
421: How Authors Make Millions In The Book Business With Mike Michalowicz
The My Wife Quit Her Job Podcast With Steve Chou
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You Can't Make Money Selling Books
When you're printing 20,000 units, I was getting them for like three dollars and 50 cents. That means you net $11 a book on a self pub deal. So think about the aggregate. Every book I sold they, I can make $8. I got $20,000. That's $160,000 of profit sitting here in my house. And if you hustle and promote it, that may get some leg things involved. But then as you start building your compendium books, you get a reader base that says, anytime Steve writes a book, I'm going to read it. It's actually a bucket list item for me. The other thing too is build
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