 This is the five reasons why you should not publish fiction books And this is for you if you're here just to make money and you're deciding between should I publish nonfiction or should I publish fiction? What's the better business move for me? But if you love writing fiction books, then that should not stop you from creating a fiction publishing business This is only from a perspective of Nonfiction this fiction which do I choose if my goal is to make money from a business standpoint, which is better? Five reasons why fiction is not the answer. Let's go talk about it Now before we get into the five reasons why I just want to talk a little bit about our experience with fiction and why Our opinion matters and why and how we know about this So I published fiction myself for about a year in 2017 and 2018 until I published like eight books Spent a lot of money went all out. So I know everything that goes into it Yeah, I know the entire process and what it takes. So I publish fiction for around Four or six months. I only published four books one trilogy and a standalone In the crime thriller niche I'm writing crime thriller and romance. So you've had more experience You've gone deeper into it and you've as well had a bigger loss with fiction and learned more about it I took a course on it. I did everything. So just want to let you guys know that we do have experience now The first reason why you should not publish fiction books that we think is because it is not Beginner friendly like at all now the great thing about publishing And what separates it from all these other online business models like non-fiction publishing non-fiction publishing I'm fiction publishing. Sorry why it is so great like and what separates it from all these other online business models It's just how easy it is how beginner friendly it is It's just in our opinion the best online business for someone who's never Done anything business related in their life ever to get started now. It's not easy But it's easy compared to yes other online businesses out there. Yeah, right now That's why I recommend it to everyone for that reason But fiction publishing is not easy at all it requires you to learn all these other things that non-fiction publishing does not necessarily acquire Like running Facebook ads like really in-depth list building email marketing building a website Knowing learning how to like a nurture and build relationships with customers It's just book launches just these crazy things that are not easy for someone who doesn't know what they're doing That's not to say they're bad in any way. I'm just saying if you have no experience at all with any of these things It's very tough. Yeah, it's very hard and that was kind of me when I first got into it I was very overwhelmed. I was not it because I was used to not fiction So that okay fiction seems like it's a good opportunity. Let me try this out I was very overwhelmed with all the work. It was that's that's the big takeaway from this first point the old word Oh, it's very overwhelming for beginners. Yeah, because it's not what you think it is That goes into it. Now the second reason why we do not recommend fiction publishing is because to make money with it You are basically only relying on ebook sales and paid reads You are removing essentially two income streams that are paperback sales and audiobooks, which are normally the two biggest income streams Yeah, they are the reason for this is because Nonfiction readers and fiction readers act very differently completely different fiction readers. They read they just loves to read It's like their favorite thing to do in the world So they read like dozens a month right now it's there to buy paperback books or audiobooks That gets really expensive and also storing of paperback books hundreds in your house is tough Yeah, it just doesn't work But they have ebooks on their Kindle reader and like it all it takes up is this little they have hundreds on there So they buy only ebooks and then they also enroll in the Kindle unlimited program We get unlimited ebooks that are enrolled in the program for 10 bucks a month. So for them It just makes sense. Yeah, right but because of that reason they will rarely ever buy paperback books and also audio books Now paperback books can have like $10 royalties audiobooks can have six seven eight dollar royalties While ebooks have like two dollar royalties back when I ran my own fiction publishing business I've sold hundreds of ebooks probably not thousands but over a thousand ebooks in my span of doing that I probably sold less than 10 I'll be safe as a less than 20 paperbacks in that same span Yeah, definitely and same for audiobooks same for audiobooks I would sell less than 20 per book and I would spend 350 dollars to get these books produced These audiobooks produced and they of the audiobooks never made their money back Yeah, the investment to get the audiobook made never came back So the big thing is that fiction books rely on one income stream Which is just ebook sales and then ebook page reads and they're neglecting the two other biggest income sources with that Nonfiction publishing takes advantage of paperback books and audiobooks and the third reason is that it is much more Expensive to have books written and thus also audiobooks and narrated now if you really want to take fiction publishing seriously You have to create long books. You can't just create short stories So a long book would be something in the range of like 50,000 to 70,000 words Right if you want to compete with the other big popular office, which is what you have to do People do publish 20,000 word fiction books, but they fail and they don't that's not a long-term sustainable thing to do again The reason why you want long books is because you're based off of page reads The longer your book is the more page reads you get the more money you make So it is in your best interest if you're taking it seriously to make long books like 50,000 plus words Which will cost you over a thousand dollars to have written and then to have the audiobook narrated like three four five hundred Could be way more than that as well 500 bucks to have it narrated while with a nonfiction books It's more around like 30,000 words long. So the production costs immediately cut in half So that's one big negative with fiction publishing also if you go on some ghost writing companies websites and you want to order fiction writing You'll notice that it is often more expensive than nonfiction writing the per 100 word rate to have fiction content written It's simply just more expensive than nonfiction So like it just can get really really expensive and this is things that people don't talk about But this next point is probably the biggest one that people don't talk about and that is the upfront cost That you have to spend with Facebook ads to just get your whole fiction business rolling Yeah, I think people don't understand that like it's super super competitive There are so many authors out there that you're gonna be competing with Facebook ads are a must. Yeah, you 100% So that's the thing with fiction like there's no such thing as organic traffic in nonfiction There's plenty of organic traffic You make a book about like how to how to make a dream journal And then people are searching how to make a dream journal in Amazon and then your book will pop up And you didn't have to pay anything to have someone to see your book But if you make a book called like lost in summer in 1988 I don't know something like that No one can find your a book if you're not running shitloads of ads Like there's nothing people can search in the Amazon search bar to be able to find that book So you need to run shitloads of ads and people do not understand How much money people are spending these fiction publishers are spending on ads to their books So it's somewhere in the neighborhood just to like launch your first book because you need to build an email list You need to build a following you need to create attention for your book people will spend 10 to 20 thousand dollars definitely thousand dollars and if you want to take this seriously and do it real like for real Then ten thousand plus dollars. Yeah, you need to have twenty thousand sitting in the bank right now If you want to take a picture in publishing series Yeah, if you just have a few grand you cannot do this you could do it But you will fail and you'll wish that you'd listen to us and just gone to nonfiction right now I want to say running ads the fact that this is a part of fiction. It's not a bad thing No, I mean ads is good ads are great for any business and it's not wrong or anything Just keep in mind that you need this money up front and you're not gonna be paid by Amazon until 60 days later So you're not gonna get it back until then you really need the money now It's gonna be gone for two months And then you'll get it back and one very very very important thing to know about fiction publishing is you see these massive screenshots of massive income reports like fiction publishers They like to flaunt their publishing income like oh, I made 50k this month What they're not showing you is they might literally have spent 50k or more in Facebook ad spend and Amazon ad spend as well. Maybe they only spent 40k So, oh, then you still made 10,000 profit, which is great Which is great, but you can do that in nonfiction as well, but it's not like whoa How do you do that? I can't do that anywhere else only fiction like it's not like what they're not showing you Is their massive Facebook ad spend some will make 50k in royalties and spend 52k and as absolutely like they're losing money But look, I made 50k this month Yeah, but in reality a lot of people are not just truthful about Their incomes and again, that's not to say that's everyone but not at all not just common I'm just saying those people exist now. I also want to say I'm not here to just shit on fiction publishing This is my true and honest experience with it That's why I don't choose to do it and why I don't recommend to anyone They're good things about it, but here I'm just saying why I don't recommend it But nonfiction is easier and better for making money And also everything we're saying in this video all of the five points. These are all just facts They are facts that can't really be disputed very much. Okay, the fifth one is I think the biggest one You know, you said the last one was I think this one is and that is that it's not passive It's not passive at all, right? You are working very hard with this like when it comes to nonfiction That's the great thing about nonfiction. Yeah, it can be super passive Let me just show that it's super passive in a lot of videos I put on like all the screen income reports from like months of my nonfiction publishing business where I hadn't touched it in like Nine months and made fifty thousand dollars in real issues now This could never happen with fiction if you just let go you cut off all ads you cut off all emails You didn't respond to anyone it dies off instantly. Oh, it'll you'll get down to a few hundred dollars a month Maybe yeah, right after making 10,000 plus. So it's just so much work This goes back to again one of the great things about publishing is it's passive like no other business in the world is Nonfiction again, but once you go into fiction, it's suddenly not passable. So what are these things that make? Fiction not passive. So you have to continuously maintain Facebook ads every day You have to go in and adjust make changes all that reply to emails maintain a Facebook page reply to all comments run Promotions set of email sequences every time you launch a book. There's a whole massive thing that goes into it It's just so different than nonfiction publishing. You can't even compare them now This is everything that I went through myself and in the end. I was just now I just want to say I'm maybe not 10k I may be five between five and 10k in the hole from my fiction experiment, right? That's just me Oh, there's the more successful. I don't have any success with it The more valuable thing you lost was your time. I spent a lot of time on that Publishing nonfiction. I did that on the side as well. I wish I focused on that. Yeah, I learned so much from it So I don't regret it. So the big takeaway for this I think a lot of the people watching this video is people who are publishing nonfiction. They're having success They're doing well, but they're seeing these other fiction publishers flaunting income reports They're like 20 30 50k an income like oh no one in nonfiction does that I want to get into fiction because I'm gonna make way more money having intense feelings of shiny optic syndrome Yeah intense feelings of shiny object syndrome What I want to say is if you're in nonfiction and you're doing great And you want to like because you can't publish nonfiction forever because it's just you want more Yeah, I can be a millionaire from publishing. Yeah, so you want to move on to the next thing and fiction is a big obvious one Because oh you're experienced in publishing and there's other people making a lot of money I would highly advise against that because you're simply just first of all you're just going sideways You're just building another publishing business You're just building another publishing business and you don't know what you're getting yourself into It is not necessarily better than what you've been working on. I personally think it's it's not better Yeah, it's a worse business model because of all the things we mentioned today The only reason why you should do it is because you love books you love publishing and you want to maintain this business for years But if you're here to make money and like an entrepreneur the way we are I'm here to build something much bigger Yeah, you know so much rather than a business is not that much rather maybe start a YouTube channel show You talk about publishing there or you could you could there's a lot of options I'm supposed to be a marketing agency real estate. Whatever. I don't talk about that in another video But the last thing I wanted to talk about the big thing about a fiction publishing business People don't realize is I'm gonna put the picture on the screen right here This is a graphic from Sam ovens is something that he talks a lot about as you can see There's a big lion or monster, which is your business and then there is a chain Connected to your neck, which is what a lot of people experience in entrepreneurship in general They become a slave to their businesses and with nonfiction publishing that is not the case like oh That that's the great thing about nonfiction But fiction is a great example of this you can become a slave to it because it needs constant shit loads of ad spend It needs your attention all the time. You can't take time off You just need to constantly maintain it maintain it maintain it to keep your income alive I really don't want people going down in that rabbit hole if they're expecting something a lot better Then what they're already working on because it's just that won't be the case now Please I really really want to have a discussion about this in the comment section if you disagree Let us know what you disagree with and I'm very open-minded to have my mind changed as you come with something I've never heard before but I do have experience with this I've done it myself so that brings up to the last thing which is the magic emoji of the day Let's do the that That monster Because fiction is about like stories and monsters make sense. That was the best connection I can make So drop that down below like the video if you liked what you heard Subscribe check out all the other videos on our channel We talked all about publishing nonfiction publishing because that's what we recommend and yeah, that's another video See you guys in the next one