Writing books is not really a good idea
One thing to consider is royalty rate. If you sell 5000 copies for $20 and earn a dollar per copy, you&#x27;ve earned $5,000. (This math is based on 10% royalties on the publisher&#x27;s portion, which is about half of retail. And no, fiction books don&#x27;t sell for $20 typically, but I&#x27;m using this number to make the math easy.)<p>Now, if you sell 5000 copies of an ebook for $20 and earn 80% royalties, you earn $16 per copy, and earn $80,000. This is the royalty rate on Leanpub (disclosure: cofounder), but with Gumroad or blog + Stripe approaches you&#x27;d earn an even better percentage (if you want to run your own store).<p>For fiction, however, the dream combination is probably publishing in-progress with subscriptions. Currently it seems that Substack is the best for that. If you can get a few thousand people to subscribe for a few bucks a month, you could do well. The people at the top are doing really, really well: <a href="https:&#x2F;&#x2F;stratechery.com&#x2F;2021&#x2F;sovereign-writers-and-substack&#x2F;" rel="nofollow">https:&#x2F;&#x2F;stratechery.com&#x2F;2021&#x2F;sovereign-writers-and-substack&#x2F;</a>