He Turned $67 into a $1,000,000 Side Hustle

Through his experiences, Felix discovered the power of personal development and the importance of acquiring more skills and wisdom to become the best version of oneself.

He also learned about the concept of financial independence and how creating a side hustle that provides passive income can lead to a more fulfilling life.

In this article, Felix dives into his initial publishing experiences, exploring passive income options, and the investment dilemma he faced when deciding to prioritize publishing over traditional investing.

Key Takeaways

• Personal development and acquiring more skills and wisdom can lead to a more fulfilling life.
• Creating a side hustle that provides passive income can lead to financial independence and the ability to pursue one’s passions.
• Overcoming obstacles and doubts is key to expanding one’s publishing portfolio and achieving success.

Personal Development Journey

In 2012, Felix was feeling unfulfilled with his life and career. He stumbled upon a CD by Jim Rohn and became obsessed with personal development. Over the next couple of years, he focused on becoming the best version of himself and acquiring more skills and wisdom.

Later that year, he read “The 4-Hour Work Week” by Tim Ferriss and realized that financial independence was the key to creating a side hustle that could provide enough passive income to cover his living expenses. He found Stefan James and his blog Project Life Mastery in 2013-14, where James claimed to be earning 5 to 10K a month in royalties publishing ebooks on Amazon.

After months of hesitation, Felix signed up for James’ course and learned how to find a profitable niche, stand out from the competition, utilize keyword selection and SEO, hire freelancers, and promote his books.

He published his first book, “Pursuing Positivity,” in January 2015 and was initially disappointed when sales died off. However, he continued to publish books and eventually achieved financial independence through his passive income streams.

Financial Independence: A New Perspective

Felix shares his personal story of how he achieved financial independence by publishing books online. He emphasizes the importance of personal development and acquiring new skills to become the best version of oneself. He also highlights the concept of creating a side hustle that provides enough passive income to cover living expenses, allowing one to pursue their passions.

To achieve financial independence, Felix followed the guidance of Stefan James and his blog Project Life Mastery. He learned how to find a profitable niche, stand out from the competition, utilize keyword selection and SEO, and hire freelancers like ghostwriters, cover designers, and editors. He also learned how to construct titles and subtitles, write book descriptions, get reviews, and promote his books.

Felix hired three writers to write on three topics: something he was passionate about, something he had experience and knowledge in, and something he thought would sell well. He published his first book, “Pursuing Positivity: A Guide to Positive Thinking and Happy Living,” and although sales were initially slow, he continued to publish two more books, “Your First Marathon” and “Your First Orchid.”

Through persistence and hard work, Felix eventually achieved financial independence, earning over a million dollars in royalties over eight years. His story serves as a reminder that with the right mindset, skills, and determination, anyone can achieve financial independence and pursue their dreams.

Exploring Passive Income Options

Felix stumbled upon the idea of creating a side hustle that would provide enough passive income to cover living expenses, freeing up time to pursue other interests. He found success in publishing ebooks on Amazon and hiring ghostwriters to write for him.

To start earning passive income through publishing ebooks, Felix recommends finding a profitable niche and standing out from the competition. Utilizing keyword selection and SEO, hiring freelancers like ghostwriters, cover designers, and editors, constructing effective titles and subtitles, writing book descriptions, getting reviews, and promoting books are all key steps in the process.

Felix hired three writers to write on topics he was passionate about, had experience and knowledge in, and thought would sell well. He published his first book, “Pursuing Positivity: A Guide to Positive Thinking and Happy Living,” roughly six weeks after starting. Though sales initially died off after initial pity purchases from family and friends, Felix continued on and published two more books, “Your First Marathon” and “Your First Orchid.”

Felix spent more money and followed his own gut rather than strictly adhering to course recommendations for books two and three. Despite initial doubts and feelings of failure, Felix’s books have continued to generate passive income over the years.

Diving into Ebook Publishing

In 2015, after stumbling upon Stefan James’ blog Project Life Mastery, Felix decided to pursue ebook publishing as a means of generating passive income. He enrolled in James’ course, which taught him how to find a profitable niche, stand out from the competition, utilize keyword selection and SEO, hire freelancers like ghostwriters, cover designers, and editors, construct titles and subtitles, write book descriptions, get reviews, and promote his books.

Felix decided to hire three writers to write on three topics: positive thinking, running a marathon, and growing orchids. He published his first book, “Pursuing Positivity: A Guide to Positive Thinking and Happy Living,” in January 2015, followed by “Your First Marathon” and “Your First Orchid.” While his first book only cost him £44 ($54.85) to create and was only 29 pages long, he was proud of the end result.

After asking family and friends for help, the sales of his first book died off, leaving him feeling flat and disowned. However, he remained committed and released his second and third books, which cost him more money and effort to create.

Despite his initial doubts, Felix’s ebooks eventually generated over a million dollars in royalties, proving that ebook publishing can be a lucrative source of passive income for those willing to put in the effort and follow a proven system.

Initial Publishing Experiences

In 2015, Felix published his first book, “Pursuing Positivity: A Guide to Positive Thinking and Happy Living,” after completing a course on how to publish books online.

He then hired ghostwriters to write his books and published a total of 68 books that year. Although Felix did not write any of the books himself, they made over a million dollars in royalties over the next eight years.

After publishing his first book, Felix asked family and friends to help promote it, but sales quickly died off. Despite initial disappointment, they continued to publish two more books, “Your First Marathon” and “Your First Orchid,” which they were more proud of. Felix spent more money and followed his own instincts for these books, taking a hybrid approach that combined his own ideas with recommendations from the publishing course.

The course taught Felix how to find profitable niches, stand out from the competition, utilize keyword selection and SEO, hire freelancers like ghostwriters, cover designers, and editors, construct titles and subtitles, write book descriptions, get reviews, and promote his books. Felix credits the course for getting them up and running as a self-published author.

Overcoming Obstacles and Doubts

In 2012, Felix faced a lot of doubts and insecurities about his career path and life goals. He had just turned 30, was in debt, had no savings or investments, and felt like he was capable of more but didn’t know how to channel it. However, he stumbled across a CD by Jim Rohn that inspired him to work harder on himself than on his job. He became obsessed with personal development and bettering himself, which led to changes in his mindset, body, finances, and happiness.

Despite this progress, Felix still had doubts about his career path until he read “The 4-Hour Work Week” by Tim Ferriss. The book taught him that financial independence was more important than a traditional career path, and that creating a side hustle to earn passive income could provide the freedom to do whatever he wanted.

Felix then discovered Stefan James and his blog Project Life Mastery, where he learned about earning passive income by publishing ebooks on Amazon. Despite initial skepticism, Felix eventually signed up for James’ course and published his first book, “Pursuing Positivity,” in 2015.

However, Felix faced obstacles and doubts along the way. After initial sales died off, he questioned whether he had wasted his time and money. But he remained committed and published two more books, “Your First Marathon” and “Your First Orchid,” taking a hybrid approach that combined his own gut instincts with James’ recommendations.

Through hard work and perseverance, Felix overcame his doubts and obstacles to become a successful author, publishing 68 books and earning over a million dollars in royalties over eight years. His story serves as a reminder that with dedication and a willingness to learn and adapt, anyone can overcome their obstacles and achieve their goals.

Expanding the Publishing Portfolio

After publishing his first book, Felix decided to expand his publishing portfolio. He hired ghostwriters to write books for him on topics that he was passionate about, had experience in, and thought would sell well. He hired freelancers like ghostwriters, cover designers, and editors to help him with the process.

Felix’s publishing process included finding a profitable niche, standing out from the competition, utilizing keyword selection and SEO, constructing titles and subtitles, writing book descriptions, getting reviews, and promoting his books. He also learned how to use Amazon’s self-publishing platform to publish his books.

Felix published a total of 68 books in one year, and he did not write any of them himself. He earned over a million dollars in royalties over eight years. His first book did not sell well, but he did not give up. He continued to publish more books and learned from his mistakes.

Expanding his publishing portfolio allowed Felix to diversify his income and increase his passive income streams. He was able to cover his living expenses with his passive income and achieve financial independence.

Investment Dilemma

Felix, after experiencing a rejection for a promotion, realized that he needed to acquire more skills and wisdom to become better. He became obsessed with personal development and bettering himself, which led to changes in his mindset, body, finances, and happiness. However, he still had a question mark over his career path until he stumbled upon the book “The 4-Hour Work Week” by Tim Ferriss. The book pointed out that it didn’t matter what job someone had, they could become financially independent. They could create a side hustle that provides enough passive income to cover their living expenses, freeing them up to do whatever they want.

He realized that he needed to find a side hustle that would meet his living expenses. He researched how to make passive income online and found Stefan James and his blog Project Life Mastery. Stefan claimed to be earning 5 to 10K a month in royalties publishing ebooks on Amazon. He said he published over a hundred books and hired ghostwriters to write for him. Felix was skeptical at first, but was amazed when he saw Stefan’s success.

He decided to sign up for Stefan’s course, which taught him how to find a profitable niche, stand out from the competition, utilize keyword selection and SEO, hire freelancers like ghostwriters, cover designers, and editors, construct titles and subtitles, write book descriptions, get reviews, and promote his books.

Felix decided to hire three writers to write on three topics: something he was passionate about, something he had experience and knowledge in, and something he thought would sell well.

Through this he published his first book, “Pursuing Positivity: A Guide to Positive Thinking and Happy Living,” which cost him 44 quid ($54.83) to create. Although the sales died off after initial pity purchases from family and friends, he didn’t give up. He published his second book, “Your First Marathon,” and his third book, “Your First Orchid,” which he spent more money and effort on. He was nervous about these two books, but he followed his own gut rather than Stefan’s recommendations.

Felix’s investment dilemma was whether or not to invest in Stefan’s course. He was skeptical at first, but he realized that if he didn’t find a way to earn passive income, he had to be prepared for 30 years of corporate life. He took a chance and signed up for the course, which taught him how to publish books online and make passive income. He invested in himself and his future, which paid off in the long run.

Decision to Prioritize Publishing Over Traditional Investing

In 2012, Felix was feeling unfulfilled in his corporate job and was searching for a way to achieve financial independence and do something special with his life. After stumbling upon personal development resources and the concept of creating a side hustle for passive income, he discovered Stefan James and his course on publishing ebooks on Amazon.

Despite initial skepticism, Felix eventually signed up for the course and learned how to find profitable niches, stand out from the competition, utilize keyword selection and SEO, hire freelancers, and promote his books. He decided to hire ghostwriters to write on three topics he was passionate about, had experience in, and thought would sell well: positive thinking, running a marathon, and growing orchids.

After publishing his first book on positive thinking, Felix initially experienced disappointment when sales died off quickly. However, he remained committed and continued to publish his second and third books on running a marathon and growing orchids. He spent more money and followed his own gut rather than strictly adhering to the course recommendations for these books.

Ultimately, Felix’s decision to prioritize publishing over traditional investing paid off. Over eight years later, he has made over a million dollars in royalties from publishing 68 books, none of which he wrote himself. By taking action and pursuing his passion for writing, Felix was able to achieve financial independence and create a life of freedom and fulfillment.

Progress and Outcome

After stumbling across an old Jim Rohn CD and becoming obsessed with personal development, Felix decided to pursue a side hustle that would allow him to become financially independent and do whatever he wanted. He discovered Stefan James and his blog Project Life Mastery, which claimed to teach people how to earn passive income online. Despite initial skepticism, Felix eventually signed up for James’ course and published his first book, “Pursuing Positivity: A Guide to Positive Thinking and Happy Living,” in January 2015.

Although the book initially had lackluster sales, Felix continued to publish and eventually released 68 books in that year alone, none of which he wrote himself. Over eight years later, he has made over a million dollars in royalties. The course taught him how to find profitable niches, stand out from the competition, utilize keyword selection and SEO, hire freelancers like ghostwriters and cover designers, construct titles and subtitles, write book descriptions, get reviews, and promote his books.

Felix’s approach to publishing books involved hiring writers to write on topics he was passionate about, had experience and knowledge in, and thought would sell well. He followed his gut and hybrid approaches for books two and three, respectively, which cost him more money but resulted in better end products. Despite initial doubts and setbacks, Felix’s commitment to personal development and pursuing a side hustle eventually paid off in the form of financial independence and the ability to do whatever he wants.