royalties and royalty payments for Australians. I've sold a few books and Amazon and I know that they don't pay until 60 days after the month you have sold your books, I get that. But if you sell your books in market places other than Australia you need to meet a threshold of 100USD for USA before they will pay you and no threshold for EFT. Because I am getting paid in AUD they will wire transfer the money when I meet that threshold. When I set up the KDP account they placed 0.02c into my bank account to check if it worked. I think that sucks, is there any solution to this?
Unfortunately not Joe. They set the rules and requirements and if you want to use their platform to publish your books, you must play by their rules!
I need $10000 per month not $1k a month
just need to repeat the process until you get to the goal.
Start by achieving the $1K per month and then continue to build. Yes, $10K per month is amazing but don't expect to jump to that goal without building the foundations.
Yes, repeat the process. Yes, start with $1k goal first. But also diversify. Have multiple income streams. Don't put all your eggs in one basket. That is my goal as I'm starting.