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I'm Changing Everything (Week 2 - Building a Publishing Business)

The Nerdy Novelist · 5,383 words · 25 min read

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0:00Hello everyone and welcome to week two

0:02of building a publishing business where

0:04I am every week reporting to you about

0:07the progress that I've made in building

0:09my own publishing business for my own

0:10work and getting that all set up and

0:13seeing how it's going. Uh some

0:14interesting things happened this week.

0:16Uh also some some rather disappointing

0:18stats. Um but they've caused me, you

0:21know,

0:22any kind of setback that you have is is

0:25a good thing because it shows you what

0:27doesn't work, which means you can pivot

0:30with data

0:31and knowing uh where, you know, what to

0:34try next. So I have some great things

0:36that have happened and I have some other

0:37great not so great things that have

0:38happened and uh I'm making a few pivots

0:41uh few big pivots here in the next few

0:43weeks that are going to change

0:45everything. So uh stay tuned for that

0:47and let's start by showing you the

0:49spreadsheet with all my stats for this

0:52week. All right, so with this is the

0:53week of October 26th. Um so as you're

0:57watching this it will have been about a

0:59week since this week ended.

1:01Um and uh zero books published this

1:05week. Uh I've I am collecting a bunch of

1:08books. I have some books from ghost

1:09writers and I'm getting ready to start

1:11publishing things and once I do they'll

1:14be published rapidly, especially if you

1:16count the public domain books that I'm

1:17working on.

1:19Uh those I could put out like several a

1:21week probably. Um but for now zero books

1:24published. Ad spend was only $1.26.

1:26That's because it was off for most of

1:28the week. I turned it on right at the

1:29end of the end of Saturday cuz I was

1:31doing something. Um but uh overall

1:34uh basically no ad spend. Uh contractor

1:37expenses were about $1,600. Uh so a lot

1:41less than the previous version. Most of

1:42this was in editing costs for her

1:44YouTube channel. Uh

1:46and I did have a little ghost writing

1:48milestone that I paid for there.

1:51Uh but it's not as big as the week

1:52before.

1:53Uh but this is probably more typical of

1:55what it will be in the future.

1:57I would say on average. So that's what

1:59we're looking at in terms of expenses.

2:01Um all right, so I have two YouTube

2:04channels I've been working on. The first

2:06one focuses on fantasy lore because I

2:08write fantasy. So I'm trying to create a

2:10channel all about fantasy lore to

2:12hopefully draw in people that would like

2:15the kind of stuff I write.

2:16Uh you can see last week, the previous

2:18week I got 104 subscribers and now the

2:21the week after I got this this this last

2:23week, I got 205. So pretty much double

2:26what I got the previous week, which is

2:28awesome. And even more than that, I got

2:30more than triple the number of views.

2:33Um and this channel is already turning

2:35out very well and I can say since I'm

2:36recording this on a Thursday

2:38uh

2:39these numbers have skyrocketed even

2:42since I recorded it for last week.

2:45So this channel's looking very good. Now

2:47it's not monetized yet, but at the rate

2:49it's going I'll be monetized within a

2:51week.

2:52And we'll start to see revenue coming in

2:55here now. The mythology channel, which

2:59is almost the exact same type of channel

3:01as the lore videos, except it's focused

3:03on mythology rather than fantasy lore

3:06um

3:07is showing a different picture.

3:10For that one the new subs are 23, so it

3:12actually went down and the number of

3:13views also went down and obviously not

3:16monetized yet, so zero revenue.

3:18Um so I actually decided to make the

3:21executive decision to not work on this

3:24channel anymore. The reason I did two

3:26channels in in the first place is cuz I

3:28wasn't sure which one was going to do

3:30better.

3:31So rather than just do one and hope for

3:33the best, I decided to do both and then

3:36see which one was doing better and then

3:37kind of put more effort into that one.

3:39And that's what I'm doing. So um this

3:41one, the fantasy lore one, is doing

3:43better.

3:44So I'm going to put all my effort into

3:46that one in the future and I can

3:47hopefully save a little money in editing

3:48costs and and get a little bit more

3:51higher quality on those videos and

3:53expand it even further. All right, the

3:54amount I got from Amazon and other

3:56retailers it was only $10, which is kind

3:58of sad. I'll even I'll admit that. Um

4:01uh but that's that's just what it was

4:03last week. Um direct sales is zero.

4:06However, I do I will have some direct

4:07sales coming this coming week

4:09um to put in this stat. Uh but that's

4:13obviously um we're not I'm not doing the

4:16report on that week on this week

4:18uh cuz it's not over yet. Uh the school

4:20payout, so this is from remember I'm

4:22trying to build a school group that pays

4:24me money, was just over $50, so a little

4:27bit better than last week. But the

4:28school monthly recurring revenue is

4:30still 175 a month. Um so that's it has

4:35not grown. Uh that's one of those stats

4:37that I'm not too happy about.

4:40I was hoping with all of this effort and

4:42all of those page new subscribers and

4:44everything that I would have seen more

4:47growth on the school group by now. And

4:49so this is exactly one of those moments

4:50where I'm finding out what isn't working

4:52and what is. And part of it I think is

4:55the fact that I'm trying to get people

4:56to take a chance on me and join this

4:58membership that has all of my books when

5:01they don't even know if they like one of

5:03my books yet. And so part of what I'm

5:05pivoting to, uh there's a number of

5:07different things. The first thing is

5:09that I am no longer in the YouTube

5:11channel, I'm no longer trying to promote

5:14the paid version of that group. I now

5:16have a free version of that group where

5:18you get several of my novellas and short

5:20stories for free. And now people can

5:22join the group for free

5:25and then upgrade if they want to. So

5:27that's that's one of the pivots that I'm

5:28doing. Already I've seen that starting

5:30to work. Um

5:33uh

5:34I haven't changed much about it yet. The

5:35in the YouTube videos that I have filmed

5:37where I make the change in that pitch

5:40have not gone out yet.

5:42But already I'm seeing people come from

5:45the YouTube channel. I've had probably

5:4620 or 30 so far that have come and have

5:50opted into the free stuff. And now those

5:51people are on my email list and when I

5:54come out with a new book I can release

5:56it to them, sell it to them and see

5:58what, you know, if they like it.

6:00Uh plus they're part of uh the school

6:02group now, so we can interact with each

6:04other. We can, you know, I can pitch my

6:07books in there.

6:09Uh it's it's just it's a great way to

6:11have something that

6:12I own essentially where people can come

6:15and uh

6:16interact and I'm not 100% beholden to

6:19Amazon and other retailers. That said

6:22the next biggest uh pivot that I'm doing

6:26here.

6:28Oh and by the way, my total revenue,

6:30which is income minus expenses, was like

6:31$1,500 uh or negative $1,500. So um you

6:37know, still very much in the red there.

6:38But that's going to change. Um

6:40so uh one of the the the biggest pivots

6:42that I am doing, and I spent a lot of

6:44time thinking through this and I talked

6:46to my community about it to see what

6:47they wanted. And I what I eventually

6:49came down to is that I realized I was

6:51giving myself advice or I was not taking

6:54advice that I give to other people. Uh

6:57and often I will tell people

6:59that you shouldn't try to break the

7:00rules before you've mastered them.

7:02And I I use this like with my plot

7:05module book. Like you should learn the

7:07rules the rules of story structure

7:12and get really good about writing books

7:15that adhere to that story structure

7:16before you start thinking about breaking

7:19the rules.

7:20It's absolutely fine to break the rules.

7:23But if you do it without knowing what

7:25the rules are and mastering those rules,

7:27you're probably just going to create

7:28something that nobody wants to read, you

7:30know?

7:31And I realized I was making that same

7:33mistake here. Uh so

7:35while I teach people how to write books

7:37with AI and I have a solid understanding

7:39of self-publishing because of my time at

7:41at Kindle Preneur and the

7:42self-publishing work that I've done so

7:44far I do not make a livable income from

7:46my books on Amazon.

7:48And so I thought I should really do

7:50that. I should really get to that point.

7:53Uh and so I've made the decision that

7:56rather than trying to do all these

7:57direct sales things and and trying to

7:59get people to the school group, which is

8:00a brand new idea

8:03I need to start by just building an

8:05audience the traditional way going on

8:07Amazon, going exclusive to Amazon cuz

8:09that's the easiest way to do it,

8:10building my email list, building an

8:12audience and waiting until I get to that

8:14point where if I publish a new book and

8:16I send out an email to my group about it

8:18that I immediately get hundreds of

8:19sales. Once I'm at that point then maybe

8:23I can start to think of less

8:24conventional ways to market my books. Um

8:27so a lot of this is going to change.

8:29First of all, we're not going to be

8:30doing um I I'm no I'm no longer pushing

8:33the school group as a way to make money.

8:35There will be

8:37a tier that people can get inside of my

8:41school group where you can get some some

8:43pretty interesting bonuses from me like

8:45like having your name in a book or

8:47something like that.

8:49But those that will be kind of like a

8:51back end thing that I'm not pitching to

8:53everybody. It's just sort of like a hey,

8:55if you want this it's here.

8:57Instead, I'm going to be going a lot

8:59harder on Amazon and learning to master

9:01the craft of selling a book on Amazon.

9:03And in the process I'm sure I'm going to

9:04learn a whole lot about what people

9:06want. What do people like in their

9:08fantasy fiction? And just learning all

9:10of these lessons, plus also learning uh

9:12the ins and outs of Amazon ads, Facebook

9:15ads, all of the different marketing

9:18avenues that I could go down. And I'll

9:19be able to explore all of those things

9:22and uh and come up with what works and

9:25then share it with all of you guys. So

9:27that that is my thoughts there and a lot

9:29is going to be changing about my

9:31approach to this because of that. It'll

9:33probably be a couple of weeks before we

9:35start to see any interesting headway

9:37into this. So the next couple of updates

9:40here might not be that crazy.

9:42Um but that's just where I'm at. So the

9:45second part of this video is where I go

9:47through last week's video and answer any

9:49questions that you have and talk about

9:52that. So let's go ahead and do that now.

9:54All right, uh question here from Elena,

9:56do you sell your books on Amazon? Yes, I

9:58do. And like I just said, I'm going to

10:00go very hard on that.

10:02Great question here. What are the first

10:03three steps we need to take to follow in

10:05your footsteps to build a successful

10:07publishing business?

10:08First of all, I don't know entirely yet

10:10because I have not built a successful

10:13publishing business yet. But I will say

10:15a couple of things. First of all, don't

10:17see failures as a failure. Failure is

10:20just

10:21information about what not to do.

10:23And you will absolutely succeed if you

10:26keep at it long enough. And if [snorts]

10:28you keep looking at failure as feedback,

10:30that's my whole approach here is that

10:31I'm looking at every failure as feedback

10:34and as examples of what not to do. So

10:36that's number one. Number two is just to

10:38write.

10:39Uh, most people start thinking about

10:41marketing

10:42and how to market books

10:44and like, oh, should I do Kickstarter?

10:46Should I do Tik Tok? And most people are

10:48thinking about doing that before they

10:50should.

10:52Uh, they're they're analyzing problems

10:54that they don't have yet because

10:56firstly, you need to get your books out.

10:59So the only two things that I would say

11:00you need to work on in the early days is

11:04just writing, you know, writing, putting

11:05your books out there, getting a lot of

11:07a lot of them out there. And then the

11:08other thing that I would kind of keep in

11:10the back of your mind as you were doing

11:11that writing is branding. Making sure

11:14you're doing the do dash justice to the

11:16genre that you're writing in so people

11:18that enjoy that genre will like your

11:19books.

11:21Uh, making sure that your book covers

11:25are appealing to the correct reader. Uh,

11:29same with your book descriptions and

11:30your titles. All of that needs to be

11:32consistent. That's the only kind of

11:34marketing per se

11:36that I would even worry about in the

11:37beginning.

11:38Um, it is your branding.

11:41I wouldn't even worry about any other

11:42type of marketing until you have like 12

11:45books or more out.

11:48Um, ideally more like 20, right? Then

11:51once you have that level of backlog, you

11:53can start to play with things

11:55and get actual results from it. All

11:58right, here's a question. There is

11:59another aspect to consider as well. You

12:01were wanting to charge $9 per month

12:02giving access to your backlog of 30

12:04books, but for $3 more per month, people

12:06can subscribe to KU with access to over

12:08fit 5 million titles from various

12:10authors.

12:11The value proposition if they aren't

12:13fans of yours you and your writing will

12:14be as

12:16will present a significant challenge,

12:18but I hope you are successful with this

12:19endeavor. Yeah, I I appreciate that. And

12:21I this is something I've given a lot of

12:22thought.

12:24The [snorts] reason why I thought it

12:25would work and clearly it's not working

12:27great. So so take this with the grain of

12:29salt.

12:30Um,

12:31the the reason it's not working great is

12:32cuz I think I haven't built up an

12:33audience yet. I think this is something

12:35for down the line once you have an

12:37audience. This person's right in that if

12:39it's just getting more books for a

12:42monthly price, that is not enough. But

12:44thankfully, as a individual creator, as

12:47as a single person business,

12:50I can do things that Amazon cannot. And

12:52this is something that like Alex Hormozi

12:54talks about this a lot. A lot of people

12:55talk about this. Is that if you're

12:57trying to do something where you're

12:58competing with really big people, you

13:00need to scale the unscalable.

13:03Uh, do the things that that the big

13:05companies can't do. So for me, my

13:07initial attempts at this is like putting

13:09their name in a book or in the

13:11acknowledgements of a book or

13:14um, giving them hardcovers

13:17uh, or what's it what's another one? Um,

13:21Oh, I like uh,

13:23calls with me.

13:25You know?

13:26Uh, so I almost look at the books that I

13:29put out not as

13:33a part of the

13:36membership

13:37but more like a bonus on top of the

13:39membership. Like the membership is this,

13:42it's the interaction with the fantasy

13:43community, it's the close access to me,

13:45it's all of these other bonuses that

13:47Amazon can't give you in KU.

13:49And then you also happen to get my books

13:51on top of all that.

13:52Right? That that was kind of the the

13:54mindset I was going for. And I think

13:56that still works.

13:58It's just like trying to cold pitch

13:59somebody on that is really hard. You

14:01need to have an audience who already

14:02likes you a little bit. Um, so that's

14:05that's why I'm making the pivots that

14:06I'm doing.

14:08How about offering a teaser chapter for

14:09free and add book descriptions and other

14:11promos via PDF? Yeah, I am doing that.

14:13So that's not really an issue. So a

14:14couple of questions here from Podcast

14:16Bard. Great name.

14:18As a reader, I like physical media best,

14:20books and MP3 CDs. Whoa, MP3 CDs. Okay,

14:24Podcast Bard, I'll take your word for

14:25it, but I can't understand why anybody

14:27would want that these days.

14:29I'll try things in the digital format to

14:30see if I like it and if if I do, I'll

14:32get the physical media. Physical media

14:33is also good in sharing books. I believe

14:35this is how people expand their

14:36audiences is sharing physical media. The

14:38physical media is definitely a

14:41uh, still going strong side of things.

14:44But I do know that most self-publishing

14:46authors make their

14:48make their money from ebooks and

14:49audiobooks. Like it it's not even close.

14:52But print books are great. And uh, and

14:55he asks again or or she, he or she,

14:58uh, your competition is all those other

14:59author YouTube videos. Do you advertise

15:01in your home community or your state?

15:03Um, no,

15:05uh, not currently. And uh, YouTube is

15:07great at finding people that that like

15:10what you put out uh, if you're niched

15:12down enough.

15:13As you can see, my YouTube channel is

15:14doing very well.

15:16In fact, it's going to be monetized

15:18faster than the Nerdy Novelist was than

15:21this channel.

15:22Um, so that's pretty exciting. Like I

15:26it's been really validating for me to

15:27know that I can repeat the success I've

15:29had on YouTube. Cuz I've always wondered

15:31if I only found success on the Nerdy

15:33Novelist because I started talking about

15:34AI at the exact right moment. Now, don't

15:36get me wrong,

15:38learning to identify the opportunities

15:40like that is also a skill.

15:42But it's always been interesting to

15:44like, oh, can I replicate the success?

15:45Can I get another channel doing well?

15:47And already it's looking like that is to

15:49be the case. I'm going to have a channel

15:51monetized

15:52way faster than the Nerdy Novel than the

15:54Nerdy Novelist was monetized. And I'll

15:56probably get to 10K subscribers much

15:58faster than the Nerdy Novelist did,

16:00which was like 5 months.

16:02So that's pretty cool. Uh, as far as

16:05advertising in the home community in my

16:06state, um, I don't think that's really

16:08the most effective way to to advertise

16:10books. A lot of people do find success

16:13selling in like local markets and comic

16:15cons and things like that.

16:17I don't particularly like doing that,

16:19but I probably will experiment with it

16:21in the in the future. We have this like

16:22regular farmers market every Saturday

16:24near where I live.

16:26And uh, and we like going all the time

16:28and I see authors there. Most of the

16:30authors, not not to

16:32ho- hopefully none of [clears throat]

16:33those authors are watching this right

16:35now, but most of them

16:37are not like they're not great with

16:38their branding. Their book covers don't

16:40look great. But they still do pretty

16:42well. And so I think there is

16:44opportunity there. Is it enough to

16:46really

16:47compete with the sort of scale that one

16:49can do on Amazon or just any kind of

16:52digital site? I don't know, but it can

16:55still be fun.

16:57You can also learn a lot about what

16:58sells a book too if when you're doing it

16:59in person.

17:01Um, so yeah, that's that's something to

17:02keep in mind. All right, so this person

17:04says, interesting vid. It sounds like

17:06you don't know what does and doesn't get

17:07conversion to your paid school group.

17:09What about a survey? You can you have a

17:11lot of people in Story Hacker Silver and

17:12repeat viewers here and we know what is

17:14stopping us from subscribing presumably.

17:16So survey might get you to some useful

17:17data, just a thought. Yeah. Um,

17:19definitely when you have an audience,

17:22and this is the problem I think is that

17:23I don't have a warm audience to my

17:26stuff.

17:27You should be surveying them and seeing

17:29what they want and use that to build

17:30your your offer.

17:33Um, I do not have nearly the same

17:35conversion problem with my Story Hacker

17:37communities and this channel as I do

17:40with

17:41uh, this fiction thing so far.

17:43And I think that's because you guys have

17:45warmed up to me a little bit more and

17:47I'm solving problems for you. But it's

17:49also a completely different situation.

17:51Like fiction is a completely different

17:52business model

17:54than anything non-fiction.

17:56And [snorts] what works for non-fiction

17:57doesn't always work for fiction as as I

17:59am learning. So

18:01uh, once I have a warmer audience, I

18:04will start I will definitely start

18:06surveying people. I might also run ads

18:09um, where the each ad will say something

18:11the equivalent of like

18:14um, would you like XYZ? And then each ad

18:18will have a different thing and I'll

18:19just see what the click-through rate of

18:21those ads are and

18:23through that

18:24determine like, oh, this seems to be

18:26more popular.

18:27But I I don't know if I I I want to do

18:29that right now with these changes I'm

18:31making. So we'll see. Uh, this person

18:33says,

18:34if I were to offer any advice, it would

18:35be to run the following prompt on the AI

18:37of your choice. Please provide me a

18:38summary of slow productivity and its key

18:40principles by Cal Newport. When I listen

18:42to you, I get the feeling that you were

18:43trying to do everything everywhere all

18:44at once and I worry you will burn out. I

18:46appreciate

18:48your your concern.

18:50Uh, I have actually read slow

18:51productivity by Cal Newport. I love

18:53everything Cal Newport puts out. I read

18:55it religiously.

18:56Um, he is great. In the case of slow

18:58productivity, I think much of that is

19:00really intended more for people who are

19:03further along in their career because I

19:05don't think it applies as well to people

19:07who are just beginning. I think when

19:08you're beginning, you need to hustle.

19:10When you're like if you're in your 20s

19:11or 30s, you need to be hustling until

19:13you

19:15find your your rhythm in what works.

19:18Because volume is the most

19:21um, like it's the most likely indicator.

19:23It's the most correlated indicator of

19:25success.

19:26As you're putting out volume. Uh, I

19:28don't know if you're familiar with the

19:29parable of the pots,

19:31but it's basically you have a a guy

19:34teaching pottery and he divides the the

19:37class into two groups. And to one group

19:38he says, your job is to make one perfect

19:40pot by the end of the semester. The

19:41other group he says, you just guys make

19:43as just as many pots as you can by the

19:44end of the semester.

19:46And by the end of the semester, the

19:47people that were just putting out the

19:48most pots were not only they not only

19:51had way more pots, but the pots that

19:53they were making

19:55towards the end were just as good as the

19:57single perfect pot that the other side

19:59was supposed to do. Cuz not only

20:03do you put out more, but you learn

20:05faster.

20:06And that's kind of what I'm going for

20:08with this. But I do appreciate the

20:09concern about

20:11um

20:12trying to do everything everywhere all

20:13at once.

20:15And

20:16I I am not ignorant

20:19of the fact that I am doing a lot now.

20:22The difference is that I am paying close

20:24attention to what is working and what is

20:26not. And I am ruthlessly cutting the

20:28things that are not working.

20:30As you saw with like the fact that I'm

20:31not doing that mythology channel

20:33anymore.

20:34And because of that

20:38the vol- like it it evens out

20:41over time. So that's that's just been my

20:43experience so far. I do appreciate the

20:45concern, but it's not going to be this

20:47way all the time. And also I found that

20:49being this focused and trying to put out

20:51this amount of work has actually forced

20:53me to be far more economical with my

20:56time.

20:57And actually I found that I am just

21:00about the same in terms of how busy I am

21:03now as to where I was before I started

21:05this goal. The only difference is I cut

21:07out a lot of stuff when I started this

21:09goal. I found that I was filling my time

21:11before with a lot of busy work that

21:12wasn't pushing the needle.

21:14And um and so I think it's good to have

21:17ambitious goals like this because it it

21:19acts not only as I mean you're not only

21:21going to see a lot of progress

21:24rapidly

21:26but you're also

21:28going to cut out a lot of stuff that

21:30doesn't actually matter. All right, now

21:32this person gave me some fantastic

21:34advice. I'm not going to read this whole

21:35thing to you, but this person had

21:37clearly knew knows my content and

21:39actually gone and looked at my

21:42um my lore channel and everything

21:45and gave me some fantastic advice and I

21:47said as much in in in my response.

21:51Uh to sum this up, basically some of the

21:54advice that I found very

21:56good here is to have

21:58um kind of a funnel with my channels. He

22:01suggested having a separate channel that

22:02was all about the lore of my own stuff.

22:06And I don't think I'm going to do it as

22:07a separate channel, but I might do like

22:09one video a week that's about the lore

22:11of my stuff.

22:12Which it's not going to do as well as

22:14the lore of these other fantasy works,

22:16but it should expose some of the

22:18subscribers and people that have watched

22:20multiples of my videos

22:23to to learn a little bit more about my

22:25world. I've also uh I think I think this

22:29person mentions it but um I've also gone

22:32with the idea of having a free offer to

22:35these people so that they can

22:37sample my work without any monetary

22:40uh risk involved. But yeah, this

22:43whoever you are E Roldan, I don't know

22:45if you're in my community somewhere. I

22:46think you probably are

22:48judging by the

22:51what you got here.

22:52Your advice was very much appreciated

22:54and and I do appreciate uh everything.

22:57Now this one I didn't quite get. This

22:59this person Amanda Waller 34 79

23:03I don't understand why you're so dead

23:05set on ignoring every common established

23:06process for building a fan base, which

23:08is what you need to get recurring

23:09revenue.

23:11Um so I understand what this person is

23:13saying and they're right. Like I I

23:15realize that that I need to develop the

23:18fan base first and kind of go more

23:19traditional routes. That's true.

23:20However, I would not say I have ever

23:23been dead set on ignoring any common

23:26common established process.

23:28Like I have been giving away free

23:30stories and chapters. Post some

23:32serialized fiction on Ream or your own

23:34website. Yeah, that that I've done that

23:36in the past. That does not work.

23:38Uh I can test it again, but I am not

23:40anticipating that it'll work.

23:42Uh send set up a website under your

23:44actual name or the name of your world.

23:45Yeah, I I have done that. Sell some

23:47merch. I've done that. Post some videos

23:49about the lore of your world not fantasy

23:50lore in general. I will do that. The

23:53problem there is that nobody's going to

23:55look at the stuff of

23:56nobody's going to care about the lore of

23:58my like I'm building an audience here

24:00and then once the audience is there,

24:01then I can

24:03start talking about the world of my own.

24:06Uh do a Kickstarter on your next novel

24:08etc. Yeah, I I I hate Kickstarters. That

24:11is one that I am sort of dead set on

24:14ignoring at least for now. I will

24:15probably test it out in the future cuz I

24:16know people want to know about it, but I

24:18I like I'm a slow and steady type of

24:21marketer person and I love content

24:22marketing.

24:24It's my favorite type. Uh because it is

24:26a slow and steady thing. The nice thing

24:27about YouTube you guys is it's marketing

24:31that's very effective and you get paid

24:33to do it.

24:35It's the only it's the only type of

24:36marketing that'll do that for you. I

24:37don't know why more people aren't doing

24:39it. Well well I I do. It's because it

24:41takes a lot of work.

24:42Um it seems like you want the monetary

24:44benefits of an active engaged community,

24:46loyal fan base without doing the work it

24:47takes to build one. I

24:49I just got to say like

24:51I

24:52I just don't agree. Uh like I am

24:54absolutely willing to do the work it

24:55takes to build one.

24:57I'm just figuring out what works.

25:01And I've learned quite a bit since I

25:03started.

25:05So we are going back to basics. We are

25:07going to try all of those things.

25:09But we'll see.

25:11Uh this person asked how are you doing

25:12your audiobooks? I'm getting human

25:14narrators for most of them. AI narration

25:16just is not enough for me.

25:19Um I don't I don't like it myself. I

25:22I don't like to read or listen to other

25:24audiobooks that have been digitally

25:25narrated, so I don't even though they're

25:27they're getting quite good these days

25:29and it's better than nothing.

25:31I just don't know I just don't think

25:32it's there yet.

25:36Um all right, this person had a

25:37misunderstanding. Showing ads to just 43

25:39people in your school won't work. It's a

25:40very small sample of people. You need to

25:41show the ads or your book to at least

25:4310,000 people to find out whether the

25:45ads of your book is working or not.

25:47Um yeah, so I

25:51was not showing it to 43 people.

25:55I don't know where this person got that

25:56idea. I my sample size you start as

26:00broad as you can when you start doing

26:01ads and then let the data let it figure

26:04out the data.

26:06Um we did stop the ads that were going

26:08cuz we spent $150 with no results

26:11whatsoever.

26:12Um

26:14I started doing some direct sales

26:16earlier this week and that was showing a

26:18much more promise.

26:20Um although I'm not going to be doing

26:22that in the future because I'm now

26:23pivoting to go more Amazon first for

26:25now.

26:26All right, this person says thank you

26:28Jason for being so transparent about

26:29your process. That can be very

26:30insightful. Yeah, no problem. This

26:32person says subscription models are

26:33profitable only if the content given in

26:35them is famous. In your case in this

26:37case your books

26:38people in general won't buy monthly

26:40subscription if they're not interested

26:41in your books. I think that is true and

26:42that's why I'm making the decisions that

26:44I am.

26:46Just cheering you on from the sidelines

26:47Jason. Thank you Plumstone. I'm cheering

26:49you on as well. All right, and that

26:51pretty much wraps it up for today. So

26:54uh if you have any questions or comments

26:57uh or armchair there's a lot of armchair

27:01experts giving advice

27:02uh I'm open to all of it uh and I'm

27:05correcting the mistake of trying to

27:07break the rules before trying to master

27:09them. So now I'm going into the process

27:11of mastering them

27:13by looking at what the successful people

27:15are doing and just modeling what they

27:16do. So that is my final bit of advice to

27:19you. Um and I will see you in the next

27:21video.

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