My Chiang Mai Challenge
I’ve just returned back to the beautiful city of Chiang Mai, this time for just a month.
I’ll be heading home mid-December in time for Christmas, so it’s only a very short stay.
To many, a trip this short seems almost not worth it, particularly since I hadn’t been back home in Melbourne all that long.
But, I desperately felt the need to come back. I really feel at home here, and not only that; I’m also about 100 times more productive in this city!
Back in Melbourne, life is full of the wrong kind of distractions. I’m living at home with family, everything is a long distance away, and all of the days seem to roll into one.
Out in Chiang Mai though, I’m surrounded by other entrepreneurs. Every conversation is stimulating. Everyone is energetic, motivated, and enthusiastic to make ‘it’ happen!
And being an ultra-competitive person, I also find motivation by working alongside motivated people.
I want to work harder, to earn more, to do better.
I want everyone else to succeed as well obviously, but it’s just how my crazy competitive mind works. It makes me want to work like a mad man.
That’s why right now, Chiang Mai is the perfect place for me.
I have some very, very big goals that I want to achieve. I have been making progress on them at home, but no way near as rapidly as I’d like to be.
I just knew, if I wanted to fast-track my success, I’d need to head back here. So, here I am.
So, what is my ‘Chiang Mai Challenge’?
If you’ve been following along with this blog or my YouTube channel, you’ll likely know that I’ve been working on a 2nd Kindle publishing account.
Last month, from 11 books it made me around $2250 or so. I want to eventually (read ASAP) get this account to 40 books. I can’t guarantee how much that will make me, but judging by my results thus far, it would likely catapult me into the illustrious 6-figure income bracket.
Not only that, with using my method of Kindle publishing, it would be almost entirely passive.
So, my challenge relates to working on this new account. I have a single focus for this trip, and that’s putting out books like a publishing machine!
I won’t get up to 40 books during this month, but I’ll make a fair dent into that ultimate goal.
My ‘Chiang Mai Challenge’ consists of 4 goals. If you’d like to watch a YouTube video of me explaining them, then watch the YouTube video further down on this post! (P.S. Don’t forget to subscribe, I also want to hit 1000 subs this year!!)
Otherwise, if you’re a reading kind of person, continue on reading!
GOAL 1: Edit & Update 9 Books
I’ve already selected my 40 book niches, and have paid for a lot of them to be written. In my experience as a Kindle publisher over the past few years, I’ve made a lot of mistakes. One of the biggest is not focusing highly enough on producing quality books.
This means that they make money for a little while, get a few negative reviews, and then disappear from the face of the earth – never to be seen by Amazon customers again.
This time around, I’m focusing on quality! The 9 books that I’ve already paid to be written need to be not only edited, but also improved. During this month I want to edit these 9 books, and add several additional chapters that I will write myself. Quality is the big focus! I want long-term passive income here!!
GOAL 2: Write 7 Books Myself
In addition to the editing and updating of 9 books, I also want to entirely write 7 books by myself this month!
This will be a big challenge for me. I’ve already started working one book, and while I do believe I can write quite well and often enjoy it, I can struggle to stay focused at times.
I’m choosing to write these books by myself for a couple of reasons:
1) I want to ensure that the books are high quality
2) To save money.
The costs of a single book aren’t too bad. However, when you multiply that by 40, it can add up! This will also give me something to do while I’m waiting for books to be written by my outsourced writers, projects to be formatted, covers to be made, etc. A lot of this business really is spent waiting around on others!
GOAL 3: Pay For 7 Books To Be Written
I also want to outsource the writing of an additional 7 books. These will be books that require a large amount of research to write, and thus my time is better spent on other projects.
These books most likely won’t be published whilst I’m out here, but I’ll have them ready to go as soon as I get back.
As I mentioned, this business involves a lot of waiting. When trying to scale, it’s absolutely vital that you have a steady stream of new books ready to launch every week. This order of 7 books is just to keep the wheels turning, and the momentum going once I arrive back home.
Like I said, I already have chosen my book niches, so actually getting these books written won’t be tough, well, except for on the wallet!
GOAL 4: Publish 12 Books
The 4th and final goal is to publish 12 books. At approximately 3 books per week, I will return home with exactly double the amount of books published than I arrived with!
Hopefully, I have more than 12 books ready to be published this month. That way I’ll be able to return home with more books ready to go!
The actually publishing process is quite simple. It doesn’t take long to upload a book, choose a category, some keywords, and bang out a description.
What isn’t so simple is what happens next, and is where a lot of people go wrong… That, is the launch strategy process.
When I launch my books, I want them getting downloads and reviews almost instantly. Having sales in the first 48 hours is absolutely crucial to ranking a book in the Amazon search results.
It doesn’t matter how great my books are – without these initial sales, people will never find them on the internet.
That’s where my virtual assistants come into play, and where this gets more difficult.
My VAs get me downloads, reviews, and promote my books for me. I currently have 3 VAs working for me, but it’s likely that I’ll need to hire more this month.
Hiring and managing these virtual assistants takes time and energy. I don’t want to rush this process, or do a half-assed job. This step is so crucial to the success of my books, that I need to execute it perfectly.
That ladies and gentlemen, is why I will only attempt to publish 3 books per week. Perhaps if I find some amazing assistants that do an incredible job, I’ll publish faster. But, that is unlikely.
At 3 books per week, I’ll return home with 24 published, have 30 published by the year’s end, and have reached my goal of 40 books published by the time I travel again in February.
And hopefully, I’ll hit the big 6-figure mark in February (about $8300 p/month in income) and be able to travel in style, not having to worry too much about finances.
Watch my Chiang Mai Challenge Video Below
Money (or a lack thereof) can be a huge hindrance for people being able to live life the way they want. We aren’t on this earth to work 40+ hours a week, just to pay our bills, yet that’s what most people do.
I don’t need millions of dollars (although it would be nice), and I definitely don’t want to make money just to keep up with the Joneses. I simply want to earn money to be comfortable, see the world, work when I want to, have some stability. Basically to live life the way it’s meant to be lived.
I’ll keep everyone posted on my results with this challenge, and my Kindle publishing accounts.
With the right knowledge, time, and dedication, I think it’s possible for anyone to hit the 6-figure mark using this Kindle publishing method, and within a relatively short period of time too!
If you’d like to learn more about how I publish my books, head to: www.freedomselfpublishing.com
Thanks for reading along.
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Keep crushin’ it,
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