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- Dec 16, 2023
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Hi there. I am new to the forum and would like to tell you a little bit about myself and ask for advice. I am 23, originally from Ukraine, came to Canada 9 months ago. Now work a 9-5 job to pay the bills. My dad is a self-employed blacksmith (has his workshop and mostly does most of the work himself) and I grew up with a belief that working for someone else is bad and that you should work for yourself. But self-employed is not a business and although I can work with my hands and helped my dad from a young age I always felt that I could do more. Recently "I got lucky" to read The Millionaire Fastlane and Unscripted . Both books are phenomenal and changed my perspective on a lot of things (Money Scam - Value VS Money, Luck - Probabilities, and so many more). I have been doing Amazon KDP book publishing for a while (published notebooks, coloring books, puzzle books, logbooks, etc). The average salary in Ukraine is about 500$, so I thought that if I could earn about 5000$ passively it would be perfect. Now I realize that:
a) It's really not a lot of money
b) You can't rely on that income because you don't have control
The business model lacks control and probably entry (although if you spent a lot of time like I did and you compete with money-chasers and value-cheaters that just want to earn a quick buck you can argue that). Recently I got my account blocked for some bullshit copyright reason that makes no sense (some other person tried to сopy my book and I got banned, LOL). Although the issue is being discussed with KDP support and they will most likely give the account back I do not want to pursue the thing I don't have control over and can't rely on to quit the job. I want to become a shark now. After spending a lot of time in that space I have learned pretty much everything about that business, from book covers to interior designs to keywords, ads, launches, etc.
My question is this: should I forget about this thing, just move on and start a completely different CENTS-based business or is it better to utilize my knowledge and create some kind of educational value about it(course, platform) for people who want to do it? I do not want to do video content because I am an introverted person, but I have learned copywriting and know basic HTML/CSS. I could create a website with a course and helpful additional resources, etc, and run ads to it. I think such a product would be valuable for people.
My opinion can be biased because I invested a lot of time into that thing so I would be grateful to hear some external points of view.
a) It's really not a lot of money
b) You can't rely on that income because you don't have control
The business model lacks control and probably entry (although if you spent a lot of time like I did and you compete with money-chasers and value-cheaters that just want to earn a quick buck you can argue that). Recently I got my account blocked for some bullshit copyright reason that makes no sense (some other person tried to сopy my book and I got banned, LOL). Although the issue is being discussed with KDP support and they will most likely give the account back I do not want to pursue the thing I don't have control over and can't rely on to quit the job. I want to become a shark now. After spending a lot of time in that space I have learned pretty much everything about that business, from book covers to interior designs to keywords, ads, launches, etc.
My question is this: should I forget about this thing, just move on and start a completely different CENTS-based business or is it better to utilize my knowledge and create some kind of educational value about it(course, platform) for people who want to do it? I do not want to do video content because I am an introverted person, but I have learned copywriting and know basic HTML/CSS. I could create a website with a course and helpful additional resources, etc, and run ads to it. I think such a product would be valuable for people.
My opinion can be biased because I invested a lot of time into that thing so I would be grateful to hear some external points of view.
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