Public domain is the world of knowledge that is freely
available to the public. You can find literally tens of
thousands of books free to download online from public
domain. The vast majority of these books are usable
commercially. This means that you can make a profit from
these resources, leveraging the original author's work for
your own income. Once a copyright expires, the book
becomes public domain. It is completely legal in most
cases to resell these works for your own profit.
One easy way to make money with books you download from
public domain is by selling them for use on PDAs and iPods.
More and more people want to have books available to listen
to on their PDAs and iPods. It makes commuting easier, it
helps while standing in long lines, and it's simply fun to
always have a book available to enjoy any where you happen
to be. It is so incredibly easy to profit from public
domain in this manner because the format most books are
downloaded in is .txt. This is the same file type required
for use in PDAs and iPods, so you do not need to convert
the documents before selling them. This can be so much
quicker and easier than creating a typical ebook in a
format such as pdf.
Another great way to profit from public domain books is
by creating audio ebooks. You can read public domain
books out loud, recording them into your computer, and then
convert the files to MP3. We all know how popular audio
books are, and how popular downloading audio is, so put the
two together and you have an unlimited audience of potential
buyers. Think of how many high-school and college students
had rather listen to the great classics than to have to read
them. If it worked for Cliff's Notes it can certainly work
for you!
To make lots of money using public domain books, you can
build your own web site, or even sell on ebay. If you can't
build a web site, or you do not want to build your own web
site, you can easily outsource this task cheaply. You can
also cheaply outsource having your downloaded public domain
books read out loud for conversion into an audio ebook.
This is a very easily executable idea that you can start
using right away to create an income steam.
I do have to give credit where credit is due. This idea
came from the great marketing minds of Alex Mandossian and
Armand Morin. They discussed this idea in detail, along
with other great ideas, on their Big Seminar 7 preview
teleconference call. I felt that this particular idea was
so easy and such a great moneymaker that it stood out above
all the other ideas I heard listening to to call.
Certainly there is a large market, so let's all take this
great idea, run with it, and create great profits.
