It is illegal to print your own US Dollars. However, it is not unlawful to create products that people can buy with US Dollars. Thus, your job as an entrepreneur is to get customers to buy your products with US Dollars (or other currencies) by providing value. If you can do this, then you have started your LEGAL printing press.
I can already hear you saying, “But Josh, I don’t have any money to start a business or create products.” Sure, I can understand that. However, I am telling you right now, from personal experience, that you do not need any money to get started.
I am printing my own money as we speak. After reading the book “Unfair Advantage” by my favorite author, Robert Kiyosaki, I was intrigued by the entire process. Mr. Kiyosaki instructed me (via the book) to create an asset that produces money. That asset could be an actual product or a whole business. I decided to create a product.
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I wanted to create something that was wholly mobile-friendly and portable. I want to be able to make it whenever I want and where ever I want. I knew that starting a YouTube channel wasn’t for me. Therefore, becoming a writer was my best option. I decided to write one article a day. After roughly 70 pieces, I collected them all into a book and put them up on Amazon.
And, to my surprise, people are reading it. The sales haven’t been mind-blowing, but the book is already in an infinite return– all money that comes in from my book is pure profit. It costs me nothing but time to produce. And let me tell you something- coming home from work (from my 9 to 5 job) and seeing that my book made me $1-2 is a fantastic feeling.
My goal is to continue doing the same strategy to get many more books on the market. My writing is also improving, along with my marketing skills, and I am growing a minimal following. My goal is to earn $1,000/ month of passive income from book royalties.
Now to the cool part of building your assets- you can monetize them any way you want. Just because I wrote a book doesn’t mean I have to keep it in book form. There are so many ways to monetize these books that I cannot even list all. But let’s take a look at a few of them.
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Paperback. Some people only buy paperbacks- I will convert my book into a paperback and put it on Amazon.
Audible Book. Same thing as paperbacks. Some people only listen to their books, so this is an untapped resource for me.
Advertising. I can put in some affiliate links in the back of my book. I took a Kindle creators course that I can advertise—this way, people who read my book, can see how I learned how to start my Kindle business.
Podcast. I just saw a way to have a text-to-speech reader read your blogs and convert them into a podcast. With over 300 articles, I can do this and have a nice stash of content. Once you have a following, advertisers will pay to put advertisements into your podcasts.
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Merchandise. If I got good at creating merchandise, I could put links to Redbubble in my books. Online sales are an easy way to make money without having to purchase inventory.
There is so much money to be made. Remember that first, you must provide value before you ask for a sale. I am printing my own money. I am very excited to see where this takes you. You cannot even attempt to gauge where your business will go until you get started. I never thought that this is the way my life would head after I started my blog.
Now, my question to you is, “What are you waiting for?” You have to get started in something, anything, before you can find your true passion and talent. I love writing. I would have never, in a million years, thought that I would enjoy writing so much. Everyone can provide value to someone else. Whether it is in a career choice, relationships, or hobbies- there is always something that you know that someone else wants to learn. What are you waiting for to get started? Start printing your own money!
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Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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